Despite the wild swings in the cryptocurrency market, the BlackRock Bitcoin ETF (IBIT) managed to attract $358 million in new investors on Monday. Even though the price of Bitcoin dropped below $94,000 yesterday, IBIT’s dominating inflows persisted. Bitcoin fell more than 5% after rejection at $100,000 levels, causing altcoins to
December 10, 2024 1 min read
Under pressure from the International Monetary Fund (IMF), El Salvador, the world’s first government to adopt Bitcoin as legal cash, is allegedly reducing its BTC aspirations. According to the Financial Times, which cited sources familiar with the situation, El Salvador is reportedly planning to amend its Bitcoin policy in exchange
December 9, 2024 2 mins read
Spacecoin is excited to announce that on December 21, 2024, it will launch CTC-0, its first satellite. The launch marks the beginning of Spacecoin’s audacious plan to establish the first decentralized space-based internet service provider (ISP) in history that can fulfill the Internet’s original promise of unrestricted, free access for anyone.
December 6, 2024 2 mins read
GAIB, a platform that is developing financial infrastructure for artificial intelligence computing, made the announcement today that it has successfully completed its pre-seed funding round of $5 million. The round was co-led by Hack Venture Capital, Faction, and Hashed, and it also included strategic investments from notable organizations such as Spartan,
December 4, 2024 3 mins read
Bangkok’s muggy air was brimming with life in November. While rumors about memecoins swept across social media like an electric undercurrent, the euphoria of Bitcoin breaking the $90,000 mark was reflected in the busy crowd at Devcon. Streets painted in the red tones of gridlock, traffic at a standstill. Exhausted yet
December 3, 2024 6 mins read
For the fourth week in a row, software firm MicroStrategy has bought Bitcoin, marking another acquisition. As a result of this change, the firm now has 402,100 BTC, or more than 1.2% of the entire supply of Bitcoin. A press statement was issued by the corporation announcing the acquisition of
December 2, 2024 1 min read
The bold statements made by Robert Kiyosaki on the US government, the Fed, and the financial market have earned him a legendary reputation. He has a lengthy history of ties to the cryptocurrency sector and has long advocated for Bitcoin as a means to escape the poverty-inducing effects of fiat
December 2, 2024 1 min read
As interest in digital collectibles continues to rise, sales of non-fungible tokens (NFTs) surged by 57.8 percent in November, continuing their monthly upward trend. An analysis by analytics firm CryptoSlam revealed on December 1st that NFTs saw a significant uptick in sales volume over October, reaching $562 million. NFT monthly
December 1, 2024 2 mins read
South Korea’s Democratic Party has agreed to postpone the implementation of the country’s cryptocurrency gains tax for another two years, reversing its previous position on the matter. Korea Democratic Party (KDP) floor leader Park Chan-dae revealed on December 1st that the KDP has agreed to a two-year suspension on the
December 1, 2024 2 mins read
In the next two to three years, according to Charles Hoskinson, founder of Cardano, decentralized finance (DeFi) inside the Bitcoin ecosystem will surpass all other cryptocurrencies. In addition to making an audacious price forecast, he showcased a novel model for bridging Bitcoin that does not rely on centralized exchanges and
November 29, 2024 1 min read