Ex-Treasury Secretary Lawrence Summers has slammed Donald Trump’s idea of a Bitcoin reserve but agreed with the president-elect that “crypto has been over-regulated.” Read More at https://cointelegraph.com/news/former-us-treasury-secretary-slams-national-bitcoin-reserve-crazy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
GameStop, AMC stocks surge after cryptic Roaring Kitty post
An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72% following a post from influencer Keith Gill. Read More at https://cointelegraph.com/news/gamestop-amc-stocks-surge-after-latest-cryptic-roaring-kitty-tweet?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BlackRock, MARA Holdings, whale buys nearly 10K Bitcoin as price retreated
The BlackRock-issued iShares Bitcoin Trust is now backed by more than $48.9 billion worth of Bitcoin, blockchain data shows. Read More at https://cointelegraph.com/news/blackrock-mara-holdings-buy-more-bitcoin-amid-price-drop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Investors pile a record $432M into Ether ETFs amid 9 days of inflows
Over the past two weeks, spot Ether ETFs have clocked in more than $1.3 billion in inflows as the cryptocurrency rallied close to $4,000. Read More at https://cointelegraph.com/news/ether-etfs-record-inflow-with-9-positive-days-in-a-row?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How $100K Bitcoin impacts the wealth gap in the digital age
Even above $100,000, Bitcoin offers a revolutionary platform for financial inclusion, particularly in developing regions with no banking infrastructure. Read More at https://cointelegraph.com/news/100k-bitcoin-impacts-wealth-gap-digital-age?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia to crack down on crypto ATM providers, citing money laundering risk
Australia has the third largest number of crypto ATMs in the world and regulators are worried they could be facilitating financial crime. Read More at https://cointelegraph.com/news/australian-government-agency-forms-crypto-atm-taskforce?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump names ex-PayPal COO David Sacks as ‘AI and crypto czar’
Donald Trump has appointed former PayPal operating chief David Sacks, known for co-hosting the “All In” podcast, as his top AI and crypto adviser. Read More at https://cointelegraph.com/news/trump-names-david-sacks-ai-crypto-czar?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle says USDC is first stablecoin to meet Canada’s new listing rules
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024. Read More at https://cointelegraph.com/news/circles-usdc-becomes-first-compliant-stablecoin-under-new-canada-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Financial Times issues ’apology’ to Bitcoiners after 13 years of criticism
The apology was wrapped in a “sorry, not sorry” tone as FT Alphaville’s city editor said the firm still stands by “every single one of those posts.” Read More at https://cointelegraph.com/news/financial-times-issues-weak-apology-bitcoiners?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin dips to $93K wiping out $303M longs within minutes
On Dec. 5, Bitcoin retreated further from the psychologically crucial $100,000 level, briefly dipping below $93,000 and triggering a significant amount of long position liquidations. Read More at https://cointelegraph.com/news/bitcoin-plummets-btc-price-longs-liquidated?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound