US and El Salvador held a high-level meeting to strengthen cooperation on Bitcoin and digital assets. They discussed ways to work together on Bitcoin innovation and develop clearer crypto regulations.
WeatherlyCalifornia has passed a bill to claim inactive cryptocurrency from exchange accounts after three years with no user activity. The assets will not be sold but held safely until owners reclaim them.
WeatherlyTrump Media is entering the Bitcoin ETF race. But can it compete with Wall Street titans like BlackRock and Fidelity?
XingChiA former Russian energy executive used stolen electricity to mine Bitcoin at home, causing losses to the power grid. Police seized his crypto and uncovered further corruption linked to his role in the energy sector.
WeatherlyVanadi, a Spanish coffee company, plans to invest $1.1 billion in Bitcoin and change its focus from coffee to digital assets. This decision follows a tough financial year, with the chairman hoping Bitcoin will help the company recover.
AnaisTrump Media has filed for a Truth Social Bitcoin ETF to be listed on NYSE Arca, partnering with Yorkville and using Crypto.com’s custodian. If approved, it would be the first politically branded Bitcoin fund and could attract strong interest from retail investors.
Jason RiggsTruth Social, linked to former US President Donald Trump, has filed with the SEC to launch a Bitcoin ETF offering regulated exposure to Bitcoin’s price. This move is part of Trump Media’s wider push into crypto, including plans for other digital assets, streaming tokens, and memecoins.
WeatherlyDubai’s VARA has signed an MoU with the Solana Foundation to advance blockchain innovation and talent development. Despite this, SOL remains over 2% down in the past 24 hours and below its January peak although it saw a slight uptick during the recent Bitcoin-led market pullback.
CatherineRussia’s largest bank, Sberbank, has launched Bitcoin-linked bonds for accredited investors, allowing exposure to Bitcoin’s price and the dollar-to-ruble exchange rate without needing crypto wallets. This move, alongside plans for Bitcoin futures and similar products, shows a cautious but growing acceptance of cryptocurrency within Russia’s regulated financial system.
WeatherlyBeijing has just unveiled a comprehensive ban that now extends beyond just trading and mining to the individual ownership of digital assets like Bitcoin according to Binance's reports.
XingChiJPMorgan analysts forecast potential outflows of over $2.7 billion from the Grayscale Bitcoin Trust (GBTC) upon its conversion to an ETF, citing traders' speculative accumulation driven by the discount to net asset value.
JasperBitcoin transaction raises eyebrows as a whale mistakenly pays an unprecedented $3.1 million fee, sparking speculation and uncertainty in the crypto community.
JasperSingapore's Monetary Authority strengthens crypto regulations to protect retail investors, introducing measures to curb speculative activities while facing concerns that such stringent oversight may impede the nation's crypto industry aspirations.
JasperBill Gates envisions a shorter 3-day workweek with AI progress, echoing industry discussions on technology's transformative impact on work structures.
Hui XinSam Bankman-Fried, ex-FTX CEO, navigates prison life by trading mackerel ('macks'), revealing adaptability and offering insights into unconventional prison commerce amid legal challenges.
Hui XinSBF now explores an unexpected economy in Brooklyn's Metropolitan Detention Center. Cooling his heels while awaiting sentencing, he delves into the world of prison economics, where mackerel replaces cigarettes as the preferred currency. SBF's unique adaptation involves trading pouches of preserved fish, known as 'macks,' for services within the confines of the detention centre.
JoyFormer Binance CEO Changpeng "CZ" Zhao faced account restrictions on social media platform X (formerly Twitter), post-resignation linked to a $4.3 billion settlement with the U.S. Department of Justice. The platform hinted at rule violations, and CZ attributed the restriction to a flawed bot detection algorithm, raising uncertainties about his future activity despite Richard Teng assuming Binance's leadership role.
JixuRaiffeisen Bank, a venerable Austrian financial institution with $215 billion in assets, is set to introduce cryptocurrency trading services for retail clients in Vienna by January 2024, in partnership with Bitpanda. The move reflects the bank's strategic foray into the crypto realm, targeting digitally savvy customers with a preference for modest investments and emphasizing the increasing adoption of cryptocurrencies in regions with clear regulatory frameworks.
JixuThe Macy's Thanksgiving Day Parade featured the Cool Cats NFT collection, with its Blue Cat Balloon symbolizing the launch of "The Milk Chug" YouTube Shorts series. Despite facing challenges and price fluctuations, the parade spotlight has revitalized the collection, now boasting a floor price of 1.05 ETH ($2,150), marking a 195% surge in trading volumes within the last 24 hours on OpenSea.
JixuThe SEC has filed a complaint against Kraken, alleging the cryptocurrency platform operated without necessary registrations, combining multiple roles without proper approval. The accusations include providing a marketplace for securities transactions, acting as an unregistered exchange, and commingling customer funds with its own. Kraken's CEO disputes the claims, sparking a broader debate on the SEC's role in regulating cryptocurrency exchanges and the industry's future.
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