Brazilian fintech firm Méliuz announced plans to raise $26.5 million for additional Bitcoin purchases, following an earlier acquisition of $28.5 million worth of BTC, according to Cryptonews. The company aims to fund its Bitcoin treasury strategy through options like issuing shares or convertible debt, in collaboration with investment banking firm BTG Pactual.#BinanceAlphaAlert #BTCBreaksATH110K #BinanceHODLerHAEDAL $BTC
Leveraging its Swiss heritage in the digital asset space, Bitcoin Suisse's affiliate, BTCS (Middle East), has secured a preliminary nod from Abu Dhabi's Financial Services Regulatory Authority (FSRA). This in-principle approval (IPA) from the ADGM paves the way for the entity to potentially deliver a suite of regulated cryptocurrency services across the broader MENA landscape. The anticipated offerings include the facilitation of trading in virtual currencies, securities and derivative products collateralized by crypto, alongside secure custody solutions, all contingent upon the final regulatory green light. $BTC $ETH $XRP #BTCBreaksATH110K #BinanceAlphaAlert #DinnerWithTrump
Uniswap Labs has brushed off Bancor’s patent infringement lawsuit, claiming it is a tactic for attention amid the evolving U.S. crypto and DeFi regulatory landscape. Bancor’s lawsuit alleges Uniswap used its patented automated market maker technology for over eight years. Uniswap dismissed the claims, calling them a "wasteful distraction" and criticized the move as anti-DeFi. $BTC $ETH $BNB #BTCBreaksATH110K #BinanceAlphaAlert
#BTC🔥🔥 These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000
Commentators CNBC spoke to, both inside and outside of the cryptocurrency industry, have given various price predictions for bitcoin in 2024, ranging from $60,000 to $500,000.
Industry executives have called the start of a new bull run, mainly predicated on two things — the bitcoin "halving" and the potential approval of a bitcoin exchange-traded fund in the U.S.
2023 was marked by the conclusion of criminal probes against FTX and Sam Bankman-Fried as well as Binance and its founder Changpeng Zhao.
BITCOIN had a huge rally in 2023, with the digital currency up some 152% for the year.
And a number of commentators CNBC spoke to — both inside and outside of the cryptocurrency industry — expect the rise to continue.
Uniswap, a leading decentralized exchange (DEX) platform, launched the largest airdrop in crypto history by distributing 150 million UNI tokens on September 16, 2020. Referring to the highest price of UNI on Coingecko at US$42.8, the airdrop was worth US$6.43 billion .
This airdrop became one of the most important events of the ‘DeFi Summer’ and marked the revival of the airdrop model first introduced in 2014. Uniswap enables the exchange of ERC-20 tokens without the need for traditional exchanges, changing the way users interact with crypto assets.