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Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. News COINTELEGRAPH IN YOUR SOCIAL FEED United States Senator Cynthia Lummis’ plan to set up a strategic Bitcoin reserve won’t be enough to solve the country’s debt […] More
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SEC delays decision on Franklin Templeton Bitcoin & Ethereum index ETF
Key Takeaways The SEC delayed the decision on Franklin Templeton’s Bitcoin and Ethereum ETF, extending the deadline to January 6, 2025. The SEC’s review period extension allows more time to evaluate the proposal and its implications. Share this article The SEC has delayed its decision on Franklin Templeton’s proposed Bitcoin and Ethereum index ETF. The […] More
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Are spot Bitcoin ETF options traders really expecting a $176K BTC price?
BlackRock’s IBIT BTC options launch was a success, but how realistic are traders’ high six-figure Bitcoin price expectations? Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) made waves on Nov. 19, when its newly launched market recorded $1.9 billion in trading volume. On X, a handful of analysts […] More
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in Bitcoin News, News
Bitcoin Hits $94K ATH as Analyst Eyes Pepe Unchained for the Next Big Breakout
Bitcoin surged past $94,000 today, hitting a new all-time high and keeping the crypto market’s momentum alive. But while all eyes are on BTC, some analysts are pointing to Pepe Unchained – a meme coin project that’s raised over $40 million in presale. Could this rising star steal some of Bitcoin’s thunder? Bitcoin’s Unstoppable Momentum […] More
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in Bitcoin News, NewsVantard meme index fund explodes as Bitcoin breaks $94k
Vantard, the meme coin index fund that offers a portfolio of the top Solana meme coins, has recorded a massive uptick. Meanwhile, Bitcoin (BTC) is eyeing further gains after breaking above $94,000. Why is this outlook good for the market and in particular, Vantard (VTARD)? Bitcoin surges to above $94k With Bitcoin price rallying to […] More
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in Bitcoin News, News
A perfect storm is brewing for Bitcoin
Reflexivity squared: How Bitcoin ETF options could lead to explosive price movements. Opinion COINTELEGRAPH IN YOUR SOCIAL FEED Opinion by Mehdi Lebbar, co-founder of Exponential.fi. Bitcoin (BTC) is the world’s most reflexive asset today. The United States Securities and Exchange Commission recently approved options for several Bitcoin exchange-traded funds (ETFs). Once issued, these options lead […] More
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in Bitcoin News, News
Wrapped Bitcoin (wBTC) Delisting Drama: Coinbase Faces Backlash for Favoring cBTC
Wrapped Bitcoin’s (wBTC) team has expressed surprise and disappointment at Coinbase’s decision to delist the token. In a statement shared on X, it urged the crypto exchange giant to reconsider this decision and continue supporting the trading of the token. The team said the token has positioned itself as a decentralized and transparent wrapped BTC […] More
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in Bitcoin News, News
MicroStrategy upsizes convertible note offering to $2.6b to buy more Bitcoin
MicroStrategy has upsized its recently announced convertible senior note offering, from $1.75 billion to $2.6 billion. The company, currently the largest corporate holder of Bitcoin (BTC) following a buying spree that started in 2020, said in an announcement that the proceeds of the offering will go into the purchase of more BTC. MicroStrategy previously announced […] More
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in Bitcoin News, News
Bitcoin and MicroStrategy: The feedback loop that pushed MSTR into the top 100 club
MicroStrategy’s top 100 breakthrough is fueled by Bitcoin — and fueling Bitcoin in return. How does this feedback loop keep pushing both higher? Table of Contents MicroStrategy joins the top 100 Club MicroStrategy (MSTR), a company famously tied to Bitcoin’s (BTC) wild journey, just hit a major milestone. As of Nov. 20 trading session, it […] More
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in Bitcoin News, News
$100K Bitcoin next? No euphoria ‘encouraging’ as BTC price breaks new highs
Bitcoin analysts and traders are optimistic that BTC price will hit the coveted $100K mark, despite “luke-warm” social media response to the latest all-time highs. Market Analysis COINTELEGRAPH IN YOUR SOCIAL FEED Bitcoin (BTC) continues its march toward the coveted $100,000 mark after setting another all-time high above $94,000 on Nov. 19. Even though this […] More
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in Bitcoin News, News
Hoth Therapeutics approves purchase of $1m Bitcoin
Nasdaq-listed Hoth Therapeutics has announced plans to purchase Bitcoin as a treasury reserve asset. Hoth disclosed on Nov. 20 that its board of directors had approved the acquisition of $1 million worth of Bitcoin (BTC). The biopharmaceutical company will become the latest institution to adopt Bitcoin as a reserve asset. While Hoth’s Bitcoin acquisition is […] More
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in Bitcoin News, News
Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value. News COINTELEGRAPH IN YOUR SOCIAL FEED Hoth Therapeutics, a clinical-stage biopharmaceutical company, has allocated up to $1 million to Bitcoin, aiming to leverage the cryptocurrency’s potential as a store of value and hedge against inflation. The company’s […] More
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