Category: economy
Strategy Acquires 390 Bitcoin, October Buys Net 778 BTC
The post Strategy Acquires 390 Bitcoin, October Buys Net 778 BTC appeared com. Michael Saylor’s strategy, the world’s largest public Bitcoin holder, added to its BTC holdings last week amid rising momentum, but buying activity has slowed considerably since September. Strategy purchased 390 Bitcoin (BTC) for $43. 3 million in its latest BTC acquisition last week, according to a US Securities and Exchange Commission filing on Monday. The purchases were made at an average price of $111,117 per BTC, with Bitcoin briefly rising past $113,000 on Tuesday, according to CoinGecko data. The acquisition brought Strategy’s total Bitcoin holdings to 640, 808 BTC, purchased for about $47. 4 billion at an average price of $74,032 per coin. Strategy posts one of its slowest BTC-buying months With the latest purchase of 390 BTC, Strategy has accumulated 778 Bitcoin in October among the smallest monthly totals in its history. Compared with the 3, 526 BTC acquired in September, Strategy’s October buys are down 78%, underscoring the ongoing slowdown in accumulation. The latest buy is even smaller compared with the massive 31, 466 BTC and 26, 695 BTC acquired in July and May, respectively. An excerpt from Strategy’s Form 8-K. “Strategy is no longer buying big but they’re still buying,” Maartun wrote in an X post on Sunday, adding that long-term conviction remains, “even as funding pressure grows. 53 billion spent on BTC acquisitions so far. The company still has roughly two months to surpass last year’s record of $21. 76 billion spent on BTC, according to Maartun. Related: Strategy can buy $100M of Bitcoin within an hour of raising it: Saylor Strategy’s.
Funding Radar: Danish foundation to boost collaborative neuroscience research
Photo credits: zverge / BigStock The Lundbeck Foundation is investing in large collaborative projects designed to strengthen interdisciplinary research in neuroscience. The goal is to position Denmark as a global leader in this field. As part of its mission to.
Best Crypto Presale to Buy Now as Q4 Rally Begins
The post Best Crypto Presale to Buy Now as Q4 Rally Begins appeared com. As the US and China work to reach a new trade agreement and the market begins looking ahead to this week’s FOMC meeting, where rate cuts are expected, crypto prices are looking stronger than they have in weeks. Bitcoin is up 2. 7% on Monday and trading at roughly $115,400, marking the coin’s highest price since the days following the October 10 crash. Large-cap altcoins like Ethereum, BNB, XRP, and Solana have followed suit, posting solid gains. However, newer low-cap projects are doing the best right now. For example, CoinGecko data reports that PayAI Network gained as much as 127% today, while DIA has rallied by 68%. One of the best ways to find emerging projects with strong potential is through crypto presales, which allow investors to buy in at fixed and discounted rates before a new token lists on exchanges. Bullish market conditions mean these early-stage opportunities can turn modest investments into substantial sums but what are the best crypto presales to buy now? We’ve identified four picks that show promising potential, so let’s take a look below. Bitcoin Hyper Bitcoin Hyper (HYPER) is a Bitcoin Layer 2 (L2) blockchain created to solve the original Bitcoin network’s major speed and functionality issues. It’s built using ZK rollups, Solana Virtual Machine (SVM) tooling, and a trustless canonical bridge. By incorporating ZK rollups, Bitcoin Hyper can report its state back to the Bitcoin L1, gaining its immutability and neutrality benefits. Meanwhile, using the SVM means that the L2 offers the same speeds, fees, and smart contract support that made Solana as successful as it is today. And then there’s the canonical bridge, which allows holders to easily transfer BTC to and from the L2, enabling smooth access and potential for strong liquidity inflows. The HYPER token (currently priced at $0. 013175).
$1 million raised: Digitap ($TAP) proves unstoppable demand for its Visa Card as TRON (TRX) goes downhill
From a raging presale to a stalling legacy network, the contrast between Digitap (AP) and TRON (TRX) is quite jarring. Namely, Tron has been struggling to maintain any momentum for weeks now. MeanwhThe post $1 million raised: Digitap (AP) proves unstoppable demand for its Visa Card as TRON (TRX) goes downhill appeared first on AMBCrypto.
PAAA: Large Inflows Detected at ETF
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the PGIM AAA CLO ETF (Symbol: PAAA) where we have detected an approximate $204. 2 million dollar inflow — that’s a 4. 4% increase week over week in outsta.
Honeywell upgraded at RBC Capital on breakup values, earnings momentum
Honeywell upgraded at RBC Capital on breakup values, earnings momentum
Part-time jobs, loans and worry: Texas federal workers contend with government shutdown
Many federal workers missed their first full paycheck this weekend as the shutdown nears the one-month mark.
Pi Network Price Prediction: Can PI Sustain Its Sudden 20% Jump?
The post Pi Network Price Prediction: Can PI Sustain Its Sudden 20% Jump? appeared first emerging as a top gainer amid altcoin recovery. In the past few hours, the PI price surged over 20%, rebounding sharply from the $0. 21 support zone to trade around $0. 26. This sudden rally comes as nearly 2. 7 million users successfully migrated to.
The New York Times
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