Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit
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Bitcoin Skyrockets to Historic $77K – BTC Short Sellers Take a $24M Hit

At precisely 2:30 p.m. ET on Friday, bitcoin reached a fresh all-time high on Bitstamp, hitting $77,112 per coin. This latest peak redefined bitcoin’s USD value once again. Trading in the mid-$76,500 range, bitcoin gained about 1% over the past 24 hours. Over the week, BTC has climbed 10.7%, showing a 14.8% rise over the […] Source: https://news.bitcoin.com/bitcoin-skyrockets-to-historic-77k-btc-short-sellers-take-a-24m-hit/

'Nifty Island' Ends Play-to-Airdrop Push—Here's When to Expect the ISLAND Token
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‘Nifty Island’ Ends Play-to-Airdrop Push—Here’s When to Expect the ISLAND Token

Roblox-style metaverse game Nifty Island concluded its play-to-airdrop campaign last week. Over the nine-month push, the game attracted more than 140,000 unique active wallets—but now it’s preparing for the ISLAND token launch and airdrop. Nifty Island entered open beta at the start of the year as a voxel-style sandbox title, letting players create and share their own game worlds (called…

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Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation
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Zimbabwe Imposes $50-$2,500 Licensing Fee on Whatsapp Admins to Curb Misinformation

Zimbabwe’s government has introduced a licensing requirement for Whatsapp group administrators to curb misinformation and enhance accountability on social media platforms. The licensing fee ranges from $50 to $2,500, depending on the type of Whatsapp group. Administrators must provide personal information to obtain a license from the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ). […] Source: https://news.bitcoin.com/zimbabwe-imposes-50-2500-licensing-fee-on-whatsapp-admins-to-curb-misinformation/

Bitcoin ETFs Now Hold Over a Million BTC as Dominant BlackRock Hits New Peak
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BlackRock’s Bitcoin ETF Is Now Bigger Than Its Gold Fund

BlackRock, the world’s largest asset manager, now handles more Bitcoin than gold for its flagship iShares exchange-traded funds (ETFs). To put it more precisely: The Wall Street giant’s iShares Bitcoin Trust ETF (IBIT) has now surpassed its iShares Gold ETF (IAU) in terms of net assets—a remarkable feat given the fact that the former product has only existed since January.…

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Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold
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Bitcoin’s Path to the Top: What It Will Take to Dethrone Silver, Apple, Nvidia, and Gold

At press time, with bitcoin floating comfortably above $76,000, the flagship cryptocurrency holds its ground as the ninth largest asset worldwide by market capitalization. Bitcoin Overtakes Meta, Sets Sights on Silver in the Global Asset Race On Fri., Nov. 8, 2024, bitcoin (BTC) officially takes its place as the ninth largest asset globally, overtaking Meta’s […] Source: https://news.bitcoin.com/bitcoins-path-to-the-top-what-it-will-take-to-dethrone-silver-apple-nvidia-and-gold/