Day: December 9, 2024

PEPE Whales Increased Their Holdings By $1.4 Billion Yesterday – Details

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Este artículo también está disponible en español. PEPE has made headlines again, reaching a new all-time high of $0.000027 just a few hours ago. This milestone comes amid heightened market volatility, with the token showing massive gains as it outpaces many other assets in the crypto space. PEPE’s explosive price action attracts significant attention as retail and institutional investors flock to capitalize on the momentum. Related Reading: Dogecoin Sees Quiet Breakout As Data Signals Rally Continuation Recent metrics from IntoTheBlock reveal a striking trend: whales increased their PEPE holdings by…

Riot Platforms to Raise Funds for Bitcoin Acquisition

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Riot Platforms, Inc. announced a proposed $500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $500 Million Private Note Offering Riot Platforms, Inc. (Nasdaq: RIOT), a bitcoin mining company, disclosed plans for a $500 million private offering of convertible senior notes due 2030. The offering, subject to […] Original

Genius Group expands Bitcoin holdings to $18m in Bitcoin reserve

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Genius Group has significantly bolstered its Bitcoin treasury, acquiring 194 Bitcoin worth $18 million at an average price of $92,728 per Bitcoin. This move aligns with its “Bitcoin-first” strategy, which commits at least 90% of the company’s reserves to Bitcoin, with a target of $120 million in holdings, according to a company release.  Genius Group sees Bitcoin (BTC) which dedicates at least 90% of its reserves to Bitcoin, aiming for a total of $120 million in holdings. The initiative began in November with a $10 million Bitcoin purchase, followed by…

Shiba Inu Price Predictions for 2025—Can It Compete with Lightchain AI’s Blockchain Revolution?

When it comes to cryptocurrency, innovation is always the name of the game. And while memecoins like Shiba Inu ($SHIB) continue to captivate the imagination of casual crypto enthusiasts, groundbreaking projects like Lightchain AI are flipping the script on what blockchain can achieve. With Lightchain AI’s Presale now live (join here) offering a token price of just $0.003, investors are asking—can Shiba Inu’s community-driven popularity maintain its momentum, or will it face competition from Lightchain AI’s revolutionary Proof of Intelligence (PoI) and AI Virtual Machine (AIVM)? This blog dives deep into weekly…

Wyoming seeks developers for state-backed stablecoin

The State of Wyoming is hiring blockchain developers to support the creation of its government-issued stablecoin currency. The Wyoming Stable Token Commission has issued public Requests for Qualification to attract talent for its stablecoin initiative, known as “Project WYST.” Stablecoins are digital currencies that trade with 1:1 dollar parity, allowing users to deploy U.S. dollars in blockchain markets and decentralized finance venues. The sector has over $200 billion in circulation, and stabelcoins feature in most cryptocurrency transactions, according to the U.S. Treasury Department. Applicants have until Dec. 12 to submit…

Here’s What The 91-Day Pattern Says Could Happen Next

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Este artículo también está disponible en español. Crypto analyst Master Kenobi has again alluded to the 91-day pattern to provide insights into where the Dogecoin price could be headed next. The analyst suggested that things could turn out differently for DOGE as its price action hasn’t exactly followed this historical pattern.  What Next For The Dogecoin Price In an X post, Master Kenobi suggested that the 91-day sequence scenario may have been invalidated for the Dogecoin price. He explained that the chart had only touched the green trendline and failed…

Bitcoin hits $100K but these bullish cryptos promise 10,000% returns by next year

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin hits six digits, analysts predict lesser-known cryptos could skyrocket by next year, offering big opportunities. As Bitcoin surges into six-digit territory, the crypto market is abuzz with talk of lesser-known coins that could deliver astonishing gains. This article explores emerging digital currencies that analysts predict may skyrocket in value by next year. Dive into the world of these promising cryptos and discover why they might be the…

5 tokens set to outperform Bitcoin and Ethereum

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Five altcoins are set to challenge Bitcoin and Ethereum, potentially reshaping the crypto market landscape. A new surge in the cryptocurrency market is on the horizon. Five alternative coins are positioned to potentially surpass the performance of Bitcoin and Ethereum. This anticipated shift could redefine the digital currency landscape. What are these promising tokens, and what factors could drive them ahead of the market leaders? Explore the details to…

Riot pads Bitcoin trove with $500m note sale

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Bitcoin infrastructure firm Riot Platforms proposed issuing debt securities to fund BTC buys and finance “general corporate purposes.” Riot Platforms announced plans to offer $500 million in convertible senior notes through a private offering to accredited institutional buyers. Investors will also have an additional $75 million purchase option within three days of the initial investment. Convertible notes are debt instruments that allocate share rights to purchasers, allowing the option to convert notes into ownership units in a publicly traded entity. “Riot intends to use the net proceeds from this offering…