PRESS RELEASE. Stacknova eliminates these obstacles with a transformative platform built on Stacks Layer 2 technology. Trustless smart contracts and scalable infrastructure extend Bitcoin’s capabilities without compromising its core principles. Recent innovations like the Nakamoto upgrade further enhance transaction speeds and introduce Bitcoin-pegged assets like sBTC, unlocking liquidity and enabling Bitcoin to function as a […] Original
Month: January 2025
NFT sales hit second-highest level of 2024 in December, data shows
Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month of 2024. This boost wrapped up a wild year for the NFT market, which saw a sharp recovery in the last quarter. CryptoSlam data shows that NFT sales for 2024 finished at $8.83 billion, surpassing 2023 by over $100 million. While the 1.1% growth might not seem huge, it highlights…
Bitcoin Gains Momentum, Approaching The $100,000 Benchmark With Strong Support
Este artículo también está disponible en español. Bitcoin is capturing global attention as its price surges toward the monumental $100,000 mark, a level that holds psychological and technical significance in the cryptocurrency market. This move is backed by strong market support and rising optimism among institutional and retail investors. The current uptrend showcases Bitcoin’s resilience as key support levels have successfully absorbed selling pressure, paving the way for sustained bullish momentum. Analysts suggest that the ongoing rally could redefine market dynamics, potentially attracting a new wave of capital and solidifying…
Saylor’s Bitcoin Empire Grows: $101M Purchase Adds 1,070 BTC to Vault
On Mon., Jan. 6, 2025, business intelligence firm Microstrategy unveiled its latest acquisition: 1,070 BTC for approximately $101 million. This purchase elevates the company’s holdings to a monumental 447,470 BTC. Michael Saylor, Microstrategy’s founder, had hinted at the move the previous afternoon, cryptically noting, “Something about Saylortracker.com is not right.” Saylor has made a habit […] Original
XRP Eyes $11, But a Correction Might Come First: Analyst
Este artículo también está disponible en español. XRP, the cryptocurrency behind Ripple, has been a hot topic lately, with analysts predicting a possible price increase to $11. However, before this can happen, XRP has to face a significant challenge: a short-term price correction. Despite the positive long-term view, the asset is expected to face a pullback before any meaningful rally can take place. Resistance at $2.73 is currently the key level XRP must overcome for further price movement. Crypto analyst Ali Martinez sees this resistance as crucial for the maintenance…
The Overture to 2025 Strikes a Familiar Chord
By Omkar Godbole (All times ET unless indicated otherwise) The overture to 2025 has a familiar tune. It’s not just the numbers: Bitcoin’s 8% recovery from late December, but the news flow is equally recognizable. Perhaps the most important note comes from JPMorgan, which says the market forces that drove bitcoin and gold to records last year are still around. “The debasement trade is here to stay, with both gold and Bitcoin becoming increasingly important components of investors’ portfolios,” the investment bank wrote. The debasement trade is a strategy where…
Once again, Bitcoin beat the S&P 500 in yearly growth. Is it time to trade the index for crypto?
2024 saw Bitcoin growing by 111%. One of the safest indexes, the S&P 500, showed 24% growth in 2024. Is Bitcoin a more adventurous investment? There are different takes on this claim. A quick look at the annual performance of the S&P 500 and Bitcoin in the last decade The S&P 500 is a stock market index tracking 500 companies with the best performance on the U.S. stock market. These companies normally aggregate around ⅘ of the U.S. companies’ market capitalization. Nvidia, Apple, Microsoft, Meta Platforms, Berkshire Hathaway and other…
Ramaswamy’s Strive targets Bitcoin-linked corporate bonds in new ETF plan
Vivek Ramaswamy’s Strive Asset Management plans to target Bitcoin-linked corporate bonds with its new exchange-traded fund. Strive Asset Management, an asset and wealth manager founded by Vivek Ramaswamy, plans to launch a new exchange-traded fund that will invest in bonds issued by companies to fund Bitcoin (BTC) purchases, the Financial Times reports, citing a regulatory filing. The fund, called the Strive Bitcoin Bond ETF, has been registered with the U.S. Securities and Exchange Commission. Per the regulatory filing, the ETF will actively invest in bonds and use derivatives like swaps…
Bitcoin Forms First Daily Death Cross On Dominance Chart In 4 Years, What To Expect Next
Este artículo también está disponible en español. Recent crypto market dynamics in the past four days have seen the return of bullish momentum into many cryptocurrencies, with the Bitcoin price leading the charge. Interestingly, this has led to the projection of looming gains in many altcoins, and technicals suggest an altcoin season might be rolling into place. Crypto analyst Kevin (@Kev_Capital_TA) recently drew attention to a significant development of a daily death cross in Bitcoin’s dominance. This rare occurrence could mark a shift in cryptocurrency investments in the coming months…
Bitcoin Miner MARA Holdings Is Lending 7,377 BTC to Help Offset Costs
MARA Holdings (MARA), the largest bitcoin (BTC) miner by market capitalization, said it is lending 7,377 BTC to third parties to generate a return on its holdings and cover some operating costs. In a production report released Friday, MARA did not identify the borrowers nor reveal other details regarding the program, which ties up about 16% of its bitcoin. Robert Samuels, the company’s vice president of investor relations, said in a post on X that it is earning a yield of less than 10%. “There has been significant interest in…