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Chinese blockchain company SOS plans $50M Bitcoin purchase Will Microsoft Become a Bitcoin Powerhouse? Saylor’s Bold Move Top 3 Altcoins Ready to Explode: Don’t Miss Out on These Gems UNICEF launches fund for startups; NEObank offers security tokens Sonic Labs nears mainnet launch after completing airdrop snapshot Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally Sonic Labs Teases Upcoming Public Launch of Its Layer-1 Blockchain DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season Standard Chartered Predicts Solana to Outperform BTC, ETH, With New All-Time High Before 2025

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Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Photo: Stock Titan Key Takeaways SOS Ltd. authorized a $50 million Bitcoin purchase reacting to record-high prices. Company aims to enhance competitiveness using quantitative trading strategies. SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS stock. Bitcoin had approached $100,000 last week, but a drop of almost 9% left the market fearing further declines. Even though Bitcoin fell below $92,000 earlier this week, it is...

27.11.2024

Will Microsoft Become a Bitcoin Powerhouse? Saylor’s Bold Move

You are here: Home / News / Bitcoin News / Will Microsoft Become a Bitcoin Powerhouse? Saylor’s Bold Move Michael Saylor, a prominent Bitcoin advocate, has urged Microsoft to consider adopting BTC. Saylor’s pitch to Microsoft could potentially influence other major tech companies to explore Bitcoin integration. As CEO of MicroStrategy, Saylor has been a leading voice in corporate Bitcoin adoption, making substantial investments in the cryptocurrency. Bitcoin evangelist and MicroStrategy CEO Michael Saylor, has advocated for Microsoft to adopt Bitcoin as a core strategic asset, emphasizing its role as a revolutionary form of digital capital. Saylor’s ambitious pitch aligns...

02.12.2024

Top 3 Altcoins Ready to Explode: Don’t Miss Out on These Gems

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Chinese blockchain company SOS plans $50M Bitcoin purchase

Will Microsoft Become a Bitcoin Powerhouse? Saylor’s Bold Move

UNICEF launches fund for startups; NEObank offers security tokens

Homepage > News > Business > UNICEF launches fund for startups; NEObank offers security tokens The United Nations Children’s Fund (UNICEF) has announced the launch of a fund to back startups building real-world solutions with emerging technology to protect children on the internet. According to an official announcement, the UNICEF Venture Fund is seeking firms to experiment with artificial intelligence (AI) and blockchain in its program countries. The solutions provided by the companies should have the “potential to create radical change for children.” The fund is particularly concerned with practical solutions that can help young individuals spot misinformation while building...

Sonic Labs nears mainnet launch after completing airdrop snapshot

Sonic Labs achieves a major milestone with the creation of its genesis block, bringing it closer to the public mainnet launch. Photo: Box Mining Key Takeaways Sonic Labs completed its first block of transactions, marking progress toward its mainnet launch. Following the news, Fantom’s FTM token soared 20%, making Sonic Labs’ airdrop of 190.5 million $S tokens worth over $226 million. Sonic Labs announced its new blockchain produced its first block of transactions, marking a key step toward its mainnet launch. Genesis achieved. Block zero. Infrastructure deploying. Public soon. — Sonic Labs (prev. Fantom) 💥 (@0xSonicLabs) December 2, 2024 The...

Crypto Stocks Rally As Bitcoin Crosses 84K, BTC Mining Stocks Join The Rally

Bitcoin (BTC-USD) reached a record high on Monday, trading just under $85,000 on Monday morning while pushing several stocks tied to the crypto trade and the post-election rally higher to start the week in the aftermath of the Trump victory. COIN, HOOD Record Impressive Gains Coinbase stock and shares of other crypto-related companies were rising Monday as investors turned bullish. Coinbase (COIN) was up more than 17% on Monday and has now skyrocketed about 70% in the past five trading sessions. Similarly, Robinhood (HOOD) also saw its stock rise more than 8% Monday and is now up more than 38%...

Sonic Labs Teases Upcoming Public Launch of Its Layer-1 Blockchain

Sonic Labs is launching its new blockchain, Sonic, in December 2024 . This blockchain is a Layer-1 network designed to address key problems in decentralized technology, such as high fees, slow transaction speeds, and limited scalability . Sonic’s advanced features aim to make blockchain technology more accessible for developers and users alike. By combining high-speed transactions, low costs, and seamless integration with Ethereum , Sonic promises to be a major improvement over many existing networks. “S” Token Airdrop Sonic Labs recently announced the completion of a “Snapshot” on December 2 . This will determine the allocation of its “S” tokens...

DOJ Strikes Bitcoin Fog: The End of Darknet’s Most Elusive BTC Service

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC mixing service. The DOJ stated: A dual Russian-Swedish national was sentenced today to 12 years and six months in prison for his operation of the longest-running bitcoin money laundering service on the darknet. Evidence presented at trial revealed that...

BTC Hits New All-Time High, Surpassing $81,000, Analysts Declare Bitcoin Season

Over the weekend, Bitcoin reached a new record high of US$80,849 and then surged to US$81,474 despite a brief dip. The cryptocurrency’s recent 17.75% rally is largely attributed to Donald Trump’s re-election, favoured by the crypto community. Galaxy Digital predicts Bitcoin and other digital assets will soar past current highs, citing a shift in regulatory winds to a more supportive stance. Beyond Trump, analysts say Bitcoin has entered into maximum strength phase and declared this Bitcoin season. Over the weekend Bitcoin broke a number of records, hitting US$80k (AU$121.33k) for the first time ever, clocking in at US$80,849 (AU$122,629) on...

Standard Chartered Predicts Solana to Outperform BTC, ETH, With New All-Time High Before 2025

Geoff Kendrick of Standard Chartered had anticipated Bitcoin’s rise to US$80K before the election and now forecasts it reaching over US$100K before December 27. Kendrick suggests that Bitcoin’s surge will boost other cryptocurrencies, with Solana expected to outperform and likely hit a new all-time high before the year’s end. Kendrick also believes other crypto sectors, such as tokenisation, will thrive due to potentially friendlier regulatory stances. Bitcoin (BTC) broke all records shortly after Donald Trump won the US elections last week. The coin reached an all-time high of over US$75K (AU$113.8K) the day after but rapidly broke past US$81K (AU$129K),...