Bitcoin bull Michael Saylor has offered to help Microsoft make a trillion dollars by using his treasury reserve investment strategy, following word that shareholders in the tech giant are set to consider a proposal related to the top cryptocurrency. The billionaire founder and chairman of software company MicroStrategy on Friday wrote to Microsoft CEO Satya Nadella on Twitter (aka X),…
Month: October 2024
Unsubstantiated Tether investigation report shakes crypto market
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations. Source: https://cointelegraph.com/news/us-government-investigates-tether-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Here’s what it took to free Julian Assange — Lugano’s Plan B Forum
WikiLeaks founder Julian Assange was arrested in 2019 after spending seven years trapped in the Ecuadorian embassy in London, England. Source: https://cointelegraph.com/news/what-took-free-julian-assange-lugano-plan-b-forum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spot Crypto ETFs: Big Gains for Some, Losses for Others—Here’s the Full Breakdown
On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. […] Source: https://news.bitcoin.com/spot-crypto-etfs-big-gains-for-some-losses-for-others-heres-the-full-breakdown/
4 reasons why Bitcoin price is not trading above $70K
Bitcoin’s path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand. Source: https://cointelegraph.com/news/4-reasons-why-bitcoin-price-is-not-trading-above-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
What If You Invested $1,000 in Bitcoin 10 Years Ago?
Bitcoin, the pioneering cryptocurrency, has experienced extraordinary price swings since its creation in 2009. Early investors have seen massive gains, while others have faced losses due to Bitcoin’s extreme volatility. This unpredictability leads many to wonder how different their financial situations might look if they had invested sooner. For instance, in 2010, the first real-world Bitcoin purchase involved two pizzas…
Pump.fun Attacker Seeks to Withdraw Guilty Plea as Lawyers Quit Case
In a surprising twist, Jarett Dunn (aka Stacc) is seeking to withdraw his guilty plea over an attack on Solana token launchpad Pump.fun, by way of an abuse of position as well as transfer of criminal property. With this move, his legal team has quit the case. At the time of the attack, Dunn was a disgruntled employee of Pump.fun…
How BitcoinOS Could Transform ADA’s Ecosystem
A significant development is underway for the Cardano ecosystem with the launch of the Grail bridge on the Cardano network by BitcoinOS, a Bitcoin rollup protocol. This bridge aims to create an efficient and secure pathway for capital flow from the Bitcoin network to Cardano, with EMURGO, a key Cardano partner, actively supporting efforts to attract Bitcoin investments. Key Highlights…
MicroStrategy Stock Hits All-Time High as Bitcoin Holdings Surge
MicroStrategy’s stock has reached an all-time high following an aggressive strategy of acquiring Bitcoin. This strategic integration of Bitcoin into the company’s balance sheet has yielded impressive returns, significantly boosting the company’s stock and rewarding its shareholders as the cryptocurrency’s value rises. Bitcoin’s Impact on MicroStrategy’s Stock Surge Over the past year, MicroStrategy’s decision to incorporate Bitcoin as a central…
Early Bitcoin Miner Moves 2.99 BTC After a Decade—What Does It Mean?
An anonymous Bitcoin miner from 2010 has recently made waves in the crypto community by transferring 2.99 BTC from their long-held stash of 50 BTC to an active wallet associated with multiple exchanges, including OKX, Coinbase, Kraken, BloFin, and Crypto.com. This unexpected move has raised questions about the miner’s motives and potential trading strategies. A Decade-Long Hold and Strategic Diversification…