Trump-Backed American Bitcoin Surpasses GameStop as Holdings Reach 4,783 BTC
American Bitcoin Corp. has added 416 BTC, lifting its Bitcoin holdings to 4,783 BTC. The company pegged the position at about $440 million at current prices. The purchase places American Bitcoin narrowly ahead of GameStop in reported corporate holdings. American Bitcoin Edges GameStop in BTC Holdings According to BitcoinTreasuries, GameStop Corp is listed at 4,710 The post Trump-Backed American Bitcoin Surpasses GameStop as Holdings Reach 4,783 BTC appeared first on CoinGape. CoinGape
Sui Price Breaks Out of Falling Wedge: Is $2 Next Target?
Sui price has shown positive movement in the last 24 hours, following a broader recovery across the crypto market. Currently hovering above $1.60, SUI previously surged to $1.72 before pulling back slightly. The price is consolidating, with the levels of support being steady and the buyers defending the price. The market momentum is at a The post Sui Price Breaks Out of Falling Wedge: Is $2 Next Target? appeared first on CoinGape. CoinGape
FOMC Meeting: Experts See ‘Hawkish’ Cut as Crypto Traders Price In Third Cut This Year
Major U.S. banks and experts have predicted that the Fed is likely to make a ‘hawkish’ cut at today’s FOMC meeting, with Fed Chair Jerome Powell likely signaling a potential slowdown in monetary easing. This comes as crypto traders fully price a third rate cut this year, with the committee lowering rates by 25 basis The post FOMC Meeting: Experts See ‘Hawkish’ Cut as Crypto Traders Price In Third Cut This Year appeared first on CoinGape. CoinGape
Michael Saylor’s Strategy Challenges MSCI Over Bitcoin Treasury Exclusion Plan
Strategy has taken a firm position against MSCI’s proposal to remove digital asset treasury companies from its Global Investable Market Indexes. Strategy said the change would hurt investors, disrupt markets, and conflict with national digital asset policy. Strategy Challenges MSCI’s Digital Asset Threshold Proposal The firm submitted a detailed response urging MSCI to withdraw the The post Michael Saylor’s Strategy Challenges MSCI Over Bitcoin Treasury Exclusion Plan appeared first on CoinGape. CoinGape
Tom Lee’s Bitmine Immersion Buys $82M in Ethereum, BMNR Stock Jumps
Bitmine Immersion Technologies, the largest Ethereum treasury, has purchased an additional 28,625 ETH. Tom Lee-backed Ethereum treasury firm continues to buy the dip, according to on-chain data on Monday. BMNR jumps almost 5% during premarket hours. Tom Lee’s Bitmine Immersion Buys $82.11 Million in Ethereum Funstrat’s Tome Lee-backed Ethereum treasury firm Bitmine Immersion Technologies added The post Tom Lee’s Bitmine Immersion Buys $82M in Ethereum, BMNR Stock Jumps appeared first on CoinGape. CoinGape
Hedera Price Set for Explosive 30% Rally as Bulls Trigger Breakout
Hedera (HBAR) price has surged over 10% in the past 24 hours, attracting strong bullish interest. The cryptocurrency currently has a price of over $0.1450, indicating a breakout following the formation of several bullish reversal patterns. As the process gains momentum, the bulls appear to be about to make a big move. Technical indicators are The post Hedera Price Set for Explosive 30% Rally as Bulls Trigger Breakout appeared first on CoinGape. CoinGape
Trump Family Loses Over $1B as Crypto Investments In Multiple Holdings Crashes
More than $1 billion in losses have been recorded by the Trump family from its crypto portfolio. This came as a result of the market crash that affected many other investment bodies. Trump Family Records Losses Amid Crypto Crash According to a report by Bloomberg, their portfolio has lost more than $1 billion in a The post Trump Family Loses Over $1B as Crypto Investments In Multiple Holdings Crashes appeared first on CoinGape. CoinGape
Cardano Price Outlook as NIGHT Token Set to Launch on December 8
Cardano price hovered near $0.40 as bearish pressure continued to dominate the market ahead of a significant token launch. The digital currency is located below a fractured support structure, and sellers strengthen the declining trend with aligned lower highs. Despite this, ADA is beginning to show some short-term strength, rebounding off intraday support and testing The post Cardano Price Outlook as NIGHT Token Set to Launch on December 8 appeared first on CoinGape. CoinGape
Arthur Hayes Predicts Bitcoin Will Hold Above $80k as Fed Ends QT
BitMEX co-founder Arthur Hayes has again commented on what’s next for the Bitcoin price as the flagship crypto continues to trade within the $80,000 range. Hayes alluded to improving liquidity, indicating that the bottom was in for BTC and predicting that the $80,000 support would hold. Hayes Reveals What’s Next For Bitcoin Amid Upcoming Fed The post Arthur Hayes Predicts Bitcoin Will Hold Above $80k as Fed Ends QT appeared first on CoinGape. CoinGape
Fed’s Chris Waller Advocates for December Rate Cut, Citing Labor-Market Weakness
Federal Reserve Governor Chris Waller has revealed that he will vote for a Fed rate cut at the December FOMC meeting. This comes just days after Fed President John Williams signaled his support for another cut, which is a positive for the crypto market as the odds of a third rate cut this year climb. The post Fed’s Chris Waller Advocates for December Rate Cut, Citing Labor-Market Weakness appeared first on CoinGape. CoinGape
