Tag: Million

Hut 8 Unveils $750 Million Initiative To Establish Strategic Bitcoin Reserve

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Este artículo también está disponible en español. Hut 8, one of the largest Bitcoin mining companies globally, has announced a significant strategic move aimed at creating a strategic Bitcoin reserve. The initiative, totaling $750 million includes a $500 million at-the-market (ATM) program and a $250 million stock buyback plan.  Hut 8’s Strategic Bitcoin Reserve Initiative Hut 8’s CEO, Asher Genoot, articulated the company’s vision, stating that the launch of the new ATM Program and Stock Repurchase Program has equipped the business with “two powerful tools” that he believes bolsters the…

Analysts say $300 in these 5 cryptos could bring $3 million gains by 2025

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Turn $300 into $3m by 2025 with top cryptocurrencies like CYBRO, as analysts forecast explosive growth. Imagine the possibility of turning a modest sum into a multimillion-dollar fortune within a few short years. Top cryptocurrency analysts suggest that investing just $300 in select digital currencies today could result in gains of up to $3 million by 2025.…

LBank Reaches 15 Million Users, Achieving New Milestone in Global Crypto Exchange

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On November 28, 2024, during the festive spirit of Thanksgiving, Eric He, LBank’s community angel officer and risk control adviser, announced on social media that LBank has officially reached 15 million registered users, and shared the thanksgiving for users’ support. Meanwhile, the LBank’s Gratitude Week is in full swing, inviting users to share their personal […] Source

Publicly Listed Chinese Firm SOS Commits $50 Million to Bitcoin Investment Amid Market Surge

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SOS Ltd., a company involved in blockchain operations and cryptocurrency, has announced plans to allocate $50 million toward the purchase of bitcoin (BTC). SOS Invests $50 Million in Bitcoin According to the announcement, the initiative aims to bolster the company’s blockchain strategy while leveraging the growing prominence of bitcoin as a digital asset. The decision […] Original

Justin Sun Joins Trump-Backed Crypto Project as Advisor After $30 Million Investment

Justin Sun deepens his involvement with World Liberty Financial by joining its advisory board after a strategic $30 million investment. World Financial Liberty Gets New Advisor Justin Sun, the founder of the Tron blockchain and a prominent figure in the cryptocurrency industry, has officially joined World Liberty Financial (WLFI) as an advisor. This was announced […] Source CryptoX Portal

Bitcoin Adoption Grows As Rumble Unveils $20 Million BTC Treasury Strategy

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Este artículo también está disponible en español. Bitcoin (BTC) corporate adoption continues to gain momentum as video-sharing and cloud services platform Rumble recently unveiled a BTC treasury strategy. This move aligns with a growing trend of corporations worldwide embracing Bitcoin as a strategic asset. Rumble Announces Bitcoin Treasury Strategy, Stock Rises The YouTube competitor is the latest company to join the Bitcoin bandwagon, as its Board of Directors approved a corporate treasury diversification strategy that allocates a portion of its excess cash reserves to BTC. Related Reading As part of…

Record-Breaking $15.5 Million Bug Bounty Launched for Uniswap Version 4

The largest decentralized exchange (dex) platform by volume, Uniswap, has unveiled a $15.5 million bug bounty program. Reportedly, it is the largest bug bounty in decentralized finance (defi) history, aimed at ensuring the security of its upcoming version four (v4) protocol. The announcement follows the Ethereum Foundation’s Attackathon, highlighting a growing focus on blockchain security. […] Source CryptoX Portal

Over $500 Million Liquidated As Bitcoin Slides To $92K

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In the last few days, there have been big changes in crypto land. In just 24 hours, more than $550 million was liquidated. When Bitcoin fell to its weekly low, it caused a flood of sell-offs that caused about 170,000 traders to lose money on their accounts. Related Reading Coinglass reports such tremendous losses to be placed at $118 million in BTC longs, $54 million in ETH longs, and even $25 million in Dogecoin long positions. This surge in liquidations, in conjunction with a decrease in market capitalization and trading…

Bitcoin drop, traders seen $553 million crypto liquidations

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Traders have witnessed a massive half-billion dollar amount of crypto liquidations in a day after Bitcoin dropped to its lowest price in the past week. According to Coinglass’s data on Nov. 25, crypto traders have seen massive liquidation of about $553 million in the past day of trading. Traders with long positions have liquidated $413 million as Bitcoin price dropped to $92k, decreasing almost 5% in a day. 1 Day BTC price chart, September 10 – November 26, 2024 | Source: crypto.news The long positions in the last 12 hours and 4…

Trump holds $7 million in crypto: Arkham Intelligence

Donald Trump, President-elect of the United States, revealed holds $7.2 million in many cryptocurrencies. This is another proof that he is a pro-crypto. According to data from Arkham Intelligence, on Nov. 25, the 47th President of the United States owned digital assets in cryptocurrencies worth about $7.2 million. He held $26 million in cryptocurrency on Jun. 6, but dropped just a few days after to $17 million. His most significant hold on crypto is meme coin Trog (TROG), with 210 billion coins equal to $1.86 million. At the time of…