Shiba Inu (SHIB) is showing strong signs of a potential bullish breakout as a combination of factors push its price higher. On November 19, 2024, SHIB’s price stood at $0.000026, a notable rise from its previous low of $0.0000246. This price movement reflects a 142% rebound from its August lows. A significant catalyst for this […]

Marathon Digital Holdings, a prominent player in the Bitcoin mining industry, has recently decided to upsized its convertible note offering to $850 million, up from the initial $700 million. This strategic move highlights the company’s ongoing commitment to expanding its Bitcoin holdings, a crucial part of its business model. The company plans to use the […]

Metaplanet, a publicly listed Japanese firm, has significantly increased its Bitcoin holdings, now surpassing 1,100 BTC. On November 19, 2024, the company revealed that it had acquired an additional 124.117 Bitcoin, valued at approximately 1.75 billion yen, or $11.33 million, as part of its ongoing strategy to diversify its reserve assets by investing in Bitcoin. […]

Bitcoin, the world’s largest cryptocurrency, is projected to reach $200,000 by the end of 2025, according to Bernstein Research. This price target has been revised upwards from the previous estimate of $150,000 in 2024. The forecast comes amid a backdrop of several significant factors that are expected to drive Bitcoin’s price growth, including the 2024 […]

MicroStrategy, a publicly traded business intelligence and software company, has made a significant move to expand its Bitcoin holdings. The company announced it is raising $1.75 billion through the private offering of convertible senior notes. This new round of funding will be used primarily for acquiring additional Bitcoin, further solidifying MicroStrategy’s position as the largest […]

Tesla CEO and X (formerly Twitter) owner Elon Musk has confirmed his ownership of a significant amount of Dogecoin (DOGE), the meme-inspired cryptocurrency that has captivated the crypto community for years. An audio recording recently surfaced, where a voice resembling Musk’s claimed he holds “a bunch of Dogecoin.” The clip also mentioned that Tesla, the […]

Semler Scientific, a healthcare-focused company known for its medical equipment and diagnostic solutions, has significantly increased its Bitcoin holdings, now totaling $114 million. The move is part of its broader strategy to use Bitcoin as a reserve asset to hedge against inflation and market volatility. New Bitcoin Purchases and Strategy Between November 6 and November […]

Bit Digital, a Bitcoin mining firm based in New York, reported a significant revenue boost for Q3 2024, with a 96% year-over-year increase to $22.7 million. This growth was largely driven by the success of its high-performance computing (HPC) business, which was launched in the previous year. HPC Business Drives Strong Revenue Growth In its […]

Ripple (XRP) has been on an impressive rally, reaching $1 for the first time since 2021. The token has surged by over 220% from its 2022 low, pushing its market capitalization above $64 billion. This strong performance has sparked questions about whether Stellar Lumens (XLM), a cryptocurrency with a similar mission, could follow in XRP’s […]

MicroStrategy, the software development company led by Michael Saylor, has once again doubled down on its aggressive Bitcoin acquisition strategy. In its latest disclosure, the company revealed it had purchased an additional 51,780 BTC for a total of $4.6 billion, bringing its total Bitcoin holdings to over 331,200 BTC. The acquisition was made at an […]