cryptosheadlines

Institutions are ‘locked out’ until an altcoin become a major pair: Analyst

This is a segment from the Empire newsletter. To read full editions, subscribe. Let’s look ahead and forget about bitcoin (briefly) sliding under $100k, shall we? For Amberdata’s Greg Magadini, any altcoin szn is currently set to give retail a potentially profitable run. Though, clearly, this is crypto, and everyone should maintain caution.  Anyway, he…

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Marathon Digital Raises $1.9 Billion to Expand Bitcoin Portfolio

Leading Bitcoin miner Marathon Digital Holdings (MARA) purchased $1.53 billion worth of BTC on December 19, marking its second purchase this month. Over November and December 2024, the company raised an impressive $1.9 billion through zero-coupon convertible notes. This fund is fueling its aggressive Bitcoin acquisition strategy at a time when institutional interest in digital…

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Worldshards Launches Complete in-game Economy With Pre-tge Airdrops for All the Active Players

Abu Dhabi, United Arab Emirates, December 19th, 2024, GamingWire WorldShards, the Sandbox MMORPG released on the Open Loot platform alongside other successful web3 titles, has announced the launch of its complete in-game economy, set to roll out in December 2024. This milestone marks a pivotal step toward the game’s Token Generation Event (TGE) in early…

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Our problem is not markets that are too volatile – It’s traders that are too sensitive

Federal Reserve Chair Jerome Powell shook financial markets this week, delivering a reality check that left traders scrambling. On Wednesday, Powell laid out a cautious approach to interest-rate cuts for 2025. Stocks nosedived 3%, bonds crumbled, and 10-year Treasury yields soared to their highest in seven months. The selloff was brutal—the worst post-meeting market reaction…

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Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities

The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to fund the country’s reform agenda. In exchange, El Salvador agreed to scale back bitcoin’s economic involvement to mitigate risks derived from its implementation. El Salvador to Receive $1.4 Billion Credit From the IMF,…

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