Bitcoin development company MicroStrategy has bought the top—again—spending over $1 billion on the biggest cryptocurrency ahead of its Monday plunge. The firm’s Bitcoin preacher, co-founder and Executive Chairman Michael Saylor, said Monday that the company had spent around $1.1 billion buying 10,107 Bitcoin at the average price of $105,596 per coin over the past week. Bitcoin is now trading for…
Founded by pseudonymous developers, Berachain has raised more than $100 million to help propel its novel EVM-identical, proof-of-liquidity blockchain. What started as an NFT project called Bit Bears has since blossomed into a burgeoning ecosystem, leading Framework Ventures co-founder Vance Spencer to describe the Berachain community as, “one of the most energized I’ve seen in all of crypto.” That rabid…
Bitcoin wastes little time with a relief bounce taking BTC price action back above $100,000. Source: https://cointelegraph.com/news/bitcoin-price-shakes-off-deepseek-stocks-dive-102k-returns?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NEW YORK, Jan. 25, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has quietly launched a groundbreaking $35M UNI AirDrop, allowing early participants to claim their tokens Before The Official Announcement debuts on X early Monday, January 27th. The announcement will be made via Uniswap’s official X page @Uniswap. While the news started to make waves…
Brian Armstrong is calling for regulatory flexibility as his exchange battles to keep up with a deluge of new altcoins. On X, formerly Twitter, the Coinbase CEO said about one million tokens are now launching each week, meaning “evaluating each one by one is no longer feasible.” Armstrong confirmed the platform is reviewing its listing process, which sees digital assets…
With $1.9 billion in inflows, Trump’s crypto executive order boosts investor confidence in digital assets. Positive Signal for Digital Assets with Almost $2 Billion in Inflows The total inflows into digital assets reached $1.858 billion over the past week, largely influenced by the recent executive orders by President Trump suggesting the creation of a strategic […] Source: https://news.bitcoin.com/coinshares-digital-assets-see-1-9-billion-inflow-as-investors-respond-to-trumps-executive-orders/
Chinese startup DeepSeek shocked the established AI industry by releasing a free, open-source model that can exceed the performance possible by OpenAI. And the company says it was developed at a fraction of the cost of its biggest competitor. This has led many to existentially philosophize about the future of the AI industry as we know it. In response, Nvidia’s…
We’re thrilled to announce that ACT, GRASS, and ZEREBRO are now available for trading on Kraken! Funding and trading Trading for ACT, GRASS, and ZEREBRO will be live as of 15:00 UTC today, Jan 27, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’. Make sure to deposit your…
An uneasy feeling about the current volume of crypto political spending is understandable. If you believe in the mission, it’s the price of survival. Source: https://cointelegraph.com/news/crypto-could-spend-even-more-on-lobbying?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Last week XRP replaced tether (USDT) as the third largest cryptocurrency by market cap. As Trump’s inauguration approaches, anticipation of a crypto-friendly agenda—including regulatory reforms and a potential Bitcoin reserve— reached a fever pitch. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the […] Source: https://news.bitcoin.com/all-eyes-were-on-bitcoin-and-xrp/
