Hut 8 surpasses $1B in Bitcoin holdings after $100M acquisition
Hut 8 has acquired 990 Bitcoin for $100 million, boosting its total BTC holdings to over $1 billion as institutional adoption of cryptocurrency accelerates.
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MicroStrategy Board makes Bitcoin its primary reserve currency, may increase its holdings beyond $250M
MicroStrategy has outperformed Nasdaq since buying BTC. Now it's doubling down. MicroStrategy’s board of directors elected to make Bitcoin (BTC) the company’s primary reserve asset. The SEC disclosure stated that this may lead to the future expansion of the company's cryptocurrency holdings beyond the original purchase of 21,454 BTC, equivalent to $250 million:“Bitcoin serving as the…
Genesis Global secures court approval for $3B payout
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.
Twitter Hackers Try to Launder Funds Via P2P and Gambling Platforms
The hackers behind the massive Bitcoin ‘giveaway’ scam that hit Twitter are moving funds to gambling and P2P trading platforms. Blockchain forensics firm Ciphertrace has traced funds obtained by the Twitter hackers in the ‘giveaway’ scam to peer-to-peer (P2P) exchanges and crypto gambling sites.On July 21, Ciphertrace reported that 0.2 Bitcoin (BTC) had been transferred…
Bitcoin whale demand accelerates but price jump could ‘take weeks’ — Analysts
The break in Bitcoin’s daily downtrend and heightened demand from whales indicate Bitcoin’s price could jump, but analysts expected it to take a few weeks.
A recession is coming — Here’s how it’s fueling Bitcoin
Cointelegraph analyst and writer Marcel Pechman explains how a potential looming recession might be causing Bitcoin’s price to rise. 1878 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday on the Cointelegraph Markets & Research…
FC Barcelona Dives Into Crypto, Partnering With Chiliz to Create Token
Spanish soccer powerhouse FC Barcelona, or Barca, has teamed up with fintech platform Chiliz to create a blockchain-based token for the sports franchise.As part of the partnership with FC Barcelona, Chiliz created Barca Fan Tokens (BAR) for use on its social mobile app called Socios, according to a press release shared with Cointelegraph. “We are really…
Electronic Voting With Blockchain: An Experience From Naples, Italy
E-voting is gaining its place in the growing discussion over the use of blockchain. In our view, when technology addresses such socially sensitive issues, values step forward to the fore, together with the differences and clashes that they imply. Such democratic values convey the identity, pathologies and fears of the context from which they come.…
Binance saw $1.2B of inflows in one of biggest trading days of 2024, says CEO
ByBit, Crypto.com and OKX’s net asset inflows have also increased by $301.4 million, $107.8 million and $97.7 million over the last 24 hours.