Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin. Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. image [Source](
Bitcoin News
Solidion Technology Allocates 60% of Its Cash to Buying Bitcoin
Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions.
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Bitcoin strategic reserve unlikely under Trump — Mike Novogratz The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency. image [Source](
Cointelegraph
Bitcoin strategic reserve unlikely under Trump — Mike Novogratz
Galaxy Digital CEO Mike Novogratz shares his thoughts on the likelihood of a Bitcoin strategic reserve during the incoming Trump Presidency.
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Crypto mixer Bitcoin Fog founder receives 12.5-year prison sentence Bitfog founder Roman Sterlingov has been sentenced to 12.5 years in prison and forced to “pay a forfeiture money judgment” of around $395.5 million. image [Source](
Cointelegraph
Founder of Bitcoin Fog crypto mixer sentenced to 12.5 years in jail
On Nov. 8, the U.S. Department of Justice announced that Roman Sterlingov, founder of Bitcoin Fog, was sentenced to 12.5 years in prison for his ro...
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Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase. image [Source](
Cointelegraph
Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market
US crypto exchange Coinbase has launched its wrapped Bitcoin cbBTC asset on the Solana network to tap growing DeFi usage.
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US Bitcoin ETFs notch second-largest daily outflow on eve of election The 11 US spot Bitcoin ETFs recorded a net outflow of $541.1 million for Nov. 4, their second-largest outflow day in history. image [Source](
Cointelegraph
US Bitcoin ETFs notch second-largest daily outflow on eve of election
US spot Bitcoin ETFs have notched $540.9 million in outflows, their second-largest day ever, ahead of a tight election.
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Stablecoin supply alone won't pump Bitcoin markets — Ki Young Ju Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls. [Source](
Cointelegraph
Stablecoin supply alone won’t pump Bitcoin markets — Ki Young Ju
CryptoQuant founder Ki Young Ju explains why stablecoins will not create enough buy-side pressure to drive the price of Bitcoin higher this current...
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Bitcoin mining bans may lead to 'unintended consequences' for environment Researchers argue that “not all Bitcoin mining is equal” across countries, suggesting that bans in certain nations may cause more harm than good on a global scale. image [Source](
Cointelegraph
Bitcoin mining bans may lead to ‘unintended consequences’ for environment
“Well-intentioned policies may lead to unintended consequences,” state researchers from Exponential Science regarding nations banning Bitcoin m...
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Another one? Satoshi’s identity to be revealed Oct. 31, claims PR firm A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows. image *Events platform “Meetup” shows the “Meet Satoshi” group has 103 members. Source: MeetUp*
Bitcoin miners cut costs, embrace AI post-halving: CoinShares Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said. image
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