Quick Overview Recent Transfer: Tesla shifted $765 million worth of Bitcoin to unknown wallets, sparking speculation. Past Influence: Tesla’s 2021 Bitcoin buy boosted its value, but the suspension of Bitcoin payments caused a dip. Current Holdings: Tesla holds significant Bitcoin, though it’s less than 1% of the company’s assets. Sell-Offs: Tesla sold a significant portion …
Tesla Moves $765M in Bitcoin: What’s Musk’s Next Play? Read More »
Quick Overview September Surge: Bitcoin is set to end September with a 9% gain, breaking its usual monthly loss trend. Bullish October: October has historically delivered solid gains for Bitcoin, averaging a 22% increase, adding to current optimism. Supportive Environment: Favourable global monetary policies and political support in the U.S. are bolstering Bitcoin’s momentum. Seasonal …
Bitcoin Surges 9% in September 2024, Aims for $70K Read More »
Key Points Crypto Market Crash: Bitcoin and other major cryptocurrencies plunged after Goldman Sachs’ warning, driving market sentiment into “extreme fear.” Market Value Decline: The crypto market dropped below $2 trillion, with Bitcoin nearing $50,000, heightening concerns over market stability. Economic Worries: Weak U.S. jobs data and fears over the economy have worsened market volatility, …
Bitcoin and Crypto Crash Amid Goldman Sachs Warning Read More »
Quick Look Fed Rate Pause: Bitcoin surged past $62,000 as the Fed signaled potential rate cuts, boosting risk assets. Political Impact: The upcoming U.S. election adds uncertainty and potential shifts in crypto regulations could influence Bitcoin’s trajectory. Labour Market Data: Revised weaker job data suggests the Fed might cut rates, further fueling Bitcoin’s rise. Sustained …
Bitcoin Surges Past $62,000 Mark Amid Fed Rate Pause Read More »
At A Glance Significant Earnings: Trump’s businesses generated over $700 million between January 2023 and mid-2024. Top Revenue Sources: His Miami-area golf club earned $160 million; Mar-a-Lago generated $56 million. Digital Ventures: Truth Social and NFTs brought in over $21 million combined. International Income: Trump earned millions from projects in Oman and Dubai, with more …
Trump’s Businesses Generate Over $700M Amid Legal Battles Read More »
Quick Overview Bitcoin Rebounds: After dropping below $50,000, Bitcoin surged 6% to $56,478.22, easing market concerns. Broader Market Impact: Ether rose 3%, and crypto stocks like Coinbase and MicroStrategy saw gains, reflecting market resilience. Volatility Drivers: Economic concerns, geopolitical tensions, and U.S. election uncertainty triggered Monday’s sell-off. Long-Term Outlook: Bitcoin and Ether show substantial yearly …
Quick Look: Dominance in TVL: Bitlayer leads with 31% of the sector’s TVL, totaling $391 million. Rapid Growth: Bitlayer’s assets surged tenfold in two months, surpassing Merlin. Financial Backing: Raised $11 million in Series A funding from Franklin Templeton. User Engagement: Successful campaigns like Racer Center rewards drive user loyalty. Bitcoin DeFi Decline: Bitcoin’s DeFi …
Bitlayer Dominates Bitcoin Layer 2 with $391M TVL Read More »
Quick Look: The U.S. SEC has approved spot ether ETFs, leading to a 1.3% rise in Ethereum’s price. As Ethereum’s native cryptocurrency, ether supports intelligent contracts and DeFi, drawing institutional and retail investors. Spot ether ETFs simplify ether investment, likened to gold’s role among precious metals. New ether ETFs won’t allow staking; however, leveraged ETFs …
Spot Ether ETFs Launch: Ethereum Price Rises 1.3% to $3,520 Read More »
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