Japan’s Metaplanet has been gathering up Bitcoin for around six months and now wants to enter the crypto media space launching a local version of Bitcoin Magazine. Source: https://cointelegraph.com/news/metaplanet-wraps-bitcoin-magazine-deal-months-after-first-bitcoin-buy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: November 2024
Latam Insights Encore: El Salvador Is Uniquely Positioned to Become the Microstrategy of Nation States
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore a proposal by Max Keiser that would make El Salvador a pioneer in nation-state debt issuance to purchase bitcoin. Latam Insights Encore: El Salvador Can Follow Microstrategy’s Playbook and Be […] Source: https://news.bitcoin.com/latam-insights-encore-el-salvador-is-uniquely-positioned-to-become-the-microstrategy-of-nation-states/
New Satoshi theory suggests it’s been the ‘2010 megawhale’ all along
If Satoshi is behind the 2010 wallets, it makes sense for them to leave the 2009 wallets alone to avoid drawing attention, BTCparser said. Source: https://cointelegraph.com/news/new-satoshi-nakamoto-theory-points-to-2010-megawhale?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chill Guy Meme Coin Pumps Another 50% as Creator Fights Back
From TikTok trends to crypto wallets, the “Chill Guy” meme has become an internet phenomenon, turning a laid-back cartoon dog into the face of a million-dollar market cap crypto. Since its November 15 launch, the Chill Guy meme coin ($CHILLGUY) ballooned from a $10 million market cap to over $461 million, driven by the widespread popularity of the Chill Guy…
Salesforce CEO says LLM ‘upper limits’ reached, future of AI is agents
We’ve all “got drunk on the ChatGPT Kool-Aid” over the past few years said Salesforce CEO Marc Benioff. Source: https://cointelegraph.com/news/salesforce-ceo-says-future-is-agentic-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Push Against Elon Musk Stalls as Judge Denies Sanctions
A U.S. federal judge declined the SEC’s request to sanction Elon Musk over his absence from a court-ordered testimony related to his $44 billion acquisition of Twitter. Judge Jacqueline Scott Corley ruled sanctions unnecessary as Musk testified on Oct. 3 and reimbursed the SEC $2,923 for travel expenses. The SEC argued Musk violated a May […] Source: https://news.bitcoin.com/sec-push-against-elon-musk-stalls-as-judge-denies-sanctions/
Crypto miners in Texas’ ERCOT region are now required to report power demand
PUCT Chairman Thomas Gleeson said the new rule was designed to help manage the power grid as more mining facilities come online. Source: https://cointelegraph.com/news/bitcoin-miner-ercot-register-texas-energy-grid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
New Russian Sanctions May Spike Gas Prices in Europe, Experts Warn
U.S. sanctions on Gazprombank may disrupt payment processes for Russian oil and gas buyers, potentially increasing energy costs in Europe, according to experts cited by Tass. Analysts warn that seeking alternative payment methods, such as using other banks or currencies, could heighten risks and complexity, driving up hydrocarbon prices. Alexander Frolov from the Institute of […] Source: https://news.bitcoin.com/new-russian-sanctions-may-spike-gas-prices-in-europe-experts-warn/
Elon Musk, the world’s richest man, hits record $348B net worth
The new wealth record has been driven by a Tesla stock surge late last week and a $50 billion funding round for Musk’s AI startup. Source: https://cointelegraph.com/news/elon-musk-net-worth-hits-new-record-high-348-billion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cantor Fitzgerald Plans $2 Billion Bitcoin Lending Program via Tether: Report
U.S. financial services and bond trading firm Cantor Fitzgerald is reportedly discussing a multibillion-dollar Bitcoin-backed lending program with the help of Tether. The proposed program would allow clients to borrow dollars using Bitcoin as collateral. Initially, the operation would begin with a $2 billion allotment, though it has the potential to expand as crypto sees more adoption, according to a…