This week’s Crypto Biz explores Coinbase’s earnings, Reddit’s sale of crypto holdings and Circle’s new fee structure for institutional investors and high-volume traders. Source: https://cointelegraph.com/news/crypto-biz-crypto-industry-faces-fresh-round-layoffs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials. Source: https://cointelegraph.com/news/zk-proofs-more-affordable-legacy-id-systems-cysic-co-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Huawei integrates digital yuan into HarmonyOS NEXT for up to 1B users
No need to download or pull up an app to pay with the Chinese CBDC on Huawei phones now. Source: https://cointelegraph.com/news/huawei-harmonyos-next-digital-yuan-integration?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ignoring blockchain may cost politicians at the polls — Digital Chamber CEO
As US elections approach, crypto advocates warn that opposing blockchain could be as shortsighted as resisting the internet in the 90s, potentially costing politicians key support. Source: https://cointelegraph.com/news/ignoring-blockchain-cost-politicians-digital-chamber-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Frenchman behind Trump Polymarket pump has ‘no political agenda’ — WSJ
Polymarket data showed four accounts reportedly controlled by French national ‘Théo’ bet roughly $38 million for Donald Trump to win the US Electoral College and the popular vote. Source: https://cointelegraph.com/news/polymarket-french-whale-donald-trump-election-odds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Advisor Vivek Ramaswamy Adds Bitcoin to $1.7 Billion Asset Management Firm
Strive Asset Management, a financial services firm co-founded by former Republican presidential candidate Vivek Ramaswamy, said Friday that it’s embracing Bitcoin in Texas. Managing $1.7 billion in assets, the company said in a press release that a core part of its business moving forward will be “integrating Bitcoin into standard portfolios of everyday Americans,” as its headquarters relocates to the…
Spot Bitcoin ETFs Post Modest Gains – Which Funds Soared and Which Stumbled?
Spot bitcoin exchange-traded funds (ETFs) posted mild gains on Thursday, following a week packed with significant capital inflows. Thursday’s Crypto ETF action The 12 U.S.-based spot bitcoin ETFs collectively pulled in $32.14 million in fresh inflows during Thursday’s trading according to sosovalue.xyz stats. Leading the way, Blackrock’s IBIT saw a substantial intake with $318.8 million […] Source: https://news.bitcoin.com/spot-bitcoin-etfs-post-modest-gains-which-funds-soared-and-which-stumbled/
Battle Royale Game ‘Off the Grid’ Adds Trump and Harris Skins Ahead of Election
Buzzy battle royale game Off the Grid has added player skins inspired by Donald Trump and Kamala Harris skins, each featuring comical voice lines, in its latest “Save Democracy” content pack—just four days before the U.S. presidential election. The content pack grants buyers player skins based on the respective presidential candidates, with each face looking like a rubber Halloween mask.…
Kalshi rolls out more betting markets ahead of US elections
The US-based prediction market is vying to catch up with industry leader Polymarket. Source: https://cointelegraph.com/news/kalshi-more-betting-markets-ahead-us-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election
As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger. Ahead of the 2024 Election, Investors Favor Bonds and Bitcoin in Strategic Shift According to the CNBC report, Yuri Seliger noted a substantial […] Source: https://news.bitcoin.com/report-investors-pour-billions-into-bonds-and-bitcoin-ahead-of-election/