MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.

The “bitcoin treasury company” has completed a $3 billion convertible senior notes offering to buy more bitcoins, according to an announcement on Thursday.

HIVE Digital orders 5,000 new Bitcoin miners from Canaan, marking its second major purchase this month.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Bitcoin exchange-traded funds now collectively manage approximately $104 billion, and are on track to surpass gold ETFs in net assets.

In Q4’23 Syncracy released a public thesis on Solana. In it we argued that SOL was severely mispriced at 13% of Ethereum’s valuation given its industry-leading scalability, unique integrated design, and growing developer traction. At the time, the case for Solana was mostly qualitative as the data confirming that thesis was still emerging. The argument essentially boiled down to Solana offering a rare opportunity to own a foundational project, at a distressed valuation, that unlocked new possibilities at a scale comparable to Bitcoin and Ethereum. In other words, while the Solana story was undeniably exciting, it was driven more by potential, than momentum.

Earlier this year, the Celestia roadmap was published. An important part of the roadmap is adding ZK verification natively to the Celestia base layer, so that rollups can directly bridge assets via Celestia. In this post, we explore how adding ZK to the base layer unlocks Lazybridging - the Celestia endgame for a frictionless modular user experience.

The Terra/LUNA of the current cycle

1.Fed Governor Bowman: Be cautious about rate cuts

1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX