“I Told You So”: Bukele Takes Victory Lap as El Salvador Bitcoin Stash Hits $100 Million Profit
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“I Told You So”: Bukele Takes Victory Lap as El Salvador Bitcoin Stash Hits $100 Million Profit

El Salvador has been stockpiling Bitcoin since 2021, the same year the country made the orange coin legal tender. With Bitcoin’s recent spike in value, El Salvador’s President Nayib Bukele took to Twitter to brag, as the country hit $100 million of unrealized profit. “I told you so,” Bukele said on Twitter. This comes after the President faced backlash for…

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Record Breaking Volume for Blackrock ETF as Bitcoin Keeps Hitting New All Time Highs
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Record Breaking Volume for Blackrock ETF as Bitcoin Keeps Hitting New All Time Highs

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/

Dogecoin Peaks at 43 Cents on Continued Election Glee
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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…

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FanDuel Co-founders Launch Crypto Casino and Sportsbook Company, BetHog, and Secure $6M Seed Round
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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/

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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
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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/

Decrypt, HashKey Capital Launch Layer East Media at Thailand Blockchain Week
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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…

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