Category: NEWS

Bitcoin gets within touching distance of $100K as rally continues

Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Bitcoin nears $100,000. Source: […]

Bitcoin tops $98,000 as rally gains momentum

Bitcoin has jumped to $98,370, its highest-ever price as bulls target $100,000. The flagship cryptocurrency has rallied higher since Donald Trump’s re-election on Nov. 5 Bitcoin’s march towards $100,000 continued Thursday as the benchmark crypto asset broke past $98,000 for the first time ever. Having hit $97k earlier in the day, BTC showed no mercy […]

Hoth Therapeutics to buy up to $1 million worth of Bitcoin

Hoth Therapeutics, a publicly-traded biopharmaceutical company, has adopted Bitcoin (BTC) as a treasury asset. The clinical-stage biopharmaceutical company announced on Nov. 20 that its board of directors had approved adding BTC to its balance sheet. In the first step of this significant move, Hoth Therapeutics will buy up to $1 million in Bitcoin, according to […]

BlackRock’s Bitcoin ETF options brings in nearly $2b in trade on day one

Bitcoin hit a record of more than $94,000 following the launch of options contracts on BlackRock’s IBIT 289,000 contracts were Calls and 65,000 were Puts, meaning investors were bullish on a Bitcoin price rise Joe Constori said the market is bullish that Bitcoin’s price will reach $100,000 by the end of 2024 Options contracts on […]

Bitfinex Securities launches first tokenized US Treasury bill in El Salvador

Bitfinex Securities is teaming up with NexBridge to bring a tokenized US Treasury bill to El Salvador. USTBL leverages Bitcoin’s technology of Liquid Network and Blockstream AMP. Proceeds of the $30 million initial raise are to be allocated in iShares Treasury Bond 0-1yr UCITS ETF, per the announcement. Bitfinex Securities and NexBridge, a digital asset […]

Thumzup to add Bitcoin payments for gig economy workers

Thumzup will soon pay its gig workers via Bitcoin. The Nasdaq-listed media and marketing firm recently added BTC as a treasury asset. Thumzup, the media marketing company that recently adopted a Bitcoin (BTC) strategy with a $1 million purchase, has announced plans to add crypto payments for gig economy workers. In a Nov. 19 announcement, […]

Metaplanet to buy additional $11.7 million Bitcoin

Metaplanet to raise ¥1.75 billion (over $11.7) in bonds to buy Bitcoin (BTC). The publicly-listed Japanese company has also unveiled a shareholder benefits program. Metaplanet, a publicly-traded company listed in Japan, has announced plans to buy more Bitcoin (BTC) to add to its growing haul. On Nov. 18, the Tokyo Stock Exchange listed Bitcoin Treasury […]

JUP price prediction: Analyst says it could mirror SOL

JUP price has retested a key resistance line after bouncing above $1. Crypto analyst Rekt Capital suggests holding above support level will help bulls soar. As Solana price surges above $240 and nears its all-time high, crypto analyst Rekt Capital says Jupiter (JUP) could follow suit. The native token of the decentralized exchange (DEX) aggregator, […]

What happened in crypto this week

What a week it’s been with the crypto market: Bitcoin hits $93,000, FTX sues Binance and former CEO Changpeng “CZ” Zhao for $1.76 billion, BlackRock’s spot Bitcoin ETF hits $40 billion, investors withdraw appeal in Dogecoin lawsuit against Elon Musk, and ‘Crypto Dad’ denies interest in becoming SEC chair. Let’s look at these and recap […]