Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin
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Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin

Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested a portion of its excess cash reserves in bitcoin. This strategic move aligns with the company’s […] Source: https://news.bitcoin.com/solidion-technology-allocates-60-of-its-cash-to-buying-bitcoin/

Ethereum Gains as $20 Million Worth of Shorts Get Liquidated
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Ethereum ETFs Are Thriving Amid ‘Overdue Excitement’ and Rising Optimism: Analysts

Ethereum ETFs are riding a wave of post-election momentum, reversing a tide of billions of dollars in outflows that had dampened investor enthusiasm when launched this summer. Cumulative net inflows for spot Ethereum ETFs flipped positive Tuesday, hitting $94 million, according to SoSo Value data. Representing the total amount of money that nine investment products for Ethereum have taken in…

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Crypto Biz: MicroStrategy’s Bitcoin bet swells

This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway. Source: https://cointelegraph.com/news/crypto-biz-microstrategy-bitcoin-bet-swells?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory
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Below Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory

At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs. Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks At […] Source: https://news.bitcoin.com/below-summit-levels-altcoins-dream-of-peaks-as-bitcoin-stays-close-to-glory/

Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips
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Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips

Ethereum meme coin Floki (FLOKI) is one of Friday’s big winners, surging on the back of Coinbase announcing that it has added the dog-themed coin to its listing roadmap. The token jumped to a five-month high price above $0.00027 after the news, rising 21% in less than an hour per data from CoinGecko. Overall, Floki—which was named after Elon Musk’s…

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FTX Targets Binance and CZ With $1.8 Billion Clawback
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FTX Targets Binance and CZ With $1.8 Billion Clawback

Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand and Michael […] Source: https://news.bitcoin.com/ftx-targets-binance-and-cz-with-1-8-billion-clawback/