Grayscale Investments has launched the Grayscale Bitcoin Miners ETF, offering investors exposure to bitcoin mining firms, as the industry continues to expand. Grayscale Launches Bitcoin Miners ETF for Crypto-Focused Investors Crypto asset management firm Grayscale Investments announced on Thursday that it has introduced the Grayscale Bitcoin Miners ETF (Ticker: MNRS), a new exchange-traded fund designed …
Monthly archives: January 2025
Bitcoin Market Cycle Reflects Structural Similarities to 2015–2018, Says Glassnode
Bitcoin’s current bullish trajectory exhibits striking similarities to the 2015–2018 market cycle, as illuminated in a recent Glassnode report co-authored by analysts Cryptovizart and Ukuria OC. Bitcoin’s ‘Calm Before the Storm’: Data Reveals 2015-Like Countdown to Price Explosion The leading cryptocurrency’s price gains have moderated progressively across successive cycles, signaling an evolution toward a more …
Tesla Sees $600 Million Boost in Bitcoin Holdings Under New Accounting Standards
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. …
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Meme Coins Blaze While Lightchain AI Presale Nears Its Final Stage
PRESS RELEASE. The crypto market never ceases to amaze. From the wild popularity of meme coins driving buzz to groundbreaking AI innovations transforming industries, it’s impossible to ignore the waves of excitement rippling across the blockchain. Today, we spotlight two trending phenomena captivating the cryptosphere—meme coins’ explosive movements and the Lightchain AI presale, now approaching …
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Phantom Celebrates ‘Suinami,’ Rolls out Beta Support for Sui
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base. In this initial phase, Phantom will allow users to swap thousands of sui tokens from its interface and use their favorite Sui decentralized …
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TRUMP Meme Coin Finds New Use Case: Purchasing Trump-Related Merchandise
TRUMP can now be used to buy Trump-linked merchandise on several websites. The move aims to give the token a use different from pure speculation. TRUMP Coin Checkout Enabled for Different Trump-Focused Merchandise Sites TRUMP, the official meme coin of the U.S. President, is now being added as a checkout option in several stores that …
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Rich Dad Poor Dad Author Says He’s Dumping Gold and Silver for Bitcoin, Unveils Massive BTC Price Target
Best-selling author Robert Kiyosaki is changing his investment strategy in favor of Bitcoin (BTC). The Rich Dad Poor Dad author tells 3.5 million subscribers of his YouTube channel that since 1964, he has been investing in silver but is now trading in silver and gold for Bitcoin. According to Kiyosaki, Bitcoin has more upside potential …
Sonic Founder Andre Cronje Says SEC Harassment Forced Him To Quit Crypto in 2022
The founder of layer-1 blockchain Sonic (S) is speaking up about his decision to step away from crypto in 2022, two years after launching the decentralized finance (Defi) platform Yearn Finance (YFI). In a post on Medium, Andre Cronje says he stopped his public engagement with DeFi because of regulatory pressure. He says it all …
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Has Bitcoin Hit Market Top? Trader Says BTC in a ‘Very Healthy’ Consolidation Phase – Here’s His Outlook
A popular crypto trader thinks current market dynamics suggest Bitcoin (BTC) is still primed to surge toward higher prices. The pseudonymous analyst known as Credible Crypto tells his 460,300 followers on the social media platform X that the ongoing altcoin capitulation is not characteristic of a market top. “Market tops tend to occur in an …
Ethereum (ETH) Price to $13k? Hovers Near $3,000 as Analysts Eye 2025 Breakout
TLDR Ethereum has been forming higher lows since 2022, with analysts predicting potential breakout above $4,000 Multiple price targets suggested by analysts range from $5,000 to $13,000 by 2026 Trump’s DeFi project World Liberty Financial purchased 722 ETH worth $2.5 million in December 2024 ETH currently trades around $3,095, with support levels identified at $2,900-$2,700 …
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Litecoin price surges on rumors of potential ETF approval
Crypto bettors on Polymarket, a decentralized prediction market, have placed an 87% probability on the US Securities and Exchange Commission (SEC) approving a Litecoin-based exchange-traded fund (ETF) this year. Optimism surged after the SEC initiated a public comment phase for the proposed Canary Litecoin ETF. According to the agency’s Jan. 29 filing, the public has …
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Bitcoin rally boosts Tesla’s 2024 Q4 net income by $600 million
Tesla’s Bitcoin investment played a key role in its fourth-quarter performance, accounting for $600 million (or 26%) of its GAAP net income of $2.3 billion. The gain came as the company adopted new accounting standards recognizing the fair market value of digital assets it holds. Previously, Tesla had to report its Bitcoin at the lowest …
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Nassim Taleb Warns About AI’s Bubble Bursting: ‘This Is the Beginning’
Taleb believes that the recent drop in NVIDIA stock prices, which dragged down the whole U.S. stock market, might be the start of a more pronounced fall in Nvidia’s market cap and the AI sector. Black Swan’s Nassim Taleb Warns Nvidia’s Losses Could Mark the Start of a Larger AI Sector Fall The artificial intelligence …
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Gary Gensler to Teach ‘Financial Technology’ at MIT
The former regulator had previously won the MIT Sloan Outstanding Teacher Award for the 2018-19 academic year. Former SEC Chairman Named MIT “Professor of the Practice” Before Gary Gensler became the SEC Chairman, he was teaching crypto at MIT, and on Monday, the university announced that Gensler would return to “teach and conduct research on …
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Bitso Launches Stablecoin Startup Accelerator ‘The Push’
Bitso, the Latam-focused cryptocurrency exchange, has launched a stablecoin startup accelerator program. ‘The Push’ will support five stablecoin projects based in or planning to establish themselves in Latam, providing each with $250K to capitalize on the growing popularity of stablecoins in the region. Bitso to Support Stablecoin Innovation in Latam With ‘The Push’ With the …
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