Tag: Million

Dogecoin Whales Bought 210 million DOGE During Recent Correction – Bullish Signal?

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Este artículo también está disponible en español. Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market’s indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value. This pullback has left Dogecoin struggling to regain strength and find clear direction, creating uncertainty among retail investors. Related Reading Despite the retrace, on-chain data provides a promising signal for Dogecoin’s potential recovery. Metrics from Santiment reveal that Dogecoin whales took advantage of the recent dip, accumulating a staggering…

Luxor Technology Signs $131.4 Million Deal With Bitcoin Mining Rig Maker Microbt

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Luxor Technology Corporation has entered into a $131.4 million agreement with bitcoin mining device manufacturer Microbt. Bitcoin Mining Giants Luxor and Microbt Announce Partnership Luxor Technology Corporation‘s deal includes a confirmed purchase of Microbt’s Whatsminer application-specific integrated circuit (ASIC) bitcoin mining rigs worth $93.2 million and an option for an additional $38.2 million. These ASIC […] Original

Tether’s USDT Hits New High—330 Million Wallets And Counting

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As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small holders. Stablecoins are becoming more popular for a variety of financial transactions, including savings, remittances, and transactions, which is driving the rise. Unprecedented USDT Growth Among Small Holders According to Tether’s latest data, the number of wallets holding USDT has increased by 71% in just one year. This rise…

President Bukele Gets the Last Laugh: Over $300 Million in Unrealized Bitcoin Gains

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Bukele celebrated the recent bitcoin rally and the $100K milestone, posting a screenshot of El Salvador’s bitcoin investment unrealized gains. Fighting tooth and nail against naysayers, including institutions like the IMF, the leader brought in over $300 million in profits from one of the largest nation-state bitcoin trades. Bukele Shows El Salvador’s Bitcoin Wallet Profits: […] Original

Bitcoin Flash Crash Causes $710 Million In Crypto Long Liquidations

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Data shows the cryptocurrency derivatives market has suffered a massive amount of liquidations after the Bitcoin flash crash during the past 24 hours. Bitcoin Has Witnessed Significant Volatility During The Last Day BTC has displayed some wild price action in the past day, with both a high of $103,500 and a low $90,500 occurring inside a narrow window. The move to the latter level, in particular, was so sharp that it could only be described as a flash crash. Below is a chart that shows how the asset’s recent trajectory…

Bitcoin drop to $97k as the market liquidated $565 million

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Bitcoin shrank under the $100,000 psychological level after hitting a new all-time high yesterday; the Bitcoin market was liquidated to more than half of a billion dollars just in a day. The crypto market has seen massive market liquidations of up to $565 million on Bitcoin (BTC) alone, as the coin reached a new all-time high of $103,900 on Dec. 05. The total of the day’s market liquidations reached $1.09 billion, which was led by Bitcoin and followed by other crypto, including others’s $120 million, Ethereum (ETH) $107 million, and…

Bitcoin’s Road to $1 Million: The Seventh Wonder of the Financial World Makes History

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Bitcoin (BTC) continues its historic climb, trading at $103,232 and boasting a market capitalization of $2.039 trillion, a milestone that cements its place as the seventh most valuable asset globally. This surge places its market cap at approximately 11.34% of gold’s $17.972 trillion valuation, highlighting its growing influence in the financial ecosystem. Bitcoin Soars to […] Original

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