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Bitcoin
World’s Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management
ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.
‘Mysterious’ Address That Added 10K Bitcoin Is Just a New BitMEX Wallet
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant.
Paxos Secures In Principle Approvals for Stablecoin Issuance and Crypto Services in Abu Dhabi
Paxos, a provider of blockchain and tokenization infrastructure, has recently received preliminary approvals from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi. The company stated that these endorsements are crucial steps…
Hacker Seeks Civility in $47 Million Kyberswap Heist, Demands Friendly Negotiations
In the wake of Kyberswap, a decentralized exchange (dex) platform, suffering a $47 million loss due to a cyberattack, the perpetrator indicated a readiness to engage in negotiations. Yet, despite expressing an openness to resolution, the…
Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’
Economist Peter Schiff has warned that the U.S. dollar is “on the verge of a historic crash.” He stressed that there won’t be a soft landing for the U.S. economy, predicting a “crash & burn” scenario.…
Rich Dad Poor Dad Author Robert Kiyosaki Recommends Buying Bitcoin ETFs
Rich Dad Poor Dad author Robert Kiyosaki has recommended buying bitcoin exchange-traded funds (ETFs). Warning that the global economy is slowing to a possible depression and the U.S. Treasury and Federal Reserve will print trillions in…
Standard Chartered Anticipates Bitcoin Reaching $100,000 Sooner Than Expected
Standard Chartered Bank has doubled down on its bitcoin price forecast of $100,000 next year with increased optimism on the timing. “We now expect more price upside to materialize before the halving than we previously did,…
BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second
In a six-month roadmap unveiled on Nov. 29, the BNB Chain development team said it is targeting 10,000 transactions per second and fees of $0.001 on the layer two (L2) solution Opbnb. Sometime between 2024’s second and third…
Bankrupt Crypto Lender Celsius Reopens Withdrawals for Certain Custody Clients
The now-inoperative crypto lending firm Celsius has announced the opening of withdrawals for select “Eligible Custody Users,” as declared in a recent statement on Wednesday. These custody account holders now have the opportunity…
Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing…