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SEC Chair Gary Gensler says he’ll step down on January 20th
SEC Chairman Gary Gensler has announced that he will be stepping down from his role of horrors on January 20th, 2025, which is the same day President-elect Donald Trump will be taking back the White House. He said: “The SEC is a remarkable agency. The staff & the Commission are deeply mission-driven, focused on protecting […]Cryptopolitan
Nov 21, 2024
Elon Musk sets a Diablo 4 global record
Elon Musk, with companies like Tesla, SpaceX, X on his table managed to reach the top rank in Diablo 4. He completed the level of 150 Atificer’s Pit challenged in minimum 1:52, setting a potential record globally. This time easily beats the current record holder of the Pit who goes with the name Resistance timed […]Cryptopolitan
Nov 21, 2024
Bitcoin whale MicroStrategy sees its stock plunge after Citron bets against it
MicroStrategy took a massive hit on Thursday after Citron Research revealed it’s betting against the company. The stock dropped by as much as 10% in intraday trading, reversing earlier gains of nearly 15%. Citron described the company’s Bitcoin-heavy strategy as detached from reality, effectively calling out its transformation into a Bitcoin investment vehicle. MicroStrategy’s stock […]Cryptopolitan
Nov 21, 2024
Huawei targets to mass produce Ascend 910C in Q1 2025 amid US sanctions
Chinese firm Huawei plans to commence the mass production of its latest AI chips during the first quarter of 2025, despite US restrictions on the importation of advanced chips into the Asian country. According to a Reuters report which cited two people familiar with the matter, Huawei is already battling to produce enough chips because […]Cryptopolitan
Nov 21, 2024
Galaxy Digital CEO Mike Novogratz warns of Bitcoin correction soon, says market is overleveraged
Bitcoin is racing toward $100,000, smashing records along the way. Early Thursday, it traded at $97,000, with a new all-time high of $98,367. But not everyone’s popping champagne. Mike Novogratz, the CEO of Galaxy Digital and a seasoned crypto investor, is one of the skeptics. “Bitcoin hitting six figures feels inevitable,” he said on Squawk […]Cryptopolitan
Nov 21, 2024
SUI network stalled block production for two hours
SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.Cryptopolitan
Nov 21, 2024
Microsoft Xbox Cloud Gaming enables streaming five years later
Gamers can now stream a limited catalog of games after Microsoft launched Xbox Cloud Gaming. The feature, first announced in 2019, is available to Xbox Game Pass Ultimate subscribers with a limited catalog of games. The feature’s Xbox console support is planned for 2025.Cryptopolitan
Nov 21, 2024
Nvidia’s NVDA makes a new record high as stocks revive, Bitcoin tops $98,000
Nvidia’s NVDA stock smashed through another barrier on Thursday, hitting a record high at market open. Shares jumped 4%, briefly touching $152.89 per share, pushing Nvidia’s valuation past $3.7 trillion. This made Nvidia $250 billion richer than Apple ($AAPL), solidifying its place as the most valuable public company. But it wasn’t all smooth sailing. Within […]Cryptopolitan
Nov 21, 2024
JP Morgan and Mastercard team up to bring foreign exchange on blockchain
Mastercard’s MTN (Multi Token Network) is collaborating with JP Morgan’s Kinexys aka Onyx for the B2B transfer of tokenized assets across borders. In the press release published on Thursday, November 21st, it was shared that the companies are joining hands in order to bring improvements in the B2B cross-border payments by “providing greater transparency and […]Cryptopolitan
Nov 21, 2024
Marathon Digital raises $1B to buy Bitcoin
Mara Holdings has raised $1 billion to primarily acquire bitcoin. These funds were raised through the private offering of 0.00% convertible senior notes due 2030. Two days ago the company had announced increasing its convertible note offering from $700 million to $850 million. These notes were issued to institutional investors falling under specific criteria and […]Cryptopolitan
Nov 21, 2024
Peter Schiff : ‘Clearly I wish I bought Bitcoin’
Peter Schiff, Chief Economist and global strategist, has repeatedly regretted not buying Bitcoin as soon as he heard about the asset back in 2010. However, he remains a strong Bitcoin critic and emphasizes that Gold is superior to Bitcoin.Cryptopolitan
Nov 21, 2024
