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@saramw

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@saramw
BlackRock caused controversy out of thin air. In their educational video about Bitcoin, they included a disclaimer stating that there is "no guarantee" that the maximum supply of 21 million coins won't change over time.
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@saramw
MicroStrategy's shares have been included in the Nasdaq 100. This index comprises the 100 largest non-financial companies by market capitalization whose securities are traded on the NASDAQ exchange.
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@saramw
On December 12, 2010, the creator of Bitcoin, known under the pseudonym Satoshi Nakamoto, made their final post on the BitcoinTalk forum. In this message, they discussed protecting the network from DoS attacks and suggested updates to improve security. Since then, Satoshi has vanished without a trace, leaving the community speculating about their identity and motives. The mystery of Satoshi's disappearance remains unsolved to this day.
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@saramw
El Salvador, under pressure from the IMF, must temper its ambitions regarding Bitcoin. The country hopes to secure a $1.3 billion loan in exchange for changes to its Bitcoin law, journalists report. If the deal is confirmed, the government of El Salvador will be required to drop the legal mandate for businesses to accept Bitcoin as payment. However, Bitcoin payments will remain an option, though participation will become voluntary.
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@saramw
Australia is introducing restrictions on cryptocurrency ATM providers, citing the risk of money laundering.
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@saramw
From a U.S. government-controlled Bitcoin wallet, 10,000 BTC were transferred to the Coinbase exchange. An additional 19,799 BTC, worth $1.92 billion, were split between two new addresses. These assets were previously confiscated from Silk Road.
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@saramw
At the 146th Ethereum Developers Conference, updates were shared on EIP-7691, EIP-7742, and EIP-7251. A key highlight, EIP-7691, focuses on enhancing blob throughput by setting the target to 6 and the maximum to 9. This adjustment aims to boost L2 transaction throughput and reduce transaction costs for low L2 usage, contributing to greater efficiency in Ethereum’s scaling ecosystem.
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@saramw
Classic economists and stock analysts have started mocking Michael Saylor, claiming he's milking his MicroStrategy "cash cow" beyond its limits.
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In his latest podcast, Arthur Hayes predicted that Bitcoin could hit $100,000 by the end of 2024 and potentially climb to $250,000 by late 2025. He also suggested that Dogecoin might reach $1. Hayes urged first-time participants in the bull market to remain level-headed and consider cashing out strategically to lock in profits.
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@saramw
The supply of Ethena's USDe stablecoin has surged by approximately 47.45% over the past month, reaching a record high of $3.75 billion. On November 21, the stablecoin saw an inflow of around $119 million, marking its highest single-day inflow since mid-April. Additionally, the sUSDe staking rate climbed to 68.4%, its highest level since mid-to-late February this year.
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@saramw
Monkey Tilt has secured $30 million in Series A funding, led by Pantera Capital and joined by Polychain, Hack VC, and others. The platform blends traditional casino gaming with enhanced social and lifestyle features, leveraging a multi-currency crypto payment system to enable wagering with various digital assets.
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McDonald's revealed a partnership with the Ethereum-based NFT collection Doodles to debut an event titled "GM Spread Joy." Beginning November 18, McCafe coffee cups across the U.S. will feature the signature rainbow-themed designs from Doodles. Customers buying any McCafe hot beverage will have access to various exclusive Doodles perks.
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The U.S. Department of Justice is conducting an investigation into Polymarket's activities. “The betting platform did NOT block U.S. users who were using VPNs.” A Polymarket representative described the investigation as “political retribution by the outgoing Biden administration for accurately predicting Trump’s victory.”
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@saramw
MicroStrategy revealed it had purchased 27,200 BTC for around $2.03 billion, averaging $74,463 per Bitcoin. As of November 10, 2024, the company owns a total of 279,420 BTC, with an overall investment of approximately $11.9 billion, equating to an average cost of about $42,692 per coin.
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@saramw
Roman Sterlingov, the founder of Bitcoin Fog, has been sentenced to 12 and a half years in prison for laundering tens of millions of dollars connected to illegal drug transactions. Sterlingov operated Bitcoin Fog, a service that mixed cryptocurrencies to obscure their origins and facilitate illicit financial activities.
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Polymarket is hinting at a potential airdrop for active users of the platform.
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On Friday, a New York judge decided to postpone the criminal trial of Tornado Cash co-founder Roman Storm to April 2025 to allow time to address disagreements raised by expert witnesses. Storm’s hearing is set for November 12. He faces charges on three counts: facilitating money laundering, unlicensed money transmission, and sanctions violations, with a potential sentence of up to 45 years if convicted.
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MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years, split evenly between $21 billion in equity and $21 billion in fixed-income securities. The company intends to use this capital to increase its Bitcoin holdings as a treasury reserve, aiming to enhance its Bitcoin yield.
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Kraken is planning to launch a new blockchain called "Ink" early next year. This blockchain will support dApps focused on token trading, borrowing, and lending without intermediaries. Ink will use technology similar to that of Coinbase's Base, providing a platform for DeFi activities.
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@saramw
Ripple co-founder Chris Larsen announced on Monday that he has donated an additional $10 million worth of XRP to support Vice President Kamala Harris's presidential campaign. This follows a previous donation of $1 million worth of XRP made by Larsen through the same organization in August.
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