This week’s Crypto Biz also explores Microsoft’s board’s stance on Bitcoin, JPMorgan’s revision of mining stocks, MARA’s new BTC purchase and upcoming listings of crypto firms. Source: https://cointelegraph.com/news/crypto-biz-binance-seals-usdc-ties-year-after-busd-exit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: December 2024
Sui blockchain partners with Ant Digital on tokenized ESG assets
A branch of China’s Ant Group and Sui will provide a Chinese solar material manufacturer with greater exposure with tokenized assets available onchain. Source: https://cointelegraph.com/news/sui-ant-digital-tokenized-esg-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s $19.8B options expiry is coming up — What does it mean for BTC price?
A massive $19.8 billion Bitcoin options expiry takes place on Dec. 27. Are bulls or bears better positioned? Source: https://cointelegraph.com/news/bitcoin-s-19-8-b-options-expiry-is-coming-up-what-does-it-mean-for-btc-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Set to Reach $160,000 in 2025, According to Matrixport Report
The report notes bitcoin’s integration into diversified portfolios with a recommendation to allocate 1.55% for optimal diversification and portfolio stability. Bitcoin 2025 Target: $160,000 Matrixport, an all-in-one hub for crypto financial services in Asia has predicted bitcoin to hit $160,000 in 2025. This is according to its bitcoin 2025 target report released on Friday, Dec. […] Source: https://news.bitcoin.com/bitcoin-set-to-reach-160000-in-2025-according-to-matrixport-report/
DGbet: A Web3 Sportsbook Where Winning Is Rewarded
PRESS RELEASE. One of the most significant challenges faced by bettors in the sportsbook industry is being banned or limited for achieving substantial wins. At DGbet, winners are celebrated rather than penalized. DGbet serves as a leading decentralized, non-custodial, and fully on-chain prediction market platform. Unlike traditional bookmakers that require trust and the deposit of […] Source: https://news.bitcoin.com/dgbet-a-web3-sportsbook-where-winning-is-rewarded/
Bitcoin price 2025 cycle target ‘minimum’ starts at $175K — Analyst
Analysts say Bitcoin’s 2025 cycle target begins at $175,000 and could extend above $461,000. Source: https://cointelegraph.com/news/bitcoin-price-2025-cycle-target-minimum-starts-at-175-k-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Off the Grid’ Game Studio Launches GUNZ Foundation With Delphi, Paving Way for Token
Gunzilla Games, the creator of popular crypto battle royale shooter Off the Grid, has partnered with investment firm Delphi Ventures to form the not-for-profit GUNZ Foundation, which will oversee the upcoming GUN token and GUNZ mainnet launch on the Avalanche blockchain. Off the Grid entered public early access in October to rave reviews from players, with a flurry of clips…
Bit Global Files $1 Billion Lawsuit Against Coinbase Over WBTC Delisting
Bit Global has filed a $1 billion lawsuit against Coinbase, alleging anticompetitive practices following the delisting of the wrapped Bitcoin token (WBTC) from the exchange. The lawsuit, filed in the U.S. District Court for the Northern District of California, accuses Coinbase of exploiting its dominant position in the market to favor its own product, cbBTC. […] Source: https://news.bitcoin.com/bit-global-files-1-billion-lawsuit-against-coinbase-over-wbtc-delisting/
Market structure bill on agenda in first 100 days — Rep. French Hill
The FIT21 market structure bill passed the House of Representatives in May 2024 with bipartisan support by a 278-136 margin. Source: https://cointelegraph.com/news/market-structure-bill-agenda-first-100-days-rep-french-hill?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
PENGU: Everything You Need to Know About the Pudgy Penguins Solana Token and Airdrop
After amassing more than 50 billion social media views and placing toys on shelves in Walmart and Target stores across the country, Ethereum NFT project Pudgy Penguins is launching a token. The news sent the Pudgy Penguins floor price skyward, breaching $100,000 and becoming the second largest profile picture (PFP) project in all of NFTs. “A founder’s job in crypto…