Bitcoin dropped from a price of $100,000 on Monday morning to below $95,000 by late afternoon, with a dip that rocked the crypto market and generated over $800 million in liquidations in less than an hour. While Bitcoin has recovered a fair bit since then, meme coins like Dogecoin and Shiba Inu are still showing significant damage, with the broader…
Some were frustrated that it took six months for the Milady Cult Coin (CULT) to launch onto Ethereum. But founder of Remilia Corporation, Charlotte Fang, claims that it was all part of the plan. They also teased future CULT airdrops and compared the project to a religion. “We waited for the right timing. You only get one chance to set…
Bitcoin mining companies have collectively raised an impressive $5.2 billion through convertible notes in recent months. Convertible Notes Remain a Key Funding Vehicle for Bitcoin Miners Bitcoin mining companies have turned to convertible notes in a bid to raise funding to acquire bitcoin and improve mining facilities. A report by The Minermag showed that since […] Source: https://news.bitcoin.com/bitcoin-mining-companies-raise-5-2-billion-via-convertible-notes/
The platform allows accredited investors to invest in Web3 startups via tokenized special-purpose vehicles. Source: https://cointelegraph.com/news/venture-firm-dna-launches-desk-tokenized-equity-startups?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose BTC and gold over debt assets. Source: https://cointelegraph.com/news/ray-dalio-supports-bitcoin-gold-debt-crisis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Abu Dhabi Global Market regulators have approved Tether’s USD₮ as an accepted virtual asset, opening the door to USDT financial services. Source: https://cointelegraph.com/news/abu-dhabi-approves-tether-usdt-stablecoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Richard Teng—the CEO of the world’s leading crypto exchange Binance—hinted at the trading platform weighing a return to the United States. Teng was asked if Binance would look for a way back into the United States or if it might consider launching its Binance USD (BUSD) stablecoin again during a recent Bloomberg interview. “Whether we re-enter the US market, I…
Following discussions about Google’s latest quantum computing chip, speculation is rife that Bitcoin’s days are numbered and its cryptography is at risk of being compromised. Google’s Willow Chip Launches Heated Bitcoin Discussions On Monday, the CEO of Google and its parent company, Alphabet Inc., Sundar Pichai shared an X thread introducing Willow, a cutting-edge quantum […] Source: https://news.bitcoin.com/can-bitcoin-be-broken-debates-ignite-as-googles-willow-chip-pushes-quantum-boundaries/
MicroStrategy’s stock premium has benefited from a virtuous cycle in the bull market. It will eventually reverse course. Source: https://cointelegraph.com/news/micro-strategy-will-eventually-unravel?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP’s 7-day loss reached 14%, while Cardano’s ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from its Monday peak of $2.61. The decline mirrored a broader market correction, as bitcoin (BTC) […] Source: https://news.bitcoin.com/crypto-volatility-strikes-xrp-ada-suffer-double-digit-losses-over-7-days/
