On Friday, after a tough Thursday of losses, the 12 spot bitcoin exchange-traded funds (ETFs) faced another dip. Similarly, the nine spot bitcoin ETFs didn’t fare any better, wrapping up the day in the red. Bitcoin and Ether ETFs—Fidelity, Grayscale, Valkyrie, Bitwise, Ark Invest, and Vaneck Hit With $430M Outflows On Nov. 15, U.S. spot […] Source: https://news.bitcoin.com/crypto-etfs-take-a-hit-fidelity-and-grayscale-lead-losses/
Category: News
How the US Military Says Its Billion Dollar AI Gamble Will Pay Off
War is more profitable than peace, and AI developers are eager to capitalize by offering the U.S. Department of Defense various generative AI tools for the battlefields of the future. The latest evidence of this trend came last week when Claude AI developer Anthropic announced that it was partnering with military contractor Palantir and Amazon Web Services (AWS) to provide…
Michael Saylor’s ‘No Second Best’ Holds Strong as BTC Outpaces Hypothetical ETH Investment
Based on blockchaincenter.net’s “there is no second best” index—drawing from Michael Saylor’s well-known remark—Microstrategy’s strategy of purchasing bitcoin outshines what the company would have gained if it had opted for ethereum instead. Microstrategy’s Bitcoin Holdings Deliver, Leaving Ethereum Alternatives Behind Over the past month, bitcoin has held its own, but ethereum (ETH), the second-largest cryptocurrency […] Source: https://news.bitcoin.com/michael-saylors-no-second-best-holds-strong-as-btc-outpaces-hypothetical-eth-investment/
Need Help Creating Good AI Prompts? Try Decrypt’s ‘Prompt Improver’
By now, you probably know that the advent of consumer-facing AI tools like ChatGPT, Anthropic’s Claude, and Google’s Gemini changes everything. If so, you might also know that the results you get from these tools are only as good as the “prompts” (or queries) you enter. Effective prompt engineering is way more complicated than doing a Google search. Knowing the…
Ethereum 'dying a slow death' as ETH breaks 8-year trend vs. Bitcoin
Ether could drop another 50% against Bitcoin by the end of 2024 after entering a technical breakdown setup. Source: https://cointelegraph.com/news/ethereum-dying-slow-death-eth-breaks-8-year-trend-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
It’s Morning in America for Crypto
With a decisive electoral sweep of the presidency and Congress, Trump’s second term could mark a transformative era for bitcoin, crypto, and the broader blockchain industry. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Trump’s Victory Could […] Source: https://news.bitcoin.com/its-morning-in-america-for-crypto/
Bitcoin Strategic Reserve Could Happen. Why Not Dogecoin, Says Co-Founder
Forget a Bitcoin reserve—what about a Dogecoin government stash? That’s the idea of the former-joke-now-serious-cryptocurrency’s founder, Billy Markus, who floated the idea on Twitter (aka X). “Why not national Dogecoin reserve tho [sic],” he wrote on the platform Friday. Markus was responding to a post by prediction market Kalshi about bettors seeing an increasing chance of President-elect Donald Trump creating…
Chain abstraction explained: What it is and the problems it solves
Chain abstraction simplifies user experience by enabling interaction with assets and services across multiple blockchains, hiding technical complexities. Source: https://cointelegraph.com/explained/chain-abstraction-explained-what-it-is-and-the-problems-it-solves?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin breakout or black swan? $90K BTC price lacks gold, stocks high
Bitcoin bulls have sealed BTC price all-time highs in US dollar terms but have yet to match macro asset records from 2021. Source: https://cointelegraph.com/news/bitcoin-breakout-black-swan-90k-btc-price-gold-stocks-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks
The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto firms, which are not licensed banks in Hong Kong, misrepresented themselves — one by […] Source: https://news.bitcoin.com/hong-kong-exposes-crypto-firms-misrepresenting-as-licensed-banks/