Author: CryptoHoppers
Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded net outflows of $400.67 million on Thursday, ending their positive run over the previous six trading days. The majority of the outflows were led by Fidelity’s FBTC, which logged outflows of $179.16 million—its highest outflow day since May 1, when it recorded $191.1 million in outflows. ARK and 21Shares’ ARKB followed closely, with $161.72 million exiting the fund. Bitwise’s BITB…
Key Takeaways XRP surged 20% to reach $0.83 after Gary Gensler hinted at resignation. New SEC leadership could lead to lawsuit dismissals benefiting XRP and other tokens. Share this article XRP, Ripple’s native token, jumped approximately 20% to $0.83 after Gary Gensler hinted that he might step down as SEC Chairman during a speech on Thursday.Source: CoinGeckoAccording to data from CoinGecko, XRP has surged past $0.83—its highest level since July 2023 after the crypto asset was determined as non-security when sold on exchanges under a New York court ruling.XRP’s market value still trails behind Dogecoin, the meme token king. Dogecoin’s…
“Hybrid Species” showcases Hummel’s expertise in digital tools, using a range of software including Adobe Photoshop, Adobe AfterEffects, Maxon Cinema4D, Stable Diffusion, Midjourney, and Adobe Firefly. The project’s 4K resolution (4096x4096px) ensures that viewers can appreciate the intricate details of each floral creation. Hummel’s AI-integrated workflow allows for a dynamic and iterative process, with designs evolving through the delicate balance of human intention and machine randomness. By tapping into AI’s potential, Hummel has expanded his artistic capabilities, producing flora that feels both synthetic and authentic, rooted in nature but reborn through technology. Hannes Hummel: A Visionary in New Media Art…
The Bank of Russia aims to open the payment infrastructure for the Russian central bank digital currency (CBDC), the digital ruble, by July next year. Larger banks will offer digital ruble accounts and services by this deadline, with smaller institutions following later. The initiative seeks to enhance payment efficiency and reduce costs, with retailers also […] Source link
Key Takeaways Federal agents seized electronics from Polymarket CEO Shayne Coplan’s residence after the platform predicted Trump’s election win. The seizure might be politically motivated, despite no official reason being provided for the raid. Share this article Federal agents seized electronic devices from Polymarket CEO Shayne Coplan’s Soho residence early Wednesday morning, a week after the prediction market platform correctly forecast Donald Trump’s presidential election victory.According to a report by the New York Post, law enforcement officers arrived at the 26-year-old entrepreneur’s home at 6:00 a.m. to confiscate his phone and other electronics, a source close to the matter said.…
In a social media-driven world where a single post can send the rumor mill spinning, McDonald’s has set off a frenzy of speculation with its latest cryptic video. Shared on Tuesday across their social media channels, this seemingly simple animated teaser has prompted buzz around two very different theories: could McDonald’s be bringing back its beloved all-day breakfast, or is a groundbreaking collaboration with the popular Doodles NFT project on the horizon? Regardless of what unfolds, this post has already had a noticeable impact on the Doodles NFT market, with sales volumes spiking. Here’s everything we know about the McDonald’s…
Mara Holdings continues to grow its bitcoin bag despite lower than projected Q3 earnings. Digital Assets Remain Key for Mara Holdings Mara Holdings’ earnings report revealed the company added 8,280 bitcoin to its already existing portfolio of 18,467 bitcoin in Q3. This raised its total bitcoin holding to 26,747 BTC. The latest addition to its […] Source link
Apple Studios and A24 are working on a movie about former FTX CEO Sam Bankman-Fried, adapted from the best-selling Michael Lewis book ‘Going Infinite: The Rise and Fall of a New Tycoon.’ According to a Variety report, Apple Studios and A24 will co-develop and co-produce a film about Michael Lewis’ book “Going Infinite” which explores the success and downfall of the crypto exchange FTX and its founder, Sam Bankman-Fried. Lena Dunham is reportedly going to write the script for the movie adaption. Dunham is best known for creating, starring in, directing, and executive producing the HBO series “Girls,” which she…
Japanese crypto exchange Bitbank has launched a new subsidiary, Bitbank Ventures, dedicated to investing in blockchain projects worldwide. This global arm aims to support startups from pre-seed to Series A, focusing on helping foreign blockchain projects enter the Japanese market. Bitbank Ventures will target layer 1 and 2 projects and AI, gaming, and web3 initiatives. The launch reflects Japan’s growing interest in international crypto expansion, with major players like bitFlyer and DMM also exploring overseas growth. Bitbank’s extensive domestic network positions it well for bridging global blockchain projects with Japan. Source link
Key Takeaways Donald Trump plans to nominate Elon Musk and Vivek Ramaswamy for a new Department of Government Efficiency. The department aims to save $2 trillion in tax spending by auditing and reforming federal operations. Share this article President-elect Donald Trump is picking tech entrepreneur Elon Musk and biotech executive Vivek Ramaswamy to lead a new Department of Government Efficiency following his presidential victory, according to a new statement shared by Karoline Leavitt, a spokesperson for Trump’s transition team.DOGE’s primary goal is to identify and eliminate inefficiencies in federal spending, which amounts to over $6.5 trillion annually. The new department…