Hellish US Debt Scenario Could Propel Bitcoin to $1 Million by 2030

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, …

Investor Anthony Pompliano Calls Bitcoin ‘Gold With Wings,’ Says BTC the Savings Account of the New Generation

Longtime crypto bull Anthony Pompliano believes that the flagship digital asset Bitcoin (BTC) is gold on steroids. In a new interview on Fox Business, the founder of venture capital firm Pomp Investments says that the debasement of the US dollar is bullish for both Bitcoin and gold, but the flagship crypto asset could outperform the …

Bitfinex Breach Launderer Heather Morgan Says She Was ‘In Complete Shock’ When Husband Told Her About Hack

Heather Morgan says she was “in complete shock” when she discovered her husband, Ilya Lichtenstein, had hacked the crypto exchange Bitfinex back in 2016. In 2022, Lichtenstein and Morgan – known as the “crypto couple” – were arrested for conspiring to launder $4.5 billion worth of stolen crypto assets from the Bitfinex hack. They pled …

Risk-To-Reward on Ethereum Looking ‘Too Good To Pass Up’ According to Crypto Analyst – Here’s Why

A popular on-chain strategist says Ethereum (ETH) is showing a great risk-reward ratio setup. Analyst Ali Martinez tells his 76,900 followers on the social media platform X that ETH appears to be forming a bullish ascending channel on the weekly timeframe. “The risk-to-reward ratio on Ethereum is too good to pass up for a long …

Microsoft Will Face Bitcoin Investment Proposal In December

Microsoft will soon vote on a proposal that asks it to assess whether it should invest in Bitcoin (BTC), according to an Oct. 24 filing with the SEC. The tech giant acknowledged that one of its shareholders, the National Center for Public Policy Research (NCPPR), plans to submit the proposal for voting during the Microsoft …

Michigan State Pension Fund Allocates $10M to Ethereum Trust Holdings

TLDR Michigan State Pension Fund invested $10M in Grayscale’s Ethereum Trust (ETHE), now holding more ETH than BTC Investment includes additional $1.1M in Ethereum Mini Trust, making it first US state pension fund in ETH ETFs The fund previously invested $6.6M in ARK 21Shares Bitcoin ETF in July Digital asset investment products saw $2.2B weekly …

Bitcoin Policy Institute releases paper on Bitcoin as a strategic reserve asset

US markets, Bitcoin poised for rally regardless of elections outcome Election 2024 10 hours ago Fundstrat’s Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin’s resilience and potential growth to $200,000 by 2025 amid fiscal challenges. Go to Source

Eric Trump to Speak at Bitcoin MENA in Abu Dhabi

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 …

Bitcoin ETFs see $540 million outflow amid increased US Election volatility

Major asset management firms reported significant outflows in Bitcoin ETFs following over $3 billion in inflows since Oct. 23. On Nov. 1, BlackRock’s IBIT showed no change, while Grayscale’s GBTC decreased by $5.5 million. By Nov. 4, BlackRock’s IBIT registered an inflow of $38.4 million, whereas Grayscale’s GBTC saw an outflow of $63.7 million. Companies …

Mt. Gox moves $2 billion in Bitcoin, sparking speculation of additional repayments

Mt. Gox, the defunct crypto exchange, has transferred more than $2 billion worth of Bitcoin into two newly created wallets, according to data from Arkham Intelligence. Data from the blockchain analytics platform shows that Mt. Gox executed this transaction on Nov. 4 at 23:38 UTC. Most of these funds, totaling 30,371 BTC, were directed to …

Bitcoin mining difficulty reach all-time high on US election day

Bitcoin mining difficulty has reached a historic peak, surpassing 100 trillion on the same day as the US elections, signaling an intense landscape for miners. On Nov. 5, Bitcoin’s mining difficulty jumped 6.24%, reaching 101.65 trillion at block height 868,896, setting a new all-time record. This marks the 23rd difficulty adjustment of 2024, with 14 …

Bahrain-Backed Bank Launches Digital Asset Custody Service

Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets Bahrain-backed Singapore Gulf Bank has launched digital asset custody and intuitive trading solutions services. The bank is also set to …

Kraken Completes 2024 Proof of Reserves, Verifying Over $21.5 Billion in Client Assets

Kraken has announced the completion of its 2024 Proof of Reserves, an independent verification process conducted by a third-party accountant. This procedure allows clients to confirm that their account balances are fully backed by onchain assets. The latest attestation, which became available on November 1, 2024, covers a total value of over $21.5 billion in …

Alibaba’s Metaverse Unit Layoffs Dozens as Interest Wanes

Alibaba has laid off employees at its metaverse unit, Yuanjing, reflecting a broader industry trend of waning interest in metaverse projects by large Chinese corporations. Despite Layoffs, Alibaba Remains Committed to the Metaverse Chinese tech giant Alibaba has reportedly laid off dozens of employees at its metaverse unit, Yuanjing, as part of a restructuring exercise. …

Bitget Launches Female-Centric Pitching Competition During DevCon 24′ With Access up to $100K Funding Opportunities

PRESS RELEASE. Victoria, Seychelles, 4th November 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has launched “Pitch n Slay,” a special initiative under its Blockchain4Her program organized to provide exposure for female entrepreneurs in the blockchain space. Building on Bitget’s larger $10 million Blockchain4Her project, the program extends targeted support to promising women-led …

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