Based on the most recent data using the seven-day simple moving average (SMA), bitcoin’s hashrate climbed to an unprecedented peak on Nov. 21, reaching 776 exahash per second (EH/s) for the very first time. Bitcoin’s Computational Power Hits Stratospheric Levels On Thursday, bitcoin (BTC) soared to a fresh all-time high, hitting $99,121 per coin. This […] Source: https://news.bitcoin.com/bitcoin-smashes-records-hashrate-hits-776-eh-s-as-price-soars-closer-to-100k/
Month: November 2024
Solana ETF regulatory filings flood in as Gensler sets departure date
Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US. Source: https://cointelegraph.com/news/solana-etf-issuers-file-19b-4-gary-gensler-resign-january?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Global Asset Manager Launches XRP ETP With Industry-Leading Pricing in Europe
XRP advances with a new institutional-grade exchange-traded product, offering secure, physically backed exposure as Wisdomtree expands crypto products amid growing investor interest. XRP Gains Ground: Major ETP Launched by a Top European Asset Manager Asset management firm Wisdomtree announced on Thursday the launch of its latest cryptocurrency exchange-traded product (ETP), the Wisdomtree Physical XRP (XRPW), […] Source: https://news.bitcoin.com/global-asset-manager-launches-xrp-etp-with-industry-leading-pricing-in-europe/
Trump Media hints at crypto trading, payments in TruthFi trademark filing
The new trademark filing from Trump Media and Technology Group mentions digital wallets, cryptocurrency payment processing services, and a digital asset trading platform. Source: https://cointelegraph.com/news/trump-media-hints-crypto-trading-payments-truthfi-trademark-filing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Senator Pushes Gold Sales to Kickstart Massive Bitcoin Reserves
A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed […] Source: https://news.bitcoin.com/us-senator-pushes-gold-sales-to-kickstart-massive-bitcoin-reserves/
MicroStrategy completes $3B raise to buy more Bitcoin as MSTR falls 25%
The $3 billion offering of 0% convertible senior notes is part of MicroStrategy’s plans to raise $42 billion over the next three years — primarily to buy more Bitcoin. Source: https://cointelegraph.com/news/microstrategy-completes-3-billion-raise-to-purchase-more-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Chair Gary Gensler Ends Tenure a Year Early to Avoid Trump’s Axe
Gary Gensler, Chairman of the U.S. Securities and Exchange Commission, is set to step down on January 20, 2025. Gensler Exits Before Trump Takes Office U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler will step down on Jan. 20, 2025, paving the way for President-elect Donald Trump’s nominee. Gensler’s departure ends a tenure marked […] Source: https://news.bitcoin.com/sec-chair-gary-gensler-ends-tenure-a-year-early-to-avoid-trumps-axe/
Financial Giant Charles Schwab Signals Big Moves in Crypto Trading
Charles Schwab is preparing to launch spot cryptocurrency trading as U.S. regulations evolve, with leadership signaling optimism amid a shifting regulatory and competitive landscape. Charles Schwab Eyes Major Crypto Expansion as US Regulations Evolve Rick Wurster, the incoming CEO of Charles Schwab Corp., has revealed the company’s readiness to offer spot cryptocurrency trading, pending favorable […] Source: https://news.bitcoin.com/financial-giant-charles-schwab-signals-big-moves-in-crypto-trading/
Know Your Missiles: Russia’s Experimental Hypersonic Missile is A New Kind of Killing Machine
Whether it was a long-range Intercontinental Ballistic Missile, as originally feared, or an experimental intermediate-range hypersonic missile, as now believed, Russia’s war with Ukraine took yet another step toward fears of nuclear escalation on Wednesday. The Russian missile strike on the Ukrainian city of Dnipro appeared to be in retaliation for missile attacks on Russia Tuesday after the Biden Administration…
Charles Schwab Mulls Crypto Trading, Incoming CEO ‘Feels Silly’ for Not Buying In
Charles Schwab plans to enter the spot crypto market once U.S. regulations provide clearer pathways, incoming CEO Rick Wurster said Thursday. Wurster emphasized the firm’s readiness to expand its offerings to clients once regulatory conditions improve, he said during an interview with Bloomberg Radio. “We will get into spot crypto when the regulatory environment changes,” Wurster said, who is set…