Author Archives: pdgweb

The Bitcoin financial services company retired $66.3 million in convertible debt, reducing dilution risk as it expands its BTC rewards business. Read More at https://cointelegraph.com/news/bitcoin-company-fold-pays-off-66m-debt-frees-up-btc-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin’s return to the $70,000 level proves that buyers are absorbing the bulk of selling, but analysts warn that traders should be patient due to market bottoms taking months to form. Read More at https://cointelegraph.com/news/price-predictions-3-2-spx-dxy-btc-eth-xrp-bnb-sol-doge-bch-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The US-based asset manager debuts a blockchain-enabled structure for its liquidity fund as onchain US Treasurys exposure nears $11 billion. Read More at https://cointelegraph.com/news/northern-trust-enters-tokenized-fund-race-with-blockchain-based-treasury-money-market-share-class?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin short-term holder losses were minimal over the weekend, and the Monday rally to $70,000 suggests the heaviest selling is done. Will Bitcoin finally break the monthly resistance? Read More at https://cointelegraph.com/news/bitcoin-holders-show-zero-panic-as-btc-hits-dollar70k-amid-middle-east-tensions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Under the proposed law, Turkey’s president would be allowed to change the income tax rate on digital assets from zero to up to 20%. Read More at https://cointelegraph.com/news/turkey-government-crypto-income-tax-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin price strength received a surprise bullish catalyst from US manufacturing data, helping to relieve tensions over Iran as US stocks floundered. Read More at https://cointelegraph.com/news/bitcoin-nears-70k-pmi-boost-btc-price-leave-iran-woes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Bitcoin treasury company repurchased 782,000 shares below NAV as it increases Bitcoin exposure and works to close the gap between market price and asset value. Read More at https://cointelegraph.com/news/procap-boosts-bitcoin-holdings-to-5-457-btc-aims-to-narrow-nav-discount?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

XRP’s weakening technical setup suggests a drop below $1 could be in the cards over the next few weeks as supply rises on exchanges. Read More at https://cointelegraph.com/news/xrp-faces-650m-sell-risk-as-charts-hint-at-prices-below-1?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

After the 2023 crackdown, Nexo reenters the US with a partner-led model. What is different, and what should users watch? Read More at https://cointelegraph.com/news/nexo-is-back-in-the-us-what-changed-after-the-2023-crypto-lending-crackdown?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Strategy added 3,015 Bitcoin at $67,700 a piece in its 101st purchase, marking another buy below cost basis and lifting total holdings to 720,737 BTC. Read More at https://cointelegraph.com/news/strategy-michael-saylor-3k-bitcoin-buy-101-purchase?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound