A naukri.com initiative
Bitcoin News
Bitcoinsensus
2w
362
Image Credit: Bitcoinsensus
Celestia Unlocks 86% of TIA Tokens After 1-Year Airdrop
- Celestia has unlocked 86% of TIA tokens one year after the airdrop, leading to possible impacts on price
- TIA experienced massive growth since its release, peaking over $21 before recent drops
- Additional token airdrops like DYM and SAGA have influenced TIA’s performance, showing the role of market trends in price shifts
- The 86% unlock of TIA tokens marks a key moment for Celestia, as the price's future will depend on market demand and increased supply
Read Full Article
21 Likes
Zycrypto
2w
301
Image Credit: Zycrypto
Reddit Sold Majority of Its Bitcoin Before Uptober Price Surge
- Reddit sold most of its Bitcoin and Ethereum holdings in Q3 2024.
- The decision to sell the assets before the price surge in October faced criticism.
- Crypto market experienced significant gains in the last 30 days, with Bitcoin reaching $73,000.
- Reddit expressed skepticism about the long-term trajectory of cryptocurrencies.
Read Full Article
18 Likes
Zycrypto
2w
17
Image Credit: Zycrypto
MicroStrategy Announces Audacious Plan To Raise $42 Billion To Buy Even More Bitcoin
- MicroStrategy, the Bitcoin development company, plans to raise $42 billion in capital over the next three years to purchase more Bitcoin as part of its treasury reserve strategy.
- The company holds more than 1% of the supply of Bitcoin on its balance sheet and aims to achieve higher BTC yield by buying more of the benchmark crypto.
- MicroStrategy has already acquired approximately 252,220 BTC, with a market value of $18.2 billion, and reported a year-to-date BTC yield of 17.8%.
- The firm aims to attain an annual BTC yield of 6% to 10% between 2025 and 2027.
Read Full Article
1 Like
Bitcoinsensus
2w
94
Image Credit: Bitcoinsensus
Meta and Microsoft Showed Good Profits, But Predict Downside and More Investment in AI
- Meta and Microsoft reported good profits in the Q3 and year-to-date earnings.
- They forecast lower profits next quarter and more investment in AI development.
- Meta and Microsoft shares decreased in after-hours trading, namely 3.18% and 3.71% respectively.
- Despite the positive earnings, investors are concerned about the decline in revenues and the need for continued investment in AI.
Read Full Article
5 Likes
Coinpedia
2w
68
Image Credit: Coinpedia
Trump’s Presidential Win Could Trigger Bitcoin and Gold Bull Rally: JPMorgan
- JPMorgan analysts suggest that a potential Trump victory in the U.S. presidential election could boost retail investor interest in Bitcoin and gold.
- The report highlights a growing trend among retail investors embracing the 'debasement trade' by investing in Bitcoin and gold ETFs.
- JPMorgan predicts significant growth in the crypto market by 2025, driven by the ongoing debasement trade and potential political changes.
- Institutional investors are cautious about Bitcoin futures, while retail investors continue to pour money into Bitcoin and gold ETFs.
Read Full Article
4 Likes
Zycrypto
2w
8
Image Credit: Zycrypto
20,589% XRP Price Explosion Expected As Pundit Sees Ripple’s XRP Outshining Markets In Next Cycle
- Analysts predict that XRP may outperform Ethereum (ETH) and Bitcoin (BTC) in the upcoming market cycle.
- Despite recent challenges, some analysts remain optimistic about XRP's future, with potential for a 20,589% increase in value.
- Other analysts suggest that XRP could outperform BTC on a relative basis and may outperform other altcoins in the next cycle.
- Ethereum and Bitcoin face their own challenges, with ETH encountering resistance and BTC trading within an expanding triangle pattern.
Read Full Article
Like
Bitcoinsensus
2w
293
Image Credit: Bitcoinsensus
Reddit’s Crypto Sale Before October Bitcoin Surge
- Reddit sold the majority of its crypto holdings, including Bitcoin and Ethereum, just before a major price increase in October.
- The sale was labeled "irrelevant" in Reddit's 10-Q filing, with limited details disclosed about the amounts sold.
- Reddit has a history of crypto experimentation, from accepting Bitcoin for premium memberships to exploring NFTs and blockchain-based community points.
- The recent cryptocurrency sale highlights Reddit's cautious approach despite the growing value of digital assets.
Read Full Article
17 Likes
Altcoinbuzz
2w
0
Florida CFO Advocates for Bitcoin in State Pension Funds
- Florida's Chief Financial Officer, Jimmy Patronis, is advocating for Bitcoin as a possible addition to the state’s retirement fund portfolio.
- Patronis believes Bitcoin, as a digital asset, could diversify the state's holdings and provide a safety net against the volatility of traditional assets.
- He proposed a 'Digital Currency Investment Pilot Program' within the Florida Growth Fund to explore the feasibility and benefits of investing in cryptocurrencies.
- The Florida State Board of Administration is expected to deliver a report by early next year on the potential inclusion of Bitcoin in the state's pension funds.
Read Full Article
Like
Altcoinbuzz
2w
0
Tron Switches to Chainlink for Better Data in DeFi Apps
- Tron DAO announced that JustLend and JustStable will now use data feeds from Chainlink for pricing information.
- Tron aims to improve the accuracy and reliability of the data used in its DeFi ecosystem by switching to Chainlink.
- Tron will initially cover some operational costs for integrating Chainlink, but will eventually shift these costs to user fees for DApps.
- The integration of Chainlink will create opportunities and improvements for Tron-based stablecoins and real-world assets.
Read Full Article
Like
Bitcoinist
2w
68
Image Credit: Bitcoinist
Trump Expands Bitcoin Support With No Tax Promise For Digital Transactions
- Former President Donald Trump has pledged his support for Bitcoin and the crypto industry, proposing to eliminate capital gains taxes on BTC transactions used for purchases.
- Trump's commitment aims to make the US the 'crypto capital of the world' and is in contrast to Vice President Kamala Harris' more cautious stance on digital assets.
- Trump has also launched a crypto venture, World Liberty Financial (WLF), and plans to replace SEC Chair Gary Gensler on his first day in office.
- Analysts predict that Bitcoin's price could decline if Harris wins the election, but some believe that regardless of the outcome, the momentum for Bitcoin's price will continue.
Read Full Article
4 Likes
Tokenhell
2w
383
Reddit Sold Most of Its Bitcoin During the Third Quarter, SEC Filing Shows
- Reddit sold most of its crypto holdings during the third quarter, according to a filing with the US SEC.
- The social media platform dumped $6.8 million worth of Bitcoin and Ethereum but said the gains were 'immaterial.'
- Reddit is still holding another crypto, POL, and will require board approval for future crypto investments.
- The company's stock rose by 42% after the filing, and it reported a net income of $30 million in Q3.
Read Full Article
23 Likes
Bitcoinchaser
2w
349
Image Credit: Bitcoinchaser
Light Up Your Diwali at Stake: Win A Share from a $25K Raffle!
- Join Stake's Diwali celebration and stand a chance to win a share from a $25,000 prize pool.
- Simply wager at least $100 on casino games to enter the raffle.
- The promotion is valid until November 3rd, 2024.
- A total of 100 players will be chosen in the raffle and will receive an equal share of the prize pool.
Read Full Article
21 Likes
Bitcoinchaser
2w
47
Image Credit: Bitcoinchaser
Crypto Gambling Mistakes and How to Avoid Them
- When it comes to gambling with cryptocurrency, one significant mistake is not grasping the volatility of cryptocurrencies, which can lead to unexpected losses if not careful.
- A common crypto gambling mistake is not doing enough research on the casino you’re using, which can expose you to scams or poor experiences.
- Many people assume that crypto casinos allow complete anonymity, but that’s not always the case, as many platforms enforce KYC requirements especially when you try to withdraw large sums.
- Security is critical in the world of cryptocurrency, so if you don’t secure your wallet and casino account, you’re leaving yourself vulnerable to hackers and unauthorized access.
- Trusting a game’s fairness is essential for a good gambling experience, so many crypto casinos use provably fair technology, which is a system that allows players to verify the fairness of game outcomes.
- By learning from common crypto gambling mistakes and making informed decisions, you’ll be better equipped to minimize risks and maximize enjoyment while navigating this landscape.
Read Full Article
2 Likes
Altcoinbuzz
2w
8
MicroStrategy’s Bold $42B Bitcoin Investment Plan
- MicroStrategy plans to invest $42 billion in Bitcoin over the next three years.
- The investment plan includes an ATM equity offering of $21 billion and raising $21 billion in fixed-income securities.
- MicroStrategy aims to expand its Bitcoin holdings and believes its value will increase over time.
- The company sees Bitcoin as a future major player in the financial industry.
Read Full Article
Like
Newsbtc
2w
137
Image Credit: Newsbtc
Bitcoin Consolidates Near ATH – Volume Suggests A Big Move Ahead
- Bitcoin has been trading in a tight 4-hour range between $71,300 and $73,300, indicating a potential significant move.
- Trading volume has decreased, suggesting consolidation before a major price swing.
- Anticipation is building ahead of the U.S. election, with market sentiment optimistic for Bitcoin to break out of the range.
- Bitcoin is poised to test new all-time highs, with potential market impacts depending on the election outcome.
Read Full Article
8 Likes
For uninterrupted reading, download the app