Unique Crypto Strategies
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Unique Crypto Strategies

Investing

Crypto Market Recap: Binance Lands Historic Investment as Bolivia Turns to Crypto

by March 12, 2025
March 12, 2025
Crypto Market Recap: Binance Lands Historic Investment as Bolivia Turns to Crypto

Here’s a quick recap of the crypto landscape for Monday (March 10) as of 9:00 p.m. UTC.

Bitcoin and Ethereum price update

Bitcoin (BTC) is currently trading at US$78,955.60, reflecting a 4.5 percent decrease over the past 24 hours. The day’s trading range has seen a high of US$82,763.28 and a low of US$77,494.60.

Ethereum (ETH) is priced at US$1,864.19, marking a decrease of 8.7 percent over the same period. The cryptocurrency reached an intraday high of US$2,113.22 and a low of US$1,829.01.

Altcoin price update

Solana (SOL) is currently valued at US$119.32, down 7.7 percent over the past 24 hours. SOL rose to a high of US$127.93 and later fell to a low of US$116.08 on Monday.

XRP is trading at US$2.07, reflecting a 4.4 percent decrease over the past 24 hours. The cryptocurrency recorded an intraday high of US$2.18 and a low of US$2.

Sui (SUI) is priced at US$2.13, down 8.9 percent over the past 24 hours. It achieved a daily high of US$2.35 and a low of US$2.07.

Cardano (ADA) is trading at US$0.6877, reflecting a 6 percent decrease over the past 24 hours. Its highest price on Monday was US$0.7319, with a low of US$0.6638.

Crypto news to know

Bitcoin sees biggest US dollar drop in a single week

Coinbase announced today (March 10) that it would begin offering 24/7 Bitcoin and Ethereum futures contracts and perpetual-style futures contracts, marking a first for both the company and the industry.

“We have been actively working with the (Commodity Futures Trading Commission), partners, and market participants to finalize the design and to ensure this product meets regulatory requirements as well as client needs,” the company said in a press release. Both are slated to launch in the coming weeks, but no launch date has been announced.

Coinbase to offer 24/7 Bitcoin and Ether futures in the US

Coinbase announced today (March 10) that it would begin offering 24/7 Bitcoin and Ethereum futures contracts and perpetual-style futures contracts, marking a first for both the company and the industry.

“We have been actively working with the (Commodity Futures Trading Commission), partners, and market participants to finalize the design and to ensure this product meets regulatory requirements as well as client needs,” the company said in a press release. Both are slated to launch in the coming weeks, but no launch date has been announced.

Michael Saylor shares his newest strategy

On March 10th, Strategy, formerly MicroStrategy, announced a new sales agreement, called the ‘ATM Program,’ to raise US$21 billion in capital by issuing and selling shares of its 8 percent Series A perpetual strike preferred stock.

The funds raised will be used for general business operations and potentially to purchase more Bitcoin. According to its filing with the US Securities and Exchange Commission, the company plans to sell these shares gradually, considering market conditions, and will use the proceeds for various corporate purposes, including Bitcoin acquisitions.

Previously, Strategy was known for directly purchasing Bitcoin with its existing capital or through debt offerings.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Chinese nationals banned from US student visas under new House GOP proposal
next post
Rio Tinto Plans US$1.8 Billion Investment in BS1 Extension, Completes Arcadium Acquisition

You may also like

Crypto Market Recap: Bitcoin Stalls, Stablecoin Bill in...

Strong continuity of high-grade gold in Sandstone drilling

CHARBONE Hydrogen Addresses Temporary Service Disruption at Legacy...

Silver47 Drills 2.48m of 14.95 g/t Gold, 249.50...

Rich Checkan: US$3,800 Gold a Minimum This Cycle,...

Completion of Gas Pipeline Integraton and the Commencement...

Exceptional silver and cobalt assays from seaweed

Murchison South Increases to 67koz Gold Across Two...

Crypto Market Review: Bitcoin on Track to Reach...

Syntheia Rings the Opening Bell on the Canadian...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump cautioned Putin he would ‘bomb the s—‘ out of Moscow if...

    • I worked for the most successful third party in decades. Elon Musk has a lot to learn from it

    • At least four killed and many ‘kidnapped’ in second Houthi attack in a week on Red Sea cargo ship

    • Universities threatened with funding cuts under proposed plan to tackle antisemitism in Australia

    • South Korea’s former President Yoon Suk Yeol back in custody over insurrection probe

    Categories

    • Business (540)
    • Investing (2,673)
    • Politics (4,270)
    • Uncategorized (1)
    • World (2,732)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: uniquecryptostrategies.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 uniquecryptostrategies.com | All Rights Reserved


    Back To Top