Bitwise XRP ETF Launches Amid BTC Narrative Collapse
China’s U.S. Treasury holdings rose slightly in August and September, maintaining a cautious approach amid ongoing economic concerns. #Update #Economy
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Risks Vote Splitting with Zcash
Bloomberg’s Eric Balchunas warns Zcash could split support for Bitcoin, likening it to a third-party candidate. Critics accuse Zcash advocates of hype, while Winklevoss twins launch a Zcash-focused treasury. #Update #Crypto $ZEC
Bitcoin Hashprice Hits Record Low Amid Challenges
UK authorities intensify efforts to dismantle crypto-linked money laundering networks, highlighting cash couriers as vital links. #Update #Crypto
Bitcoin Firm Considers $100M Sale After Indictment
@CryptoDispensers is exploring a $100 million sale amid CEO Firas Isa’s federal money laundering indictment involving a $10 million scheme. The company may continue independently based on buyer interest. #Update #Legal
Bitcoin Drives Unified Crypto Oversight Standards
G20 issues Leaders’ Declaration on Nov. 22, unifying global crypto oversight with stablecoin and DeFi standards. #Update #Crypto
Bitcoin Clients Reject Global Payment Underwriting
@BlackRock’s Robbie Mitchnick stated most asset managers focus on Bitcoin as a store of value, not for payments, while stablecoins are rapidly expanding in payment use cases. #Update #Crypto $BTC
Bitcoin Miner Wins $265K with Old ASIC
A lone Bitcoin miner with 6 TH/s solved a block, earning 3.146 BTC and fees totaling nearly $265K, despite having a 1 in 180 million chance of success. #Update #Crypto $BTC
Bitcoin Finance Push Amid MSCI Index Challenges
MicroStrategy’s market slide and JPMorgan’s index-risk alert increase scrutiny on MSCI’s review amid Bitcoin-backed financing expansion, bolstered by Michael Saylor’s defense. #Update #Finance @MicroStrategy
Bitcoin Clients Reject Global Payment Underwriting
@BlackRock’s Robbie Mitchnick stated clients focus on Bitcoin as “digital gold,” not daily payments, while stablecoins gain traction in payment sectors, prompting ARK Invest to adjust $BTC price predictions. #Update #Crypto $BTC
Bitcoin Targets $400K Price Surge
Bitcoin Block Channel predicts $BTC could reach $400,000, highlighting potential long-term growth. No immediate trading impact noted. #Update #Crypto $BTC
Bitcoin Selloff Deepens as OGs Exit
Bitcoin’s market may face deeper selloffs as “weak” hands are likely to dump their holdings at the first sign of trouble, according to Peter Schiff. #Update #Crypto $BTC
Bitcoin Launches 24/7 Trading for SHIB and More
@Coinbase is set to launch 24/7 futures trading for altcoins including $SHIB, $BCH, and $DOGE on Dec. 5, expanding its regulated derivatives offerings #Update #Crypto $SHIB
Bitcoin ATM Firm Eyes $100M Sale
Crypto Dispensers considers a $100M sale amid money laundering charges against CEO Firas Isa, who pleads not guilty. Bitcoin price drops to $81K, its lowest since April. #Breaking #Legal
Bitcoin Millionaire Dumps Holdings Yet Remains Bullish
Robert Kiyosaki sold $2.25M in $BTC, bought at $6K each, to fund new surgery centers and a billboard business, while remaining bullish on Bitcoin’s future. #Update #Crypto $BTC