The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. Read More at https://cointelegraph.com/news/us-bitcoin-etf-outflows-second-highest-amid-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: November 2024
Robinhood, Kraken, Paxos launch Global Dollar stablecoin network
A swathe of major firms from traditional finance have partnered to launch the Global Dollar Network, a regulation-compliant network designed to accelerate the adoption of stablecoins. Read More at https://cointelegraph.com/news/robinhood-kraken-paxos-launch-global-dollar-stablecoin-network?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO
Medical device firm Semler Scientific has spent $71 million to buy 1,058 Bitcoin, adding another 181 Bitcoin to stash over Q3 and into the start of November. Read More at https://cointelegraph.com/news/semler-laser-focused-buying-bitcoin-increases-holdings?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Marathon, Riot record highest monthly BTC production since April halving
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October. Read More at https://cointelegraph.com/news/marathonriot-highest-monthly-bitcoin-production-since-the-halving?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR
Microsoft has a “fiduciary duty” to do what is in the financial interests of shareholders and knocking back Bitcoin could go against those interests, a policy research center executive explained. Read More at https://cointelegraph.com/news/microsoft-could-face-shareholder-suit-bitcoin-proposal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
These crypto ETFs are 'call options' on the US elections
The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs. Read More at https://cointelegraph.com/news/these-crypto-etfs-call-options-us-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Curve Finance, TON drive DeFi evolution with partnerships
2025 will be TON’s year of DeFi, and it has partnered with Curve Finance to support a competition to find early leaders. Read More at https://cointelegraph.com/news/ton-curve-finance-defi-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK-based pension scheme makes 3% Bitcoin allocation
Cartwright reported that an “unnamed scheme” based in the UK had made a 3% allocation of Bitcoin into its pension fund. Read More at https://cointelegraph.com/news/uk-pension-scheme-bitcoin-investment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
3 reasons why Bitcoin price bottom could have been $67.3K
Data suggests traders are ignoring the current Bitcoin price correction and betting for new highs after the US elections wrap up. Read More at https://cointelegraph.com/news/3-reasons-why-bitcoin-price-bottom-could-have-been-67-3-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Musk could be charged after lawyer says $1M winners ‘not chosen by chance’
The winners were hand-picked based on their personal stories, according to the lawyer. Read More at https://cointelegraph.com/news/musk-charged-lawyer-1-million-winners-not-chosen-chance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound