A veteran technology investor is urging cryptocurrency holders to sell their Bitcoin (BTC) and redirect capital toward Super Intelligence initiatives. Jason Calacanis …
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Markets
Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%
by shayaanby shayaanBlur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under …
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Regulation
CFTC Chair Says New Crypto Rulemaking Will Prevent Another FTX-Style Collapse
by shayaanby shayaanThe CFTC and other regulators are pushing ahead with rulemaking for the crypto space, despite lawmakers last month blocking the long-awaited Clarity …
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Regulation
Strategy Founder Michael Saylor Argues Clarity Act Collapse Is a Win
by shayaanby shayaanBitcoin treasury founder and pioneer Michael Saylor has said that the blockage of the Clarity Act is actually good for the digital …
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Markets
Robinhood Chain fees collapse 97% even as transactions stay near record highs
by shayaanby shayaanSeven-day average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. www.coindesk.com
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Police have arrested more people in Poland as part of the probe into the collapse of a leading coin trading platform in …
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Markets
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
by shayaanby shayaanThe Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of …
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Mining
Bitcoin miners saved Texas power grid from collapse, but their lucrative pivot to AI is stripping away the emergency brake
by shayaanby shayaanTexas broke its all-time electricity demand record twice in two days last week. ERCOT served a preliminary 91,308 megawatts around 5 p.m. …
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Mining
Zero mining revenue, 98% cash collapse, 2 million mysterious shares sets up miner’s 7 billion share survival play
by shayaanby shayaanSOS Limited shareholders approved steps that could expand the crypto-linked company’s authorized share pool 100-fold, giving it far more room to raise …
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Markets
Bitcoin treasury companies sell up, repay debt, pivot to AI as share prices collapse
by shayaanby shayaanFalling share prices, debt obligations and difficult market conditions are forcing former bitcoin accumulators to sell their holdings and restructure operations. www.coindesk.com