David Marcus, former head of Libra at Meta, described how the project ended at the hands of personalities in the high echelons of political power. He remarked that this happened even after satisfying the demands of lawmakers and regulators. David Marcus Tells How Libra Died for Purely Political Reasons David Marcus, the former head of […] Source: https://news.bitcoin.com/the-death-of-metas-libra-a-100-political-kill/
Month: December 2024
VTIS 2024: Unlocking the Gateway to Emerging Tech Markets
PRESS RELEASE. VTIS 2024, co-hosted by FPT Corporation and SSI Securities Corporation, is Vietnam’s premier tech summit. It is set to illuminate how innovations like Artificial Intelligence (AI), blockchain, big data, and virtual reality are reshaping industries-healthcare, education, retail, finance, and more. A recent Forrester report estimates the global technology market has surpassed $1 trillion, […] Source: https://news.bitcoin.com/vtis-2024-unlocking-the-gateway-to-emerging-tech-markets/
Bitcoin records 129% year-to-date gain seven months after halving
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges. Source: https://cointelegraph.com/news/bitcoin-records-129-gain-seven-months-after-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Latam Insights: Strategic Bitcoin Reserve Proposed in Brazil, Volcano-Powered Bitcoin Mining in El Salvador
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, a Strategic Bitcoin Reserve bill gets introduced in Brazil, Bukele hints at renting volcanos for bitcoin mining, and Vaneck highlights Bukele’s work in El Salvador. Brazil Introduces Bill to Establish Strategic […] Source: https://news.bitcoin.com/latam-insights-strategic-bitcoin-reserve-proposed-in-brazil-volcano-powered-bitcoin-mining-in-el-salvador/
CleanSpark Executives to Discuss Fiscal Full Year 2024 Financial Results Via Webcast
LAS VEGAS, Nov. 29, 2024 /PRNewswire/ — CleanSpark Inc. (Nasdaq: CLSK), America’s Bitcoin Miner®, will discuss its fiscal full year 2024 financial results via a live webcast beginning at 4:30 p.m. EST/ 1:30 p.m. PST on Monday, December 2, 2024. Results will be released after the close of regular trading on December 2, 2024. Webcast Information: To view the webcast,…
Most Anticipated Video Games Releasing in December 2024
Parts of the year that we used to consider dead zones for games—January and February, the doldrums of summer—are now just as likely to be hotspots, with companies releasing blockbuster games right when no one else is. December, though, marks the last few weeks before Christmas, and has now become the home of Geoff Keighley’s The Game Awards (ft. Hideo…
Mining Boom: Bitcoin Miners Rake in Highest Revenue Since April
Bitcoin miners had plenty to smile about in November, as their revenue received a significant boost thanks to a price climb, hitting levels not seen since April. Bitcoin Miners Celebrate $1.21B November Payout as Hashrate Soars Bitcoin miners saw brighter days in November, enjoying a substantial boost in earnings compared to October, thanks to a […] Source: https://news.bitcoin.com/mining-boom-bitcoin-miners-rake-in-highest-revenue-since-april/
Bitcoin smashes records with biggest-ever $26K monthly BTC price gain
Bitcoin has nailed something never seen before — $26,400 BTC price upside in a single monthly candle. Source: https://cointelegraph.com/news/bitcoin-26k-record-monthly-btc-price-gain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
From Cryptopunks to Solana Boogles: November NFT Sales Rebound With $588M in Trades
Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month. Bitcoin and Ethereum Drive November’s $588M Surge After tumbling 36% in October, NFT sales made a dazzling comeback in […] Source: https://news.bitcoin.com/from-cryptopunks-to-solana-boogles-november-nft-sales-rebound-with-588m-in-trades/
China Prepares for Western Sanctions With Russia’s Economic Blueprint
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese […] Source: https://news.bitcoin.com/china-prepares-for-western-sanctions-with-russias-economic-blueprint/