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Israeli Pension Firm Generates Huge Profit from $100 Million Investment in Bitcoin

Israeli Pension Firm Generates Huge Profit from $100 Million Investment in Bitcoin

Altshuler Shaham, the biggest pension company in Israel, has announced that it invested $100 million in Bitcoin at the end of December last year- With Bitcoin's appreciation, the investment has grown and become $200 million.

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Bitcoin’s Market Cap is Likely to Eclipse Gold, BTC Price Valuation at $146,000 is Conservative, says Pompliano

Anthony Pompliano, the founder of Morgan Creek Digital said that JP Morgan’s valuation of Bitcoin at $146,000 is still conservative.

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

Public Companies Now Hold Almost $7 Billion Worth Of Bitcoin

At the time of writing, there is almost $7 billion of Bitcoin currently held by 13 publicly listed companies, notably MicroStrategy, Square, Galaxy Digital and Grayscale.

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

DeFi Reaches Record High of $13.7 Billion in Total Value Locked

The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).

Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM

Grayscale Bitcoin Trust Purchases another 10,000 BTC, Surpassing $22 Billion in AUM

Grayscale Bitcoin Trust has gone from $3 billion in assets under management (AUM) to around $22.9 billion now.

Etherscan Made 100% Inaccessible by China's Great Firewall

Etherscan Made 100% Inaccessible by China's Great Firewall

Etherscan.io, one of the most widely used Ethereum block explorers, was found to be inaccessible from IP addresses inside of mainland China. According to the tests performed locally, the country’s Great Firewall, which is used by the government to regulate citizens’ access to foreign internet sites has blocked the Ethereum blockchain data site.

Bitcoin Options Worth $1.3 Billion Expire

Bitcoin Options Worth $1.3 Billion Expire

The largest lot of Bitcoin options until the year's end expired on Nov 27. The number stood at 78,000 Bitcoin (BTC) with a notional value of $1.3 billion.

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit Now Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round just weeks after its subreddit r/WallStreetBets took on Wall Street.

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Crypto Debit Card Issuer Wirecard Missing Over $2 Billion in Cash as Auditor Raises Questions

Wirecard announced that it is missing $2.1 billion after auditors Ernst & Young raised questions.

MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment

MicroStrategy CEO Michael Saylor Says Apple Could Gain $100 Billion More with Bitcoin Investment

Bitcoin bulls make the case for why Apple will benefit from a Bitcoin investment and an integration of the digital asset on its platforms.

Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion

Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion

Ethereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Chainalysis Valued at Over $1 Billion after Raising $100 Million to Expand Regulatory Platform As Crypto Market Surges

Blockchain analytics firm, Chainalysis, announced yesterday that it has secured a $100 million Series C financing bringing the company’s valuation to over $1 billion.

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