Daily Newsletter
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Daily Newsletter
MicroStrategy Will Continue Its Purchases – Liquidation That Comes With A Decline In Bitcoin
MicroStrategy Will Continue Its Purchases MicroStrategy reported losses for the third consecutive quarter due to the depreciation of its Bitcoin holdings. The company recorded $412 million in impairment expense due...
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Daily Newsletter
Post-Election Altcoin Rally? – Tether Denies Accusations
Bitwise Official Raises Bitcoin Targets Matt Hougan, chief investment officer (CIO) at Bitwise Asset Management, said on Wednesday that if Trump wins next week's election, it could start the altcoin...
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Daily Newsletter
Bitcoin Marches to New Highs – Can Ethereum Catch Up with Bitcoin?
Record Inflows to ETFs Continue This week, when Bitcoin revisited the $73,000 level, Spot Bitcoin ETFs continued to see record-high inflows. ETFs, which have seen a total inflow of over...
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Daily Newsletter
US Recovers $20 Million in Crypto Funds – Tether Investigated for Illegal Use
US Recovers $20 Million Crypto Fund A wallet linked to the US government recovered $19.3 million in 24 hours, 88% of the $20 million stolen in a hack on October...
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Daily Newsletter
Microsoft's Bitcoin Investment Proposal to Be Voted On – South Korea Requires Cross-Border Crypto Reporting
Microsoft's Bitcoin Investment Proposal to Be Put to a Vote Microsoft has added “Considering investing in Bitcoin” as a voting issue at its December 2024 shareholder meeting. This proposal was...
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Daily Newsletter
Michael Saylor on Self-Custody – Brad Garlinghouse: Get Ready for the Crypto Reset
Self-Custody Support from Michael Saylor MicroStrategy founder Michael Saylor has expressed support for self-custody, following criticism over his previous comments supporting regulated custody methods for Bitcoin. Saylor said he supports...
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Daily Newsletter
Avalanche Unveils Crypto Visa Card – $79 Million Outflow in Spot Bitcoin ETFs
Avalanche Unveils Crypto Visa Card The Avalanche Foundation has launched the Avalanche Card, a new Visa card that allows spending with cryptocurrencies like USDC, WAVAX, and sAVAX. Available both physically...
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Daily Newsletter
CFTC Chairman Calls on Crypto and Election Betting – Bitcoin Options Traders Focus on Prices Above 80K
CFTC Chairman Behnam Calls on Crypto and Election Betting CFTC Chairman Rostin Behnam called on Congress to take action on crypto regulation and election betting at the SIFMA annual meeting....
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Daily Newsletter
ApeCoin Provides Local Yield and Gas Functionality – Stripe Makes Crypto History with $1.1 Billion Bridge Acquisition
ApeCoin Provides Local Yield and Gas Functionality with Bridges on ApeChain ApeCoin enables users to earn local yields on APE, ETH, and stablecoins by launching bridges on ApeChain, increasing liquidity...
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Daily Newsletter
Robinhood Prepares to Launch Bitcoin and Ethereum Futures – Worldcoin Rebrands as World Network
Robinhood Prepares to Launch Bitcoin and Ethereum Futures Robinhood is expanding its crypto offerings by confirming plans to launch Bitcoin and Ethereum futures. The move follows previous reports of CME-based...
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Daily Newsletter
Ethereum Staking Revenues Fall, Validators Increase – PayPal-Owned Stablecoin PYUSD Has a Hard Time on Solana
Ethereum Staking Revenues Drop, Validators Increase Ethereum’s staking revenues have fallen by 30% since their March peak, from $247 million to $174 million in September. This reflects the overall slowdown...
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Daily Newsletter
Trump Leads Harris by 16 Percent in Polymarket – Tesla Moves Remaining $770 Million Bitcoin Assets to New Addresses
Trump’s Chances of Winning the 2024 Election Are 16% Ahead of Harris’s in Polymarket Former US President Donald Trump’s odds of winning the 2024 presidential election have risen to 57.9%...
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Daily Newsletter
Tether Explores Opportunities in Commodities Trading and Traditional Finance – Bitcoin Futures Funding Rate Hits Monthly Peak
Tether Explores Opportunities in Commodity Trading and Traditional Finance Tether CEO Paolo Ardoino announced plans for the company to expand beyond just issuing stablecoins into commodity trading and traditional finance...
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Daily Newsletter
Avalanche Foundation Reclaims 2 Million AVAX Tokens from Luna Foundation Guard – Payments to Mt. Gox Creditors Delayed to 2025
Avalanche Foundation Buys Back 2 Million AVAX Tokens from Luna Foundation Guard The Avalanche Foundation has reached an agreement to repurchase approximately 2 million AVAX tokens sold to Luna Foundation...
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Daily Newsletter
Ripple Files Notice of Cross-Appeal – SEC Commissioner Mark Uyeda Discusses Crypto Policy
Ripple Files Cross-Appeal Ripple Labs has filed an appeal with the US Second Circuit Court of Appeals following the SEC’s appeal. The SEC accused Ripple of selling unregistered securities in...