MLM Network Zone

The company now holds 174,530 BTC worth $6.59 billion. bit.ly/3f7o14k http://dlvr.it/SzX1QZ

SkyBridge Capital founder Anthony Scaramucci is predicting a spot Bitcoin ETF approval will drive billions of new value to the sector. bit.ly/3f7o14k http://dlvr.it/SzWc5T

This represents over a year of dedicated research and development by the team, with a focus on enhancing user experience. bit.ly/3f7o14k http://dlvr.it/SzTvT6

A glut of new research indicates that personal experiences may be the NFT market’s primary mover. from Cointelegraph.com News https://ift.tt/Lxs6G9u via IFTTT

Bitcoin is struggling to sustain above $38,000, but the bulls have not given up much ground, which some analysts say increases the chance of a rally to $40,000. from Cointelegraph.com News https://ift.tt/iFCrQNe via IFTTT

From legal issues to hackers, launching a CBDC is fraught with risks, and BIS has a big list of them to consider. from Cointelegraph.com News https://ift.tt/BpZo2zX via IFTTT

These investments aim to propel the development of new infrastructure tailored to foster a seamless ecosystem for fungible tokens on the Bitcoin network. bit.ly/3f7o14k http://dlvr.it/SzTY5k

The Apollo II and Apollo OS 2.0 Software paves the way for personalized, decentralized mining. bit.ly/3f7o14k http://dlvr.it/SzTXhS

As Bitcoin has entered the political fray and caught the attention of U.S. Presidential hopefuls, we rank each candidate based on their Bitcoin stance. From “The Primary Issue”. bit.ly/3f7o14k http://dlvr.it/SzT6tt

Jack Dorsey is backing a Luke Dashjr-led initiative to decentralize bitcoin mining globally with a transparent, non-custodial mining pool. bit.ly/3f7o14k http://dlvr.it/SzRMzs

The “Off Exchange” trading system was launched by Fireblocks, allowing institutions to trade without fully relinquishing custody. from Cointelegraph.com News https://ift.tt/Uf5QnsE via IFTTT

On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com. Changpeng Zhao Steps Down as Binance US Chairman The update from Binance US comes in the wake of a recent agreement between Binance.com and the U.S. Department of Justice. This settlement also involved various U.S. entities, including the Treasury’s Office of Foreign Assets Control (OFAC), the Commodity Futures Trading Commission (CFTC), and the Financial Crimes Enforcement Network (FinCEN). Binance US clarified that it was not involved in last week’s settlements and currently has no pending enforcement issues with the DOJ, FinCEN, OFAC, or CFTC. The company underscored its independence and separate operation from Binance.com. Despite this autonomy, CZ, the ex-chief of Binance, is depart

The final standards are being fleshed out to enable Schnorr based multisig across wallets and devices. After 3 years of hard work, things are almost ready to start talking about implementation. bit.ly/3f7o14k http://dlvr.it/SzR1W7

Official livestream of the special event hosted by Ocean, a latest-generation decentralized bitcoin mining pool. bit.ly/3f7o14k http://dlvr.it/SzQbCG

Bitcoin and Stablecoins have had a strangely symbiotic relationship since the first stablecoin was created. This dynamic could wind up breathing new life into the failing dollar. bit.ly/3f7o14k http://dlvr.it/SzNrKk

Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares. from Cointelegraph.com News https://ift.tt/brw50D3 via IFTTT

Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers. from Cointelegraph.com News https://ift.tt/OCyZXHN via IFTTT

A reality check on the limitations of Lightning Network, and what that means in terms of its long term viability. No, it's not doomed, but it probably won't be used the way you expected it to be. bit.ly/3f7o14k http://dlvr.it/SzNWMH

This pool, built on the open-source Stratum Reference Implementation, aims to usher in a new era for mining by introducing enhanced security, flexibility, and performance. bit.ly/3f7o14k http://dlvr.it/SzNVwp

Paradigm, one of Blast’s seed investors, criticized the protocol’s decision to launch a bridge before its L-2 and withdraw capability. from Cointelegraph.com News https://ift.tt/EVpI6D2 via IFTTT

As we near December, some bitcoin enthusiasts are buzzing with anticipation that a ‘Bitcoin Santa Claus rally’ might emerge this year, reminiscent of the surges in 2013 and 2017. This speculative notion suggests that bitcoin often performs exceptionally well during the December festive season, although this isn’t a consistent trend. Nevertheless, this hypothesized event is gaining traction across social media platforms and discussion forums. Will Bitcoin See a Festive Santa Rally? The term “Bitcoin Santa rally” is gaining popularity on social media platforms like X, following BTC ’s impressive surge of over 10% in the past month and a 128% rise in the past year. This concept, mirroring the stock market’s historic “Santa Claus Rally” where equities typically see a boost between Thanksgiving and Christmas, suggests a similar trend in bitcoin’s market value. Proponents cite two instances to support this theory. The initial instance unfolded in late November 2013, with BTC valued at

Buy Bitcoin and Ether legally and securely in the U.K. and get insights on regulations, storage and investment options to make informed decisions. from Cointelegraph.com News https://ift.tt/xNU5qFb via IFTTT

Transaction fees for Bitcoin have eased, following their surge to more than $18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $5.89, with the median fee per transfer being $2.86. Bitcoin Fees Cool Down — November’s Mining Revenue Has Already Outstripped October’s After reaching a peak of over $18 per transfer on November 16 and 18, 2023, the expense for block space has seen a decline. Data from November 24 shows the average cost per transaction hovered at about $5.89 . This represents a significant decrease from the previous day’s average of $14.06 per transfer, underscoring the fluctuating nature of block space costs over the past week. Data from Dune Analytics reveals that Ordinal inscriptions continue to flourish, with over 300,000 mints daily following a peak of more than 475,000 inscriptions on November 19. On November 24, a total of 347,791 inscriptions were minted, and as of November 25, bitc

Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan. from Cointelegraph.com News https://ift.tt/orJUd1F via IFTTT

On Friday, data revealed a notable shift in Grayscale’s Bitcoin Trust, commonly referred to as GBTC, as its discount to net asset value (NAV) contracted to single digits for the first time in 2023. The figures indicate that GBTC’s discount reached 8.06%, a level last observed two years ago. GBTC Discount to NAV Reaches Single-Digit Territory Grayscale’s Bitcoin Trust (GBTC) is the largest bitcoin fund in the world and on November 24, 2023, the trust’s total assets under management (AUM) was approximately $23.50 billion . This year, GBTC suffered a significant discount to net asset value (NAV) and in September 2022, the discount widened by more than 35%. A discount or premium to net asset value (NAV) occurs when the market price of a fund’s shares is lower or higher, respectively than its NAV. The NAV essentially represents the per-share value of the fund’s assets minus its liabilities, calculated daily. When a fund’s shares trade at a discount, it means they are selling for less t

BlackRock meets with SEC over Bitcoin ETF, Binance’s new era begins after settlement in the United States and Sam Bankman-Fried loses release bid. from Cointelegraph.com News https://ift.tt/xkBGbeH via IFTTT

The president of the European Central Bank (ECB), Christine Lagarde, has reportedly revealed that her son invested in crypto despite her warnings. “He ignored me royally,” Lagarde shared, noting that after he lost 60% of the money he invested, she had another talk with him about crypto investing. Lagarde’s Son Ignored Her Advice About Crypto Investing European Central Bank (ECB) President Christine Lagarde disclosed during a town hall with students in Frankfurt on Friday that her son invested in cryptocurrency despite her repeated warnings and lost approximately 60% of his investment, Reuters reported. She was quoted as saying: He ignored me royally, which is his privilege … And he lost almost all the money that he had invested. “It wasn’t a lot but he lost it all, he lost about 60% of it … So when I then had another talk with him about it, he reluctantly accepted that I was right,” she claimed. The ECB chief has two sons in their mid-30s but did not disclose which one she was

“Bull Run” explores one director’s obsession with trading cryptocurrencies during the bull market and how it led her to create a tokenized crypto documentary. from Cointelegraph.com News https://ift.tt/J5Ki0kZ via IFTTT

The United Arab Emirates (UAE) is making its entry into the bitcoin mining sector. In a recent declaration by Phoenix Group PLC, a bitcoin mining enterprise, it was revealed that the company successfully garnered $370 million through an initial public offering (IPO) that was highly sought after, achieving a 33-fold oversubscription. UAE Forges New Path in Bitcoin Mining With Phoenix Group’s $370M IPO Bitcoin mining and blockchain infrastructure firm Phoenix Group has announced it’s raised 1.3 billion UAE dirhams ($370 million) in an IPO that started on November 16 and closed two days later. The company will be listed on the Abu Dhabi Securities Exchange (ADX) with the ticker PHX. “The overwhelming interest during the offer period is a powerful endorsement of our pioneering role in cryptocurrency mining and blockchain,” Bijan Alizadehfard, the co-founder and group CEO of Phoenix said. The company’s prospectus says that it has established significant operations including a mining

Esperanto was an attempt at creating a new language everyone internationally could easily learn to speak with each other that failed to be adopted. Will Bitcoin share a similar fate? bit.ly/3f7o14k http://dlvr.it/SzGW2B

Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said. from Cointelegraph.com News https://ift.tt/wK4VLQc via IFTTT

On November 22, 2023, data revealed that Bitcoin’s hashrate, as calculated on a seven-day moving average, attained an unprecedented level of 500 exahash per second (EH/s), which is tantamount to about 0.5 zettahash per second (ZH/s). Additionally, with just over a week remaining until the end of November, bitcoin miners are on the brink of eclipsing the total earnings of October. Bitcoin Shatters Records With 500 EH/s Hashrate Record-breaking figures emerged for Bitcoin’s hashrate on Wednesday, as tracked by Luxor’s hashrateindex.com . The aggregate hashpower, based on the seven-day moving average, hit 500 EH/s at 7:00 p.m. Eastern Time. Not only is it half of a zettahash, this hashrate translates into a staggering 500 quintillion hashes every second. This achievement marks the first time in history that the hashrate has soared to such heights, with the three-day moving average showing a surge to a significant 526 EH/s. Bitcoin (BTC) miners have accumulated $861.07 million in reve

The launch aims to bridge the gap in understanding and participation in Bitcoin within Serbia's burgeoning IT landscape. bit.ly/3f7o14k http://dlvr.it/SzCthM

As the industry eagerly awaits the SEC's decision, the former head of the NYSE's bullish sentiment echoes the growing confidence in Bitcoin's future trajectory. bit.ly/3f7o14k http://dlvr.it/SzBXqP

Robert F. Kennedy, Jr. sits down with Bitcoin Magazine to discuss his candidacy, Bitcoin and the importance of personal freedom. From “The Primary Issue”. bit.ly/3f7o14k http://dlvr.it/SzBXgc

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000. from Cointelegraph.com News https://ift.tt/tjIWdOs via IFTTT

The Cardano founder claimed that crypto entrepreneurs must comply with regulation or use completely decentralized systems in the future. from Cointelegraph.com News https://ift.tt/mEGsJID via IFTTT

What does it actually mean to be a Bitcoiner? bit.ly/3f7o14k http://dlvr.it/SzBGxJ

On Tuesday, charges against crypto exchange titan Binance Holdings Limited were revealed by the U.S. Department of Justice (DOJ), which reached a significant $4.316 billion settlement with the world’s largest crypto exchange for noncompliance with anti-money laundering (AML) laws. Despite Binance’s 2019 claims to bar U.S. users, prosecutors asserted the firm persisted in providing market access to elite, VIP American patrons, who supplied roughly “one-third” of company trading revenue. The Whales of Binance Decoded in DOJ Court Filing Shockwaves continue rippling through the crypto sphere following the seismic DOJ, U.S. Treasury and Commodity Futures Trading Commission (CFTC) $4.3 billion settlement with Binance over allegations of knowingly shirking registration as a money services business. As alleged within the unsealed court documents, Binance and ex-CEO Changpeng Zhao (CZ) violated AML laws and the Bank Secrecy Act among other agency regulations. The charges also highlighted

Is the state adopting Bitcoin a good thing? Or is it something that will slowly erode the properties we find valuable about Bitcoin? bit.ly/3f7o14k http://dlvr.it/Sz9w9X

A thorough analysis of the entire mining ecosystem, from ASICs to mining pools, looking at the systemic risks and issues that exist throughout the industry. bit.ly/3f7o14k http://dlvr.it/Sz8lXD

The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21. from Cointelegraph.com News https://ift.tt/axHrk68 via IFTTT

The BNB token defied today’s wider market downturn with a high volume rally, which saw its price hit a 5-month high at $271.90 from Cointelegraph.com News https://ift.tt/hGbDnpR via IFTTT

Bitcoin’s value has surged by 23% against the U.S. dollar in the past month, but a vast array of altcoins have seen even more substantial gains, outpacing BTC ’s monthly rise. Such trends in smaller market cap coins have sparked proclamations on social media platforms, heralding the arrival of the much-anticipated “Alt Season.” Additionally, an uptick in search terms like “altcoins” and “Alt Season” on Google Trends indicates growing public interest. Altcoins’ Rapid Growth Sparks ‘Alt Season’ Discussions, Google Trends Shows Rising Interest On the social media site X (previously known as Twitter), there are thousands of discussions centered around “Alt Season” and “altcoins.” Generally, an altcoin is any cryptocurrency other than bitcoin (BTC) , with prominent examples being ethereum (ETH) , solana (SOL) , and cardano (ADA) . Recently, there’s been a noticeable spike in online chatter about altcoins, with enthusiasts urging their followers to stock up on these digital assets. A us

Many are excited about the potential for a second Bitcoin President in Latin America, but there are reasons to be more skeptical and cautious before cheer leading. bit.ly/3f7o14k http://dlvr.it/Sz7Xyt

World premiere of Bitcoin-themed Crocs now available for preorder exclusively available at Bitcoin Magazine bit.ly/3f7o14k http://dlvr.it/Sz5N9j

BitVM and ZeroSync developer Robin Linus unveils BitStream, a trustless protocol for data transfers. Further new protocols show a budding use-case for Bitcoin in data markets. bit.ly/3f7o14k http://dlvr.it/Sz5Mys

According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month. from Cointelegraph.com News https://ift.tt/N9u3K5S via IFTTT

Republican presidential candidate Vivek Ramaswamy, Independent presidential candidate Robert F. Kennedy, Jr. and many U.S. lawmakers were in attendance at NABS 2023. from Cointelegraph.com News https://ift.tt/LX1cGkH via IFTTT

Crypto media firms in 2023 are emerging with new owners. After Foresight Ventures, a Singaporean Web3 venture capital firm acquired a major stake in the publication The Block, a week later, the crypto publication Coindesk was acquired by Bullish, a firm led by former New York Stock Exchange President Tom Farley. The purchase price was not disclosed but reports detail it was an all-cash deal. Crypto Media Company Coindesk Sold to Bullish Coindesk, the crypto media publication founded in 2013, has been acquired by Bullish , a subsidiary of Block.one that provides an institutional digital assets exchange and proprietary automated market making (AMM) technology. Bullish published a press release detailing that it had purchased Coindesk from Digital Currency Group . DCG, a venture capital firm founded by Barry Silbert, had acquired the media publication in 2016. “I’m incredibly proud of Coindesk’s growth and development over the last seven years, having transformed itself from a small b

Tuur Demester gives his thoughts on the relationship between Austrian Economics and Bitcoin. bit.ly/3f7o14k http://dlvr.it/Sz53rX

If you care at all about privacy, sovereignty, and freedom, the lessons of George Orwell's 1984 are more relevant than they ever have been. bit.ly/3f7o14k http://dlvr.it/Sz4gnY

Javier Milei beat his opponent Sergio Massa by over 2 million votes, officially winning Argentina's presidential election. bit.ly/3f7o14k http://dlvr.it/Sz39lD

OpenAI’s new interim CEO is considered a "product person" who supports regulatory oversight of artificial intelligence. from Cointelegraph.com News https://ift.tt/k9SsFUP via IFTTT

In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap and Pancakeswap. 2% of Global Bitcoin Spot Trading Channeled Through Thorchain In the world of decentralized finance (defi), Thorchain has been recording notable volumes. At its core, Thorchain is a decentralized cross-chain infrastructure that facilitates the settlement of native assets across various blockchain networks. Thorchain allows users to swap native assets between supported chains or deposit assets to earn yields from swaps. Thorchain was developed using the Cosmos SDK — a framework for building blockchain applications in Golang. Archived statistics from defillama.com reveal Thorchain as the third-largest dex this week, with a total volume of $1.854 billion. Uniswap reported $12.021 billio

Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up. from Cointelegraph.com News https://ift.tt/I7bnmJL via IFTTT

FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth largest exchange coin in terms of market capitalization, FTT stands below prominent counterparts like BNB , LEO, OKB, and CRO. FTT Records Colossal Gains Over the Past Fortnight Originally developed by the now-convicted Sam Bankman-Fried and the insolvent FTX, the crypto asset FTT has defied the odds. Despite the backdrop of Bankman-Fried’s fraud conviction and FTX’s ongoing Chapter 11 bankruptcy proceedings, FTT has shown a significant uptick in market performance, making notable strides within the last two weeks. Despite a 6.3% decline in the past week, FTT has shown a notable 200.2% increase against the U.S. dollar over the last fourteen days. Currently, FTT boasts a 24-hour global trade volume of $230.85 million, placing it in the 21st position for daily spot trad

At least three senior researchers have left OpenAI since Sam Altman was removed as the startup's CEO on Nov. 17. from Cointelegraph.com News https://ift.tt/afndoUc via IFTTT

Throughout 2023, numerous sectors within the cryptocurrency market have experienced gains. However, leading privacy-centric crypto tokens have lagged behind in performance compared to their counterparts. Since January, the market value of the privacy cryptocurrency sector has diminished by $440 million, marking a notable downturn over the last ten months. While Privacy Assets Gained $1.35B in 12 Months, $440M Was Erased in 2023 On Saturday, November 18, 2023, the market value of the privacy-focused cryptocurrency economy hovered slightly over $6 billion , reflecting a 0.6% decline against the U.S. dollar in the last 24 hours. Historical data reveals that on January 27, 2023, the collective value of leading privacy tokens was $6.44 billion. This data suggests that the total group of privacy cryptocurrencies has experienced a 6.83% decrease in value when measured against the greenback. During that period in January, monero ( XMR ), the top privacy crypto asset in terms of market cap

dYdX founder Antonio Juliano said that the decentralized exchange as well as the Yearn.Finance token (YFI) are victims of a targeted attack. from Cointelegraph.com News https://ift.tt/u6LDvPV via IFTTT

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Global X Bitcoin Trust’s application to list a spot bitcoin exchange-traded fund (ETF). The delay, announced on November 17, 2023, marks a continued period of uncertainty in the spot bitcoin ETF space. Global X Spot Bitcoin ETF Delayed by SEC The Global X Bitcoin Trust seeks to offer investors exposure to bitcoin (BTC) through an ETF structure, a move that could potentially broaden the crypto asset’s appeal to a wider investor base. Initially filed by the Cboe BZX Exchange on August 4, 2023, the proposal aims to list and trade shares of the trust under the exchange’s commodity-based trust shares rules. In its order , the SEC outlined its rationale for the delay, stating the need for further analysis on whether the proposed ETF aligns with the Securities Exchange Act’s requirements. Specifically, the securities watchdog is evaluating the proposal’s consistency with the Act’s mandates, which includ

Getting regulatory approval has been crucial for companies, particularly in a tight regulatory environment during the crypto winter. from Cointelegraph.com News https://ift.tt/CZ7GFYn via IFTTT

The decentralized exchange (dex) Jupiter has unveiled specifics regarding the distribution of the first 10% tranche of its community airdrop, encompassing 1 billion jupiter (JUP) tokens from a total pool of 10 billion. This initiative is designed to honor 955,000 distinct Solana wallets that engaged with Jupiter, acknowledging their role as early adopters. Jupiter’s 1B Token Airdrop In the cryptocurrency sphere, there’s growing buzz about a fresh airdrop originating from Jupiter , a Solana-based dex aggregator. Such aggregators function by scouring multiple decentralized exchanges to secure the most favorable prices and liquidity for trades. They then consolidate these trades across various dex platforms in a singular transaction, optimizing costs and fees for users. It is important to differentiate the recent Jupiter airdrop from the token jupiter (JUP) , an ERC20 token that debuted in 2020. They are not the same. Established in 2021, Jupiter, the dex aggregator, currently support

The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16. The average transaction fee is up 746% from a year ago. from Cointelegraph.com News https://ift.tt/jrYCJU0 via IFTTT

Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain. from Cointelegraph.com News https://ift.tt/UxJ0R5p via IFTTT