[ad_1] On August 12, Marathon Digital Holdings announced a $250 million fundraising effort by issuing convertible senior notes. The company plans to use the proceeds to expand its Bitcoin holdings, signaling its continued commitment to cryptocurrency investment. Stock Market Response Lukewarm as Marathon Digital Unveils Bold Bitcoin Strategy In its official statement, the Nevada-based Bitcoin […]
[ad_1] TL;DR Tron (TRX) leads with 87% of investors currently in profit. Cardano (ADA) is on the opposite side, with most of its holders underwater. Bitcoin (BTC) is Among the Leaders The enhanced volatility of the cryptocurrency market has significantly affected investors in different digital assets. At the start of the week, prices were plummeting, […]
[ad_1] Former SEC Chief of Internet Enforcement John Reed Stark has stated that Morgan Stanley’s latest move to introduce a wide-scale offer of Bitcoin exchange-traded funds (ETFs) to its clientele will likely result in higher regulatory scrutiny for the American bank. This development comes amidst several commendations of Morgan Stanley from the crypto community in […]
[ad_1] Santa Monica, California, is making a significant push into the crypto industry with the launch of a dedicated Bitcoin office and plans for a Bitcoin festival by October. The City Council approved the Bitcoin Office on July 11, 2024, and its website went live on August 8, 2024. Santa Monica Positions Itself as Bitcoin […]
[ad_1] TL;DR Meme coins and Real World Assets (RWAs) have been top performers so far in 2024, with significant price increases. Bitcoin and Ethereum have also seen substantial gains, with BTC up 43% YTD. Memes and RWA Lead the Pack The cryptocurrency industry has experienced a significant revival since the beginning of 2024. Its global […]
[ad_1] Not many in the industry anticipated the Bitcoin crash last week or how far it will eventually go. However, crypto analyst Ali Martinez is one of the analysts who expected another crash, and had seemingly managed to predict where the price would eventually bottom. Following his correct prediction, Martinez has now revealed where he […]
[ad_1] According to Grayscale Research, Bitcoin might revisit its all-time high later this year if the U.S. economy avoids a recession. This optimistic outlook follows a period of stabilization in both crypto assets and broader financial markets, which had faced sharp declines from Friday, August 2, through Monday, August 5. Grayscale Predicts Bitcoin Rally In […]
[ad_1] With Bitcoin (BTC) witnessing new gains as its price recovers from bearish trends, Michael Saylor, co-founder and former Chief Executive Officer (CEO) of MicroStrategy, is reaping the benefits. Saylor has been a vocal supporter and investor of Bitcoin for years. As the value of the cryptocurrency surges, so does his considerable BTC stash. How […]
[ad_1] The International Monetary Fund (IMF) is in discussions with El Salvador to address the macroeconomic and financial risks associated with Bitcoin (BTC). These talks aim to create a complete plan to manage risks, ensuring El Salvador’s economy stays stable and grows while using Bitcoin as a legal tender. Fiscal Stability Focus: IMF’s Plan with […]
[ad_1] Bitcoin mining is not boiling the ocean, said Michael Saylor during the Aug. 7 interview on “Bloomberg Open Interest.” However, the asset sure is boiling the MicroStrategy founder’s blood for a future-proof finance platform. Bloomberg Television’s Sonali Basak asked the insatiable Bitcoin custodian, “Beyond MicroStrategy, how do you hold Bitcoin personally? Do you have […]
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