Daily Bitcoin News
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Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases

Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin Reserves Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) announced its Q3 2024 results on Wednesday,...

Fri Nov 1, 2024 01:41
DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle

A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that a federal jury in Tampa, Florida, found Berman Jerry Nowlin,...

Fri Nov 1, 2024 00:42
Nexo Launches Digital Asset Wealth Platform in Strategic Rebrand

Nexo has announced a rebranding initiative, repositioning itself as a digital asset wealth platform aimed at long-term crypto wealth management. Nexo Targets Wealthy Investors With Rebrand Amid Crypto Market Changes According to the announcement shared with Bitcoin.com News, the development aligns with the evolving crypto landscape as Nexo seeks to...

Fri Nov 1, 2024 00:42
Build on Bitcoin Protocol Joins Superchain as First Hybrid L2

BOB, short for “Build on Bitcoin,” is now part of the Superchain ecosystem, a network expanding with Optimism’s OP Stack. As a hybrid layer-two (L2) solution, BOB taps into the strengths of both Bitcoin and Ethereum, merging Bitcoin’s security with Ethereum’s adaptable framework. This blend overcomes Bitcoin’s limitations in smart contracts and interoperability,...

Thu Oct 31, 2024 23:42
‘Trump Victory’ Stock Rallies in China Before US Elections

Wisesoft, a software company that builds air control programs, has doubled its share prices in the last month due to the association of its Chinese name with the victory of candidate Donald Trump in the upcoming U.S. presidential elections. Donald Trump Victory Stock Rises in Anticipation of Election Outcome Wisesoft, a company that builds software...

Thu Oct 31, 2024 22:41
Pound Sterling Suffers Biggest Drop in 18 Months Amid Reeves’ Tax-and-Spend Storm

Following the latest budget reveal, the pound sterling has taken a sharp tumble, fueled by mounting worries about the U.K.’s fiscal outlook. Chancellor Rachel Reeves’ decision to pump £70 billion into government spending—funded through additional borrowing—has stirred up significant unease among investors. They’re concerned this move could lead to higher...

Thu Oct 31, 2024 21:41

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