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Will Ethereum (ETH) Rally Continue? CryptoQuant Reveals Expectations and Price Target!
Will Ethereum (ETH) Rally Continue? CryptoQuant Reveals Expectations and Price Target!

CryptoQuant analysts argued that ETH price could rise above $5,000 amid increasing on-chain activity and institutional demand.

Bitcoinsistemi·2024/12/12 17:11
Giant Bank Announces 2025 Expectations for Bitcoin and Altcoins! One Positive and One Negative Prediction Came!
Giant Bank Announces 2025 Expectations for Bitcoin and Altcoins! One Positive and One Negative Prediction Came!

Sygnum Bank has published a report with its 2025 predictions for Bitcoin and altcoins.

Bitcoinsistemi·2024/12/12 17:11
Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation
Polygon community weighs proposal to deploy over $1 billion in stablecoin on its bridge for yield generation

Quick Take The Polygon community is evaluating a proposal to utilize over $1 billion in stablecoin reserves held on the PoS Chain bridge to generate yield. The proposal was pitched by Web3 risk provider Allez Labs in conjunction with DeFi protocols Morpho and Yearn, aiming to gather community input. The idle reserves currently represent an opportunity cost of around $70 million annually, the proposal claimed.

The Block·2024/12/12 16:00
The Scoop: DeFi surges as the new face of crypto lending while CeFi stagnates
The Scoop: DeFi surges as the new face of crypto lending while CeFi stagnates

Quick Take At The Block’s Emergence conference, the CEOs of Abra and Arch, both active in crypto lending, shared insights into the current landscape. This column is adapted from The Scoop newsletter.

The Block·2024/12/12 16:00
Crypto Council for Innovation CEO Sheila Warren plans to step down in January
Crypto Council for Innovation CEO Sheila Warren plans to step down in January

Quick Take Sheila Warren has been leading CCI for the past three years. CCI’s Board of Directors appointed Ji Hun Kim, currently the group’s chief legal and policy officer, to become acting CEO.

The Block·2024/12/12 16:00
Flash
22:12
Michael Saylor: Strategy's STRC reaches a $24 billion annualized run rate, will buy 2 to 3 times the Bitcoin miners produce
According to Odaily, BitcoinTreasuries.NET posted on platform X that Michael Saylor from Strategy stated that the annualized operation rate of STRC has reached $24 billion, which alone is enough to buy 2 to 3 times the amount of Bitcoin mined by miners. So far this year, Strategy has purchased $11 billion worth of BTC, with the buying speed reaching twice the mining output rate.
22:11
HP's Chief Financial Officer stated that the company is still moving forward with its cost-saving goals as planned and expects to achieve approximately $1 billion in annualized total cost savings by fiscal year 2028.
This financial objective reflects the company's continuous efforts and firm commitment to enhancing operational efficiency and optimizing cost structure.
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