Rumble, a streaming platform that competes directly with YouTube, announced the approval of a strategic bitcoin (BTC) reserve, which involves allocating part of the company’s excess cash reserves to BTC purchases. This platform, known for allowing greater freedom regarding censorship, considers bitcoin to be “a valuable tool for strategic planning and is designed to accelerate … Read more
Inflation has once again taken center stage in the U.S. economy, reviving concerns about its impact on financial markets. In a context of extremely lax economic conditions, eyes are on how this phenomenon could redefine investment strategies and the role of assets like bitcoin (BTC). According to “The Kobeissi Letter”, a bulletin which offers analysis … Read more
The S21 and T21 model miners, which are among the newest, are retained. Some miners have been detained for more than two months and the situation is throughout the country. The United States Customs and Border Protection (CBP) is reportedly holding up certain imports of Antminer series ASIC devices manufactured by the Chinese company Bitmain … Read more
In October, Ethereum saw revenue of around $100 million, down 33%. Profits come from transaction fees and staking rewards, among others. Ethereum (ETH) network profits skyrocketed during November 2024 to levels only seen in April of this year. That is, November is the most profitable month for the network co-founded by Vitalik Buterin in the … Read more
This company has more than $100 billion in assets under management. Canary Capital, Bitwise and another company have applied to launch their own XRP ETF. The asset management firm WisdomTree joined this Monday, November 25, the list of companies seeking authorization to create and trade an exchange-traded fund (ETF) based on XRP, Ripple’s cryptocurrency. The … Read more
ZA Bank, Hong Kong’s largest digital bank, has taken a step into cryptocurrency trading through a partnership with exchange HashKey, with the aim of offering access to digital assets to retail users. According to the entity’s representatives, this makes them “the first bank in Asia to offer this service.” The news was shared on the … Read more
1,000 tons of gold were found, increasing the global supply of the yellow metal, The discovery highlights the importance of bitcoin as a secure store of value. China has discovered a huge gold deposit with reserves estimated at more than 1,000 tons, as reported by the Geological Bureau of Hunan province, in the center of … Read more
Michael Saylor, co-founder and current president of MicroStrategy (MSTR), revealed this Saturday, November 23, that in the last two weeks his company generated $5.4 billion in profits from its investments in bitcoin (BTC) and the public listing of its shares in the stock markets. This is equivalent, according to the executive himself, to about 500 … Read more
Financing could start with $2 billion. Howard Lutnick, Trump’s proposed secretary, is CEO of Cantor Fitzgerald. US President-elect Donald Trump’s transition team has begun strategic talks with Tether, the company behind the world’s largest stablecoin USDT, seeking to deepen financial ties and foster a cryptocurrency-friendly ecosystem. Transition team co-chair and Commerce Secretary-designate Howard Lutnick has … Read more
The crypto asset industry hits the table with a detailed plan to boost bitcoin (BTC) and cryptocurrencies in the first 100 days of US President-elect Donald Trump in office. The Blockchain Association, representative of almost 100 organizations linked to digital assetssent a letter to the president-elect and the new Congress. He detailed document a five-point … Read more