Cryptocurrency

Saylor called it a Bitcoin “gift” to the company’s shareholders.Thus, the MicroStrategy’s founder has stressed the company’s commitment to increasing shareholder value by means of strategic Bitcoin accumulation and yield-generation strategies. The company’s strong treasury management and its strategy focused on Bitcoin as a store-of-value have earned it a leading position among publicly traded companies that are embracing Bitcoin.As of now, Michael Saylor’s company holds a whopping 444,262 BTC valued at roughly $27.7 billion bought at $62,257 per BTC on average.Earlier today, Saylor published a tweet, in which he defended his company’s Bitcoin accumulation strategy, saying that if you do not buy BTC at the top, you “leave money on the table.”This article was originally published on U.Today More

This article was originally published on U.Today More

At the same time, Robert Kiyosaki, renowned author of best-selling book “Rich Dad Poor Dad,” is not worried about the recent drop in Bitcoin’s price. He sees opportunity where others see loss. For him, it is not a time to be down but a time to take action. He believes that market corrections are a great time to buy more Bitcoin at lower prices. He says that investors often overreact and focus too much on short-term price movements.Kiyosaki has been a major proponent of Bitcoin for a long time and sees it as a game-changing financial tool. He loves its decentralized nature and calls it the “people’s money,” saying that its design makes it accessible to anyone willing to take the first step. Unlike traditional assets, BTC does not require investors to commit large sums of money. Small purchases, even satoshis, are a great way to get started, which the author thinks is brilliant.To Kiyosaki, the recent price drop is not a setback for Bitcoin; it is a signal to reprioritize and seize the opportunities that such market movements present.This article was originally published on U.Today More

Keiser commented on a tweet published by a Bitcoin enthusiast on the X platform related to Bitcoin holdings of various countries, including El Salvador, where Keiser lives and where he holds the position of El Salvador president Nayib Bukele’s Bitcoin advisor.The author of the X post presumed that if “all or many major countries start bidding,” he expects the price of the world’s most popular cryptocurrency, Bitcoin, to skyrocket “over the coming 12 to 24 months” if countries around the world begin accumulating BTC actively. He then thanked Max Keiser for the pleasure of following him.Max Keiser responded that in that case, Bitcoin is likely to soar to $2,200,000 per coin. That is 10x than his previous stable BTC prediction – $220,000.In an earlier tweet, he stressed the importance of the newly elected U.S. leader forming a strategic Bitcoin Reserve.The financial expert reckons that rather than doing that, it would be much more productive to “be grateful and buy more Bitcoin.”Unlike Max Keiser, Kiyosaki does not make such ultra-bullish Bitcoin price outlooks. However, last week, Kiyosaki predicted that he expects the digital gold to head for $350,000 next year.This article was originally published on U.Today More

BetFury transferred $750,000 of liquidity to PancakeSwap, making the leading DEX the primary liquidity holder for BFG tokens. This collaboration introduces the BFG-CAKE Syrup Pool (NASDAQ:POOL), a time-limited Trading Competition, CAKE integration in BetFury Futures, and more. Additionally, BetFury has launched a special CAKE Staking Pool exclusively for new users, accessible with a unique promo code provided in this article.BetFury & PancakeSwap collaborationTwo projects from diverse niches have united with one goal: to offer new crypto-earning opportunities. The projects have a shared vision: bridging the gap between gaming enthusiasts and crypto traders. BetFury is connected to DeFi: it offers a wide range of crypto features like Crypto Staking with up to 60% APR and Futures, which has expanded with the CAKE token integration.$20,000 BFG-CAKE Syrup Pool | New way to earn BFGCakes are even sweeter with syrup, especially when served generously. That’s why the BFG Syrup Pool offers a whopping $20,000 total capacity. PancakeSwap users can stake CAKE for 90 days to earn BFG tokens, with over 20% APR based on the number of participants. The only limit is up to 100 CAKE per wallet.The next step: with access to over 8,000 slots, 20 exclusive in-house games, and bets across 50+ sports categories. By holding just 100 BFG, users can unlock BFG Staking rewards in BTC, ETH, USDT, BNB, and TRX—maximizing crypto-earning potential.$50,000 Trading Competition | Leaderboard & extra rewardsThe Trading Competition marks the second phase of the collaboration. With a $50,000 prize pool in USDT and BFG tokens, BetFury invites all traders of the BFG-CAKE pair to compete. A leaderboard featuring the top 15 winners will be revealed at the end, while 15-20 randomly chosen participants will receive bonus rewards. The competition runs for 20 days only, from December 24 to January 12.Exclusive CAKE Staking Pool for New Users on BetFury BetFury is excited to launch the exclusive CAKE Staking Pool, offering up to 40% APR. This pool is tailored for new users who can access it using the BFCAKE code. The CAKE Staking Pool has already started and is available for 7 days on the BetFury platform. During this period, participants can earn BFG on PancakeSwap and CAKE on BetFury, boosting their crypto holdings and gaining an edge in the Trading Competition.About BetFuryBetFury is a trusted crypto and entertainment ecosystem that has been at the forefront of iGaming, crypto-earning features, and sports betting for over five years. With a global community of over 3 million registered users, BetFury offers a wide array of competitive products, including original games with up to 99.28% RTP, BFG Staking, Crypto Staking, NFT Lootboxes, an Affiliate Program, and more.To enhance user experience, BetFury also features a Telegram Bot that boosts crypto rewards and ensures quick, seamless access to the platform. Adding to its appeal is a lucrative Referral Program, where referrers can earn up to $1,500 in bonuses and a 30% commission from their referrals’ activity, with the option to share rewards.ContactPR ManagerAlisia PrestonBetFurypr@betfury.comThis article was originally published on Chainwire More

Bitcoin fell 2.1% to $94,350.0 by 06:55 ET (11:55 GMT). It fell below the $93,000 level on Monday.The token had fallen below the key $100,000 level last week after the Fed officials signaled a slower pace for future cuts. Bitcoin has declined for six out of the last seven days.Bitcoin recorded its first weekly fall since Trump’s election win in early November, last week. The rally had pushed prices to an all-time high of $108,244.9, after which prices fell due to profit-taking amid macroeconomic pressures induced by the Fed rate outlook.The central bank lowered rates by 25 basis points but indicated only two rate cuts for the upcoming year, compared with previous expectations for four cuts.This shift led investors to reassess their positions in speculative assets like Bitcoin, contributing to its price decline.Crypto-related stocks fell on Monday tracking the downtrend in Bitcoin prices, which reached near the $92,000 level a day earlier. MicroStrategy Incorporated (NASDAQ:MSTR) fell nearly 9%, while Coinbase Global Inc (NASDAQ:COIN) declined 4%. Riot Platforms (NASDAQ:RIOT)also ended lower on Monday.MicroStrategy also came under added pressure after announcing a 1.3-million-stock sale to buy 5,262 bitcoins.The most valuable Bitcoin miner Marathon Digital Holdings Inc (NASDAQ:MARA) dropped 3.6%.Other cryptocurrencies were higher on Monday. Gains were limited as the demand for speculative assets was still subdued after the hawkish Fed rattled investor sentiment. World no.2 crypto Ether was 2.2% higher at $3,408.93. Ether fell for several consecutive days since last week but has recovered slightly in the previous two days.World no.3 crypto XRP rose 1.8% to $2.237.Solana rose nearly 5% and Polygon jumped 5.5%, while Cardano added less than 1%. Among meme tokens, Dogecoin rose 2.2%.Traders expect continued volatility in Bitcoin with a potential shift toward altcoins, as a significant options expiry influences market conditions in the upcoming holiday week.“All eyes are on the massive expiry this Friday, where almost $20B notional across BTC and ETH options will expire,” QCP Capital said in a broadcast early Tuesday. “This represents almost half the total open interest (OI) on Deribit. We believe it’s quite possible especially if spot continues to range here and as option sellers continue to roll their shorts out.””Rolling” refers to traders extending their option positions by moving them to a later expiration date, rather than allowing them to expire. This strategy helps maintain the trade if they remain confident in their market outlook.Elevated volatility can benefit option buyers by increasing the likelihood of the option becoming “in-the-money” – potentially generating profits before expiration.“As BTC continues to struggle below 100k, we could also see alts start to play catch up again,” QCP noted, pointing out that a similar pattern emerged last month when bitcoin traded around current levels.  More

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce a meaningful step towards environmental sustainability with the adoption of an endangered sea turtle, named “Bybit.” In collaboration with WWF and Sumsub, this initiative underscores Bybit’s commitment to raising awareness about wildlife conservation and supporting efforts to protect endangered species.Enhancing Security and User Experience with SumsubBybit’s focus on innovation and responsibility extends to its collaboration with Sumsub, a globally recognized identity verification and KYC/AML compliance provider. This partnership has enabled Bybit to streamline its Know Your Customer (KYC) process, ensuring faster and more efficient onboarding for users while maintaining stringent fraud prevention measures. Since the integration in July 2021, Sumsub’s automated solutions have significantly enhanced Bybit’s ability to detect fraudulent documents and maintain a secure trading environment for its global community of over 60 million users.Bybit’s Sea Turtle Adoption InitiativeIn collaboration with WWF’s conservation efforts, Bybit’s sea turtle adoption symbolizes a broader commitment to environmental stewardship. Contributions from the campaign will support research and habitat protection programs vital to safeguarding endangered species and their ecosystems. WWF focuses on addressing immediate threats to wildlife and protecting their natural habitats, directing funds to impactful field programs.Campaign DetailsCampaign Period: December 24, 2024 – January 24, 2025How to Participate:This initiative provides an opportunity for Bybit users to contribute to a meaningful cause while engaging with the platform. By participating in this campaign, users can help drive efforts to create a sustainable future for endangered species like Bybit the sea turtle.About BybitBybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.For media inquiries, please contact: media@bybit.comFor updates, please follow: Bybit’s Communities and Social MediaContactHead of PRTony AuBybittony.au@bybit.comThis article was originally published on Chainwire More

Inspired by the popular Korean spicy chicken dish “Buldak,” Pepe Buldak ($BUL) introduces a unique concept that merges the global appeal of memes with elements of Korean culture. By leveraging the recognition of “Buldak” and combining it with the viral appeal of the “Pepe” meme coin, the project has drawn attention worldwide, raising over $2 million during its presale phase and gaining traction across Korea, Asia, and other regions.Highlighting Korean Cuisine and CultureWhile “Buldak” is widely associated with instant noodles, its origin as a traditional spicy chicken dish is less well known internationally. Pepe Buldak seeks to spotlight this culinary tradition through an innovative platform called “Open Franchise.” This decentralized franchise model aims to promote Korean dishes and cultural elements globally through a community-driven framework.Pepe Buldak combines Web3 innovation with a real-world utility framework, incorporating features such as automatic staking, enhanced presale rewards, instant token claims, and a gamified experience through its “Shiba Gimbap NFT.” The “Open Franchise” model allows participants to establish franchise operations by staking $BUL tokens. This approach represents a novel integration of digital assets with offline businesses, positioning the project as a first-of-its-kind initiative in the meme coin sector.To support its tokenomics, $BUL employs a deflationary model to create long-term value. Franchise operations require staking a minimum of 100 million tokens, which contributes to increased scarcity as the network expands. The project has also completed smart contract audits by Germany’s SolidProof and the Netherlands’ Coinsult, reinforcing its security and transparency.Cultural Integration and Global OutreachPepe Buldak draws inspiration from widely recognized elements of Korean culture, such as K-pop, iconic TV dramas, and viral social media trends, to create engaging campaigns for international audiences. By blending these cultural references with its meme coin concept, the project highlights the global appeal of Korean culture and its potential to influence the Web3 ecosystem.A Pioneering K-Meme InitiativeAs the meme coin trend continues to grow in Korea, Pepe Buldak distinguishes itself with a decentralized model and cultural integration. With no significant K-Meme presence dominating the market, Pepe Buldak aims to position itself as a pioneering example of a Korean meme coin gaining global recognition.About Pepe BuldakPepe Buldak is the newest project entering the K-meme phenomenon through the Web3 sector. As a result of the recent rise in the popularity of everything Korean, Pepe Buldak is quickly rising to fame. The team seeks to solve problems from traditional franchise businesses through its “Open Franchise” solution.The presale is live on the project’s website, and the $BUL token price steadily increases phase after phase. By the time the token goes live, the early investors will be able to collect their tokens by connecting wallets and clicking “claim.”For $BUL, the total supply determined by the team is only 4.2 trillion tokens. Memecoin fans will notice that this number represents a small 1% of the originally issued Pepe tokens (420 trillion).Token distribution will be as follows: 50% on DEX/CEX liquidity, 20% through mining, and 30% for community rewards over time. The Pepe Buldak team has zero token allocations. This feature may reduce the likelihood of dumping and allow for a more stable market for $BUL.Anyone interested in Pepe Buldak can visit its official website for more information and to participate in the ongoing presale. The social media pages below provide the latest developments and news on Pepe Buldak.Telegram: https://t.me/pepebuldak_officialX: https://x.com/pepebuldakContactPepe RonyPepe Buldakpepebuldak@pepebuldak.comThis article was originally published on Chainwire More