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Crypto
MicroStrategy Announces $700 Million Raise To Redeem Senior Secured Notes
MicroStrategy, a leading business intelligence and Bitcoin development company, has announced a proposed private offering of $700 million in convertible senior notes, due 2028. The offering will be made to institutional buyers under Rule…
Crypto Millionaire Loses $43 Million In Trading Bet, Rakes Up $132 Million
The crypto industry is known for its volatility and high-risk trading, which can turn sour if not properly managed, even for very experienced crypto traders. One such loss is the case of crypto millionaire James Fickel, who has…
Detroit Aims to Drive Digital Asset Innovation on Day Three of the America
Crypto-natives and fans of Detroit rapper Big Sean flocked to the Lager House, just outside of downtown Detroit, for the third stop of the America Loves Crypto Tour. The event provided both an evening of live entertainment and a call to…
Justin Sun Blasts Coinbase And cbBTC, Says Launch “A Dark Day For Bitcoin”
Justin Sun, the co-founder of Tron, a smart contracts platform and one of many blockchains competing with Ethereum, has an issue with the recently launched cbBTC, a wrapped Bitcoin token by Coinbase, a top crypto exchange…
Trump Election Victory Could Send Bitcoin to $125,000, Says Standard
According to Geoff Kendrick, Head of Crypto Research at Standard Chartered bank, a Donald Trump victory in the 2024 U.S. presidential election could drive Bitcoin to $125,000. However, Kendrick notes that new all-time highs (ATHs) for…
Crypto Hack: Indonesia’s Indodax Goes Offline After Suspected $22M Breach
Indonesian cryptocurrency exchange Indodax is the latest to fall victim to a hack, resulting in the theft of approximately $22 million in digital assets.
Indodax Pauses Platform Operations Due To Security Breach
According to a…
Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE
Standard Chartered has officially launched its digital asset custody service in the UAE, according to an announcement from the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai…
Are Miners Betting On Rally?
On-chain data shows that the Bitcoin Mining Hashrate has just set a new all-time high (ATH) despite the asset’s bearish trajectory.
7-Day Average Bitcoin Mining Hashrate Has Shot Up Recently
The “Mining Hashrate” refers to a…
Bitcoin’s Potential Rally Amid U.S. Dollar Weakness
Bitcoin and the U.S. dollar have a long-standing inverse correlation, notably when observing the Dollar Strength Index (DXY). When the dollar weakens, Bitcoin often gains strength, and this dynamic might now be setting the stage for…
WisdomTree To 3-Year Withdraw Ethereum Trust Registration Statement
American investment company WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after submission to the US Securities and Exchange Commission (SEC). This development comes a few hours after…