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The Bitcoin price edged up a fraction of a percent in the last 24 hours to trade at $97,674 as of 02:25 a.m. EST on trading volume that dropped 21% to $113 billion. This comes as Microsoft shareholders recently rejected a proposal to invest in Bitcoin, despite predictions of significant market growth. MicroStrategy CEO Michael Saylor had earlier presented the proposal, advocating for Microsoft to diversify its portfolio by allocating a portion of its reserves to Bitcoin. Despite his optimistic outlook, Microsoft’s board cautioned against the plan, citing concerns about potential risks and volatility.  Meanwhile, Bitcoin continues to attract massive attention from individuals and firms, including Ray Dalio, founder of Bridgewater Associates, who views Bitcoin and gold as stores of value that help investors move away from debt and towards hard money.  Additionally, Goldman Sachs CEO David Solomon stated that the firm could consider trading Bitcoin and Ethereum if US re...

Nike, an athletic footwear and apparel company renowned in the non-fungible token market for its sneaker collectibles, has not yet abandoned the burgeoning non-fungible token market. This revelation appears just a few days after it announced shutting down its RTFKT NFT studio, the move that was interpreted by many users as its plans to exit the NFT market. In this article, we shall look in-depth on how Nike is redefining digital fashion, gaming, and web3 adoption. 1) Nike's @dotSWOOSH and Polygon: Redefining Digital Fashion, Gaming, and Web3 Adoption@Nike, a trailblazer in the fashion and Web3 industries, has strategically built its digital ecosystem on @0xPolygon — through the innovative .SWOOSH platform. This move highlights Nike's… pic.twitter.com/36fa1HaE8d — KingDankKush (@KingDankKush) December 9, 2024 Nike Hasn’t Exited The NFT Space Earlier this month, the athletic footwear and apparel company confirmed plans to shut down its digital asset incubati...

Microsoft shareholders have voted against the proposal that sought to have the tech giant add Bitcoin to its balance sheet. The vote on Tuesday, December 10, 2024, followed the proposal by the National Center for Public Policy Research, and came after MicroStrategy founder and Chairman Michael Saylor added to the call for Microsoft to adopt a Bitcoin treasury via a presentation. On Dec. 10, details on the vote indicated Microsoft shareholders had rejected the proposal – meaning one of the world’s most valuable companies is not primed to add BTC to its treasury any time soon. Microsoft will not now take time to study the option of having the world’s largest cryptocurrency by market cap as part of its diversified portfolio. Saylor, whose company is the largest corporate holder of Bitcoin after a buying spree that started in 2020, said last week that Microsoft had the potential to add trillions of dollars to its market cap if it invested in the ...

The Luigi Mangione price soared more than 35,000% in the last 24 hours to trade at $0.03153 as of 02:21 a.m. EST on trading volume that jumped to $174 million. The LUIGI token is named after Luigi Mangione, who was charged in last week’s shooting of UnitedHealthcare CEO Brian Thompson. Mangione was identified earlier as a person of interest and has been arrested on firearms and other charges in Pennsylvania. Luigi Mangione Price Aims For A Bullish Trend Reversal According to the LUIGI/USD chart Analysis , the Luigi Mangione price experienced a strong bullish trend after its launch, marked by a steep green upward arrow, suggesting significant buying momentum. This upward move saw increasing volume, supporting the price surge. After hitting a peak (near $0.057), the price entered a falling wedge, which is indicative of a cooling-off period or a potential reversal, according to data from GeckoTerminal .  The price of Luigi Mangione is trading below the 25-day Simple Moving ...

In a rather surprising blow to the stock, Nvidia (NVDA) has fallen due to the ongoing China investigation, with traders starting to worry. Indeed, the semiconductor company has been the subject of an antitrust probe with ongoing concerns regarding how the AI-related stock could be affected by the present political and economic landscape. On its own merits, there is no denying the potential for the chipmaker entering 2025. Specifically, the stock was among the favorites to become the first company to reach a $4 trillion market cap. Yet, the investigation was met with a stark price drop, as Wall Street appears concerned. Source: CNBC Also Read: Nvidia (NVDA) Set for Record-Breaking 2025 Amid ‘Staggering’ Demand Chian Announces Nvidia Investigation as Stock Falls Over 3% There is little argument against the reality that the AI revolution has completely changed the technology sector. With the arrival of OpenAI’s ChatGPT and its meteoric rise, the growing industry has been ...

The Floki price surged 14% in the last week and 3% in the last 24 hours to trade at $0.0002681 as of 03:19 p.m. EST on trading volume that dropped 33% to $865 million. Floki Price Aims For A Breakout FLOKI/USD chart depicts a bullish trend in the short term, with higher lows and a breakout from the consolidation range around the $0.0002226 to 0.0002401 level (highlighted in purple). The Flokiprice is now testing a key resistance zone at $0.00002681, which aligns with previous highs, according to data from GeckoTerminal . The surge from the lower boundary of the sideways pattern to test the upper boundary has pushed the price of Floki to trade above both the 50-day and 200-day Simple Moving Averages (SMAs), a support of the prolonged upward trend. The Relative Strength Index (RSI) is at 64.03, indicating bullish momentum but not yet in the overbought zone (>70). This suggests room for further upward movement before potential overextension. Meanwhile, the Moving Average Converge...

In 2024, XRP finally broke out of the prolonged price consolidation, emerging as one of the biggest winners of the ongoing cryptocurrency market rally. To put this price breakout into perspective, XRP rallied by over 300% in the past month, elevating the cryptocurrency to third place based on market capitalization, surpassing Solana (SOL) and Tether’s USDT. Overall, XRP’s price remained relatively stable throughout most of 2024, fluctuating between $0.50 and $0.60. However, in early November, the token took a new turn, and its value tripled by the end of the month to about $1.50. Picks for you Why there are no 'signs of a slowdown' for gold in 2025 2 hours ago Here’s how much your $1,200 stimulus check would be worth i...

The overall feeling in the market has been positive since the close of Uptober. This month, Bitcoin (BTC) finally rose above its all-time high and closed in on the 100K mark. Meanwhile, many investors have already made plenty of gains from the November bull run. Determining the next cryptocurrency to explode might be challenging as most funds are attracted to pumping assets. However, this article will explore the performance of cryptocurrencies with much growth potential, especially before the year runs out. The aim is to identify coins with some potential and help investors and traders make informed decisions about each token.  Next Cryptocurrency To Explode Today’s article discusses the performance of potentially explosive cryptos that investors should add to their watchlist. It also includes a special mention of the presale token, Catslap. This new memecoin introduces a Play-to-Earn (P2E) feature that brings a more potent utility edge over other meme coins. In addition...

President-elect Donald Trump recently threatened BRICS countries to impose 100% tariffs on goods entering the US if they continue with the de-dollarization agenda. The threat came even before he assumed office sending a clear message that attempts to de-dollarize will be punished with consequences. Also Read: BRICS: Global US Dollar Payments Fall Below 50% BREAKING: US President-elect Trump says BRICS countries will face 100% tariffs if they dare to create a new currency to replace "the mighty US dollar." "They will face 100% tariffs, and should expect to say goodbye to selling into the wonderful US economy." pic.twitter.com/bPnamnVzha — BRICS News (@BRICSinfo) November 30, 2024 On the heels of the threats issued by Trump, one BRICS country, which is a close ally to the US is backtracking on the de-dollarization agenda. The member nation is washing its hands from the initiative as it needs the US dollar to keep its economy afloat. Without the USD, its GDP could shr...

Haven1 secures over $4m in private round funding with backing from Animoca Brands, KuCoin Ventures, Taisu Ventures, Kronos, IBC, and more! Haven1 , the first EVM multi-app blockchain, has successfully secured $4.6 million in a private funding round with investments from Animoca Brands , KuCoin Ventures , Taisu Ventures , Kronos Research , IBC Group, among others. The funding round also drew support from high-profile angel investors from Uniswap , SNACKCLUB, and Nansen , and many more, supporting Haven1’s mission as the premier chain for DeFi 2.0 and tokenized RWAs, whilst solving some of the industry’s biggest issues by redefining inefficiencies in current blockchain infrastructure. As a permissioned yet decentralized chain, Haven1 has secured validator backing from 9 of the world’s largest and most recognized brands, including AWS , Animoca Brands , Blockdaemon, Republic Crypto , and Sygnum Bank —with more to be announced soon—all of which are comm...

Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and pro...