20 Nov 24 - 💸 Thumzup to Pay Gig Workers in Bitcoin: Nasdaq-listed Thumzup will add Bitcoin payments via Coinbase for gig workers starting Jan 2025. CEO Robert Steele highlights faster transactions, lower fees, and financial privacy as key benefits of this initiative.
20 Nov 24 - 📰 BlackRock Denies US Bitcoin Reserve Claims: Journalist Eleanor Terrett revealed BlackRock doesn’t back a strategic US Bitcoin reserve, contrary to claims by Dennis Porter. While Porter predicted Trump’s Bitcoin reserve stance, its US adoption remains unclear.
20 Nov 24 - 📊 JPMorgan: Bitcoin Mining Economy Surges: Bitcoin mining profitability rose 29% in November as BTC’s price outpaced hashrate growth. Market value of mining firms jumped $8B, fueled by higher fees and BTC’s rally post-Trump’s win. U.S. miners hold 28% global share.
20 Nov 24 - ⚡ Russia to Restrict Crypto Mining in 13 Regions: To save electricity, Russia plans mining bans in key regions like Irkutsk and Siberia, lasting until 2031. This targets peak demand seasons, impacting major miners like BitRiver relying on cheap hydroelectric power.
20 Nov 24 - 💰 Hoth Therapeutics Allocates $1M to Bitcoin: The biotech firm adds BTC to its treasury, citing its inflation-resistant value. CEO Robb Knie links the move to rising Bitcoin ETF approvals and market interest, reflecting growing business adoption of BTC.
20 Nov 24 - 📊 Grayscale Joins Bitcoin ETF Options Market: Following BlackRock’s IBIT debut with $1.9B traded, Grayscale launches options on its Bitcoin ETFs, including GBTC. Investor demand drives Bitcoin to $94K, as Grayscale leverages its recent SEC legal victory.
20 Nov 24 - 📈 Bitcoin Hits $94K: Bitcoin surged to a record $94,378 as reports of Trump’s social media firm acquiring Bakkt fuel crypto optimism. Traders expect pro-crypto policies under his administration, boosting ETF options trading and global crypto market cap to $3T.
20 Nov 24 - 💸 BIT Mining Fined $10M for Bribery: BIT Mining, formerly 500.com, admitted to $2.5M in bribes to Japanese officials (2017-2019) for casino bids. It agreed to pay $10M in fines to the SEC and DOJ. Ex-CEO Zhengming Pan is charged for concealing payments.
20 Nov 24 - 🔗 Coinbase to Delist WBTC: Coinbase will suspend Wrapped Bitcoin (WBTC) trading on Dec. 19, 2024, citing failure to meet listing standards. Users can still withdraw funds. WBTC, backed by BitGo, holds $13B TVL. Coinbase promotes cbBTC, its $1.4B rival.
20 Nov 24 - 💼 Trump Names Lutnick as Commerce Secretary: President-elect Trump taps crypto advocate and Cantor Fitzgerald CEO Howard Lutnick for Commerce Secretary. Lutnick, tied to Tether’s $129B portfolio, is a Bitcoin supporter planning a $2B BTC financing venture.
20 Nov 24 - 📊 Saylor to Pitch Microsoft on Bitcoin: Michael Saylor will present a 3-minute pitch to Microsoft’s board on Dec. 10, advocating for Bitcoin investment. The move follows a proposal by NCPPR, highlighting BTC’s role in stability and shareholder value amid Microsoft’s cash reserves.
20 Nov 24 - 📈 BlackRock Bitcoin ETF Options Surge: BlackRock’s spot Bitcoin ETF options debuted with a record $1.9B in first-day trading volume. Bloomberg analyst Eric Balchunas called it “unheard of for day one,” signaling strong market demand and optimism.
20 Nov 24 - 📊 Trump Media Eyes Crypto Expansion: Trump Media is reportedly in talks to acquire crypto platform Bakkt in an all-stock deal. Bitcoin hit $93,500, and Dogecoin surged 11% as markets rallied on optimism about Trump’s pro-crypto stance and second-term plans.
20 Nov 24 - 💰 Man Sues for £500M Lost Bitcoin: James Howells, who binned a hard drive holding 8,000 BTC in 2013, now valued at £569M, is suing Newport City Council for denying landfill access. He claims he pinpointed the drive’s location but faces environmental objections.
20 Nov 24 - 🕵️ Bitcoin Scam Allegations Shake Maharashtra Elections: India’s ruling party, BJP (Bharatiya Janata Party), accuses Supriya Sule and Nana Patole of a 2018 crypto fraud linked to campaign funding, citing leaked audio clips. Sule denies claims, calls it a smear tactic, and files a cybercrime complaint.
20 Nov 24 - 📈 Bitcoin Hits $94K for the First Time: Bitcoin surged to $94,078 as reports of Trump Media’s talks to acquire crypto firm Bakkt fueled optimism for a crypto-friendly administration. Combined with BlackRock ETF trading, Bitcoin’s market cap tops $3T.
20 Nov 24 - 🪙 $2M Bitcoin Treasure Hunt Unveiled: Investor Jon Collins-Black hid $2-3M in treasure chests across the US, including a Casascius Bitcoin, emerald, and Pokémon card. Clues are in his book, with no dangerous stunts or private land involved. Finders keepers!
19 Nov 24 - 💰 Metaplanet Issues $11.3M Bonds for Bitcoin: Japanese firm Metaplanet plans to raise 1.75B yen via bonds at 0.36% interest, maturing Nov. 2025, to expand its 1,018 BTC stash ($64M). Secured by real estate, it mirrors MicroStrategy’s Bitcoin strategy.
19 Nov 24 - 📈 Hedge Funds Bet Big on Bitcoin ETFs: Millennium, Capula, and Tudor boosted U.S. spot Bitcoin ETF holdings in Q3 amid election-driven arbitrage. Millennium doubled iShares Bitcoin Trust shares to $849M, holding $1.7B in crypto ETFs as Bitcoin hit $90K.
19 Nov 24 - 💰 Genius Group Buys Bitcoin for Treasury: AI firm Genius Group kicks off a $120M Bitcoin treasury plan with an initial $10M BTC buy at $90,932 per coin. CEO launches podcast to guide firms on Bitcoin adoption as stock rises 22% since the announcement.