Japan’s publicly-listed early-stage investment firm Metaplanet Inc. announced its inclusion in the CoinShares Blockchain Global Equity Index (BLOCK Index), a globally recognized benchmark tracking the top public companies in blockchain and crypto. The inclusion in the CoinShares BLOCK Index marks Metaplanet’s debut in a high-profile blockchain equity index, the company’s CEO, Simon Gerovich, announced Monday. Aligning with its stated mission…
The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Source: https://cointelegraph.com/news/us-bitcoin-etf-outflows-second-highest-amid-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The U.S. dollar has been wielded as a “weapon of oppression,” a Russian official argues, accelerating its decline as the world’s reserve currency as BRICS nations pursue currency alternatives. The US Dollar’s New Fate: Lavrov Claims the End of an Era Has Begun Russian Foreign Minister Sergey Lavrov said Monday that the West has degraded […] Source: https://news.bitcoin.com/us-dollars-death-warrant-brics-power-play-revealed-by-russian-officials/
A U.S. dollar collapse would trigger catastrophic global upheaval, warns Dmitry Medvedev, describing a looming “explosion” with grave consequences for the entire world economy. Medvedev Warns of Grave Global Havoc if US Dollar Bubble Bursts Dmitry Medvedev, Deputy Chairman of the Russian Security Council, has cautioned that the “dollar bubble” could eventually rupture, potentially triggering […] Source: https://news.bitcoin.com/dangerous-explosion-looms-medvedev-warns-of-us-dollars-inevitable-collapse/
The State of Michigan Retirement System, overseeing $13.6 billion in pension fund assets, has begun diversifying its crypto holdings following its foray into the asset class earlier this year. In a 13-F disclosure filed Monday with the Securities and Exchange Commission, the state fund revealed it has picked up $10 million worth of shares from Grayscale’s Ethereum Trust (ETHE). What’s…
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks. Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations Matthew Sigel, head of digital assets research at asset management firm Vaneck, analyzed bitcoin’s recent rise in an interview […] Source: https://news.bitcoin.com/3m-bitcoin-forecast-vanecks-model-sees-central-bank-btc-adoption/
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. Source: https://cointelegraph.com/news/robinhood-kraken-paxos-launch-global-dollar-stablecoin-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November. Source: https://cointelegraph.com/news/semler-laser-focused-buying-bitcoin-increases-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s rise appears unstoppable, with Bernstein projecting a $200,000 target for 2025, undeterred by potential market volatility from the upcoming U.S. election. Bernstein’s $200K Bitcoin Target Faces a Trump-Harris Showdown Analysts at Bernstein, a major global research and investment management firm, have reiterated their long-term forecast for bitcoin, projecting a price of $200,000 by late […] Source: https://news.bitcoin.com/analysts-double-down-on-200k-bitcoin-amid-trump-harris-election-clash/
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October. Source: https://cointelegraph.com/news/marathonriot-highest-monthly-bitcoin-production-since-the-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
