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Record Breaking Volume for Blackrock ETF as Bitcoin Keeps Hitting New All Time Highs
12.11.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF) set a new daily trading volume record after bitcoin hit $89,000 for the first time. Bitcoin ETFs Continue to Set New Records With bitcoin hitting new all time highs on a daily basis, bitcoin ETFs have experienced the same boom with lots...
FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
12.11.2024
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors...
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
12.11.2024
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking...
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
12.11.2024
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized...
First Dogecoin Millionaire Gets the Last Laugh: Close to $3 Million Round Trip
12.11.2024
Glauber Contessoto, the self-proclaimed first dogecoin millionaire, has recovered from DOGE’s price downfall, which reduced his $3 million fortune to $50,000 last year. The “Slumdoge Millionaire,” as he calls himself on social media, stated that he never lost faith in the meme...
Satoshi Action Fund’s Dennis Porter Heralds the Arrival of Nation-State Hyperbitcoinization
12.11.2024
Dennis Porter, the co-founder of the Satoshi Action Fund, has recently revealed that several nations have contacted him to help establish a national bitcoin reserve. He stated that hyperbitcoinization at a nation-state level is advancing “faster than expected.” Satoshi Action...
Sam Altman Shares Optimism for Cryptocurrency’s Bright Future
12.11.2024
In a recent social media post, Openai CEO Sam Altman shared his optimistic outlook for the future of cryptocurrency, expressing confidence in the industry’s potential for growth and innovation. He emphasized the remarkable progress made at the blockchain ID company he co-founded, World...
Latam Insights Encore: How Argentina and El Salvador Can Influence Trump’s Revolution
12.11.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we examine how the policies of President Javier Milei and President Nayib Bukele can guide President-Elect Trump in completing several reforms...
Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency
12.11.2024
Rumors swirl around the potential for nation states to acquire large reserves of bitcoin (BTC), sparking debates on the risks and benefits for the cryptocurrency’s future. Could Nation States Holding Bitcoin Spark Hyperbitcoinization? In recent days, rumors have emerged about nation state...
Russia’s Gold Reserves Climb to $207.7B — A Shift in Global Strategy?
12.11.2024
Russia’s central bank reported a record high of $207.7 billion in gold reserves for October. Gold’s share in Russia’s total international reserves rose from 31.5% in September to 32.9%, the highest level since November 1999, when it reached 34%. Historically, the gold proportion peaked at 56.9%...
Russia, India, Africa Advance Bold Plans to Sideline US Dollar
12.11.2024
Russia, India, and several African nations are accelerating dedollarization, embracing national currencies in trade to enhance economic independence and reduce reliance on the U.S. dollar. Global Trade Gets a Shake-Up as Powers Pivot from the US Dollar Russia, India, and numerous African nations...
Ripple, XRP Fight With SEC Nears Tipping Point as Key Changes Loom
12.11.2024
With SEC Chair Gensler possibly stepping down, Ripple’s high-stakes battle over XRP could see a swift resolution, signaling a shift in crypto regulation strategy. Gensler on the Way Out? Ripple’s Battle With SEC Over XRP Could Reach Resolution Attorney Jeremy Hogan outlined potential...
FOMO Unleashed: Expert Reveals How Far Bitcoin’s Rally Could Go
12.11.2024
Bitcoin’s new all-time high has ignited fear of missing out (FOMO) among investors, driving speculation on how high it could soar before any realities dampen the momentum. Bitcoin’s Unstoppable Climb Ignites FOMO Across Global Markets Bitcoin has reached a new all-time high, spurred...
$100K Within Reach: Bitcoin Set to Shatter More Records — ‘This Is Just the Beginning’
12.11.2024
Bitcoin is on the cusp of $100,000, driven by Trump’s pro-crypto agenda, which Devere CEO Nigel Green says could catalyze record-breaking growth and mainstream adoption for the digital asset. BTC on the Edge of $100K — A New Record-Breaking Chapter Begins Bitcoin is poised to reach...
Bitcoin Nears $90K as Frenzied Buying Pushes Market to New Heights
12.11.2024
Bitcoin reached a near-historic high on Bitstamp tonight, peaking at $89,643, as the leading cryptocurrency continues a remarkable rally that has reignited global market interest. Bitcoin Smashes $89,600 Mark The price of bitcoin (BTC) has surged over 12% against the U.S. dollar in the past...
Study: 98% of 2024 NFT Drops Are Dead; Only 0.2% Have Generated Profits for Investors
12.11.2024
A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with...
Binance Lists Two New Solana Meme Coins: The AI Prophecy and Peanut the Squirrel
12.11.2024
Binance has added two new Solana meme tokens—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) to its growing list of meme coins. Shiny New Meme Coins for Traders on Binance The bull market is here and exchange listings are coming in thick and fast. Binance latest foray into the meme coin...
JPMorgan Excited at the Possibilities for Bitcoin and Crypto After Trump Victory
11.11.2024
A market rally for crypto and stocks shows potential benefits for significant economic gains under Trump’s presidency. Pro-Crypto Policies to Deliver Huge Benefits to US Economy Markets have continued to react to Trump’s re-election with bitcoin hitting an all-time high on Tuesday....
Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency
11.11.2024
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...
FTX Wants $1.8 Billion From Binance and Changpeng Zhao
11.11.2024
A new lawsuit by the FTX estate claims Binance and its former CEO were parties to an allegedly fraudulent share repurchase transaction. FTX is Going After Its Former Investors FTX wants its money back. According to court documents released by FTX estate on Sunday, Binance, Changpeng Zhao (CZ),...