Tag: finance

news-12112024-035421

Digital Asset Investment Platform Proposed by Russia for Emerging Markets

Russian President Vladimir Putin recently put forth a proposal to create a digital asset investment platform within the BRICS bloc. This platform aims to enhance investment opportunities in emerging markets, particularly in South Asia,...
news-12112024-035344

Bitcoin ETFs to Surpass Gold ETFs in 2 Months

US-traded spot Bitcoin exchange-traded funds (ETFs) are rapidly gaining ground and are expected to surpass gold ETFs in terms of total assets under management (AUM) within the next two months. As of November 11,...
news-11112024-215405

MicroStrategy Acquires 27,200 BTC for $2B; Bitcoin Profits Reach $11B

MicroStrategy, led by Michael Saylor, has made headlines once again by acquiring a substantial amount of Bitcoin. The company, known for being the largest corporate holder of Bitcoin, recently purchased an additional 27,200 BTC...
news-11112024-215333

Bitcoin Price Forecast: Will Record Rally Hit Roadblock at $90K-$100K Range?

As bitcoin's price continues to surge, there is a potential roadblock looming ahead as it approaches the $90,000 to $100,000 range. Market makers or dealers, responsible for providing liquidity in the order book, have...
news-11112024-215300

Coinbase Stock and App Rankings Surge with Crypto Market Rebound

Coinbase, the leading cryptocurrency trading platform in the United States, has experienced a significant increase in its stock value, surpassing $300 for the first time since November 2021. This surge, amounting to an 11%...
news-11112024-215229

Record $31.3B Inflows in Digital Asset Funds with Bitcoin Leading Charge

Digital asset funds have seen an incredible influx of $31.3 billion, setting a new record. The total assets under management globally have reached $116 billion, indicating a growing confidence in the market. CoinShares reported...
news-11112024-215154

Bhutan’s $1 Billion Bitcoin Reserve Sparks Speculation on National Adoption

Bhutan, a small Himalayan kingdom, has quietly amassed over $1 billion in Bitcoin reserves, making it a unique player in the world of sovereign wealth. The government-owned Druk Holdings reportedly holds more than 12,500...
news-11112024-154808

FTX Lawsuit Against Binance and Former CEO CZ for $1.8 Billion

Bankrupt crypto exchange FTX has taken legal action against rival Binance and former Binance CEO Changpeng "CZ" Zhao over an alleged fraudulent repurchase of shares by FTX's former CEO, Sam Bankman-Fried. Bankman-Fried negotiated to buy...
news-10112024-212643

Solana Surges to Nearly Three-Year High, Joins $100B Club

Solana's native cryptocurrency, SOL, reached a significant milestone recently, hitting a nearly three-year high of $212. This surge came as bitcoin also soared to new record prices, fueling a broader crypto rally following key...
news-10112024-152345

Bitcoin Hits Record High of $79K, Liquidates $280M in Bearish Bets

Bitcoin made history by surpassing the $79,000 mark for the first time, leading to a weekend pump that liquidated $280 million in bearish crypto trades. This surge occurred as BTC rose by 4%, marking...