Tag: Cryptoslate
Blockchain
China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country
China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov 11 statement The firm said it
Blockchain
Bitcoin ETFs on track to overtake gold ETFs within 2 months
As of Nov 11, US-traded spot Bitcoin (BTC) exchange-traded funds (ETFs) held $84 billion, equating to roughly 66% of gold ETFs’ total assets under management (AUM) According to senior Bloomberg
Blockchain
Russia proposes digital asset investment platform for developing markets
Russian President Vladimir Putin has proposed establishing a digital asset platform within the BRICS bloc, according to local media reports The initiative aims to boost investment flows into emerging
Blockchain
Bitcoin hits $87k in relentless post-election rally to new frontiers
Bitcoin (BTC) broke multiple new price levels throughout the day on Nov 11, reaching a new all-time high of $87,450 as it continues its blistering post-election rally into price discovery As of press
Blockchain
Hedge funds and venture capital firms expect Solana will hit $600 this cycle – Survey
Most venture capital and hedge funds expect Solana (SOL) to reach at least $600 in this bull cycle, according to the “Q4 2024 Crypto Investment Manager Survey” by MV Global Almost a third
Blockchain
Bhutan’s Bitcoin stash hits $1 billion as speculation around nation state adoption intensifies
Bhutan’s Bitcoin reserves have quietly swelled to over $1 billion, positioning the small Himalayan kingdom as a unique player in the world of sovereign wealth According to Arkham Intelligence
Blockchain
Digital asset funds hit record $31.3B inflows as Bitcoin leads the charge
Digital asset funds saw inflows of $12 billion last week, marking a fifth straight week of positive momentum, according to crypto asset manager CoinShares The increase pushed year-to-date inflows to
Blockchain
Coinbase stock and app rankings soar amid crypto market resurgence
Coinbase, the largest crypto trading platform based in the US, has seen its stock climb above $300—a milestone not reached since November 2021 Data from Yahoo Finance shows that the jump reflects a
Blockchain
Over $590 million liquidated as long altcoin traders lose $343 million amid $82k Bitcoin
Over $590 million was liquidated in the crypto market over the past 24 hours, impacting 194,284 traders, according to data from Coinglass The largest single liquidation order occurred on OKX’s
Blockchain
Binance under fire for allegedly listing pump-and-dump memecoin schemes
Crypto community members have raised concerns over Binance’s listings of Solana-based memecoins—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT)—alleging a possible pump-and-dump scheme
Blockchain
MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4k
MicroStrategy has announced a major Bitcoin acquisition, securing approximately 27,200 BTC for $203 billion between Oct 31 and Nov 10, according to a Nov 11 statement This purchase comes amid a
Blockchain
Bitcoin would reach $1.8 million per coin if it matched 2017 bull market run
While the title of this insight may seem overly bullish, it’s simply a fact based on the data However, historical patterns don’t really line up with such a bullish scenario Across each
