Bhutan’s Bitcoin holdings surpass $1b

Bhutan’s Bitcoin holdings surpass $1b

The Himalayan kingdom of Bhutan, known for its emphasis on happiness, has seen its Bitcoin (BTC) holdings soar past $1 billion as the cryptocurrency market continues its strong rally. According to data shared by the blockchain intelligence platform Arkham on November 11, 2024, the Royal Government of Bhutan now holds 12,568 BTC, valued at approximately […]

Crypto market cap hits $3 trillion as BTC smashes past $85k

Crypto market cap hits $3 trillion as BTC smashes past $85k

The global cryptocurrency market has reached a new milestone, surpassing the $3 trillion mark on November 11, 2024, following a significant surge in Bitcoin’s (BTC) price. Bitcoin’s rise past the $85,000 threshold set the stage for the total market cap to cross this critical level. Key Developments: Bitcoin’s Price Surge: Bitcoin surged 6% in the […]

China’s Nano Labs embraces Bitcoin as payment option

China’s Nano Labs embraces Bitcoin as payment option

Nano Labs, a Hangzhou-based fabless integrated circuit (IC) design company, has officially begun accepting Bitcoin as a payment method for its products through a business account with Coinbase. This announcement, made on November 11, 2024, highlights the company’s proactive approach in embracing cryptocurrency within the technology sector. Key Details: Payment via Bitcoin: Nano Labs will […]

CoinShares: Crypto products hit record YTD inflows of $31.3b

CoinShares Crypto products hit record YTD inflows of $31.3b

Crypto investment products have seen a significant surge in inflows following the recent U.S. elections, with nearly $2 billion flowing into the market. According to data from CoinShares, this influx of capital has pushed year-to-date inflows to a record $31.3 billion and raised global assets under management (AUM) to an all-time high of $116 billion […]

X Empire price is surging, but a risky pattern points to a 65% crash

X Empire price is surging, but a risky pattern points to a 65% crash

X Empire token has experienced a remarkable price surge, emerging as one of the top-performing cryptocurrencies this month. On November 10, the token reached a peak of $0.000603, marking an extraordinary 2,917% increase from its lowest price earlier in the month. This massive rally helped X Empire‘s market cap skyrocket to $302 million, with 24-hour […]

PNUT rises nearly 9% after debut on OKX platform

PNUT rises nearly 9% after debut on OKX platform

The recent launch of the PNUT meme coin on the OKX exchange has captured significant attention, with the coin’s value surging by nearly 9% just minutes after its listing. The coin, inspired by the viral Peanut the Squirrel, is a Solana-based token that is now available for spot trading against Tether (USDT) on the platform. […]

PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

PayPal-backed Mesh teams up with Reown to verify Bitcoin wallets for Travel Rule

Mesh Partners with Reown for Wallet Ownership Verification, Starting with Bitcoin Ecosystem Mesh, a U.S.-based fintech backed by investors including PayPal Ventures, has teamed up with Reown (formerly WalletConnect) to launch wallet ownership verification for UTXO-based assets, starting with Bitcoin. The announcement was made in a press release on November 11. Mesh stated that the […]

Pi Network is Ready to Rock the Crypto World

Pi Network is Ready to Rock the Crypto World

Pi Network Set for Open Mainnet Launch Amid Favorable Crypto Market Conditions With Donald Trump’s election and his expressed desire to make the U.S. the “crypto capital of the planet,” cryptocurrency may be on the cusp of a major policy shift. This could provide the perfect environment for the Pi Network‘s much-anticipated open mainnet launch, […]

Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says

Bitcoin’s rally to $80k not driven by retail FOMO, Gemini’s Winklevoss says

As Bitcoin reached a new all-time high, Cameron Winklevoss, co-founder of Gemini, suggested the true rally may still be ahead. In a post on X (formerly Twitter) on November 11, he dismissed theories that the price surge above $80,000 was driven by retail investors. Instead, Winklevoss speculated that steady ETF demand was the likely cause. […]