Crypto

MicroStrategy Outperforms Nike and IBM with $26 Billion Bitcoin Holdings

Bitcoin /

Soure: Brave New Coin Highlights: Business intelligence pioneer MicroStrategy holds a reserve of about $26 billion in Bitcoins. This exceeds the cash on hand of large companies such as Nike and IBM. This development marks a critical turning point in the mainstream corporations’ use of cryptocurrencies. MicroStrategy Bitcoin Holdings. Source: Saylortracker MicroStrategy’s Increasing Bitcoin Financial […]

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Poland’s Presidential Candidate Advocates for Bitcoin Reserve in Election Speech

Bitcoin, News /

Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve, citing inspiration from U.S. President Elect Donald Trump, who supported Bitcoin to garner electoral support. Sławomir Mentzen Member of the Sejm of the Republic of Poland (Source: TVP World Key Points: In his recent campaign for president, Slawomir Mentzen of Poland advocated for

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Michael Saylor Expects That Bitcoin Will Reach $100,000 By the End of the Year

Bitcoin /

Political changes, institutional support, and lower market risks are some of the reasons Michael Saylor believes Bitcoin might surpass $100,000 this year. Michael J. Saylor Former CEO of MicroStrategy (Source: CryptoNewsZ After a big surge earlier this week, Bitcoin witnessed a 1.5% decline in the last day, indicating profit-taking. The Bitcoin had surged above $93,000,

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Ripple CEO Brad Garlinghouse Admits to Conversations with Donald Trump amid SEC Battle

Crypto /

Source: TronWeekly During the Biden administration, Ripple, a major participant in the cryptocurrency space, has encountered numerous challenges. The company and the U.S. Securities and Exchange Commission (SEC) are currently at odds in court. The court’s decision that XRP is not a security is being appealed by the SEC. Recently, there has been conjecture that

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Re-elected President Donald Trump Appoints RFK Jr. to Head the Department of Health and Human Services

Crypto, News /

Robert Francis Kennedy Jr. (Source: BioPharma Dive President-elect Donald Trump’s most recent nominee has caused a fresh political shift in the US Bitcoin environment. Reports state that Trump selected Robert F. Kennedy (RFK) Jr., a supporter of Bitcoin, to be the Secretary of Health and Human Services (HHS). RFK Jr.’s Nomination: What Does It Mean

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Ethereum Whales Take Significant Actions: Over 10,000 Transactions Per Day

Crypto /

Source: GeeksforGeeks Highlights: According to IntoTheBlock, the number of large Ethereum transactions per day has surpassed 10,000, making this the highest amount since August. Ethereum whale activity has skyrocketed and gained significant attention. This behavior shows that large investors, or whales, are becoming more interested in Ethereum, particularly when they are transacting more than $100,000.

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Ripple CEO Explains the Cause of the XRP Price Increase

Crypto /

The CEO of Ripple attributes the 70% post-election spike in XRP to pro-crypto legislation, regulatory clarification, and Robinhood’s relisting of XRP. Source: The Market Periodical Ripple CEO Brad Garlinghouse has attributed the recent spike in XRP pricing to rising optimism for regulatory clarity in the United States. In an interview with FOX Business, Garlinghouse underlined

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Bitcoin Price Swings as Market Undergoes Economic Pressures

Bitcoin /

Source: Coin Edition Highlights: Bitcoin recently hit an all-time high of over $93,000. However, market investors are now concerned about today’s fall. What are the fundamental causes of this decrease? Fed Concerns and Macroeconomic Factors Source: Skilling.com Recent US inflation data has caused market confidence to wane. This week’s Consumer Price Index (CPI) was 2.6%,

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18 States File a Crypto Regulation Lawsuit Against Gary Gensler and the SEC

Crypto /

Gary Gensler Chairperson, U.S. Securities and Exchange Commission (Source: CoinGape Leaders have criticized the SEC’s ambiguous policies, which have cost $426 million in litigation since 2021, according to the Blockchain Association. Important Takeaways: The Securities and Exchange Commission (SEC) and its head, Gary Gensler, are being sued by 18 U.S. states for regulatory overreach in

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