Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund. United Kingdom-based pension specialist Cartwright reported that an “unnamed scheme” had made a 3% allocation of Bitcoin into its pension fund. According to a Nov. 4 notice, Cartwright reported that “after a rigorous training...Continue Reading
The winners were hand-picked based on their personal stories, according to the lawyer. A lawyer representing Elon Musk and the America PAC political action committee told a Pennsylvania judge on Nov. 4 that the recipients of his clients’ daily $1 million “giveaway” were hand-picked based on their personal stories. This testimony, given by Chris Gober,...Continue Reading
Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up. Bitcoin (BTC) fell 6.7% between Oct. 31 and Nov. 4, breaking below the $67,500 mark for the first time in eight days. This decline led to the liquidation of over $190 million in leveraged...Continue Reading
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity. Internet Computer’s cross-chain messaging protocol, Chain Fusion, has seen usage spike 1,230% year-over-year, largely from Bitcoin-native applications, according to a Nov. 4 report by developer The Dfinity Foundation. Bitcoin apps, including Rainbow Protocol, Tap Protocol and Bitfinity, are using Internet Computer...Continue Reading
The Blockchain Association and Coinbase spotlight SEC and FDIC actions, revealing significant financial burdens on crypto firms. The Blockchain Association (BA), a cryptocurrency and blockchain advocacy group, said that the United States Securities and Exchange Commission (SEC) has cost companies more than $425 million in digital asset litigation. In an Oct. 31 update to the...Continue Reading
Some Bitcoin analysts see the BTC price heading above $80,000 immediately if Donald Trump beats Kamala Harris. Bitcoin (BTC) is struggling for direction a day before the United States presidential election, with polls depicting a tight race between Former President Donald Trump and Vice President Kamala Harris. Here’s what analysts are predicting for Bitcoin as...Continue Reading
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved. United States regulators are reviewing a request to list the first exchange-traded fund (ETF) to holding a diverse basket of cryptocurrencies, including several altcoins, asset manager Grayscale said on Nov. 4. On Oct. 29,...Continue Reading
Bitcoin struggles to reclaim $70,000 ahead of the US election, but analysts agree that volatility will be present before and after the election result is announced. Bitcoin’s (BTC) price witnessed a sharp 8% correction between Oct. 29 and Nov. 3 and briefly dropped to $67,446 over the weekend. While the higher time frame (HTF) market...Continue Reading
EigenLayer kicked off programmatic EIGEN token incentives for restakers in October. EigenLayer, Ethereum’s largest restaking platform, is adding more restaking options, including wrapped Bitcoin (BTC) yield and payouts from node operator P2P.org, according to separate announcements on Nov. 4. ARPA Network, a protocol built on EigenLayer, will start paying rewards to depositors of uniBTC, a...Continue Reading
The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials. The Monetary Authority of Singapore (MAS) has announced a multipronged effort to advance the commercialization of asset tokenization. To achieve its goals, the MAS has drawn from various projects and produced new frameworks to...Continue Reading
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