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MicroStrategy Now Holds $40 Billion in Bitcoinโ€”These Are Its Biggest Buys

How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how MicroStrategy made such massive gains.

Published on: December 11, 2024 | Source: Decrypt favicon Decrypt

Coinbase taps Chainlink to boost institutional crypto adoption in Abu Dhabi

Coinbaseโ€™s Project Diamond has adopted the Chainlink Standard to drive institutional adoption of digital assets, according to a Dec. 10 statement shared with CryptoSlate. Project Diamond, managed by Coinbase Asset Management, focuses on serving institutional users outside the US. It leverages a comprehensive infrastructure that includes Coinbase Prime custody, the Prime Onchain Wallet, the Project [โ€ฆ] The post Coinbase...

Published on: December 11, 2024 | Source: CryptoSlate favicon CryptoSlate

MARA Holdings buys another $1.1 BTC, hits industry-first 50 EH/s

MARA's shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Ripple secures NYDFS greenlight to launch RLUSD stablecoin

Ripple CEO Brad Garlinghouse said the firm has secured approval from the New York State Department of Financial Services (NYDFS) to launch its Ripple USD (RLUSD) stablecoin. Garlinhouse made the announcement in a Dec. 11 social media post and added that the token will be live soon. The NYDFS was initially slated toapprove the stablecoin [โ€ฆ] The post Ripple secures NYDFS greenlight to launch RLUSD stablecoin appeared...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Chinese Police Roll Out Nightmarish Crime-Fighting Robot

The RT-G robot by Shenzhen-based Logon Technology blends sci-fi aesthetics with lethal real-world applications.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Can Quantum Computers Break Bitcoin? Google's Latest Chip Sparks Fresh Debate

Google's new Willow quantum processor has reignited discussions around blockchain security and their ability to withstand rapid advancements.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Magic Eden Traders Rush to Claim Solana Token as Airdrop Value Tops $700 Million

Some ME claimants faced issues early on due to demand, but the token launch still substantially rewarded Magic Eden NFT marketplace users.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Eric Trump States Bitcoin Is the Ultimate Hedge for Real Estate Investors

Eric Trump highlights Bitcoin as a transformative asset for real estate investors, emphasizing its liquidity, portability, and potential to democratize wealth-building opportunities globally.

Published on: December 10, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

MicroStrategy (MSTR) Expected To Be Added To Nasdaq 100: Bloomberg

The official announcement will likely come this Friday, says Bloomberg.

Published on: December 10, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Italy drops plans to hike capital gains tax on crypto amid backlash, political division

Italyโ€™s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within the ruling coalition, Reuters reported on Dec. 11. The initial proposal, introduced as part of the 2025 budget, sought to raise the tax rate on crypto gains from 26% to 42%, a [โ€ฆ] The post Italy drops plans to hike capital gains tax on crypto amid backlash,...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Chainlink integrates with Coinbase tokenized assets platform

Chainlink will enable verifiable data transmission and crosschain interoperability for Coinbaseโ€™s Project Diamond.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Argentinaโ€™s Milei fires tax agency head over controversial tax on streamers

President Javier Milei has replaced the leadership of the countryโ€™s revenue agency following the introduction of a new tax regime targeting digital creators.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

VanEck projects sustained growth for Bitcoin as altcoin season index rises

VanEck believes the recent surge in the Altcoin Season Index, which jumped 53% in the past 30 days to 63 points, could signal upcoming gains for Bitcoin (BTC). According to the firmโ€™s head of digital assets research, Matthew Sigel, this level hashistorically preceded positive returns forBitcoin (BTC) across one-, three-, and six-month timeframes. The index [โ€ฆ] The post VanEck projects sustained growth for Bitcoin as...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Coinbase, Robinhood Users See Red as Dogwifhat Plunges $1.2 Billion in Three Days

The dog has a hatโ€”and two recent exchange listings. But Dogwifhat meme coin buyers on Coinbase and Robinhood saw new lows Tuesday.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Nevada adds blockchain security in wake of fake electors fiasco

The announcementโ€™s timing is noteworthy, with the 2024 US presidential race having finished a month prior.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Miner MARA Buys Another $1.1 Billion Worth of BTC

American Bitcoin miner MARA announced Tuesday that it bought 11,774 BTC for $1.1 billion, and now holds nearly $4 billion worth in total.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

NY regulator approves Rippleโ€™s RLUSD stablecoin โ€” Brad Garlinghouse

The Ripple CEO said the RLUSD listing would โ€œbe live soonโ€ on exchanges after the New York Department of Financial Services approved the stablecoin.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

JPMorgan raises price targets on Bitcoin mining stocks

The increases partly reflect a โ€œHODL premiumโ€ akin to MicroStrategyโ€™s, the analysts said.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote

Microsoft shareholders voted against the proposal to add Bitcoin (BTC) to its treasury in a preliminary vote conducted during the firmโ€™s annual meeting. The proposal, introduced by the think tank and shareholder National Center for Public Policy Research (NCPPR), involved Microsoft considering allocating 1% of its treasury to BTC, which is roughly $800 million per [โ€ฆ] The post Microsoft shareholders oppose Bitcoin...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

XRP Plunges Below $2 Mark as Bitcoin Tumbles Again

One week after surging to a seven-year high price of $2.82, XRP fell sharply Tuesday as Bitcoin and other assets dipped.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Bitcoin poised for โ€˜golden ageโ€™ in 2025 with $200k milestone projection โ€“ Bitwise

The crypto market is poised for a transformative year in 2025, with Bitcoin (BTC) projected to break $200,000, according to a recent Bitwise report. The report โ€” titled The Year Ahead: 10 Crypto Predictions for 2025 โ€” highlights the factors driving the industryโ€™s growth, including new regulatory clarity, institutional adoption, and technological innovation, which together [โ€ฆ] The post Bitcoin poised for โ€˜golden ageโ€™ in...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Dark money group tied to crypto tries to quash SEC nomination vote

The Cedar Innovation Foundation launched an attack ad ahead of a congressional committee vote on Caroline Crenshawโ€™s renomination as an SEC commissioner.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin is crashing, but options markets are calling for $111K BTC price by February

$2.9 billion in Bitcoin liquidations happened in December, but the flush out is preparing BTC for new highs.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift

Goldman Sachs CEO David Solomon said the firm might explore becoming a spot market maker spot market for Bitcoin (BTC) and Ethereum (ETH) if the regulatory environment in the US undergoes significant changes. Speaking at the Reuters Next event in New York, Solomon acknowledged that Goldman Sachs is currently unable to hold crypto due to [โ€ฆ] The post Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Microsoft Shareholders Vote Against Bitcoin Buying Proposal

Microsoft's board asked shareholders to vote against a proposed Bitcoin treasury strategy. On Tuesday, they followed suit.

Published on: December 10, 2024 | Source: Decrypt favicon Decrypt

Raydium beats Uniswap in monthly DEX volumes again

Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Eric Trump Confident Bitcoin Price Will Hit $1 Million

Eric Trump confidently predicts Bitcoin will reach $1 million, emphasizing its scarcity and global potential as early adopters stand to gain the most.

Published on: December 10, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

DWF Labs launches $20M fund to boost autonomous AI agents in Web3

DWF Labs, a prominent crypto market maker and investor, has unveiled a $20 million fund to foster the development of autonomous AI agents, according to a Dec. 10 statement. This initiative reflects the firmโ€™s dedication to fostering next-generation solutions in artificial intelligence and blockchain ecosystems. Andrei Grachev, DWF Labs Managing Partner, said: โ€œAutonomous AI agents [โ€ฆ] The post DWF Labs launches $20M...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

Why Bitcoin is the Most Islamic Money

A look at how Bitcoin complies with Islamic law regarding finance and money.

Published on: December 10, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Microsoft shareholders vote โ€˜noโ€™ on Bitcoin reserve

The companyโ€™s board opposed the resolution, citing Bitcoinโ€™s purported volatility as a negative factor.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Tetherโ€™s USDT stablecoin integrates into Abu Dhabiโ€™s financial ecosystem

Tetherโ€™s USDT stablecoin has been approved as an Accepted Virtual Asset (AVA) by the Abu Dhabi Global Market (ADGM), according to a Dec. 10 statement. The landmark decision, granted by the Financial Services Regulatory Authority (FSRA), allows licensed entities within the jurisdiction to offer services involving USDT under ADGMโ€™s regulatory framework. The approval marks a [โ€ฆ] The post Tetherโ€™s USDT stablecoin...

Published on: December 10, 2024 | Source: CryptoSlate favicon CryptoSlate

The Golden Ratio Multiplier Mathematically Reveals Next Bitcoin Price Target

The Golden Ratio Multiplier, a Bitcoin-specific indicator created by Philip Swift, highlights $100,000 as a critical resistance level. This analysis explores how Fibonacci multiples of the 350-day moving average provide key insights into Bitcoin's price cycles, with $127,000 emerging as the next major target if this barrier is broken.

Published on: December 10, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Judge cancels ex-Celsius exec sentencing after Alex Mashinsky plea deal

Former Celsius chief revenue officer Roni Cohen-Pavon pleaded guilty to US criminal charges in 2023 and has been allowed to travel to Israel on bail.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin finds willing dip-buyers after BTC price wicks to key $94K low

BTC price weakness spoils a rebound from local lows as Bitcoin institutions waste no time continuing to increase exposure.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph

Crypto.com taps Deutsche Bank for Asia-Pacific markets

The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.

Published on: December 10, 2024 | Source: Cointelegraph favicon Cointelegraph