Author: boss

The Unexpected Deal Steve Jobs Offered U2 After Refusing to Hand Over Apple Shares – Bitcoin News

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Key Takeaways U2 sought Apple shares in 2004; Steve Jobs rejected equity and reshaped the deal. Apple’s 2004 iPod U2 Edition boosted sales, showing product-led marketing power. Jobs’ 2004 strategy still influences brand partnerships and celebrity tie-ins today. Back in 2004, U2 tried to trade star power for Apple stock. Steve Jobs said no, then flipped the pitch, persuading the band to front a campaign for free. The result was a black iPod with a red click wheel and U2’s signatures etched on the back, a limited edition that flew…

Strategy Sells Bitcoin For First Time Since 2022 Tax-Loss Trade

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Strategy sold a small portion of its Bitcoin holdings last week, marking the company’s first disclosed BTC sale since its December 2022 tax-loss harvesting transaction. The sale is notable less for its size than for what it signals: Strategy is now willing to use a sliver of its Bitcoin stack to service the preferred equity structure it has built around its balance sheet. According to a Form 8-K filed with the US Securities and Exchange Commission, Strategy sold 32 BTC between May 26 and May 31 for roughly $2.5 million.…

Toncoin to Rebrand to Original Name Gram

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The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper. “Gram was the original name of TON’s currency in the first white paper,” Telegram and TON founder Pavel Durov posted to Telegram on Monday. “We’re returning to our roots — and starting a new chapter.” The rebranding will “pave the way for what comes next,” and the transition will take around three weeks, he added.  The change revives the original token name…

Stellar (XLM) Tipped For Historic Breakout With $11 Price Calls: Analyst

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

XRP Price Slips Back Into Danger Territory With Bears In Control

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Sui Details Three Mainnet Outages After 1.72 Upgrade

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Weiss Crypto says Bitcoin may be approaching one of its strongest buying opportunities in years, with senior analyst Juan M. Villaverde arguing that a coming pullback could mark the final confirmation that the market’s bearish phase has ended. In a post on X, Weiss Crypto said its latest cycle analysis shows “exactly how low BTC could drop before this bear market ends” and why that could be “great news for the next leg up.” The comments came alongside a new video analysis from Villaverde, who said several of his macro,…

Radiant to Wind Down After Failing to Recover From 2024 Hack

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Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024. Radiant’s decentralized autonomous organization said in a blog post on Monday that its inability to recover the stolen funds, secure new capital and maintain a runway to continue operating responsibly forced it to wind down. It added on X that contributors and community members had helped maintain the protocol under “increasingly difficult conditions,” but it was not enough to…

Bitcoin Price Cracks Lower, Opening The Door To More Pain

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Bitcoin price started a fresh decline below the $72,500 zone. BTC is consolidating and might continue to move down if it dips below $70,500. Bitcoin failed to stay above $73,500 and extended losses. The price is trading below $72,500 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $73,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $72,500 and $73,500 levels. Bitcoin Price Takes A Hit…

Price Breaks Above $2 Following Telegram CEO’s Gram News

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Chainlink Sends A Rare Signal As 66% Of Exchange Supply Sits On Binance

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Chainlink is struggling below $10 as selling pressure and broader market uncertainty keep the price pinned beneath a resistance level that has capped every recovery attempt in recent weeks. The price action is frustrating — but data from analyst MorenoDV has identified a structural development in the exchange flow data that reframes what the current weakness is actually occurring against. Related Reading Binance currently custodies approximately 85.1 million LINK worth roughly $766 million — representing 66.4% of the 128.26 million LINK held across all exchanges combined. That concentration is the…