5 Nov 24 - 💰 Bitcoin’s purpose has shifted from daily currency to a high-value investment. While ETF approvals and institutional interest drive sentiment, its adoption for everyday transactions remains low, hindered by volatility and high fees, transforming it into “digital gold.”

5 Nov 24 - 📈 Bitcoin nears ATH as U.S. election week heightens volatility expectations. BTC futures/options see surging open interest, with implied volatility up 74.4%, signaling a risk premium. Meanwhile, ETH struggles below $2.7k as crypto markets brace for election impact.

5 Nov 24 - 🌍 Deutsche Telekom is set to mine Bitcoin using surplus renewable energy, marking a new sustainable venture. Partnering with Bankhaus Metzler, the telecom giant aims to stabilize Germany’s power grid with Bitcoin miners, converting excess energy into digital value.

5 Nov 24 - ⚖️ Microsoft risks shareholder lawsuit if it rejects Bitcoin and prices surge, warns NCPPR. Shareholders will vote in December on assessing Bitcoin investment. Microsoft’s board advises against, but NCPPR argues it could harm shareholder interests if Bitcoin rises.

5 Nov 24 - 📈 Marathon & Riot report their highest BTC production since April’s halving. Marathon mined 717 BTC ($48.8M), boosting hashrate to 40 EH/s. Riot produced 505 BTC ($34.4M), raising hashrate to 29.4 EH/s. Both firms eye further hashrate growth into 2024.

5 Nov 24 - 📉 US Bitcoin ETFs saw $541.1M in outflows on Nov. 4, their second-biggest day ever, as traders trimmed positions ahead of the election. BlackRock’s IBIT was the only ETF with inflows, while Fidelity’s FBTC led outflows at $169.6M amid election uncertainty.

5 Nov 24 - 🎶 Musicians are using Bitcoin’s blockchain to secure music ownership, ensure fair royalties, and bypass streaming platforms. Artists like Violetta Zironi leverage Ordinals for on-chain music, preserving their work forever and opening new revenue streams.

5 Nov 24 - 💼 A UK pension fund allocates 3% of assets to Bitcoin, marking the first such move in Britain. This strategic investment aims to diversify and leverage Bitcoin’s unique risk-return profile, potentially setting a trend for wider institutional crypto adoption.

5 Nov 24 - 📈 Bitcoin could hit $90K if Trump wins but drop to $50K with a Harris victory, says Bernstein. Analysts believe the crypto will rally to $200K by 2025 regardless, as ETFs drive strong institutional inflows, making Bitcoin resilient to election outcomes.

Review of Bybit Crypto Exchange at https://youtu.be/wpjAV2483wk

4 Nov 24 - 🛡️ BlackCat ransomware, also known as ALPHV, is a sophisticated malware targeting crypto and other sectors with high-impact double extortion tactics. Demanding crypto payments, this ransomware group exploits vulnerabilities on Windows and Linux systems, making it a formidable threat.

4 Nov 24 - 💼 Strive, co-founded by Vivek Ramaswamy, launches a wealth management unit with Bitcoin integration, aiming to offer Americans “true financial freedom.” Led by former Bernstein exec Gary Dorfman, Strive’s move follows a $30M Series B and a relocation to Dallas.

4 Nov 24 - 🎬 Heather Morgan, aka “Razzlekhan,” seeks a “time served” sentence in the Bitfinex Bitcoin laundering case. Morgan, who pleaded guilty to laundering $8.2B in BTC, has cooperated with investigators. Prosecutors recommend 18 months, citing her minor role.

4 Nov 24 - 📊 Top Bitcoin addresses for Sept 2024: The largest holder, address 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, holds 248,598 BTC. Other top wallets include Bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97 with 180,010 BTC, and Bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 with 140,625 BTC.

4 Nov 24 - 🧑‍💻 Who holds the most Bitcoin? Anonymous creator Satoshi Nakamoto is believed to own 1.1M BTC across 20,000 addresses. Top billionaire holders in 2024: Changpeng Zhao ($33B), Brian Armstrong ($11.2B), Giancarlo Devasini ($9.2B), Michael Saylor ($4.4B), Jean-Louis van der Velde ($3.9B).

4 Nov 24 - 🏦 Top 10 Bitcoin-holding companies: MicroStrategy leads with 226,331 BTC, followed by Marathon Digital (17,320) and Galaxy Digital (15,449). In total, public companies hold 335,777 BTC, while private firms lead with 396,278 BTC in treasury holdings.

4 Nov 24 - ⚠️ Colorado man loses $6K+ in Bitcoin after scammers pose as police over fake jury duty call. Crypto fraud cases rise statewide; authorities urge caution as spoofed calls trick victims into ATM transfers. FBI warns on irreversible crypto transactions.

4 Nov 24 - 🚀 Facing rising costs, Bitcoin mining firms are turning to AI to diversify income. Core Scientific, Hut 8, and Hive Digital now host Nvidia GPUs for AI workloads, balancing mining costs with new revenue. Russia tightens mining regulations, requiring firms to register.

4 Nov 24 - 📈 In October, Bitcoin’s Sharpe ratio of 4.35 led major tech, outperforming Nvidia (3.65), Google (1.38), and Amazon (0.33). Despite 11% volatility, BTC proved resilient, challenging its “speculative” label and outpacing tech giants on risk-adjusted returns.

4 Nov 24 - 💰 Cantor Fitzgerald CEO Howard Lutnick, with a $13.2B fortune, reveals “hundreds of millions” invested in Bitcoin, aiming to reach billions. He envisions BTC as a commodity like gold, paving the way for wider integration in traditional finance.