Bitcoin’s price movements, meanwhile, exhibit the strongest historical correlation with U.S. stock indices, suggesting that any downturn in equities could trigger a simultaneous correction in Bitcoin.
The post Bitcoin’s Rally Could Hit Pause in 2025, Says Crypto CEO appeared first on Cryptonews. …
Category: Cryptocurrencies
Floki Launches Debit Card Supporting Crypto Payments in Europe
The Floki Debit Card launches with options for virtual and physical cards in 31 European countries, allowing users to spend crypto at merchants accepting Visa and Mastercard.
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Standard Chartered and Virtu Financial Join GFO-X U.K. Crypto Derivatives Platform
GFO-X, a London-based crypto derivatives platform, has partnered with Standard Chartered and Virtu Financial, aiming to launch in Q1 2025 as the UK’s first regulated trading venue for Bitcoin index futures and options.
The post Standard Chartered and Virtu Financial Join GFO-X U.K. Crypto Derivatives Platform appeared first on Cryptonews. …
Riot Plans $500M Convertible Notes Offering to Fund Bitcoin Purchases
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.
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Pudgy Penguins Surpass BAYC to Become Second-Largest NFT Collection by Market Cap
Pudgy Penguins has overtaken the Bored Ape Yacht Club (BAYC) to become the second-largest NFT collection by market capitalization.
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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.
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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.
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Brooklyn DA Shuts Down 40 NFT Websites After 85-Year-Old Artist Loses $135K
Brooklyn’s District Attorney’s Office has dismantled 40 fraudulent NFT marketplace websites following a scheme that defrauded an 85-year-old artist of $135,000.
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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.
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Crypto Scam Targets Web3 Workers with Fake Meeting Apps
Web3 workers are being targeted by a sophisticated phishing campaign using fake meeting apps to steal sensitive information and cryptocurrency, employing AI-generated content to create convincing platforms that lure victims into downloading malware.
The post Crypto Scam Targets Web3 Workers with Fake Meeting Apps appeared first on Cryptonews. …