After purchasing a duct-taped banana at auction for $6.24 million last week, crypto billionaire Justin Sun announced he would reward the banana’s original vendor—a Manhattan fruit merchant who parted ways with it for 25 cents—by offering to buy 100,000 additional bananas from the man’s sidewalk stand. But shortly thereafter, the vendor dismissed the plan as nearly impossible to execute and…
Month: November 2024
Marc Andreessen’s Bombshell on Joe Rogan Spurs ‘Debank the Banks’ Discussion
The momentum from Andreessen Horowitz co-founder Marc Andreesen’s recent revelations about debanking has been unstoppable, sparking a fiery discussion urging people to step away from traditional financial institutions. Debanking Unmasked: Podcast Sparks Wave of Testimonies Against Banks Social media has been flooded with firsthand accounts, as individuals share their experiences of being forcibly excluded from […] Source: https://news.bitcoin.com/marc-andreessens-bombshell-on-joe-rogan-spurs-debank-the-banks-discussion/
XRP price soars to 43-month highs, but is the rally over for now?
XRP’s technical analysis points to a potential 20% price decline in December, with overleveraged positions likely exacerbating the downward pressure. Source: https://cointelegraph.com/news/xrp-price-43-month-highs-rally-over-now?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale’s crypto portfolio up 85%, driven by triple-digit altcoin gains
Grayscale’s cryptocurrency gains are another sign of an incoming altcoin season, which may lead to an XRP rally of $2.57 before the end of 2024. Source: https://cointelegraph.com/news/grayscale-crypto-portfolio-85-xlm-xrp-altcoin-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Boyaa Interactive Becomes Asia’s Top Bitcoin Corporate Holder Through Strategic Ethereum Conversion
Boyaa Interactive has converted $49.48 million worth of ethereum into bitcoin, making it the largest corporate bitcoin holder in Asia. Boyaa Swaps Ethereum for Bitcoin Hong Kong-based online gaming firm Boyaa Interactive International has emerged as the largest corporate bitcoin (BTC) holder in Asia after the company recently converted 14,200 ethereum (ETH) worth approximately $49.48 […] Source: https://news.bitcoin.com/boyaa-interactive-becomes-asias-top-bitcoin-corporate-holder-through-strategic-ethereum-conversion/
Bitcoin liquidity index points to $110K local BTC top by January 2025
If the correlation holds up, Bitcoin price could trail the liquidity index to above $110,000 by January 2025, with a potential correction below $70,000 next. Source: https://cointelegraph.com/news/bitcoin-liquidity-index-110k-top-january-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fund strategist echos 6-figure BTC price targets, sees $250K+ in 2025
Bitcoin has just entered the “sweet spot” of the next BTC price bull market, Fundstrat’s Tom Lee says. Source: https://cointelegraph.com/news/bitcoin-fund-6-figure-btc-price-250k-in-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blockchain Education: A Critical Component for Web3 Adoption, Says Veteran Educator
A blockchain education expert believes that learning about blockchain is crucial for the safe and effective use of Web3 technology. Blockchain Education: Fragmented and Inconsistent According to Pauline Cohen Vorms, co-founder of the Polkadot Blockchain Academy, blockchain education is essential for the adoption of Web3 technology. Vorms, a veteran educator, added that the growing list […] Source: https://news.bitcoin.com/blockchain-education-a-critical-component-for-web3-adoption-says-veteran-educator/
Bitcoin dominance hints at ‘altseason,’ analysts eye XRP price rally into 2025
Analysts are expecting Ether and altcoins like XRP to stage a significant rally leading into Trump’s inauguration on Jan. 20, which also marks the last day of SEC Chair Gensler. Source: https://cointelegraph.com/news/bitcoin-dominance-altseason-xrp-rally-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Miners Raised Over $5 Billion in 2024 With $3.6 Billion Spent on Machines and Infrastructure
Bitcoin mining companies channeled a significant portion of their fund raises into machine and infrastructure upgrades. Miners Raise Big and Invest Big in Bitcoin Mining 16 publicly traded bitcoin mining companies have raised more than $5 billion in 2024, according to theminermag.com. The report also revealed that Q3 had the biggest property, plant, and equipment […] Source: https://news.bitcoin.com/bitcoin-miners-raised-over-5-billion-in-2024-with-3-6-billion-spent-on-machines-and-infrastructure/