Bitcoin mining company Marathon Digital Holdings (MARA) is issuing $850 million in convertible notes, with the option to expand to $1 billion, as part of plans to repurchase existing debt, acquire Bitcoin, and fund corporate initiatives amid a recovering crypto market. The Fort Lauderdale, Florida-based firm said Monday it plans to use $199 million of…
Advertisement     Bitcoin is currently valued at $91,800 and has risen by about 170%, defying most macroeconomic odds. Appearing on the business news channel CNBC, Fundstrat’s Head of Research, Tom Lee, confirmed that he does not doubt that with the same pace, BTC would “comfortably” be trading for over $100,000 by the close of 2024….
Metaplanet has announced the purchase of 124.117 bitcoin for a total of 1.75 billion yen. This brings the company’s total bitcoin holdings to 1,142.287 BTC, valued at around 11.372 billion yen (approximately $73 million). Metaplanet’s Stock Surges 15% According to a post on X, the new purchase was made at an average price of 14,099,600…
Bitcoin advocate Anthony Pompliano has called for the United States to allocate $250 billion for a Bitcoin Strategic Reserve. He proposed printing this amount and using it entirely to purchase Bitcoin as a financial safeguard against the devaluation of the dollar. This announcement comes as Bitcoin recently surged to an all-time high of over $94,000….
Key Takeaways Donald Trump has chosen Howard Lutnick, a pro-Bitcoin advocate, as his commerce secretary. Lutnick’s financial background and support for Bitcoin align with Trump’s pro-crypto stance, emphasizing global trade and blockchain innovation. Share this article President-elect Donald Trump has chosen Howard Lutnick, CEO of Cantor Fitzgerald, to serve as Commerce secretary, as announced in…
Crypto drainers face mounting pressure from law enforcement as investigators uncover deeper links between services like Inferno Drainer and high-profile attackers. Major cryptocurrency drainers like Inferno and Pink made headlines this year by announcing they were retiring — but victims continue to lose staggering sums. A crypto drainer typically tricks a user into connecting a…
The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter. Source link
US-based cryptocurrency exchange, Gemini has officially launched operations in France after securing a Virtual Asset Service Provider (VASP) registration earlier this year. Founded by the Winklevoss twins, Gemini’s expansion coincides with the European Union’s comprehensive Markets in Crypto-Assets (MiCA) regulatory framework, set to take full effect later this year Gemini crypto exchange expands into France…
Elixir and Securitize have partnered to unlock $1 billion in tokenized real-world assets (RWA) to DeFi. The platforms have launched DeFi vaults for BlackRock’s BUIDL fund, with Elixir’s decentralized dollar deUSD core to the project. Elixir, the network powering the decentralized yield-bearing synthetic dollar deUSD, has teamed up with BlackRock’s tokenization partner Securitize to launch…
Let’s get one thing out of the way – The United States already holds more bitcoin than any government in the world. Follow Rizzo on X. https://x.com/pete_rizzo_/ While this data is true, you wouldn’t exactly know this from the obscene amounts of FOMO being generated by industry lobbyists on social media. On X, BTC Inc…