Microsoft shareholders have decisively voted against a proposal to explore adding Bitcoin to the company’s treasury holdings. The decision during the company’s annual shareholder meeting resulted from the persistent skepticism among major corporations about Bitcoin’s volatility and its role as a reliable financial asset. The proposal, titled “Assessment of Investing in Bitcoin,” was introduced by…
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Bitwise Releases 2025 Crypto Predictions: Bitcoin to $200,000
Bitwise has published its 2025 crypto predictions, projecting significant milestones for Bitcoin, tokenized assets, and regulatory developments. According to the report, Bitwise predicts Bitcoin’s price will surpass $200,000 in 2025, and if the U.S. government proceeds with plans to establish a strategic reserve of 1 million Bitcoins, the price could exceed $500,000. 2024 was a…
Jupiter DEX Approves Revised Airdrop Proposal After Initial $1.7B Plan Fails
Over on Solana, the decentralized exchange (DEX) aggregator Jupiter has just approved a revised airdrop proposal after DAO voters rejected an initial plan for an airdrop of $1.7 billion in the exchange’s native $JUP token. The initial vote failed after only 58% of votes approved of the initial plan. This fell far short of the…
MARA Acquires Nearly 12K Bitcoin Worth $1.1 Billion
MARA Holdings (MARA), a Bitcoin miner, announced on X on December 10 that it had bought 11,774 BTC in a new acquisition. The mining firm purchased Bitcoin using proceeds from its zero-coupon convertible notes offerings, paying approximately $1.1 billion at an average price of $96,000 per Bitcoin. This brings MARA’s total Bitcoin holdings to 40,435…
Bitdeer Shares Skyrocket 170% in a Month, Benchmark Predicts Further Upside
Shares for Singapore-based Bitcoin mining company Bitdeer (ticker BTDR) have risen 170% in the past month alone as global demand for mining equipment and data centers continues to rise. Bitdeer’s steady advances in the stock market have been fairly consistent, with share prices rallying almost 4X over the last four months. Additionally, Bitdeer stock jumped…
Liquidations Rock the Market, but Solana Clings to Key Levels – Is $300 in Sight?
With today’s 4.27% price lapse, the Solana price finds itself at a critical juncture as it retests crucial supports to its uptrend so far. Losing which, stands to derail bullish end-of-year projections for the front-running altcoin. These levels mark a potential turning point from the 4.01% loss over the past week, highlighting a crucial moment…
Shiba Inu’s Rally Hits a Snag – Could More Corrections Be Around the Corner?
The price of Shiba Inu has plummeted by 10% today, dropping to $0.00002683 as the cryptocurrency market suffers a 4% decline in the past 24 hours. SHIB is also down by 8.5% in the past week, although the meme token remains up by 19% in a month and by 160% in a year. Its fall…
Bank of England Explores ZK-Proofs for Privacy in Digital Pound Development
The Bank of England has released its latest research highlighting the potential of cutting-edge privacy technologies, such as zero-knowledge proofs (ZK-proofs), to bolster user privacy in a prospective digital pound. The findings, outlined in the report titled “Enhancing the Privacy of a Digital Pound,” delve into how these technologies might safeguard user data while ensuring…
Argentina Regulator Approves Entry of US Crypto ETFs
Argentina’s securities regulator, Comisión Nacional de Valores (CNV), has announced that US exchange-traded funds (ETFs), including crypto-related ETFs, are available for trading under the CEDEAR program. The initiative, regulated by RG No. 1030, introduces Bitcoin and Ethereum spot ETFs, marking the end of a six-year prohibition under Law No. 27440. In a December 10 statement,…
New Zealanders Skeptical of CBDCs: Survey Reveals Privacy Concerns
On December 10, the Reserve Bank of New Zealand (RBNZ) released findings from its recent public consultation on a potential central bank digital currency (CBDC), revealing widespread skepticism. Results Highlight Limited Interest in Digital Cash The consultation, conducted between April and July 2024, sought opinions on the necessity of a CBDC for New Zealand’s economy….