Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served. Source: https://cointelegraph.com/news/ftx-gary-wang-cooperation-sentencing-criminal-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author: Crypto Superhero
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency. Source: https://cointelegraph.com/news/bitcoin-strategic-reserve-low-probability-under-trump-mike-novogratz?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BITCOIN HITS $91,000! – Decrypt
BITCOIN HITS $91,000! Crypto majors mixed, BTC leads at $88,000. DOGE-related memes soar after Trump appoints Elon & Vivek to the post. PNUT runs to $1.7B in the wake, #1 Pump Fun coin. PayPal integrates LayerZero tech for PYUSD transfers. McDonald’s teases collab with Doodles, NFTs rally. Source: https://decrypt.co/videos/interviews/PyrhX7Xi/bitcoin-hits-91-000
Zero Gravity Labs, 0G Foundation Garner $290 Million for AI System Development
Zero Gravity Labs (0G Labs) announced it has secured $290 million in financing to support the development of what it claims will be the world’s first decentralized artificial intelligence operating system. Decentralized AI Operating System Project 0G Gains $290 Million in New Funding Zero Gravity Labs (0G Labs), a primary developer within the 0G ecosystem, […] Source: https://news.bitcoin.com/zero-gravity-labs-0g-foundation-garner-290-million-for-ai-system-development/
Sen. Warren to be top Democrat on committee crucial for crypto policy
After Ohio Senator Sherrod Brown lost reelection, Elizabeth Warren said she would become the ranking member of the Senate Banking Committee. Source: https://cointelegraph.com/news/senator-elizabeth-warren-banking-committee-crypto-policy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe
Donald Trump’s potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers on the possibility of President-elect Donald Trump establishing a national bitcoin reserve. […] Source: https://news.bitcoin.com/will-trump-make-bitcoin-americas-reserve-currency-polymarket-bettors-say-maybe/
Bitcoin Just Hit $93,000—Here’s Why Bitwise Thinks It’s Going to $500K
Think you’re too late to Bitcoin? You’ve still got time, according to ETF manager Bitwise’s chief investment officer, who predicts sizable gains still to come. Of course, he would say that. But crypto asset manager boss Matt Hougan has laid out some interesting reasons why he thinks the average investor can still snap up “digital gold”—and that being late to…
Blackrock's BUIDL goes multichain
The tokenized money market fund will launch on nearly half a dozen new blockchain networks. Source: https://cointelegraph.com/news/blackrock-buidl-goes-multichain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Elon Musk and Dogecoin: How the Billionaire Became the ‘Dogefather’
As Dogecoin makes a comeback off the back of Bitcoin’s surge, some may be pondering: Where did the asset come from? What’s it for? And what’s Tesla CEO Elon Musk got to do with it? The original meme coin’s boom largely has the world’s richest man to thank. Musk’s obsession with shitposting helped boost the coin to a top 10…
Mixed Results as Bitcoin Hits Record Highs
The latest earnings season saw Bitcoin miners releasing mixed results amid a postelection Bitcoin rally. As Bitcoin (BTC) reached a record high of $89,995 on Monday, the cryptocurrency’s rapid ascent continued to fuel activity in the mining sector. Leading miners, including Hut 8 (NASDAQ:HUT), HIVE Digital (NASDAQ:HIVE), and MARA Holdings (NASDAQ:MARA), delivered quarterly results with varied financial outcomes. Despite Bitcoin’s…