According to on-chain analyst Yujin, the Cosmos Network developers transferred 295.3 Bitcoins. It is the first large-scale transfer to be seen in almost two years. At the current price of $94,410.82, 295.3 Bitcoins (BTC) stand at roughly $27.8 million. Yujin explained that some of the BTC sold in the recent dip are likely from the funds raised around the time of Cosmos’ Initial Coin Offering in 2017 when the project received high-value contributions in BTC and Ethereum (ETH). This new transfer is not the only one that Cosmos developers have…
Tag: Bitcoin
Day-1 Crypto Executive Orders? Bitcoin Bulls Brace for Trump’s Big Move
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
Metaplanet Bitcoin Reserves Grow With Fresh $61 Million Purchase
Este artículo también está disponible en español. Japan-based early-stage investment firm Metaplanet continues its Bitcoin (BTC) buying spree. The company announced today that it has purchased 619.7 BTC for $61 million – including fees and other expenses – making it the firm’s largest Bitcoin acquisition to date. Metaplanet Increases BTC Holdings To 1,762 The recent crypto market downturn from its all-time highs (ATH) does not appear to bother Metaplanet, as the Tokyo-listed firm made its largest BTC purchase to date, buying 619.7 BTC worth $ 61 million at an average…
Latam Insights Encore: El Salvador’s Confusing IMF Deal Might Be Foiled By Its Bitcoin Stance
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
5 meme coins to surge if Bitcoin reaches $125,000: Catzilla leads
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…
I am Proud to Stand With Bitcoin: Senator Ted Cruz
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
Bitcoin Miner Terawulf to Deliver 70 MW Data Center Infrastructure for AI Expansion
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
Max Pain—Largest Bitcoin Options Expiry in History to Conclude a Volatile Year
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 Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?
Este artículo también está disponible en español. A crypto analyst has shared a TD Sequential chart indicating that the Bitcoin price is flashing a major buy signal in the 4-hour time frame. This signal suggests that Bitcoin’s bearish momentum could be waning, making this a potentially critical moment to consider entering the market. Bitcoin Price TD Sequential Flashes Buy Signal A TD Sequential is a unique technical indicator that identifies trend exhaustion and price reversals and indicates buy or sell signals. According to an X (formerly Twitter) post by crypto…
MicroStrategy enlarges Bitcoin coffers by $561m
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,…