MicroStrategy’s Stock Soars 94% Amid Bitcoin Surge Surpassing $100 Billion Market Cap
MicroStrategy's stock surged 94% in 2024, driven by Bitcoin's rise above $97,000, leading to a market cap exceeding $100 billion and significant unrealized gains.
Alexander Garcia
Alexander is the news editor at SuchCrypto, known for his sharp analysis and comprehensive coverage of the rapidly evolving cryptocurrency industry. With a background in journalism and a keen interest in blockchain technology, Alexander bridges the gap between complex technical concepts and accessible reporting. He specializes in breaking news, market trends, and the latest developments in decentralized finance (DeFi). Outside of work, Alexander enjoys exploring emerging tech innovations and mentoring young journalists in the field of financial reporting.
SuiHub Launches Global Accelerator to Drive Innovation in MENA Blockchain Startups
SuiHub's Global Accelerator Program offers $200,000 in funding for MENA startups, providing mentorship and resources to projects utilizing the Sui blockchain. Applications close December 20th.
Informal Systems Proposes Revolutionary Peer-to-Peer Clearing System for Cryptocurrency Transactions
Cycles, a peer-to-peer clearing system proposed by Cosmos co-founder Ethan Buchman, aims to facilitate direct debt settlement using atomic multilateral settlement, enhancing liquidity for users.
Five Indicted in $11 Million Cryptocurrency Hacking Operation Across Multiple Countries
Five individuals were indicted for a hacking scheme that stole $11 million in cryptocurrency, targeting 45 companies through phishing and SIM swapping techniques.
Nvidia’s Revenue Surges as CEO Highlights Commitment to Autonomous AI Leadership
Nvidia reported third-quarter revenue of $35.1 billion, a 94% increase year-over-year, driven by its leadership in autonomous AI technologies and data center operations.
Bitwise Launches Delaware Trust for Proposed Solana ETF Amid Regulatory Hopes
Bitwise Asset Management establishes a Delaware trust for its Solana ETF, aiming to secure SEC approval and reflecting Solana's price dynamics, the fourth-largest cryptocurrency.
