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