Category: billion
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Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
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This article is also available in Spanish. The latest on-chain data shows that the stablecoin market is approaching a new phase in terms of valuation. Here’s how increased liquidity could impact Bitcoin and the overall cryptocurrency market. Could a Stablecoin Cap Send Bitcoin Price to $100,000? IntoTheBlock’s market intelligence platform…
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Stablecoin Market Capitalization Nears $200 Billion — Bitcoin Price To Resume Rally?
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This article is also available in Spanish. The latest on-chain data shows that the stablecoin market is approaching a new phase in terms of valuation. Here’s how increased liquidity could impact Bitcoin and the overall cryptocurrency market. Could a Stablecoin Cap Send Bitcoin Price to $100,000? IntoTheBlock’s market intelligence platform…
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Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian
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Vivek Ramaswamy, a government efficiency aide appointed by Donald Trump, has signaled his intention to scrutinize the loan the Biden administration granted to electric vehicle manufacturer Rivian, a Tesla competitor. Ramaswamy, founder of several biotechnology companies known collectively as “Vans“, is set to take charge of the quasi-official Department of…
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Trump re-election predicted to boost UK with $33 billion in Chinese investment
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The re-election of Donald Trump as US president could lead to a major shift in Chinese investment, with the potential for $33 billion for the UK, according to leading UK-based venture capital firm Fuel Ventures. The company believes that the changing dynamics in US leadership will encourage Chinese investors to…
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Direct Line Rejects £3.3 Billion Takeover Offer From Aviva
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Breadcrumb links BMN Business Direct Line Insurance Group Plc has rejected a £3.3 billion ($4.2 billion) takeover bid from Aviva Plc, rejecting a second suitor this year. Article writer: Bloomberg News Ek Henning, Dinesh Nair, and Jan-Henrik Forster Posted on November 27, 2024 • 2 min read You can save…
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Crypto Inflows Hit Record $3.1 Billion, Led by Spot ETFs
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This article is also available in Spanish. The cryptocurrency market witnessed a significant event last week, with investment products recording approximately $3.13 billion in net inflows globally, primarily driven by US exchange-traded funds (ETFs), according to Data From Queen Shares. This increase highlights the growing institutional interest and confidence in…
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MicroStrategy Adds 55,500 More BTC To Its Portfolio For $5.4 Billion
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Business intelligence firm MicroStrategy dramatically increased its purchases of Bitcoin (BTC) this month in response to bullish sentiment following President-elect Donald Trump’s November 5 victory. The company’s recent acquisitions have brought its total Bitcoin holdings to about $38 billion. Convertible notes are fueling massive purchases of Bitcoin On November 25,…
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Bitcoin Whales Remain Determined, $3.96 Billion Worth Of BTC Gobbled Up In 96 Hours
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All eyes are on Bitcoin, especially as many traders continue to expect a breakout above the $100,000 level. This anticipation has turned into a Increase in activityespecially among Bitcoin whales. Interestingly, Bitcoin whales are making bold statements amid the anticipation, with on-chain data indicating that more than 40,000 BTC have…
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Bitcoin Whales Remain Determined, $3.96 Billion Worth Of BTC Gobbled Up In 96 Hours
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All eyes are on Bitcoin, especially as many traders continue to expect a breakout above the $100,000 level. This anticipation has turned into a Increase in activityespecially among Bitcoin whales. Interestingly, Bitcoin whales are making bold statements amid the anticipation, with on-chain data indicating that more than 40,000 BTC have…
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Lutnick’s Cantor eyes $2 billion Bitcoin lending program with Tether
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Howard Lutnick is moving to strengthen his alliance with one of the most important and controversial names in the digital asset space: Tether Holdings Ltd. Lutnick is in talks to deepen financial ties between his companies and the company behind the world’s largest stablecoin, according to people familiar with the…
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COP29: Wealthy polluters to pay $300 billion a year
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The world agreed on Sunday to a bitterly negotiated climate deal that requires wealthy historic polluters to pay $300 billion annually to poor and vulnerable countries that have demanded more to confront the global warming crisis. After two exhausting weeks of chaotic bargaining and sleepless nights, nearly 200 countries voted…
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Bitcoin Clears $98,000 As Crypto Inflows Exceed $62 Billion
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Bitcoin hit a new all-time high (ATH) above the $98,000 mark today, as on-chain data shows that inflows of the cryptocurrency have surged significantly. Capital flows into the cryptocurrency market now stand at around $63 billion per month According to the latest weekly report from the on-chain analytics company Vitreous…
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Advance Plans to Borrow Against $1.2 Billion Reddit Stake
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(Bloomberg) — A Reddit Inc. shareholder is seeking… to establish credit facilities using an ownership stake in the company, according to a person familiar with the matter. Most read from Bloomberg Advance Magazine Publishers Inc., the arm of the Newhouse family’s publishing empire that owns Conde Nast, is offering 7.8…
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Microsoft Should Buy $78 Billion Worth of Bitcoin
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As someone who has used Microsoft products my whole life, it pains me to see them dipping into the Bitcoin bag. Company $78 billion cash reserve It loses its value daily. At the same time, they stubbornly refuse to follow MicroStrategy’s proven strategy – converting those melting dollars into scarce…
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$2 Million PEPE Purchase Sees 105 Billion Tokens Snapped Up
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They say journalists never stop working. But for Christian, this is not just a metaphor, it is a way of life. By day, he navigates the ever-changing tides of the cryptocurrency market, using words like a seasoned editor and crafting articles that decode jargon for the masses. When a computer…
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‘London’s best-kept secret’: Inside the $1.1 billion midnight market that fuels Harrods, Claridge’s and the capital’s Michelin-starred restaurants
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By the time most Londoners had rolled out of bed on Monday morning, Garry Marshall had already finished his day at New Covent Garden Market. Located on the south bank of the River Thames, surrounded by high-rise buildings sparkling in the early winter dawn, the wholesale market is the UK’s…
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Bitcoin, Ethereum Inflows Surge As Crypto Fund Flows Hit $116 Billion Record High
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CoinShares, a leading crypto asset manager, has released its latest report titled “Weekly Digital Asset Fund Flows.” a report“, which highlights the noticeable rise in investment flows after the US elections. $116 billion USD record high inflows into cryptocurrency funds The report revealed that digital asset investment products attracted inflows…
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Solana Market Cap Surpasses $100 Billion, Setting Up SOL For Potential ATH Rally
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This article is also available in Spanish. Solana (SOL) recently saw its market cap soar past $100 billion, paving the way for a potential all-time high (ATH) for its native SOL token. Solana regains $100 billion market cap, is SOL ATH imminent? Solana, currently the cryptocurrency with the fourth-largest market…
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Solana Market Cap Surpasses $100 Billion, Setting Up SOL For Potential ATH Rally
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This article is also available in Spanish. Solana (SOL) recently saw its market cap soar past $100 billion, paving the way for a potential all-time high (ATH) for its native SOL token. Solana regains $100 billion market cap, is SOL ATH imminent? Solana, currently the cryptocurrency with the fourth-largest market…