Semler Scientific, a California-based med-tech company, recently made headlines with its decision to purchase an additional 247 BTC for $17 million in cash. This brings the company’s total Bitcoin holdings to 828 BTC, acquired for a total of $57 million. In a bold move, Semler also announced its intention to raise $150 million to further
Crypto
Kraken, a well-established cryptocurrency exchange in the United States, is reportedly preparing for a significant funding round ahead of a potential initial public offering next year. According to sources familiar with the matter, the exchange is looking to raise $100 million in a pre-IPO round to fuel its expansion efforts. If successful, Kraken would join
Robert Kiyosaki, the well-known financial guru and author of the best-selling book Rich Dad Poor Dad, has recently made a bold prediction regarding the price of Bitcoin. In a tweet, Kiyosaki expressed his confidence that the price of Bitcoin will reach a staggering $350,000 by August 25. While he acknowledged that his prediction may seem
In the ever-evolving world of cryptocurrency, Chainlink (LINK) has once again solidified its position as the top real-world asset in terms of development activity. Santiment recently revealed that LINK is leading the pack, followed closely by Synthetix (SNX), Centrifuge (CFG), and Oraichain (ORAI). Real-world assets, which represent physical assets such as properties and objects, have
The detention of Tigran Gambaryan, a high-ranking executive at Binance, by Nigerian authorities has raised major concerns among a group of U.S. lawmakers. They have called on President Joe Biden to intervene in what they describe as a hostage crisis. Gambaryan has been held for nearly three months, with his health deteriorating during his time
In recent months, there has been a noticeable trend of large bitcoin holders, commonly referred to as “whales”, accumulating more tokens. The latest data reveals that a specific group of whale addresses now collectively own over 40% of the total bitcoin supply. This significant accumulation by whales, particularly those holding over 1,000 BTC, has been
In recent times, meme coins have dominated the cryptocurrency market, attracting the attention of large investors known as whales. One such whale has made headlines by aggressively accumulating Shiba Inu (SHIB) tokens. Over the course of just six hours, this investor spent a staggering 4,849 ETH, equivalent to approximately $18.44 million, to acquire an astonishing
Traders’ positions indicate a moderate level of excitement surrounding the upcoming launch of spot Ethereum ETFs. Despite a relatively uneventful week, K33 research suggests that these funds could potentially follow a similar explosive path to Bitcoin ETFs. The research firm projects that approximately $4 billion could flow into spot Ethereum ETFs within the first five
Binance Coin, the native token of the world’s largest cryptocurrency exchange, has recently seen a surge in its price, reaching a new all-time high above $700. However, this success comes amidst a backdrop of regulatory challenges and legal issues that have plagued the exchange. Binance has been embroiled in a legal battle with Nigerian authorities,
Watford Football Club has taken a bold step towards revolutionizing the ownership structure of football clubs by offering 10% of its equity to investors, including its very own fans. This move marks a significant shift in the traditional ownership model of football clubs, providing an opportunity for fans and investors to have a stake in
Recently, one frog-themed meme coin has been gaining significant popularity in the cryptocurrency market. Brett (BRETT) experienced a 30% spike in its price within a 24-hour period, bringing it close to a new all-time high. This particular meme coin was created three months ago but only started gaining traction towards the end of March, primarily
Polkadot Blockchain Academy recently launched its fifth cohort in Singapore with the aim of nurturing developer talent. The initiative has 184 lecture hours and 18 experienced instructors guiding the participants. Additionally, Polkadot introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite these advancements, the price of DOT
Binance, one of the leading cryptocurrency exchanges, recently made an announcement that it will be halting trading services for some cryptocurrencies. This decision has had a significant impact on the prices of the affected assets, with some experiencing sharp declines in value. The exchange continues to make adjustments to its offerings in order to enhance
Ripple’s decision to contribute $25 million to the Fairshake super PAC demonstrates its commitment to advocating for pro-crypto policies and politicians. This aligns with an industry-wide effort to ensure fair and balanced regulation within the cryptocurrency industry. The ongoing legal battle with regulatory bodies like the SEC has prompted Ripple to take a more proactive