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Price targets to watch as bitcoin struggles to hit $100K
Price targets to watch as bitcoin struggles to hit $100K

Ledn’s John Glover gives some price targets to watch for bitcoin

Blockworks·2024/11/27 16:55
Celsius to distribute $127 million to creditors in second bankruptcy payout
Celsius to distribute $127 million to creditors in second bankruptcy payout

Quick Take The second payout, made in cash or crypto, will distribute roughly 60% of the creditors’ petition date claims. Celsius filed for bankruptcy in 2022 after its $1.2 billion balance sheet gap was revealed. Its CEO, Alex Mashinsky, faces fraud charges and a potential prison sentence of over 100 years.

The Block·2024/11/27 16:00
Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event'
Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event'

Quick Take Hyperliquid plans to launch its native token, HYPE, during a genesis event scheduled for 07:30 UTC on Nov. 29.

The Block·2024/11/27 16:00
Players are trying to convince this AI to hand over her $40,000 crypto stash
Players are trying to convince this AI to hand over her $40,000 crypto stash

Quick Take An AI agent called Freysa supposedly has access to $40,000 of crypto funds. The idea of her game is that anyone can send a message to her — and if they can convince her to do so, she might send them all the money. But the game is quite expensive to play.

The Block·2024/11/27 16:00
As bitcoin treasury adoption grows, analysts say smaller-cap companies would be better served to follow MicroStrategy's lead
As bitcoin treasury adoption grows, analysts say smaller-cap companies would be better served to follow MicroStrategy's lead

Quick Take Tech giant Microsoft placed an “assessment in investing in bitcoin” as a shareholder voting item on the agenda for its annual meeting.

The Block·2024/11/27 16:00
Flash
21:01
On Thursday (May 28) at the close of trading in New York, spot gold rose by 0.95% to $4,496.21 per ounce, trading within the intraday range of $4,366.74 to $4,516.60. During 11:00-21:00 Beijing time, the price moved narrowly at low levels.
Spot silver rose by 1.37% to $75.6572 per ounce. COMEX copper futures rose by 1.25% to $6.4195 per pound. Spot platinum fell by 0.27%, and spot palladium fell by 1.14%.
20:45
According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Woodward has signed a revolving credit agreement.
The agreement provides the company with up to $1 billion in financing flexibility and extends the termination date of the agreement to May 28, 2031. This move significantly enhances the company's financial buffer and capital security for long-term operations.
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