Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

News

Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC
MicroStrategy acquires another 7,420 bitcoin for $458 million, taking holdings to 252,220 BTC

MicroStrategy has purchased another 7,420 BTC for approximately $458.2 million at an average price of $61,750 per bitcoin.The latest acquisitions come amid MicroStrategy’s completion of a $1.01 billion upsized convertible notes offering.

The Block·2024/09/20 13:49
Is a Bull Market Imminent? Analyst Predicts Bitcoin Rally in “15-20 Days”
Is a Bull Market Imminent? Analyst Predicts Bitcoin Rally in “15-20 Days”

While some see the Fed Rate cut as a Bullish sign for Bitcoin, skeptics caution a looming recession.

CryptoNews·2024/09/20 11:06
Flash
  • 17:29
    Analysis: If Trump Media & Technology Group’s BTC and ETH ETFs Are Approved, They Will Compete with Giants Like BlackRock
    According to a report by Jinse Finance, a filing submitted to the U.S. Securities and Exchange Commission on Monday shows that Trump Media & Technology Group (DJT.O) is seeking to launch an ETF that will invest in Bitcoin and Ethereum, the two largest cryptocurrencies. This marks the second cryptocurrency ETF application submitted by the Trump-affiliated social media company in less than two weeks. If approved, the Truth Social Bitcoin ETF and the Truth Social Bitcoin & Ethereum ETF would enter a crowded and highly competitive market already dominated by a handful of well-known asset management firms such as BlackRock, whose iShares Bitcoin ETF holds $72.5 billion in assets.
  • 17:29
    Iran launches missile attacks on Israel for the fourth consecutive night
    On the evening of June 16 local time, the Israeli military issued a statement saying that missiles launched from Iran were detected heading toward Israel, and air raid sirens sounded in multiple locations. The Israeli military urged the public to strictly follow the instructions of the Home Front Command, stating that interception operations are underway and that "strikes will be carried out if necessary to eliminate the threat."
  • 16:30
    Solana Co-Founder: Cardano’s Plan to Convert $100 Million in ADA to Bitcoin Is “Extremely Foolish”
    According to ChainCatcher, as reported by CryptoSlate, Solana co-founder Anatoly Yakovenko has publicly opposed Cardano's proposal to sell $100 million worth of ADA to purchase Bitcoin and stablecoins, calling the decision "extremely foolish." Yakovenko stated that project teams only need to hold short-term government bonds for 18-36 months as emergency funds, questioning "why hold Bitcoin on behalf of users." The controversy stems from a proposal by Cardano founder Charles Hoskinson on June 14, aimed at enhancing stablecoin liquidity within its DeFi ecosystem. The community is concerned that a large-scale ADA sell-off would impact the token's price, while Hoskinson argued that the market has sufficient depth to absorb the selling pressure and pointed out that the current on-chain stablecoin volume on Cardano is only $33 million, which already threatens the ecosystem's development.
News