Bitcoin ask liquidity waits at $95,000, but analysts are already anticipating six-figure BTC prices sooner rather than later. Source: https://cointelegraph.com/news/bitcoin-analysts-6-figures-btc-price-93-5-k-record?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category: News
Bitcoin’s Price Spike Awakens $190 Million From Dormant Wallets in Under 2 Weeks
On Nov. 1, 2024, bitcoin (BTC) was trading at $69,284 per coin, and since then, its price has climbed significantly. Alongside this climb, many sleeping bitcoins from past years have been stirred into activity. Bitcoin Boom Revives $190 Million This week, bitcoin hit a new peak at $93,483 per coin, and a wave of once-dormant […] Source: https://news.bitcoin.com/bitcoins-price-spike-awakens-190-million-from-dormant-wallets-in-under-2-weeks/
Three Arrows Capital seeks to increase claim against FTX to $1.5B
Three Arrows Capital liquidators seek to revise their claim against FTX from $120 million to $1.53 billion, citing improper liquidation of 3AC assets. Source: https://cointelegraph.com/news/3ac-liquidators-ftx-claim-bankruptcy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bengal man arrested in connection with $235M WazirX crypto heist
Delhi Police have made a breakthrough in the $235 million WazirX hack case, arresting a key suspect in West Bengal. Source: https://cointelegraph.com/news/delhi-police-arrest-wazirx-hacker-breach-investigation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Institutional investors signal long-term commitment to crypto
A recent survey shows institutional investors’ growing confidence in crypto, with many planning increased long-term allocations. Source: https://cointelegraph.com/news/institutional-investors-increase-crypto-allocations-sygnum-survey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Scammed: Korean Police Bust $232M Fraudulent Crypto Scheme, Youtube Star at Center
South Korean police arrested 215 individuals, including a Youtube influencer, for their role in perpetrating a $232 million crypto scam. 28 Fraudulent Digital Assets Issued The South Korean police recently arrested 215 individuals implicated in a virtual assets scam that fleeced approximately $232 million (325 billion won) from about 15,000 investors. Victims were entrapped by […] Source: https://news.bitcoin.com/scammed-korean-police-bust-232m-fraudulent-crypto-scheme-youtube-star-at-center/
Republicans Claim Victory in the House Boosting Hopes of Pro-Crypto Shift
The Republican Party has secured a majority in the U.S. House of Representatives, completing a sweep of the 2024 elections that saw Donald Trump return to the presidency and Republicans gain control of the Senate. A GOP victory raises optimism within the crypto industry, where participants anticipate a friendlier regulatory environment under the new administration. The House majority was solidified…
Miami Dolphins’ Odell Beckham Fades the Haters. ‘Who Said Taking My Salary in Bitcoin was Dumb?’
Odell Beckham Jr. is having the last laugh about his Bitcoin bet in 2021. The Miami Dolphins wide receiver took to social media Wednesday to remind everyone about his decision to receive his $750,000 Rams salary in Bitcoin three years ago. “Who said taking my Rams salary in Bitcoin was dumb again?” Beckham said Wednesday afternoon as Bitcoin traded above…
Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals
Mara Holdings continues to grow its bitcoin bag despite lower than projected Q3 earnings. Digital Assets Remain Key for Mara Holdings Mara Holdings’ earnings report revealed the company added 8,280 bitcoin to its already existing portfolio of 18,467 bitcoin in Q3. This raised its total bitcoin holding to 26,747 BTC. The latest addition to its […] Source: https://news.bitcoin.com/bitcoin-mining-company-mara-holdings-now-holds-26747-bitcoin-q3-earnings-report-reveals/
Pepe Slips Clinches Top 20 Spot, Outpaces Dogecoin in Weekly Gains
Meme coin PEPE has outperformed Dogecoin (DOGE) in weekly gains after major crypto exchanges announced plans to list the token as meme coins continue to swell on a Republican victory and a broader market rally. The announcement of Pepe’s listings sparked immediate market reactions. In just a few hours, the token’s market cap briefly surged past $10 billion, while Dogecoin’s…