Bitcoin Miner MARA Acquires 15,574 BTC
@MarathonDH acquires 15,574 $BTC for $1.53B (Dec 2024), expanding holdings to 44,394 BTC with unrealized profit of $64M. #Update #Bitcoin @MarathonDH ↗ (+7)
Crypto Controversy Deaton Challenges Warren
Crypto advocate John Deaton criticizes U.S. Senator Elizabeth Warren’s crypto stance, accusing her of banking ties and attributing the Democrats’ election loss to her “anti-crypto army” slogan (Oct 2023). #Cryptocurrency @JohnEDeaton1 ↘ (-3)
Polkadot Trust Registered for ETF Launch
@Hedera increased $HBAR by 1.39% to $0.27011 in 24h as its hashgraph platform enables secure, trustless online collaboration and transactions (June 2024). Cryptocurrency @Hedera ↗ (+3)
Bitcoin Limit Questioned by BlackRock
BlackRock reignites debate on Bitcoin’s 21 million BTC cap, suggesting changes via hard fork could impact its scarcity and investor trust (Jan 2024). #Update #Bitcoin @BlackRock ↘ (-3)
Bitcoin Surge Boosts Chinese ASIC Prices
Bitcoin’s rise above $100,000 boosts demand for Chinese ASIC miners, with Antminer S21 and S21 XP prices up 30% (Dec 2024); top buyers include the US, Canada, Russia, Ethiopia. #Update #Bitcoin @BitmainTech ↗ (+8)
Coinbase Shares Sold Ark Invest Reacts
@ARKInvest sold 13,780 @Coinbase shares for $3.9M at $283 each (Dec 2024) after Federal Reserve’s interest rate decision and Jerome Powell’s speech caused market downturns in crypto, affecting @MarathonDH stock. ↘ (-3) @ARKInvest #CryptoMarket #Update
Solana DApp Revenue Hits $365M Milestone
Solana’s decentralized finance ecosystem drove a record $365M revenue in November 2024. @SolanaDeFi led with 84%, while Pump.fun added $106M. Telegram bots contributed $82M. Solana’s DePIN is gaining attention. #CryptoNews #Solana #BlockchainInnovation
Bitcoin Acquisition: Hut 8 Buys 990 BTC
@Hut8Mining acquired 990 $BTC for $100M, boosting holdings to 10,096 BTC valued at over $1B; ranks among top 10 corporate holders globally (2024). ↗ (+5) @Hut8Mining @CoinDesk
TRON Collaboration: Bitget Acquires $10M TRX
@Bitget has acquired $10M of $TRX from @TRON, a leading Layer 1 blockchain with over 279 million user accounts. This partnership aims to boost blockchain development and accessibility, potentially setting new standards for digital transactions. #CryptoNews #Blockchain
Executive Sentenced for $4.5M Theft
Dylan Meissner, ex-VP of Finance at @DelphiDigital, sentenced to 4 years for embezzling $4.5M in cryptocurrency. Ordered to repay $4.6M and serve two years under supervision. Highlights need for stricter oversight in crypto. #Fraud #CryptoSecurity
ENS Labs Chooses Linea for L2 Launch
ENS Labs and Linea launch an L2 network using zkEVM tech, enhancing Ethereum smart contract compatibility. This boosts transaction throughput and reduces fees, potentially setting new standards in the crypto industry. #Ethereum #Blockchain
Ethereum: Kraken Layer-2 Live Launch
@Kraken’s Ink Layer-2, built on @Optimism’s OP Stack, launched early on $ETH mainnet. Boosted by a $58M grant, it partners with Curve, Frax, and others to enhance DeFi. This move increases scalability and innovation. #Ethereum #DeFi #Blockchain
Polygon Rejects Fund Bridge Proposal
The @Polygon community halted a $1.3 billion proposal to invest stablecoins in Morpho’s DeFi platform due to security concerns, potential ecosystem risks, and disputes with @Aave. This decision highlights the challenge of managing large $stablecoin reserves. #CryptoNews #DeFi #Blockchain
Blockchain Breakthrough: BlackRock’s Pioneering ETF
@BlackRock invested $6.5 million in Quincy, MA, municipal bonds using @JPMorgan’s blockchain. This marks the first blockchain-based municipal bond investment, aiming to boost efficiency and security. Other entities like @GoldmanSachs are exploring similar moves. #Blockchain #CryptoInnovation