Trump trade over? Bitcoin, Ethereum ETFs see first outflow since election

November 15, 2024 Coin Telegraph

Bitcoin

Spot crypto ETFs in the US saw outflows for the first time since Donald Trump was elected president, as both Bitcoin and Ethereum fell on the day.

United States-based spot Bitcoin and Ethereum exchange-traded funds (ETFs) bled on Thursday, ending a run of inflows since Donald Trump was elected president on Nov. 5.

Farside Investors shows the 11 Bitcoin ETFs together posted a net outflow of $400.7 million on Nov. 14 as Bitcoin (BTC) saw a drop on the day and was down 2% over the last 24 hours at $88,200.

The only two funds to see positive flows were BlackRock’s iShares Bitcoin Trust ETF, which had $126.5 million worth of net inflows alongside a minor $2.5 million flow into the VanEck Bitcoin ETF.

<div>The Two Papa John's pizzas ordered in 2010 now close to B mistake</div>

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

MicroStrategy’s Bitcoin portfolio surpasses $20B, ROI now over 100%

November 11, 2024 Coin Telegraph

<div>MicroStrategy's Bitcoin portfolio surpasses B, ROI now over 100%</div>

Average Purchasing Price

The Bitcoin stacking firm has bought Bitcoin 42 times at a dollar cost average of $39,292, according to Bitcoin Treasuries data.

Business intelligence firm MicroStrategy’s Bitcoin stash has just crossed over $20 billion in value as Bitcoin rallied above $80,000.

MicroStrategy’s 252,200 Bitcoin (BTC) is now worth $20.54 billion — putting the company up over 104% on its Bitcoin investment strategy, according to “Saylor Tracker,” named after the firm’s executive chairman, Michael Saylor.

Source: Michael Saylor

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program

November 10, 2024 Bitcoin.com

AI Adoption

The Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program to support Africa-focused artificial intelligence (AI) platforms. The launch precedes the expected announcement of a […]

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

G7 antitrust watchdogs signal possible action on AI sector competition

October 7, 2024 Coin Telegraph

antitrust

The G7 nations want to ensure AI isn’t used to facilitate "collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly.

G7 nations’ antitrust authorities have signaled they may take “vigorous” enforcement action to protect competition in the artificial intelligence sector to tackle risks before they become “entrenched or irreversible.”

The watchdogs said in an Oct. 4 communiqué after a two-day summit in Rome that they want to reduce the “competitive bottlenecks” that hinder new AI entrants compared to established firms, which often get first access to generative AI tools, data and specialized chips.

They added they want to ensure AI isn’t used to facilitate “collusion” between AI firms as it could lead to price controls, sharing competitively sensitive information — or creating a monopoly.

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

‘Ancient’ Bitcoin whale moves more BTC mined from 2009: Arkham

October 5, 2024 Coin Telegraph

Arkham Intelligence

The mysterious Bitcoin whale has now sent $3.58 million worth of Bitcoin to Kraken’s crypto exchange, Arkham Intelligence said.

An “ancient” Bitcoin whale that mined BTC in the Bitcoin network’s first two months of existence has moved more BTC to cryptocurrency exchange Kraken, a blockchain data firm says.

“This Bitcoin was mined ONE MONTH after Bitcoin’s launch in Feb/March 2009,” Arkham Intelligence pointed out in an Oct. 4 X post.

The mysterious Bitcoin whale transferred 10 Bitcoin (BTC) — worth $610,000 — in the latest Oct. 3 transfer.

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Bitcoin miner wallets awaken after over 15 years — Is this Satoshi?

September 20, 2024 Coin Telegraph

Analytics

Five miner wallets that received block rewards weeks after Bitcoin launched have started moving their coins.

Wallets belonging to early Bitcoin miners who received coins as rewards shortly after the blockchain’s launch by its pseudonymous creator, Satoshi Nakamoto, have recently been observed moving their BTC.

On Sept. 20, five miner wallets that received 50 Bitcoin (BTC) each as block rewards in 2009 started to move their funds. Blockchain data shows that one wallet received the mining reward on Jan. 29, 2009, while three received block rewards on Jan. 31, 2009. The last wallet received a block reward on Feb. 2, 2009.

One of the Bitcoin wallets seen moving mined BTC. Source: Blockchain.com

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Free online service model might be coming to an end—Mental Outlaw

September 15, 2024 Coin Telegraph

Big Tech

According to Visual Capitalist, Amazon Web Services, Google, and Microsoft collectively control roughly 74% of the public cloud market.

Google is deleting old user accounts that have been inactive for at least two years, and tech YouTuber "Mental Outlaw" believes the move signifies that the company is running out of storage—which might indicate the decline of free online service models.

Mental Outlaw explained that many early users of Gmail used the service as a form of cloud storage—saving gigabytes of photos and files on the platform. The tech-focused YouTube influencer said that Google's initiative to reclaim underused space and abandoned accounts indicates that the free storage services are becoming too costly for Google to maintain.

Cloud storage by type in 2023. Source: MarketsandMarkets.

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Computer Scientist: Users Will Value Decentralized Systems More as Web3 Tech Matures

September 7, 2024 Bitcoin.com

bitcoin.com

The general public is not actively concerned about whether applications are decentralized because they often cannot tell the difference between centralized and decentralized systems, according to Cais Manai, co-founder of Obscuro Labs. What matters more to them, Manai argues, is how decentralization can address real-world issues. Users Set to Value Decentralized Systems More As an […]

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Crypto liquidations may be way worse than data has let on, suggest researchers

September 2, 2024 Coin Telegraph

Binance

“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research.

The amount and scale of crypto market liquidations could be much worse than data from major exchanges suggest, according to a researcher.

On Aug. 29, K33 Research senior analyst Vetle Lunde reported that major cryptocurrency exchanges such as Binance, Bybit, and OKX had significantly altered their reporting of liquidation data since 2021.

These alterations meant that exchanges recorded one liquidation per second instead of reporting all liquidations.

The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

EU MiCA implementation is a “pivotal moment” for crypto regulations: compliance expert

August 2, 2024 Coin Telegraph

bitcoin regulation

The European Central Bank recently joined forces with Crystal Intelligence, as its blockchain analytics partner for the upcoming MiCA implementation.

The European Union is preparing to roll out the Markets in Crypto Assets (MiCA) bill, as the first comprehensive regulatory framework for the crypto industry.

This would make the European Union the first jurisdiction with a holistic regulatory framework on digital assets.

While it is a pivotal moment for crypto regulation, the actual implementation could present significant challenges, according to Hedi Navazan, the head of compliance and regulatory affairs at Crystal Intelligence.

Data

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