MicroStrategy's $1.1B Bitcoin Buy: Strategy and Impact
MicroStrategy purchased 18,000 Bitcoin for $1.1 billion the past month, increasing its total holdings to 244,800 BTC. The company's Bitcoin investment strategy has yielded a 17% return for shareholders in 2024.
Karim Noun
MicroStrategy purchased 18,000 Bitcoin for $1.1 billion the past month, increasing its total holdings to 244,800 BTC. The company's Bitcoin investment strategy has yielded a 17% return for shareholders in 2024
Circle relocates to New York City. Furthermore Jeremy Allaire predicts mainstream stablecoin adoption by 2025, signaling a positive shift in the overall industry's outlook.
Karim Noun
Circle relocates to New York City. Furthermore Jeremy Allaire predicts mainstream stablecoin adoption by 2025, signaling a positive shift in the overall industry's outlook.
Etoro Narrows Crypto Offerings Following SEC Settlement
Etoro settles with the SEC for $1.5 million and limits crypto trading to only three assets. The company remains optimistic about future regulatory clarity in the US crypto market.
Karim Noun
Etoro settles with the SEC for $1.5 million and limits crypto trading to only three assets. The company remains optimistic about future regulatory clarity in the US crypto market.
Presidential Debate Shakes Up Markets, Crypto Remains Unmentioned
The first Trump-Harris debate has influenced the shifts in the prediction markets where both candidates have the same odds. Bitcoin’s price was negatively affected after debate with a slight price drop, proving that crypto markets are vulnerable to political events.
Karim Noun
The first Trump-Harris debate has influenced the shifts in the prediction markets where both candidates have the same odds. Bitcoin’s price was negatively affected after debate with a slight price drop, proving that crypto markets are vulnerable to political events.
Crypto Market Pressures: ETF Outflows and Election Uncertainty
Explore how US elections, ETF outflows, and economic uncertainty are impacting crypto markets.
Karim Noun
Nansen's report highlights multiple factors pressuring crypto markets, including The upcoming US election uncertainty, increasing ETF outflows, and economic uncertainty. These challenges are contributing to a cautious market sentiment and prolonged consolidation.
Tether's Double Boost: Fighting Crime and Educating Users
Tether announces strategic partnerships in order to address USDT misuse and enhance crypto education amongst users. The company launches a crime-fighting unit with TRON and TRM Labs, and partners with Valora for stablecoin education in emerging markets.
Karim Noun
Tether announces strategic partnerships in order to address USDT misuse and enhance crypto education amongst users. The company launches a crime-fighting unit with TRON and TRM Labs, and partners with Valora for stablecoin education in emerging markets.
Bitcoin Hash Rate reaches an all time high despite market challenges, while traders show a drop in activity as BItcoin enters the Low-risk zone. Glassnode report highlights contrasting trends in mining resilience and trading behavior.
Karim Noun
Bitcoin Hash Rate reaches an all time high despite market challenges, while traders show a drop in activity as BItcoin enters the Low-risk zone. Glassnode report highlights contrasting trends in mining resilience and trading behavior.
Explore how Bitwise CIO Matt Hougan analyzes the rapid and increasing adoption of Bitcoin ETFs by investment advisors, making BlackRock's IBIT one of the fastest-growing funds in 2024 by Advisors.
Karim Noun
Bitwise CIO Matt Hougan, analyzes the rapid and increasing adoption of Bitcoin ETFs by investment advisors, making BlackRock's IBIT one of the fastest-growing funds in 2024 by Advisors.
Coinbase Market Share Dips as Smaller Exchanges Rise
Coinbase's market share falls from 53% to 41%, while smaller exchanges like Bullish are increasing their market share. However despite this decline in Coinbase market share, the top three US crypto exchanges remain dominant with nearly 90% of the market.
Karim Noun
Coinbase's market share falls from 53% to 41%, while smaller exchanges like Bullish are increasing their market share. However despite this decline in Coinbase market share, the top three US crypto exchanges remain dominant with nearly 90% of the market.
VanEck Transitions from Ethereum Futures to Spot ETF
Explore why VanEck announces the closure of its Ethereum futures ETF, EFUT, as the firm prioritizes its focus on spot Ethereum ETF, recently approved by the SEC.
Karim Noun
Explore why VanEck announces the closure of its Ethereum futures ETF, EFUT, as the firm prioritizes its focus on spot Ethereum ETF, recently approved by the SEC.