Author: CryptoHoppers
Michael Saylor’s Strategy acquires 130 Bitcoin at an average price of $82,981
Key Takeaways Strategy acquired 130 Bitcoin at an average price of $82,981, increasing total holdings to 499,226 BTC. The acquisition was funded by selling series A preferred stock, generating $10.7 million in net proceeds. Share this article Business intelligence firm Strategy acquired 130 Bitcoin for approximately $11 million at an average price of $82,981 per coin between March 10 and March 16, according to an SEC filing today.The company’s total Bitcoin holdings now stand at 499,226 BTC, valued at over $41.6 billion. Strategy’s co-founder and executive chairman Michael Saylor said the company’s total holdings were purchased at an average price…
Key Takeaways:The RED token has seen a significant price increase after the announcement of the DRILL program.The DRILL program aims to airdrop 4.5% of the total RED supply to early adopters and core users.This initiative consists of five strategic pillars designed to foster the sustainable growth of the RedStone ecosystem.As for the RedStone (RED) token, the price continues to take off, gaining almost $0.335 to hit a recent record high from just $0.4195 earlier this month. Today the token peaked at $0.7545, a level not seen since March 7, representing a nearly 80% gain from a pair of recent lows.…
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Trump-backed World Liberty Financial buys AVAX and MNT for $4M as total portfolio losses reach $118M
Key Takeaways World Liberty Financial purchased $2 million each of AVAX and MNT tokens while experiencing total portfolio losses of $118 million. World Liberty Financial’s portfolio includes 11 digital assets with Ethereum accounting for 58% and $88 million in losses. Share this article World Liberty Financial (WLFI), the DeFi project backed by the Trump family, on Saturday purchased $2 million each of Avalanche (AVAX) and Mantle (MNT) tokens, while its total portfolio continues to show substantial losses.According to data tracked by Arkham Intelligence, the entity acquired 103,911 AVAX tokens and 2.45 million MNT tokens after a purchase of 541,783 SEI…
Vice President JD Vance hopes a ‘high-level’ deal will be reached by the April 5th deadline to keep TikTok up and running in the United States. In a recent interview with NBC News reporters, Vance said, “There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise.” On his first day in office, Trump signed an executive order for his administration to find a way forward to “protect national security” without shutting down the social media app used by millions of US citizens. Trump then asked…
We Asked Grok-3 AI if Rexas Finance (RXS) Can Become a Top 20 Crypto By the End of 2025
With the launch of its Grok 3 model, Grok AI has disrupted the entire LLM industry. Elon Musk, the CEO of its parent company XAI, called Grok 3 “the smartest AI,” claiming it outperforms rivals such as ChatGPT, Google Gemini, and DeepSeek R1. Not surprisingly, investors are already using Grok AI to improve their investment predictions. According to Grok AI’s predictions, Rexas Finance (RXS) is undoubtedly a viable candidate to make it into the top 20 with the popular bull run of 2025. We asked this model if Rexas Finance (RXS) Can Become a Top 20 Crypto By the End…
Key Takeaways Coinbase is introducing futures contracts for Cardano and Natural Gas, pending CFTC approval. Cardano futures allow traders exposure to price movements without holding the asset. Share this article Coinbase is seeking regulatory approval to launch Cardano (ADA) and Natural Gas (NGS) futures contracts—a move that would expand its offerings in the energy and crypto derivatives markets.Coinbase Derivatives, Coinbase’s futures exchange, said Friday it had submitted documentation to the CFTC to self-certify futures for ADA and NGS. We’re excited to announce that Coinbase Derivatives has filed with the CFTC to self-certify Natural Gas (NGS) futures and Cardano ( $ADA…
Bitcoin’s massive +$800M per day realized losses could mark a likely bottom Overall demand has remained negative, with BTC ETFs bleeding over $5 billion Bitcoin [BTC] has stayed below $85k on the charts after a brief dip to $76k – A move Bitfinex exchange analysts believe could likely signal stabilization. In their weekly market report, the analysts noted that traders saw a realized loss of $818 million per day, a market flush that always precedes a potential bottom. “Such widespread capitulation often precedes market stabilisation, though geopolitical and macroeconomic concerns remain a significant overhang.” Will BTC rebound? However, short-term holders…
2021 is where everyone was talking about NFTs and it seemed like the next big thing. Fast forward to 2025 and people are speculating on whether NFTs can ever reclaim their past glory. There was truly a time when a digital image of a monkey (Bored Apes collection) fetched thousands of dollars in ETH, however, now they are just out of the crypto scene. Read this article to find out what are NFTs, why they became so popular, and how to make them yourself! Ever since it went mainstream in 2021, everyone from digital artists to celebrities to football clubs…
3AC wins court approval to expand FTX bankruptcy claim from $120 million to $1.5 billion
Key Takeaways 3AC’s liquidators increased their bankruptcy claim against FTX to $1.53 billion. The court approved the expanded claim involving breach of contract and unjust enrichment. Share this article Three Arrows Capital’s (3AC) liquidators won approval to increase their bankruptcy claim against FTX from $120 million to $1.5 billion, according to a court filing shared today by Michael Bottjer, co-founder of FTXCreditor, an entity focused on providing liquidity solutions for creditors affected by FTX bankruptcy.Russell Crumpler and Christopher Farmer, appointed to manage the liquidation of 3AC in the British Virgin Islands (BVI), originally filed a proof of claim (POC) for…