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Barstool founder Dave Portnoy boasted about his “buying the dip” strategy days after investing $2 million into XRP, ethereum and bitcoin during a market plunge. Doubling Down After the Plunge Barstool founder Dave Portnoy once again boasted about his “buying the dip” strategy just days after purchasing XRP tokens worth $1 million. Portnoy, who had … Read more
The Web3 prediction market protocol, Myriad, has reached a cumulative trading volume of over $100 million in USDC, representing a 10x growth in the last three months. From Niche to Mainstream Trading Web3 prediction market protocol, Myriad, has revealed it has surpassed $100 million in cumulative USDC trading volume since its launch. In the last … Read more
Exodus Movement disclosed it has agreed to acquire W3C Corp., the parent of Baanx and Monavate, in a $175 million deal that expands its control over crypto-linked payment infrastructure. Exodus Eyes End-to-End Payments With New Acquisition Exodus Movement, Inc. (NYSE American: EXOD) revealed it has inked a definitive pact to pick up W3C Corp., the … Read more
Andrew Tate’s Hyperliquid account was fully liquidated after leveraged bitcoin bets collapsed, wiping out nearly $800,000 amid a broader $2B market downturn. Losses Coincide With Market Crash Controversial influencer Andrew Tate recently saw his Hyperliquid account completely liquidated after his latest leveraged bitcoin ( BTC) bet collapsed, resulting in a cumulative loss of $794,000. Tate, … Read more
Bitmine reported its ethereum holdings have reached 3.63 million tokens, bringing its combined crypto and cash reserves to $11.2 billion. Bitmine Details Weekly ETH Acquisition and $11.2B Balance Bitmine disclosed its ethereum position now stands at 3,629,701 tokens as of Nov. 23, lifting the company’s combined crypto and cash total to $11.2 billion. The digital … Read more
Bitcoin is attempting a cautious recovery as dovish Federal Reserve remarks lift expectations for a December rate cut. Derivatives positioning shows traders preparing for both volatility and potential upside as macro conditions begin to shift in BTC’s favor. BTC Stabilizes While Markets Reprice Fed Outlook Bitcoin is showing early signs of stabilization after a turbulent … Read more
Over the past few days, JPMorgan has become the favorite talking point in crypto circles, thanks to a trifecta of drama: Strike CEO Jack Mallers getting debanked, a fresh research note from the bank flagging potential MSCI index exclusion for crypto treasury firms, and the age-old feud between decentralized finance (DeFi) diehards and their traditional … Read more
South Korea’s top crypto exchange Upbit is preparing a path toward a Nasdaq listing as part of a forthcoming merger with tech conglomerate Naver, positioning the exchange for a higher global profile. Upbit Charts U.S. Listing Course Through Dunamu-Naver Tie-Up Upbit’s plans were reported exclusively by Seoul Economic Daily (sedaily.com), which said the exchange’s parent … Read more
While markets initially reacted with uncertainty to Japan’s massive stimulus, the long-term effects of a weak yen and measures to defend it could propel bitcoin to new records, even amid the current uncertain macroeconomic backdrop. Japanese Yen Weakness Might Unleash Record-Breaking Bitcoin Bull Run The Facts The current weakness of the Japanese yen, which hit … Read more
The government of the UAE completed the first transaction using digital dirhams, its CBDC, to make a cross-border payment to China. The development, which leveraged the Mbridge platform, opens new horizons for cooperation, said the UAE Vice President Sheikh Mansour. UAE Enters The Digital CBDC Age: Completes Landmark Transaction Using Digital Dirham The Facts The … Read more