Cryptocurrency News

Gold bug Peter Schiff stressed that bitcoin prices reached November 2021 levels, falling 22% over the past seven weeks, and called on investors to pivot to gold. Nonetheless, gold is also taking a beating, falling below $3.9K, with analysts warning about a major downfall. Peter Schiff Preaches Gold During Bitcoin’s Downfall, But Neither Is Thriving…Read More

Authorities seized more than $234 million in cash and cryptocurrency during Operation TorNado, an international crackdown on dark web drug trafficking. The operation resulted in 354 arrests as investigators pursued vendors and buyers linked to previously dismantled marketplaces. Global Drug Sweep Seizes Cash, Crypto, and Weapons The U.S. Department of Justice (DOJ) and Europol announced…Read More

SpaceX unveiled plans to invest more than $74 billion in artificial intelligence computing facilities as Elon Musk dismissed speculation about Anthropic abandoning a $120.5 billion agreement. The expansion comes as AI yielded more than half of SpaceX’s third-quarter revenue, with the Anthropic deal accounting for a substantial share. Musk’s $74 Billion AI Expansion Targets Texas…Read More

AI agents can now purchase more than 5,400 services on the XRP Ledger, according to t54. Its expanding directory connects automated buyers with providers accepting XRP and Ripple’s dollar-backed RLUSD stablecoin for computing, data, and other digital services. XRPL AI Hub Lists More Than 5,400 Services Payment infrastructure developer t54 shared on X on Nov.…Read More

Grayscale said crypto’s expansion is creating investment opportunities beyond bitcoin as sectors differ in business models, adoption, and token economics. The firm’s latest analysis linked declining correlations with a stronger role for individual asset selection, while acknowledging persistent marketwide risks. Grayscale Finds More Than a Bitcoin Trade Crypto asset manager Grayscale said on Nov. 12…Read More

▶Bitcoin Magazine Joe Carlasare on “Extreme Fear” in Bitcoin: “I’m A Buyer Here” Bitcoin went from 57,000 to 82,000 in less than 90 days earlier this year, and Joe Carlasare says that’s why he rejects the idea that capital can’t flood back in. This post Joe Carlasare on “Extreme Fear” in Bitcoin: “I’m A Buyer…Read More

▶Bitcoin Magazine Bill Miller IV: “They’re Not Printing More Bitcoin” Bill Miller IV, Chairman and CIO of Miller Value Partners, joins Grace Remington and Sean Hagan on BMTV to explain why he is still bullish on Bitcoin with sentiment near FTX-era lows. This post Bill Miller IV: “They’re Not Printing More Bitcoin” first appeared on…Read More

▶Bitcoin Magazine Why Private AI is More Important Than Ever Mark Suman, co-founder and CEO of Maple AI, joins BMTV to talk about private AI built so that even its own team cannot read your chats. This post Why Private AI is More Important Than Ever first appeared on Bitcoin Magazine and is written by…Read More

Bitcoin Magazine FutureBit’s Apollo III Bitcoin Miner Hits Micro Center Shelves in Its First Brick-and-Mortar Launch The Brooklyn company’s compact home miner, rated at up to 18 TH/s and starting at $1,099.99, goes on sale Friday at four Micro Center stores, including the chain’s new Austin location. This post FutureBit’s Apollo III Bitcoin Miner Hits…Read More

Bitcoin Magazine Robinhood’s Crypto Trading Volume Falls 48% in October as Event Contracts More Than Double Robinhood customers traded $17 billion of crypto in October, down 48% from a year earlier, while event contracts traded jumped 136% to 5.9 billion. This post Robinhood’s Crypto Trading Volume Falls 48% in October as Event Contracts More Than…Read More