On Monday, while bitcoin (BTC) prices hovered between $92,850 and $93,150 over the last hour, Microstrategy founder Michael Saylor took to X to share that his firm snagged 2,138 BTC for $209 million at $97,837 each. Since 2020, Microstrategy has steadily accumulated bitcoin, making it the largest publicly traded company (excluding ETFs) to hold BTC […] Source: https://news.bitcoin.com/microstrategy-buys-2138-btc-saylors-billion-dollar-bet-shows-no-signs-of-slowing/
Month: December 2024
Meme Tokens Dominate: 9 of 2024’s Top 10 Crypto Gainers Are All About the Laughs
As 2024 winds down, the crypto economy has flourished, growing by an impressive $1.62 trillion in value over the year. Interestingly, nine of the top ten gainers for the year turned out to be meme tokens, with only one utility token breaking into the elite group. Meme Coins Take the Crown The crypto sector expanded […] Source: https://news.bitcoin.com/meme-tokens-dominate-9-of-2024s-top-10-crypto-gainers-are-all-about-the-laughs/
Vietnamese police foil $1M crypto scam, protect 300 potential victims
Vietnamese police thwarted a crypto scam that defrauded $1.17 million, saving 300 potential victims and uncovering fictitious tokens. Source: https://cointelegraph.com/news/vietnamese-police-prevent-crypto-scam-protect-300-victims?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Decentralized exchange volume hits record high of $462B in December
Uniswap remains the largest DEX by trading volume, recording $106 billion over the last 30 days. Source: https://cointelegraph.com/news/dex-all-time-high-monthly-volume-462-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitgo CEO Highlights Shift Toward Bitcoin Among Companies
Mike Belshe, CEO of Bitgo, a cryptocurrency services provider, has highlighted the growing interest among companies in adopting bitcoin as part of their reserve portfolios. Belshe remarked that the shift to a more favorable administration and the existence of ETFs have driven this change. Bitgo CEO Remarks on Change of Stance Regarding Bitcoin in the […] Source: https://news.bitcoin.com/bitgo-ceo-highlights-shift-toward-bitcoin-among-companies/
Fake Bitcoin ETF, Trump backs BTC: 7 memorable Crypto X moments in 2024
Cointelegraph recounts the most memorable moments on X this year which influenced crypto and crypto culture in 2024. Source: https://cointelegraph.com/news/most-memorable-crypto-tweets-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How to buy gold with Bitcoin in 2025
Want to buy gold with Bitcoin in 2025? Explore secure ways to transact, top platforms to use, tax considerations and tips to avoid common pitfalls. Source: https://cointelegraph.com/news/how-to-buy-gold-with-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Malaysia’s securities regulator orders Bybit to halt operations
Malaysia’s Securities Commission said that as of Dec. 27, Bybit complied with its demands to disable its platforms in the country. Source: https://cointelegraph.com/news/malaysia-securities-regulator-bybit-halt-operations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong legislator proposes adding Bitcoin to national reserves
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability. Source: https://cointelegraph.com/news/hong-kong-bitcoin-national-reserve-financial-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Market Cap to Reach 20% of Gold’s: Galaxy Research
Galaxy Research predicts a bullish year for Bitcoin in 2025, projecting prices to surpass $150,000 and potentially reach $185,000 in Q4. Bitcoin Market Cap to Reach 20% of Gold’s Galaxy Research, an arm of the digital asset management firm Galaxy, projects bitcoin (BTC) to surpass $150,000 in the first half of 2025 and may even […] Source: https://news.bitcoin.com/bitcoin-market-cap-to-reach-20-of-golds-galaxy-research/