Day: December 16, 2024

Riot upsized Bitcoin holdings by $69m

Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings. According to Securities and Exchange Commission filings, Riot Platforms bought 667 Bitcoin (BTC), increasing its total crypto holdings to 17,429 BTC. Riot acquired this tranche at an average price of $101,135 per coin, bringing the total value of its Bitcoin balance to nearly $2 billion at the December 16 peak price of $106,000. The company began mining Bitcoin in 2018 at its Oklahoma facility after shifting its corporate focus. Inspired by MicroStrategy Chairman…

Bitget secures Bitcoin service provider license in El Salvador

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Bitget announced they obtained a Bitcoin Service Provider license from El Salvador’s Central Reserve Bank.  The license allows Bitget to facilitate Bitcoin-to-fiat exchanges, Bitcoin (BTC) payments, and custody services in the country. With the BSP license, Bitget can now offer Bitcoin-focused services such as buying, selling, storing, and transferring BTC. This milestone is part of Bitget’s broader strategy to strengthen its regulatory standing and expand globally.  The company is also pursuing a Digital Assets Service Provider license from El Salvador’s National Commission of Digital Assets. This additional license would enable…

MicroStrategy registers new $1.5b Bitcoin buy

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Michael Saylor-led MicroStrategy has increased its total Bitcoin holdings to 439,000, strengthening its position as the top corporate BTC holder. Another week, another Saylor buy. On Dec. 16, MicroStrategy executive chairman Michael Saylor disclosed the firm’s latest Bitcoin (BTC) purchase, worth $1.5 billion for 15,350 BTC at an average price of $100,386, according to a regulatory filing. MicroStrategy’s entire Bitcoin stash is now valued at over $45 billion, as BTC reached a new all-time high of $106,000. Approximately $18 billion of this value represents unrealized profits, with the company’s initial…

Ex-Hedge Fund Guru Bets Big On Dogecoin As ‘Core Crypto Bet’

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Este artículo también está disponible en español. Raoul Pal, the former hedge fund manager who retired at the age of 36 and now serves as the co-founder of Real Vision, a prominent financial media company, has given an update on his crypto portfolio. In a post on X today, December 16, Pal unveiled his concentrated investment strategy, highlighting Dogecoin as a central component of his crypto portfolio. Raoul Pal Stills Bets Big On Dogecoin “I have concentrated bets. This is my watch list. I won’t be the best performer and…

Semler Scientific Acquires Another 211 Bitcoin for $21.5 Million, Raises Holdings to 2,084 BTC

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The addition of 211 bitcoin has seen Semler Scientific double its bitcoin balance in Q4 alone, raising its bitcoin yield to 92.8%. Semler Makes Another Addition to Growing BTC Balance Semler Scientific has announced another purchase of 211 bitcoin for $21.5 million. According to a Dec. 16 press release, Semler purchased the additional bitcoin with […] Original

VIRTUAL hits new all-time high amid 26% surge

The native token of Virtuals Protocol, the artificial intelligence and metaverse project that’s among hottest in the market amid rise of AI agents, rose to a new all-time high on Dec. 16. Virtuals Protocol (VIRTUAL) price hit $2.96 across major crypto exchanges to record a new all-time. The project, which offers an AI agent Launchpad on layer-2 platform Base, spiked as Bitcoin (BTC) smashed past $106,000. However, its gains came as the market continued to pay attention to AI-powered autonomous software. AI agents are the new buzz since Terminal of…

Microstrategy Snaps up 15,350 BTC, Pushing Its Bitcoin Stash to 439,000—Bull Run Incoming?

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Microstrategy’s $1.5 billion bitcoin buy boosts holdings to 439,000 BTC, with its top executive predicting bitcoin’s rise to an astonishing $13 million per coin. 15,350 BTC Acquired: Microstrategy Now Holds 439,000 Coins and Dominates Crypto Finance Bitcoin’s growing prominence as a transformative financial asset took center stage as Microstrategy Inc. (Nasdaq: MSTR) detailed its latest […] Original

FARTCOIN flips GOAT in meme coin wars as Bitcoin hits new ATH

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Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. Fartcoin price on Dec. 16, courtesy Coingecko. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.78 and is up nearly 22% in 24 hour trading. Fartcoin is a cryptocurrency that combines internet culture with cryptocurrency, focusing on humor rather than traditional financial utility. It allows users to engage in activities like submitting fart-themed memes or jokes to earn tokens.…