Category Archives: Blockchain

Crypto.com launching Visa card in Latin America

Crypto.com launching Visa card in Latin America

Crypto.com has officially expanded its operations in Latin America by launching its highly anticipated Visa card program. This move brings the popular cryptocurrency-linked rewards card to a region that is witnessing an increasing appetite for digital assets and blockchain technology. As part of this expansion, Crypto.com is offering the Visa card to Latin American users, […]

Shiba Inu’s price is poised for a major surge as its token burn rate skyrockets by 940%.

Shiba Inu's price is poised for a major surge as its token burn rate skyrockets by 940%.

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 Increases Convertible Note Offering to $850 Million to Expand Bitcoin Holdings

Marathon Digital Holdings Increases Convertible Note Offering to $850 Million to Expand Bitcoin Holdings

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 Expands Bitcoin Holdings with $11.3 Million Purchase

Metaplanet Expands Bitcoin Holdings with $11.3 Million Purchase

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. […]

Bernstein Research forecasts that Bitcoin could reach $200,000 by 2025.

Bernstein Research forecasts that Bitcoin could reach $200,000 by 2025

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 Raises $1.75 Billion to Acquire More Bitcoin, Strengthening Its Position as the Largest Corporate Holder of the Cryptocurrency

MicroStrategy Raises $1.75 Billion to Acquire More Bitcoin, Strengthening Its Position as the Largest Corporate Holder of the Cryptocurrency

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 […]

Elon Musk Reveals He Owns “A Bunch of Dogecoin”

Elon Musk Reveals He Owns A Bunch of Dogecoin

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 Expands Bitcoin Holdings by 215 BTC, Raises $21.5 Million in Equity Offering

Semler Scientific Expands Bitcoin Holdings by 215 BTC, Raises $21.5 Million in Equity Offering

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’s Q3 Revenue Soars 96%, Driven by High-Performance Computing (HPC) Growth

Bit Digital’s Q3 Revenue Soars 96%, Driven by High-Performance Computing (HPC) Growth

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 […]

XRP Price Surges to $1: Will Stellar Lumens (XLM) Be Next?

XRP Price Surges to $1 Will Stellar Lumens (XLM) Be Next

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 […]