Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum. Source: https://cointelegraph.com/news/bitcoin-speculators-3-7-b-exchanges-btc-price-loses-70k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions
The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach. Expediting Uptake of Digital Assets Kenya’s main securities exchange, the Nairobi Securities Exchange (NSE), has joined the Hedera Council to accelerate tokenization initiatives using the Hedera network. By joining Hedera, the Kenyan […] Source: https://news.bitcoin.com/kenyan-securities-exchange-joins-hedera-to-bolster-tokenization-ambitions/
Google Fuels Nigeria’s AI Ambitions With Million Dollar Grant
The Federal Ministry of Communications, Innovation, and Digital Economy (FMCIDE) in Nigeria has announced a $1.7 million (NGN2.8 billion) Google grant to promote artificial intelligence (AI) talent development. This will support the Ministry’s AI initiatives and align with Google.org’s $5.8 million commitment to digital skills programs across Sub-Saharan Africa. The grant will aid Data Science […] Source: https://news.bitcoin.com/google-fuels-nigerias-ai-ambitions-with-million-dollar-grant/
Apple’s AI-enhanced iPhones help tech giant’s earnings beat
Apple’s latest AI-infused iPhones have beaten analyst sales expectations for the quarter, pushing the tech player’s earnings past Wall Street estimates. Source: https://cointelegraph.com/news/apple-ai-iphone-helps-q4-earnings-beat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Uptober sees 11% Bitcoin price spike as traders ponder ‘nuclear’ rally
Bitcoin traders are feeling bullish about a potential “nuclear” rally amid rumors of over-the-counter exchanges “running short of Bitcoin.” Source: https://cointelegraph.com/news/bitcoin-uptober-gains-crypto-traders-speculate-otc-desk-supply-squeeze?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Spacecoin XYZ unveils plans for first-ever blockchain network in outer space
Spacecoin XYZ has unveiled its plan to launch a decentralized physical infrastructure network in outer space, which it believes will be the foundation for off-world data centers and the space economy. Source: https://cointelegraph.com/news/spacecoin-xyz-launches-blue-paper-decentralized-blockchain-platform-in-space?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latest ‘Satoshi’ reveal turns into a debacle: Meet Stephen Mollah
Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim was reportedly “hilarious and heart-breaking.” Source: https://cointelegraph.com/news/bizarre-event-names-stephen-mollah-satoshi-nakamoto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mt. Gox makes $35M BTC transfer to unmarked addresses
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments. Source: https://cointelegraph.com/news/mt-gox-makes-35-million-btc-transfer-unmarked-addresses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
India Reclaims 102 Tonnes of Gold From Bank of England as Global Risks Rise
The Reserve Bank of India has repatriated 102 tonnes of gold from the UK, bolstering domestic reserves as global instability fuels demand for secure assets. 102 Tonnes of Gold Returned: RBI Shifts Assets From Bank of England India’s central bank, the Reserve Bank of India (RBI), has returned 102 tonnes of gold from the Bank […] Source: https://news.bitcoin.com/india-reclaims-102-tonnes-of-gold-from-bank-of-england-as-global-risks-rise/
US Bitcoin ETFs Amass Over Half of Gold’s Holdings in First Year
U.S.-listed Bitcoin exchange-traded funds have rapidly accumulated tens of billions in assets, reaching half that held by gold ETFs in record time. Since launching in January 2024, Bitcoin ETFs have attracted substantial inflows, totaling $23.89 billion and $70 billion in total net assets, per data from SoSoValue. By comparison, total net assets for U.S.-listed gold ETFs stand at $137.3 billion,…