Bitcoin races toward $100K, but meme coins still found a way to shine. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Last Week Bitcoin Hit $90K as Trump, Musk, and Meme Coins Shook up the Market Bitcoin …
Yearly archives: 2024
Is Bitcoin heading back to $90K? Solana ETFs, and more: Hodler’s Digest, Nov. 17 – 23
A crypto trader mulls over whether Bitcoin will retrace back to $90,000, Solana ETF filings flood in and more: Hodlers Digest
The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake
The infamous 10,000 BTC mistake is often used by Bitcoin maximalists to extoll the virtues of ‘hodling’ the supply-capped asset.
Billionaire Warren Buffett Pours $752,000,000 Into New Assets After Dumping Apple, Bank of America
Billionaire Warren Buffett is pouring hundreds of millions of dollars into two new investments. Berkshire Hathaway’s new 13F filings show the firm’s holdings as of September 30th, confirming Buffett has dumped another 100 million shares of Apple (AAPL) and 243.8 million shares of Bank of America (BAC). After several massive sales across multiple quarters, Berkshire …
Asset Tokenization Altcoin Skyrockets by 110% in a Day Amid New Partnership With SEC-Registered Broker-Dealer
An asset tokenization altcoin is surging after announcing a new partnership with a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC). Earlier this week, asset tokenization platform Sologenic (SOLO) announced a partnership with Texture Capital, a US-based broker-dealer that specializes in blockchain technology and digital assets. News of the collaboration served as a …
One Factor Could Be Hinting at Speculative Overheating in the Crypto Market, According to IntoTheBlock
The digital asset analytics firm IntoTheBlock says certain factors could be hinting at “speculative overheating” in the crypto market. IntoTheBlock notes on the social media platform X that funding fees for perpetual swaps have jumped to more than 10% and even skyrocketed to 20% on major exchanges. “Such high costs signal growing bullish sentiment among …
Democratic SEC Commissioner Jaime Lizárraga Announces Plan To Step Down, Following Gary Gensler’s Footsteps
The U.S. Securities and Exchange Commission (SEC) could have a significantly different outlook on the crypto sector in 2025. On Friday, SEC Commissioner Jaime Lizárraga announced he would step down from his position in January, following in the footsteps of the regulator’s chair, Gary Gensler, who published a similar announcement the previous day. Both Gensler …
8,100 Banks and Financial Institutions Brace for Fallout As Hackers Reveal Major Data Breach on Dark Web: Report
Thousands of banks and financial institutions around the world are bracing for new developments on a third-party data breach. The financial services giant Finastra has confirmed it detected “suspicious activity” in an internal file transfer system. The breach, which was first reported by cybersecurity journalist Brian Krebs, was discovered after someone on the dark web …
NFT Fever Cools: Ethereum and Bitcoin NFT Sales Dive Amid Broader Crypto Growth
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81 …
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Vaneck Analysts Forecast Bitcoin’s Path to $180,000 Amid Regulatory Shift
Vaneck analysts Nathan Frankovitz and Matthew Sigel believe bitcoin’s price surge to record highs reflects a transformative moment for the digital asset, with a potential cycle target of $180,000 driven by favorable U.S. regulatory developments. Bitcoin Rallies on Regulatory Optimism, Vaneck Predicts More All-Time Highs According to Vaneck‘s mid-November analysis, bitcoin’s recent price spike highlights …
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Final Countdown for Crypto All-Stars as $5M+ Presale Enters Last Month Before Exchange Launch
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing about the project’s take on meme coin staking, which has helped it raise over $5 million in early funding. With just four weeks until the STARS token presale ends, could this be the last chance to get in on …
Bitcoin Open to a Bank Run, Smaller Parties Vulnerable to Death Spiral Event
Justin Bons, founder and CIO of Cybercapital, a European cryptocurrency fund, alerted about the vulnerability of smaller parties in the case of a bitcoin bank run. A price drop event would trigger the hypothetical event, forcing miners to shut down their operations due to unprofitability and affecting network operativity. Cybercapital CIO Justin Bons Alerts About …
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MARA Piles Into Bitcoin: 5,771 BTC Bought After $1B Note Offering
MARA Holdings Inc., the largest publicly traded bitcoin mining firm, has wrapped up a $1 billion issuance of 0% convertible senior notes set to mature in 2030. Nasdaq Listed Bitcoin Miner MARA Buys 5,771 Bitcoin Following Sale of Convertible Notes MARA Holding, listed as MARA on Nasdaq, stated that the funds will go toward acquiring …
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Bitcoin vs. Tulip Mania: Why the Comparison Wilts Under Scrutiny
With bitcoin reaching unprecedented heights, critics have come out in full force, dusting off age-old arguments. The tired accusations resurface: calling it a pyramid scheme, claiming it’s worthless because it isn’t physical, or likening it to the infamous Tulip mania. These overused jabs seem to have become a standard playlist whenever bitcoin captures attention. The …
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Venture Capitalist Cites Funding, Talent for Web3 Development Surge in Emerging Markets
A venture capitalist says emerging markets, particularly India, are becoming hubs for Web3 development due to attractive funding, talent, and ecosystems. India: Go-to Place for Recruiting Web3 Companies According to Tak Lee, CEO of Hashed Emergent, the declining share of Web3 development activity in North America and Europe is being offset by a surge in …