From Fiction to Financial Reality: Why ‘Bitcoin’ Is the Perfect Name

The name “Bitcoin,” unveiled by Satoshi Nakamoto in 2008, perfectly encapsulates the fusion of digital innovation and timeless value, solidifying its place as a financial and cultural icon. ‘Bitcoin’:...

Japan’s DMM Bitcoin Exchange Set to Shut Down

Japan’s crypto exchange DMM Bitcoin is reportedly set to shut down following a $320 million loss due to a private key hack in May. The attack, which compromised over 4,500 Bitcoin, has proven too seve...

New Bitcoin Investment ETFs Offer Downside Protection as Asset Management Firms Seek Regulatory Approval

On December 2nd, COINOTAG News reported that four notable asset management firms have taken significant steps by applying to the US regulatory agency for the creation of a Bitcoin investment ETF. Thes...

Bitcoin’s Price Discovery Phase Sparks Potential for Significant Gains Amid Positive December Trends

Bitcoin enters a critical price discovery phase, with potential gains reflecting historic bull market trends, drawing significant trader interest. Analysts are predicting substantial Bitcoin price mov...

Michael Saylor Suggests Bitcoin Could Propel Microsoft into the Next Technology Wave Amidst Ongoing Financial Risks

MicroStrategy co-founder Michael Saylor has publicly urged Microsoft to embrace Bitcoin, positioning the cryptocurrency as a fundamental asset for technological advancement. Saylor’s assertion highlig...

DMM Bitcoin Raises 365.1 Million USD Amid Operational Shutdown Following Massive Bitcoin Theft

On December 2nd, DMM Bitcoin, a prominent Japanese cryptocurrency exchange, disclosed a significant capital raise totaling approximately 55 billion yen (equivalent to 365.1 million USD) in June. The f...

Boyaa Interactive Expands Bitcoin Holdings to 3,183 Amid Strategic Shift from Ether

Boyaa Interactive International has increased its Bitcoin holdings by converting a significant amount of Ether, signaling a strategic shift in its treasury management. This acquisition elevates Boyaa’...

XRP Dominates Upbit with $3.68 Billion in Daily Trading Volume, Outshining Bitcoin

According to recent data from Coingecko, the daily trading volume of XRP on Upbit surged to an impressive $3.68 billion on December 2nd, representing a substantial 27.53% of the exchange’s overall tra...

BTC at $97K, XRP Jumps 28%, HBAR Surges 44%

Today’s crypto prices showcase a strong bullish trend, with Bitcoin (BTC) maintaining a trading range of $95K-$99K over the past week. XRP recorded an impressive 28% surge in the last 24 hours, while ...

Bitcoin Rebounds at $97K Despite Falling BTC Market Share

After a consistent dip last week, Bitcoin(BTC) shows signs of recovery at $97,585, even as BTC market share fell to 56.75%. Notably, in the early hours, Bitcoin briefly broke through the $98,000 mark....

Japanese Exchange DMM Bitcoin Faces Liquidation After $32 Million Loss in Bitcoin Hack

In a significant development in the cryptocurrency space, DMM Bitcoin, a prominent Japanese exchange, is moving towards liquidation. According to a report by Nikkei Asia, this decision follows a devas...

DMM Bitcoin Faces Possible Liquidation After $320 Million Hack Loss and Operational Halt

Japanese cryptocurrency exchange DMM Bitcoin is facing closure after suffering a significant loss from a private key hack that occurred earlier this year. The exchange reportedly plans to liquidate it...

Bitcoin Reaches All-Time Low in Exchange Reserves: Implications for Price Volatility and Market Growth

COINOTAG News on December 2nd highlights a noteworthy report from 10x Research indicating that the Bitcoin balance across cryptocurrency exchanges has plummeted to an unprecedented low. On-chain metri...

Bitcoin Surges 37% in November Amid ‘Trump Trade’ Boosting Market Trends

COINOTAG News reports that the resurgence of the “Trump Trade” in November has played a pivotal role in shaping global market dynamics. According to 4E monitoring, the major U.S. stock indices experie...

Binance Offers Up to $100 Bitcoin Cashback for LATAM Users This Christmas

Alvin Lang Dec 02, 2024 03:25 Binance announces a promotional offer for LATAM users, providing up to $100 cashback in Bitcoin for eligible participants between December 1-25, 2024. Binance, a leading ...

MicroStrategy Executive Chairman Optimistic Bitcoin Could Hit $280T Market Cap in 2045

Key Points: MicroStrategy executive chairman Michael Saylor urged Microsoft to adopt Bitcoin as a core corporate strategy. Saylor forecasted Bitcoin’s market cap to grow from $2 trillion to $280 trill...

Binance Launches ‘Word of the Day’ Game Featuring Bitcoin Euphoria

Caroline Bishop Dec 02, 2024 03:13 Binance introduces a Word of the Day game focused on ‘Bitcoin Euphoria’, offering users a chance to earn Binance Points and engage with crypto-related co...

Michael Saylor Urges Microsoft to Consider $100 Billion Annual Investment in Bitcoin for Potential Trillion-Dollar Market Gains

Amid rising Bitcoin valuations, MicroStrategy’s Michael Saylor delivers an audacious pitch to Microsoft, urging a significant investment in cryptocurrency. Saylor asserts that a substantial commitment...

Recursive Capital’s Fund I Boosts Bitcoin Startups in Africa with New Fundraising Round

On December 2nd, Recursive Capital’s Fund I revealed its successful conclusion of a fundraising initiative aimed at bolstering **Bitcoin** startups and advancing ecosystem development across **Africa*...

DMM Bitcoin exchange shuts down after a $321 million fraud incident

DMM Bitcoin, a Japanese crypto exchange is shutting down its operations according to a recent report by Nikkei Asia. The exchange was unable to recover from a massive fraud incident that occurred earl...

Microsoft’s Potential $5 Trillion Shareholder Value Through Bitcoin Adoption, Says Michael Saylor

MicroStrategy co-founder Michael Saylor recently made headlines by proposing that Microsoft could unlock nearly $5 trillion in shareholder value through Bitcoin adoption. Saylor’s compelling strategy,...

Bitcoin Price on the Brink: $100K Breakthrough Imminent?

Bitcoin price is recovering higher above the $96,000 level. BTC is showing positive signs and aims for a fresh increase above the $98,800 level. Bitcoin started a fresh increase above the $96,000 zone...

Whale Activity Surge: 1,000 BTC Deposited to Binance – What This Means for Bitcoin

In a startling development in the crypto sector, COINOTAG reported on December 2nd that a significant whale address has transferred 1000 BTC to Binance, representing a transaction value of around $97....

Bitcoin Supply Dwindles on Exchanges as Long-Term Holders Retain Positions and Demand Grows

As long-term Bitcoin holders continue to retain their assets amidst a tightening supply, the cryptocurrency market faces significant liquidity challenges. This ongoing trend, underscored by a major re...

Bitcoin Price Push to $120k Opens Doors for a Secret Altcoin with 45,309% Potential

The cryptocurrency market speculates about its next milestones as the Bitcoin price surges toward the $100,000 mark. Analysts from Standard Chartered in 2023 predicted that Bitcoin could reach $120,00...

buy Bitcoin than your stock

Michael Saylor promised Microsoft’s board of executives to present Bitcoin advantages for the company in just 3 minutes, and he did. Executive Chairman of MicroStrategy, Michael Saylor, presented Bitc...

Michael Saylor Claims He Can Convince Warren Buffett to Buy Bitcoin Using Berkshire’s $325B Cash

Berkshire Hathaway’s $325 billion cash reserve bleeds $32 billion yearly, Michael Saylor says, claiming that he could sway Warren Buffett to embrace bitcoin. Berkshire Buying Bitcoin? Michael Saylor C...

MicroStrategy’s Michael Saylor Advocates for Bitcoin’s Role in Microsoft’s Future, Predicts $280 Trillion Market Cap by 2045

In a recent address to Microsoft’s board, MicroStrategy’s founder and CEO, Michael Saylor, emphasized the pivotal role of Bitcoin in driving the next phase of technological advancement. He urged the t...

Ethereum ETF Inflows Surpass BTC’s: ETH Price To Surge?

An interesting thing just happened in the market as Ethereum ETF inflows flipped Bitcoin inflows. This was a first for the market ever since ETFs started trading and there could be more to this outcom...

Tim Draper Predicts Bitcoin to Hit $250K in 2025 — 30x Growth on the Horizon

Bitcoin is poised for explosive growth, says Tim Draper, predicting it will dominate global transactions, save money, and revolutionize finance with its superior technology. Tim Draper Says ‘I Think 2...

Bitcoin Dominance Falls to 56.75% as Cryptocurrency Market Cap Surges to $1.46 Trillion

On December 2nd, COINOTAG reported a significant trend in the cryptocurrency market, noting a decline in Bitcoin’s dominance rate (BTC.D) to 56.75%. This figure represents an 8.15% decrease from the b...

Bitcoin dominance ready to break multi-year support

Bitcoin dominance is in the analyst’s eyes, which indicates another cycle of the cryptocurrency market, after it is dominating for a few months. Bitcoin dominance, which measures the market capitaliza...