Bitcoin soared to a new all-time high price again on Wednesday, less than a day after it last set a new high watermark. The asset jumped to $95,000 for the first time early Wednesday, with nearly $78 billion in Bitcoin changing hands over the last 24 hours, according to CoinGecko data. The bullish price action follows after spot Bitcoin ETF…
“Post-financial crisis regulation is over,” a top U.S. lawmaker has declared, calling for urgent reforms to digital asset oversight, regulatory transparency, and leadership accountability at federal agencies. Lawmaker’s Warning Signals Major Shake-up for Financial Oversight Agencies House Financial Services Committee Chairman Patrick McHenry criticized federal regulators during a Wednesday hearing, calling for updated financial oversight […] Source: https://news.bitcoin.com/lawmaker-demands-overhaul-amid-regulatory-failures-the-era-of-post-financial-crisis-regulation-is-over/
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. Source: https://cointelegraph.com/news/bitcoin-cannot-solve-americas-debt-problem-on-its-own?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Residents can now use cryptocurrency to legally purchase real estate in South Africa in a first-of-its-kind offering. Real Estate Purchases Made Easy With Crypto Schindlers Digital Assets along with Schindlers Attorneys and Broll Auctions and Sales have developed the first legally-compliant process for crypto holders in South Africa to buy real estate with bitcoin or […] Source: https://news.bitcoin.com/schindlers-digital-assets-launches-real-estate-purchases-with-crypto-in-south-africa/
In a landmark decision highlighting the unique aspects of blockchain technology, an S.D.N.Y. Bankruptcy Judge ruled in favor of Celsius’s motion for alternative service, whereby Celsius sought to provide legal service by airdopping non-fungible tokens (NFTs) to anonymous defendants’ digital asset wallets. The following opinion editorial was written by Alex Forehand and Michael Handelsman for […] Source: https://news.bitcoin.com/a-new-frontier-court-authorizes-service-of-process-through-nft-airdrop/
According to Eric Balchunas, the launch of the Bitcoin ETF in the United States was the most successful ETF launch in history. Source: https://cointelegraph.com/news/sec-delays-franklin-templeton-crypto-index-etf-decision?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A crypto token based on a viral TikTok meme has gone parabolic, touching a $500 million market cap just days after launching. Savvy meme coin traders are raking in millions from the launch—including one who turned a $1,000 investment into over $1 million in less than a week. Just a Chill Guy (CHILLGUY) is a Solana meme coin that uses…
Nvidia Corp (NVDA) reported record-breaking third-quarter revenue and earnings for fiscal 2025, exceeding Wall Street expectations on the back of surging demand for artificial intelligence chips. Despite the strong performance, shares dipped more than 2% in after-hours trading, reflecting investor caution over valuation and tempered guidance. The chipmaker posted revenue of $35.08 billion for the quarter ended October 27, a…
According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests […] Source: https://news.bitcoin.com/onchain-analyst-binance-taps-cold-wallet-reserves-as-bitcoin-outflows-spike/
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute. Source: https://cointelegraph.com/news/shanghai-judge-crypto-legal-status?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
