Tech

31 December

Tether Transfers $780M in Bitcoin to Reserve in Largest Move Since March

In a major development that has caught the attention of the cryptocurrency market, Tether, the issuer of the world’s largest stablecoin by market capitalization, has moved $780 million worth of Bitcoin to its reserves. This transaction marks the largest movement of Bitcoin into Tether’s reserves since March and has sparked significant speculation about the company’s future plans and the stability …

31 December

MicroStrategy Extends Bitcoin Buying Spree with 2,138 BTC Acquisition

MicroStrategy, the business intelligence firm led by Michael Saylor, has continued its aggressive Bitcoin acquisition strategy, adding 2,138 BTC to its holdings in a recent purchase. The move further solidifies the company’s position as the largest corporate holder of Bitcoin, with total holdings now surpassing 130,000 BTC. A Strategic Investment MicroStrategy’s latest acquisition of Bitcoin comes at a time when …

31 December

Vietnamese Police Uncover $1M Crypto Scam, Rescue 300 Victims

Vietnamese authorities have successfully dismantled a cryptocurrency scam operation that defrauded investors of over $1 million, safeguarding more than 300 victims in the process. The bust highlights the growing sophistication of crypto-related fraud and the challenges law enforcement faces in combating such crimes. The Scam Unveiled The operation, orchestrated by a group of tech-savvy criminals, promised high returns through investments …

31 December

Janover Revolutionizes Real Estate: A.I. Platform to Accept Bitcoin Payments

Janover, a trailblazing A.I.-driven real estate platform, is making waves in the property tech industry with its decision to accept Bitcoin as a payment method. This bold move positions Janover at the intersection of artificial intelligence, real estate, and cryptocurrency, reshaping how real estate transactions are conducted in the digital age. Bridging Real Estate and Cryptocurrency Known for its innovative …

31 December

Germany Accuses Elon Musk of Election Meddling Over DOGE Tweets

Elon Musk, the billionaire entrepreneur and co-chair of the Dogecoin Foundation, is facing accusations from German officials of interfering in the country’s recent elections through his controversial social media activity. The allegations center around a series of tweets about Dogecoin (DOGE) and broader political topics that some claim may have influenced voter sentiment. The Alleged Interference The controversy began when …

31 December

BlackRock Bitcoin ETF Hits $50B Milestone in Record-Breaking 11 Months

In an extraordinary display of investor enthusiasm, BlackRock’s Bitcoin exchange-traded fund (ETF) has surged to $50 billion in assets under management (AuM) just 11 months after its launch. The milestone underscores growing mainstream acceptance of Bitcoin as a viable asset class and highlights the role of institutional players in driving the cryptocurrency market forward. The Launch That Changed the Game …

31 December

MicroStrategy’s Bitcoin Gamble Wobbles: Shares Plunge 46% from Peak

MicroStrategy, the business intelligence firm famously led by Michael Saylor, is facing turbulence as its stock price has tumbled 46% since its November peak. The dramatic decline comes amid mounting concerns over the company’s bold Bitcoin strategy, which has made it a high-profile player in the cryptocurrency space. The Bitcoin Bet Since August 2020, MicroStrategy has aggressively invested in Bitcoin, …

30 December

“Bitcoin’s Record-Breaking Year Ahead: Galaxy Research Predicts $185K”

Bitcoin (BTC), the world’s largest cryptocurrency, is set to reach new heights in 2025, with Galaxy Research predicting it will “test or best” $185,000 by the fourth quarter of the year. Ether (ETH), the second-largest cryptocurrency, is also forecasted to surpass $5,500 within the next 12 months, according to the report. Alex Thorn, head of research at Galaxy, noted that …

30 December

“Bitcoin’s 2025 Price Forecast: Could It Hit $400,000?”

Bitcoin’s price trajectory for 2025 could range from $150,000 to $400,000, according to Blockware Solutions. These predictions depend largely on U.S. government policies, decisions from the Federal Reserve, and the pace at which corporations adopt Bitcoin. Blockware Solutions has presented three potential scenarios based on varying macroeconomic conditions and adoption trends. In the worst-case scenario, Bitcoin could see a modest …

30 December

“Bitcoin Dips Below $94K: Bears Take Control as Market Sentiment Shifts”

Bitcoin’s price dropped below $94,000 on December 29, 2024, after hitting an all-time high of $108,000 on December 17. Over the past 24 hours, Bitcoin has experienced a slight 1.29% dip and a 2.67% decrease over the past week. Currently, the cryptocurrency is trading well below its 20-day exponential moving average (EMA) but is nearing its 50-day EMA, with prices …