Author: Investor Empires
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Nic Carter Is Wrong About the US Strategic Bitcoin Reserve
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When I saw Nick Carter Recent Bloomberg interviewI couldn’t help but shake my head. Nick, who has been a long-time Bitcoin supporter and someone I respect, said the US should not and will not buy Bitcoin for its strategic reserves because it would supposedly signal a weaker dollar on the…
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Honda and Nissan explore merger amid EV market pressures
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Honda and Nissan, two of Japan’s largest automakers, are set to begin discussions about a possible merger amid fierce competition in the rapidly developing field of electric vehicles. Both companies issued near-identical statements confirming that they are exploring ways to deepen collaboration and will update stakeholders in due course. While…
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Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin
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This article is also available in Spanish. XRP whales have been in immediate buying mode with blockchain payments company Ripple officially on the way Fired Its dollar-backed stablecoin, RLUSD, will be traded on several global cryptocurrency exchanges on Tuesday. The stablecoin is now available for trading on Bitso, Uphold, CoinMENA,…
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HYCU® Spotlighted Across 98 G2 Reports with Leadership Status in Seven
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on December 18, 2024 • 4 minutes…
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El Salvador’s Bitcoin Holdings Cross $632 Million, Drawing Bukele’s Praise
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A South American country is among the bitcoin investors to benefit greatly from the Donald Trump-fueled cryptocurrency bull market as its digital asset portfolio reaches new heights, analysts report. The value of El Salvador Bitcoin Holdings rose to $632 million after the top cryptocurrency reached a new all-time high of…
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Ashot Ashkelon wins NIS 146m Defense Ministry order
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Ashot Ashkelon Industries Limited (level:Let’s say), controlled by FIMI Opportunity Funds, received an order worth NIS 146 million from the Israeli Ministry of Defense Procurement Department for the manufacture and supply of 1,200 hp transmissions. At the end of the third quarter of 2024, the value of Ashot Ashkelon’s backlog…
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Ethereum On-Chain Demand Should Sustain ETH Above $4,000, IntoTheBlock Says
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This article is also available in Spanish. Market intelligence platform IntoTheBlock revealed how Ethereum has built strong on-chain demand zones that should keep it afloat above $4,000. Ethereum has two major support positions just below the current price In new mail On X, IntoTheBlock discussed what Ethereum’s on-chain demand zones…
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Layer 2 That Fixes Everything You Hate About Solana
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Bitcoin (BTC) and Ethereum (ETH) ETFs have pushed institutional cryptocurrency adoption this year to new highs. In light of the new crypto-friendly US presidential administration and the broader rally, Bloomberg analyst Eric Balchunas expects to see more cryptocurrency ETFs in the coming year. This may include XRP (XRP), Solana (SOL),…
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CEO Warns Bitcoin Must Drop To $16,500 To Trigger Collapse
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This article is also available in Spanish. MicroStrategy, the business intelligence firm co-founded by Bitcoin’s Michael Saylor, has significantly ramped up its Bitcoin acquisition strategy, with its holdings exceeding 400,000 BTC. However, concerns about the company’s financial stability linked to the price of Bitcoin have emerged, especially from Ki Young…
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UK Inflation Jumps to Eight-Month High Amid Fears of Stagflation
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Breadcrumb links BMN Business UK inflation rose to an eight-month high in November, raising fears that the economy will enter the new year burdened by so-called “stagflation” – anemic growth and high price rises. Article writer: Bloomberg News Irina Angel and Tom Rees Posted on December 18, 2024 • 2…
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Bitcoin Policy Institute Develops Executive Order Draft For Trump’s Strategic Reserve
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A newly disclosed public document reveals that the Bitcoin Policy Institute, a US research and advocacy group, has drafted an executive order aimed at classifying Bitcoin as a currency. Strategic reserve assets. This proposed order is designed to take effect immediately upon signing by President-elect Donald Trump on his first…
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Bitcoin Rally Leaves the World’s Original Crypto ETFs Behind
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(Bloomberg) — In a record-breaking year for Bitcoin, the creators of the world’s first ETFs holding the cryptocurrency appear at risk of being left behind. Most read from Bloomberg Bitcoin ETFs launched in Canada in February 2021, making them the first in the world. This led to billions of dollars…
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Bitcoin Could Peak Between $160,000 And $290,000 – Report
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This article is also available in Spanish. As we approach the end of the year, Bitcoin (BTC) continues to rise to new highs, setting a bullish outlook for the rest of the cycle. Bitfinex’s latest reports indicate when BTC’s peak could come and how much upside could be left for…
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Bitcoin Could Peak Between $160,000 And $290,000 – Report
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This article is also available in Spanish. As we approach the end of the year, Bitcoin (BTC) continues to rise to new highs, setting a bullish outlook for the rest of the cycle. Bitfinex’s latest reports indicate when BTC’s peak could come and how much upside could be left for…
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Guy Hands-linked property firm sells 36,000 military homes back to mod for £6bn
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Guy Hands’ property firm Annington has agreed to sell a portfolio of 36,347 military homes to the Ministry of Defense for nearly £6 billion, ending a long-running dispute between the billionaire investor and the UK government. The deal sees Annington, which was acquired by Hands’ private equity group Terra Firma…
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Just 104 Ethereum Whales Control 57% Of Supply, Data Reveals
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On-chain data shows that the most massive Ethereum whales control most of the supply, with their holdings continuing to grow. Huge Ethereum whales own more than 57% of all tokens in existence In new mail On X, on-chain analytics firm Santiment discussed what the supply of ETH held by different…