Donald Trump’s administration is expected to pursue executive orders on day one to push cryptocurrency forward, with potential plans for a national bitcoin reserve and expanded crypto banking access. Crypto Industry Prepares for Possible Day-One Executive Orders From Trump’s White House U.S. President-elect Donald Trump is expected to move swiftly on cryptocurrency initiatives, with industry […] Original
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. This edition examines the confusing agreement signed by El Salvador and the IMF and how Bukele’s actions might jeopardize the disbursement of $1.4 billion for the country. Latam Insights Encore: Bukele’s Bitcoin Gambit Might Put […] Original
Allo, a real-world assets tokenization platform, has secured $100 million in debt financing to bolster its Bitcoin-backed lending business. On Dec. 23, the Allo team announced the platform had successfully secured the Bitcoin (BTC)-backed credit facility in a financing round led by a consortium of lenders. These included London-based digital finance pioneer Greengage and an unnamed U.S.-based institution. Allo, which is seeing massive traction across the Bitcoin staking ecosystem and real-world assets tokenization on BNB Chain, will use the credit facility to boost its crypto-backed lending service. The platform caters…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Catzilla set to lead the top meme coins to surge if Bitcoin reaches $125,000. Bitcoin’s potential surge to $125,000 could set the stage for a massive rally among top meme coins. Leading this charge is Catzilla Coin, a new meme coin poised to make significant gains. Catzilla: The meme coin for crypto warriors In a financial world dominated by chaos, Catzilla emerges as a beacon of hope for meme…
Senator Ted Cruz, a staunch champion for crypto reaffirmed his support for bitcoin while speaking at the Turning Point Americafest Conference. In his words, “We are going to unleash crypto. I am proud to stand with bitcoin. I am the only member of the U.S. Senate who is a bitcoin miner. I’ve got three miners […] Original
Terawulf Inc., a bitcoin miner and digital infrastructure provider, has signed agreements to deliver over 70 megawatts of data center infrastructure to Core42, a subsidiary of G42 specializing in artificial intelligence (AI) and cloud services. Terawulf Secures Key AI Data Center Deal with G42’s Core42 The agreement will see Terawulf (Nasdaq: WULF) customize its Lake […] Original
Bitcoin (BTC) is fluctuating wildly between $92,500 to $94,000 range over the few hours, touching $92,800 earlier this morning, ahead of the largest bitcoin options expiry in history. Scheduled for this Friday, $14 billion in bitcoin options open interest (OI) is set to expire. $14 Billion BTC Options Expiry Looms: A Game-Changer for 2024? In […] Original
Bitcoin’s value slid early Monday, dipping beneath the $94,000 mark. In the past 24 hours, a combined $271.22 million in crypto positions—both short and long—have been cleared out. Bitcoin Slides Into the Red—South Korea’s Premium Returns The leading digital asset, bitcoin (BTC), has dropped 2.1% against the U.S. dollar as of Dec. 23, marking an […] Original
MicroStrategy extended its weekly Bitcoin buying spree for the seventh consecutive time, solidifying its position as the largest corporate Bitcoin holder with nearly $45 billion in assets. Michael Saylor, MicroStrategy executive chairman, announced the company bought 5,262 Bitcoin (BTC) for $561 million at an average price of $106,662 before the recent market correction. The Virginia-based software company now holds 444,262 BTC, reinforcing its lead as the top institutional Bitcoin holder. With an initial investment of $27.7 billion, MicroStrategy recorded nearly $15 billion in unrealized profits at the time of writing,…
The business intelligence firm Microstrategy has added more to its bitcoin (BTC) holdings, according to a recent post on X by company founder Michael Saylor. Microstrategy Ramps up Bitcoin Reserves In a post shared Sunday evening, Saylor hinted at the acquisition. He followed up on Monday, Dec. 23, with another X post, detailing the latest […] Original