MicroStrategy (MSTR) opened to yet another all-time high on Thursday as the price of Bitcoin itself surged to a fresh peak above $98,000. But MSTR shortly thereafter dove over 18% before recovering, with such volatility arriving as Wall Street adjusts to massive expectations for crypto stocks, fueled by Bitcoin’s meteoric post-election surge. Similar dips appeared to impact other Bitcoin-related stocks…
The teams are working together to establish an internet built on the principles of user control, digital sovereignty, and community-driven governance. NEW YORK, Nov. 20, 2024 /PRNewswire/ — Today, Project Liberty, an organization helping people to take back control of their digital lives by reclaiming a voice, choice, and stake in a better internet; Consensys, the leading blockchain and Web3 software…
Sui, a layer-1 blockchain built by Mysten Labs, experienced its first major outage Thursday, as the network failed to process transactions for around two hours. The outage was caused by a “bug in transaction scheduling logic that caused validators to crash,” Sui’s official account explained on Twitter (aka X). A patch for the issue has since been rolled out, Sui…
Traders worldwide are turning to ChatGPT for insights and fresh ideas in the crypto market. The AI model has given its take on XRP – suggesting the token could hit $5 sooner than many think. It also had some exciting things to say about Crypto All-Stars, a presale project that’s raised over $4.8 million so […] Source: https://news.bitcoin.com/ai-predicts-when-xrp-could-hit-5-gives-bullish-forecast-for-new-altcoin-stars/
Phillip Banks, the artist behind the viral “Chill Guy” meme, has taken to Twitter to threaten legal action against meme coins using his art. Solana meme coin CHILLGUY had peaked at a $500 million market cap. But in the two hours that followed Banks’ tweet, the price plummeted 54% to $220 million. It’s now up to $375 million. CHILLGUY surged…
Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets. Source: https://cointelegraph.com/news/us-bitcoin-etfs-break-100-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Thursday, Nov. 21, ethereum (ETH) took the lead, climbing over 7% while bitcoin managed a 3% increase. Ether Dominance Shrinks, But Today It Steals the Spotlight from Bitcoin This year has been a rocky road for ethereum (ETH), but on Thursday, the digital asset reached an intraday peak of $3,362 per ether. As of […] Source: https://news.bitcoin.com/ethereum-rallies-7-outshines-bitcoins-modest-climb-is-the-tide-turning/
The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems’ CEO Ethan Buchman said. Source: https://cointelegraph.com/news/cosmos-founder-pitches-peer-to-peer-clearing-system?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Sui is looking for new scalable and sustainable projects for its blockchain, and it’s offering generous encouragement. Source: https://cointelegraph.com/news/suihub-global-accelerator-200k-blockchain-startups?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options. Source: https://cointelegraph.com/news/is-micro-strategy-bubble-what-risk-bitcoin-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
