Business

Billionaire hedge fund manager Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, plans to divest several assets, including investing in bitcoin (BTC) exchange-traded funds (ETF), to avoid potential conflicts of interest with his new role. according to a report from The New York Times. On Saturday, Bessent, who once worked for billionaire liberal philanthropist […]

Pakinomist – Veteran trader Peter Brandt recently asked a key question that could shape Bitcoin’s next move. In a tweet, Brandt hinted at a potential shakeout in the market, suggesting that a final “dump,” or extended period of sideways trading, may occur before a major rally. “The big question in my mind is whether Bitcoin

Pakinomist – MicroStrategy, an enterprise software company turned leveraged proxy, has become one of the top corporate Bitcoin holders, with its holdings accounting for 2.1% of the entire Bitcoin supply. On-chain analytics platform IntoTheBlock highlighted this key fact in a recent tweet while noting a trend that has become apparent in recent weeks. IntoTheBlock posted

Pakinomist – Cardano traded at $1.0185 at 20:23 (01:23 GMT) on the Pakinomist index on Sunday, up 10.42% on the day. It was the biggest one-day percentage increase since January 3. The upward move pushed Cardano’s market cap up to $35.6246B, or 1.87% of the total cryptocurrency market cap. At its peak, Cardano’s market capitalization

Halifax, Canada, January 11, 2025, Pakinomist After a successful mainnet launch and several oversubscribed launchpad sales, Koii Network ($KOII) begins trading on Gate.io and MEXC, bringing the world’s largest supercomputer to the global market. The network reports over 100,000 active computing nodes processing approx. 185.1 terabytes of data daily, positioning Koii as a key player

Pakinomist – XRP traded at $2.5735 at 16:49 (21:49 GMT) on the Pakinomist index on Saturday, up 10.06% on the day. It was the biggest one-day percentage increase since January 1. The upward move pushed XRP’s market cap up to $147.2250B, or 4.42% of the total cryptocurrency market cap. At its peak, XRP’s market cap

Pakinomist – Over the past 24 hours, a staggering $903 million worth of BTC has been moved in various transactions, fueling speculation about the reasons behind such large transfers. Blockchain data tracker Whale Alert discovered 10 separate high-value transactions where BTC was moved between unknown wallets and major exchanges, mostly involving Kraken, but also including

Pakinomist – In a recently published tweet, Jeremie Davinci, an early adopter and cryptocurrency millionaire, has revealed the scenario how BTC can soar to around $350,000 without mentioning any specific time frames for it. Davinci named a key Bitcoin metric he used when coming up with his Bitcoin price forecast. Bitcoin can hit over 5x

Pakinomist – On January 10, 2009, history was made with the first ever Bitcoin-related tweet by early pioneer and computer scientist Hal Finney. Finney’s iconic tweet “Running Bitcoin” was highlighted by Bitcoin historian Pete Rizzo, who shared on X, “The 1st Bitcoin tweet, posted, when the price was $0, exactly 16 years ago.” Finney was

Zug, Switzerland, 11 January 2025, Pakinomist Viewers will discover how blockchain technology is enabling indie developers to innovate and overcome industry challenges “Blockchain Gaming – Indie Games On-chain”, a Web3 documentary about indie games and the ecosystem, will officially premiere on Saturday, January 11 at 09:00 ET. The film offers an in-depth look at the