In the latest development, Bitcoin miner MARA Holdings has revealed that it has expanded its cryptocurrency portfolio by purchasing an additional 5,771 BTC for $572 million. The acquisition was completed at an average price of $95,554 per Bitcoin. With its 0% convertible note offering, the company has achieved a 35% BTC yield per share and...Read More
The race to launch the first Solana-focused exchange-traded fund (ETF) is heating up, with four major issuers filing applications with the Chicago Board Options Exchange (CBOE). This development seems to have triggered a charge leading to the price of Solana’s native SOL token to a new all-time high (ATH), pushing it almost past $263 only...Read More
A dormant Ethereum whale has resurfaced, sparking intrigue as the price of the world’s largest altcoin rallies amidst a broader market surge. According to Lookonchain, this whale amassed 398,889 ETH – worth $2.4 million at the time – between January 18 and March 10, 2016, at an average price of just $6 per ether. The...Read More
[PRESS RELEASE – Grand Cayman, Cayman Islands, November 22nd, 2024] Sui drives blockchain innovation with support from global leader in asset management The Sui Foundation, the independent organization dedicated to the advancement and adoption of Sui, the innovative Layer 1 and smart contract platform, today announced a strategic partnership with Franklin Templeton Digital Assets. Franklin...Read More
Michael Saylor has announced that MicroStrategy successfully raised $3 billion through a convertible senior note offering. According to the company’s Executive Chairman, the offering carries a 0% coupon rate and a 55% premium, setting the implied strike price at around $672 per share. $3 Billion Convertible Notes Offering In an accompanying press release, MicroStrategy explained...Read More
[PRESS RELEASE – Istanbul, Turkey, November 22nd, 2024] Türkiye’s digital asset custodian Paribu to offer crypto custody services to institutional clients worldwide Since 2017, Türkiye’s leading crypto asset technology company Paribu has served 7 million users. Now, with the launch of Paribu Custody, it offers institutional clients worldwide secure digital asset custody and management aligned...Read More
It has been just over two weeks since it became known that the self-proclaimed ‘pro-crypto’ candidate, Donald Trump, will be the next president of the US. The news was received with open arms by crypto investors as prices of all major assets skyrocketed to local or all-time peaks. Expectedly, bitcoin was and still is at...Read More
[PRESS RELEASE – George Town, Grand Cayman, November 22nd, 2024] Zircuit, the chain where innovation meets security, today announced its ZRC Token Launch on Monday, November 25th—a key step in building a thriving, decentralized ecosystem. ZRC serves as the foundation of Zircuit’s architecture, enabling participants to receive additional rewards, participate in network app fair launches,...Read More
Around 29,000 Bitcoin options contracts will expire on Friday, Nov. 22, and they have a notional value of around $2.84 billion. Today’s options expiry is slightly smaller in magnitude than last week’s, but spot crypto markets are on fire, with peak prices being hit by several assets. A huge $9 billion expiry event will occur...Read More
Crypto market capitalization surged to an all-time high of $3.44 trillion on Friday, Nov. 22. It has been primarily driven by Bitcoin, which topped $99,000 at a new all-time high as its dominance remains high at over 60%. However, several altcoins are also making big moves, with many showing double-digit growth today. Solana (SOL) is the...Read More
A new perp listing for Just a Chill Guy (CHILLGUY) – a TikTok-inspired memecoin – CHILLGUYUSDT – is now available to trade on BitMEX, with up to 50x leverage. Trading started here at 04:00 UTC on 22 Nov 2024. If you haven’t signed up for a BitMEX account yet, we’re currently offering up to $5,000...Read More
Since the Trump Trade narrative ran its course in the crypto market, several digital assets, including Ethereum, have surged in value; however, while most coins have seen investors take profits, the same cannot be said for ETH. According to a CryptoQuant report by pseudonymous analyst Onatt, retail ETH investors appear to be holding their positions...Read More
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed. Whale Activity:...Read More
