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Outspoken crypto influencer slams Bitcoin for being a speculative plaything for the rich
A prominent crypto influencer has criticized Bitcoin (BTC) for being an antithesis of its founder’s vision. Justin Bons, a vocal BTC critic and the founder and CIO of Cyber Capital, took to X to slam the premier crypto for failing to uphold Satoshi Nakomoto’s dream of being a P2P digital cash and gold. He wrote: […]Cryptopolitan
Nov 25, 2024
Pump.fun shuts down live streaming indefinitely following heavy backlash
Pump.fun has slammed the brakes on its live streaming feature after a flood of horrific incidents turned the platform into a nightmare. Once hailed as an innovative tool for crypto creators to hype their meme coins, the livestream function quickly spiraled into chaos, with users exploiting it for violence, threats, and outright insanity. Crypto chaos […]Cryptopolitan
Nov 25, 2024
President Donald Trump holds over $5.4 million in cryptos, Ether is his largest
President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown? Ethereum (ETH) leads the pack, with 495.664 ETH valued at $1.72 million. Polygon-based wrapped Ether (WETH) follows close, totaling 478.787 tokens and adding $1.66 million to his stash. Trump also holds over […]Cryptopolitan
Nov 25, 2024
Crypto Today: ADA, AVAX, TON in profit as BTC stalls at $100K
Altcoin market updates: ADA, AVAX, TON emerge as top gainers While BTC has stagnated on Monday, traders are redirecting capital toward mid-cap assets, driving the likes of Cardano (ADA), Avalanche (AVAX) and Toncoin (TON) above key resistance levels.
With 9,100 BTC on hand, Hut 8 CEO asks: Should we add more? 94% of voters say ‘yes’
When Hut 8 CEO Asher Genoot dropped a poll on X (formerly Twitter), he got a response that even Bitcoin maxis would envy. “Hut 8 already holds 9,100 Bitcoin on our balance sheet. Should we increase our Bitcoin reserves?” he asked. The results? A resounding 93.7% yelled “yes.” Just 2.8% opted to hold steady, while […]Cryptopolitan
Nov 25, 2024
WisdomTree files to launch XRP ETF in Delaware, USA
WisdomTree, the New York-based asset manager handling over $113 billion in assets, has filed an application to establish an XRP exchange-traded fund (ETF) in Delaware, United States. The proposed fund, named the WisdomTree XRP Fund, claims to give investors regulated exposure to XRP, the sixth-largest crypto by market capitalization. This step puts WisdomTree in direct […]Cryptopolitan
Nov 25, 2024
Amazon plans to reduce its reliance on Nvidia for AI chips
Nvidia’s biggest customer, Amazon.com, is settled to become a power in AI chips, hence reducing reliance on Nvidia. Amazon, being their biggest client, depends on them for a $100-billion-plus market for artificial intelligence chips. The engineers are toiling to loosen Nvidia’s grip on providing the AI chips. They have confirmed that their goal is to […]Cryptopolitan
Nov 25, 2024
Biden administration slashes Intel’s AI chips grant to under $8B
The Biden administration has decided to cut Intel’s much-anticipated CHIPS Act grant from $8.5 billion to less than $8 billion. The reduction follows a series of delays in Intel’s investments amid other struggles within the company. Reports say the funding cut was influenced by Intel’s $3 billion contract to produce chips for the U.S. military. […]Cryptopolitan
Nov 25, 2024
MicroStrategy sets new record with another $5.4B Bitcoin purchase
MicroStrategy is now sitting on 55,000 more Bitcoin after spending an additional $5.4 billion on the cryptocurrency. With the purchase, the company’s Bitcoin reserves total 386,700 BTC. According to a filing released on November 25, Bitcoin was trading at an average price of $97,862 between November 18 and 24, and the acquisition was conducted during […]Cryptopolitan
Nov 25, 2024
