bitcoin
* Crypto miner Marathon Digital has spent over $600 million to purchase Bitcoin in the last two months. * MARA Holdings acquired 6,484 Bitcoin between Oct. 1 and Nov. 30 for $618.3 million. * MARA Holdings plans to offer $700 million in convertible senior notes to purchase more Bitcoin. * MARA Holdings
cryptocurrency
* XRP has surged to a price of $2.74, the highest since January 2018, and has gained over 400% in the last 30 days. * The surge in XRP is attributed to the anticipation of regulatory clarity and the potential for spot XRP ETFs. * XRP has surpassed Tether in market capitalization,
bitcoin
* Wyoming company debanked by Mercury, a banking platform, without clear cause * Debanking is part of a systemic effort to suppress Bitcoin businesses * Regulators exploit centralized banking choke points to isolate Bitcoin from traditional financial system * Debanking stifles innovation and undermines fairness in financial services * Congress must launch investigations, hold regulators
bitcoin
* Global Ethereum-based funds registered $634 million in net inflows, reaching a new annual record. * U.S. spot Ethereum ETFs led the flows, adding $466.5 million. * Analysts argue that the recent inflection in Ethereum ETF inflows makes ether's risk-reward look attractive. * Ethereum outpaced Bitcoin in inflows at high
The Big News
5 December 2024 will go down in the history of the financial markets. For the first time, Bitcoin broke the symbolic $100,000 barrier. This figure, long seen as a fantasy or an unrealistic prophecy, now reflects a profound change. Bitcoin is no longer the marginal asset reserved for the
bitcoin
* Bitcoin is both a medium of exchange (MoE) and a store of value (SoV). * SoVs and MoEs are conceptually inseparable and have always coexisted throughout history. * Bitcoin is used for trillions of dollars worth of transactions annually. * Bitcoin is held on exchanges to facilitate trading, proving its functionality as a
ceo
* Amar Kuchinad appointed as Copper's new global CEO, replacing Dmitry Tokarev. * Kuchinad will focus on strengthening Copper's U.S. presence and leading global growth strategy. * Kuchinad previously worked at Credit Suisse, Goldman Sachs, and SEC. * Copper secured a TCSP license in Hong Kong for global expansion.
bank
* The Financial Crimes Enforcement Network (FinCEN) alleges that TD Bank failed to report suspicious activity from an unnamed customer group involved in international cryptocurrency transactions. * TD Bank processed over 2,000 transactions from "Customer Group C," misrepresenting their activity and processing over $1 billion in transactions. * Customer Group
crypto
* Over 100,000 signups for World Liberty Financial's token launch * WLFI token will be an Ethereum-based ERC-20 token and serve as the governance asset of the DeFi platform * Platform will allow users to borrow and lend crypto, create liquidity pools, and transact with stablecoins * Open to accredited investors
banking
* Deutsche Bank partners with Keyrock to boost its global services in the crypto-native market. * Keyrock will receive multi-currency accounts and foreign exchange services from Deutsche Bank. * The partnership aims to reduce counterparty and settlement risks for Keyrock. * Deutsche Bank's infrastructure will enable near-instant settlements and optimize fiat currency
ethereum
* Ethereum co-founder Vitalik Buterin proposes lowering the staking requirement for validators from 32 ETH to 1 ETH. * Lowering the staking requirement could address centralization concerns and increase participation in solo staking. * Buterin also suggests implementing "single-slot finality" to reduce Ethereum transaction finalization times to every 12 seconds. * The