Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support. Source link
Day: December 23, 2024
Hyperliquid Labs addresses reports of North Korean-linked activity on its protocol
Key Takeaways Hyperliquid Labs denies any exploit or vulnerability linked to DPRK wallet activity, ensuring user funds are secure. HYPE token dropped over 25% from $34 to $25 but rebounded to $27 after Hyperliquid Labs addressed concerns. Share this article Hyperliquid, a leading on-chain perpetual futures exchange, faced scrutiny after allegations emerged of North Korean-linked wallet activity on its platform. Security expert Taylor Monahan of MetaMask reported that wallets connected to North Korean hackers had traded ETH on Hyperliquid, resulting in over $700,000 in liquidations. “DPRK doesn’t trade. DPRK tests,”…
Bitcoin Christmas: How to give family and friends useful crypto advice
Deck the halls with some sound advice about getting into cryptocurrency. Source link
La Rosa Holdings to offer Bitcoin payments for real estate agents
The real estate platform will allow agents to receive commissions in digital assets under a 2% fee. Source link
Bitcoin extends losses as traders see sub-$90K BTC price support test
Bitcoin traders are offering more and more bearish short-term BTC price targets as the return of Wall Street fails to offer relief. Source link
Got rich off Bitcoin? Unchained explains how multisig wallets protect investors’ BTC
Everyone’s heard “Not your keys, not your coins.” Unchained head of research Joe Burnett explains how investors can protect their Bitcoin. Source link
Bitcoin proxy MicroStrategy officially debuts on Nasdaq-100
Key Takeaways MicroStrategy has joined the Nasdaq-100 index as part of its annual reconstitution. The inclusion allows index-tracking funds like the Invesco QQQ Trust to gain exposure to MicroStrategy and its Bitcoin holdings. Share this article MicroStrategy (MSTR), along with Palantir Technologies (PLTR) and Axon Enterprise (AXON), is officially part of the Nasdaq-100 index ahead of market opening on December 23, according to data from Nasdaq. The three companies will replace Illumina Inc. (ILMN), Super Micro Computer Inc. (SMCI), and Moderna Inc. (MRNA). As of the latest data, MSTR entered…
Nokia files patent for digital asset encryption device and program
A Nokia patent application showed that the company may be diving into digital asset encryption. Source link
MicroStrategy scoops another 5,262 BTC before joining Nasdaq-100
Key Takeaways MicroStrategy acquired 5,262 Bitcoin worth $561 million before joining the Nasdaq-100 index. The company’s total Bitcoin holdings represent over 2% of Bitcoin’s total supply. Share this article MicroStrategy announced on Monday that it acquired 5,262 Bitcoin valued at $561 million between December 16 and 22, marking its seventh consecutive week of Bitcoin purchases ahead of its upcoming inclusion in the Nasdaq-100 index. The acquisition was executed at an average price of approximately $106,662 per coin. MicroStrategy has acquired 5,262 BTC for ~$561 million at ~$106,662 per bitcoin and…
What are ETF fund flows, and why do they matter?
ETF fund flows refer to the movement of money into or out of exchange-traded funds, and they matter because they indicate investor sentiment and can influence market trends. Source link