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BitMine increases Ethereum reserves by $200 million
BitMine Immersion Technologies purchased $200 million worth of Ether on Wednesday. With this transaction, the company increased its holdings to more than 2.1 million ETH. The value of these reserves now amounts to approximately $9.2 billion. The purchases were made via three transactions processed through the crypto service provider Bitgo. This further extends BitMine’s lead […]
Altcoin season has begun: Crypto market picks up ahead of Fed meeting
The crypto market is shifting into high gear a few days before a possible Fed interest rate cut. Total market capitalization is up 2.1 percent compared to the previous day, just above the $4 trillion mark. The Bitcoin price is up around two percent to $114,000, almost $10,000 below the record high set in August. […]
Ripple controls almost half of all XRP: These are the richest wallets
With approximately 42 percent of all existing XRP, Ripple Labs still holds the largest XRP position. In addition to 4.5 billion XRP in liquid holdings, another 35 billion tokens are held in escrow contracts, which are released on a scheduled monthly basis. Ripple co-founder and CEO Chris Larsen still owns over 2.5 billion XRP, equivalent […]
“Unique moment in financial history”: Dogecoin ETF to launch tomorrow
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Crypto: QMMM Holdings announces a Bitcoin strategy and explodes 1,700% on the NASDAQ
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Worldcoin (WLD): Massive price jump due to Treasury announcement
Worldcoin (WLD) has been one of the top performers among the 100 largest altcoins over the past seven trading days. Every week, the WLD price has jumped 124 percentage points to currently $2.12, surpassing its May high. In the last 24 trading hours alone, the RWA project’s value has increased by 55 percentage points. This […]
Bitcoin price 2035: Ultra-bullish forecasts up to $11.6 million verified
In the current bull market, it seems to have become almost standard practice in the crypto sector to come up with increasingly bold Bitcoin predictions. Price targets ranging from $500,000 to $11.6 million by 2035 are making the rounds – impressive yet hard to imagine. We have taken a closer look at the underlying models. […]
Next Hyperliquid All-Time High: How a Stablecoin Bidding War Is Driving Hype Up
While Bitcoin recently rose to over $113,000, Hyperliquid set a new all-time high at just under $55. Over the past 24 hours, HYPE is up around 9 percent. The rally is being fueled by a competition among various stablecoin companies seeking to deliver the tokenized US dollar equivalent of the Perps exchange. According to a […]
Bitcoin rises above $113,000 – Worldcoin and Solana benefit from new treasury companies
The crypto market continues its upward trend after the shock of the largest NPM attack in its history. Bitcoin climbs to over $113,000, up more than 1.5 percent over the past 24 hours. Solana even records gains of over 5 percent. This is due to the launch of the $1.65 billion Solana Treasury company by […]
Strategy now holds 3 percent of all Bitcoin – risk to the BTC price?
Michael Saylor announced another investment by Strategy in Bitcoin. According to a post on X, an additional 1,955 Bitcoins were purchased over the course of the past week for $111,196 each. The latest investment thus amounts to approximately $217 million. The Bitcoin company currently holds 638,460 Bitcoin—more than any other company. In addition, another threshold […]
Crypto analyst: “Ethereum is dying”
AJC, research manager at crypto analytics firm Messari, sparked a heated debate on X over the weekend after declaring that Ethereum is “dying.” In his post, he stated that “Ethereum’s fundamentals are collapsing,” as network fees in August totaled just $39.2 million. This represents a decline of over 40 percent year-on-year and about 20 percent […]