Crypto News Updates

BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging Bitcoin’s security with Ethereum’s adaptable framework. This blend overcomes Bitcoin’s limitations in smart contracts and interoperability, creating a […] from Bitcoin News https://ift.tt/ucSCVnF

Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation of Election Outcome Wisesoft, a company that builds software […] from Bitcoin News https://ift.tt/dEs0UoQ

New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin ETFs have accumulated more than 1 million BTC, totaling nearly $71 billion. Since Jan. 11, […] from Bitcoin News https://ift.tt/JGMDoKm

Visa and Coinbase’s new partnership promises instant, round-the-clock funding for crypto trading, allowing U.S. and EU users real-time access to trading opportunities. Coinbase and Visa Join Forces to Break Crypto Funding Barriers Payment giant Visa has joined forces with crypto exchange Coinbase to offer real-time account funding for Coinbase users in the U.S. and EU […] from Bitcoin News https://ift.tt/5qoBOiC

Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […] from Bitcoin News https://ift.tt/xWA0r4H

In the rapidly evolving world of cryptocurrency, security and reliability are paramount. Gemini, a leading cryptocurrency exchange, offers a secure way to buy, sell, store, and convert crypto. Millions of users trust Gemini to diversify their portfolios and navigate the complexities of the digital asset landscape. With a commitment to regulatory compliance, user-friendly interfaces, and […] from Bitcoin News https://ift.tt/e3k0TgX

As bitcoin’s price nears its all-time high, the network’s hashrate is hitting impressive heights once again this year. Bitcoin’s Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC’s rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin’s network hashrate is soaring. At 11:30 a.m. Eastern Time […] from Bitcoin News https://ift.tt/BiqEf1g

Decentralized finance (defi) platform Infinex has announced the completion of a $67.7 million NFT sale, backed by leading founders, foundations, funds, and communities across the blockchain ecosystem. The fundraise positions Infinex to usher in the “post-CEX (centralized exchange) era” of the crypto industry. Infinex aims to provide a secure, non-custodial alternative to traditional centralized exchanges, […] from Bitcoin News https://ift.tt/0AauJ32

Kalshi, a CFTC-regulated prediction market, has partnered with crypto platform Zero Hash to streamline account funding using USDC. Zero Hash and Kalshi Collaborate on New Account Funding Solution Kalshi, a prediction market regulated by the Commodity Futures Trading Commission (CFTC), is collaborating with Zero Hash to offer streamlined account funding for its users. Through this […] from Bitcoin News https://ift.tt/DxtRHnL

This morning, the Royal Government of Bhutan shifted $66.55 million worth of bitcoin (BTC) to Binance, according to onchain data. $66M in Bitcoin on the Move – Bhutan’s Government’s Crypto Strategy Unfolds The BTC transfer, initiated from Bhutan’s government-linked crypto wallets, comes as the world’s most popular cryptocurrency approaches its peak valuation. Arkham Intelligence disclosed […] from Bitcoin News https://ift.tt/r9ASvwL

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 Brazil’s firm determination to push the world toward a multipolar financial system can pay off in the long term. As the next chairman of BRICS, Brazil will be responsible […] from Bitcoin News https://ift.tt/yjiJzeF

The Golden State Warriors have entered a partnership with Coinbase, designating it as the official cryptocurrency and blockchain partner of both the team and Chase Center. Golden State Warriors Partner With Coinbase for Cryptocurrency Initiatives According to the announcement, the collaboration will involve a series of promotional events and blockchain-focused fan engagement activities scheduled throughout […] from Bitcoin News https://ift.tt/NAY59u1

One month ago, ethereum liquid staking derivatives (LSD) protocols collectively held 14.08 million ETH, crossing the 14 million milestone. Since then, these protocols have scooped up an additional 60,000 ETH. Ethereum’s Liquid Staking Surge Ethereum liquid staking has skyrocketed in popularity recently, with protocols now securing 11.74% of the total 120,401,221 ETH in circulation. For […] from Bitcoin News https://ift.tt/n91fiGh

Following its much-anticipated airdrop, Grass’s GRASS token struggles to gain momentum in a challenging market debut on Oct. 28, 2024. GRASS Token Airdrop Stumbles Amid Technical Issues and Market Decline The Grass network, a decentralized layer two (L2) platform on Solana, offers users the option to share their unused internet bandwidth to support data collection […] from Bitcoin News https://ift.tt/A3sujaM

Learn about Layerzero, a genuine solution for blockchain interoperability, promising to tackle key issues of security and liquidity fragmentation. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. In this article, Blocmate’s Gaz takes a critical […] from Bitcoin News https://ift.tt/mBXERlY

This week, Cardano founder Charles Hoskinson shared that after a team of developers successfully implemented the popular video game “Doom” on Cardano’s Hydra layer two (L2) solution, programmers are now aiming to get a Nintendo emulator working on Hydra. Hydra Heads Take on Classic Games Charles Hoskinson, Cardano’s founder, recently discussed Bitcoin and BitcoinOS (BOS), […] from Bitcoin News https://ift.tt/pxdWz63

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazil declares the necessity of creating a BRICS-centric financial system, President Javier Milei axes the tax collection agency in Argentina, and crypto volumes spike in Brazil. Brazil Calls for Unified BRICS Financial System, […] from Bitcoin News https://ift.tt/LoY4SUK

Bitcoin’s recent price rally to $69,000 marked a notable shift, according to research from Glassnode and onchain analysts Ukuria OC and Cryptovizart. Bitcoin’s Rally to $69K: Glassnode’s Analysis on What’s Next for the Market The recent surge in bitcoin’s (BTC) spot price to $69,000 has brought relief to investors after months of stagnant trading, per […] from Bitcoin News https://ift.tt/iabHemW

TeraWulf stands out as a top-performing Bitcoin mining stock in 2024, up 70% YTD with 62.49% institutional ownership. Discover How Financial Health, Expansion, and Low-Cost Energy Fuel TeraWulf’s success The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and industry insights. Originally published on Oct. 10, […] from Bitcoin News https://ift.tt/iGydpvk

Discover how Bitcoin mining companies are navigating operational efficiency amid global layoff trends by examining their G&A expenses relative to revenue. Analyzing the Operational Efficiency of Mining Firms Like MARA, CLSK, RIOT, and Other Top Miners The following guest post comes from Bitcoinminingstock.io, the one-stop hub for all things bitcoin mining stocks, educational tools, and […] from Bitcoin News https://ift.tt/pClGzW0

In Angry Dynomites Lab, Regina join forces with other players to save a world of clumsy Dynos in this innovative Web3 adventure. Last week’s Quick Recap Last week we stepped into the whimsical world of My Neighbor Alice, where farming, crafting, and community-building come to life! Explore colorful islands, trade NFTs, and grow your dream […] from Bitcoin News https://ift.tt/FTVvukf

In 1965, the Grateful Dead united as a musical group that not only redefined the music industry but upended the norms, setting a fresh and uncharted course. Playing in the Band Fueled by their psychedelic explorations, the Grateful Dead ignited phenomena such as the “jam band,” Deadhead followers, bustling Shakedown Streets, and a taper community […] from Bitcoin News https://ift.tt/75qWJw1

This week, Bitdeer (Nasdaq: BTDR), a publicly listed firm in bitcoin mining and rig production, unveiled its latest product: the Sealminer A2. Bitdeer claims this machine clocks in at an impressive 226 terahash per second (TH/s) with a sleek energy efficiency of 16.5 joules per terahash (J/T). “Mass production introduction is in progress, coming soon […] from Bitcoin News https://ift.tt/T43dEwf

Bitcoin’s price danced through a roller-coaster ride on Friday, hitting an intraday high of $68,700 before plunging to a 24 hour low of $65,853. Speculation Unsettles Bitcoin Market – Are We in for More? The dip came right after the Wall Street Journal published claims that Tether was allegedly facing a probe by U.S. authorities. […] from Bitcoin News https://ift.tt/OZTMq2U

On Thursday, spot bitcoin (BTC) and ether (ETH) exchange-traded funds (ETFs) enjoyed positive inflows during the day’s trading. Crypto ETF Inflows Jump The spot crypto ETFs managed to land in positive territory on Oct. 24. Across 12 bitcoin ETFs, sosovalue.xyz data shows inflows totaled $188.11 million, with Blackrock’s IBIT taking the lead, capturing $165.54 million. […] from Bitcoin News https://ift.tt/hFicXxq

At the third annual Plan ₿ Forum in Lugano, Switzerland, a statue dedicated to Bitcoin creator Satoshi Nakamoto was unveiled as a symbolic gesture to honor decentralization and financial sovereignty. Plan ₿ Forum Unveils Nakamoto Tribute Statue The event, held by the Plan ₿ Initiative in collaboration with the city of Lugano and Tether, attracted […] from Bitcoin News https://ift.tt/D3PiJpk

The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day’s trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot bitcoin ETFs saw inflows of $192.31 […] from Bitcoin News https://ift.tt/5QoFAw7

Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale, worth $500K, in a matter of minutes. With the treasury fully loaded, Vantard has conducted spot purchases of memecoins, building its portfolio of the world’s best-performing memes, including blue chips like POPCAT and […] from Bitcoin News https://ift.tt/H6onacL

Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight months. Arkham, known for tracking high-profile movements on the blockchain, flagged the event with an alert, […] from Bitcoin News https://ift.tt/NyEP9C5

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain organizations such as Ava Labs and the Solana Foundation have reportedly been […] from Bitcoin News https://ift.tt/9WzwAXC

Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks directly through the Uniswap interface and wallet. This new feature aims to streamline cross-chain transfers, removing the need for third-party bridges. Uniswap Introduces Permissionless Bridging for Multi-Network Asset Transfers Uniswap users now have the option to bridge […] from Bitcoin News https://ift.tt/IXYJL5j

A bunch of treasure hunters, inspired by the film ‘The Goonies’, & their own quest & adventure, uncovered a blockchain treasure called KWIF, Kitten Wif Hat. What does that mean? Settle in for an exciting, still breaking story brought to you by Pedro Garcia, crypto chart analyst for DYOR Media. Crypto Treasure Hunters Uncover Hidden […] from Bitcoin News https://ift.tt/Yq3SOUb

According to Arkham Intelligence, the bitcoin transferred by Tesla last week was likely just relocated to newer wallets, but the company still holds control over the funds. Arkham revealed that the assets are now spread across seven separate wallets. Arkham Confirms Tesla’s Bitcoin Stash Remains Untouched—Spacex Holds $550M The crypto community buzzed last week when […] from Bitcoin News https://ift.tt/GBwP0ZK

Veteran investor Paul Tudor Jones shared his thoughts on CNBC this past Tuesday, confidently stating that he’s sticking with hard money like gold and bitcoin. In his view, any other option leads straight to inflation. What’s Driving Paul Tudor Jones’ Latest Push for Bitcoin, Gold and Commodities? Jones is optimistic about both gold and bitcoin, […] from Bitcoin News https://ift.tt/vBLui5X

The bitcoin mining company and vertically integrated blockchain firm DMG Blockchain Solutions has announced a partnership with Malahat Nation to develop Canada’s first Indigenous-led artificial intelligence (AI) data centers. The project, designed to utilize clean energy, is expected to expand technology infrastructure while promoting economic growth in Indigenous communities. DMG Blockchain and Malahat Nation Join […] from Bitcoin News https://ift.tt/jDhu1K9

Andrei Terentiev, CTO of Bitcoin.com, explains why Bitcoin.com has thrown its full support behind Bitcoin Cash Improvement Proposal 2021-05. CHIP-2021-05 Gains Bitcoin.com’s Support With Promise Of A New Era for Bitcoin Cash Smart Contracts Bitcoin.com endorses Bitcoin Cash Improvement Proposal (CHIP) 2021-05 VM Limits: Targeted Virtual Machine Limits. The current VM limits, while necessary for […] from Bitcoin News https://ift.tt/HqW2KXc

Rune Christensen, founder of Makerdao, has outlined a comprehensive plan for the future of the decentralized finance (defi) ecosystem, highlighting the success of the USDS stablecoin and introducing the Star Allocation System Framework. A key aspect of the plan includes a possible transition back to the Maker brand, following community feedback on recent changes. Makerdao […] from Bitcoin News https://ift.tt/fNgkhvI

Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase in the prices of this commodity with the upcoming destruction of America’s banking system, foretold by the movements of seasoned investors. […] from Bitcoin News https://ift.tt/avZqIAH

Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it holds 2,102.29 BTC, valued at $135.3 million as of Sept. 30, 2024. Ionic Digital Revives IPO Plan, Reports 2,102 […] from Bitcoin News https://ift.tt/ic2dr1N

Chris Larsen, a well-known figure in the world of American business and angel investing, is making headlines once again. This time, the co-founder of multiple Silicon Valley tech ventures, including Ripple, has pledged a whopping $10 million to support Kamala Harris’s campaign. “It’s time for the Democrats to have a new approach to tech innovation, […] from Bitcoin News https://ift.tt/k2R1yeC

Bitcoin’s network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the network. That’s an astronomical number! Over the past year, from Oct. 20, 2023, to now, the network’s computational strength has […] from Bitcoin News https://ift.tt/gM0uUsF

Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achieve a principles-based system instead of the current one managed by Western institutions. Prime Minister States Russia Will […] from Bitcoin News https://ift.tt/SjvPMnV

Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing the significance of this milestone deal. The acquisition of Bridge reflects Stripe’s growing commitment to cryptocurrency. Bridge offers software […] from Bitcoin News https://ift.tt/Vt4dmvH

Follow Regina in her journey down the rabbit hole that is My Neighbor Alice. Will she find a wonderful land, or will it be a bore? Read on to find out. Last episode’s quick recap I’m still riding the hype—Spider Tanks is an epic Web3 game! Its fast-paced, tactical gameplay, combined with unique NFT-based tanks, […] from Bitcoin News https://ift.tt/dm1jlLB

Following Friday’s spot bitcoin exchange-traded fund (ETF) activity, the numbers reveal that the 12 ETFs are on the brink of reaching the impressive milestone of 1 million bitcoins. As of this weekend, the funds are just shy of 42,000 BTC from hitting that target. Massive Bitcoin Inflows Drive ETFs Closer to 1 Million Bitcoin Milestone […] from Bitcoin News https://ift.tt/9dBOe3K

This editorial is from last week’s edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week with a comment on each story. Inflation, Memecoin drama, the SEC, and More The Fed’s easing cycle suggests Powell […] from Bitcoin News https://ift.tt/mNMwsIL

Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of strategies suited to their risk tolerance and goals. The following editorial explores seven distinct types of investment methods and […] from Bitcoin News https://ift.tt/bEgwWxp

In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concerning the hostage crisis. Following Netanyahu’s statements, former Sodastream CEO Daniel Birnbaum upped the ante by pledging a $100,000 reward for […] from Bitcoin News https://ift.tt/ioxvN4O

Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end. This piece dives into their stories and uncovers how bitcoin, introduced by Satoshi […] from Bitcoin News https://ift.tt/WDlyFdH

The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.JUP, representing staked Bitcoin that accrues yield over […] from Bitcoin News https://ift.tt/4DHRbiw