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Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Bitcoin News - 21 November 2024, 12:06 pmBitcoin (BTC) achieved a historic milestone, reaching an all-time high of $98,367 per coin, just 1.66% shy of the coveted $100,000 mark. Bitcoin Approaches $100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the past 24 hours and 7.8% over…Read More
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Shemaroo Entertainment and PWR Chain Announce Strategic Partnership to Revolutionize India’s Digital Entertainment through Blockchain Innovation
Bitcoin News - 21 November 2024, 12:00 pmPRESS RELEASE. Shemaroo Entertainment, a leader in India’s media and entertainment industry for over six decades, has announced a strategic partnership with PWR Chain, an advanced Layer 0 blockchain infrastructure. Through this alliance, PWR Chain becomes the official blockchain partner for ShemarooVerse, Shemaroo Entertainment’s immersive platform set to deliver next-generation immersive content. This partnership is…Read More
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President Milei Issues Advice to Elon Musk’s D.O.G.E.: ‘Cut to the Chase’
Bitcoin News - 21 November 2024, 11:30 amArgentine President Javier Milei, who self-describes as anarcho-capitalist, issued recommendations to Elon Musk, head of the Department of Government Efficiency (D.O.G.E.), to develop his deregulation and state cleaning role. In Lex Fridman’s podcast, Milei urged Musk to be efficient and relentless in achieving D.O.G.E.’s objectives. “Just cut to the chase, cut to the chase. As…Read More
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Michael Saylor’s Microstrategy ‘Infinite Money Glitch’ Explained: Is It Sustainable?
Bitcoin News - 21 November 2024, 10:30 amMichael Saylor, co-founder and Executive Chairman of Microstrategy, the company that pioneered Bitcoin reserves among institutions, seems to have found an infinite money glitch that turns debt and bitcoin into more money and bitcoin. But what’s the endgame, and is it sustainable? Michael Saylor’s Bitcoin Infinite Money Glitch Criticized Michael Saylor, once a bitcoin critic,…Read More
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Justin Sun Buys Iconic Maurizio Cattelan Artwork ‘Comedian’ for $6.2 Million, Promises to Eat the Banana
Bitcoin News - 21 November 2024, 9:30 amJustin Sun, the founder of TRON, has made headlines by acquiring Maurizio Cattelan’s iconic artwork “Comedian” for $6.2 million at a Sotheby’s auction. In a statement, Sun expressed his excitement, describing the piece as “not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” He…Read More
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Avalanche Explained: Inside the Blockchain’s Three-Chain Architecture
Bitcoin News - 21 November 2024, 8:30 amAvalanche’s unique three-chain architecture and novel consensus mechanism makes it ideal for decentralized applications and digital asset creation. What is Avalanche? Avalanche is a decentralized layer one (L1) blockchain platform and ecosystem tailored for building decentralized applications (dapps), custom blockchains, and digital assets. With its novel proof-of-stake (PoS) mechanism, Avalanche seeks to solve the blockchain…Read More
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Crypto Scam Epidemic: US Founders Responsible for Nearly Half of All Scam Projects
Bitcoin News - 21 November 2024, 7:30 amA new study reveals that the United States leads in both scam and failed crypto projects. US Leads in Crypto Scams, Study Finds According to a study examining more than 1,500 crypto projects, U.S. founders account for 43.4% of all identified scam crypto projects in 2024. Between January and October, the country’s share of total…Read More
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Should El Salvador Follow Microstrategy’s Bitcoin Playbook? A High-Stakes Move
Bitcoin News - 21 November 2024, 6:30 amThe recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases. El Salvador Could Increase Its Bitcoin Purchases Issuing Debt Bitcoin has…Read More
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Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost Innovation
Bitcoin News - 21 November 2024, 5:30 amDeutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial services giant Deutsche Bank has joined artificial intelligence (AI) startup Aleph Alpha as a strategic investor and partner. As part of…Read More
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Binance Warns of Fake Tokens Exploiting Its Name
Bitcoin News - 21 November 2024, 4:30 amCryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance, potentially exposing users to scams and financial harm. “Please remember to verify information through our official channels. Be…Read More