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November 25, 2024
CoinShares data showed that spot Bitcoin ETFs recorded $3.12 billion in inflows from Nov. 18–22.  United States-based spot Bitcoin exchange-traded funds (ETFs) have reached a record high in weekly inflows, signaling continued investor enthusiasm amid Bitcoin’s parabolic rally. Spot Bitcoin (BTC) ETFs saw net inflows of $3.38 billion for the week of Nov. 18–22, according...
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Bitcoin market participants’ view diverge wildly over the significance of the $100,000 BTC price milestone this week. Bitcoin (BTC) seals another record weekly close as a fresh BTC price dip survives just hours before being bought up. After a brief last-minute dip into the weekly close, BTC price action ended strong and at the time...
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Pudgy Penguins’ safety project manager said that a Pump.fun user was threatening viewers they would commit suicide if their token didn’t pump.  Pump.fun, a decentralized platform for creating Solana-based memecoins, is under fire after users allegedly broadcast harmful and violent acts through its livestream feature. Pump.fun is a decentralized platform that allows users to create...
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Singapore Gulf Bank looks to sell equity stake to fund product expansion and a 2025 stablecoin payments acquisition. The crypto-friendly digital bank Singapore Gulf Bank is reportedly looking for a fund injection of at least $50 million as it plans to acquire a stablecoin payments company in 2025. On Nov. 25, Bloomberg reported that Singapore...
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James Howells’ $716 million Bitcoin fortune in a landfill has sparked legal battles, and his ex-partner now claims she followed his instructions to discard the hard drive. The saga of James Howells and his $716 million (569 million British pounds) Bitcoin fortune, lost in a Welsh landfill nearly a decade ago, has taken a new...
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Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.  Sky Mavis, the developer behind Web3 game Axie Infinity and the Ronin blockchain, announced it is laying off 21% of its workforce as part of a strategic realignment. Sky...
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Retail users in Hong Kong can now buy Ether and Bitcoin through Hong Kong’s largest virtual bank. They need an account and to undergo a risk assessment.  Hong Kong’s largest virtual bank, ZA Bank, launched a new service allowing retail users to buy and sell Bitcoin and Ethereum directly using fiat. According to a Nov....
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If Satoshi is behind the 2010 wallets, it makes sense to leave the 2009 wallets alone to avoid drawing attention, BTCparser said. Researchers have pitched a new theory about Satoshi Nakamoto — that the Bitcoin creator never went dormant and has been strategically cashing out from early Bitcoin wallets since 2019. In a Nov. 19...
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Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine. Tokyo-based investment firm Metaplanet Inc. has finalized a deal to license a Japan-based franchise of crypto news media outlet Bitcoin Magazine just six months after purchasing Bitcoin for...
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PUCT Chairman Thomas Gleeson said the new rule was designed to help manage the power grid as more mining facilities come online. Texas’ utility regulator has passed a rule requiring Bitcoin miners using the grid maintained by the Energy Reliability Council of Texas (ERCOT) to register and share key details about their facilities. Under the...
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