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Michael Saylor Shares the Secret to Successful Bitcoin Investment

Dec 7, 20243 min read
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Michael Saylor, founder of MicroStrategy, shared his approach to effective Bitcoin investment in an interview with Yahoo Finance, emphasizing that his strategy is straightforward and effective. “Every day for the past four years, I’ve said: Buy Bitcoin, don’t sell Bitcoin.…

Study: FDIC Urged Banks to Suspend Crypto-Related Activities

Dec 7, 20243 min read
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Coinbase has revealed letters from the Federal Deposit Insurance Corporation (FDIC), advising banks to temporarily halt operations involving crypto assets. According to CoinDesk, such requests began in March 2022. Re: the letters that show Operation Chokepoint 2.0 wasn't just some…

Hawk Tuah Meme Token Developers Accused of Exit Scam

Dec 7, 20244 min read
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The meme coin HAWK, launched on December 5 with the participation of meme star Hawk Tuah, Haley Welch, collapsed within an hour after its debut. Users accused the project team of orchestrating a rug pull scam. There has been a…

Pavel Durov Testifies in Paris for the First Time

Dec 7, 20241 min read
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On the morning of December 6, Telegram founder Pavel Durov appeared for questioning, accompanied by his legal team. The report comes from 20 Minutes citing AFP. The entrepreneur expressed his trust in the French judicial system but refrained from further…

Spot Ethereum ETFs Record Historic Capital Inflow

Dec 6, 20241 min read
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On December 5, 2024, spot Ethereum ETFs achieved a record-breaking net daily capital inflow of $428.44 million, according to SoSo Value. This milestone marks nine consecutive trading days of positive performance in the sector, with over $1.3 billion flowing into…

SEC Reportedly Rejects Two Spot Solana ETF Applications

Dec 6, 20242 min read
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Fox Business journalist Eleanor Terrett, citing insider sources, has reported that the U.S. Securities and Exchange Commission (SEC) has rejected at least two applications for spot Solana ETFs. It remains unclear which of the five applicants are affected at the…

xAI Secures $6 Billion in Funding

Dec 6, 20242 min read
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Elon Musk’s AI startup, xAI, has raised $6 billion, according to a filing with the SEC. Details about the investors and the company’s valuation remain undisclosed. In May, xAI also secured $6 billion, bringing its total funding to $12 billion.…

Tether CEO Acknowledges USDT as the “Fuel” Behind Bitcoin’s Surge

Dec 6, 20242 min read
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There is a strong correlation between Bitcoin’s climb past $100,000 and the increasing supply of Tether’s stablecoin, USDT. This was highlighted by Tether CEO Paolo Ardoino in an interview with The Block. Ardoino revealed that over the past 20 days,…