MicroStrategy announced that it bought 15,400 Bitcoin for $1.5 billion between Nov. 25 and Dec. 1. MicroStrategy, a major corporate Bitcoin holder, announced it acquired approximately 15,400 BTC between Nov. 25 and Dec. 1. The purchase, funded by $1.5 billion raised through a stock sale under its at-the-market (ATM) equity program, was executed at an...Continue Reading

Ethereum researcher Justin Drake said the Beacon Chain became the “strongest foundation blockchains have ever seen.” As Ethereum’s Beacon Chain reached its fourth anniversary, researcher Justin Drake reflected on its achievements and its role as the foundation of the blockchain network. The Beacon Chain was launched on Dec. 1, 2020, as part of the network’s...Continue Reading

CryptoQuant CEO Ki Young Ju says altseason is no longer determined by a capital rotation from Bitcoin but by a surge in altcoin trading volume for stablecoin pairs. The cryptocurrency market could be on the verge of the much-awaited altcoin season (altseason), much to the delight of speculative traders, but the determining factors might have...Continue Reading

Brazil, the second-largest market for stablecoin transactions, could be set to ban stablecoin withdrawals to self-custodial wallets like MetaMask. Brazil is considering a potential ban on stablecoin withdrawals to self-custodial wallets, coinciding with the Brazilian real hitting all-time highs against the United States dollar. On Nov. 29, Banco Central do Brasil (BCB), the central bank...Continue Reading

Donald Trump’s election win, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge. Ripple’s XRP token has surged to a new 2024 high as investors anticipate pro-crypto developments in the United States under President-elect Donald Trump.  On Dec. 1, XRP (XRP) surpassed Solana (SOL)...Continue Reading

Bitcoin is rewarding hodlers like never before as BTC price action trades just inches from $100,000 for a second week. Bitcoin starts December with $100,000 in sight as the sun sets on a month like no other. Bitcoin avoided flash volatility into the weekly close after November validated a key BTC price breakout. Still circling...Continue Reading

XRP has made a historic comeback as the third-largest coin by market cap, the number of “XRP” Google searches breaking above “crypto.” XRP, the cryptocurrency developed and issued by the United States blockchain firm Ripple, has made a historic comeback as the third-largest coin by market capitalization, sparking reactions from the community. XRP (XRP) dropped...Continue Reading

Mercuryo CEO Petr Kozyakov said many consumer apps will emerge before widespread institutional adoption comes to DeFi. The CEO of payments infrastructure platform Mercuryo predicted that decentralized finance (DeFi) protocols and applications will soon offer financial products similar to those of banks. Mercuryo recently launched a program to support 30 startups developing Web3 consumer use...Continue Reading

US-based spot Bitcoin ETFs saw $6.46 billion inflows in November, led by BlackRock, as BTC recorded a 45% price rally. United States investors poured over $6.4 billion into spot Bitcoin exchange-traded funds (ETFs) in November as the BTC market price rallied 45% above the $99,000 level for the first time in history. A month-long bull...Continue Reading

Even if Bitcoin gains half of what it did during price discovery in 2021, that would still propel it to $150,000, said one trader. Bitcoin could be in for “insane long opportunities” over the coming months, as traders say BTC has now entered the price discovery phase.  “Bitcoin has begun its price discovery phase for...Continue Reading