News
Important Only
Mara Holdings completed $615M Bitcoin (BTC) purchase, $160M remaining in reserve
Mara Holdings (MARA) follows the example of MicroStrategy, recently expanding its reserves with an additional purchase of 703 BTC, valued at $615M. MARA retains $160M for buying BTC at favorable prices.Cryptopolitan
Nov 28, 2024
Celsius to distribute $127 million in second phase of bankruptcy payouts
Bankrupt crypto lender Celsius Network is set to distribute $127 million to creditors in the second payout under its bankruptcy proceedings. According to the court filings, this distribution represents 2.75% of total creditor claims. With the distribution, the defunct lender’s total payout to creditors will now be 60.4%. The firm, which filed for bankruptcy in […]Cryptopolitan
Nov 28, 2024
ENS jumps 32%, ENA 18% as Bitcoin blinks to $97k
Ethereum Name Service (ENS) and Ethena (ENA) turned up as the biggest gainers in the crypto market over the last 24 hours while Bitcoin (BTC) took another chance to hit $100k. Major altcoins like Ethereum (ETH) and XRP also rallied over 4% as the market sentiments remained “Extreme Greed”. The global crypto market printed green […]Cryptopolitan
Nov 28, 2024
Elon Musk says his D.O.G.E is going after the IRS, plans to cut its budget
Elon Musk is coming for one of Washington’s biggest targets: the Internal Revenue Service. Joined by entrepreneur Vivek Ramaswamy, the eccentric billionaire plans to gut the agency’s budget and reimagine how Americans handle taxes. The duo’s ambitions don’t stop there. They’re orchestrating a federal spending cut of $2 trillion, tackling agencies they consider bloated or […]Cryptopolitan
Nov 28, 2024
South Korea’s central bank doubles down on interest rate cuts
South Korea's central bank announced a surprise decision to cut its benchmark interest rate for a second consecutive session on November 28th. The BOK’s monetary policy committee reduced the interest rate by 25 basis points to 3%, clearly indicating the central bank's policy focus on reviving the country's economic growth momentum.Cryptopolitan
Nov 28, 2024
MicroStrategy’s Bitcoin stash at risk? Analyst warns
Bitcoin’s (BTC) bullish race to hit $100K post-US Presidential elections got the crypto industry excited. However, it has also flagged liquidation risk for some pro-BTC firms ahead. MicroStrategy (MSTR), which has decided to go heavy on the biggest cryptocurrency is expected to face a similar danger. Michael Saylor, former CEO of MicroStrategy, announced that the […]Cryptopolitan
Nov 28, 2024
