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Russian State Duma Deputy Proposes Strategic Bitcoin Reserve

The document would see Russia create a bitcoin reserve similar to its traditional currency reserves.

Published on: December 09, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Maverick Protocol aims to bring โ€˜MemeFiโ€™ to Base

A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Reimagined Enron teases world-changing summit with enigmatic new leader

The rebranded Enron Corporation revealed Connor Gaydos as its new CEO and announced a January summit where it plans to release a transformative new technology that will โ€œtruly change the world forever.โ€ The firm made the revelations in a promotional video released on Dec. 9 featuringGaydos, who is widely recognized for his involvement in the [โ€ฆ] The post Reimagined Enron teases world-changing summit with enigmatic new...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

Floki, Mastercard launch 13-crypto debit card in Europe

Floki is one of a growing number of crypto firms issuing their own regional payment cards that let users spend cryptocurrencies.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Jupiter to airdrop $860 million in JUP tokens to loyal community voters

Decentralized exchange aggregator Jupiterโ€™s governance has approved a proposal to airdrop $860 million worth of JUP tokens to community voters called Jupuary. The proposal, spearheaded by Jupiter founder Meow, aims at incentivizing long-term participation. It lays out a detailed roadmap for the airdrop, emphasizing unity within the community. Meow highlighted the importance of collective decision-making. [โ€ฆ] The post...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

Ethereum falls to $3.8K, but are ETH traders turning bearish?

ETH price lost the $4,000 level as Bitcoin and altcoins corrected. Is this a standard correction or is something else at play?

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Elon Musk: IRS relies on old computers, โ€˜canโ€™t pass basic auditsโ€™

The unofficial US head of government efficiency has declared himself a volunteer IT consultant for the Trump administration.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

DeFi TVL nears 2021 highs on liquid restaking, Bitcoin L2s

Total value locked on decentralized finance protocols is up nearly 150% so far this year.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Dogecoin, XRP and Solana Slide as Bitcoin Price Falls Below $97K

Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Bitmain launches US production line to outmaneuver geopolitical trade tensions

Bitcoin mining hardware giant Bitmain announced the launch of a new US-based production line, a strategic move aimed at mitigating delays caused by customs holds and navigating escalating trade tensions. In a Dec. 9 statement, Bitmain highlighted the benefits of local production, stating: โ€œThis strategic move aims to provide faster response times and more efficient [โ€ฆ] The post Bitmain launches US production line to...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

Amazon Urged to Buy Bitcoin as Microsoft Shareholders Consider BTC Proposal

The National Center for Public Policy has recommended Amazon convert at least 5% of its assets into Bitcoin, right as Microsoft considers its own BTC move.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Jetking Infotrain becomes Indiaโ€™s first public company to hold Bitcoin as treasury reserve

Jetking Infotrain became Indiaโ€™s first publicly traded company to adopt Bitcoin (BTC) as a reserve asset for its treasury after purchasing 12 BTC on Dec. 9, according to the firmโ€™s CEO Avinash Bharwani. The companyโ€™s Bitcoin reserve is worth roughly $1.2 million, at $97,986.35 per BTC as of press time. According to Google Finance data, [โ€ฆ] The post Jetking Infotrain becomes Indiaโ€™s first public company to hold Bitcoin...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

Solana DeFi Exchange Jupiter Gets OK for Airdrops After First $1.7 Billion Vote Failed

Jupiter token holders approved a pair of airdrops via a revised proposal, not long after rejecting a plan to hand out $1.7 billion in JUP.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Changpeng Zhao says itโ€™s โ€˜inevitableโ€™ for China to build a BTC reserve

The former Binance CEO said that the Chinese governmentโ€™s lack of transparency overall made it difficult to predict any crypto policies.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Trump follows through on crypto promise, SEC pushes back against Binance: Law Decoded

Donald Trump has nominated Paul Atkins, a pro-crypto former SEC commissioner, to replace Gary Gensler as SEC chair.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Layer 0: Solving Bitcoinโ€™s interoperability challenges

Solving Bitcoin interoperability through a โ€œlayer 0โ€ network can unlock its full potential in Web3.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Baby Doge and Neiro Meme Coins Surge as Bitcoin DOG Token Hits All-Time High

Bitcoin Runes token DOGโ€ขGOโ€ขTOโ€ขTHEโ€ขMOON popped to a new peak price Sunday, while Dogecoin-like coins on Ethereum and BNB Chain are up Monday.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

World ID trolls Spotify with โ€˜Unwrappedโ€™ privacy meme

Worldโ€™s seemingly playful jab at Spotify comes as the firm faces scrutiny.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

MicroStrategy now controls over 2% of Bitcoin supply after latest $2.1 billion purchase

MicroStrategy significantly expanded its Bitcoin (BTC) holdings for the fifth consecutive week. On Dec. 9, the firm revealed that it acquired an additional 21,550 Bitcoin during the week ending Dec. 8 for $2.1 billion at an average purchase price of $98,783 per token. According to the US Securities and Exchange Commission (SEC) filing, the acquisition [โ€ฆ] The post MicroStrategy now controls over 2% of Bitcoin supply...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

Price analysis 12/9: SPX, DXY, BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX

Bitcoinโ€™s failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

El Salvador to Weaken Bitcoin Law to Help Secure IMF Funding: Report

El Salvador will soon reach a deal with the International Monetary Fund, per a reportโ€”but only by softening its Bitcoin law.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

What is Quantum Computing? A Beginner's Guide to the Computer of the Future

Quantum computing is touted as the next giant leap forward for computingโ€”but it could also be crypto's undoing. Find out how it works.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Wabisabi Deanonymization Vulnerability "Disclosed"

A major vulnerability in Wabisabi has been publicly revealed that would allow a malicious coordinator server to deanonymize users.

Published on: December 09, 2024 | Source: Bitcoin Magazine favicon Bitcoin Magazine

Bitcoin Miner Riot Platforms Is Raising $500 Million to Buy More BTC

Riot aims to add more Bitcoin to its stash, which already ranks third-largest among publicly traded companies.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Riot Platforms raising $500M to buy Bitcoin amid price surge

If it follows through with its proposal, Riot Platforms will join many of its colleagues in paying top prices for BTC.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Drive-and-Earn Platform Dimo Swaps Ethereum Networks, From Polygon to Base

Smart car project Dimo is migrating to Coinbaseโ€™s Base to open the door to potentially valuable partnerships and collaborations.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Mark Yusko predicts crypto bear market to hit in mid-2025

Morgan Creek Capital CEO Mark Yusko shares his 2025 crypto predictions, including Bitcoinโ€™s growth potential and outlook on altcoins, in an exclusive Cointelegraph interview.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Ripple CEO criticizes 60 Minutes for not including info on XRP ruling

The Dec. 8 segment on the news program featuring Brad Garlinghouse did not mention that a federal judge ruled XRP was not a security in specific cases.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

XRP has 'most powerful chart in crypto' after breaking a 7-year price trend

XRPโ€™s "bullish pennant" could send it to $3.80 before the end of the year.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine

Crypto investment products achieved a historic milestone last week, recording a staggering $3.85 billion in weekly inflows, according to CoinSharesโ€™ latest report on digital asset flows. These inflows pushed year-to-date (YTD) totals to $41 billion, with assets under management (AuM) climbing to $165 billion. The figures have outpaced the previous record set in 2021, which [โ€ฆ] The post Weekly crypto inflow hits record...

Published on: December 09, 2024 | Source: CryptoSlate favicon CryptoSlate

5 reasons crypto dino coins like XRP, Tron and ADA are going parabolic

A swathe of older altcoins colloquially known as โ€œdino coinsโ€ have rallied while many of the newer tokens have stalled; analysts explain some of the reasons why.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

Bitcoin, gold and silver are in a strong bull market: Veteran trader explains why

1971 Capital chief investment officer Brian Russ says Ethereum is undervalued and that Bitcoin, gold and silver are in a long bull market.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph

MicroStrategy Adds Billions More in Bitcoin in Fifth-Straight Weekly Buy

Michael Saylor's software firm now has $42 billion worth of Bitcoin after adding 21,550 BTC in MicroStrategy's fifth consecutive weekly buy.

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Ambire Launches First Onchain Game for Smart Wallets

Sofia, Bulgaria, 9th December 2024, GamingWire

Published on: December 09, 2024 | Source: Decrypt favicon Decrypt

Why crypto needs to fix its โ€˜dangerously lowโ€™ knowledge gap

A more "financially literate" user base could reduce cryptocurrenciesโ€™ wild market swings, some say.

Published on: December 09, 2024 | Source: Cointelegraph favicon Cointelegraph