Tuesday, November 26, 2024

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Bitcoin News

3 Reasons Why Bitcoin’s Price Just Fell by $3K

The sudden pullback just short of a new $50,000 high surprised many investors. Here's what probably happened.

Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground

Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance.

Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue Source

SBI's founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.

Happy Bull’s Year, North Korean Hackers!

In this episode, Anna Baydakova and Danny Nelson discuss North Korea reportedly stealing your crypto to create nuclear weapons, Tesla rattling markets at an...

Avalanche Brought Down by Bug Triggered by Unusually High Volume, Engineer Says

The blockchain, which had been touted for its ability to handle a high volume of transactions, was brought down by an unusually high number...

Why Comparing Bitcoin to Visa Doesn’t Make Any Sense

A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.

Bitcoin Sets New All-Time High of $49.7K, Putting $50K Within Striking Distance

The record comes as traders analysts have described institutional investors’ interest in bitcoin as growing “at a staggering pace.”

Morgan Stanley Unit Considers Bitcoin Investment: Bloomberg

Morgan Stanley already has a nearly 11% stake in the bitcoin-laden business intelligence company MicroStrategy.

Corporate Crypto Makes Government Bans Less Likely

A recap of a swath of news about corporate players coming into the crypto space, and why it could change the landscape of regulation.

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