Month: November 2024

In a relatively short time frame, society’s sentiment towards cryptocurrencies seems to be shifting from skeptical to almost celebratory as the versatility of digital currencies has become more apparent, which is reflected in the fact that the price for Bitcoin hit an all-time high recently after the U.S. elections....

The 2024 Crossroads Summit is just a few days away – get your tickets for this future-focused event by clicking here! Nearly 16 years have passed since the elusive Satoshi Nakamoto mined Bitcoin’s genesis block on Jan. 3, 2009, launching what would become the largest and most popular cryptocurrency....

Gary Wang, the co-founder of the now-defunct crypto exchange FTX, was sentenced on Wednesday to time served, along with three years of supervised release for his involvement in a sweeping $8 billion fraud scheme. This makes him the fifth and final ex-employee of FTX to face punishment in the...

Shiba Inu (CRYPTO: SHIB) is gaining bullish momentum as traders eye a potential breakout off the back of Bitcoin hitting a new all-time high. What Happened: Shiba Inu’s burn rate has increased by 209%, with 11.6 million SHIB removed from the ecosystem in the past 24 hours, according to...

As Bitcoin (CRYPTO: BTC) hit a new all-time high of $98,310 on Thursday morning during European trading hours, he total net asset value of U.S. Bitcoin spot exchange-traded funds (ETFs) has exceeded $100 billion, a milestone achieved in just 10 months since their launch in January. What Happened: Over...

Delray Beach, FL, Nov. 21, 2024 (GLOBE NEWSWIRE) — The cryptocurrency market Size, Share, Industry Growth, Trends & Analysis is projected to reach USD 2.2 billion by 2026, growing at a CAGR of 7.1% during the forecast period. Growing popularity of cryptocurrency in emerging and developed countries will create...

NVIDIA Corp (NASDAQ:NVDA) experienced a 2.36% decline in pre-market trading on Thursday, as per Benzinga Pro, despite surpassing Wall Street expectations in its third-quarter earnings. What Happened: The chipmaker reported a 94% year-over-year increase in revenue, reaching $35.1 billion, exceeding the anticipated $33.12 billion. Additionally, the company’s earnings per share were...

Artificial intelligence (AI) darling Nvidia Corp. (NASDAQ:NVDA) beat expectations yet again with impressive third-quarter revenue and earnings reported after Wednesday’s market close.  What happened: The world’s most valuable company disclosed third-quarter revenue of $35.1 billion and earnings per share of 81 cents, both beating analysts’ estimates.  The Jensen Huang-led...

Bitcoin‘s recent upside strength has sparked speculations within the crypto community about its move to the $100,000 level and beyond in the current market cycle as many crypto experts predict that the digital asset could witness a rally to the price range shortly. Bitcoin’s Path To $100,000 And Beyond...

MicroStrategy Inc. (NASDAQ:MSTR) was up by 8.45% during pre-market hours on Thursday as Bitcoin (CRYPTO: BTC) approached $98,000 mark, according to Benzinga Pro. The company also announced on Wednesday that it would increase its convertible senior notes offering to $2.6 billion from the initial $1.75 billion. The 0% convertible...