Posts

Yellow Card’s African Push: Coinbase-Backed Platform Wins South African License #Bitcoin https://ift.tt/VCmO5Rz

Image
Coinbase backed Yellow Card, a leading African crypto platform, has secured a crypto asset service provider (CASP) license from the Financial Sector Conduct Authority (FSCA) in South Africa. The license allows Yellow Card, which is also licensed in Botswana, to expand its operations and cater to the growing demand for stablecoin-based services. This latest milestone […] from Bitcoin News https://ift.tt/eOkUGwN via IFTTT

‘Cowardly Path’ Leads to Redemption: Former FTX Exec Gary Wang Skates on Prison Sentence #Bitcoin https://ift.tt/VCmO5Rz

Image
Inner City Press reports that the former FTX executive Gary Wang, who admitted to creating the code enabling Sam Bankman-Fried to misappropriate $8 billion from the now-bankrupt cryptocurrency exchange, has avoided prison. Crypto Whistleblower or Accomplice? FTX’s Gary Wang Avoids Prison Reuters further reports that U.S. District Judge Lewis Kaplan in Manhattan acknowledged Gary Wang’s […] from Bitcoin News https://ift.tt/OcowiQF via IFTTT

Acurx Pharmaceuticals Allocates $1 Million to Bitcoin as Reserve Asset, Shares Slide 26% #Bitcoin https://ift.tt/VCmO5Rz

Image
Acurx Pharmaceuticals Inc. has decided to take a bold financial step, pledging up to $1 million toward bitcoin (BTC) as a treasury reserve asset. This move signals a pivot in financial strategy for the late-stage biopharmaceutical company. Biopharma Firm Acurx Adopts Bitcoin for Treasury Strategy The board of directors at Acurx Pharmaceuticals (NASDAQ: ACXP) greenlit […] from Bitcoin News https://ift.tt/8cjUEAH via IFTTT

Hedge Funds Double Down on Bitcoin ETF Holdings #Bitcoin https://ift.tt/u8ViMdm

Image
Bitcoin exchange-traded funds (ETFs) remain preferred choice of investment for institutional investors seeking exposure to bitcoin. Hedge Funds Keep Diversifying Portfolio With Bitcoin The recent 13F Securities Exchange Commission (SEC) filing for end of Q3 revealed that hedge funds such as Millennium Management, Capula Management, and Tudor Investment boosted their exposure to U.S. spot bitcoin […] from Bitcoin News https://ift.tt/lBAIzc9 via IFTTT

Paxos to Acquire Membrane Finance in Strategic Move to Make USD-Backed Stablecoins MiCA Compliant #Bitcoin https://ift.tt/u8ViMdm

Image
This strategic move is aimed at accelerating Paxos’ commitment to compliant financial products and success of its stablecoins. USD-Backed Stablecoins in Europe Paxos, a regulated financial institution and provider of tokenized products has announced an agreement in principle to acquire Membrane Finance, a blockchain infrastructure company, subject to regulatory approval. With this acquisition, Paxos is […] from Bitcoin News https://ift.tt/IEv5upk via IFTTT

Bitcoin Reaches $93,975, Setting a New All-Time High #Bitcoin https://ift.tt/u8ViMdm

Image
Bitcoin (BTC) shattered records on Tuesday, reaching an eye-popping $93,975—a new all-time high. Bitcoin Rallies to $93,975, Liquidating $44.4M in Shorts The top cryptocurrency gained 3.3% against the U.S. dollar in the past day and climbed 7.5% this week. With a towering market cap of $1.86 trillion, bitcoin continues to command attention in the ever-evolving […] from Bitcoin News https://ift.tt/oesnglU via IFTTT

Semler Scientific Reports Half-Year BTC Yield of 37.3%, Acquires Additional 215 Bitcoin #Bitcoin https://ift.tt/c7VP4kH

Image
Semler Scientific has reported a significant 37.3% bitcoin yield since implementation of its bitcoin treasury strategy. Bitcoin Strategy Yielding Gains for Semler Scientific Semler Scientific has announced an impressive half-year bitcoin (BTC) yield of 37.3%. According to an announcement on Monday, Semler achieved this yield between July 1 to Nov. 15 2024. Earlier in Q2 […] from Bitcoin News https://ift.tt/qJbWvsT via IFTTT

Bitwise: US Bitcoin Reserve Speculations Propel Crypto Market Gains #Bitcoin https://ift.tt/c7VP4kH

Image
Recent findings from Bitwise’s Weekly Crypto Market Compass for Week 47, 2024, reveal an upbeat trajectory for cryptocurrency markets, with bitcoin leading the charge. Its performance has outshined traditional financial assets, propelled by optimism surrounding U.S. reserve strategies and an intensifying supply crunch. Bitwise Analysis: Bullish Sentiments Drive Crypto Assets to New Heights Cryptocurrencies have […] from Bitcoin News https://ift.tt/w7vVz6U via IFTTT

7 AI Chatbots Bet Big on Bitcoin: Price Predictions Heat Up After $90K Rally #Bitcoin https://ift.tt/c7VP4kH

Image
On Monday, Nov. 18, 2024, bitcoin (BTC) is holding steady above $90,000, riding high after its post-election rally in the U.S. With its value perched at this level, we tapped into a variety of generative artificial intelligence (AI) chatbots to see what they think bitcoin’s price might look like by the end of the year. […] from Bitcoin News https://ift.tt/h6KWFfH via IFTTT

Bybit Rallies to Support Flood-Stricken Communities in Spain: A Commitment to Recovery #Bitcoin https://ift.tt/HmSLol2

Image
Bybit has announced its commitment to assist communities affected by the catastrophic floods in Valencia and other regions of Spain, which have resulted in over 200 fatalities, thousands of displaced individuals, and extensive infrastructure damage. In partnership with the local non-profit organization Admundi, which focuses on improving the lives of impoverished children, Bybit is mobilizing […] from Bitcoin News https://ift.tt/lQFbwg1 via IFTTT