For the sixth week running, starting in early November, MicroStrategy has increased its Bitcoin purchases. The software firm raised its total Bitcoin holdings to 423,650 after announcing the acquisition of 21,550 BTC for $2.1 billion. Having achieved a BTC yield of 43.2% QTD and 68.7% YTD, MicroStrategy said in a
Under pressure from the International Monetary Fund (IMF), El Salvador, the world’s first government to adopt Bitcoin as legal cash, is allegedly reducing its BTC aspirations. According to the Financial Times, which cited sources familiar with the situation, El Salvador is reportedly planning to amend its Bitcoin policy in exchange
Pudgy Penguins, a popular non-fungible token (NFT) collection, has surpassed Bored Ape Yacht Club (BAYC) to claim the second-largest market cap in the NFT space. According to CoinGecko, Pudgy Penguins’ market cap now stands at $772.5 million, edging past BAYC’s $755 million. CryptoPunks remains the largest NFT collection, boasting a
The Bitcoin MENA (Middle East and North Africa) conference in Abu Dhabi. Has recently got attention for its cutting-edge discussions on cryptocurrency especially Bitcoin and for the influential personalities. From prominent crypto figures like Binance’s CZ to Elon Musk were expected to attend and key members of Donald Trump’s inner
BitOasis, a prominent virtual assets platform in the Middle East and North Africa (MENA), has secured a full Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The operational license journey began with a provisional permit granted in 2022, after VARA’s establishment. This allowed BitOasis to
President-elect Donald Trump has publicly expressed his support for Federal Reserve Chair Jerome Powell, despite their historically tumultuous relationship. Trump confirmed in an exclusive interview with Kristen Welker on Meet the Press that he has no plans to replace Powell, whose term as chair extends until May 2026. When pressed
Amidst the bull market sentiment across the crypto industry, the token listing announcements from renowned crypto exchanges is increasing. Two largest South Korean crypto exchange platforms, Upbit and Bithumb announced MOVE token listing today. MOVE is a native token of the Movement Network crypto project built as a layer 2
Ethereum is currently testing strong resistance near $4,000 and is trading at $3,890. If it breaks above this level, the price could target $4,200. Conversely, a breakdown below $3,800 may see prices retreat to $3,600. The RSI, currently at 67.23, reflects strong bullish momentum without signaling overbought conditions. Its 14-day
In an effort to make Web3 more accesible, user-friendly, and incorporated into users’ everyday lives globally, Binance, the leading blockchain ecosystem in the world and behind the biggest cryptocurrency exchange in terms of both trading volume and users, today announced the relaunch of the Binance Wallet (formerly known as the Binance Web3
The National Center for Public Policy Research has submitted a proposal to Amazon.com Inc., urging the tech giant to evaluate adding Bitcoin (BTC) to its corporate treasury. The proposal will be considered at Amazon’s annual shareholder meeting in April 2025. This initiative aligns with similar efforts, such as the recent
