Blackrock’s spot bitcoin exchange-traded fund (ETF) set a new daily trading volume record after bitcoin hit $89,000 for the first time. Bitcoin ETFs Continue to Set New Records With bitcoin hitting new all time highs on a daily basis, bitcoin ETFs have experienced the same boom with lots of new capital pouring in. The biggest […] Source: https://news.bitcoin.com/record-breaking-volume-for-blackrock-etf-as-bitcoin-keeps-hitting-new-all-time-highs/
Month: November 2024
Dogecoin Peaks at 43 Cents on Continued Election Glee
Dogecoin (DOGE) ballooned to $0.4398 on crypto exchange Binance on Tuesday, marking its highest value in over three years. The Shiba Inu-themed meme coin saw a massive 143.2% rise in the past week, significantly outpacing Bitcoin’s (BTC) 28.2% gain during the same period, as per CoinGecko data. The rally follows Donald Trump’s election win, boosting optimism for speculative assets such…
FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
PRESS RELEASE. NEW YORK, NY (November 12, 2024) – BetHog, a new cryptocurrency casino and sportsbook, announces its public launch with $6 million in seed funding led by 6MV with participation from Will Ventures, Bullpen Capital, Karatage, Advancit Capital, and several angel investors including Chris Grove, Partner Emeritus at Eilers & Krejcik, LLC and Josh […] Source: https://news.bitcoin.com/fanduel-co-founders-launch-crypto-casino-and-sportsbook-company-bethog-and-secure-6m-seed-round/
Justin Drake proposes ‘Beam Chain’ to replace Ethereum Beacon Chain
Ethereum researcher Justin Drake said that when it comes to staking, the proposal aims to change the requirements from 32 ETH to 1 ETH. Source: https://cointelegraph.com/news/ethereum-beam-chain-consensus-redesign?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Western Web3 games need to use Gacha mechanics to conquer Asian markets
The Asian gaming market is the world’s biggest. It has the most players and significant spending on consumables and represents the most lucrative opportunity for any Western game studio. Source: https://cointelegraph.com/news/western-web3-games-need-to-use-gacha-mechanics?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Wave of All-Time Highs Causes Trading Volume of Hong Kong Spot Bitcoin ETFs to Skyrocket
As bitcoin prices continue to reach new highs, the prices of related spot exchange-traded funds (ETFs) have surged significantly. According to the Hong Kong Stock Exchange, the three spot Bitcoin ETFs listed in Hong Kong recorded a trading volume of over HK$120 million last week, marking a remarkable increase of more than 55% compared to […] Source: https://news.bitcoin.com/wave-of-all-time-highs-causes-trading-volume-of-hong-kong-spot-bitcoin-etfs-to-skyrocket/
Bitcoin ETFs rope in $2.6B investments amid weekly bull run
United States investors increased exposure to Bitcoin and Ether ETFs as a strong price rally fueled unprecedented inflows. Source: https://cointelegraph.com/news/bitcoin-price-rally-spot-etfs-inflows-nov-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Decrypt, HashKey Capital Launch Layer East Media at Thailand Blockchain Week
Decrypt and HashKey Capital joined leading Asia-Pacific media platforms at Thailand Blockchain Week to formally launch Layer East Media, a strategic alliance that “represents a key step in bridging the East and West for Web3.” The eight founding members—Decrypt, HashKey Capital, Coinpost, Bitcoin Addict (Cryptomind Group), Coin68, PANews, Odaily, and Coinvestasi—signed an MOU agreeing on a “unified approach to responsible…
Bitcoin sets record in best daily gains at $8.4K, eyes $90K milestone
In comparison, Bitcoin’s second-best daily gain occurred in August 2021, when the price rose over $7,576 in 24 hours, from $38,871 to $46,448. Source: https://cointelegraph.com/news/bitcoin-sets-record-in-best-daily-gains-at-8-4k-as-btc-nears-90k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Made in USA: Mara Expands Mining Capacity, Bets Big on Bitcoin’s American Future
Mara, a publicly traded, U.S.-based mining conglomerate listed on Nasdaq, has announced a new expansion of its Bitcoin mining sites in the country. Two sites have already been acquired, and one is in development in Ohio, which will provide the company with 372 megawatts that will be fully energized by 2025. Mara Bets on U.S. […] Source: https://news.bitcoin.com/made-in-usa-mara-expands-mining-capacity-bets-big-on-bitcoins-american-future/