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GSR’s Potential Market-Making Role In $BAN: A Game-Changer For Liquidity And Investor Confidence

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Binance launched the $BAN contract yesterday, triggering a sharp increase in its liquidity. Today, market watchers discovered GSR’s possible involvement in market-making for $BAN, based on notable wallet activities. Here’s a breakdown of the evidence supporting this observation: 1. GSR’s wallet (address: GNjGn…4iBW4, identified by Arkham) withdrew 1.5 million BAN tokens from Gate.io and MEXC … Read more

Chris Pavlovski Stirs the Crypto Pot—Should the Video Platform Rumble Hold Bitcoin?

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On Tuesday, shortly before bitcoin (BTC) reached a lifetime high of $94,057 per coin, Rumble CEO Chris Pavlovski sparked interest on X. He posed a question to his 289,300 followers, asking whether Rumble should adopt bitcoin as a strategy and add it to its balance sheet. Michael Saylor Joins Rumble’s Bitcoin Treasury Debate: ‘I’d Be … Read more

Betting on Armageddon? Polymarket Users Wager on Nuclear Detonation in 2024

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Following U.S. President Joe Biden’s approval for Kyiv to fire long-range missiles into Russian territory, Ukraine reportedly targeted a Russian weapons depot. As chatter about World War III floods social media, bettors on Polymarket are placing wagers on whether a nuclear weapon will be detonated before the year ends. Biden’s Missile Green Light Sparks World … Read more

Nexbridge Brings US Treasuries to Bitcoin Blockchain With USTBL Offering

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Nexbridge, a digital asset issuer, has introduced USTBL—a regulated gateway for investors to tap into U.S. Treasury returns through blockchain technology. Anchored on Blockstream’s Liquid Network, the offering leverages the firm’s Asset Management Platform, aiming to ensure streamlined compliance and bolstering transparency. The issuance kicks off with a soft cap set at $30 million. Blockstream’s … Read more

Ethereum ETFs Falter With $39M Losses as Bitcoin ETFs Steal the Show

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On Monday., Nov. 18, spot bitcoin exchange-traded funds (ETFs) had an impressive showing, attracting $254.82 million in positive inflows. Meanwhile, the nine spot ether ETFs faced a tough day, recording losses during trading. Crypto Clash: Bitcoin ETFs Surge With $254M Inflows as Ethereum Stumbles With $39M Outflows Spot bitcoin ETFs clearly stole the spotlight. Leading … Read more

Planning Ahead: Cosmos Health Looks to Add Bitcoin and Ethereum to Its Treasury

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Chicago-based Cosmos Health, a publicly traded, vertically integrated global healthcare company, is diving into the crypto space by incorporating digital assets into its treasury reserves. A Publicly Traded Healthcare Firm’s Bold Plan to Add Bitcoin to Its Treasury On Monday, the company announced through a series of press releases issued online that it would follow … Read more

Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases

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Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling down on its commitment to bitcoin investments. Business Intelligence Firm Seeks $1.75 Billion in Private Offering to Continue Bitcoin Strategy The business intelligence firm, Microstrategy (Nasdaq: MSTR), publicly listed and based in Virginia, is set … Read more

Coinshares: Digital Asset Market Hits Unprecedented $138 Billion in Managed Funds

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Coinshares reported that digital asset inflows reached $2.2 billion last week, pushing year-to-date inflows to a record $33.5 billion. Crypto Boom: Bitcoin Leads $2.2 Billion Weekly Inflows, Ethereum Surges Back The latest exchange-traded product (ETP) surge was analyzed in the latest report led by James Butterfill, Coinshares’ head of research. The data from the digital … Read more

MARA Plans $700 Million Convertible Notes Offering to Fund Bitcoin Purchase

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MARA Holdings, Inc., a Nasdaq-listed bitcoin mining firm, has announced plans for a $700 million private offering of convertible senior notes due in 2030. MARA Holdings Proposes $700 Million Convertible Notes Offering MARA Holdings (Nasdaq: MARA) disclosed on Nov. 18 that the proposed offering is intended for qualified institutional buyers under Rule 144A of the … Read more