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Bitcoin Breaks All-Time Price Highs: Long-Term Holders Stir as Institutional Demand Surges
21.11.2024
Bitcoin (BTC) continues to smash new lifetime price highs and long-term holders are starting to awake from slumber, according to Glassnode’s recent analysis. Institutional Investors Anchor Bitcoin’s Ascent as Analysts Warn of Profit-Driven Sell-Offs Glassnode and analysts Cryptovizart...
Bitcoin ETFs Hit Historic $100 Billion Milestone in Net Asset Value
21.11.2024
Bitcoin exchange-traded funds (ETFs) reached a historic milestone, with a total net asset value of $100 billion across the 12 ETFs. Bitcoin ETFs Hit $100 Billion, Representing 5.4% of Bitcoin Market Cap Bitcoin’s rally to a record $95,000 high on Wednesday saw bitcoin ETFs also hit a historic...
Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
21.11.2024
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $98,367 per coin, just 1.66% shy of the coveted $100,000 mark. Bitcoin Approaches $100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S....
Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation
21.11.2024
PRESS RELEASE. Shemaroo Entertainment, a leader in India’s media and entertainment industry for over six decades, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. Through this alliance, PWR Chain becomes the official blockchain partner...
President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’
21.11.2024
Argentine President Javier Milei, who self-describes as anarcho-capitalist, issued recommendations to Elon Musk, head of the Department of Government Efficiency (D.O.G.E.), to develop his deregulation and state cleaning role. In Lex Fridman’s podcast, Milei urged Musk to be efficient...
Michael Saylor’s Microstrategy ‘Infinite Money Glitch’ Explained: Is It Sustainable?
21.11.2024
Michael Saylor, co-founder and Executive Chairman of Microstrategy, the company that pioneered Bitcoin reserves among institutions, seems to have found an infinite money glitch that turns debt and bitcoin into more money and bitcoin. But what’s the endgame, and is it sustainable? Michael...
Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana
21.11.2024
Justin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural...
Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
21.11.2024
Avalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications...
Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects
21.11.2024
A new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January...
Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move
21.11.2024
The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could...
Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost Innovation
21.11.2024
Deutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial services giant Deutsche Bank has joined artificial...
Binance Warns of Fake Tokens Exploiting Its Name
21.11.2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users...
India Expands Payment Ties With Regional Partners to Strengthen Cross-Border Financial Networks
21.11.2024
India’s expanding payment ties with nations like UAE and Sri Lanka highlight a push for seamless transactions, paired with cautious central bank digital currency (CBDC) advancements. India’s Growing Regional Payment Ties Signal a New Financial Era India is broadening its payment linkages with...
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
21.11.2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations. Token Fundraising Faces a Major Setback in a Shanghai Court Judgment The Shanghai High Court published details on Wechat Monday about a crypto-related...
Bitcoin Surpasses $95,000: A Milestone in Cryptocurrency Markets
21.11.2024
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing Amazon. Bitcoin Hits...
Trump’s White House Considers a Landmark Role for Crypto Policy
21.11.2024
Donald Trump’s administration is reportedly considering a “crypto czar” role to oversee crypto policy, signaling sweeping changes in U.S. cryptocurrency regulation and innovation strategy. Crypto Czar Role Looms as Trump White House Eyes Bold Policy Overhaul President-elect Donald...
Lawmaker Demands Overhaul Amid Regulatory Failures: ‘The Era of Post-Financial Crisis Regulation Is Over’
21.11.2024
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial...
Schindlers Digital Assets Launches Real Estate Purchases With Crypto in South Africa
21.11.2024
Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process...
A New Frontier: Court Authorizes Service of Process Through NFT Airdrop
20.11.2024
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset...
Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike
20.11.2024
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play:...