As of 12 p.m. Eastern on U.S. election day, bitcoin (BTC) remains steady above $70,000, currently priced at $70,283 per coin, reflecting a 3.8% increase over the past 24 hours. Despite Tuesday’s gains, bitcoin shows a 3.1% decrease across the past week. Presently, BTC trades constitute $50.19 billion out of the global trading volume, which […] Original
Bitcoin network scaling solution exSat Network has launched staking services just under two weeks after its mainnet launch. Singapore-based scaling startup exSat Network is launching staking services for Bitcoin (BTC) holders, aiming to create “new financial opportunities.” In a Nov. 5 press release shared with crypto.news, the exSat Network team stated that the new solution, accessible via the exSat bridge, offers yield potential through staking. In exchange for staked BTC, users will receive XSAT, the native token of the exSat ecosystem, which is expected to be traded on multiple exchanges…
The report said MicroStrategy is also “tied to its bitcoin holdings,” adding that there is a risk that if the company chooses to sell some of its bitcoin pile, its valuation premium could disappear. However, Michael Saylor said previously that he is not interested in selling his company’s bitcoin holding, saying, “Bitcoin is the exit strategy.” Original
On Monday, spot bitcoin exchange-traded funds (ETFs) took a substantial hit, with investors pulling out a hefty $541.07 million. Bitcoin ETF Outflows Hit $541 Million on Monday, Ethereum Funds Follow in the Red The 12 spot bitcoin ETFs faced a rough trading day, shedding a hefty $541.07 million in total outflows. Fidelity’s FBTC bore the […] Original
Sebastian Serrano, CEO of the Argentina-based cryptocurrency exchange Ripio, has predicted that bitcoin will reach $1 million by 2030, driven by the rise of U.S. public debt and the devaluation of the U.S. dollar. CEO Believes Bitcoin May Reach $1 Million by 2030 Sebastian Serrano, CEO of Ripio, one of the largest Argentina-based cryptocurrency exchanges, […] Original
PRESS RELEASE. Abu Dhabi, UAE – November 5th, 2024 – Bitcoin MENA has announced Eric Trump as a keynote speaker at its upcoming conference on December 9-10, 2024, at the world-renowned ADNEC Centre in Abu Dhabi. This announcement underscores the conference’s growing influence and highlights Abu Dhabi’s emerging role as a central hub in the […] Original
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. As we move deeper into 2024, the idea of utilizing Bitcoin (BTC) as collateral for lending is becoming increasingly common. Individuals and businesses around the globe are putting up their Bitcoin in exchange for significant liquid capital. Think about how real estate investors use mortgages. They’ve long known that borrowing against an asset they believe will appreciate is a smart move. Why sell something you think is…
“If Harris wins, the likelihood of these ETFs getting approved may decrease, potentially leading to a 15% drop in solana, while bitcoin might experience a more limited decline of around 9%,” Thielen said, adding that a Trump victory could see SOL, BTC and ether rise by around 5%. Original
A Keystone resident lost $6,000 in bitcoin in a phone scam in which a scammer claimed the victim had missed jury duty. The scammer also attempted to steal another $4,000 in bitcoin but was stopped by county deputies. The incident, which occurred Oct. 27, is the latest in a series of phone scams targeting county […] Original
Medical device maker Semler Scientific says it remains “laser focused” on acquiring and holding more Bitcoin after its crypto reserves surpassed 1,050 BTC. Healthcare manufacturer Semler Scientific now holds $1,058 Bitcoin (BTC), worth $71 million, after it purchased 47 BTC in Q3. In a Q3 financial results report, Doug Murphy-Chutorian, chief executive officer of the Santa Clara-headquartered company said Semler Scientific remains “laser focused on acquiring and holding Bitcoin, while supporting innovation and growth in our healthcare business.” “We plan to continue to purchase Bitcoin with cash from operations and…