MicroStrategy Continues Bitcoin Buying Spree, Adds $561 Million Worth of BTC
Nasdaq-listed business intelligence firm MicroStrategy has announced the acquisition of an additional 5,262 bitcoin at an average price of $106,662 per BTC, with the purchase costing the firm around $561 million in total.
In a post on the microblogging platform X, the companyās co-founder and chairman, Michael Saylor, revealed that the firm has achieved a BTC Yield of 47.4% so far this quarter, and 73.7% year-to-date, and now holds 444,262 BTC that were acquired for $27.7 billion.
New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding
San Jose, Costa Rica, December 23rd, 2024, Chainwire
Winna.com, a crypto-focused casino gaming platform launched in the summer of 2024, has successfully raised $15 million in a seed funding round, as first reported byĀ Crunchbase.
The investment will support Winna.com in enhancing its product offerings and accelerating its growth. The platform already boasts a thriving community of over 10,000 active players, signaling strong early traction in the competitive online gambling space.
Pepetoās $2.8M Presale Highlights Vision for Supporting Memecoins Ahead of 2025
San Francisco, united states, December 23rd, 2024, Chainwire
The memecoin market is witnessing rapid innovation, with Pepeto ($PEPETO) emerging as a project focused on enhancing the memecoin ecosystem. Through its multifaceted platform, Pepeto offers a suite of tools including a zero-fee trading platform, a blockchain bridge, and a token swap solution, designed to improve interoperability, accessibility, and liquidity for memecoins.
The Future of Crypto in 2025: Highlights From Coinbase Institutionalās Market Outlook
The recently-released 2025 Crypto Market Outlook report by Coinbase Institutional provides a comprehensive analysis of the cryptocurrency industryās trajectory.
Cryptocurrencies are evolving beyond their speculative origins, with the total market capitalization surging 96% in 2024 to reach $3.4 trillion by December. Coinbase attributes this growth to significant milestones such as the approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the U.S. and the rapid proliferation of t
Crypto Market Is Down 14% Since the Fed Cut Rates: the Role of Rising U.S. Treasury Yields
The cryptocurrency market has experienced significant losses in the aftermath of the Federal Reserveās December 18, 2024, policy announcement. Total cryptocurrency market capitalization has plunged from $3.66 trillion on December 17, just 24 hours before the Fedās announcement, to $3.16 trillion as of December 23.
Source: TradingView
This $500 billion, or 13.6%, loss in under a week highlights the influence of rising U.S. Treasury yields, which are tightening financial conditions and putting
SilentBerry Secures Strategic Investment From CKB Eco Fund to Pioneer Blockchain Publishing
Helsinki, Finland, December 23rd, 2024, Chainwire
SilentBerry, a decentralized publishing platform utilizing theĀ RGB++ protocol, has announced a strategic investment from theĀ CKB Eco Fund. This collaboration aims to enhance the platformās innovative approach to integrating authors and readers within the blockchain ecosystem.
SilentBerryās model enables authors to inscribe their book content directly onto the Bitcoin blockchain, converting ownership and revenue rights into digital assets. These
O.XYZ Launches OSOL100 AI Index ā the S&P 100 of Solanaās AI Ecosystem
Lahore, Pakistan, December 23rd, 2024, Chainwire
O.XYZ, the leading decentralized Super AI project, announces the launch ofĀ OSOL100, a first-of-its-kind AI index token designed to capture the cumulative value of Solanaās top 100 AI projects. This innovative token provides users with direct exposure to Solanaās AI infrastructure, agents, and meme tokens, all through one easily managed and fully transparent investment tool.
OSOL100 simplifies investment strategies while enhancing portfolio diver
The total market capitalization of the cryptocurrency market has dropped by around $42 billion over the last 24-hour period as the prices of major cryptocurrencies, including bitcoin, Ethereumās ether, and XRP, see drops between 1% and 2.7%.
Despite the drop, BTC is now trading at $96,000 after rising more than 2.6% from the December low around $92,500 seen after the Federal Reserve cut interest rates by 25 basis points, but comments from Chair Jerome Powell suggested a more hawkish stance, sug
Why Is XRP Down? Dec. 23rd Update and Price Analysis
XRP has faced a significant downturn in recent days, with its price dropping nearly 20% from an intraday high of $2.7255 on December 17 to $2.20 as of December 23, 2024. This decline comes amid broader struggles in the cryptocurrency market, where macroeconomic factors have driven a sharp sell-off. Despite the absence of fundamental issues specific to XRP, a combination of tightening global liquidity and a hawkish Federal Reserve stance has put pressure on the entire crypto sector.
The Rising U.S. Dollar: What It Means for Bitcoin, Ethereum, and Other Cryptocurrencies in 2025
On December 23, pseudonymous analyst Marty Marty shared an analysis of the U.S. Dollar Index (DXY), highlighting its potential impact on financial markets, including cryptocurrencies.
Very interesting position on the DXY right now ā either it goes to July 2023 levels in the 115 range out the double bottom or its in a rising wedge and sets a lower high. The suspense this week will affect all markets.Remember everything is based on dollar pricing, if theā¦ pic.twitter.com/uH31qCrt4D
Charles Hoskinson Reflects on Cardanoās Journey and Future
On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardanoās governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year. He offered a roadmap for Cardanoās evolution and expressed his steadfast commitment to the community-driven principles at the heart of the ecosystem.
Gud Tech, Zircuitās First AI Fair Launch, Surpasses $9M in Staking Value
George Town, Grand Cayman, December 22th, 2024, Chainwire
Gud Tech, Zircuitās first multichain AI platform for automated finance, is thrilled to announce the success of its $GUD token launch. Built on Zircuit, the AI-powered blockchain for secure DeFi and staking, $GUD is reshaping token distribution with a community-first approach, prioritizing inclusivity and decentralization.
In its first week, the $GUD launch has seen overĀ 127M $ZRC tokens staked, locking a total ofĀ $9M USD in value. These
Does Ethereum Need Its Own Michael Saylor? a Look At the Crypto Communityās Reaction
Anthony Sassano, a prominent Ethereum advocate and educator, posed an intriguing question on X (formerly Twitter) on Dec. 22, 2024: Does Ethereum (ETH) need a Michael Saylor-like figure to promote it? This refers to Saylorās role as a Bitcoin evangelist, whose outspoken support and corporate strategy at MicroStrategy have helped popularize Bitcoin as a store of value. Sassanoās question sparked a lively debate, with responses from across the crypto community offering a wide range of perspectives
Tether CEO Says His Firm Wants to Drive Toward a āCrypto Payment Solutions Relationship With Rumbleā
Video-sharing platform Rumble (Nasdaq: RUM) says it has signed a strategic partnership with Tether (USDT), as part of which it will receive $775 million from the stablecoin issuer. The investment involves Tether purchasing 103.33 million shares of Rumbleās Class A common stock at $7.50 per share.
Rumble plans to use $250 million of the funds to expand its business. The rest will be allocated to a self-tender offer, allowing shareholders to sell up to 70 million shares of Class A common stock ba
Bitcoin Whales Scoop Up $1 Billion Worth of BTC During Dip
The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low.
The cryptocurrency has, however, since started recovering and despite still being down more than 6.8% in the last 24-hour period, itās now trading at $95,600 according to available market data.
According to popular cryptocurrency analyst Ali Martinez,
Dubai, United Arab Emirates, December 20th, 2024, Chainwire
In a significant move, Binance Futures, the leading cryptocurrency derivatives exchange platform, todayĀ announced the launchĀ of its CGPT/USDT Perpetual Contract. This latest addition expands the platformās trading offerings while highlighting the growing prominence of AI-focused cryptocurrencies in the digital asset ecosystem.
The new perpetual contract introduces advanced trading capabilities for ChainGPT token (CGPT), offering trade
The price of the meme-inspired cryptocurrency Dogecoin is down nearly 7% over the last 24-hour period to now stand at $0.31 per DOGE, down from around $0.40 a week ago amid a wider cryptocurrency market downturn.
According to CryptoCompare data, DOGE has lost around 24% of its value over the past week and is underperforming most other top digital currencies, which started plunging after the Federal Reserveās Chair Jerome Powell suggested there will be fewer interest rate cuts next year.
Whatās Behind the Pre-Christmas Crypto Crash? Jamie Coutts Breaks It Down
Crypto markets are in turmoil, with steep declines in major assets like Bitcoin and Ethereum since Dec. 18, 2024. The downturn began immediately after the Federal Reserveās FOMC meeting, where policymakers issued a cautious statement about monetary policy and Jerome Powell, the Fed Chair, provided remarks that spooked markets. Jamie Coutts, the Chief Crypto at Real Vision, explains how tightening liquidity and macroeconomic factors are driving the sell-off.
Milestone Onchain Loan Backed By Real Land in Los Angeles
Whittier, California, December 20th, 2024,
NFTfi.com, a leading NFT lending protocol, andĀ Fabrica, a real land tokenization platform, today announced a $200,000 loan secured by a tokenized plot of Los Angeles real land.Ā
This milestone transactionĀ marks the largest land-backed loan in blockchain history and demonstrates the growing practical application of decentralized finance (DeFi) in traditional real estate markets.
The cryptocurrency market is down by over $200 billion in the last 24-hour period and by around $600 billion in the past week amid a significant downtrend that has been caused by several factors, including the Federal Reserve cutting interest rates by 25 basis points and its Chair Jerome Powell suggesting fewer cuts are coming next year.
Powellās comments dampened investor sentiment and affected risk assets across markets, with the S&P 500 losing around 3.2% of its value since the comments were