MicroStrategy, the business intelligence giant led by Michael Saylor, has further cemented its position as the largest corporate holder of Bitcoin with a new purchase of $1.5 billion worth of the cryptocurrency. The company now owns a total of 439,000 BTC, a move that has significantly boosted its holdings as Bitcoin continues its bull run. […]
Virtuals Protocol’s native token, VIRTUAL, has soared to new heights, achieving an all-time high of $2.96 on December 16. The surge comes amid a broader rise in interest surrounding artificial intelligence (AI) agents and the growing appeal of the metaverse, alongside Bitcoin’s recent surge past $106,000. VIRTUAL’s dramatic price increase reflects the growing momentum in […]
Crypto Exchange-Traded Products (ETPs) have experienced a significant surge in inflows, reaching a remarkable $44.5 billion in year-to-date (YTD) inflows, according to the latest weekly fund flows report by digital asset manager CoinShares. This marks a continued streak of positive inflows, extending to the 10th consecutive week. CoinShares reports that this surge in crypto ETPs […]
Ondo Finance (ONDO) has been making waves in the cryptocurrency market with an extraordinary rally that saw its price surge to an all-time high of $2.15 on December 16. This impressive growth, which marks a 327% increase from its low point in August, has garnered significant attention from investors and analysts alike. The rally has […]
MicroStrategy stock surged by 6.5% in pre-market trading on December 16, 2024, as cryptocurrencies, particularly Bitcoin, continue to see notable gains, with Bitcoin reaching a new all-time high. The rise in MicroStrategy’s stock price also comes as the company prepares for its inclusion in the prestigious Nasdaq-100 index. As of the pre-market surge, MicroStrategy’s stock […]
Fartcoin has recently gained significant attention in the meme coin market, flipping the market position of Goatseus Maximus (GOAT) as it continues its upward momentum in parallel with Bitcoin’s impressive new all-time high (ATH). Over the past 24 hours, Fartcoin has seen a substantial increase of 22%, and it has skyrocketed by a staggering 164% […]
Over the past week, there has been a notable surge in the movement of cryptocurrencies, with more than $300 million worth of tokens being bridged to the Solana blockchain. This includes over $200 million in Ethereum-based assets, as well as tokens from other major blockchains such as BNB Chain. Bridging refers to the process of […]
Solana has made a significant impact in the crypto market recently, emerging as the top blockchain in terms of daily net inflows, surpassing other prominent blockchains such as Sui, Base, Arbitrum, and Ethereum. On December 15, 2023, Solana achieved a remarkable $12 million in net inflows, placing it ahead of Arbitrum and Sui, which recorded […]
Justin Sun’s recent move to withdraw $209 million in Ethereum (ETH) from Lido Finance has sparked considerable attention and speculation about its potential impact on the Ethereum market. This withdrawal is part of a broader strategy where Sun accumulated 392,474 ETH at an average price of $3,027, now showing a profit of approximately $349 million. […]
David Schwartz, the Chief Technology Officer of Ripple, has issued a cautionary statement about the potential for price fluctuations and supply constraints for RLUSD, Ripple’s USD-pegged stablecoin, ahead of its launch. He advised investors to be cautious about succumbing to the fear of missing out (FOMO) on what is set to be a new addition […]