Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources. The motion, which will be discussed by the council on Dec. 11, aims to position the city as a leader in digital asset adoption. The proposal, titled…
Celsius is preparing a second distribution of $127 million to eligible creditors from its Litigation Recovery Account. The funds will be distributed in Bitcoin (BTC), Ethereum (ETH), or US dollars, depending on eligibility. A Sigh of Relief for Most Celsius Creditors According to the latest Bankruptcy court filing, the Litigation Administrators have allocated approximately $127…
Following Donald Trump’s presidential victory and his promise to establish a strategic Bitcoin reserve, momentum has surged around the idea of integrating Bitcoin into the nation’s economic and geopolitical strategy. In the latest development, crypto miner MARA Holdings has urged the United States to aggressively pursue leadership in the sector and in Bitcoin mining, positioning…
Pro-XRP lawyer John Deaton has voiced his support for Paul Atkins as a candidate to replace outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. John Deaton, a prominent advocate for cryptocurrency regulation reform, has criticized the SEC’s leadership under Gensler, alleging overreach and misconduct, particularly in its enforcement of crypto regulations. He has…
A crypto trader has pulled off one of the most impressive returns in recent memory, turning a mere $160 investment into a staggering $6.14 million. This 38,399x return was achieved within just 12 days, thanks to the CHILLGUY token, a meme-inspired cryptocurrency gaining traction. Turned $160 into $6.14M, a 38,399x return! 12 days ago, this…
Analyzing four cryptos poised to deliver returns similar to Shiba Inu (SHIB) in 2021. #partnercontent
BitWise filed an application with the SEC to create an ETF based on its 10 Crypto Index Fund. If approved, this would be the most diversified and extended crypto ETF in the US market. Earlier this week, BitWise also filed for a Solana ETF with the SEC, following the applications of Canary Capital, VanEck, and…
Recently, Ethereum (ETH) showed signs of falling below $3,000 but held firm as bulls defended the altcoin. Now trading at $3,480, here’s what could be next for ETH. Ethereum Still Has More Room to Grow One metric that has consistently proven reliable for analyzing Ethereum is the Market Value to Realized Value (MVRV) ratio, a…
U.S. Bitcoin miner Mara spent roughly $67 million on its latest Bitcoin buy following a 0% $1 billion convertible note sale.
Helium (HNT) price is up roughly 150% this year and its market capitalization recently reached the $1 billion market cap. The Chaikin Money Flow (CMF) has turned positive at 0.15, signaling strong buying pressure and supporting recent price gains. If the golden cross forms as EMA lines suggest, HNT could test resistances at $6.5 and…
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