Magic Eden Traders Set to Receive $312 Million Worth of ME Tokens in Airdrop
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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…

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Latam Insights Encore: Milei’s Call for Crypto Independence Highlights the Problems of State Adoption
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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/

Bitcoin Funds Drop $319 Million as Investors Line Up to Short
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Options on BlackRock’s Bitcoin ETF Will Launch Tuesday

Options trading on BlackRock’s spot Bitcoin ETF will begin Tuesday, a Nasdaq spokesperson confirmed to Decrypt, ushering in a new form of leveraged Bitcoin exposure on Wall Street. The Options Clearing Corporation (OCC) updated a document on its website Monday for new options listings, with the equity derivatives clearing organization signaling that the iShares Bitcoin Trust ETF (IBIT)—a $43 billion…

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Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases
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Microstrategy to Raise $1.75 Billion for More Bitcoin Purchases

Microstrategy Incorporated has unveiled a bold plan to raise $1.75 billion through a private offering of convertible senior notes, doubling down on its commitment to bitcoin investments. Business Intelligence Firm Seeks $1.75 Billion in Private Offering to Continue Bitcoin Strategy The business intelligence firm, Microstrategy (Nasdaq: MSTR), publicly listed and based in Virginia, is set […] Source: https://news.bitcoin.com/microstrategy-to-raise-1-75-billion-for-more-bitcoin-purchases/

Crypto Gaming Has Conquered the Philippines—Here’s Why
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BTC Highest ever Weekly Close, Nvidia Results this week, BONK hits $5B, Solana in full send!

BTC Highest ever Weekly Close, Nvidia Results this week, BONK hits $5B, Solana in full send! BTC ETFs: -$370mn, ETH ETFs: -$60mn. BTC has highest weekly close ever. Crypto total market cap hits ATH. XRP breaks $1.3 on hope for regulatory shift. Gensler likely to resign after Thanksgiving. SOL hits $250 as memecoin frenzy continues. BTC ETFs saw $1.7bn inflows…

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You Think You Had a Bad Day? Brazilian YouTube Star's Bitcoin Nightmare Led to Hospitalization
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You Think You Had a Bad Day? Brazilian YouTube Star’s Bitcoin Nightmare Led to Hospitalization

One of the world’s most popular pianists on YouTube has apparently been hospitalized after losing access to a Bitcoin stash worth over 2 million reais (over $366,000). The story has been big news in Brazil, where the classical pianist, a Brazilian known as Lord Vinheteiro (his real name is Fabrício André Bernard Di Paolo), has over 7 million YouTube subscribers.…

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Quantoz Payments to Launch US Dollar and Euro Stablecoins
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Quantoz Payments to Launch US Dollar and Euro Stablecoins

The launch of USDQ and EURQ marks a significant step for Quantoz, as it positions to capitalize on the growing demand for stablecoins. New Stablecoins in Circulation Netherlands-based technology firm, Quantoz Payments announced on Monday that it will begin issuing USDQ and EURQ, two stablecoins designed to be MiCA compliant. The Markets in Crypto-Assets Regulation […] Source: https://news.bitcoin.com/quantoz-payments-to-launch-us-dollar-and-euro-stablecoins/