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MicroStrategy acquired 15,400 BTC for $1.5 billion, increasing its total holdings to 402,100 BTC, with an estimated value of over $38 billion.

The purchase was funded through the sale of 3,728,507 shares, as part of a strategy to raise $42 billion and continue investing in Bitcoin.

Michael Saylor supports this approach, highlighting a 63.3% growth in the company’s “Bitcoin Yield” and the strategic value of BTC as a corporate reserve asset.

MicroStrategy continues to strengthen its posi

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Minimum balances on exchanges: Long-term holders limit the flow of Bitcoin to the market, reducing liquidity and creating upward pressure on prices.

Driving factors: Institutional demand, Bitcoin ETFs, and favorable policies such as those proposed by Donald Trump are reinforcing interest in BTC as a strategic asset.

Impact on market stability: Smaller exchanges face challenges in maintaining liquidity, which could increase volatility during periods of high demand.

Bitcoin balances on m

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WisdomTree has filed a Form S-1 registration statement with the U.S. SEC for a spot XRP ETF, marking its entry into the competitive field of XRP-based investment products.

The proposed ETF aims to track the price of XRP, with Bank of New York Mellon serving as the trust administrator, ensuring smooth operation and regulatory compliance.

The filing comes amid heightened interest in XRP and other cryptocurrencies, sparking optimism among investors and potentially paving the way for broade

Ramat Gan, IL, December 2nd, 2024, Chainwire

Playnance has announced a significant surge in daily trading volume on its innovative blockchain, PlayBlock, over the past 10 days. The launch of its pioneering CopyTrader feature has been a key driver of this growth, with data revealing a strong correlation between the introduction of CopyTrader and the platform’s soaring daily turnover. Traders worldwide are turning to Playnance, leveraging CopyTrader to enhance their performance while contributing

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The crypto market saw a significant surge in trading volume in November 2024, reaching $2.7 trillion, the highest since May 2021.

Factors driving this surge include the reelection of pro-crypto Donald Trump as U.S. President and the resignation of SEC Chair Gary Gensler.

Major exchanges like Binance, Crypto.com, Upbit, and Bybit reported impressive performances, with Binance processing over $986 billion in trading volume.

The crypto market witnessed a significant surge in trading volum

Hong Kong, Hong Kong, December 2nd, 2024, Chainwire

usdx.money, a stablecoin infrastructure project, announced it has raised $45 million in the latest round of financing. The round puts the project’s valuation at $275 million. Investors for this round include NGC, BAI Capital, Generative Ventures, and UOB Venture Management, with a portion of the investments made in the form of warrants. Its pre-existing investors are Dragonfly Capital and Jeneration Capital.

usdx.money aims to build the next-

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Changpeng Zhao (CZ), the founder and former CEO of Binance, has no intention of returning to his leadership role but is open to the idea of a presidential pardon.

CZ’s reluctance to return as CEO is due to recent legal troubles, including a $4.3 billion settlement with U.S. regulators and a four-month prison sentence.

Despite stepping away from Binance, CZ remains influential in the crypto industry and has shifted his focus to ventures like blockchain development, AI, and biotech.

Chan

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Hyperliquid has made history by distributing nearly $1.8 billion worth of tokens in a record-breaking airdrop event.

The airdrop surpasses previous major airdrops like Starknet, Arbitrum, and dYdX, highlighting Hyperliquid’s commitment to rewarding its users.

The market reaction has been overwhelmingly positive, with the HYPE token surging by 60% within hours of the airdrop, reflecting strong investor confidence and interest.

Hyperliquid, a leading decentralized finance (DeFi) protocol

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XRP has surged by 20% in the last 24 hours, positioning itself to potentially surpass Tether (USDT) as the world’s third-largest cryptocurrency by market capitalization.

The surge is driven by factors such as SEC Chair Gary Gensler’s resignation and the anticipation of Ripple’s new stablecoin, RLUSD.

XRP’s recent performance has been extraordinary, with a 352% increase in price over the past month, driven by strong institutional interest and positive market sentiment.

In a stunning tur

Dubai, United Arab Emirates, December 1st, 2024, Chainwire

Virtual private servers have revolutionized the way people navigate the digital world. With the increasing demand for virtualization, VPS providers must ensure user privacy and security—a task that’s only getting more complex, with data breaches and invasive third-party tracking becoming increasingly common. For the same reason, finding a provider that prioritizes user privacy has become a critical task for VPS users.

Cloudzy, a global

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ZK-rollups or optimistic rollups? The choice between these layer 2 technologies will shape the future of blockchain scalability.

Optimistic rollups stand out for their simple integration, while ZK-rollups offer greater security and privacy.

Both approaches could coexist, addressing different needs and fostering innovation in the blockchain ecosystem.

The search for effective solutions to scale blockchain networks has led to the development of layer 2 technologies, particularly ZK-rollu

The evolution of decentralized finance (DeFi) has led to innovative platforms that aim to close the gap between traditional financial systems and the possibilities offered by blockchain technology. MANTRA is one of these solutions, combining governance tools, staking, and lending with a focus on tokenizing real-world assets (RWAs). Through its advanced infrastructure and with interoperability as a priority, this blockchain seeks to expand the reach of DeFi and create an accessible and regulatory

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Privacy or threat? Tornado Cash reignites the debate over the balance between financial freedom and security in the digital age, challenging the boundaries of regulation.

This decentralized protocol ensures anonymity and resistance to censorship, offering protection for vulnerable users.

Defending financial privacy as an essential right entails promoting innovative solutions and ethical regulations that respect both security and individual freedoms.

The advancement of blockchain techno

Wormhole is an interoperability protocol designed to facilitate the transfer of data and assets between different blockchains. This capability enables the creation of decentralized applications (dApps) that operate across multiple networks. Its primary purpose is to connect blockchain ecosystems with diverse characteristics, such as Solana, Ethereum, Polygon, and others. Through its arbitrary messaging infrastructure, Wormhole ensures that data and assets are transmitted efficiently and securely

As the crypto space grows staking has become one of the leading ways to earn passive income instead of letting your digital assets stay idle in your wallet. CryptoBox stands out among the many crypto staking platforms out there as a game changer that combines AI technology with secure high-yield staking. In this post, we’ll look at CryptoBox and 9 other platforms, compare their features, benefits, and staking options. We will also explain why CryptoBox is the best for staking your assets in 2024

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Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network.

Elastic Scaling, currently being tested on Kusama, allows parallel chains to use multiple Cores to optimize system efficiency.

The implementation of Elastic Scaling will position DOT as a leader in the blockchain industry, with the potential to establish new scalability and efficiency standards.

Polkadot 2.0, the highly anticipated update to the blockchain

London, united kingdom, November 29th, 2024, Chainwire

As Bitcoin edges closer to the $100K milestone, the crypto market is preparing for a pivotal new cycle. Historically, BTC surges spark altcoin rallies, with liquidity eventually flowing into the memecoin sector. In this environment, projects with strong narratives and valuable utilities take center stage. Among them, Pepeto, the God of Frogs, is emerging as a leading contender. Positioned as a hub for the adoption of next-generation memecoi

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Ethena and Securitize have submitted their proposal to launch the USDtb stablecoin in the Spark tokenization competition, backed by BlackRock.

The Tokenization Grand Prix will allocate up to $1 billion in liquidity to selected partners. The results will be decided by a governance vote from the token holders of the Sky ecosystem.

USDtb will be backed by more than 90% by BlackRock’s BUIDL fund, and Ethena will include a swap tool between USDtb and USDe.

Ethena and Securitize have submitt

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Algorand (ALGO) reached a two-year high after a 37% increase in the last 24 hours, bringing its value to $0.3999, the highest level since November 2022.

ALGO’s TVL has grown by 26%, reaching $157.97 million, while open interest in futures has risen to its highest level since November 2022.

Despite the overbought condition indicated by an RSI of 79, analysts remain optimistic, with a target of $0.45 if the rally continues.

Algorand (ALGO) has reached a new two-year high following a stro

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Pump.fun experienced a 33% drop in revenue, the largest since March, falling from $5 million to $3.6 million in just one day.

A user faked his suicide to promote their cryptocurrency, causing outrage and leading Pump.fun to disable the livestreaming feature.

Disinterest in memecoins and the rise of negative sentiment have led traders to shift to other platforms, such as Base.

Pump.fun, the platform that allows users to create and launch their own memecoins, has experienced a 33% drop i