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Bitcoin
Microstrategy’s Bitcoin Investment Flourishes, Netting $1.6 Billion Profit
Recent statistics reveal that Microstrategy, a company known for its business intelligence, mobile software, and cloud services, has seen a significant increase of over 30% in its bitcoin investments. The company invested a total of $5.314…
Bitcoin Breaks $40K Barrier — Highest Value in Nearly Two Years
On Sunday, December 3, 2023, bitcoin’s value surged past the $40K mark, peaking at $40,846 at 8:45 p.m. Eastern Time. Over the past week, bitcoin has witnessed an 8.4% increase and a 3% rise in the past 24 hours, achieving a peak…
Platypus Exploiters Acquitted of Wrongdoing in Landmark Case
Mohammed and Benamar M., two brothers accused of exploiting Platypus, an avalanche-based automated market maker (AMM) platform, were acquitted of any criminal wrongdoing in a landmark case for French justice. The judge in charge stated that…
Bitcoin Sails Past $41K as Crypto Market Recovers to Pre-Terra Levels
The price of bitcoin hit $40,000 on Sunday for the first time in 18 months, while ether rose past $2,200.
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected…
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming…
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring…
Value Locked in Defi Nears $50B With 34.40% Surge in 46 Days, Led by Top Protocols
The total value locked (TVL) in decentralized finance (defi) is on the brink of surpassing the $50 billion threshold, standing at $48.91 billion currently. This figure marks a significant rebound from the low of $36.39 billion recorded 46…
Trust Wallet and Alchemy Pay Partner for Seamless Crypto Ramp Solutions
PRESS RELEASE. Alchemy Pay, the leading fiat-crypto payment solution provider, has announced a new partnership with Trust Wallet, the leading self-custody and mutichain wallet with over 70 million users, enabling users to easily buy and…
South African Crypto Exchanges Revix and Bitfund Merge With Austrian Digital Asset Platform
Two South African crypto platforms and an Austria-based digital asset platform have joined forces to launch a new alternative investment platform called Altify. The goal of the new outfit is to enable South African investors, particularly…
Financial Advisors Are Waiting for Spot Bitcoin ETFs to Offer Clients, Says Ric Edelman
Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these…