Binance Academy
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𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 𝐨𝐟 𝐁𝐢𝐭𝐜𝐨𝐢𝐧? 𝐓𝐡𝐞𝐬𝐞 𝐒𝐭𝐚𝐭𝐞𝐬 𝐀𝐫𝐞 𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐁𝐓𝐂 𝐑𝐞𝐬𝐞𝐫𝐯𝐞𝐬
As of February 2025, a growing number of U.S. states are considering legislation to establish strategic Bitcoin reserves as part of their financial strategies. This movement aligns with President Donald Trump's federal initiative to create a national Bitcoin stockpile.
States such as Texas, Pennsylvania, Ohio, Wyoming, Massachusetts, Oklahoma, Illinois, and South Dakota have introduced proposals to invest in Bitcoin. For instance, Texas State Representative Giovanni Capriglione proposed a bill in December 2024 to create a Bitcoin stockpile, emphasizing the state's commitment to fostering innovation in digital assets.
Similarly, Pennsylvania's House of Representatives proposed a bill in November 2024 that would allow the state's Treasurer to allocate up to 10% of various state funds into Bitcoin, potentially enabling a significant investment.
In December 2024, Ohio State Representative Derek Merrin introduced a bill to establish a strategic Bitcoin reserve, granting the State Treasurer discretionary power to purchase the asset.
Wyoming and Massachusetts have also joined this trend, with legislators submitting draft bills in January 2025 to permit their state treasurers to invest public funds in Bitcoin.
As of early February 2025, 16 U.S. states are exploring legislation to establish Bitcoin reserves or enable crypto investments for public funds, with Utah leading the way.
This state-level momentum reflects a broader national interest in integrating Bitcoin into governmental financial strategies, aiming to leverage the cryptocurrency's potential as a hedge against inflation and a tool for financial innovation.
$BTC
#AltcoinRevolution2028
As of February 2025, a growing number of U.S. states are considering legislation to establish strategic Bitcoin reserves as part of their financial strategies. This movement aligns with President Donald Trump's federal initiative to create a national Bitcoin stockpile.
States such as Texas, Pennsylvania, Ohio, Wyoming, Massachusetts, Oklahoma, Illinois, and South Dakota have introduced proposals to invest in Bitcoin. For instance, Texas State Representative Giovanni Capriglione proposed a bill in December 2024 to create a Bitcoin stockpile, emphasizing the state's commitment to fostering innovation in digital assets.
Similarly, Pennsylvania's House of Representatives proposed a bill in November 2024 that would allow the state's Treasurer to allocate up to 10% of various state funds into Bitcoin, potentially enabling a significant investment.
In December 2024, Ohio State Representative Derek Merrin introduced a bill to establish a strategic Bitcoin reserve, granting the State Treasurer discretionary power to purchase the asset.
Wyoming and Massachusetts have also joined this trend, with legislators submitting draft bills in January 2025 to permit their state treasurers to invest public funds in Bitcoin.
As of early February 2025, 16 U.S. states are exploring legislation to establish Bitcoin reserves or enable crypto investments for public funds, with Utah leading the way.
This state-level momentum reflects a broader national interest in integrating Bitcoin into governmental financial strategies, aiming to leverage the cryptocurrency's potential as a hedge against inflation and a tool for financial innovation.
$BTC
#AltcoinRevolution2028
🔔 Price of BTC has decreased by -1.03% in the past 7d.
🔸 Summary:The price of BTC has decreased by 1.03% over the past 7 days, currently standing at $101,582.18, which is a 4.58% drop from its 7-day high. Despite the decrease in price, the capital flow into BTC has significantly increased by 1,166.59% over the same period, indicating a strong influx of investment.
📈 Technicals:
The MACD indicates a bullish sentiment with strong buying pressure, while the OBV confirms a bearish market sentiment with continued selling pressure, and the expanding Bollinger Bands suggest increased market volatility and a potential shift towards a bearish trend.
🔸 Summary:The price of BTC has decreased by 1.03% over the past 7 days, currently standing at $101,582.18, which is a 4.58% drop from its 7-day high. Despite the decrease in price, the capital flow into BTC has significantly increased by 1,166.59% over the same period, indicating a strong influx of investment.
📈 Technicals:
The MACD indicates a bullish sentiment with strong buying pressure, while the OBV confirms a bearish market sentiment with continued selling pressure, and the expanding Bollinger Bands suggest increased market volatility and a potential shift towards a bearish trend.
The cryptocurrency market's recent collapse can be attributed to:
Regulatory Pressure: Increased scrutiny and potential bans from governments.
Economic Factors: High U.S. inflation and interest rates pushing investors to safer assets.
Market Sentiment: Fear from past collapses like Luna and FTX, leading to cautious investing.
Lack of Innovation: Fewer new, impactful crypto projects, diluting market interest.
Liquidity Problems: Too many competing tokens, reducing effective liquidity.
External Influences: Events like the introduction of DeepSeek AI and Trump's policies.
Fraud and Manipulation: High-profile cases diminishing investor trust.
Regulatory Pressure: Increased scrutiny and potential bans from governments.
Economic Factors: High U.S. inflation and interest rates pushing investors to safer assets.
Market Sentiment: Fear from past collapses like Luna and FTX, leading to cautious investing.
Lack of Innovation: Fewer new, impactful crypto projects, diluting market interest.
Liquidity Problems: Too many competing tokens, reducing effective liquidity.
External Influences: Events like the introduction of DeepSeek AI and Trump's policies.
Fraud and Manipulation: High-profile cases diminishing investor trust.
Eos giveaway
EOS Network Foundation
jan. 15.
Participate in the $10,000 EOS Giveaway competition 🔥
Competition Period: 2025/01/15 - 2025/01/30
Complete tasks to win your share of the total $10k prize pool
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Competition Period: 2025/01/15 - 2025/01/30
Complete tasks to win your share of the total $10k prize pool
Learn More
𝗘𝗹 𝗦𝗮𝗹𝘃𝗮𝗱𝗼𝗿 𝘁𝗼 𝗹𝗶𝗺𝗶𝘁 𝗯𝗶𝘁𝗰𝗼𝗶𝗻 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀 𝗳𝗼𝗿 $1.4 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗱𝗲𝗮𝗹 𝘄𝗶𝘁𝗵 𝗜𝗠𝗙
El Salvador and the International Monetary Fund have reached an agreement for the country to limit domestic bitcoin-related activities in exchange for a financing package.
The IMF’s Extended Fund Facility, which is expected to extend over the course of 40 months, includes a $1.4 billion loan to back El Salvador’s reform agenda and address the country’s balance of payment needs.
With additional financial support expected from the World Bank, the Inter-American Development Bank, and other regional development banks, the total financing package is expected to be worth over $3.5 billion, the IMF said.
“Recognizing El Salvador’s pending macroeconomic and structural challenges, the IMF-supported program aims to strengthen fiscal and external stability and help create the conditions for stronger and more inclusive growth,” IMF wrote in its announcement.
#BinanceAlphaTop5
#MarketCorrectionBuyOrHODL
El Salvador and the International Monetary Fund have reached an agreement for the country to limit domestic bitcoin-related activities in exchange for a financing package.
The IMF’s Extended Fund Facility, which is expected to extend over the course of 40 months, includes a $1.4 billion loan to back El Salvador’s reform agenda and address the country’s balance of payment needs.
With additional financial support expected from the World Bank, the Inter-American Development Bank, and other regional development banks, the total financing package is expected to be worth over $3.5 billion, the IMF said.
“Recognizing El Salvador’s pending macroeconomic and structural challenges, the IMF-supported program aims to strengthen fiscal and external stability and help create the conditions for stronger and more inclusive growth,” IMF wrote in its announcement.
#BinanceAlphaTop5
#MarketCorrectionBuyOrHODL
𝙊𝙢𝙣𝙞 𝙉𝙚𝙩𝙬𝙤𝙧𝙠 𝙡𝙖𝙪𝙣𝙘𝙝𝙚𝙨 '𝘾𝙤𝙧𝙚' 𝙢𝙖𝙞𝙣𝙣𝙚𝙩 𝙩𝙤 𝙪𝙣𝙞𝙛𝙮 𝙀𝙩𝙝𝙚𝙧𝙚𝙪𝙢'𝙨 𝙛𝙧𝙖𝙜𝙢𝙚𝙣𝙩𝙚𝙙 𝙧𝙤𝙡𝙡𝙪𝙥 𝙚𝙘𝙤𝙨𝙮𝙨𝙩𝙚𝙢
Ethereum's scaling solution, Omni Network, launched its Omni Core mainnet on Tuesday. This system aims to unify the fragmented Ethereum Layer 2 ecosystem by serving as the base layer of the Omni Orderflow Engine. With $58 billion in total value locked (TVL) scattered across more than 40 networks, Omni seeks to empower users and developers to interact with Ethereum seamlessly.
Omni leverages "restaking," the reuse of staked assets like ETH to secure multiple blockchain networks, to enhance cross-chain interoperability. Launched in 2023, Omni aims to reduce transaction costs and simplify interactions between different Layer 2 solutions.
Omni Core includes a cross-chain messaging protocol and a custom Ethereum Virtual Machine (EVM) to streamline cross-rollup interactions. At launch, it supports interoperability with Ethereum's base chain and major Layer 2s like Arbitrum, Base, and Optimism.
The open-source Octane framework, combining EVM functionality with Cosmos's CometBFT consensus engine, underpins Omni. The team raised $18 million from investors like Pantera Capital and Jump Crypto last year.
$BNB
#CryptoUsersHit18M
Ethereum's scaling solution, Omni Network, launched its Omni Core mainnet on Tuesday. This system aims to unify the fragmented Ethereum Layer 2 ecosystem by serving as the base layer of the Omni Orderflow Engine. With $58 billion in total value locked (TVL) scattered across more than 40 networks, Omni seeks to empower users and developers to interact with Ethereum seamlessly.
Omni leverages "restaking," the reuse of staked assets like ETH to secure multiple blockchain networks, to enhance cross-chain interoperability. Launched in 2023, Omni aims to reduce transaction costs and simplify interactions between different Layer 2 solutions.
Omni Core includes a cross-chain messaging protocol and a custom Ethereum Virtual Machine (EVM) to streamline cross-rollup interactions. At launch, it supports interoperability with Ethereum's base chain and major Layer 2s like Arbitrum, Base, and Optimism.
The open-source Octane framework, combining EVM functionality with Cosmos's CometBFT consensus engine, underpins Omni. The team raised $18 million from investors like Pantera Capital and Jump Crypto last year.
$BNB
#CryptoUsersHit18M
here's how to get a free ton for airdrops, make up to 0.10 ton per day with this bot, tap up and follow and. stay tuned for more 🤑
#MarketNewHype
#MarketNewHype
#MarketNewHype
#MarketNewHype
𝗠𝘂𝘀𝗶𝗰𝗶𝗮𝗻 𝗗𝗿𝗮𝗸𝗲'𝘀 𝗫 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝘀𝗲𝗲𝗺𝗶𝗻𝗴𝗹𝘆 𝗵𝗮𝗰𝗸𝗲𝗱, 𝘂𝘀𝗲𝗱 𝘁𝗼 𝗽𝗿𝗼𝗺𝗼𝘁𝗲 𝗦𝗼𝗹𝗮𝗻𝗮 𝗺𝗲𝗺𝗲𝗰𝗼𝗶𝗻
Canadian superstar Drake's X account was seemingly hacked on Saturday night and used to promote a Solana memecoin based on his cartoon "alter ego."
Drake, born Aubrey Drake Graham, reposted and then quoted a post by a since-deleted X account promoting a memecoin purportedly called Anita, after Drake's cartoon "alter ego" Anita Max Wynn, a cartoon character inspired by his love of gambling. (Her name sounds like "I need a max win," referencing a common gambling phrase.)
The false posts also claimed the memecoin was launched in partnership with Stake, Drake's choice crypto betting platform. The fraudulent coin "$ANITA" shares a name with the rapper's Anita Max Wynn Tour, which will see Drake returning to Australia and New Zealand for the first time since 2017.
The memecoin, which was promoted to Drake's over 39 million X followers, saw $5 million in trading volume before traders seemingly realized the coin was fraudulent and stopped buying, according to DexScreener data. The posts were later removed from Drake's account.
Drake's account was the latest high-profile X account to suffer a hack in recent weeks. The Cardano Foundation's X account was exploited last Sunday and similarly used to promote a memecoin scam, which saw merely a tenth of the volume as "$ANITA." Other celebrity musician hacking victims include Cardi B, Doja Cat, and Metallica.
$SOL
#CryptoUsersHit18M
#MicroStrategyJoinsNasdaq100
Canadian superstar Drake's X account was seemingly hacked on Saturday night and used to promote a Solana memecoin based on his cartoon "alter ego."
Drake, born Aubrey Drake Graham, reposted and then quoted a post by a since-deleted X account promoting a memecoin purportedly called Anita, after Drake's cartoon "alter ego" Anita Max Wynn, a cartoon character inspired by his love of gambling. (Her name sounds like "I need a max win," referencing a common gambling phrase.)
The false posts also claimed the memecoin was launched in partnership with Stake, Drake's choice crypto betting platform. The fraudulent coin "$ANITA" shares a name with the rapper's Anita Max Wynn Tour, which will see Drake returning to Australia and New Zealand for the first time since 2017.
The memecoin, which was promoted to Drake's over 39 million X followers, saw $5 million in trading volume before traders seemingly realized the coin was fraudulent and stopped buying, according to DexScreener data. The posts were later removed from Drake's account.
Drake's account was the latest high-profile X account to suffer a hack in recent weeks. The Cardano Foundation's X account was exploited last Sunday and similarly used to promote a memecoin scam, which saw merely a tenth of the volume as "$ANITA." Other celebrity musician hacking victims include Cardi B, Doja Cat, and Metallica.
$SOL
#CryptoUsersHit18M
#MicroStrategyJoinsNasdaq100
𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝗗𝗼𝘄𝗻 19% 𝗦𝗶𝗻𝗰𝗲 𝗛𝗶𝘁𝘁𝗶𝗻𝗴 3-𝗬𝗲𝗮𝗿 𝗛𝗶𝗴𝗵—𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝗯𝗼𝘂𝗻𝗱
𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝗗𝗼𝘄𝗻 19% 𝗦𝗶𝗻𝗰𝗲 𝗛𝗶𝘁𝘁𝗶𝗻𝗴 3-𝗬𝗲𝗮𝗿 𝗛𝗶𝗴𝗵—𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝗯𝗼𝘂𝗻𝗱
𝐸𝑣𝑒𝑛 𝑤𝑖𝑡𝒉 𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑢𝑝 𝑜𝑛 𝑡𝒉𝑒 𝑤𝑒𝑒𝑘, 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛 𝑖𝑠 𝑡𝒉𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑙𝑜𝑠𝑒𝑟 𝑖𝑛 𝑡𝒉𝑒 𝑡𝑜𝑝 10 𝑐𝑟𝑦𝑝𝑡𝑜𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑖𝑒𝑠—𝑎𝑛𝑑 𝑜𝑡𝒉𝑒𝑟 𝑚𝑒𝑚𝑒 𝑐𝑜𝑖𝑛𝑠 𝑎𝑟𝑒 𝑑𝑜𝑤𝑛 𝑏𝑎𝑑 𝑡𝑜𝑜.
The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.
$BNB $BTC
𝐸𝑣𝑒𝑛 𝑤𝑖𝑡𝒉 𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑢𝑝 𝑜𝑛 𝑡𝒉𝑒 𝑤𝑒𝑒𝑘, 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛 𝑖𝑠 𝑡𝒉𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑙𝑜𝑠𝑒𝑟 𝑖𝑛 𝑡𝒉𝑒 𝑡𝑜𝑝 10 𝑐𝑟𝑦𝑝𝑡𝑜𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑖𝑒𝑠—𝑎𝑛𝑑 𝑜𝑡𝒉𝑒𝑟 𝑚𝑒𝑚𝑒 𝑐𝑜𝑖𝑛𝑠 𝑎𝑟𝑒 𝑑𝑜𝑤𝑛 𝑏𝑎𝑑 𝑡𝑜𝑜.
The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.
$BNB $BTC
𝗗𝗼𝗴𝗲𝗰𝗼𝗶𝗻 𝗗𝗼𝘄𝗻 19% 𝗦𝗶𝗻𝗰𝗲 𝗛𝗶𝘁𝘁𝗶𝗻𝗴 3-𝗬𝗲𝗮𝗿 𝗛𝗶𝗴𝗵—𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗥𝗲𝗯𝗼𝘂𝗻𝗱
𝐸𝑣𝑒𝑛 𝑤𝑖𝑡𝒉 𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑢𝑝 𝑜𝑛 𝑡𝒉𝑒 𝑤𝑒𝑒𝑘, 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛 𝑖𝑠 𝑡𝒉𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑙𝑜𝑠𝑒𝑟 𝑖𝑛 𝑡𝒉𝑒 𝑡𝑜𝑝 10 𝑐𝑟𝑦𝑝𝑡𝑜𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑖𝑒𝑠—𝑎𝑛𝑑 𝑜𝑡𝒉𝑒𝑟 𝑚𝑒𝑚𝑒 𝑐𝑜𝑖𝑛𝑠 𝑎𝑟𝑒 𝑑𝑜𝑤𝑛 𝑏𝑎𝑑 𝑡𝑜𝑜.
The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.
$BNB $BTC
𝐸𝑣𝑒𝑛 𝑤𝑖𝑡𝒉 𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑢𝑝 𝑜𝑛 𝑡𝒉𝑒 𝑤𝑒𝑒𝑘, 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛 𝑖𝑠 𝑡𝒉𝑒 𝑏𝑖𝑔𝑔𝑒𝑠𝑡 𝑙𝑜𝑠𝑒𝑟 𝑖𝑛 𝑡𝒉𝑒 𝑡𝑜𝑝 10 𝑐𝑟𝑦𝑝𝑡𝑜𝑐𝑢𝑟𝑟𝑒𝑛𝑐𝑖𝑒𝑠—𝑎𝑛𝑑 𝑜𝑡𝒉𝑒𝑟 𝑚𝑒𝑚𝑒 𝑐𝑜𝑖𝑛𝑠 𝑎𝑟𝑒 𝑑𝑜𝑤𝑛 𝑏𝑎𝑑 𝑡𝑜𝑜.
The crypto markets have seen intense volatility since Bitcoin broke through the $100,000 mark for the first time on December 4, with multiple plunges that have sent shockwaves that sank other assets—and piled up liquidations in the process.
But while Bitcoin has mostly rebounded from the sizable dips, Dogecoin has lost considerable steam over the last week since popping to a high of $0.48 for the first time since 2021.
At a current price just below $0.39, Dogecoin is down nearly 19% since that peak seen late on December 7. And over the last seven days, including data from the hours before that recent high, DOGE is down 15%.
That makes it the biggest loser among the top 10 cryptocurrencies by market cap, outpacing Cardano with a 13% dip during that span, and Solana with a 10% correction. Bitcoin is the only asset in the top 10 that's green on the week, up 0.7% as of this writing at a current price of $100,995.
Looking beyond the top 10, other leading meme coins in the top 100 cryptocurrencies have posted even sharper losses over the last week.
Dogwifhat (WIF) is the biggest loser in the top 100, down 28% during that span, while Bonk (BONK) has fallen 23%, Brett (BRETT) is down 22%, and Shiba Inu (SHIB) has matched the DOGE dip at 15%.
Overall, the crypto market has fallen by 3% over the last 24 hours, per data from CoinGecko.
$BNB $BTC
𝘽𝙖𝙗𝙮 𝘿𝙤𝙜𝙚 𝙖𝙣𝙙 𝙉𝙚𝙞𝙧𝙤 𝙈𝙚𝙢𝙚 𝘾𝙤𝙞𝙣𝙨 𝙍𝙖𝙡𝙡𝙮 𝙖𝙨 𝘽𝙞𝙩𝙘𝙤𝙞𝙣 𝘿𝙊𝙂 𝙏𝙤𝙠𝙚𝙣 𝙍𝙚𝙖𝙘𝙝𝙚𝙨 𝙍𝙚𝙘𝙤𝙧𝙙 𝙃𝙞𝙜𝙝
𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑅𝑢𝑛𝑒𝑠 𝑡𝑜𝑘𝑒𝑛 𝐷𝑂𝐺•𝐺𝑂•𝑇𝑂•𝑇𝐻𝐸•𝑀𝑂𝑂𝑁 𝑝𝑜𝑝𝑝𝑒𝑑 𝑡𝑜 𝑎 𝑛𝑒𝑤 𝑝𝑒𝑎𝑘 𝑝𝑟𝑖𝑐𝑒 𝑆𝑢𝑛𝑑𝑎𝑦, 𝑤𝒉𝑖𝑙𝑒 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛-𝑙𝑖𝑘𝑒 𝑐𝑜𝑖𝑛𝑠 𝑜𝑛 𝐸𝑡𝒉𝑒𝑟𝑒𝑢𝑚 𝑎𝑛𝑑 𝐵𝑁𝐵 𝐶𝒉𝑎𝑖𝑛 𝑎𝑟𝑒 𝑢𝑝 𝑀𝑜𝑛𝑑𝑎𝑦.
Several dog-themed meme coins, including DOG•GO•TO•THE•MOON (DOG) and Baby Doge Coin, have seen significant price increases recently. DOG, launched in April as a Runes token, reached an all-time high of $0.0096, with a market cap of $966 million. Developed by Casey Rodarmor, Runes aims to bring meme coins and NFTs to the Bitcoin network.
DOG's success, partly driven by listings on OKX and Magic Eden, mirrors the broader trend of meme coins' volatile nature. Meanwhile, Baby Doge Coin and Neiro, inspired by a rescue dog adopted by the Dogecoin mascot's owner, have also surged in value. Baby Doge Coin's price jumped 33%, and Neiro on Ethereum reached a $1.1 billion market cap.
Trading volumes for these coins have been substantial on the Gate.io exchange, with DOG, Neiro, and Baby Doge Coin seeing significant activity. Despite a decrease in hype, Bitcoin transactions involving Runes still account for 8% of network activity, indicating their ongoing relevance.
$BTC
𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑅𝑢𝑛𝑒𝑠 𝑡𝑜𝑘𝑒𝑛 𝐷𝑂𝐺•𝐺𝑂•𝑇𝑂•𝑇𝐻𝐸•𝑀𝑂𝑂𝑁 𝑝𝑜𝑝𝑝𝑒𝑑 𝑡𝑜 𝑎 𝑛𝑒𝑤 𝑝𝑒𝑎𝑘 𝑝𝑟𝑖𝑐𝑒 𝑆𝑢𝑛𝑑𝑎𝑦, 𝑤𝒉𝑖𝑙𝑒 𝐷𝑜𝑔𝑒𝑐𝑜𝑖𝑛-𝑙𝑖𝑘𝑒 𝑐𝑜𝑖𝑛𝑠 𝑜𝑛 𝐸𝑡𝒉𝑒𝑟𝑒𝑢𝑚 𝑎𝑛𝑑 𝐵𝑁𝐵 𝐶𝒉𝑎𝑖𝑛 𝑎𝑟𝑒 𝑢𝑝 𝑀𝑜𝑛𝑑𝑎𝑦.
Several dog-themed meme coins, including DOG•GO•TO•THE•MOON (DOG) and Baby Doge Coin, have seen significant price increases recently. DOG, launched in April as a Runes token, reached an all-time high of $0.0096, with a market cap of $966 million. Developed by Casey Rodarmor, Runes aims to bring meme coins and NFTs to the Bitcoin network.
DOG's success, partly driven by listings on OKX and Magic Eden, mirrors the broader trend of meme coins' volatile nature. Meanwhile, Baby Doge Coin and Neiro, inspired by a rescue dog adopted by the Dogecoin mascot's owner, have also surged in value. Baby Doge Coin's price jumped 33%, and Neiro on Ethereum reached a $1.1 billion market cap.
Trading volumes for these coins have been substantial on the Gate.io exchange, with DOG, Neiro, and Baby Doge Coin seeing significant activity. Despite a decrease in hype, Bitcoin transactions involving Runes still account for 8% of network activity, indicating their ongoing relevance.
$BTC
𝙋𝙚𝙥𝙚 𝙢𝙚𝙢𝙚𝙘𝙤𝙞𝙣 𝙛𝙡𝙞𝙥𝙨 𝙐𝙣𝙞𝙨𝙬𝙖𝙥 𝙩𝙤𝙠𝙚𝙣 𝙞𝙣 𝙢𝙖𝙧𝙠𝙚𝙩 𝙘𝙖𝙥, 𝙝𝙞𝙩𝙨 𝙖𝙡𝙡-𝙩𝙞𝙢𝙚 𝙝𝙞𝙜𝙝
𝐴𝑐𝑐𝑜𝑟𝑑𝑖𝑛𝑔 𝑡𝑜 𝑑𝑎𝑡𝑎 𝑓𝑟𝑜𝑚 𝐶𝑜𝑖𝑛𝑀𝑎𝑟𝑘𝑒𝑡𝐶𝑎𝑝, 𝑃𝑒𝑝𝑒 𝒉𝑎𝑠 𝑎 𝑚𝑎𝑥𝑖𝑚𝑢𝑚 𝑠𝑢𝑝𝑝𝑙𝑦 𝑜𝑓 𝑟𝑜𝑢𝑔𝒉𝑙𝑦 420 𝑡𝑟𝑖𝑙𝑙𝑖𝑜𝑛 𝑡𝑜𝑘𝑒𝑛𝑠, 𝑤𝑖𝑡𝒉 𝑎𝑙𝑙 𝑡𝑜𝑘𝑒𝑛𝑠 𝑎𝑙𝑟𝑒𝑎𝑑𝑦 𝑖𝑛 𝑐𝑖𝑟𝑐𝑢𝑙𝑎𝑡𝑖𝑜𝑛.
Popular memecoin Pepe
in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI's market cap of approximately $10.6 billion — hitting a new all-time high in the process.
According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 hours and is up roughly 26% over the past seven days.
At the beginning of 2024, Pepe had a market cap of approximately $591 million. The popular memecoin briefly crossed a market cap of $11 billion on Dec. 5 and is currently floating around that level. The $11 billion market cap represents growth of roughly 18x since the start of the year.
Pepe launched in 2023 following the meteoric success of other memecoins like Dogecoin
. The memecoin, which openly purports to have "no intrinsic value," has become a favorite among memecoin traders.
#BURNGMT $BTC
𝐴𝑐𝑐𝑜𝑟𝑑𝑖𝑛𝑔 𝑡𝑜 𝑑𝑎𝑡𝑎 𝑓𝑟𝑜𝑚 𝐶𝑜𝑖𝑛𝑀𝑎𝑟𝑘𝑒𝑡𝐶𝑎𝑝, 𝑃𝑒𝑝𝑒 𝒉𝑎𝑠 𝑎 𝑚𝑎𝑥𝑖𝑚𝑢𝑚 𝑠𝑢𝑝𝑝𝑙𝑦 𝑜𝑓 𝑟𝑜𝑢𝑔𝒉𝑙𝑦 420 𝑡𝑟𝑖𝑙𝑙𝑖𝑜𝑛 𝑡𝑜𝑘𝑒𝑛𝑠, 𝑤𝑖𝑡𝒉 𝑎𝑙𝑙 𝑡𝑜𝑘𝑒𝑛𝑠 𝑎𝑙𝑟𝑒𝑎𝑑𝑦 𝑖𝑛 𝑐𝑖𝑟𝑐𝑢𝑙𝑎𝑡𝑖𝑜𝑛.
Popular memecoin Pepe
in terms of market capitalization on Dec. 7. The frog-themed memecoin currently has a market capitalization of over $11 billion compared to UNI's market cap of approximately $10.6 billion — hitting a new all-time high in the process.
According to data from CoinMarketCap, Pepe gained approximately 16.8% during the past 24 hours and is up roughly 26% over the past seven days.
At the beginning of 2024, Pepe had a market cap of approximately $591 million. The popular memecoin briefly crossed a market cap of $11 billion on Dec. 5 and is currently floating around that level. The $11 billion market cap represents growth of roughly 18x since the start of the year.
Pepe launched in 2023 following the meteoric success of other memecoins like Dogecoin
. The memecoin, which openly purports to have "no intrinsic value," has become a favorite among memecoin traders.
#BURNGMT $BTC
𝐒𝐩𝐨𝐭 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐄𝐓𝐅𝐬’ 𝐡𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐬𝐮𝐫𝐩𝐚𝐬𝐬 𝐒𝐚𝐭𝐨𝐬𝐡𝐢’𝐬 𝐬𝐭𝐚𝐬𝐡
𝙱𝚒𝚝𝚌𝚘𝚒𝚗 𝙴𝚃𝙵𝚜 𝚑𝚒𝚝 𝚊 𝚖𝚊𝚓𝚘𝚛 𝚖𝚒𝚕𝚎𝚜𝚝𝚘𝚗𝚎 𝚊𝚜 𝚑𝚘𝚕𝚍𝚒𝚗𝚐𝚜 𝚜𝚞𝚛𝚙𝚊𝚜𝚜𝚎𝚍 𝚂𝚊𝚝𝚘𝚜𝚑𝚒 𝙽𝚊𝚔𝚊𝚖𝚘𝚝𝚘’𝚜 𝚘𝚠𝚗 𝚏𝚒𝚐𝚞𝚛𝚎𝚜.
𝐵𝑦: 𝑀𝑖𝑐𝒉𝑎𝑒𝑙 𝑁𝑑𝑒𝑟𝑖𝑡𝑢
𝐸𝑑𝑖𝑡𝑒𝑑 𝐵𝑦: 𝐽𝑖𝑏𝑖𝑛 𝑀𝑎𝑡𝒉𝑒𝑤 𝐺𝑒𝑜𝑟𝑔𝑒
• Bitcoin ETFs now hold more Bitcoin than Satoshi Nakamoto – a sign of robust demand
• ETF activity has significantly ballooned this year, spurring BTC’s price on the charts
Spot Bitcoin ETFs have been crucial to the cryptocurrency’s demand so
𝐵𝑦: 𝑀𝑖𝑐𝒉𝑎𝑒𝑙 𝑁𝑑𝑒𝑟𝑖𝑡𝑢
𝐸𝑑𝑖𝑡𝑒𝑑 𝐵𝑦: 𝐽𝑖𝑏𝑖𝑛 𝑀𝑎𝑡𝒉𝑒𝑤 𝐺𝑒𝑜𝑟𝑔𝑒
• Bitcoin ETFs now hold more Bitcoin than Satoshi Nakamoto – a sign of robust demand
• ETF activity has significantly ballooned this year, spurring BTC’s price on the charts
Spot Bitcoin ETFs have been crucial to the cryptocurrency’s demand so
𝐗𝐑𝐏 𝐂𝐥𝐢𝐦𝐛𝐬 10% 𝐈𝐧 𝐚 𝐆𝐫𝐞𝐞𝐧 𝐃𝐚𝐲
𝘖𝘯 𝘚𝘢𝘵𝘶𝘳𝘥𝘢𝘺, 𝘟𝘙𝘗 𝘵𝘳𝘢𝘥𝘦𝘥 𝘢𝘵 $2.5663 𝘣𝘺 11:04 (16:04 𝘎𝘔𝘛) 𝘰𝘯 𝘵𝘩𝘦 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨.𝘤𝘰𝘮 𝘐𝘯𝘥𝘦𝘹, 𝘮𝘢𝘳𝘬𝘪𝘯𝘨 𝘢 10.21% 𝘪𝘯𝘤𝘳𝘦𝘢𝘴𝘦—𝘵𝘩𝘦 𝘭𝘢𝘳𝘨𝘦𝘴𝘵 𝘰𝘯𝘦-𝘥𝘢𝘺 𝘨𝘢𝘪𝘯 𝘴𝘪𝘯𝘤𝘦 𝘋𝘦𝘤𝘦𝘮𝘣𝘦𝘳 2.
𝘛𝘩𝘪𝘴 𝘳𝘪𝘴𝘦 𝘦𝘭𝘦𝘷𝘢𝘵𝘦𝘥 𝘟𝘙𝘗'𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘵𝘰 $145.2027𝘉, 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘪𝘯𝘨 3.95% 𝘰𝘧 𝘵𝘩𝘦 𝘵𝘰𝘵𝘢𝘭 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱. 𝘈𝘵 𝘪𝘵𝘴 𝘱𝘦𝘢𝘬, 𝘟𝘙𝘗'𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘸𝘢𝘴 $15
𝘛𝘩𝘪𝘴 𝘳𝘪𝘴𝘦 𝘦𝘭𝘦𝘷𝘢𝘵𝘦𝘥 𝘟𝘙𝘗'𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘵𝘰 $145.2027𝘉, 𝘳𝘦𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘪𝘯𝘨 3.95% 𝘰𝘧 𝘵𝘩𝘦 𝘵𝘰𝘵𝘢𝘭 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱. 𝘈𝘵 𝘪𝘵𝘴 𝘱𝘦𝘢𝘬, 𝘟𝘙𝘗'𝘴 𝘮𝘢𝘳𝘬𝘦𝘵 𝘤𝘢𝘱 𝘸𝘢𝘴 $15
𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗿𝗶𝗰𝗲 𝗕𝗼𝘂𝗻𝗰𝗲𝘀 𝗕𝗮𝗰𝗸 𝗔𝗯𝗼𝘃𝗲 $100𝗞 𝗙𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝗟𝗶𝗾𝘂𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗕𝗹𝗼𝗼𝗱𝗯𝗮𝘁𝗵
𝙰𝚏𝚝𝚎𝚛 𝚝𝚑𝚎 𝚑𝚒𝚜𝚝𝚘𝚛𝚒𝚌 𝚖𝚒𝚕𝚎𝚜𝚝𝚘𝚗𝚎 𝚏𝚕𝚒𝚙𝚙𝚎𝚍 𝚝𝚘 𝚊 𝚍𝚊𝚢 𝚘𝚏 𝚙𝚊𝚒𝚗 𝚏𝚘𝚛 𝚝𝚛𝚊𝚍𝚎𝚛𝚜, 𝙱𝚒𝚝𝚌𝚘𝚒𝚗 𝚛𝚘𝚜𝚎 𝚋𝚊𝚌𝚔 𝚊𝚋𝚘𝚟𝚎 𝚝𝚑𝚎 $100,000 𝚖𝚊𝚛𝚔 𝚘𝚗 𝚊 𝚚𝚞𝚒𝚎𝚝𝚎𝚛 𝙵𝚛𝚒𝚍𝚊𝚢.
Bitcoin has had a volatile few days, surpassing the $100,000 milestone on Wednesday before plunging below $93,000 on Thursday due to significant liquidations. By Friday, the market had calmed, and Bitcoin gradually regained ground, reaching $101,878 before settling at $101,233.
Thursday saw about $890 million in liquidations across all assets, with Bitcoin accounting for $489 million, mostly from long positions. The rebound on Friday followed a strong U.S. jobs report and the appointment of David Sacks as the White House's first AI and Crypto Czar by President-elect Donald Trump..
$BTC
#2024WithBinance
𝙰𝚏𝚝𝚎𝚛 𝚝𝚑𝚎 𝚑𝚒𝚜𝚝𝚘𝚛𝚒𝚌 𝚖𝚒𝚕𝚎𝚜𝚝𝚘𝚗𝚎 𝚏𝚕𝚒𝚙𝚙𝚎𝚍 𝚝𝚘 𝚊 𝚍𝚊𝚢 𝚘𝚏 𝚙𝚊𝚒𝚗 𝚏𝚘𝚛 𝚝𝚛𝚊𝚍𝚎𝚛𝚜, 𝙱𝚒𝚝𝚌𝚘𝚒𝚗 𝚛𝚘𝚜𝚎 𝚋𝚊𝚌𝚔 𝚊𝚋𝚘𝚟𝚎 𝚝𝚑𝚎 $100,000 𝚖𝚊𝚛𝚔 𝚘𝚗 𝚊 𝚚𝚞𝚒𝚎𝚝𝚎𝚛 𝙵𝚛𝚒𝚍𝚊𝚢.
Bitcoin has had a volatile few days, surpassing the $100,000 milestone on Wednesday before plunging below $93,000 on Thursday due to significant liquidations. By Friday, the market had calmed, and Bitcoin gradually regained ground, reaching $101,878 before settling at $101,233.
Thursday saw about $890 million in liquidations across all assets, with Bitcoin accounting for $489 million, mostly from long positions. The rebound on Friday followed a strong U.S. jobs report and the appointment of David Sacks as the White House's first AI and Crypto Czar by President-elect Donald Trump..
$BTC
#2024WithBinance
𝗧𝗼𝗼 𝗦𝗼𝗼𝗻? 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗣𝗿𝗶𝗰𝗲 𝗦𝗽𝗶𝗸𝗲 𝘁𝗼 $200𝗞 𝗜𝘀 '𝗔𝗰𝗵𝗶𝗲𝘃𝗮𝗯𝗹𝗲' 𝗶𝗻 2025, 𝗦𝗮𝘆𝘀 𝗔𝗻𝗮𝗹𝘆𝘀𝘁
𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑗𝑢𝑠𝑡 𝑐𝑙𝑎𝑖𝑚𝑒𝑑 $100,000 𝑓𝑜𝑟 𝑡𝒉𝑒 𝑓𝑖𝑟𝑠𝑡 𝑡𝑖𝑚𝑒 𝑡𝒉𝑖𝑠 𝑤𝑒𝑒𝑘, 𝑏𝑢𝑡 𝑎𝑛𝑎𝑙𝑦𝑠𝑡𝑠 𝑎𝑟𝑒 𝑎𝑙𝑟𝑒𝑎𝑑𝑦 𝑐𝑎𝑙𝑙𝑖𝑛𝑔 𝑓𝑜𝑟 𝑡𝒉𝑒 𝑚𝑎𝑟𝑘 𝑡𝑜 𝑑𝑜𝑢𝑏𝑙𝑒 𝑖𝑛 𝑎 𝑦𝑒𝑎𝑟. 𝐻𝑒𝑟𝑒'𝑠 𝑤𝒉𝑦.
Bitcoin recently hit $100,000 for the first time, and analysts predict it could double in value within a year. Geoff Kendrick from Standard Chartered attributes this surge to institutional investors flocking to spot ETFs and companies like MicroStrategy rapidly accumulating Bitcoin. Kendrick expects institutional flows to continue strong into 2025, potentially driving Bitcoin's price to $200,000.
MicroStrategy's aggressive Bitcoin acquisition plan, aiming to buy $42 billion worth over three years, has already seen them amass 402,100 Bitcoin, worth over $40.5 billion. Kendrick also notes that pension funds and sovereign wealth funds could further boost Bitcoin's price if they allocate to spot ETFs.
While some analysts see the $100,000 mark as a psychological milestone attracting new investors, others warn of potential profit-taking and price fluctuations. Despite recent volatility, Bitcoin remains above $100,000, with predictions of further upside if it maintains this level.
$BTC
𝐵𝑖𝑡𝑐𝑜𝑖𝑛 𝑗𝑢𝑠𝑡 𝑐𝑙𝑎𝑖𝑚𝑒𝑑 $100,000 𝑓𝑜𝑟 𝑡𝒉𝑒 𝑓𝑖𝑟𝑠𝑡 𝑡𝑖𝑚𝑒 𝑡𝒉𝑖𝑠 𝑤𝑒𝑒𝑘, 𝑏𝑢𝑡 𝑎𝑛𝑎𝑙𝑦𝑠𝑡𝑠 𝑎𝑟𝑒 𝑎𝑙𝑟𝑒𝑎𝑑𝑦 𝑐𝑎𝑙𝑙𝑖𝑛𝑔 𝑓𝑜𝑟 𝑡𝒉𝑒 𝑚𝑎𝑟𝑘 𝑡𝑜 𝑑𝑜𝑢𝑏𝑙𝑒 𝑖𝑛 𝑎 𝑦𝑒𝑎𝑟. 𝐻𝑒𝑟𝑒'𝑠 𝑤𝒉𝑦.
Bitcoin recently hit $100,000 for the first time, and analysts predict it could double in value within a year. Geoff Kendrick from Standard Chartered attributes this surge to institutional investors flocking to spot ETFs and companies like MicroStrategy rapidly accumulating Bitcoin. Kendrick expects institutional flows to continue strong into 2025, potentially driving Bitcoin's price to $200,000.
MicroStrategy's aggressive Bitcoin acquisition plan, aiming to buy $42 billion worth over three years, has already seen them amass 402,100 Bitcoin, worth over $40.5 billion. Kendrick also notes that pension funds and sovereign wealth funds could further boost Bitcoin's price if they allocate to spot ETFs.
While some analysts see the $100,000 mark as a psychological milestone attracting new investors, others warn of potential profit-taking and price fluctuations. Despite recent volatility, Bitcoin remains above $100,000, with predictions of further upside if it maintains this level.
$BTC
𝗦𝗲𝗺𝗹𝗲𝗿 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 𝗔𝗱𝗱𝘀 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 $30 𝗠𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝘁𝗼 𝗶𝘁𝘀 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗦𝗵𝗲𝗲𝘁
Semler Scientific has added more Bitcoin to its corporate treasury, acquiring 303 Bitcoin at an average price of $96,779 between November 25 and December 4. This brings their total holdings to 1,873 Bitcoin, valued at over $189 million.
Company Chairman Eric Semler reported a BTC Yield of 78.7%. Semler's strategy of using shares of common stock to purchase Bitcoin, tracking the BTC Yield as a key performance indicator, places it 14th among publicly traded companies for Bitcoin holdings.
Initially adopted in May, Semler’s Bitcoin treasury strategy aims to leverage Bitcoin's potential as "digital gold." Other companies like MicroStrategy and Japan's Metaplanet have pursued similar strategies. Semler Scientific (SMLR) is traded on NASDAQ and has seen a 33% increase this year, though it recently closed down by 7.6% at $58.55. $BTC
Semler Scientific has added more Bitcoin to its corporate treasury, acquiring 303 Bitcoin at an average price of $96,779 between November 25 and December 4. This brings their total holdings to 1,873 Bitcoin, valued at over $189 million.
Company Chairman Eric Semler reported a BTC Yield of 78.7%. Semler's strategy of using shares of common stock to purchase Bitcoin, tracking the BTC Yield as a key performance indicator, places it 14th among publicly traded companies for Bitcoin holdings.
Initially adopted in May, Semler’s Bitcoin treasury strategy aims to leverage Bitcoin's potential as "digital gold." Other companies like MicroStrategy and Japan's Metaplanet have pursued similar strategies. Semler Scientific (SMLR) is traded on NASDAQ and has seen a 33% increase this year, though it recently closed down by 7.6% at $58.55. $BTC
ℂ𝕠𝕚𝕟𝕓𝕒𝕤𝕖 𝕚𝕟𝕥𝕖𝕘𝕣𝕒𝕥𝕖𝕤 𝔸𝕡𝕡𝕝𝕖 ℙ𝕒𝕪 𝕥𝕠 𝕆𝕟𝕣𝕒𝕞𝕡 𝕗𝕠𝕣 𝕗𝕚𝕒𝕥-𝕥𝕠-𝕔𝕣𝕪𝕡𝕥𝕠 𝕡𝕦𝕣𝕔𝕙𝕒𝕤𝕖𝕤
Coinbase Global (NASDAQ:COIN) added Apple Pay (NASDAQ:AAPL) for all fiat-to-crypto purchases to its Onramp product for onboarding to crypto, as it seeks to streamline what can be a cumbersome process, the company announced on Monday.
The tool eases fiat-to-crypto conversions with "lightweight" know-your-customer ("KYC") requirements for eligible purchases, the company said.
"Onboarding to crypto can be a pain for your users: it can take a long time, require them to go through lengthy KYC (often requiring back and forth interactions), and use multiple apps," Coinbase (NASDAQ:COIN) said in a blog post.
"With Apple Pay, getting onchain only takes seconds," it said.
Apps that already use Coinbase Onramp already have access to the feature. For the app users, Apple Pay will automatically appear as an option when making an eligible purchase.
Coinbase (COIN) stock jumped 3.8% in early afternoon trading on Monday. That comes on a day when bitcoin (BTC-USD) slipped 2.1% to $95.3K.
$BTC
#ETHOnTheRise
Coinbase Global (NASDAQ:COIN) added Apple Pay (NASDAQ:AAPL) for all fiat-to-crypto purchases to its Onramp product for onboarding to crypto, as it seeks to streamline what can be a cumbersome process, the company announced on Monday.
The tool eases fiat-to-crypto conversions with "lightweight" know-your-customer ("KYC") requirements for eligible purchases, the company said.
"Onboarding to crypto can be a pain for your users: it can take a long time, require them to go through lengthy KYC (often requiring back and forth interactions), and use multiple apps," Coinbase (NASDAQ:COIN) said in a blog post.
"With Apple Pay, getting onchain only takes seconds," it said.
Apps that already use Coinbase Onramp already have access to the feature. For the app users, Apple Pay will automatically appear as an option when making an eligible purchase.
Coinbase (COIN) stock jumped 3.8% in early afternoon trading on Monday. That comes on a day when bitcoin (BTC-USD) slipped 2.1% to $95.3K.
$BTC
#ETHOnTheRise
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