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Bitcoin price surpasses 1kg of gold as value climbs to record levels
Bitcoin price surpasses 1kg of gold as value climbs to record levels

Share link:In this post: One Bitcoin is now more valuable than 1kg of gold as BTC breaches $89k. Analysts believe Bitcoin is just getting started and is still due for more value rallies. The Bitcoin industrial complex recorded $38 billion in daily trading volume, with BTC ETFs and MSTR and COIN stocks attracting record market interest.

Cryptopolitan·2024/11/12 16:33
Ripple, Cardano Mega Partnership in the Making? Community Speculates
Ripple, Cardano Mega Partnership in the Making? Community Speculates

“I’m excited to see how the future unfolds,” Hoskinson stated.

Cryptopotato·2024/11/12 16:00
Trump’s D.O.G.E. Promises to Slash Bureaucracy: Here’s What You Need to Know
Trump’s D.O.G.E. Promises to Slash Bureaucracy: Here’s What You Need to Know

President-elect Trump calls the new Department of Government Efficiency (D.O.G.E.) “The Manhattan Project” of our time.

Cryptopotato·2024/11/12 16:00
'It’s still early': Bitwise CIO makes the case for a $500,000 bitcoin price
'It’s still early': Bitwise CIO makes the case for a $500,000 bitcoin price

Quick Take Until bitcoin hits the $500,000 level, “it’s still early,” according to Bitwise CIO Matt Hougan — marking the point at which the cryptocurrency “matures.” Amid a series of new all-time highs for bitcoin following Donald Trump’s election victory, “$100,000 feels like it could be right around the corner,” he said.

The Block·2024/11/12 16:00
BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon
BlackRock's tokenized fund BUIDL expanding to Aptos, Arbitrum, Avalanche, Optimism and Polygon

Quick Take BlackRock’s BUIDL fund, tokenized by Securitize, is expanding from Ethereum to the Aptos, Arbitrum, Avalanche, Optimism and Polygon blockchains. BUIDL currently leads the tokenized government securities niche with $517 million in assets under management — equivalent to a market share of roughly 22%.

The Block·2024/11/12 16:00
Flash
22:17
Analysis: Trump’s personal interests in the crypto industry may jeopardize the passage of the FIT21 bill
Jinse Finance reported that on May 31, Trump’s election as president in 2024 and his embrace of cryptocurrencies are widely considered a major victory for the digital asset industry. However, Trump’s personal interests in this field have sparked some turbulence. As Congress accelerates the advancement of the Clarity Act, legislation aimed at establishing rules for digital assets and potentially triggering a wave of institutional investment, Trump’s ever-expanding cryptocurrency empire is providing critics with new reasons to oppose the bill. Ahead of the fall midterm elections, this issue has become increasingly contentious. Currently, the Clarity Act is awaiting a full Senate vote. Lawmakers are still debating whether to include ethical clauses that would restrict elected officials from participating in digital asset investment, with Trump’s significant interests in cryptocurrencies becoming one of the flashpoints of this debate.
21:57
ClearBank Launches Digital Asset Channel
On May 31, ClearBank Europe announced the launch of its digital asset track, a new feature that enables programmable liquidity and allows for 24/7 fiat payments in euros via SEPA Instant for cross-border settlements. This service is available to regulated entities, including Electronic Money Institutions (EMIs), Payment Institutions (PIs), and banks. Companies regulated by the Dutch Financial Authority (MiCA) with non-retail purposes can also transfer funds through the digital asset channel.
21:36
Meta Establishes New Enterprise Solutions Division
On May 31, according to The Information, Meta is establishing a new enterprise solutions division aimed at deploying engineers and product managers to enterprise client teams. This move is part of Meta's efforts to demonstrate to investors the rationale behind its substantial investments in artificial intelligence infrastructure.
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