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
Month: November 2024
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,…
CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID
CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee. Source: https://cointelegraph.com/news/clean-spark-targets-400mw-bitcoin-capacity-after-acquiring-griid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase sees largest single-day decline in 2 years amid stock market wipeout
Coinbase’s share price experienced its largest daily drop in over two years amid a broader stock market decline, yet traders remain bullish on the firm’s earnings prospects for 2025. Source: https://cointelegraph.com/news/coinbase-largest-single-day-decline-coin-share-price-stock-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound