El Salvador has made headlines again as it celebrates Christmas 2024 by purchasing an additional 11 BTC, worth over $1 million, bringing the country’s total Bitcoin holdings to nearly 6,000 BTC. This move aligns with the nation’s long-standing commitment to Bitcoin, which has become a central part of its financial strategy, despite ongoing international scrutiny […]
Nokia has recently filed for a groundbreaking patent aimed at enhancing the encryption of digital assets, marking a significant step in securing cryptocurrencies and blockchain technology. The patent, titled “Device method and computer program,” was submitted to the National Intellectual Property Administration in June 2024 and received publication number CN 119155674 A. This development signals […]
Cardano founder Charles Hoskinson has recently praised Ripple’s Chief Technology Officer (CTO) David Schwartz, offering high praise for his leadership and Ripple’s resilience in the face of ongoing challenges. During a live stream, Hoskinson described Schwartz as “super smart” and “really passionate,” highlighting his ability to remain steadfast despite the challenges Ripple has faced, particularly […]
Metaplanet, a Tokyo-listed company, has made a significant move in the cryptocurrency space by acquiring nearly 620 Bitcoin in its latest purchase, marking the largest Bitcoin bet in the company’s history. This acquisition, valued at approximately 9.5 billion yen ($60.6 million), brings Metaplanet’s total Bitcoin holdings to 1,761.98 BTC. The company paid an average of […]
Pi Network’s founders have shared significant updates regarding the timeline and conditions for the upcoming launch of the Open Network, set to take place in the first quarter of 2025. Initially, the Pi Network team had hoped to launch the mainnet by the end of 2024, but they have now confirmed that this goal will […]
Bitcoin has shown remarkable growth throughout 2024, experiencing an impressive surge of 120%, far outpacing other popular assets like the Nasdaq 100 and the S&P 500. This performance has solidified its position as a dominant player in the cryptocurrency market. However, after reaching a historic high of $108,427, the price of Bitcoin recently retreated to […]
Changpeng Zhao, the founder of Binance, recently sparked a debate about cryptocurrency adoption in the UAE after sharing a claim that the country holds $40 billion in Bitcoin. The claim quickly caught the attention of industry observers, including crypto lawyer Irina Heaver, who questioned its authenticity. Heaver pointed out that the article Zhao shared appeared […]
Cardano’s Hydra Scaling Solution: The introduction of Hydra, Cardano’s latest scalability solution, has sparked a surge in ADA’s price, pushing it past the $1 mark. Hydra’s launch could be a game-changer, as it significantly boosts Cardano’s scalability, positioning it as a major competitor to Ethereum, especially in the decentralized application (dApp) space. Impact on Cardano […]
Chainlink (LINK), the leading decentralized oracle provider in the blockchain space, has recently formed a double-bottom pattern on its price chart, signaling a potential bullish reversal. The pattern, which emerged when the token bottomed at $20.12 on Friday, December 22, and rebounded to $22.50 by Sunday, December 24, suggests a possible recovery in the near […]
In recent years, Bitcoin has gained traction as a potential addition to corporate treasuries, touted as a “digital gold” with the ability to hedge against inflation and currency devaluation. As Bitcoin’s price continues to soar, it’s become an attractive asset for companies looking to diversify their financial strategies. However, while some large corporations like Microsoft […]