Bitcoin is rewarding hodlers like never before as BTC price action trades just inches from $100,000 for a second week. Read More at https://cointelegraph.com/news/biggest-us-dollar-gains-ever-5-things-bitcoin-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: December 2024
Bitcoin ETFs hit $6.4B inflows in November amid record BTC rally
US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally. Read More at https://cointelegraph.com/news/bitcoin-etfs-november-2024-bull-run-inflows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DeFi on the way to having ‘bank-like’ financial products — Mercuryo CEO
Mercuryo CEO Petr Kozyakov said many consumer apps will emerge before widespread institutional adoption comes to DeFi. Read More at https://cointelegraph.com/news/mercuryo-ceo-ecosystem-program-defi-dapps?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Clipper DEX says recent $450K hack wasn’t caused by private key leak
A $450,000 hack on Clipper was likely from a withdrawal vulnerability, not a leak, the decentralized exchange has said. Read More at https://cointelegraph.com/news/clipper-dex-clarifies-hack-not-private-key-leak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin set for ‘insane long opportunities’ as it enters price discovery: Traders
Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader. Read More at https://cointelegraph.com/news/bitcoin-begun-price-discovery-stage-crypto-trader?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong gaming firm swaps $49M Ether in treasury for Bitcoin
With the latest acquisition, Boyaa Interactive has 3,183 Bitcoin in its stash, up from 2,635 at the end of September. Read More at https://cointelegraph.com/news/hong-kong-gaming-firm-swaps-out-eth-treasury-for-btc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Japan crypto exchange DMM Bitcoin is set to liquidate: Report
DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations. Read More at https://cointelegraph.com/news/japan-crypto-exchange-dmm-bitcoin-to-liquidate-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. Read More at https://cointelegraph.com/news/michael-saylor-tells-microsoft-it-could-grow-5-trillion-with-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Musk again asks to block OpenAI’s ‘illegal’ conversion to for-profit model
Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market. Read More at https://cointelegraph.com/news/musk-asks-court-block-openai-for-profit-model?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Analyst warns of ‘leverage driven’ XRP pump as token flips Tether
XRP could be in the midst of a “leverage-driven” pump as the price of the asset soars to reach new yearly highs. Read More at https://cointelegraph.com/news/analyst-warns-leverage-driven-xrp-pump-as-price-skyrockets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound