The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that Goldman Sachs now owns $710 million in cryptocurrency assets. The 13F report is a mandatory […]
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Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin
Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested a portion of its excess cash reserves in bitcoin. This strategic move aligns with the company’s […]
Read MoreBelow Summit Levels: Altcoins Dream of Peaks as Bitcoin Stays Close to Glory
At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs. Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks At […]
Read MoreFTX Targets Binance and CZ With $1.8 Billion Clawback
Crypto mogul Changpeng Zhao—notoriously known as “CZ”—may be out of prison, but he’s not out of hot water yet. The bankruptcy estate of former-leviathan FTX has filed suit against Binance and its ex-CEO, CZ, seeking to recoup nearly $1.8 billion in allegedly fraudulent transfers. The following opinion editorial was written by Alex Forehand and Michael […]
Read MorePolymarket Turns Up the Heat: Millions Wagered on Paul vs. Tyson Bout
This evening at 8 p.m. ET, AT&T Stadium in Arlington, Texas, will host an electrifying boxing showdown: Mike Tyson, the legendary heavyweight, squares off against Jake Paul, the social media star turned professional fighter. Earlier in the day, Polymarket bettors are already placing their bets on the bout’s outcome. Paul vs. Tyson: Bettors Predict a […]
Read MoreHashkey CEO: Trump’s Crypto Push Could Force China to Pivot
Xiao Feng, CEO and Chairman of Hashkey, one of the few licensed crypto exchanges in Hong Kong, believes that Trump’s support for the cryptocurrency sector could accelerate a pivot from anti-crypto policies in China. Hashkey CEO: China Might Pivot Its Anti-Crypto Policies Following Trump’s Moves The recent endorsement of the cryptocurrency sector and bitcoin as […]
Read MoreMeme Coins Take 2024 by Storm: Sector Explodes With $93 Billion Growth
On Friday, the meme coin economy is down by 6.3% since yesterday with several of the top coins posting declines. Despite the drop, since the start of 2024, the meme coin sector has grown by $93.73 billion in value. Shocking Gains: Meme Coins Outpace Crypto Giants in 2024 Frenzy Meme coin assets have been a […]
Read MoreQCP Sees Bitcoin Momentum Pushing Toward $120K Despite Market Hazards
An analysis from QCP Capital highlights bitcoin’s latest breakout and future trends. QCP: Bitcoin’s Rally Tied to Inflation Data, Trump Policies, and Market Shifts Bitcoin (BTC) achieved a record high of $93.4K during the New York trading session, according to the market update from QCP Capital. QCP analysts noted that the rally occurred following U.S. […]
Read MoreHolders Less Likely to Sell Low Cap Meme Coins Knowing Binance, Coinbase Listings Could Happen – Could PEPU, STARS List Next?
As Binance welcomes obscure, lower-market-cap meme coins, the opportunity for everyday retail traders to make life-changing money is growing. Peanut the Squirrel and ACT I: The AI Prophecy were listed this week, but traders are now looking for what’s next, and Pepe Unchained and Crypto All-Stars keep coming up in conversation. Binance Listing Spree Injects […]
Read MoreAave Considers Partnership With Bitcoin-Based Spiderchain
Aave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network. Governance Proposal: Aave V3 Deployment on Spiderchain The governance proposal, authored by ACI, aims to integrate Aave V3 with Spiderchain, an Ethereum Virtual Machine (EVM)-compatible layer […]
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