Category: billion
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Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs
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This article is also available in Spanish. Ethereum is up an impressive 35% since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment has become increasingly optimistic, driven by rising Ethereum chain activity. Key data from IntoTheBlock reveals…
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Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs
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This article is also available in Spanish. Ethereum is up an impressive 35% since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment has become increasingly optimistic, driven by rising Ethereum chain activity. Key data from IntoTheBlock reveals…
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Hedge Funds Shorting Tesla Just Lost More Than $5 Billion
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Breadcrumb links BMN Business Since Donald Trump won the election, hedge funds holding bets against Tesla have lost billions of dollars, as they feel the repercussions of the special relationship between the president-elect and Elon Musk. Article writer: Bloomberg News Ishika Mukherjee Posted on November 10, 2024 • 3 minute…
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Massive Day For BlackRock’s Bitcoin ETF As Trading Volume Reaches Unseen Levels With $4.1 Billion Traded
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In November. 6, Black Rock iShares Bitcoin Trust (IBIT) has achieved an unprecedented trading milestone, with trading volume soaring to $4.1 billion in a single day – an all-time high. This rise, following the re-election of Donald Trump as President of the United States, indicates a strong wave of institutional…
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Tax disputes deny KRA Sh313 billion in revenue
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Court cases have led to the withholding of Sh313.5 billion in uncollected taxes, highlighting the negative impact of disputed orders on the Kenya Revenue Authority (KRA) revenue increase. This was included in disclosures released by the Parliamentary Budget Office (PBO) which showed 747 cases in the Tax Appeal Tribunal (TAT)…
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Investors Scoop $4.16 Billion In Four Days
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Opeyemi is a skilled writer and enthusiast of the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has remained quite drawn since he forayed into this space over the course of two years. Now, Opeyemi takes pride in creating unique pieces…
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Donald Trump will make a $400,000 salary as president. His shares in Trump Media could keep him rich to the tune of $8 billion
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Donald Trump has bragged about his personal wealth for decades. But the dollar figure was never publicly released or settled. Now that he has been elected president for the second time, his actual net worth could fluctuate dramatically. First, as president, he will receive an annual salary Salary: $400,000On the…
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Mt. Gox Mystery: Defunct Exchange Moves Over $2 Billion In Bitcoin
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Mount Gox is back in the news, this time, Transfer of 32,371 BitcoinWorth $2.19 billion at current prices, to an undisclosed address. The transaction from the defunct cryptocurrency exchange occurred when Bitcoin’s market price was stuck in the $65,000 to $73,000 range and anticipating the US election results. Arkham Intelligence…
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Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought
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This article is also available in Spanish. Dogecoin has achieved another historic milestone Dogecoin whales It recorded its largest accumulation week since January 2024. More than 2.1 billion DOGE tokens were purchased during this period, underscoring renewed interest and renewed confidence in the comic-themed meme coin among major high-profile investors.…
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Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks
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This article is also available in Spanish. A recent report from cryptocurrency data and research firm Messari highlighted the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights the combination of growth and challenges that blockchain faces amid widespread volatility in the cryptocurrency market…
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Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
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Breadcrumb links PMN BMN Business Article writer: Associated Press Josh Funk Published on November 02, 2024 • Last updated 2 hours ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Contributor Tina Schmidt of…
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Presidential Advisor Ramaswamy Unveils Bitcoin Integration In Strive’s $1.7 Billion Strategy
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On Friday, Strive Asset Management, a company co-founded by investor and presidential advisor Vivek Ramaswamy, Announce Launching a new wealth management department. The initiative aims to provide “true financial freedom” to clients by integrating Bitcoin into investment portfolios as a hedge against long-term economic risks. We strive to focus on…
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BNB Token Burn: $1 Billion Of Tokens Sent To ‘Black Hole’ Address — Impact On Price?
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On Friday, November 1, BNB Announce Successful completion of the 29th quarterly burn of the BNB chain. This latest routine token burning event underscores the project’s commitment to a deflationary approach in order to ensure growth. A total of 1,772,712,363 BNB tokens (worth approximately $1.07 billion) were spontaneously burned in…
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$2.3 Billion Gains And What Lies Ahead For The Stablecoin
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This article is also available in Spanish. On Thursday, Tether (USDT), the largest coin in the world, was traded Stablecoin sourcereleased its third-quarter (Q3) Assurance Opinion report, revealing big financial results amid a broader market recovery led by Bitcoin (BTC). Tether’s total assets reach an all-time high Conducted by accounting…
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$2.3 Billion Gains And What Lies Ahead For The Stablecoin
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This article is also available in Spanish. On Thursday, Tether (USDT), the largest coin in the world, was traded Stablecoin sourcereleased its third-quarter (Q3) Assurance Opinion report, revealing big financial results amid a broader market recovery led by Bitcoin (BTC). Tether’s total assets reach an all-time high Conducted by accounting…
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October Crypto Losses Drop, But Total Hacks Still Top $1.4 Billion This Year
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According to another a report From blockchain security company Immunefi, the cryptocurrency sector will face continued challenges with hacks and scams in 2024. The report highlights that although exploitation losses have declined month-on-month, the industry has seen more than $1.4 billion lost due to 179 hacks and scams this year.…
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MicroStrategy About To Increase Its Bitcoin Stash By Over 4x With New $42 Billion Plan
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Accurate strategy It has shocked the cryptocurrency community with its latest plans to 4X its Bitcoin holding with an impressive $42 billion capital plan. MicroStrategy is known for its consistent Bitcoin accumulation strategy BTC was constantly boughtstrengthening its position as the largest cryptocurrency holder in the world. If the company…
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IMF approves Sh78.3 billion loan to Kenya
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The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of a 78.3 billion shillings ($606.1 million) loan to Kenya, opening the way for new financing for the country following a lengthy review of the program following the withdrawal of the 2024 Finance Bill. The disbursement, which…
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Trump Media soars to $10 billion market cap, overtaking the value of X, which has hundreds of millions more users
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Donald Trump’s social media startup Truth Social is worth more than X, formerly known as Twitter. Thanks to the stock price surge in the final days before the election, the market capitalization of Trump Media and Technology Group (TMTG) has now surpassed that of Elon Musk’s Company X. I took…