MicroStrategy’s aggressive Bitcoin strategy has been gradually coming together. Now, analysts at Bernstein have predicted that, within the next ten years, the company could own 4% of all the coin’s circulating supply.
At this time, the business intelligence firm has already accumulated 331,200 BTC BTC $96 058 24h volatility: 0.2% Market cap: $1.90 T Vol. 24h: $69.68 B , bought at an average price of $49,874. Ho
Coinspeaker Digital Assets Fund Flows Hit $3.12 Billion
Last week, the digital assets investment landscape witnessed an impressive shift in fund flows. Bitcoin Exchange-Traded Funds (ETFs) dominated headlines, recording their highest-ever weekly inflows, attracting an impressive $3.12 billion.
This surge speaks volumes about the growing appetite for digital assets as mainstream investment vehicles. Simultaneously, the broader realm of digital asset investment products saw inflows of $3.13 bill
HashKey Partners With Sonic to Launch 100K HSK and 500K Sonic Rings
Coinspeaker HashKey Partners with Sonic to Launch 100K HSK and 500K Sonic Rings
HashKey Global, a licensed virtual asset exchange, announced a groundbreaking partnership with Sonic, a prominent layer 2 network in the Solana ecosystem, on November 25, 2024. The collaboration aims to enhance the digital asset experience for millions of users worldwide, particularly targeting the rapidly growing TikTok gaming community.
The partnership comes at a crucial time when HashKey Global has emerged as on
MicroStrategy Acquires Additional 55,500 Bitcoin for $5.4 Billion
Coinspeaker MicroStrategy Acquires Additional 55,500 Bitcoin for $5.4 Billion
MicroStrategy Inc (NASDAQ: MSTR), a US-based business intelligence firm, has expanded its position as the largest corporate holder of Bitcoin BTC $95 470 24h volatility: 1.5% Market cap: $1.89 T Vol. 24h: $64.58 B by purchasing an additional 55,500 BTC for approximately $5.4 billion.
The company announced on November 25 that the purchase was completed at an average price of $97,862 per Bitcoin, bringing its total hol
Solana-based decentralized platform for launching meme coin, Pump.fun, is facing community backlash after users alleged that its live stream feature is broadcasting harmful and violent acts. Over the past few months, Pump.fun has gained popularity as a popular Solana-based platform for launching meme coins.
It allows users to promote their tokens by using community features such as livestreams. H
UK-based Exchange Archax Partners With Ripple Labs to Tokenize Abrdn’s Fund Via XRPL
Coinspeaker UK-based Exchange Archax Partners with Ripple Labs to Tokenize Abrdn’s Fund via XRPL
Archax, a cryptocurrency exchange that is regulated in the United Kingdom, has partnered with Ripple Labs, a blockchain payment company based in the United States, to tokenize abrdn’s money market fund on the XRPL chain. According to the announcement, the money market fund comprises part of the abrdn’s £3.8 billion US dollar liquidity fund (Lux).
The tokenization of abrdn’s money market fund on the
Chill Guy Meme Coin Soars Nearly 60% As Creator Battles Exploitation
Coinspeaker Chill Guy Meme Coin Soars Nearly 60% as Creator Battles Exploitation
The Chill Guy meme coin CHILLGUY $0.39 24h volatility: 40.6% Market cap: $394.03 M Vol. 24h: $210.73 M has taken the crypto world by storm, soaring close to 60% in value over the past 24 hours.
Since its launch on November 15, the Solana-based token has skyrocketed from a modest $10 million market cap to an impressive $461 million, driven by its viral mascot: a laid-back cartoon dog resonating with millions online
Ethereum ETH $3 463 24h volatility: 3.8% Market cap: $418.42 B Vol. 24h: $33.71 B has attracted substantial attention in crypto markets in November so far. The leading altcoin experienced a 40% value surge, crossing the $3,500 mark for the first time since July. Despite Bitcoin (BTC) achieving multiple all-time highs during the same period, Ethereum demonstrated notable resilience and growing appeal among investors.
Metaverse Tokens SAND and MANA See Price Surge As NFT Market Rebounds
Coinspeaker Metaverse Tokens SAND and MANA See Price Surge as NFT Market Rebounds
Amidst a broader non-fungible token (NFT) niche recovery, metaverse tokens such as The Sandbox SAND $0.75 24h volatility: 23.5% Market cap: $1.80 B Vol. 24h: $5.26 B and Decentraland MANA $0.68 24h volatility: 11.3% Market cap: $1.27 B Vol. 24h: $1.43 B have registered some uptick. According to data from CryptoSlam, the digital collectible sector recorded approximately $158 million in sales volume in the past week
Singapore Gulf Bank Targets $50M Fundraising and Stablecoin Payments Firm Acquisition By 2025
Coinspeaker Singapore Gulf Bank Targets $50M Fundraising and Stablecoin Payments Firm Acquisition by 2025
Singapore Gulf Bank (SGB) has set its sights on raising at least $50 million in a funding round as it plans to strengthen its foothold in the digital asset ecosystem. According to sources cited by Bloomberg, the bank intends to sell a 10% equity stake by early 2025 to support this ambitious endeavor.
Operated by the Singapore-based Whampoa Group, SGB recently received operational license a
Binance Dominates 40% of Bitcoin Reserve Market, Hits $155 Billion in Assets
Coinspeaker Binance Dominates 40% of Bitcoin Reserve Market, Hits $155 Billion in Assets
Crypto exchange Binance has touched a new all-time high of its share in the Bitcoin reserve market despite facing all the skepticism fear, uncertainty, and doubt (FUD), over the last two years. CryptoQuant CEO Ki Young Ju noted the skepticism, fear, uncertainty, and doubt (FUD). Thus, it further solidifies its dominance within the expanding crypto ecosystem.
Solana Network: Monthly DEX Trading Volume Surpasses $100B for First Time
Coinspeaker Solana Network: Monthly DEX Trading Volume Surpasses $100B for First Time
As its recent growth and various achievements suggest, Solana may be putting up its best performance yet. That is, since its inception as a blockchain network. Keeping up its momentum after last week’s report, the platform has reported yet another set of notable feats, both in the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems.
According to data from DefiLlama, Solana’s monthly decentral
Ripple’s XRP Aims to Retest ATH in Near Term Fueled By Heightened Demand From Whale Investors
Coinspeaker Ripple’s XRP Aims to Retest ATH in Near Term Fueled by Heightened Demand from Whale Investors
After a bullish breakout from a multi-year triangular pattern earlier this month, Ripple Labs-backed XRP XRP $1.49 24h volatility: 6.1% Market cap: $85.00 B Vol. 24h: $12.47 B has signaled the bulls are in control. In the last three weeks, XRP price has rallied more than 200% to trade at about $1.51 on Monday, November 25, during the early New York session.
Wall Street’s Cantor Fitzgerald Eyes $2B Bitcoin Lending Initiative in Partnership With Tether
Coinspeaker Wall Street’s Cantor Fitzgerald Eyes $2B Bitcoin Lending Initiative in Partnership with Tether
Cantor Fitzgerald, an American financial services firm led by Chairman and CEO Howard Lutnick, is reportedly exploring a major collaboration with Tether to launch a $2 billion Bitcoin-backed lending program.
According to Bloomberg, the project, initially unveiled in July this year during a Bitcoin Conference in the United States, aims to provide US dollar loans using Bitcoin BTC $98 330 2
Philippines to Tighten Virtual Asset Reporting Rules By January 1
Coinspeaker Philippines to Tighten Virtual Asset Reporting Rules by January 1
The Philippines is advancing its regulation of the virtual asset sector through a new reporting system initiated by the Bangko Sentral ng Pilipinas (BSP). A reporting portal is scheduled for launch on January 1, 2025, with a draft circular released recently outlining enhanced data submission requirements for virtual asset service providers (VASPs).
Under the updated rules, VASPs must submit thirteen reports at specif
Heavy Crypto Liquidations Registered in Last 24 Hours As Altseason Teases Via Large Cap Surge
Coinspeaker Heavy Crypto Liquidations Registered in Last 24 Hours as Altseason Teases via Large Cap Surge
As Bitcoin price BTC $98 422 24h volatility: 0.5% Market cap: $1.95 T Vol. 24h: $58.28 B failed to reach the much-anticipated target of $100K last week, crypto traders shifted their focus to altcoin projects with more bullish sentiment. In the last seven days, altcoins that were previously perceived as ‘zombie coins’, led by XRP XRP $1.49 24h volatility: 2.6% Market cap: $84.82 B Vol. 24h:
Metaplanet Deepens Crypto Presence With Planned Launch of Bitcoin Magazine in Japan
Coinspeaker Metaplanet Deepens Crypto Presence with Planned Launch of Bitcoin Magazine in Japan
Asia’s MicroStrategy, Metaplanet, is expanding its footprint in the cryptocurrency sector. On Monday, November 25, the company announced plans to launch a localized edition of Bitcoin Magazine in Japan.
According to an official announcement, the company confirmed it has secured an exclusive licensing deal with BTC Media Inc, a subsidiary of BTC Inc, granting Metaplanet the rights to introduce Bitcoi
Coinspeaker Whale Sells 130B PEPE, Swaps Meme Coin for EIGEN
A whale wallet holding a humongous amount of Pepe PEPE $0.000020 24h volatility: 0.2% Market cap: $8.61 B Vol. 24h: $3.47 B meme coins has swapped its holdings for EIGEN EIGEN $3.14 24h volatility: 11.4% Market cap: $586.95 M Vol. 24h: $253.89 M , the native token of EigenLayer, an Ethereum restaking protocol, while selling a whopping 130 billion in PEPE tokens. The transfer suggests that crypto investors are now capitalizing on the g
Hong Kong’s ZA Bank Becomes Asia’s First Bank to Offer Retail Crypto Trading
Coinspeaker Hong Kong’s ZA Bank Becomes Asia’s First Bank to Offer Retail Crypto Trading
Hong Kong’s ZA Bank has always prided itself as an industry leader, and its recent move may be another testament to this fact. This follows after the bank announced on Monday that it has become Asia’s first bank to allow retail customers to trade cryptocurrencies. According to the press release by the bank, users may have direct access to crypto trading services through its banking app. This development rep
Axie Infinity’s Sky Mavis Reduces Employee Headcount By 21%
Coinspeaker Axie Infinity’s Sky Mavis Reduces Employee Headcount by 21%
Sky Mavis, the creator behind the Axie Infinity game, has decided to undergo a headcount reduction. This decision will impact 21% of its workforce, which accounts for 50 employees in a team of 250 individuals. This new development comes as the firm looks forward to growth and expansion in the coming year.
Axie Infinity Growth Pursuit in 2025
According to Trung Nguyen, the CEO and co-founder of Sky Mavis, the layoff is no