Tag: Business

news-19112024-220824

BlackRock Backs US Bitcoin Reserve Amid Executive Order Speculations

BlackRock, the world's largest asset manager, is showing support for the creation of a US Strategic Bitcoin Reserve as state governments and the Trump administration move forward with plans to establish this digital asset...
news-19112024-220751

IBIT Options Trading Volume Hits $1.6 Billion by Mid-Day

Options trading for IBIT, the iShares Bitcoin Trust ETF, kicked off on November 19 at Nasdaq and quickly gained momentum. The trading volume surged to $446 million in the opening hours, with a significant...
news-19112024-161154

Gemini Launches in France Ahead of MiCA Regulation: What You Need to Know

Gemini, a popular cryptocurrency exchange, has recently launched its services in France, allowing users in the country to deposit, trade, and store digital assets. This move comes just ahead of the implementation of the...
news-19112024-161123

MARA Holdings Increases Convertible Notes Offering by $150M to Meet Investor Demand

MARA Holdings has recently announced an increase in its convertible notes offering from $700 million to $850 million. This decision was made to meet the high demand from investors interested in the zero-coupon convertible...
news-19112024-160713

Marathon Digital Increases Debt Offering to $1 Billion for Bitcoin Expansion

Marathon Digital, a company that mines Bitcoin and is listed on the Nasdaq, announced that it is increasing its debt offering to $1 billion. The offering, which will mature in 2030, initially aimed to...
news-19112024-160640

Jason Lowery: White House Bitcoin National Security Advisor

Jason Lowery, a major in the U.S. Space Force, is making waves in the world of national security by advocating for the integration of Bitcoin's Proof-of-Work (PoW) technology into defense strategies. Lowery recently announced...
news-19112024-101003

MicroStrategy Acquires 51,780 Bitcoin for $4.6B in Major Investment Move

MicroStrategy, a company focused on Bitcoin development, recently made a significant investment move by acquiring 51,780 Bitcoin for $4.6 billion within a six-day period. This purchase adds to the company's existing Bitcoin stack, bringing...
news-19112024-100932

Bitcoin Price Prediction: Traders Believe $100K Target Achievable, But Potential Blow-Off Top Warning Ahead

Bitcoin has been making headlines recently as traders and investors are eyeing a potential price surge to $100,000. This optimism has been fueled by anticipated changes in U.S. regulations and increased institutional adoption of...
news-19112024-100502

Bitcoin Surpasses Silver in Market Cap, Solidifying Its Status as a Mainstream Financial Asset

Bitcoin has made a significant milestone by surpassing the market cap of silver, solidifying its status as a mainstream financial asset. The latest "Bitfinex Alpha" report revealed that Bitcoin reached a new all-time high...
news-19112024-100431

Binance Introduces BFUSD Stablecoin with 20% APY Yield

Binance recently announced the launch of a new yield-bearing stablecoin called BFUSD, offering users an annual percentage yield (APY) of approximately 19.55%. This allows traders to earn daily rewards by holding BFUSD in their...