Author: John Smith
Semler Scientific, a company focused on technology solutions for healthcare providers, announced an update on its Bitcoin holdings. Between December 5 and December 15, 2024, the company acquired an additional 211 Bitcoin (BTC) for $21.5 million, bringing its total holdings to 2,084 BTC. The recent purchase was made at an average price of $101,890 per Bitcoin, including fees and expenses. The total value of Semler’s Bitcoin holdings now stands at $168.6 million, based on an average purchase price of $80,916 per Bitcoin. Semler’s Bitcoin acquisition was funded through proceeds from its at-the-market offering and operating cash flow. The company has…
Coinbase has announced the listing of Parcl, a Solana-based decentralized real estate trading platform. The cypto exchange will list Parcl (PRCL) token on December 17, starting on or after 9:00 AM Pacific Time, subject to liquidity conditions. Coinbase plans to add the PRCL-USD trading pair once there is sufficient supply. According to the U.S.-based crypto exchange, PRCL transfers will be available on both Coinbase and Coinbase Exchange. However, the rollout will be phased, with availability restricted in certain jurisdictions. What is Parcl? Parcl is a decentralized real estate platform that provides access to city indexes, including major destinations like New…
The U.K.’s Financial Conduct Authority issued a public notice against Solana meme coin Retardio, while holders celebrated a 16% price surge following the news. Retardio, a viral Solana (SOL) meme con project, may be providing or promoting financial services without regulatory permission, the FCA announced in a Dec. 16 update. Engaging with the meme coin disqualifies investors from using the Financial Ombudsman Service, the FCA’s complaint resolution channel. Retardio buyers are also excluded from protections offered by the Financial Services Compensation Scheme. “This means it’s unlikely you’d get your money back if the firm goes out of business,” according to…
Ripple’s U.S. dollar stablecoin will become available on the XRP Ledger and Ethereum blockchain starting Tuesday, December 17. Digital payment behemoth Ripple (XRP) has declared Dec. 17 as the debut date for its U.S. dollar-backed stablecoin RLUSD in the Americas, the U.K., the Middle East, and Asia-Pacific markets. RLUSD’s launch follows last week’s final regulatory approval from the New York Department of Financial Services. NYDFS’s greenlight moved the stablecoin from its test phase to a broad rollout across several platforms like Uphold, MoonPay, Bitso, Bullish, Mercado, and CoinMENA. Ripple CEO Brad Garlinghouse said the XRP company intentionally launched its RLUSD stablecoin “under…
Bitcoin has smashed past another record level with a surge to a new all-time above $107,000. After reclaiming the psychological $100,000 level, Bitcoin (BTC) strengthened further, reaching highs of $107,172 on U.S.-based crypto exchange Coinbase. The flagship digital asset rose to this new ATH as the world’s largest corporate holder of BTC purchased another $1.5 billion worth of the asset. Bitcoin broke to above $104 on December 5, 2024. However, profit-taking saw it dip to lows of $97,044, where it struggled for upward momentum over the next nine days. On December 15, 2024, bulls pushed the price above its previous…
Chainlink price continued its strong rally, reaching a high of $30, its highest level since November 2021. Chainlink (LINK), the biggest oracle in the blockchain industry, rose to $30.17, up over 270% from its lowest point in September. The coin soared due to several tailwinds that could drive further gains in the near term. For example, Donald Trump’s World Liberty Finance selected Chainlink as its oracle provider and acquired 78,387 LINK tokens valued at over $2.3 million. Hedera Hashgraph (HBAR), the popular layer-1 network, selected Chainlink as the provider of its oracles as it seeks to boost its Decentralized Finance…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A veteran trader predicts Bitcoin at $150K and Ethereum at $5K by summer, spotlighting 5 altcoins primed for big gains. The crypto market is on the cusp of a seismic shift as a veteran trader predicts Bitcoin’s surge to $150,000 and Ethereum’s climb to $5,000 by summer. These ambitious projections come alongside a focus on five altcoins that could mirror this bullish momentum. From unique meme coins like Catzilla to established players like Solana and Uniswap, these assets are…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum’s $8,000 target, Pepe Coin’s rise to $0.0002, and Lightchain AI’s potential leap to $2 showcase blockchain’s explosive growth. The cryptocurrency market is abuzz with predictions about the future of some of its most talked-about assets. Ethereum, the leading smart contract platform, is speculated to climb to an impressive $8,000, driven by its robust ecosystem and upcoming upgrades. Meme-based Pepe Coin, known for its community-driven appeal, has investors eyeing a potential rise to $0.0002. Meanwhile, Lightchain AI, a trailblazer…
Anchorage Digital, a leading crypto platform for institutional clients, has received approval for a BitLicense from the New York State Department of Financial Services. The approval authorizes Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, to offer regulated crypto trading services to institutions based in New York. Full capabilities are expected to be operational in early 2025. The BitLicense The BitLicense is one of the most sought-after licenses in the crypto industry, allowing companies to provide digital asset services within New York state under a stringent regulatory framework. This approval marks a significant milestone for Anchorage Digital as it continues to…
Cardano’s price has remained sideways this month, but a rare chart pattern indicates a potential comeback in the coming weeks. Cardano (ADA), the popular layer-1 cryptocurrency, is trading at $1.06, down nearly 20% from its highest level this year. The pullback followed a rally that pushed the coin to a multi-year high of $1.327 in November during the crypto bull run. This decline mirrors the performance of other cryptocurrencies, like Avalanche (AVAX) and Binance Coin (BNB), which have also retreated from their year-to-date highs. Cardano’s drop coincided with a decline in the total value locked (TVL) within its decentralized finance…