Source: Cointelegraph New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. A newly proposed bill in Brazil’s Congress plans to establish a sovereign federal Bitcoin Reserve, potentially reshaping the country’s approach to digital assets. The bill was introduced on Nov. 25 by Congressman Eros Biondini and seeks… Continue reading Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
Category: Market News
Big victory in Tornado Cash case as judge says OFAC exceeded authority
Source: Cointelegraph A US appeals court said Treasury’s OFAC “overstepped” when it sanctioned Tornado Cash’s immutable smart contracts, leading to a nearly 900% surge in TORN. Tornado Cash users have scored a major victory in a United States appeals court after a three-judge panel found the Treasury’s sanctions against the crypto mixer’s immutable smart contracts… Continue reading Big victory in Tornado Cash case as judge says OFAC exceeded authority
Bitcoin ETFs Attract Record $3.13 Billion in Weekly Inflows Amid $100K Price Surge Hopes
Source: CoinMarketCap Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares. Bitcoin investment products experienced a surge in net inflows, reaching $3.12 billion between Nov. 18 and 22, according to CoinShares. This marks a 102% increase compared to the $1.67 billion from the prior… Continue reading Bitcoin ETFs Attract Record $3.13 Billion in Weekly Inflows Amid $100K Price Surge Hopes
Greece breaks ground on new data center, advancing tech and AI hub ambitions
Source: Cointelegraph The French firm Data4 and the Greek government broke ground on a new data center outside of Athens to help position Greece as a strategic hub for tech and AI. Greece is on track to establish itself as a regional hub for technology and artificial intelligence with the development of two new data… Continue reading Greece breaks ground on new data center, advancing tech and AI hub ambitions
MicroStrategy expands Bitcoin holdings with $5.4B purchase
Source: Cointelegraph MicroStrategy acquired 55,000 Bitcoin for $5.4 billion, boosting its holdings to 386,700 BTC amid bullish institutional sentiment. MicroStrategy, a publicly traded business intelligence and software firm, reported a substantial expansion of its Bitcoin holdings in a filing on Nov. 25. The company acquired about 55,000 Bitcoin (BTC) for $5.4 billion between Nov. 18… Continue reading MicroStrategy expands Bitcoin holdings with $5.4B purchase
HashKey Global Announces Web3 Partnership with Sonic, Becoming The Exchange’s first Gaming Partner with a focus on Solana Ecosystem
Source: Finance Feeds Licensed virtual asset exchange HashKey Global has announced a partnership with Sonic, a layer-2 network in the Solana ecosystem. Sonic will become HashKey Global’s Web3 partner. The two parties will collaborate around the Solana ecosystem to provide more innovative experiences for global players and digital asset users. Leveraging HashKey’s strong trading resources… Continue reading HashKey Global Announces Web3 Partnership with Sonic, Becoming The Exchange’s first Gaming Partner with a focus on Solana Ecosystem
Ripple launches first tokenized money market fund on XRP ledger through UK partnership
Source: Cryptoslate Ripple invests $5 million into Abrdn fund as XRPL becomes a rising platform for RWA tokenization. Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as… Continue reading Ripple launches first tokenized money market fund on XRP ledger through UK partnership
ZA Bank Becomes First Asian Bank to Offer Retail Crypto Trading Services
Source: Cryptonews Through its mobile app, users can now trade leading cryptocurrencies in Hong Kong dollars (HKD) and U.S. dollars (USD). Hong Kong’s ZA Bank has announced its entry into crypto trading, becoming the first bank in Asia to offer retail users direct access to digital assets. Through its mobile app, users can now trade… Continue reading ZA Bank Becomes First Asian Bank to Offer Retail Crypto Trading Services
The gaming lesson from Off The Grid and Telegram? Put blockchain in the background
Source: CryptoSlate Off The Grid’s seamless blockchain integration lets players focus on gameplay, while Telegram hides crypto complexity. Off The Grid could be the mainstream moment we’ve been waiting for in web3 gaming – not because it flaunts blockchain features, but because it doesn’t. The major console release integrates NFTs and blockchain in the background,… Continue reading The gaming lesson from Off The Grid and Telegram? Put blockchain in the background
NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin
Source: Cointelegraph November has already surpassed October’s total volume, continuing strong market momentum for NFTs. Non-fungible tokens (NFTs) maintained a solid weekly sales volume despite a slight decline compared with the previous week’s surge. On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a strong week, recording a sales volume of about… Continue reading NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin
