Tag: Crypto

MicroStrategy has officially announced its rebranding initiative, adopting the name Strategy. This transition marks a strategic evolution for the company, positioning it as the world’s first and largest Bitcoin Treasury Company while retaining its identity as a leading independent business intelligence firm and a Nasdaq 100 stock.  MicroStrategy Rebrands...

Proof of Liquidity Layer 1 blockchain Berachain will airdrop approximately $632 million to eligible users alongside the launch of its mainnet on Feb. 6....

Broader cryptocurrency markets saw declines over the past 24 hours, with total market capitalization dropping 2.01% to $3.17 trillion. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m. ET) Bitcoin (CRYPTO: BTC) -1.23% $97,104.13 Ethereum (CRYPTO: ETH) -1.90% $$2,798.85 Dogecoin (CRYPTO: DOGE) -2.21% $$0.259 What Happened: Bitcoin briefly dipped below $97,000,...

Bitcoin is currently in consolidation mode, trading below its all-time high (ATH) of $109K, as volatility, uncertainty, and speculation dominate the market. The price has been ranging between ATH and the $90K level, creating fear and hesitation among investors who suspect that the bull cycle top may already be...

In a significant development for the Bitcoin (BTC) market, BlackRock, the world’s largest asset manager, is preparing to introduce an exchange-traded Fund (ETF) directly tied to BTC in Europe.  This move follows the success of its $58 billion US ETF that tracks the market’s leading cryptocurrency, underscoring BlackRock’s commitment...

Elon Musk-led Department of Government Efficiency has secured access to the Centers for Medicare and Medicaid Services, according a report Wednesday. The extent of the access and the systems involved are yet to be clarified. What Happened: DOGE representatives have been granted access to key payment and contract systems, reported Wall Street Journal. However, the...

Bitcoin’s dominance over the entire market has continued to increase steadily over the past few weeks, even as many Bitcoin and many other cryptocurrencies started the week on a negative note. According to data from CoinMarketCap, Bitcoin’s dominance is now at 60.4%, its highest level since the 2021 bull...

The US Securities and Exchange Commission (SEC) has officially unveiled its new Crypto Task Force, marking a pivotal shift in its regulatory approach to the digital asset sector.  This initiative, led by Commissioner Hester Peirce, promises a more engaging and less perilous journey for both the SEC and the...

Union groups have taken legal action against the United States Treasury, accusing it of unlawfully granting Elon Musk’s Department of Government Efficiency (D.O.G.E) access to sensitive financial and personal information. The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), the nation’s largest union organization, filed a lawsuit...

Altcoins just suffered their worst sell-off in years, with over $460 billion erased in days. Will liquidity rotate back, or is the dream of another altseason fading for good? Altcoins under pressure On Feb. 3, global financial markets suffered a…...