Riot Platforms plans to raise $500 million through a private offering of convertible senior notes, aimed at institutional investors, to fund Bitcoin acquisitions and support corporate initiatives as the cryptocurrency market approaches all-time highs.
The post Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases appeared first on Cryptonews. …
Category: Bitcoin
Amazon Urged to Adopt Bitcoin as Strategic Reserve – Could This Be BTC’s Game-Changer?
Think tank urges Amazon to adopt Bitcoin as a treasury asset, citing inflation hedging and Bitcoin’s 1,246% 5-year growth. Learn why it matters.
The post Amazon Urged to Adopt Bitcoin as Strategic Reserve – Could This Be BTC’s Game-Changer? appeared first on Cryptonews. …
Eric Trump to Deliver Keynote at Bitcoin MENA Conference on Tuesday
The Bitcoin MENA conference on December 9-10 2024, is projected to draw more than 6,000 people, featuring a whale-only lounge.
The post Eric Trump to Deliver Keynote at Bitcoin MENA Conference on Tuesday appeared first on Cryptonews. …
Digital Asset Investment Products Hit Record-Breaking $3.85B Weekly Inflows
Digital asset investment products witnessed record inflows last week, reaching $3.85 billion and surpassing the previous record set just weeks earlier.
The post Digital Asset Investment Products Hit Record-Breaking $3.85B Weekly Inflows appeared first on Cryptonews. …
21Shares’ 2025 Outlook Predicts More Bitcoin Adoption and Ethereum Resurgence
21Shares’ 2025 Crypto Outlook predicts significant growth for Bitcoin and Ethereum, highlighting increased adoption as a reserve asset and a resurgence in Ethereum’s revenue, driven by institutional interest and favorable regulatory conditions.
The post 21Shares’ 2025 Outlook Predicts More Bitcoin Adoption and Ethereum Resurgence appeared first on Cryptonews. …
Crypto Wallets Swell to 400 Million with Rising Bull Market: Chainalysis
The number of cryptocurrency wallets holding positive balances has surged past 400 million, signaling growing adoption amid the ongoing bull market.
The post Crypto Wallets Swell to 400 Million with Rising Bull Market: Chainalysis appeared first on Cryptonews. …
Former US Treasury Secretary Calls Trump’s Bitcoin Reserve Plan ‘Crazy’
Lawrence Summers, a former US Treasury Secretary, has criticized President-elect Donald Trump’s proposal for the US government to establish a Bitcoin reserve, labeling the idea as impractical.
The post Former US Treasury Secretary Calls Trump’s Bitcoin Reserve Plan ‘Crazy’ appeared first on Cryptonews. …
“Bitcoin Price Will Even Reach Seven Figures” – Bitcoin Suisse Founder
Bitcoin Suisse founder Niklas Nikolajsen predicts Bitcoin will hit a seven-figure price, driven by the US election and Bitcoin halving.
The post “Bitcoin Price Will Even Reach Seven Figures” – Bitcoin Suisse Founder appeared first on Cryptonews. …
Bank of America Strategist Claims Crypto and Stock Markets are Overvalued
Michael Hartnett of Bank of America has raised concerns that the US stock and cryptocurrency markets might be overvalued following the recent rallies.
The post Bank of America Strategist Claims Crypto and Stock Markets are Overvalued appeared first on Cryptonews. …
Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings
Semler Scientific, a healthcare technology firm, has expanded its corporate Bitcoin treasury by purchasing 303 BTC, valued at $29.3 million, between November 25 and December 4, 2024. This acquisition brings the company’s total Bitcoin holdings to 1,873 BTC, acquired at an average price of $78,553 per coin, totaling approximately $147.1 million.
The post Semler Scientific Purchases Additional $30 Million in Bitcoin to Expand its BTC Holdings appeared first on Cryptonews. …