Cryptocurrency News

2 December

Saylor Urges Microsoft to Go All-In on Bitcoin, Proposes $100B Investment

Bitcoin evangelist and MicroStrategy chairman Michael Saylor made a bold pitch to Microsoft, proposing a massive $100 billion investment in Bitcoin. In a fast-paced three-minute presentation featuring 44 slides, Saylor argued that embracing Bitcoin could add nearly $5 trillion to Microsoft’s market cap, significantly boosting its stock price. In a video shared on December 1, Saylor suggested that Microsoft should …

2 December

Ripple’s XRP Soars to Fourth Largest Cryptocurrency After $100 Billion Post-Election Rally

Ripple’s XRP has surged to become the fourth-largest cryptocurrency by market capitalization, following a massive rally fueled by Donald Trump’s election win in November and rising speculation that the SEC may drop its lawsuit against Ripple Labs. Key Highlights: XRP’s price spiked to $2.50 on Monday before settling at $2.30, marking a 21% increase in 24 hours and a nearly …

2 December

Cardano Surges 10.34% in Major Rally, Market Cap Hits $40B

Cardano experienced a significant surge, climbing 10.34% to trade at $1.1713 by 06:52 (01:22 GMT) on Monday, according to the Investing.com Index. This marks its largest single-day percentage gain since Friday, November 22, 2024. With this upward momentum, Cardano’s market capitalization reached $40.63 billion, accounting for 1.17% of the entire cryptocurrency market cap. Although impressive, it’s still a far cry …

2 December

DMM Bitcoin Closes Operations Following Major Cyberattack and Losses

DMM Bitcoin, once a leading cryptocurrency exchange in Japan, ceased operations in October 2024 following a devastating hack in May that resulted in the theft of $320 million worth of digital assets. The breach, caused by private key theft, led to the loss of 4,500 Bitcoin, and despite efforts to restore services, the platform couldn’t recover due to the scale …

2 December

Bitcoin’s December Rally Predicted to Soar Past $100K

Bitcoin experienced a significant 37.3% rise in November, driven by Donald Trump’s U.S. Presidential election victory, and experts predict the rally will continue in December. With Bitcoin currently trading around $96,922, analysts forecast a potential 30-46% surge, pushing prices up to $141,000 by the end of the year. Blockchain analytics firm Spot On Chain highlights that historical data shows Bitcoin …

2 December

Crypto Hiring Boom Set for 2025: Regulatory Clarity, Trump Win, and Global Exchanges Drive Job Surge

The cryptocurrency sector in India is poised for a significant hiring boom by early 2025, driven by regulatory clarity, institutional interest, and the entry of global exchanges, according to a report by the Economic Times. The industry is stabilizing following Donald Trump’s 2024 U.S. Presidential election victory and growing domestic support, with hiring expected to peak by March 2025. Elon …