- FDA panel recommends relaxing some peptide restrictions despite scientists’ disapproval
- Bitcoinist.App brings private mining pools to IOS
- Chadwick Boseman’s brother seeks to remove widow from managing late actor’s estate
- Concerns about AI-powered DeFi hack epidemic are exaggerated for now, but not for long
- Congressman Jim Jordan formally asks the Department of Justice to prosecute Jack Smith over his congressional testimony
- US Cryptocurrency Industry Supports 232,000 Jobs and Adds $55 Billion to the Economy: Report
- Nolan Wells’ independent autopsy results show death ‘indeterminate’
- Kevin Warsh focused on three key phrases. What do Fed watchers make of it?
Author: Vickie Helm
Bitcoin price plummeted to $92,980 in late trading on December 5th. The move follows the same day’s all-time high when the asset hit just shy of $104,000 on Coinbase. A 10% flash crash wiped out the BTC price by around $10,000 as another leveraged liquidation event occurred. BREAKING: #Bitcoin at one point fell -$8,000 in 90 minutes to a daily low of $92,000. Since then, Bitcoin has rebounded +$5,000 from its lows, but continues to trade with high volatility. pic.twitter.com/7hqeSQl1LW — Kobeissi Letter (@KobeissiLetter) December 5, 2024 BTC flash crash The return to five digits comes as mainstream media around…
Michael Saylor, co-founder and chairman of MicroStrategy, expressed his ambitious vision for Bitcoin (BTC) in a recent interview with Fox Business, predicting a significant increase in overall market value over the next 21 years. I predicted it. This forecast is consistent with MicroStrategy’s continued strategy to strengthen its Bitcoin acquisition program, which is closely tied to Bitcoin price movements and has a significant impact on the company’s stock performance. Saylor expects Bitcoin price to soar to $13 million Bitcoin’s valuation has already reached around $2 trillion, and on Thursday, the price hit a new record of $104,000. However, Thaler expects…
This opinion article does not contain political opinions regarding the recent martial law situation in South Korea. We only focus on the impact and short-term outlook on the blockchain and cryptocurrency investment market.🇰🇷 Home →Market shock: The declaration of martial law caused a massive drop in local cryptocurrency exchanges. The total sale price was approximately $33.3 billion. The price of Bitcoin fell to $62,300, and the local market briefly recorded the highest trading volume in the world.Investor outflow: Due to price instability and system crashes on domestic exchanges, Korean investors are expected to turn to overseas exchanges and DeFi platforms.Industry…
BitGo launches global platform offering trading, staking, and wallet solutions Individual users now have access to cold storage, self-custody, and seamless wallet fund transfers One Bitcoin for US registrants You can participate in the lottery to win BitGo, a prominent cryptocurrency management company, has announced a global version of its digital asset solution customized for retail investors. BitGo has been providing institutional-level services for more than a decade, and now we’re extending our services to everyday crypto enthusiasts, just as we’re a trusted partner for leading companies and exchanges. We offer advanced security measures. BitGo’s retail platform The new platform,…
Telcoin aims to become the first regulated cryptocurrency bank and stablecoin issuer. Telcoin’s digital asset custody authorization hearing is scheduled for December 5, 2024. Telcoin Bank’s license is expected to be approved in early 2025 following a public hearing. Telcoin, Inc. is scheduled to hold a pivotal hearing for its application to become the first regulated digital asset bank in the United States. This hearing, scheduled for December 5, 2024, is an important step in the company’s efforts to secure a digital asset custody charter under the Nebraska Financial Innovation Act (LB 1074, 2024). The public hearing will be held…
Unlock the White House Watch newsletter for freeA guide to what the 2024 US election means for Washington and the world.Remember when cryptocurrencies were heavily regulated, unnecessarily scrutinized by authorities, heavily regulated crypto platforms collapsed one after another, and the entire market crashed in spectacular fashion? ?Yeah, me too. After all, that didn’t happen at all, right? The last time the crypto market crashed in 2021-2022 was not because the industry was tightly controlled by regulators, but the opposite. Because of the lack of regulatory oversight in the so-called “crypto space,” the barons of cryptoland believed they had the right…
OpenAI, a leader in artificial intelligence (AI) development, has received a massive $1.5 billion investment from SoftBank, sparking renewed interest in AI-powered cryptocurrencies. Meanwhile, new players are emerging in the crypto AI space. iDEGEN is an innovative, community-driven AI project. iDEGEN promises to reinvent the way AI interacts with the cryptocurrency community through dynamic pricing and decentralized control. Softbank invests $1.5 billion in OpenAI On November 27, OpenAI announced that it had secured a huge investment of $1.5 billion from SoftBank, a major multinational investment firm. The deal was part of a tender offer in which OpenAI employees could sell…
The meme coin market is witnessing intense competition with the emergence of Rugrat (RUGRAT). This new contender is set to directly compete with established players like CHILLGUY and Peanuts the Squirrel (PNUT). As Rugrat prepares for its exchange listings and continued community expansion, it quickly gains traction among crypto fans. The Rise of Rugrat As a meme coin driven by its community, 1900 RUGRAT has already caught the eye of noteworthy investors. Its strategic plan includes listings on various exchanges, which will likely enhance its accessibility and liquidity. Additionally, 1900 RUGRAT boasts unique tokenomics, featuring a deflationary model that distinguishes…
Over the last ten years, Bitcoin has established itself as the leading digital asset, outperforming all major financial investment categories. Investors who view Bitcoin as a long-term asset often focus less on accumulating dollars and more on increasing their Bitcoin reserves. Bitcoin as a Standard In the realm of digital currencies, Bitcoin functions similarly to government bonds in traditional finance: it serves as a principal benchmark. While no investment is completely free of risk, holding Bitcoin in a self-custodial manner minimizes counterparty, dilution, and systemic risks typically associated with conventional finance. Over 9 out of the last 12 years, Bitcoin…
Bitcoin is currently experiencing obstacles as it aims for the $100,000 milestone, which could result in a period of market consolidation. This situation has reignited enthusiasm in the altcoin sector. Traders saw significant gains from altcoins in 2021 when Bitcoin temporarily slowed down, and a similar pattern might emerge in this cycle. With traders optimistic about potential price surges, we take a closer look at key altcoins that might rise if Bitcoin takes a pause. Our analysis focuses on five prominent altcoins from the 2021 bull market that exhibit promising signs of moving higher this cycle. Bitcoin’s Market Share Declines,…