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Coinbase Brings its Wrapped Bitcoin to Solana

[Forum Announcement] Coinbase Brings its Wrapped Bitcoin to Solana

On Thursday, cryptocurrency exchange Coinbase said that its wrapped Bitcoin product, cbBTC, has been launched on Solana after its initial introduction in September, aiming to expand its use beyond the Ethereum ecosystem. cbBTC is the first token issued by Coinbase on Solana and will exist in the form of an SPL token. According to Solana's document

XRP Price Ready to Rally? Signs Point to a Bullish Move

[Forum Announcement] XRP Price Ready to Rally? Signs Point to a Bullish Move

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an

MicroStrategy to Raise $42 Billion for Further Bitcoin Purchases Amid Core Business Struggles

[Forum Announcement] MicroStrategy to Raise $42 Billion for Further Bitcoin Purchases Amid Core Business Struggles

On October 30, 2024, MicroStrategy (Nasdaq: MSTR) released its financial report for the third quarter of 2024, covering Bitcoin acquisition strategies and challenges in the software business: - **Bitcoin - related strategies**: MicroStrategy, famous for its Bitcoin holdings, announced the “21/21 Plan” to raise $42 billion in three years ($21 b

BlackRock’s IBIT sees record $872m inflow amid 6-day Bitcoin ETF streak

[Forum Announcement] BlackRock’s IBIT sees record $872m inflow amid 6-day Bitcoin ETF streak

According to data from SoSoValue, the 12 spot Bitcoin ETFs collectively recorded $893.21 million in inflows on Oct. 30, an amount second only to the $1.045 billion inflow recorded on March 12. This extended their inflow streak to six days, with total net inflows surpassing $3 billion. BlackRock’s spot Bitcoin ETF, in particular, led this rally w

U.S ETFs Breach 1M BTC As Shiba Inu Price Slides 3%

[Forum Announcement] U.S ETFs Breach 1M BTC As Shiba Inu Price Slides 3%

The SHIB price has fallen 3% in the last 24 hours to $0.00001855. This decline comes after Bitcoin’s price slid to a daily low of $71,430. However, the king of crypto is up once again and is trading at $72,219.

Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?

[Forum Announcement] Bitcoin’s Active Addresses Signals Golden Cross—What Next For BTC?

Bitcoin on-chain activity is gaining momentum as a CryptoQuant analyst, known as ‘Yonsei Dent,’ recently pointed to a potential golden cross within the active addresses metric. This indicator tracks the number of unique addresses engaging with the Bitcoin network, providing insights into the network’s overall activity, investor involvement,

Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

[Forum Announcement] Satoshi’s Record At Stake: Bitcoin ETFs Could Cross 1 Million BTC Today

US Bitcoin ETFs recorded their highest daily inflow since inception, amassing $870 million on Tuesday. This surge in investment comes as the largest cryptocurrency inches closer to its all-time high of $73,700, originally reached in March. This comes as investor sentiment appears to be buoyed by speculation surrounding a potential victory for Rep

Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

[Forum Announcement] Bitcoin Makes ATH Against Euro Due To Change In Dollar Strength, Details Inside

Although Bitcoin (BTC) is yet to breach its USD all-time high (ATH) value, the flagship cryptocurrency has made a new ATH against the euro (EUR) and some other fiat currencies.