KULR, a provider of electric energy storage solutions, has reported its first bitcoin purchase as part of a strategic shift toward establishing the leading cryptocurrency as a reserve asset. The company bought $ 21 million worth of bitcoin, amounting to 217.18 BTC. The purchase comes after the company announced that it would adopt a …
Bitcoin is currently trading at $ 98,403, showcasing a dynamic interplay of market forces across short-term, medium-term, and long-term charts. Bitcoin Bitcoin‘s 1-hour chart reflects recent price fluctuations, with bitcoin peaking at $ 101,407 before succumbing to bearish pressure, reaching a low of $ 97,931. Lower highs suggest a short-term downtrend, while …
“Forget flipping tokens,” Binance’s CEO urged, emphasizing blockchain fundamentals, whitepapers, and persistence as key to thriving in crypto’s dynamic, innovation-driven future. Binance CEO Says Forget Flipping Tokens—The Real Game Starts Now Binance CEO Richard Teng has encouraged the cryptocurrency community to prioritize education and deeper engagement with the technology behind digital assets. Posting on social […]
The cryptocurrency XRP has been on an upward trajectory, recently trading at $ 2.60 after a 7.3% gain in the past 24 hours. XRP On the 1-hour chart, XRP has been consolidating tightly between $ 2.55 and $ 2.65, reflecting reduced volatility. The relative strength index (RSI) is at 75.74, signaling overbought …
Five days ago, Coinbase announced plans to remove wrapped bitcoin (WBTC) from its platform on Dec. 19, 2024. In the days following the announcement, the WBTC supply has contracted. Wrapped Bitcoin’s Supply Drops by 5,844 Coins in 8 Days On Nov. 16, the WBTC supply on Ethereum was recorded at 146,734 coins. Fast forward to […]