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MicroStrategy acquired approximately 51,780 bitcoins for about $4.6 billion in cash between November 11, 2024, and November 17, 2024.
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Phantom, the crypto wallet provider, has issued a warning to iOS users regarding a recent update that caused some apps to reset. Users who failed to back up their recovery phrases might lose access to their wallets as a result. One user reported losing up to $1 million. Phantom stated it is unable to assist with fund recovery for users without backed-up recovery phrases.
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NFT trader Johnweth revealed details about the beta version of OpenSea V2. In this update, users who contribute liquidity to leading NFT collections will be rewarded, and a loyalty program is set to be introduced. Additionally, top bidders will benefit from points-based upgrades. These features suggest that OpenSea might be preparing to launch its own tokens.
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The U.S. Federal Reserve has cut the key interest rate by 25 basis points as expected, bringing it to a current level of 4.5-4.75%. Meanwhile, Bitcoin has reached a new high, surpassing $76,700.
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Second-quarter data reveals that the average cash cost of producing a single Bitcoin among publicly traded mining companies has reached $49,500. When accounting for depreciation and stock compensation, this cost increases to an average of $96,100. To address these rising expenses, many mining companies are diversifying their income by expanding into AI-related ventures.
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The BNB Foundation has completed its 29th quarterly BNB burn, automatically burning 1,772,712.363 BNB, valued at around $1.07 billion. Moving forward, this quarter's and future burns will be conducted directly on the BNB Smart Chain (BSC), with the equivalent BNB amount sent to a designated "black hole" address for permanent removal from circulation.
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BlackRock, the largest asset manager globally, now holds over 400,000 bitcoins, totaling 403,725 BTC, valued at approximately $26.98 billion. In the last two weeks, BlackRock acquired an additional 34,085 bitcoins, worth around $2.3 billion.
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Stripe, a leading payments company, has acquired stablecoin platform Bridge for $1.1 billion. Bridge specializes in software that enables businesses to accept stablecoin payments, marking a significant step in Stripe's efforts to integrate cryptocurrency solutions. This acquisition is not only Stripe's largest to date but also potentially the biggest acquisition in the history of the crypto industry.
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According to a study by Francisco Gavidia University, only 7.5% of Salvadorans currently use Bitcoin for transactions.
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In response to criticism about offering up to 5.5% of tokens to Binance, Scroll explained that it was a difficult decision, but Binance's support for stablecoins is essential. In Africa, Binance has even greater legitimacy than Ethereum. Beyond listing, Binance will provide various forms of support. Strong support from CEX is crucial for attracting users to the Ethereum ecosystem.
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Coinbase has revealed that users can now send Bitcoin to Taproot addresses. Activated in November 2021, Taproot is a significant upgrade to the Bitcoin network designed to enhance privacy. It introduces a new address format starting with "bc1p," enabling complex transactions to resemble regular transactions, unlike the original "bc1q" address format.
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Check your $DEGEN Stats. Frame by @nikolaiii πŸš€
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Tron generated a total revenue of $577 million in Q3, which is a 43% increase compared to the previous quarter and the highest figure since the protocol's inception.
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Check your $DEGEN Stats. Frame by @nikolaiii πŸš€
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https://warpcast.com/jacek/0x09955a81
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Check Your Hunt Stats. Frame by @nikolaiii πŸš€
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Trump announced on social media the launch of the first officially authorized commemorative silver coin, "TRUMP COINS," priced at $100 and designed by him. He clarified that the coin is not legal tender or an investment tool. Additionally, he addressed recent online rumors, confirming that reports of him launching a memecoin are false.
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This painting captures a regal lion at sunset, with its mane flowing in the breeze and a proud gaze on the horizon. The warm, peaceful colors of the sky highlight the lion's strength and the beauty of nature.
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Check your $WILD stats! If this is useful for you, give him a tip for promotion and support.🫢 Frame by @compez.eth
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my $hunt tip allowance πŸ‘
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