Microstrategy shares have jumped 171% in just six months, drawing both admiration and skepticism. While MSTR stock trades at a premium, critics and short-sellers argue the company is deep in bubble territory. MSTR Rally Sparks Skepticism, Renowned Shorter Say Stock Is ‘Overheated’ Bitcoin’s meteoric rise has turned out to be a windfall for Microstrategy (Nasdaq: […] Source: https://news.bitcoin.com/shorters-pile-in-on-mstr-citron-research-warns-microstrategys-bull-run-could-burst/
Month: November 2024
Dogecoin Rising as Bitcoin Nears $100K—But XRP and Other Alts Are Hotter
Bitcoin may still be trying to break the long-anticipated $100,000 per coin mark after a few close calls over the last day, but various altcoins are on the rise—including Dogecoin. One of them is Dogecoin, the seventh biggest coin by market cap. It hit $0.4126 early Friday afternoon, the highest mark seen in over a week, with its daily gain…
Blockchain Association outlines crypto priorities for Trump’s first 100 days
The Association ultimately seeks a swift end to the “regulation by enforcement” era of cryptocurrency oversight in the US. Source: https://cointelegraph.com/news/blockchain-association-crypto-reform-priorities-trump-first-100-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Polymarket Blocks Users in France After Trump Betting Controversy
After weeks of escalating tensions between Polymarket and the French government, the popular prediction betting market opted to block France-based users on Friday—cutting out a major market for the site. Users attempting to access the site from France today found a new pop-up preventing them from doing so. “You appear to be located in the United States, France, or another…
First Cash-Settled Bitcoin Options to Debut on Cboe
Cboe Global Markets, Inc., announced plans to launch the first cash-settled options product linked to spot bitcoin, effective Dec. 2. The new offering seeks to enhance access to cryptocurrency derivatives for investors. New Bitcoin Options to Launch on Cboe Platform According to the announcement, the new product will be exclusively traded on the Cboe Options […] Source: https://news.bitcoin.com/first-cash-settled-bitcoin-options-to-debut-on-cboe/
Magic Eden Token Airdrop Date Set as Pre-Market Value Hits $562 Million
The ME Foundation will launch its Solana-based ecosystem token—ME, which is aligned with leading NFT marketplace Magic Eden—on December 10, a representative told Decrypt. The airdrop, which traders anticipate may be worth more than $500 million based on pre-market trading prices, will reward users of Magic Eden’s Bitcoin exchange and cross-chain NFT marketplace. The token will be claimable exclusively through…
Bybit Waives P2P Transaction Fees for Users in Africa
DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences. Since its…
Mog Coin Price Pumps 22% as New Meme Coin CatSlap Explodes Following DEX Launch
Mog Coin (MOG) is one of the market’s top performers right now. The coin has gained 22% in the past 24 hours, now just below last week’s all-time high. Meanwhile, newer cat coins like CatSlap (SLAP) are also impressing – with many traders believing SLAP could be about to take the market by storm. Mog […] Source: https://news.bitcoin.com/mog-coin-price-pumps-22-as-new-meme-coin-catslap-explodes-following-dex-launch/
DOJ Charges Five in ‘Scattered Spider’ Crypto Phishing Case
The U.S. Department of Justice (DOJ) has charged five men for allegedly targeting the employees of multiple companies with phishing campaigns. According to a recent announcement by the Department of Justice, the alleged co-conspirators targeted United States companies with phishing text messages and harvested employee credentials. Akil Davis, Assistant Director in Charge of the FBI’s Los Angeles Field Office, explained…
$1.5 Trillion Asset Manager Franklin Templeton Backs Sui Blockchain Expansion
Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem. Sui and Franklin Templeton Forge Blockchain Development Alliance As a layer-one (L1) blockchain, Sui’s latest collaboration with Franklin Templeton highlights the growing interest of established financial institutions in exploring the potential of […] Source: https://news.bitcoin.com/1-5-trillion-asset-manager-franklin-templeton-backs-sui-blockchain-expansion/