Prominent investment company Avenir has significantly increased its Bitcoin-related holdings, according to its latest 13F filing. The firm reported owning $599 million worth of shares in BlackRock’s iShares Bitcoin Trust (IBIT) as of December 31. This reflects a substantial increase from the 614,195 shares it held in September, which were then valued at $22 million. … Read more
Bitcoin is currently priced at $98,689, with a market capitalization of $1.95 trillion, a 24-hour trading volume of $29.58 billion, and an intraday price range between $95,426 and $98,900, showing signs of consolidation across multiple timeframes. Bitcoin Friday’s daily chart shows that bitcoin (BTC) recently reached a high of $109,356 before experiencing a strong pullback, … Read more
The cryptocurrency scene is witnessing heightened activity, particularly following Tether‘s latest strategic maneuvers. As the leading stablecoin, Tether is broadening its investment portfolio, utilizing a portion of its surplus profits to explore opportunities across various sectors, well beyond the confines of cryptocurrency. What’s Fueling JUV and CHZ Coin Growth?How Will Tether Impact the Sports Industry? … Read more
The state’s pension fund increased its Bitcoin exposure while also consolidating its investment into a single exchange-traded fund.
JUP surged 8.82% after announcing a buyback plan, aiming to lock tokens for three years and reduce circulating supply. With a TVL of $2.7 billion and rising protocol fees, Jupiter’s buyback could provide long-term price stability. Jupiter [JUP] has announced a strategic buyback initiative, with 50% of all protocol fees allocated to purchasing JUP and … Read more
Despite mounting Bitcoin ETF outflows that neared $500 million in three days, dip buying by large BTC holders may lead to an imminent market reversal.
The SEC’s acknowledgment of Grayscale’s XRP ETF sparked optimism among traders, with Polymarket odds projecting an 81% possibility of approval in 2025.
The SEC’s acknowledgment of Grayscale’s XRP ETF sparked optimism among traders, with Polymarket odds projecting an 81% possibility of approval in 2025.
The SEC met with representatives from the Blockchain Association, Jito Labs, Multicoin Capital, Nasdaq, Andreessen Horowitz, and Sullivan & Cromwell.
Kaito AI is launching a new native token. Kaito AI, an AI-powered platform specializing in web3 information, has announced the upcoming launch of its native token, KAITO, along with the release of its whitepaper. The specific launch date has not yet been disclosed. In December 2024, Kaito introduced the Yaps protocol, an open and permissionless … Read more