Insights
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MicroStrategy raises $563M from oversubscribed STRK stock offering
MicroStrategy has significantly exceeded expectations with its latest perpetual convertible preferred stock offering, securing $563.4 million—nearly three times the anticipated…
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Crypto traders lost over $24 million in Solana due to memecoin mishaps
Crypto traders continue to lose millions by mistakenly sending Solana (SOL) tokens to memecoin contracts. Conor Grogan, a director at…
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Bitcoin rally boosts Tesla’s 2024 Q4 net income by $600 million
Tesla’s Bitcoin investment played a key role in its fourth-quarter performance, accounting for $600 million (or 26%) of its GAAP…
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Ripple co-founder sent over $100M in XRP to exchanges in January
Chris Larsen, co-founder of Ripple, has moved more than $100 million worth of XRP to exchanges in January. Blockchain investigator…
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Norway’s sovereign wealth fund increased Bitcoin exposure by 153% in 2024
Norway’s sovereign wealth fund—Norges Bank Investment Management (NBIM)—increased its indirect Bitcoin exposure by 153% in 2024 to 3,821 BTC, according…
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Tether mints $1 billion USDT on TRON with zero cost to boost inventory
Tether has minted its first batch of USDT stablecoins this year, adding $1 billion to the TRON blockchain. On Jan. 29,…
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Bitcoin spot demand declines as whales lead BTC rally over $100,000
Amid Bitcoin’s rally to $100,000 and beyond, BTC price movements have been influenced by interesting dynamics behind the scenes. Buying…
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Bitcoin mining difficulty drops for first time since September 2024 as BTC price dips below $100k
Bitcoin’s mining difficulty decreased for the first time since September 2024, coinciding with the top asset price falling below the…
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MicroStrategy bought $1.1 billion BTC hours before Bitcoin fell below $100k
MicroStrategy bought an additional 10,100 BTC for $1.1 billion at an average price of $105,596, just before a 6% dip…
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Nvidia’s single-day $465B loss surpasses combined market caps of XRP, Tether and Solana
Nvidia’s stock plunged 13% as the Jan. 26 trading session began, erasing approximately $465 billion in market value. This marks…
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