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KULR has made its first
Bitcoin
purchase, acquiring 217.18 BTC for $21M as part of a strategy to establish BTC as a reserve asset. The company plans to invest 90% of its excess cash into Bitcoin, leading to a surge in shares to over $5! 💰
#BTC
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2024 has been Bitcoin’s year! 🪙📈 From NFTs to a booming market share, here’s what you need to know: - Bitcoin now dominates 56.8% of the $3.29T crypto market. - Ethereum’s share dropped, while XRP climbed to 4th place. - BTC-based NFTs and defi saw billions in activity this year.
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Best Meme Coin to Buy? Wall Street Pepe Presale Hits $36M in Just 3 Weeks @wepetoken https://news.bitcoin.com/best-meme-coin-to-buy-wall-street-pepe-presale-hits-36m-in-just-3-weeks/
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Frax Finance is exploring a game-changing proposal to back frax usd (FRAX) with @BlackRock's BUIDL token 🪙💡. A governance vote will seal the deal by Dec. 31, 2024. - FIP-418 proposes adding Blackrock’s BUIDL as a reserve asset. - BUIDL is a tokenized U.S. Treasury product designed for liquidity and yield. - Voting began Dec. 26, with 100% of votes currently in favor.
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🔥 One of Solana’s co-founders is in hot water! Stephen Akridge is getting sued by his ex-wife for allegedly pocketing millions in SOL profits. She says he used his crypto edge to scoop up her staking rewards without her knowing. How much SOL are we talking? She calls it "significant" 👀 Is this the biggest crypto divorce drama we’ve seen yet?
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🇧🇷 Brazilian Congresswoman Julia Zanatta warns of the potential end of physical money as the country moves towards implementing drex, the national CBDC. She opposes a bill that would phase out cash by 2025, advocating for voluntary use of drex to protect economic freedom. Zanatta highlights risks like social control, lack of privacy, and financial mistakes for those unfamiliar with technology. Zanatta also calls for public awareness and a general ballot to decide drex's future, emphasizing that such significant changes should involve citizen input. The drex pilot is currently facing delays over privacy concerns. 💰
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