Dan Morehead, the CEO of Pantera Capital, has predicted that the price of Bitcoin could reach $740,000 per coin within the next four years. In a message to investors, Morehead pointed out that 95% of global financial wealth has not yet adopted blockchain technology, describing the sector as being in ...
Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP) combining exposure to spot bitcoin and ether, the two largest cryptocurrencies. ...
Wellness and plant-based e-commerce company Jiva Technologies has approved a Bitcoin treasury strategy, with its board greenlighting up to $1 million in BTC investments. CEO Lorne Rapkin stated on November 25, “As Bitcoin gains traction as a trusted and widely accepted asset class, we see a unique opportunity to strengthen ...
Rumble, the video-sharing and cloud services platform, revealed that its board has approved a plan to diversify its corporate treasury. The strategy includes allocating up to 20 million from its excess cash reserves into Bitcoin, highlighting the company's growing interest in the cryptocurrency. The Florida-headquartered public company stated that the ...
Crypto mining has come a long way since the early days when anyone could mine Bitcoin using a simple personal computer. Today, it requires specialized hardware such as ASICs (Application-Specific Integrated Circuits), which are highly efficient but also energy-hungry and costly to maintain. As a result, the process has become ...
The decade-long saga of James Howells, the IT engineer who accidentally discarded a hard drive containing 8,000 Bitcoin (BTC) in 2013, has taken a dramatic turn. The lost cryptocurrency is now at the centre of intense legal disputes and new revelations. Howells' former partner, Halfina Eddy-Evans, recently came forward, claiming ...
On November 22, Michael Saylor, Executive Chairman of MicroStrategy, announced the successful completion of the company's offering of convertible senior notes, set to mature on December 1, 2029. MicroStrategy netted approximately $2.97 billion in proceeds from the sale of the notes after accounting for purchaser discounts. The funds will be ...
CryptoQuant CEO Ki Young Ju suggests that Bitcoin’s current rally toward the 100,000 mark reflects its 2020 surge, during which the cryptocurrency’s value increased sixfold to reach 67,000. Ju highlighted in the X thread that earlier on-chain data, which indicated months of Bitcoin accumulation by whales, has proven accurate despite ...
The Bitcoin price continues to rise, solidifying its dominance in the crypto market. Meanwhile, the ETF investment trend is gaining momentum at an unprecedented pace, with billionaire investors, including legendary investor Paul Tudor Jones, confidently betting on Bitcoin's future. These significant investments, reaching up to $150 million in Bitcoin Price ...
Analysts at Singapore-based trading firm QCP Capital predict that the introduction of Bitcoin ETF options on Nasdaq by BlackRock’s iShares Bitcoin Trust could significantly boost institutional participation in the cryptocurrency market. The ETF options began trading on Tuesday, November 19, and they recorded impressive activity. Over 73,000 contracts traded were ...
