The company’s biggest-ever Bitcoin purchase happened in the fourth quarter of 2024, when it acquired 218,887 $BTC for about $20.5 billion.
As Ethereum prepares for Pectra, the price of its cryptocurrency, $ETH, has been rising. After a recent dip, $ETH has climbed back up to around $2,711, showing a 10% increase in a single day.
In 2024, stablecoins have processed $27.6 trillion in 2024, surpassing traditional payments like Visa and Mastercard.
The new rule, introduced by the Financial Accounting Standards Board (FASB) in December 2024, now allows companies to update the value of their crypto assets each quarter.
Truth.Fi is expected to launch in 2025, pending regulatory approvals and the finalisation of agreements. The company will partner with major financial firms, including Charles Schwab, which will act as a custodian for the investment funds.
Grayscale’s proposed Solana ETF is expected to become the largest investment fund focused on Solana, a popular cryptocurrency known for its high speed and low fees.
Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.
After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.
Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.