The number of crypto millionaires has seen a remarkable surge in 2024, reaching unprecedented levels. This increase can be attributed to the significant rise in cryptocurrency values over the past year. Bitcoin, Ethereum, and other major cryptocurrencies have experienced substantial gains, leading to a significant increase in the number of individuals whose crypto holdings are now worth millions. The boom…
As we step into September, Bitcoin enthusiasts and investors are keenly observing several critical price levels. The $25,000 support level has been a significant marker for the cryptocurrency, offering a potential floor that could prevent further declines. If Bitcoin breaches this level, it may signal a bearish trend, potentially leading to more substantial losses. On the upside, the $30,000 resistance…
Marathon Digital Holdings (NASDAQ:MARA) has announced plans to raise $250 million through a convertible senior notes offering. The company intends to use the proceeds for acquiring more Bitcoin and general corporate purposes. This move comes as part of Marathon’s strategy to strengthen its position in the cryptocurrency mining industry. The offering will consist of unsecured notes due in 2026, with…
Ripple Labs Inc., a prominent player in the cryptocurrency space, recently faced a substantial setback with a $125 million fine imposed by the U.S. Securities and Exchange Commission (SEC). This penalty was levied due to allegations that Ripple had conducted an unregistered securities offering by selling XRP tokens. The fine has significant implications for Ripple and the broader cryptocurrency industry.…
Tether, the leading stablecoin issuer, has unveiled its substantial holdings in US Treasuries for the first half of 2024. This disclosure is part of Tether’s ongoing effort to increase transparency and build trust among its users and the wider financial community. According to Tether’s latest attestation, the company holds a significant amount of US Treasury securities, underscoring its commitment to…
Ethereum is currently priced at $2,300 as of Sept. 16, 2024, fluctuating between $2,261 and $2,416 over the past day. With a market cap of $277 billion and a trading volume hitting $15.46 billion in the last 24 hours, ether is giving traders a mix of signals. Technical charts present a predominantly bearish outlook, but […] Source: https://news.bitcoin.com/ethereum-technical-analysis-eth-struggles-below-resistance/
Cryptocurrency markets experienced significant volatility today, with major digital assets such as Bitcoin and Ethereum demonstrating notable price fluctuations. Bitcoin, which has been a market leader, saw its value oscillate, reflecting broader market sentiments and investor behaviors. Ethereum, the second-largest cryptocurrency by market cap, also showed similar volatility. Analysts point out that these fluctuations are part of the cyclical nature…
Binance will start sending tokens on Sept. 16, while KuCoin will start delivering their token donations on Sept. 18. Source: https://cointelegraph.com/news/crypto-aid-vietnam-typhoon-yagi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The cryptocurrency market experienced significant fluctuations today, with Bitcoin (BTC) and Ether (ETH) leading the charge. Bitcoin, which has been hovering around the $30,000 mark, saw a sharp increase, reaching a new high of $32,000. This movement comes amid increasing institutional interest and positive market sentiment. Ether, the second-largest cryptocurrency by market capitalization, also experienced a notable surge. The digital…
Fold, a fintech company known for its innovative approach to integrating cryptocurrency into everyday transactions, is set to go public. The company has made headlines by leveraging Bitcoin as a central asset on its balance sheet, a move that sets it apart from other fintech firms. In a bold move, Fold announced its intention to go public, highlighting its significant…
