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Cryptography News
Coinjournal
3w
206
Image Credit: Coinjournal
MicroStrategy acquires 15,350 Bitcoin, now holds 439,000 BTC valued at over $45B
- MicroStrategy has acquired an additional 15,350 Bitcoin worth around $1.5 billion, bringing its total holdings to 439,000 BTC valued at $45 billion.
- The recent purchase was made between December 9, 2024, and December 15, 2024, at an average price of $100,386 per Bitcoin.
- MicroStrategy's year-to-date Bitcoin yield is 72.4% and its quarter-to-date yield is 46.4%.
- The company's addition to the Nasdaq-100 Index on December 23 is expected to increase Bitcoin exposure for large pension funds, sovereign wealth funds, and individual retirement accounts worldwide.
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Cryptopotato
3w
396
Image Credit: Cryptopotato
Yei Finance Secures $2M Seed Funding to Advance Omnichain Modular Lending
- Yei Finance has secured $2M in seed funding to advance omnichain modular lending.
- The funding round was led by Manifold, with participation from other notable partners.
- The investment will support the development of Yei Finance V2, aimed at addressing inefficiencies in the current DeFi ecosystem.
- The vision for V2 includes features such as modular lending markets, a dedicated app chain, and an omnichain money market.
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23 Likes
Cryptopotato
3w
224
Image Credit: Cryptopotato
MamaFi Raises $2,756,535 in Private Sale, Strengthening Its Ethereum Layer 2 Ecosystem
- MamaFi, an Ethereum Layer 2 platform, has raised $2,756,535 in its private sale.
- Key features of MamaFi include tokenization without coding expertise and decentralized governance.
- The platform focuses on democratizing meme coin creation and trade.
- MamaFi leverages Ethereum Layer 2 for lower costs, faster processing speeds, and scalability.
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13 Likes
Cryptoslate
3w
299
Image Credit: Cryptoslate
MicroStrategy marks sixth consecutive week of Bitcoin purchase with additional 15,350 BTC for $1.5 billion
- MicroStrategy, led by Michael Saylor, has purchased 15,350 Bitcoin for $1.5 billion.
- This marks the sixth consecutive week of Bitcoin purchases by the company.
- MicroStrategy now owns 439,000 Bitcoin, representing over 2% of the total supply.
- The company's cumulative investment in Bitcoin stands at $27.1 billion.
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Financemagnates
3w
308
Image Credit: Financemagnates
Ripple Warns of Volatility in RLUSD Stablecoin as Pre-Launch Bids Soar
- Ripple warns of volatility in RLUSD stablecoin as pre-launch bids soar
- Ripple's Chief Technology Officer cautions investors about potential supply shortages and advises against FOMO behavior
- Unusually high pre-launch bids for RLUSD indicate heightened speculative interest
- Ripple assures users that RLUSD will stabilize once supply and demand achieve equilibrium
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Cryptopotato
3w
378
Image Credit: Cryptopotato
Borderless.xyz Sets Security Standard for Stablecoin Industry, Achieves SOC 2 Type 1 Certification
- Borderless.xyz, a global payments infrastructure company, has achieved SOC 2 Type 1 certification.
- The certification demonstrates Borderless.xyz's commitment to risk management, operational excellence, and cybersecurity.
- Customers can now have increased confidence in the security and compliance of their sensitive information and business operations.
- Borderless.xyz invites customers to learn more about its SOC 2 report and ongoing security practices.
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22 Likes
Coindoo
3w
228
Comparison And Benefits of Top 3 Bridge Aggregators
- Socket is a bridge aggregator known for its modular design and extensive support for cross-chain transfers.
- Benefits of Socket: Modular Infrastructure, Broad Blockchain Support, Developer Tools, Optimal Cross-Chain Transfers.
- Rubic is both a DEX and a bridge aggregator, enabling cross-chain swaps across more than 90 blockchains.
- Benefits of Rubic: Wide Range of Integrations, User-Friendly Interface, Cost-Effective Solutions, Security and Trust.
- Jumper Exchange is a multi-chain platform that leverages the power of LI.FI to support cross-chain transactions across 17 networks.
- Benefits of Jumper Exchange: Smart Routing, Gas Refuel Function, Optimized for Speed, Comprehensive Support.
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13 Likes
Cryptopotato
3w
149
Image Credit: Cryptopotato
Cardano Price Analysis: This Resistance Blocks ADA’s Path Toward $2
- Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high.
- The $1.2 resistance level is preventing further rise in the ADA/USDT chart, while the market remains bullish as long as the $0.75 support zone holds.
- The ADA/BTC chart shows a head and shoulders pattern above the 1000 SAT area, with a potential drop towards the 200-day moving average if the neckline breaks down.
- If the 1000 SAT area holds, a rally towards the 1500 SAT resistance zone is likely in the coming weeks.
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9 Likes
Cryptopotato
3w
184
Image Credit: Cryptopotato
Here’s What Needs to Happen for ETH to Break its All-Time High Soon: Ethereum Price Analysis
- Ethereum faces rejection at $4K resistance and retraces to $3.5K support level.
- Strong buying pressure triggers impulsive rally, approaching $4K resistance for potential breakout.
- Breaking above $4K could lead to short-squeeze and propel Ethereum higher.
- Increasing funding rates indicate bullish sentiment for further gains in mid-term.
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11 Likes
Coindoo
3w
422
Image Credit: Coindoo
Forbes Web3 Celebrates Innovation: Legacy Pass Members Showcased in the Forbes Magazine
- Forbes Web3 proudly showcases the community members who hold the Forbes Legacy Pass in its December 2024/January 2025 issue.
- The Forbes Legacy Pass is a transformative experience that grants members exclusive access to global Forbes Web3 events, curated artist drops, and a global community of thinkers and doers.
- Users can apply for a Forbes Legacy Pass membership and become part of the trailblazers community by visiting Forbes Legacy Pass.
- Forbes is a renowned brand that recognizes and celebrates success, bringing together influential leaders and entrepreneurs who are making a significant impact on the world.
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25 Likes
Coindoo
3w
22
Image Credit: Coindoo
Eliza Labs and Stanford University’s FDCI to Explore AI Agents Impact on Digital Currency Systems
- Eliza Labs and Stanford University’s FDCI form a partnership.
- They will explore the impact of AI agents on digital currency systems.
- The collaboration aims to develop trust mechanisms, study multi-agent economic systems, and create protocols for decentralized agent governance.
- The research program will produce open-source frameworks, simulation platforms, and practical applications.
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1 Like
Coinjournal
3w
52
Image Credit: Coinjournal
Weekly Price Analysis: The Market Recovers from Technical Selloff
- Bitcoin closes the week at $102,800 after recovering from a price decline.
- Bitcoin reaches a new all-time high of $106,000 driven by positive ETF inflows.
- Ethereum rebounds from $3,500 to $4,000, while Solana's price declines.
- Ripple's price action remains bullish with a new ATH of $2.90.
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3 Likes
Cryptoslate
3w
176
Image Credit: Cryptoslate
$3.2 billion crypto inflow marks 10-week streak as Trump election victory boosts confidence
- The crypto sector experienced $3.2 billion in inflow last week, extending its streak to 10 consecutive weeks.
- Bitcoin-related investment products saw inflows totaling $2 billion, with over $11 billion in inflows since Trump's election victory.
- Trading volumes in Bitcoin ETPs averaged $21 billion weekly, accounting for 30% of Bitcoin trading activity on trusted exchanges.
- Ethereum maintained its streak of inflows, with $1 billion added and improved sentiment in Ethereum ETPs.
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10 Likes
Cryptoslate
3w
30
Image Credit: Cryptoslate
Ripple RLUSD investors warned against FOMO as stablecoin trades well above peg pre-launch
- Ripple CTO David Schwartz has urged potential investors to avoid panic-driven purchases of the Ripple USD (RLUSD) stablecoin before its official launch.
- Schwartz warned of a possible initial supply shortage, which could cause price fluctuations for the dollar-pegged asset.
- Early buyers might pay inflated prices for the novelty of owning the first RLUSD tokens, but the stablecoin's price is expected to stabilize near $1.
- Schwartz emphasized that RLUSD is not designed as a speculative asset and urged investors to avoid fear-driven purchases.
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1 Like
Coinjournal
3w
378
Image Credit: Coinjournal
Bitcoin reaches new all-time high of above $106,000
- Bitcoin hit $106,400 in the early hours of December 16
- Crypto trader believes the next three to four weeks are going to be significant for Bitcoin if history repeats
- Investors believe Bitcoin reaching $120,000 by the end of 2024 is achievable
- President-elect Donald Trump is considering plans to create a US Bitcoin strategic reserve
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