MicroStrategy would spark a wave of FOMO with announcements of billion-dollar bitcoin purchases

The announcement was made on the same day that BTC almost marked a new all-time high (ATH). When there is FOMO, investors buy out of fear of missing out on potential profits. Michael Saylor, president of MicroStrategy (MSRT), detailed the company’s plan to raise $42 billion to acquire more bitcoin (BTC) as a reserve asset, … Read more

Binance brings new 100,000 USDC event for users of its Telegram game

To obtain the rewards, users must open operations in a pair of BTC and stablecoin. It is required to link the Moonbix game account to the Binance account to participate. Binance, the exchange largest cryptocurrency company in the world, announced today, November 1, 2024, a new activity in collaboration with its already well-known Telegram game, … Read more

Who are the Bitcoin industry leaders supporting Trump and Kamala?

Fairshake has invested more than $200 million in crypto-friendly candidates. Donors like the Winklevoss twins support Trump for his pro-Bitcoin stance. The Bitcoin (BTC) and other cryptocurrency industry is influencing the US elections so much this year that it is transforming the electoral landscape. This by stepping firmly into strategies to shape the political future … Read more

There are already three companies that want to launch an XRP ETF

The fund would be called 21Shares Core XRP Trust, and will not use leverage or derivatives. Canary Capital and Bitwise also asked the SEC for permission to launch their XRP ETF. This Friday, 21Shares formally filed to issue and trade its own exchange-traded fund (ETF) based on the price of the XRP cryptocurrency. The fund, … Read more

Bitcoin remains on course for USD 80,000

Bitcoin (BTC) fell back to $69,900 today after reaching $73,400, although it has already regained the $70,000 mark. Despite the fluctuations, there are signs that it can advance towards $80,000, supported by technical and market factors. According to Colombian investor and analyst Juan Rodríguez, despite the volatility, Interest in bitcoin continues to grow, marking a … Read more

SEC “regulation” generates $400 million in expenses for bitcoin companies

The organization criticizes that under Gensler’s guidance, the SEC has been hostile towards the ecosystem “The SEC’s regulatory approach is harming US global technology leadership,” they say. The United States Blockchain Association claims that the bitcoin (BTC) and cryptocurrency industry has spent more than $400 million in defense against the Securities and Exchange Commission (SEC) … Read more

The resurgence of memecoins? These are the favorites of 2024

Memecoins like PEPU, GOAT, and MEW are attracting investors’ attention. Some decide to invest in memecoins to make quick profits. The resurgence of memecoins is trending again, and names like $NEIRO, $GOAT, $MEW, and $PEPU are leading this new wave in the market. From $NEIRO, which has seen huge gains in recent weeks, to $PEPU, … Read more

TON wants greater decentralization with new governance

The governance is called Society DAO. The TON community will be able to submit projects, which will be rewarded for their performance. The team behind The Open Network (TON) announced the launch of Society DAO, a new governance model designed to democratize access to capital and resource allocation within its ecosystem. This model, aimed at … Read more

MrBeast’s history with cryptocurrencies is also tinged with controversy

Since 2021, the YouTuber has been getting into the world of cryptocurrencies. MrBeast has invested in btcoin, NFTs and backed the DeFi market XCAD Network. MrBeast, one of the most popular YouTubers and philanthropists, whose real name is Jimmy Donaldson, is known for his extravagant and charitable actions that have captured the attention of more … Read more

Florida reveals it has $800 million in cryptocurrencies

The financial director of the state of Florida, Jimmy Patronis, revealed that that Florida entity has approximately $800 million invested in cryptocurrency-related projects. “We have around $800 million in cryptocurrency-related investments in our state portfolio,” Indian the Florida official, who was interviewed on CNBC. Patronis indicated that the Florida State Board of Administration (SBA) must … Read more