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Bitcoin Surges Past A Critical Market Indicator, A Major Run On The Horizon?
Bitcoin‘s potential for extended growth is regaining traction following several bullish technical indicators and price movements cited on its chart. With recent breakouts, many crypto analysts believe a major rally for BTC could be around the corner.
Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity
Bitcoin surged to a new all-time high today, reaching $106,533 and solidifying its position as the market leader in this ongoing bull run. The price action has been exceptionally bullish, offering only three quick chances for investors to buy small dips in recent weeks.Riot Platforms completes convertible bond offering, raising $594M to buy 667 BTC
Riot Platforms announced today that it had completed its offering of the 0.75% convertible senior notes due 2030 to raise $594.4M. The Bitcoin miner used the additional proceeds from its coupon-convertible bond issue to acquire 667 BTC at $101,135 per token, bringing its total BTC holding to 17,429 BTC.Cryptopolitan
Dec 16, 2024
FTX names BitGo and Kraken as distribution partners for bankruptcy payouts
Bankrupt crypto exchange FTX has picked crypto custodian BitGo and once-rival exchange Kraken as distribution partners for its bankruptcy payouts. The failed exchange confirmed this in an announcement today while also updating its claims portal. According to the information on the claim portal, creditors can also receive their bankruptcy payouts in stablecoins. This will be […]Cryptopolitan
Dec 16, 2024
Messari report calls 2024 “climbing a wall of worry”
Messari calls 2024 the "climbing wall of worry" as investors grappled with inflation fears and recession risks. However, the year is ending with Bitcoin surpassing $100K. Another notable growth is seen with Solana which drove the meme coin market.Cryptopolitan
Dec 16, 2024
Martin Shkreli says that Michael Saylor’s Bitcoin playbook for MicroStrategy will ‘not end well’
‘Pharma Bro’ Martin Shkreli recently criticized MicroStrategy CEO and co-founder Michael Saylor for initiating his Bitcoin playbook for the asset management company. Pharma Bro mentioned on the Shkreli Planet podcast that Saylor was drunk on the idea. Shkreli added that the situation was a big bubble that would not end well for the company.Cryptopolitan
Dec 16, 2024
FCA issues warning against Solana-based memecoin Retardio
The UK’s Financial Conduct Authority (FCA) has raised concern over Retardio, a Solana-based meme coin. The FCA said that Retardio may be offering financial services in the U.K. without the required approval. The notice stated that the Financial Ombudsman Service will not protect investors who deal with the coin in case of a dispute. However, […]Cryptopolitan
Dec 16, 2024
Tesla’s decision to ditch Bitcoin might’ve been a great idea in 2021. But does it still hold up today?
In 2021, Tesla and its owner Elon Musk, the man who once called Bitcoin “a good idea on many levels,” turned their backs on it, citing environmental concerns. At the time, it seemed like the right move for a company preaching sustainability. But now, Bitcoin has crossed over $100,000, and Tesla is sitting on over […]Cryptopolitan
Dec 16, 2024
Bitcoin as a lifeline for Palestine and nations without a central bank
Bitcoin adoption in Palestine has become a lifeline, offering a secure, decentralized way to send and receive money despite financial restrictions. It helps Palestinians access essential resources like food and medicine, especially during conflicts. This adoption shows communities with financial freedom and stability when there were no Central Banks. Palestine is going through one of […]Cryptopolitan
Dec 16, 2024
