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Showing posts with the label digital assets

Crypto Asset Soars After Binance Founder Changpeng Zhao Reveals Purchase

An altcoin that exploded on the scene this year is surging thanks to a boost from Binance founder Changpeng “CZ” Zhao. In a new tweet, CZ disclosed purchasing 2,090,598 Aster (ASTER) tokens on Binance at around $0.913 each, sparking a 36% price jump to a high of $1.25. Zhao emphasized his philosophy of buying and holding, comparing it to his early BNB investment eight years ago. Aster is a decentralized exchange that’s active on the Solana network, BNB Chain, Ethereum and Arbitrum, offering spot and perpetual trading with up to 1001x leverage. It supports crypto and U.S. stocks, settled in crypto without bridging. Backed by YZi Labs, Aster launched in September 2025 on BNB Chain. CZ’s prior on-chain buys in September fueled early hype. Since launching in mid-September at around $0.10, Aster rocketed over 1,000% to a peak of $2.41 by September 24th, then pulled back to about $1.16 amid volatile trading volumes. Aster is priced at $1.22 ...

Strategy Earns $12 Billion on Bitcoin Holdings in 2025

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Michael Saylor’s Bitcoin-focused company, Strategy, released its Q3 earnings report on Thursday, Oct. 30, 2025, with results exceeding Wall Street expectations. The company delivered an earnings per share of $8.42, beating Wall Street’s prediction of $8.15. Strategy also reported a quarterly earnings of $2.8 billion. The company’s Bitcoin (BTC) holdings have led to a $12.9 billion gain in 2025 (year-to-date). Strategy currently holds 640,808 BTC with a cost of $47.44 billion, or $74,032 per coin. Strategy Reports Big Q3 While Bitcoin Slumps Source: Chris Ratcliffe / Bloomberg While Michael Saylor’s company is reporting a healthy third quarter, the crypto market continues its lackluster price movements. Many anticipated October to be a bullish month, given the historical pattern. However, things did not go as per the norm. Bitcoin (BTC) is struggling to hold the $110,000 price level, trading in the red zone in most time frames. According to CoinGecko, BTC’s ...

Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn

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Shiba Inu chances to grow are looking stronger right now, and the numbers actually back it up. The memecoin just saw a major SHIB token burn that removed 54.8 million tokens last week—a 76% jump from the week before. At the time of writing, SHIB trades with technical patterns that point to a potential 25-35% Shiba Inu rally ahead. Analysts tracking the chart set the Shiba Inu price target between $0.00001250 and $0.00001400. Also Read: Shiba Inu Team Sends Message of Hope Amid Price Stagnation Shiba Inu Technicals Show Strong Chances To Grow After Token Burn Source: Getty Images Chart Patterns Signal Potential Breakout Two consecutive higher lows have been formed on the daily chart since October 10, and these were followed by a high that reached $0.00001069. The 7-day simple moving average has been reclaimed by the price, and multiple daily closes above this level have actually been sustained. Right now, the 20-day SMA is being tested, and the 7-day SMA looks ready to cross above it. T...

Bitcoin-Focused Strategy Could Join S&P 500: Here's Why

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According to cryptocurrency Analysis firm 10X Research, Michael Saylor’s Bitcoin-focused company, Strategy, has a 70% chance of joining the S&P 500 index before the end of this year. Stratgy is set to release its Q3 2025 earnings report on Thursday, which is expected to include a $3.8 billion gain from its Bitcoin (BTC) holdings. Strategy is among the biggest Bitcoin (BTC) holders in the world, with 640,808 BTC in its coffers. A profitable third quarter will greatly increase the company’s chances of joining the S&P 500 list of companies, effective from Dec. 19, 2025. According to the report, “ The October 30 earnings release, which could reignite speculation around the December 5 S&P 500 inclusion decision — a scenario we assign a roughly 70% probability. ” Will Bitcoin Enter a Bullish Phase In November? Source: Watcher.Guru While October has historically been a bullish month for Bitcoin (BTC), 2025 did not fit the historical pattern. This month has bee...

How Much Bitcoin Does Michael Saylor Own in 2025?

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Michael Saylor, former CEO of Strategy, has always been known as an avid Bitcoin enthusiast, a proponent who strongly believes in the ideological structure of BTC. Saylor has long been promoting Bitcoin on all fronts, aggressively pushing ideas ahead to help the masses make sense of how Bitcoin can truly help simplify lives in the long term. That being said, ever wondered how much Bitcoin Saylor personally owns? Here’s the exact amount and his secret to maintaining wealth for a secure future. Also Read: Will November Send Bitcoin Price Back to $120K Heights? Saylor’s BTC Dreams Source: Bitcoin.com News Michael Saylor has always shown how acutely attentive he is towards Bitcoin. Saylor has been noted for promoting Bitcoin on all sides; whether it’s about streamlining BTC’s productivity or outlining its futuristic appeal, Saylor has done it all. Michael is also a former CEO of MicroStrategy, now rebranded as Strategy, a company that continues to aggressively buy Bitcoin tokens...

Crypto market adds $150 billion within hours 

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The global cryptocurrency market is witnessing a sharp rebound on renewed optimism over a potential U.S.–China trade breakthrough. Specifically, within just 24 hours, total market capitalization surged from $3.69 trillion to $3.84 trillion, adding roughly $150 billion in value. Crypto market cap chart. Source: CMC Several assets have been at the forefront of this momentum. For instance, as of press time, Bitcoin (BTC) had climbed 1.54% to $113,566, while Ethereum (ETH) followed with a 3.39% rally to $4,076.  Solana (SOL) rose 2.49% to around $198, BNB (BNB) gained 1.91% to $1,135, and XRP joined the uptrend with a 2.70% increase to $2.65. Top crypto market gainers. Source: Finbold Why crypto market is rallying  The surge came after significant developments in Beijing and Washington, where China’s Vice Minister of Commerce announced that both nations had reached a “consensus” on key trade issues. The discussions reportedly covered export control...

$1B XRP Buyback Echoes Pundit Forecast

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The Ripple XRP buyback news is making headlines right now after Bloomberg reported the company wants to raise up to $1 billion to purchase XRP tokens. This strategic Ripple XRP buyback comes as analysts and community voices predict XRP could hit $27, sparking fresh discussions around where the price might head across trading circles. The strategy represents a notable pivot for Ripple, especially as prominent figures suggest this could mark the moment that XRP holders have been waiting for. Ripple’s XRP Buyback Fuels $27 Price Prediction and Holder Excitement Source: CoinDesk The Escrow Question That Has Everyone Talking The big question on everyone’s mind is pretty straightforward: why would Ripple raise external capital when it’s sitting on roughly 35 billion XRP in escrow accounts? It’s a fair point, and one that has sparked quite a bit of discussion in the XRP community at the time of writing. XRP community analyst Nietzbux tackled this head-on, and he confirm...

Palmer Luckey's Tech Bank Just Won US Approval to Serve Crypto

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Palmer Luckey’s new banking venture has just received conditional approval from U.S. regulators to serve cryptocurrency and AI companies, and the news is already making headlines. Erebor, the Columbus, Ohio-based institution, secured approval from the Office of the Comptroller of the Currency (OCC) on October 15, 2025. The bank represents a significant step for digital asset firms that have struggled to find traditional banking partners willing to work with them. Also Read: Fed Rate Hike Sparks $320B Selloff as Bitcoin ETF Hype Fades Erebor Crypto Bank Gains Approval Amid Rising Market Uncertainty Source: Bitcoin Magazine Fast-Track Regulatory Green Light Raises Questions Palmer Luckey‘s crypto approval came in just four months, which is unusually fast for this kind of regulatory clearance and has spearheaded numerous significant debates among industry observers. Comptroller of the Currency Jonathan Gould announced the decision and made it clear this was significant for his ...

Ripple's XRP Price Will Fall to $1?

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Ripple’s XRP price was above the $3 level but slid in the charts in October. After the recent market crash, when Trump imposed 100% tariffs on China, the leading altcoin plummeted to the $2.3 range. It rebounded on Wednesday, hitting $2.50 and surged 2% in the day’s trade. The dip in Ripple’s XRP price indicates that the altcoin could experience more downturn. The dangers come after its 24-hour trading volume declined by over 40% this week. The daily trading volume stood at $10 billion last week but is now at $6 billion. The development indices reduced trading activity that could affect Ripple’s XRP price moving forward. In this article, we will highlight three reasons that could push the altcoin to the $1 level. Also Read: Russia Likely to Pick XRP for Cross-Border Payments, Ripple Expands in Africa Why Ripple’s XRP Price Could Fall To $1? 1. SEC Regulatory Rejection Source: Fox Business If the US Securities and Exchange Commission (SEC) rejects the XRP E...

Money Keeps Flowing: Crypto Funds Hit Record $6-B Inflows

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NFTs Weekly Trading Sales Volume Surge +14% To $135M

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The NFT market has shown a significant rebound this past week, marked by notable increases in transaction volumes, market value, and average sale prices. This resurgence is driven by renewed interest in both blue-chip NFT collections like Pudgy Penguins and CryptoPunks, Moonbirds, and the Bored Ape Yacht Club NFT collection. In the past seven days, the global NFT market has raised a trading sales volume of $135 million. NFT Sales Jump +14% In The Past Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer tracking non-fungible token collections from more than 20 blockchain networks, indicates that the global non-fungible token market has slightly surged this past week. From September 22 to September 28, the global NFT market recorded a trading sales volume of $135 million. The recent NFT market resurgence was driven by renewed interest in both blue-chip collections, which began after the introducti...