[ad_1] Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, in a press release sent to Bitcoin Magazine.700,000,000 satoshis (7 BTC) currently worth $706,000 at the time of writing, is being granted across 20 different projects around the world focusing on technical education for people living under authoritarian regimes, independent media outlets, decentralizing mining, and providing human rights groups with more private financial solutions — with a main areas of focus for these grants center around countries and regions in Latin America, Asia, and Africa.While the HRF did not disclose how much money each project is…
Author: dfrancis36
[ad_1] A lucky crypto trader scored a gigantic return after investing early in the new native asset of a non-fungible token (NFT) project built on Solana (SOL). The market analytics platform Arkham Intelligence notes that someone bought only $6 worth of PENGU, the new utility token for the NFT project Pudgy Penguins, then added it to the Solana-based decentralized exchange (DEX) Raydium (RAY) paired with $1100 worth of SOL. Explains Arkham, “Multiple users trying to snipe PENGU’s launch swapped into his pool, and bought tokens at highly unfavorable prices – earning him a profit of $87,000 in SOL and PENGU…
[ad_1] Este artículo también está disponible en español. The broader crypto market experienced a pronounced downturn following yesterday’s Federal Open Market Committee (FOMC) meeting, held on December 18. After the US Federal Reserve delivered a 25-basis-point rate cut as anticipated, it also signaled fewer cuts in 2025 than previously expected. In response, the Bitcoin price fell by more than 5%, dropping below the $100,000 mark before showing slight signs of recovery. Altcoins saw across-the-board double-digit percentage declines. The Federal Reserve’s decision—while meeting expectations for a 25-basis-point reduction—came with a notable shift in the projected rate trajectory for next year. Rather…
[ad_1] As the crypto market braces up for a new bullish rally in 2025, analysts are focusing on high-performing assets that could lead the charge. Among these, Dogecoin stands out as a contender with growing mainstream adoption and a loyal investor base. Despite its fun and viral start, DOGE has surged in value over the years, trading at $0.3853 at the time of writing. With the token -48% away from its All-Time High price ($0.7376), investors wonder if DOGE can surpass $1 in the first quarter of 2025. As we find the answers, crypto analysts are betting on a new…
[ad_1] Este artículo también está disponible en español. In a report published on December 17, analysts at cryptocurrency exchange Bitfinex stated that a combination of rising institutional adoption of Bitcoin (BTC) and bullish technical indicators could push the leading cryptocurrency as high as $200,000 by mid-2025. The report also predicts that any price corrections during 2025 are likely to ‘remain mild.’ Bitcoin Pullbacks To Be Mild In 2025 Earlier this month, Bitcoin crossed the psychologically significant $100,000 price level, pushing its total market capitalization to slightly above $2 trillion at the time of writing. However, according to the latest edition…
[ad_1] Bitcoin (BTC) bull Michael Saylor, who is co-founder and Chairman of MicroStrategy, has expressed a desire to enhance “intelligent leverage” for the company’s shareholders as it continues its strategy of investing heavily in the market’s leading crypto. MicroStrategy’s Shares Soar 500% In 2024 In a recent interview on Bloomberg Television, Saylor highlighted that MicroStrategy holds $7.2 billion in convertible securities, with approximately $4 billion effectively acting as equity due to their favorable trading conditions. He noted, “They are trading with a delta of approximately 100%, looking like equity,” indicating a strong correlation between the convertible bonds and the company’s…
[ad_1] Este artículo también está disponible en español. The Bitcoin price experienced a significant downturn on Wednesday, briefly falling below the $100,000 milestone as the US Federal Reserve’s (Fed) cautious outlook on interest rate cuts dampened crypto investments. At one point in Wednesday’s trading session, the market’s leading crypto dropped to $98,760 before recovering to the six-figure mark. Other cryptocurrencies, including Ethereum (ETH) and Dogecoin (DOGE), also faced substantial retraces. Fed’s Cautious Rate Cut Sparks Uncertainty In Markets The Federal Reserve’s decision to lower borrowing costs for the third consecutive time came with a tempered forecast for future reductions, particularly…
[ad_1] Here’s what on-chain data says regarding which segment of the Bitcoin market has been participating in selling at the latest high prices. 90-Day+ Bitcoin Investors Have Been Showing Activity Recently As pointed out by YouTuber denome in an X post, only one segment of the Bitcoin market is still participating in profit-taking. The data shared by the user is from the on-chain analytics firm Santiment. More specifically, the chart is for the Dormant Circulation indicator. The Dormant Circulation keeps track of the total number of tokens being moved on the blockchain after having been dormant for at least a…
[ad_1] Este artículo también está disponible en español. Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Related Reading Ethereum Sentiment Drops To Yearly Low According to crypto analyst Ali Martinez, Ethereum social sentiment has hit a one-year low amid its struggle to turn the $4,000 resistance into support. Per the post, this metric reached its most negative levels since December 18, 2023,…
[ad_1] The world’s leading cryptocurrency, Bitcoin (BTC), experienced significant volatility following the Federal Reserve’s (Fed’s) latest monetary policy announcement, briefly dipping below the psychological $100,000 mark before staging a recovery. The price action reflects broader market uncertainty as investors digest the Fed’s more conservative approach to rate cuts in 2025.Bitcoin touched $98,760 in a sharp downturn that erased nearly $10,000 from its recent all-time high (ATH). The movement coincided with a broader sell-off in risk assets, as market participants adjusted their positions following the Fed’s hawkish guidance.The cryptocurrency market’s reaction mirrors the complex interplay between monetary policy and digital asset…