Crypto News

Strategy Adds $1.4B in Bitcoin, Nears Limit of Equity Offering Program

Strategy has sold around $20.9 billion worth of common shares since it established an at-the-money equity offering program in October.Source link

TRUMP and MELANIA Tokens Wipe out PolitiFi Rivals, Seize 95% Market Share

Figures reveal the PolitiFi market economy is valued at $3.3 billion, with the lion’s share of that total dominated by the official TRUMP and MELANIA tokens. Since their debut, these two coins have effectively eclipsed the broader PolitiFi sector, leaving much of the remaining field in their shadow. Old PolitiFi Favorites Collapse as TRUMP andSource link

Prediction Markets Traders Bet Big on Easy Liberal Win as Canadians Head to the Polls

Political bettors on Polymarket and other platforms are paying attention to Canada as the nation heads to the polls.As the country's 45th election comes to a close, a contract asking bettors to predict who will be Canada's next Prime Minister gives the Liberal Party's Mark Carney a 78% chance, and the Conservatives' Pierre Poilievre a 22% shot.Political bettors are slightly more skeptical of Carney's chances of winning than the polls, but both are pointing in the same direction. A poll aggregator from public broadcaster CBC puts Carney's chances at 89%.Myriad Markets, another prediction market, is giving Carney similar odds to Polymarket.FanDuel, a licensed betting platform open only to residents of Ontario, Canada, initially gave the Conservatives a sharp, contrarian lead...

Bitcoin to Hit New All-Time High Around $120K in Q2: Standard Chartered

Strategic allocation away from U.S. assets by investors could see bitcoin hit a new all-time high in the second quarter of the year, Standard Chartered's Geoff Kendrick said in a report Monday.Kendrick sees the world's largest cryptocurrency as reaching $120,000 this quarter as he reiterated his previous target of $200,000 by the end of 2025. Bitcoin was trading around $95,300 at publication time.Kendrick noted that the U.S. Treasury term premium, which is closely correlated to the bitcoin price, is at a 12-year high. Accumulation by whales has also been strong. In addition, bitcoin time-of-day analysis suggests that American investors may be looking for non-U.S. assets, he said.Lastly, exchange-traded fund (ETF) flows in the last week suggest "safe-haven reallocation from gold...

Coinbase UX Glitch Caused False Security Alarms for Users: Report

The crypto exchange has fixed a user interface error that incorrectly flagged failed password attempts as 2-step verification failures.Source link