Bitcoin’s Levered Play MicroStrategy Witnesses Divergence: Shares Underperform BTC As Company Buys More Coins By Issuing 0% Convertible Notes
MicroStrategy Inc. (NASDAQ:MSTR) stock has seemingly diverged with respect to the movement in Bitcoin (CRYPTO: BTC) prices, this trend has been pronounced since the company started issuing more 0% convertible notes in November. What Happened: MicroStrategy has fallen by 20.34% month-to-date about five times more than the Bitcoin prices,...
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Bitcoin Buyers Waiting To Pounce: Binance Stablecoin Reserve Sets New Record
Data shows the stablecoin reserve on Binance has shot up to a new record recently, a sign that could be bullish for Bitcoin and other coins. Stablecoin Exchange Reserve On Binance Has Seen Rapid Growth Recently As explained by an analyst in a CryptoQuant Quicktake post, the stablecoin Binance...
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NBA Star Scottie Pippen’s ‘Satoshi Nakamoto-Delivered’ Bitcoin Forecasts Fairly Accurate, Says Financial Analyst
Financial analyst Jim Bianco commented on Scottie Pippen‘s prophetic dream encounters with Satoshi Nakamoto on Monday, noting that the NBA legend’s Bitcoin (CRYPTO: BTC) forecasts have been surprisingly accurate. What Happened: Bianco, President and founder of Bianco Research, said in an X post that Pippen’s predictions have gained attention due to their...
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Vietnam Cracks Down on $1 Million Crypto Scam, Saving Hundreds from Financial Ruin
In a fortunate move, the Vietnamese authorities were able to successfully dismantle a large-scale cryptocurrency scam orchestrated by a company called ‘Million Smiles,’ protecting nearly 300 potential victims from financial exploitation. The scheme, built around a fictitious token called QFS (Quantum Financial System), had already swindled approximately $1.17 million...
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XRP Poised For 450% Upside, Says Analyst, As Coin Shows ‘One Of The Most Promising Setups’ Heading Into 2025
XRP (CRYPTO: XRP) might have retraced sharply in recent days, but one influential analyst on Monday predicted massive upsides for the payment-focused cryptocurrency in 2025. What happened: Ali Martinez, a well-known chartist, observed a “promising setup” for XRP, prompting him to set a price target of $11. Martinez identified...
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Silliest memecoins of 2024: Farts, felines and a famous dead squirrel
Cointelegraph takes a look back at three absurd memecoins launched this year, some which immortalized viral moments and one which was just hot air....
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Bitcoin ETFs See End-of-Year Bleeding With $387 Million Weekly Outflows
Spot Bitcoin (BTC) exchange-traded funds (ETFs) registered their first red weekly performance in a month during Christmas Week, their worst performance since September. However, analysts noted that the ETF industry saw its best year yet. Bitcoin ETFs Receive Charcoal For Christmas As the year ends, Bitcoin ETFs have registered...
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‘Pharma Bro’ Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor
Controversial figure Martin Shkreli issued a stark warning for Bitcoin (CRYPTO: BTC) proxy stock, MicroStrategy Inc. (NASDAQ:MSTR), on Monday, predicting its potential liquidation and a significant Bitcoin surge. What Happened: Shkreli, popularly known as “Pharma Bro,” took to X to vent his thoughts on MicroStrategy’s ongoing downturn, which has resulted in...
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South Korean court issues arrest warrant for impeached President Yoon
A South Korean court has approved an arrest warrant for President Yoon Suk Yeol after he refused three summons requests from investigators....
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Trump-Backed Platform’s Pick, Year’s Chart Topper: 6 New Cryptos Added To Grayscale’s ‘Top 20’ List With Growth Potential In Q1 2025
Leading digital asset manager Grayscale Investments broadened its Top 20 list of cryptocurrencies on Monday by adding six new tokens with strong growth potential for the upcoming quarter. What Happened: Grayscale added Layer-1 blockchain token Hyperliquid (HYPE), decentralized stablecoin protocol Ethena (CRYPTO: ENA), AI agent creator Virtuals Protocol (VIRTUAL), decentralized exchange...
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