Solana’s rapid network growth and escalating on-chain activity have exceeded that of rival Ethereum in recent weeks, yet the token’s market value remains at a fraction of its rival’s. Hovering at around $100 billion, Solana’s (SOL) market capitalization is pegged at just 25% to Ethereum’s $391 billion. Some believe that could be about to change. The upstart has continued to…
Category: News
Robert Kiyosaki Reveals Plan to Stop Buying Bitcoin — Here’s the BTC Price to Watch
Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up. When to Stop Buying Bitcoin — Robert Kiyosaki Shares His Price Threshold Robert Kiyosaki, author of the financial classic Rich Dad Poor Dad, has shared his guidance on investing in bitcoin, including advice […] Source: https://news.bitcoin.com/robert-kiyosaki-reveals-plan-to-stop-buying-bitcoin-heres-the-btc-price-to-watch/
AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin. Source: https://cointelegraph.com/news/ai-firm-genius-group-adopts-bitcoin-treasury-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MARA Holdings falls 9% after-hours after Q3 revenue miss
Mara Holdings posted a net loss for Q3 and missed analyst revenue estimates despite mining more Bitcoin blocks and boosting its energized hashrate by 17%. Source: https://cointelegraph.com/news/bitcoin-miner-mara-falls-after-hours-q3-revenue-miss?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Bull Market Arrives: Analysts Say ‘Buy Everything You Can’
Bernstein analysts foresee a crypto bull market fueled by Trump’s pro-bitcoin stance, urging investors to seize this opportunity for gains, with a $200K bitcoin target by 2025. Bernstein Calls for Aggressive Crypto Investment Amid Pro-Bitcoin Policies Leading research and brokerage firm Bernstein, with analysts led by Gautam Chhugani, has issued a strong recommendation for cryptocurrency […] Source: https://news.bitcoin.com/crypto-bull-market-arrives-analysts-say-buy-everything-you-can/
Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during […] Source: https://news.bitcoin.com/blackrock-bitcoin-etf-overtakes-gold-trust-the-asset-world-shaken/
Bitfufu Secures $100 Million Credit Line From Antpool Technologies
Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency mining company entered into a two-year Master Loan Agreement (MLA) with Antpool Technologies. Under this arrangement, […] Source: https://news.bitcoin.com/bitfufu-secures-100-million-credit-line-from-antpool-technologies/
Trader who lost $26M to copy-paste error says it’s been ‘max pain’
A trader who lost $25 million after accidentally copying and pasting the wrong transfer address is offering a $2.5 million reward to white hackers in the hopes of getting their money back. Source: https://cointelegraph.com/news/trader-loses-26-million-copy-paste-error-max-pain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bybit’s Futures Volume Sees Notable Surge Amid Increased Institutional and Retail Interest
In the competitive crypto exchange landscape, Bybit reported a 61% increase in futures trading volume between September and October, reaching $639 billion, according to data provided by Wu Blockchain. Bybit Reports Strong Increase in Crypto Interest The Dubai exchange attributes this increase in volume to its new cryptocurrency listings, which included both popular new coins […] Source: https://news.bitcoin.com/bybits-futures-volume-sees-notable-surge-amid-increased-institutional-and-retail-interest/
Italy scales back plans to hike crypto tax rate: Report
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one. Source: https://cointelegraph.com/news/italy-stops-plans-crypto-tax-rate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound