Author: Bitcoin.com
On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up the day in the red. Bitcoin and Ether ETFs—Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest, and Vaneck Hit With $430M Outflows On Nov. 15, U.S. spot […] Read the full article here
Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […] Read the full article here
With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could […] Read the full article here
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong, misrepresented themselves — one by […] Read the full article here
A travel industry veteran believes blockchain technology can unify the global travel industry, standardize communication protocols and enhance transparency. Blockchain: The Missing Link Pablo Castillo, CEO and CTO of Travel4chain, argues that the global travel industry, which has remained largely unchanged for 40 years, lacks standards and a unified system. Castillo believes blockchain technology is […] Read the full article here
Russia’s issuance of digital financial assets could reach 10 trillion rubles (approximately $101.36 billion) by 2026, according to Sberbank Deputy Chairman Anatoly Popov. Speaking in Moscow, Popov noted that the current market volume for digital financial assets in Russia has already surpassed half a trillion rubles in 2024, reflecting significant growth. He projected that this […] Read the full article here
A Norwegian expert committee advising lawmakers has recommended no immediate need to adopt a central bank digital currency (CBDC). Despite the declining use of cash, which dropped to just 2% of transactions at physical points of sale during the pandemic, the committee emphasized cash’s importance for secure and inclusive payments. It advised starting work on […] Read the full article here
Hive Mining, a data center and crypto mining company, gave an update on the construction of a Paraguayan bitcoin mega mining site that will host 100MW of mining hardware. The company also revealed a purchase of nearly $20 million in mining ASICs to revamp its current equipment. Hive Doubles Down on Paraguayan Mining Bet, Announces […] Read the full article here
U.S. President-elect Donald Trump has announced that JPMorgan Chase CEO Jamie Dimon, a vocal crypto critic, will not be invited to join his administration. Trump wrote on his social media platform Truth Social on Thursday: “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the […] Read the full article here
The U.S. Attorney’s Office in Manhattan will scale back its focus on cryptocurrency crimes after securing high-profile convictions, including FTX founder Sam Bankman-Fried (SBF), according to Scott Hartman, co-chief of the securities and commodities task force at the Southern District of New York (SDNY). Hartman noted that while crypto cases will not be ignored, fewer […] Read the full article here