Investment firm floats yield-bearing ETF based on MicroStrategy stock
Investment firm YieldMax has applied to launch an ETF allowing investors to earn monthly yields on MicroStrategy shares.
Posts published on December 7, 2023 go to media archive 1/4
Binance Founder CZ Remanded to Remain in Continental US, Travel to UAE Prohibited
Changpeng Zhao, better known as CZ, the founder of Binance, has recently grappled with significant legal hurdles in the U.S. His guilty plea in a notable case led a Seattle federal judge to impose movement restrictions on him. Former Binance Boss…
Matrixport's $45K End of Year Target for Bitcoin Looks to Be Accurate
2023 has been a five-phased bitcoin rally, Matrixport says in a report.
El Salvador unveils BTC ‘Freedom Visa’ — but it’s 10x the cost of others
The same citizenship-by-investment schemes in nearby Caribbean nations start at $100,000, and one EU country has a citizenship pathway for just over $800,000.
HK game firm to buy $100M crypto for treasury, China/UAE CBDC deal: Asia Express
Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.
Bitcoin new high set for late 2024, Binance to lose top spot, predicts VanEck
Next year will see Binance lose its leadership position, a U.S. recession, new stablecoin market cap highs and a new peak price for Bitcoin, according to asset manager VanEck.
Peter Schiff Says Global Tax Chiefs’ Only Enforcement Success Is Its ‘Failed’ Action Against His Bank
Robert Kiyosaki Warns ‘This Next Crash May Turn Into a Depression’
Rich Dad Poor Dad author Robert Kiyosaki has warned that a soft landing for the U.S. economy is a fantasy, emphasizing that a crash landing is more likely. Noting that he already warned of this giant crash in his Rich Dad’s Prophecy book, the…
BLUR Is Down 30%, And Whales Are To Blame–Here’s Why
Blur, a decentralized non-fungible token (NFT) marketplace, and OpenSea competitor is under pressure, tumbling by over 30% from its November peaks. While BLUR retreats, on-chain data reveals that BLUR whales have been moving their tokens to leading…
Binance Founder Changpeng 'CZ' Zhao Stuck in U.S. Until Sentencing
Binance founder and former CEO Changpeng Zhao must remain in the U.S. until he is sentenced next February, a federal judge ruled Thursday.
Hive Digital says BTC miners bought last Dec have already paid themselves off
Hive Digital made a sizeable ASIC miner purchase in December 2022. Just one year later, thanks to a Bitcoin boom, the crypto miner says the rigs have paid for themselves.
Sam Altman-Backed Crypto Startup Looks To Secure $100 Million For Bitcoin Private Credit Fund
Meanwhile Advisors, a crypto startup backed by the American entrepreneur Sam Altman, has announced plans to raise $100 million for a Bitcoin (BTC) private credit fund. The fund, known as Meanwhile Private Credit Fund aims to provide institutional…
JPMorgan CEO Jamie Dimon Says He’d Close Crypto Down if He Were the Government
Avalanche Pays Premium to Incentivize Validators, Will AVAX Soar To $145?
Avalanche, the fourth-generation proof-of-stake (PoS) blockchain, incurs significant costs to incentivize its validators. Token Terminal data on December 7 shows that in the past year, the smart contract platform paid over $275 million in AVAX to…
What Is Defi? An Explainer And Guide
Decentralized Finance, commonly known as DeFi, is rapidly reshaping the landscape of financial transactions and systems in our increasingly digital world. This innovative approach to finance merges traditional monetary processes with the…
Binance founder CZ must stay in US until February sentencing, judge orders
Former Binance CEO Changpeng "CZ" Zhao has been ordered to remain in the U.S. while awaiting his sentencing in February.
Brazil to Discuss Digital Currency Usage for Financial Transactions in G20
Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of…
Shiba Inu Burn Rate Rises Rapidly In One Week, What’s Been Driving It?
The rise in the Shiba Inu burn rate has no doubt been one of the most notable developments in the community. At the start of the week, the burn rate rose over 7,000,000% after more than 8 billion tokens were burned in a 24-hour period. This trend…
Ether, Solana Hit 19-Month Highs as Bitcoin Rally Halts with Traders Fearing 'Bull Trap'
BitMex founder Arthur Hayes speculated about SOL hitting near $100 in a bullish weekend for altcoins.
Solana Protocol Kamino Eyes Airdrop Following Jito Token Launch
Solana's SOL token has more than tripled since mid-October as DeFi traders return to the ecosystem's on-chain trading, borrowing, lending and yield-generating projects, most notably Kamino.
Bitcoin options data shows whales betting big — Will $50K BTC come in January?
Institutional investor interest soars as Bitcoin options open interest hits record high.
Report: Terraform Labs Co-Founder Do Kwon to Be Extradited to the US
Terraform Labs’ co-founder, Do Kwon, is on the brink of extradition to the United States from Montenegro. This development follows a decisive ruling by a high court and the endorsement from a top official. According to The Wall Street…
Holding For Gold: Micheal Saylor’s Poll Unveils Bitcoin Enthusiasts Aiming For $1 Million Mark
Recently, Michael Saylor, the founder of MicroStrategy and a prominent Bitcoin (BTC) proponent, took to social media to gauge the Bitcoin community’s sentiment on the future price of the digital asset. Saylor, who has transitioned from CEO to head…
Sam Altman-linked Meanwhile Advisors creates BTC private credit fund
The closed fund will offer investors a 5% yield in Bitcoin and lend funds in BTC to institutions.
This $28K Pixelated Avocado Could Add to Bitcoin's Raging Censorship Debate
The NFT-like Ordinals inscriptions are anathema to some Bitcoin purists who want to preserve the blockchain for financial applications. But a few of the images are fetching eye-popping sums in the in-real-life art world.
Binance says decision to pull Abu Dhabi licensing bid unrelated to US settlement
Former Binance CEO Changpeng Zhao, who pleaded guilty to one felony count in the United States in November, may not be able to return to the UAE before being sentenced.
Bitcoin Whales Driving The Rally Are Now Taking Profits, Data Suggests
Data shows that the Bitcoin whales that may have been helping drive the latest rally have switched to profit-taking instead. Bitcoin Whales On BitMEX Have Changed Their Tune Recently An analyst in a CryptoQuant Quicktake post explained that the…
Harvard scientists claim breakthrough, ‘advent of early error-corrected quantum computation’
The team’s results, once reviewed, could represent a significant milestone in quantum computing research.
The Money Fight
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.I always find it funny when I am attending a Bitcoin event like Bitcoin 2023 — or next year’s Bitcoin 2024 in Nashvil