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China is in high gear to roll out a blockchain-powered identity verification program, following the incorporation of the real-name DID (RealDID) service.
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Michael Saylor, the executive chairman of MicroStrategy, has pitched #Bitcoin adoption to the $3.2 trillion tech giant Microsoft. In a recentĀ presentationĀ to Microsoftās board of directors, Saylor emphasized that Bitcoin represents the next technological wave that Microsoft cannot afford to miss. According to Saylor, Bitcoin has the potential to redefine capital preservation and enhance productivity, making it a crucial asset for the companyās future. This development comes as MicroStrategyĀ continuesĀ to solidify its position as a Bitcoin treasury company. #CryptoNewssCommunity
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World-renowned #Bitcoin bull MicroStrategy has made another significant acquisition of BTC, deploying billions of dollars into the crypto market for the fourth consecutive week. The companyās chairman, Michael Saylor,Ā revealedĀ the news in a post on X today. He disclosed that the firm had acquired an additional 15,400 BTC for approximately $1.5 billion at an average price of $95,976 per BTC. With this latest purchase, MicroStrategy now holds a total of 402,100 BTC. The company built this portfolio over the past four years with a cumulative investment of $23.4 billion. This brings the average cost of each token to $58,263. Accordingly, the company now sits on an unrealized profit of $15.1 billion from its Bitcoin holdings. Saylor proudly shared that the Bitcoin portfolio has yielded a 38.7% return on a quarter-to-date basis and an impressive 63.3% return year-to-date. #CryptoNewsšš„V
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Despite a surge in supply pressure as Bitcoin approaches the $95,000 support level, the altcoin segment continues to see strong performers.Ā #Helium is one of the top-performing cryptocurrencies, with its native token, HNT, increasing by 33.55% last week to reach a market price of $8.52. The HNT market capitalization is on the verge of surpassing $1.5 billion.Ā HNT Price Run Surpass $8 On the daily chart, Heliumās price action shows three consecutive bullish candles, with the rally beginning on Saturday, November 30. The price action registered a breakout from a falling channel pattern. Further, the breakout rally extended to a 24-hour high of $9.377. HNT price is currently trading at $8.484, reflecting an intraday gain of 5.01%. With a triple white soldier pattern (three consecutive bullish candles), Helium is challenging the 78.60% Fibonacci level. A bullish close above this level within 24 hours would confirm a new breakout rally. This resistance level had caused a failure in the bullish trend in September, triggering the falling channel pattern. Therefore, a breakout above this crucial resistance level could lead to a new 52-week high, potentially surpassing $11.16. The MACD and signal lines are in positive alignment, with an increase in positive histograms supporting the bullish trend. Additionally, the 50-day and 100-day EMAs are showing a bullish crossover, signaling the potential for an extended rally. #CryptoNewsCommunity Helium Price Chart
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#shibaā” Inu lead developer Shytoshi Kusama has highlighted the impressive performance of SHIB, which has experienced remarkable growth across various timeframes. As the ongoing bull market regains momentum, Shiba Inu has emerged as one of the top performers, setting a fresh 30-day high. Kusama took to X to mark this development. In TodayāsĀ Shiba Inu coin news, Kusama shared a chart showing that at the time of posting, Shiba Inu was experiencing a 2.2% gain on the hourly timeframe. Over the 24-hour period, the token surged by 19.6%, marking a substantial single-day increase. The weekly growth showed a 16.8% rise, indicating steady gains. Similarly, over the past 14 days, SHIB recorded an increase of 28.8%. The 30-day performance demonstrated a 77.9% rise, highlighting a robust rally over the previous month. On an annual scale, SHIBās 274.7% increase solidified its status as a top performer. Given this impressive performance across major timeframes, KusamaĀ respondedĀ to critics by saying,Ā ā[How] would you FUD this token?ā #CryptoNewsUSA
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"Dogecoin's Path to $10: Projected Timelines Reveal When It Could Happen"
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