MicroStrategy In Trouble? Economist Reveals What Happens If Bitcoin Falls 90%
Strategy (formerly MicroStrategy) has been in the headlines recently following the Bitcoin price crash into the $84,000 territory. The market crash had put it dangerously close to the company’s average buy price of $74,443, with only a 30% crash separating the company’s massive 649,870 BTC holding from being in...
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BitMine expands Ethereum holdings with major purchase
BitMine doubles down on Ethereum despite market slump. BitMine has purchased 21,537 ether tokens, continuing its Ethereum accumulation strategy amid declining stock prices and billions in unrealized losses on its balance sheet, according to analytics platform Lookonchain. Lookonchain reported that…...
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Grayscale’s Dogecoin and XRP ETFs approved for NYSE listing later today
Grayscale’s Dogecoin and XRP exchange-traded funds have been cleared for listing on the New York Stock Exchange and are expected to debut later today. NYSE Arca, a subsidiary of the exchange, filed and disclosed two separate certifications with the Securities…...
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XRP price breaks out above key moving average amid recovery
XRP price rebounds, faces resistance, bullish signs on the hourly chart. XRP price has recovered from recent lows and is trading above a key hourly moving average, according to technical analysis data. The cryptocurrency declined below a support level alongside…...
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DOGE Beats the Blue Chips as D.O.G.E Calls it Quits
DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk’s government efficiency initiative is to shutter....
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Bitcoin ETFs, Led By BlackRock’s IBIT, See Record $40B Trading Volume as Institutions Capitulate
The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way....
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Grant Cardone and Bitcoin advocates urge boycott of JPMorgan over Strategy’s MSCI removal warning, Epstein ties
The boycott call against JPMorgan could trigger a GameStop-like retail investor movement, potentially impacting market dynamics significantly. The post Grant Cardone and Bitcoin advocates urge boycott of JPMorgan over Strategy’s MSCI removal warning, Epstein ties appeared first on Crypto Briefing....
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Pump.fun team allegedly cashes out on over $400M in USDC
Pump.fun is back in the spotlight after new on-chain activity raised fresh questions about the project’s finances. Pump.fun is facing renewed scrutiny after large USDC transfers linked to the team were spotted on-chain. The project transferred over $400 million in…...
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Mayasia Hit By $1B Power Theft as Illegal Crypto Miners Drain the Grid
Malaysia’s electric utility provider Tenaga Nasional Bhd (TNB) revealed that it has suffered losses of more than $1 billion due to increased electricity theft linked to cryptocurrency mining over the past four years. A parliamentary filing this week revealed that nearly 14,000 premises were found to have tapped power...
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Eric Trump Says ‘Great Time’ To Buy Bitcoin, Adds $1 Million Prediction Still On, But May Take ‘Some Years’
Eric Trump, co-founder of American Bitcoin Corp. (NASDAQ:ABTC), reiterated his bullish stance on Bitcoin (CRYPTO: BTC) in an interview aired Saturday, encouraging investors to buy the current market dip. Trump Urges To Buy The Dip During an interview with CNBC, Trump was asked whether he planned to capitalize on the ongoing...
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