Just when he looked poised to tap a crypto bull to run America’s economy, Donald Trump is reportedly having a rethink. After whittling down his list of possible Treasury Secretary picks to Wall Street executives Scott Bessent and Howard Lutnick last week, the president-elect is now reconsidering whether either crypto advocate is up to the job—and is considering some less…
Month: November 2024
Is This the Next 100X Crypto? BEST Token Presale Off to Strong Start
The crypto market’s latest buzz comes from an unexpected source – a presale that sold out its first stage in under an hour. Best Wallet (BEST) has introduced its native token to the public for the first time. Packed with features and exclusive access for early adopters, this Web3 project may be primed to explode […] Source: https://news.bitcoin.com/is-this-the-next-100x-crypto-best-token-presale-off-to-strong-start/
Goldman Sachs to spin out crypto platform: Report
The investment bank is speaking to potential partners to add to the platform’s capabilities and develop new offerings. Source: https://cointelegraph.com/news/goldman-sachs-spin-out-crypto-platform-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MARA Plans $700 Million Convertible Notes Offering to Fund Bitcoin Purchase
MARA Holdings, Inc., a Nasdaq-listed bitcoin mining firm, has announced plans for a $700 million private offering of convertible senior notes due in 2030. MARA Holdings Proposes $700 Million Convertible Notes Offering MARA Holdings (Nasdaq: MARA) disclosed on Nov. 18 that the proposed offering is intended for qualified institutional buyers under Rule 144A of the […] Source: https://news.bitcoin.com/mara-plans-700-million-convertible-notes-offering-to-fund-bitcoin-purchase/
MicroStrategy Just Bought Another $4.6 Billion Worth of Bitcoin
MicroStrategy, a software firm founded by Michael Saylor, disclosed Monday morning that it has bought another 51,780 Bitcoin at an average price of $88,627, totaling $4.6 billion, according to an SEC filing. As he always does, the company’s Executive Chairman, Saylor, boasted about the purchase on Twitter by noting that the company’s holdings now total 331,200 Bitcoin. The software company’s…
Beyond schedules and time zones: Can TradFi keep up with the 24/7 crypto revolution?
By Thomas Perfumo, Kraken Head of Strategy The traditional finance (TradFi) world finds itself increasingly out of step with the 24/7 tradability of cryptocurrencies on venues like Kraken, forcing an ongoing reckoning: The need to reconcile clients’ growing desire for always-on trading with longstanding operational models. As crypto’s influence grows, it is clear TradFi must adapt as 24/7 trading becomes…
Microstrategy Buys 51,780 Bitcoin, Raising Holdings to 331,200 BTC as Saylor Prepares for $100K Party
Microstrategy’s massive $4.6 billion bitcoin buy pushes its holdings to 331,200 BTC, fueling bold predictions of $100K soon and a bull case of $49 million. Microstrategy Secures 51,780 BTC, Pushing Bitcoin Treasury Beyond $16 Billion Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) filed a report with the U.S. Securities and Exchange Commission (SEC) on Monday, […] Source: https://news.bitcoin.com/microstrategy-buys-51780-bitcoin-raising-holdings-to-331200-btc-as-saylor-prepares-for-100k-party/
Bitcoin price dips 3% as liquidity hunt follows $4.6B MicroStrategy buy
Bitcoin appears to react to news that MicroStrategy went on a giant BTC buying spree last week. Source: https://cointelegraph.com/news/bitcoin-price-dips-3-liquidity-hunt-4-6-b-microstrategy-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cardano-Bitcoin bridge may be first step to true Bitcoin DeFi
The new bridge lets users withdraw Bitcoin even if most Cardano nodes become malicious. Source: https://cointelegraph.com/news/cardano-bitcoin-bridge-btc-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum Technical Analysis: Ether Consolidation Hints at a Make-or-Break Moment
Ethereum’s price is holding steady in a key zone today, trading between $3,056 to $3,083 over the past hour. With a mix of neutral oscillators and mostly optimistic moving averages, the market sentiment seems divided, giving traders an essential moment to evaluate strategies across various timeframes. Ethereum Recently, ethereum (ETH) encountered a dip, finding support […] Source: https://news.bitcoin.com/ethereum-technical-analysis-ether-consolidation-hints-at-a-make-or-break-moment/