MicroStrategy, a company known for its strategic investment in Bitcoin, has recently seen its stock price plummet by an astounding 35%. After reaching an apex of $535 on November 21, the shares fell to $340 just days later before slightly recovering to $353 by the end of the trading session as reported by Google Finance.
Crypto
In the ever-evolving landscape of cryptocurrency and decentralized platforms, Pump.fun has emerged as a notable player, particularly with its meme coin generation features. However, as the platform witnessed explosive growth—livestream activity surging over 100 times within a week—the rapid influx of users has exposed vulnerabilities, particularly around its controversial livestreaming capabilities. In a critical step
In the high-stakes world of cryptocurrency, moments of negligence can lead to devastating financial losses. Recently, a tragic incident unfolded where an anonymous cryptocurrency holder lost over $3 million in PYTH tokens—a staggering amount that highlights the vulnerabilities inherent in digital currency transactions. The disaster occurred when the victim unintentionally sent their tokens to a
In recent weeks, the cryptocurrency landscape has experienced a notable resurgence, marked by a surge in activity across various blockchains. Among these, the Base network has emerged as a prominent player, capturing attention with significant increases in its total value locked (TVL). According to data obtained from L2Beat, Base’s TVL has seen a commendable uptick
Howard Lutnick, named as the potential Commerce Secretary under President-elect Donald Trump, is setting the stage for a transformative $2 billion initiative that aims to facilitate loans anchored in Bitcoin collateral. This ambitious project, as reported by Bloomberg, is expected to expand significantly, possibly reaching into the multi-billion-dollar realm over time. The intent behind this
Binance, the leading cryptocurrency exchange globally, is consistently evolving to meet the demands of its users. On November 26, the platform will introduce additional monthly options, specifically for popular pairs like Solana (SOL) and Binance Coin (BNB), quoted against Tether (USDT). These European-style options provide traders an opportunity to speculate on the price movements of
In the aftermath of the recent U.S. elections, the cryptocurrency landscape has witnessed an electrifying transformation, particularly with Bitcoin leading the charge. Spurred by political shifts and market optimism, the digital asset soared from just under $70,000 to surpass the $99,000 threshold, culminating in an all-time high of approximately $99,800. This dramatic uptrend reveals not
The cryptocurrency market has witnessed a significant rally in recent days, impressive enough to raise eyebrows among investors and analysts alike. However, the upward momentum seems to be losing steam as we transition into the new week. Most digital currencies are experiencing corrections, indicating a potential cooling phase following the exuberance of recent price surges.
In the rapidly evolving landscape of digital currencies, where an array of new projects continually emerge, the Trump Media and Technology Group (TMTG) has made a compelling move by filing a trademark application for “TruthFi.” This initiative signals the organization’s ambition to venture into the digital currency payment services sector, highlighting the increasing confluence between
In a significant revelation, BIT Mining, a company entrenched in Bitcoin mining activities, has reached a settlement with U.S. authorities, agreeing to a $10 million penalty stemming from serious bribery allegations. These accusations centered on attempts to procure a lucrative resort license in Japan, implicating not only the company but its top leadership as well.
