Mobile Crypto Apps Surge in App Store Rankings Amid Bitcoin’s Rally
Mobile cryptocurrency apps have experienced a dramatic rise in rankings on Apple’s App Store, fueled by the latest surge in Bitcoin and other digital assets.
The recent bullish momentum has also propelled the overall cryptocurrency market capitalization to an unprecedented $3 trillion, marking a significant milestone for the industry.
Coinbase leads the pack in finance App rankings
Coinbase has emerged as a standout performer, climbing from the 26th spot to the top position in the Free Finan
Pentagon Faces $824 Billion in Unaccounted Funds, Sparking Concern Over U.S. Economic Stability
The Pentagon has once again failed to account for its massive budget, with the Department of Defense (DoD) unable to explain the whereabouts of $824 billion.
This marks the seventh consecutive year of audit failures, raising significant questions about financial mismanagement within one of the largest government departments. Auditors examined $4.1 trillion in assets and $4.3 trillion in liabilities in the fiscal 2024 review, only to find glaring gaps and inconsistencies in the books.
Crypto Community Addresses Over 120,000 Letters to Lawmakers to Endorse Bitcoin Bill
Crypto community members in the United States have sent more than 120,000 letters to state lawmakers to endorse the Strategic Bitcoin Reserve Bill, Satoshi Act Fund CEO and co-founder Dennis Porter revealed. Porter revealed the details on November 15 in a statement.
In his statement, Porter revealed that the crypto community addressed 62,300 letters to Democratic state lawmakers and 60,500 letters to their Republican representatives. The letters, issued by the Satoshi Act Fund, were sent to con
Bitcoin Soars Above $90,000 As Wall Street Falters Amid Federal Reserve Uncertainty
Bitcoin surged past $90,000 this week, cementing its upward trajectory even as Wall Street struggled with growing uncertainty over Federal Reserve policy.
While the cryptocurrency gained momentum, the Dow Jones Industrial Average fell 305.87 points, or 0.70%, closing at 43,444.99. The S&P 500 and Nasdaq Composite followed suit, with losses of 1.32% and 2.24%, respectively, marking a challenging week for U.S. equity markets.
Wall Street slides as the Fed hesitates on interest rates
Russell Okung’s Bitball League to Offer Bitcoin Payment Option
Retired NFL star Russell Okung has announced the launch of a new football league called Bitball, offering players the opportunity to be paid in Bitcoin. Okung revealed that the league will debut on December 10 at Al Nahyan Stadium in Abu Dhabi, with the inaugural game set to feature 24 professional players. Only attendees with Bitcoin conference tickets can watch the game live.
The former Carolina Panthers player aims to create a league that embraces cryptocurrency while eliminating traditional
Bitcoin Miners Take Profits As BTC Inches Above Breakeven Rates
Bitcoin miners are a few of the most profitable BTC holders, sitting on a cumulative 2 million BTC over the last few months. Although their reserves have fluctuated a bit since the start of the year, it has remained relatively on the high side.
However, most miners are now liquidating, taking advantage of the assets foray close to the $90,000 mark. Records show that miners’ reserve has slid to 2.03 million BTC from 2.08 million BTC, extending the drop that has been happening since August.
BVNK in Talks to Raise $50 Million As Stripe Inks Major Deal
Stablecoin firm BVNK is in talks with investors with the hope of raising $50 million in a new funding round. The talks are coming after Stripe reportedly announced the acquisition of stablecoin startup Bridge in October.
According to inside sources familiar with the development, the stablecoin startup is in talks to complete the funding round soon. BVNK has projected the funding round to bring in about $50 million.
Goldman Sachs Expands Bitcoin ETF Holdings to $461 Million Amid Market Surge
Goldman Sachs has significantly increased its exposure to Bitcoin ETFs, solidifying its position as one of the leading institutional investors in the crypto space.
According to recent filings, the investment bank boosted its stake in BlackRock’s iShares Bitcoin Trust (IBIT) to $461 million, reflecting an 83% jump from its prior holdings. This positions Goldman as the second-largest IBIT shareholder, now owning 12.7 million shares compared to its earlier 6.9 million shares.
Bitwise Submits Application to List 10 Crypto Index Funds As ETP on NYSE Arca
Bitwise Asset Management has revealed that NYSE Arca has applied to list the Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). If approved, the listing could improve liquidity and efficiency for investors seeking exposure to the cryptocurrency market.
BITW is the largest cryptocurrency index fund, managing approximately $1.3 billion in assets. It provides diversified exposure to the digital asset sector, with significant allocations to major cryptocurrencies such as Bitco
United States Group Wants New Policy to Let Federal Staff Hold Crypto
United States advocacy group the Digital Chamber seeks new regulations to let federal staff hold small portions of digital assets. The blockchain advocacy group wants the Office of Government Ethics (OGE) to look into the restrictions placed on federal employees from holding cryptocurrencies.
In its letter dated November 13, the group stressed that the restrictions could be a stumbling block to the US crypto regulatory framework. Digital Chamber wants to remove the current blanket ban, enabling
Canadian Crypto Influencer’s Body Discovered in Montreal Park
The body of abducted Canadian crypto influencer Kevin Mirshahi has been discovered in Montreal’s Ahuntsic-Cartierville borough. The body was found at the park on October 30, after the influencer’s abduction in June. After a subsequent autopsy, authorities declared that it was the missing Mirshahi.
The 21-year-old crypto influencer was last seen in June before he was abducted from a condo building in Old Montreal. Reports said he was kidnapped alongside three others, a man and two women. Moments
Phantom Wallet Warns IOS Users About Potential Wallet Access Issues
Phantom, a popular Solana-based non-custodial crypto wallet, has warned its iOS users about potential app resets following a recent update.
The company revealed that the update has caused users to be logged out of their wallets, requiring them to re-enter their recovery phrases to regain access. Those who have yet to back up their recovery phrases securely risk losing access to their funds.
Update triggers app resets for iOS users
We're aware that a small number of iOS users are experiencing
Hayes Questions Musk’s Spending Cuts but Stands Firm on Dogecoin
Arthur Hayes, a prominent figure in the cryptocurrency world and founder of BitMEX, has cast doubt on Elon Musk’s ability to deliver on his ambitious plans to reduce federal government spending.
In a recent post on X, Hayes suggested that Musk’s efforts at the newly created Department of Government Efficiency (DOGE) would likely falter without significant congressional support. Despite his skepticism, Hayes affirmed his continued bullish stance on Dogecoin, the cryptocurrency heavily endorsed
Ethereum Predicted to Undergo Surge Following Supply Shrink
Ethereum is primed to undergo a new rally in the next few weeks, according to OnChainHQ senior researcher Leon Waidmann. The analyst cites several factors including the asset’s present deflationary mechanism to support his theory of a surge.
As many digital assets continue to react with a surge to the present investor sentiment, Waidmann has his eyes fixed on Ethereum. Waidmann said Ethereum is open to a surge as long as the bull market gains ground. He noted that the token is now deflationary
South Korean Authorities Dismantle Crypto Fraud Ring, Seize $213 Million
South Korean authorities have smashed a fraudulent cryptocurrency ring, recouping an equivalent of $213 million. According to the report, the fraudulent crypto ring scammed about 15,000 individuals during its operation.
The latest event marks the highest-ever investment scam tied to digital assets in the country. According to the Gyeonggi Southern Provincial Police Agency, the act was orchestrated by a popular YouTuber in the country.
South Korean police nab the orchestrator of the crime
Elon Musk Pledges Transparency for D.O.G.E., Aims to Curb Government Waste
Elon Musk has announced that the Department of Government Efficiency (D.O.G.E.), an initiative focused on reducing federal waste, will operate with complete transparency.
On November 13, Tesla and SpaceX CEO Elon Musk announced that the agency would post all of its actions online and include a public leaderboard highlighting the most egregious examples of wasteful government spending. Musk encouraged the public to report cases where D.O.G.E. cut essential programs or failed to eliminate unnece
Crypto CEOs Hold High Expectations for Donald Trump’s Presidency
Crypto industry leaders are optimistic about Donald Trump’s return to the White House. They believe his administration could provide the regulatory clarity they have long sought.
Markets have surged in response, with Bitcoin reaching an all-time high of $90,000, spurring widespread enthusiasm among investors and executives alike.
Optimism for a pro-crypto administration
Crypto executives see Trump’s presidency as a turning point after years of regulatory battles under the Biden administratio
Donald Trump’s Policies Predicted to Boost Dollar Rally
The emergence of Donald Trump as the president of the United States has been predicted to be the beginning of the dollar surge. Although there is uncertainty in the financial markets, the price momentum is the same as when Trump first took office in 2016.
Market analysts have predicted that loose fiscal policies could be the trigger needed to fuel the United States’ economic growth. The expectations have caused a price swing in the stock market, pushing the prices to new highs. There is also sp
Germany Misses Out on $1.7 Billion Profit After Its Bitcoin Sales in July
Germany has lost an estimated $1.7 billion in profits after selling its 50,000 Bitcoin cache in July. The assets, seized as proceeds from various crimes, were sold at $2.8 billion at $53,000 per coin. Fast forward to today, the asset’s price has increased, and the sold tokens are now worth $4.5 billion, with Germany losing $1.7 billion in profits.
The difference between the previous price and this present one is the 53% surge the asset witnessed in the last two months. The rally, pushed by Dona
The ongoing Bitcoin (BTC) bull run is leaving short traders reeling. The cryptocurrency surged past $89,000, gaining over 10% in just 24 hours. With the Fear and Greed Index showing “Extreme Greed,” market sentiment has reached new highs, making $90,000 seem like an inevitable milestone.
The global crypto market cap has jumped 9.6% to hit $3 trillion, with Bitcoin dominance nearing 59% and major altcoins like Dogecoin (DOGE) and Ethereum (ETH) showing impressive gains.