Crypto Founder Launches Billion-Dollar Empire at 9
@GoQuant, founded by Denis Dariotis, now handles over $1B in daily trading volume after securing $7M in funding; it recently launched GoDark and GoCredit platforms. #Update #Crypto
Bitcoin Miners Surge as AI Investment Booms
Publicly traded bitcoin miners rally, with all top ten by market cap in green over the past week. #Update #Crypto $BTC
Bitcoin ETF: Senator McCormick’s $150K Investment
Senator Dave McCormick purchased up to $150,000 in the Bitwise Bitcoin ETF, highlighting political interest in crypto policy. #Update #Crypto #BitcoinETF
Bitcoin Rally to $500K Predicted by Hayes
Arthur Hayes predicts $BTC could reach $500,000 by the end of next year due to Fed quantitative easing, with Kevin Hassett likely becoming the next Fed chair. #Update #Crypto $BTC
SEC Champions Crypto Self-Custody Rights
SEC Commissioner Hester Peirce asserts self-custody of crypto is a fundamental right, emphasizing financial privacy as essential. Meanwhile, Bitcoin self-custody declines as ETFs gain popularity. #Update #Crypto $BTC
Crypto Payments Firm Launches USDT Visa Card
@Truther is set to launch a non-custodial USDT Visa card in El Salvador, featuring a 2% fee on currency conversions and no IOF tax for Brazilian users. #Update #Crypto $USDT
Bitcoin: UK Launches Crypto Reporting Rules
The UK confirms new crypto reporting rules effective January 1, 2025, requiring exchanges to collect customer data, potentially raising $417M in taxes by 2030. #Update #Legal
Bitcoin NPRL Neutral Market Equilibrium Impact
Bitcoin’s NPRL returns to neutral, indicating market equilibrium. As $BTC stabilizes, analysts suggest potential price shifts. #Update #Crypto $BTC
Ethereum Solana Survive L1s Crash to Zero
Arthur Hayes predicts most layer 1 blockchain tokens will fail except $ETH and $SOL, citing inflated valuations and lack of long-term viability. #Update #Crypto $ETH
Central Bank Approves Cryptocurrency Asset Status
The People’s Bank of China (PBC) has reaffirmed its ban on cryptocurrencies and stablecoins, clarifying that virtual currencies cannot be used as legal tender or for market activities. #Update #Crypto
Crypto Insider Trading Hits Traditional Finance
Crypto’s insider trading issue is expanding to digital asset treasuries (DATs), with investors exploiting early knowledge of corporate purchases, affecting price dynamics in illiquid markets. #Update #Crypto $BTC $ETH $SOL
SUI Surges Into High-Risk Zone
SUI tests critical support at $1.41, facing potential reversal or further decline into Wave 5. Resistance between $1.68-$2.21 is key for direction. #Update #Crypto $SUI
Bitcoin Whale Flips $91M Short to Long
A prominent BTC whale closed a $91M short position at a $1.6M loss, switching to a 3x long position with liquidation near $59,112, indicating bullish sentiment. #Update #Crypto $BTC
Monad Tokensale Raises $269M in Funding
$MON token sale raised $269M during the week of November 22-29, leading 27 projects to secure $495M in total investments; @AmberGroup emerged as a key investor. #Update #Crypto $BTC