Crypto News Center

MicroStrategy’s $42B BTC buy gives Ponzi schemes a bad name

Homepage > News > Business > MicroStrategy’s $42B BTC buy gives Ponzi schemes a bad name MicroStrategy (NASDAQ: MSTR) is raising $42 billion to inflate the price of the BTC token because if founder Michael Saylor doesn’t pump these bags, who will?   On October 30, MicroStrategy released its Q3 financial report card, revealing a sharp decline in revenue from its (formerly) core business intelligence software business, while expenses and net...

Bitcoin falls back below $91,000 as the crypto market's Trump rally goes backwards

Photo: Chesnot (Getty Images) Bitcoin’s price fell back to $91,000 Tuesday afternoon as the leading cryptocurrency reversed course on some recent gains following Donald Trump’s election win. Suggested Reading Trump's cabinet picks aren't ready to 'make nice' and that reality will set in soon, strategist says Suggested Reading After surpassing $98,000 last week, the cryptocurrency’s value dropped more than 6% in the past 24 hours. The reversal has temporarily dashed...

BTC and ETH Are on Everyone’s List, but Will CYBRO Outperform Both by 2025?

While Bitcoin and Ethereum dominate the crypto scene, a new player is stirring interest among investors. Could CYBRO be the game-changer that outpaces them both by 2025? Examining its unique features and growth potential might unveil a surprising shift in the digital currency world. CYBRO Presale Soars Past $3 Million: A One-in-a-Million NeoBank Investment Opportunity CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges...

Analyst Puts Bitcoin Price Ceiling At $137,000, But Is This The Highest BTC Can Go?

Analyst Tony Severino has revealed that the Bitcoin price currently has a ceiling of $137,000. This has raised questions about whether this is the highest point that the flagship crypto can reach in this market cycle, and the analyst also provided some answers.  Bitcoin Price Ceiling Is At $137,000 Tony Severino mentioned in an X post that the current ceiling for the Bitcoin price is $137,000, while its floor is...

Republican Senator Lummis Pushes for BTC Reserve as Trump Returns to the White House

After Donald Trump secured his victory in the 2024 U.S. presidential race, Cynthia Lummis, the Republican senator from Wyoming, jumped on social media with a bold declaration: “We are going to build a strategic bitcoin reserve.” ‘Every Nation Needs a Bitcoin Reserve’ Wyoming’s Republican senator and vocal bitcoin advocate, Cynthia Lummis, couldn’t hide her excitement over Donald Trump’s election victory. In a lively post on X Wednesday, she wrote, “The...

FCA Prepares to Regulate Crypto as Awareness Climbs to 93%

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to making purchases without prior research. Despite the growth, the FCA warns that crypto remains largely...

The birth of iDEGEN: a new era of community-powered AI

iDEGEN is a community-powered AI evolving based on interactions on X. iDEGEN ($IDGN) presale is ongoing and it uses dynamic pricing. iDEGEN’s future is promising, with major exchange listings planned for 2025. In a world where cryptocurrency and artificial intelligence (AI) collide, a new force is quietly but surely rising: iDEGEN. As an AI-powered crypto project unlike any other, iDEGEN is a sentient, degenerate memelord created by the community, for...

Proposal Filed With SEC to Transition Bitwise Crypto Fund to Exchange-Traded Product

Bitwise Asset Management has taken a bold step forward by filing to list its Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP) on NYSE Arca. This move sets the stage for what could be a transformative chapter for the well-known and diversified cryptocurrency investment vehicle. Bitwise Proposes Uplisting Crypto Index Fund to NYSE Arca as ETP Currently trading on the OTCQX Best Market under the ticker BITW,...

$15 Trillion Market Cap For Bitcoin? Crypto Firm CEO Predicts Explosive Growth

A prominent figure in the cryptocurrency space made a bold prediction that Bitcoin could hit a total market capitalization of $15 trillion in the next four years. Pantera Capital CEO Dan Morehead said that global blockchain adoption still lags compared to other global financial assets, saying that blockchain’s untapped potential could drive Bitcoin to an exponential growth in its market capitalization. Bitcoin And The $740,000 Target The Pantera executive believes...

Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Photo: Stock Titan Key Takeaways SOS Ltd. authorized a $50 million Bitcoin purchase reacting to record-high prices. Company aims to enhance competitiveness using quantitative trading strategies. SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS...