MARA, a large publicly traded bitcoin miner, has announced the successful acquisition of a $ 200 million line of credit, collateralized by a portion of its bitcoin holdings. This substantial funding will empower the company to pursue strategic growth opportunities and support various corporate initiatives as it continues to solidify its position in the …
Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
On Wednesday, seasoned trader Peter Brandt shared his long-term perspective on bitcoin, predicting it could reach $ 135,000 by August or September 2025. This forecast comes with a key caveat: for the projection to hold, bitcoin must stay above a crucial support level of $ 48,000. Should it drop below this mark, Brandt …
Pepe Unchained Presale Sees Whale Activity as it Crosses $12M Line
The meme coin craze might not be over. Pepe Unchained (PEPU) has surged past the $ 12 million mark in its presale as investors pile in for discounted PEPU tokens. And with the project beginning to attract the attention of crypto whales, many believe PEPU’s launch later this year will be explosive. Pepe Unchained …
In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line
As of Sunday, March 3, 2024, bitcoin’s value persists in the $ 60,000 per unit vicinity, signaling the fifth instance this year that its price has sustained above this level. Naturally, as bitcoin’s value escalates, its duration above such thresholds shortens when contrasted with past significant milestones such as $ 30,000, $ …
Deltec Bank Accused of Secretly Extending a $2 Billion Credit Line to Alameda Research
Deltec Bank and Trust Ltd, based in The Bahamas, stands accused of covertly extending a $ 2 billion line of credit to Alameda Research. A lawsuit, filed by those who claim to be victims of Sam Bankman-Fried, accused Deltec of granting a three-day grace period to Alameda Research for the settlement of purchased stablecoins. …