The Asian crypto community has woken up to rainy mornings and another day of bearish market activity. Leading cryptocurrencies have continued their descent after an incredible bull market at the start of the week. Meanwhile, the US Federal Reserve Chair, recently stated that there would be no change in law
Strong case has been presented in a recent proposal directed to the Dutch Minister of Finance, government, and De Nederlandsche Bank board to create a national Bitcoin reserve by Bram Kanstein. As the Netherlands negotiates a dubious global financial scene, the letter emphasizes the value of Bitcoin in guaranteeing economic
The leading cryptocurrency mining platform, NiceHash, has announced that it is moving its operations from the British Virgin Islands to Zug, Switzerland. The transition, which started in November, should be finished by the middle of December. Along with ensuring compliance with the Markets in Crypto-Assets Regulation (MiCA) of the European Union and
Japanese investment firm Metaplanet expects to achieve its first consolidated operating profit since 2017. The Tokyo-based firm projects ¥890 million ($5.8 million) in revenue for the fiscal year ending December 31, 2024. This marks a 240% increase from the ¥261 million reported last year. Operating profit is anticipated to reach
The global crypto market cap dropped 3.18% to $3.63 trillion, highlighting a broad market downturn. However, the total crypto market volume surged 0.81% to $206.04 billion, indicating sustained trading activity. Bitcoin (BTC) dropped 3.4% in the past 24 hours, trading at $103,805.29 after hitting an all-time high of $108,268.45. The
The cryptocurrency community has begun its holiday preparations with several events lined up for Christmas and the New Year. Amidst several giveaways, you might want to check out TheNewsCrypto’s Twitter for fun and exciting holiday events. Meanwhile, other members have begun discussions on how the crypto landscape would look like
Bitcoin (BTC) surged to a new all-time high of $107,780.58 before correcting to $106,618.73. BTC’s market cap now stands at $2.11 trillion, reflecting a 1.77% daily rise. Trading volume surged 29.7% to $80.6 billion. The market cap ratio remains steady with a fully diluted valuation (FDV) of $2.23 trillion. Bitfinex
One of the most prominent names in Bitcoin mining, Riot Platforms, has announced a massive increase to its cryptocurrency holdings, with the acquisition of 667 BTC, or around $67.5 million. The biggest mining operation in North America is run by this corporation, which is devoted to mining. The firm is
An update on Semler Scientific, Inc.’s (SMLR) BTC acquisition activities was released today with the confirmation of a $21.5 million Bitcoin purchase. The business provides technological solutions for chronic conditions. Overall key performance indicators and the company’s capital markets strategy were both modified. Further bitcoin consolidation is an important aspect
Bitcoin (BTC) surged past the $106,500 mark during the early Asian hours, marking another significant milestone in its ongoing rally. The surge was fueled by a series of short liquidations, with approximately USD 151 million in positions being wiped out over the past 12 hours. The liquidations came amid a
