Bitcoin drops 12% to $63K amid Fed uncertainty and ETF outflows
Bitcoin dropped 12% to $63K amid market volatility; analysts cite ETF outflows and Fed rate uncertainty. Ethereum and MicroStrategy also declined.
SEC delays Bitcoin ETF and Ethereum ETF decisions amid approval process overhaul
SEC delayed decisions on Bitcoin ETF and Ethereum ETF applications, affecting 12 filings, as it works on a streamlined approval process for crypto funds.
Palihapitiya’s SPAC invests $500M in AI and cybersecurity for national security
Chamath Palihapitiya’s SPAC targets strategic tech and national security, investing $500M in AI and cybersecurity firms like Anduril and Palantir.
Chamath’s American Exceptionalism SPAC targets DeFi, AI, space, biotech with $300 million
Chamath Palihapitiya’s SPAC, American Exceptionalism, targets DeFi, AI, space, and biotech, raising $300 million with a focus on innovative sectors.
Foundry USA controls 30% of Bitcoin mining hash rate in 2024
Satoshi Nakamoto initiated Bitcoin mining, leading to 910,000 BTC blocks. Foundry USA now dominates with 30% hash rate, alongside Antpool and F2Pool.
ChatGPT forecasts XRP at $0.75, Monero $200, ADA $1.50 by 2025
ChatGPT analyzed XRP, Monero, and ADA, predicting XRP could reach $0.75 by 2025, with Monero at $200 and ADA at $1.50, based on current trends.
Thailand enables crypto-to-fiat conversions for tourists via 21 licensed operators
Thailand enables crypto-to-fiat conversions for tourists via 21 licensed operators, boosting digital payments with Bitcoin and Ethereum support amid 39.7 million 2023 arrivals.
KindlyMD raises $200 million to expand Bitcoin treasury holdings in 2024
KindlyMD raised $200 million to expand its Bitcoin treasury, joining MicroStrategy and Tesla in corporate BTC holdings, now totaling over 1.5 million BTC globally.
BONK falls 23% below $0.000014 support as trading volume hits $120M
BONK dropped 23% below $0.000014 support, with trading volume hitting $120M. Analysts watch Bitcoin and Solana trends for potential market shifts.
MicroStrategy adds $419M Ethereum to $5B crypto treasury holdings
MicroStrategy purchased $419M in Ethereum, adding to its $5B Bitcoin holdings, as CEO Michael Saylor advocates for corporate crypto adoption.
