Want a sign that crypto mania has taken over? Just look at the amount of money flowing into digital asset funds. A Monday report from European asset manager CoinShares said that assets under management for crypto investment vehicles are now at a new all-time high of $138 billion. The new peak mark comes after investors threw $2.2 billion at such…
Author: Crypto Superhero
Bakkt shares surge 162% after report suggests Trump Media is buying it
Shares in crypto exchange Bakkt jumped on Nov. 18 after a report that Donald Trump’s company is in advanced stages of a deal to buy the struggling business. Source: https://cointelegraph.com/news/crypto-firm-bakkt-shares-surge-report-trump-media?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year
Michael Saylor’s poll ignites excitement as 85.6% of voters predict bitcoin smashing $100K by year’s end, fueled by record highs and massive Microstrategy buys. Bitcoin $100K Target Backed by Majority in Michael Saylor’s Poll Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor sparked debate over Bitcoin’s future with a poll on the social media platform X. […] Source: https://news.bitcoin.com/michael-saylors-poll-most-believe-bitcoin-will-hit-100k-by-new-year/
Genius Group kicks off Bitcoin treasury play with $10M in BTC
Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Source: https://cointelegraph.com/news/genius-group-stocks-up-treasury-with-110-bitcoin-for-10-million?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BIT Mining to pay $10M fine for bribing Japanese politicians in former life
BIT Mining, previously known as online sports casino 500.com, made around $2.5 million worth of bribes to Japanese officials between 2017 and 2019. Source: https://cointelegraph.com/news/bit-mining-10-million-fine-bribing-japanese-officials?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase CEO Advocates Ending Individual Income Tax Entirely, Shifting Burden to Businesses
Coinbase CEO Brian Armstrong wants to scrap income taxes entirely, dumping the 150,000-page tax code and shifting the chaos to businesses. Coinbase’s CEO Challenges America’s Tax Code Chaos With Controversial Idea Brian Armstrong, CEO of cryptocurrency exchange Coinbase (Nasdaq: COIN), has proposed a sweeping change to the U.S. tax system, calling for the elimination of […] Source: https://news.bitcoin.com/coinbase-ceo-advocates-ending-individual-income-tax-entirely-shifting-burden-to-businesses/
Trump’s Pro-Crypto Picks, Here’s Who’s Holding Bitcoin
President-elect Donald Trump’s incoming administration includes a mix of GOP politicians, lawyers, and business leaders. Notably, several of his picks share one thing: they have either held crypto directly or indirectly and are bullish on the asset class. From the next national security advisor to the soon-to-be national intelligence director, several members of the incoming commander-in-chief’s cabinet and wider circle…
BC.GAME Celebrates Third Consecutive Win at the SiGMA Global Gaming Awards With 2024 Best Crypto Casino Title
PRESS RELEASE. November 18, 2024 – BC.GAME has been named “Best Crypto Casino” at the 2024 SiGMA Global Gaming Awards, marking its third consecutive win at SiGMA events. This latest recognition follows BC.GAME’s 2022 and 2023 awards for “Crypto Casino of the Year” and “Best Casino Operator,” highlighting its continued leadership in the crypto gaming […] Source: https://news.bitcoin.com/bc-game-celebrates-third-consecutive-win-at-the-sigma-global-gaming-awards-with-2024-best-crypto-casino-title/
Magic Eden Traders Set to Receive $312 Million Worth of ME Tokens in Airdrop
The ME Foundation announced details Monday for the upcoming ME token airdrop, which will reward users of Magic Eden’s Bitcoin exchange and cross-chain NFT platform. At launch the community is set to collectively receive 12.5% of the total ME supply of 1 billion Solana-based tokens, or 125 million tokens—currently estimated to be worth $312 million based on the current pre-market…
Latam Insights Encore: Milei’s Call for Crypto Independence Highlights the Problems of State Adoption
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 examine Argentine President Javier Milei’s recent statements about maintaining a separation between crypto and the state and how this reveals a pivotal problem with the expected rise of nation-state crypto adoption. […] Source: https://news.bitcoin.com/latam-insights-encore-mileis-call-for-crypto-independence-highlights-the-problems-of-state-adoption/