Month: December 2024

Cathie Wood, the founder of Ark Investment Management LLC, predicts a surge in mergers and acquisitions after President-elect Donald Trump defeats Vice President Kamala Harris in the 2024 election. What Happened: “M&A has been prevented by the FTC. That is going to change,” Wood, popularly known for leading ARK...

El Salvador made full use of the market drop Thursday by buying as many as 11 Bitcoins (CRYPTO: BTC), worth over a million dollars, for its reserve. What happened: According to the National Bitcoin Office, an agency tasked by President Nayib Bukele to oversee all things related to the...

Shiba Inu (CRYPTO: SHIB) entered into a partnership with the decentralized oracle network Chainlink (CRYPTO: LINK) Thursday in a bid to expand its ecosystem. What Happened: The partnership would see the integration of Chainlink’s standard for blockchain interoperability as the primary cross-chain infrastructure for Shibarium, Shiba Inu’s Layer-2 blockchain. Additionally, the...

The Dogecoin price has been stuck in a state of correction and consolidation since the first week of December after a crazy multi-week rally that saw it peaking just below the $0.48 price level. Recent price action in the past 24 hours and seven days has been riddled by...

Australian computer scientist Craig Wright, who has consistently claimed to be Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto, was held in contempt of court on Thursday and handed out a one-year suspended prison sentence for continuing to sue developers. What Happened: The case was brought by the Crypto Open Patent...

The cryptocurrency market cracked further Thursday as risk sentiment remained low following the Federal Reserve’s hawkish statements. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin (CRYPTO: BTC) -3.30% $97,251.29 Ethereum (CRYPTO: ETH)                -6.08% $3,425.34 Dogecoin (CRYPTO: DOGE)           -12.28% $0.3159 What Happened: Bitcoin rallied to $102,000 in the...

Jerome Powell, chair of the US Federal Reserve, recently dismissed speculations that the Fed may add Bitcoin to its reserves. At the end of the its two-day meeting, Powell stated that the Fed isn’t allowed to own Bitcoin and doesn’t desire to get involved in any government initiative to...

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Dogecoin (CRYPTO: DOGE) hit new yearly highs recently as the overall cryptocurrency sector has traded higher since Donald Trump won the 2024 presidential election. A new Benzinga poll asks readers if Dogecoin will trade closer to levels seen before the election or all-time highs set back in 2021. What...

Will the real “MicroStrategy of Asia” please step forward? Almost half of top 20 countries for crypto adoption are in Asia: Asia Express 2024...