Bitcoin Development Company MicroStrategy (MSTR) added to its mammoth bitcoin (BTC) holdings last week with the purchase of another 21,550 tokens. The buys were made over the week ended Dec. 8 and the firm paid an average price of $98,783 each, totaling $2.1 billion, according to a Monday regulatory filing. It funded the acquisition by … Read more
Bitget, a cryptocurrency exchange that has grown rapidly in recent years to one of the largest, is considering partnerships with U.S. firms to gain a foothold in America, encouraged by the incoming Trump administration’s likely pro-crypto stance. Some of the largest crypto exchanges such as Binance, ByBit, OKX and Bitget are prohibited from serving U.S. … Read more
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund. The Latin American country may no longer require Salvadorean merchants to accept bitcoin (BTC) as a means of payment across the nation, instead making bitcoin acceptance voluntary, according to a new report … Read more
November was a monumental month for the crypto market in terms of performance, activity, politics and sentiment, JPMorgan (JPM) said in a research report Monday. “President-elect Donald Trump’s reelection triggered a historic rally and jump in market caps across the crypto ecosystem,” analysts led by Kenneth Worthington wrote. This included tokens, decentralized finance (DeFi), stablecoins … Read more
<a href="https://www.coindesk.com/indices/" target="_blank">CoinDesk Indices</a> presents its daily market update, highlighting the performance of leaders and laggards in the <a href="https://www.coindesk.com/indices/cd20/" target="_blank">CoinDesk 20 Index</a>. The CoinDesk 20 is currently trading at 3857.2, down 3.7% (-150.02) since 4 pm on Friday. One of 20 assets are trading higher. Leaders: XRP (+1.3%) and LINK (-0.1%). Laggards: FIL (-13.0%) … Read more
Bitcoin inscriptions project OrdinalsBot has minted what it says is the largest file ever on the oldest and most valuable blockchain: the last in a collection of 1,500 "Pizza Ninjas." It's part of a phenomenon in the Bitcoin development community known as "four meggers," which are files that take up an entire block on the … Read more
Movement, an Ethereum layer-2 network that was built using MoveVM, issued its native token on Monday with a portion of the tokens being airdropped to early users and community members. MOVE is currently trading at 61 cents representing a $1.3 billion market cap on the back of $441 million worth of trading volume in the … Read more
Crypto markets started the week in the red as bitcoin (BTC) slumped during the European morning hours after having briefly crossed the $100,000 level. BTC fell 2% from its six-figure landmark causing a dive across majors. XRP, dogecoin (DOGE) and Solana’s SOL fell as much as 5.5%, with BNB Chain’s BNB and ether (ETH) down … Read more
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market has begun the week on a negative note, with bitcoin (BTC) lower after a weekend spent wrestling with the $100,000 mark amid reports that Amazon shareholders are pushing for an allocation to the cryptocurrency. The persistent indecisiveness since Dec. 5 amid increased retail … Read more
DeFi protocol Radiant Capital has attributed a $50 million exploit it suffered in October to North Korean hackers. According to a report published on Dec. 6, the attackers started laying the groundwork for the Oct. 16 attack in mid-September, when a Telegram message from what appeared to be a trusted former contractor was sent to … Read more