Cathedra Bitcoin Announces Non-Brokered LIFE Offering to Purchase BTC

September 20, 2024 Bitcoin.com

Cathedra Bitcoin Inc. has unveiled a non-brokered private placement aimed at raising up to C$2.5 million ($1.85 million). The funds will be used for bitcoin purchases, infrastructure expansion, and general corporate needs. Cathedra Bitcoin’s Bold Private Raise Cathedra (TSX-V: CBIT; OTC: CBTTF) has recently shifted its focus away from bitcoin mining, opting to prioritize bitcoin […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key Support

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

PCE Report Triggers Gold Slide, Analyst Warns Fed Rate Cut Could Deepen Losses

August 30, 2024 Bitcoin.com

Bitcoin

On Friday, Aug. 30, 2024, gold experienced a decline in value, coinciding with the U.S. Commerce Department’s release of the personal consumption expenditures (PCE) price index data. The PCE climbed by 2% in July, aligning perfectly with market expectations. During the day, gold hit a low of $2,495, but it later bounced back, crossing the […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Devere CEO Advises Shifting Away From US Assets as Dollar Weakens

August 22, 2024 Bitcoin.com

bitcoin.com

Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges and opportunities, he said, advising investors to strategically diversify away from dollar-heavy assets to capitalize […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000

August 9, 2024 Bitcoin.com

Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to ,000

2008 Crisis

In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased stock market volatility and global recession, particularly emphasizing economic challenges in China. He suggested that […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Japanese firm Metaplanet to invest $58.76M in Bitcoin

August 6, 2024 Coin Telegraph

Japanese firm Metaplanet to invest .76M in Bitcoin

10 billion yen

Metaplanet Inc. allocates 8.5 billion yen for Bitcoin, enhancing its crypto treasury amid Japan’s market volatility.

Metaplanet Inc. announced a gratis allotment of its 11th series of stock acquisition rights to all common shareholders during the company’s Board of Directors meeting.

The decision was made to raise approximately 10 billion yen worth around $69.13 million, with 8.5 billion yen worth $58.76 million set for investment in Bitcoin (BTC).

All common shareholders will receive the stock acquisition rights as of Sept. 5, with the allotment effective from Sept. 6 onward.

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections

July 6, 2024 Bitcoin.com

All time high

As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14, 2024, about four months ago. Metrics indicate that this is the longest period in bitcoin’s history without a 25% decline during a bull market. In contrast, both the 2017 and 2021 bull markets experienced several […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Robinhood users are getting AI tools to help them trade

July 2, 2024 Coin Telegraph

Coin Telegraph

Robinhood has acquired Pluto Capital, an AI powered investment research firm.

Robinhood users will soon have access to AI tools to make more informed trades following the firm’s acquisition of AI-powered investment research firm Pluto Capital.

Pluto’s AI will provide Robinhood traders with personalized investment strategies, data analytics tools and real-time insights to make “informed decisions swiftly and confidently,” Robinhood said in its July 1 statement.

The acquisition will also see Pluto’s founder and CEO, Jacob Sansbury, help Robinhood assist with its product roadmap and AI integrations.

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Tidal Investments Proposes Bitcoin and Gold ETF to Mitigate Market Volatility

July 1, 2024 Bitcoin.com

Bitcoin

Tidal Investments has announced a proposal for an actively-managed exchange-traded fund (ETF) that combines investments in bitcoin and gold. This fund aims to provide long-term capital appreciation while mitigating short-term market volatility through dual exposure to these asset classes. Tidal Looks for SEC Approval for a Leveraged Bitcoin and Gold ETF The STKD Bitcoin and […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC

May 28, 2024 Bitcoin.com

Bitcoin

On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its […]

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Bitcoin Network Preps for Another Difficulty Spike as Hashrate Remains Strong and Miners Profit Amid Price Surge

March 21, 2023 Bitcoin.com

Algorithm

Following the last two difficulty increases on the Bitcoin network, another rise in difficulty is expected to take place on March 24, 2023. Statistics show that Bitcoin’s hashrate has remained high despite the last two adjustments, and block times have been faster than the ten-minute average. Bitcoin Difficulty Expected to Rise Following the Past Two […]

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