Core Scientific explains its latest bankruptcy plan ahead of court date

Bitcoin (BTC) miner Core Scientific has released a presentation outlining its plans to emerge from bankruptcy in early January 2024. The presentation is based on the third amended joint Chapter 11 plan... Read more »

El Salvador’s Bitcoin portfolio swings to profit

According to a Dec. 4 post by Salvadoran President Nayib Bukele, the country’s cumulative Bitcoin (BTC) investments currently amount to $131 million with a net profit of $3.6 million, for a total... Read more »

Bitcoin is of ‘national strategic importance’ says US Space Force officer

The United States needs to formally investigate using proof-of-work networks such as Bitcoin (BTC) to protect the country from cyber-inflicted warfare, according to Jason Lowery, a member of the United States Space Force.... Read more »

Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR

Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try to... Read more »

Bitcoin’s top of funnel is becoming less noisy, suggests Swan Bitcoin CEO

Swan Bitcoin CEO Cory Klippsten has suggested that spot Bitcoin (BTC) exchange-traded funds (ETF) will suppress the loud and flashy marketing strategies that have served as the initial gateway for many into... Read more »

Nov. 26 – Dec. 2 – Cointelegraph Magazine

Top Stories This Week Bitcoin ETF race gets 13th entrant, BlackRock revises ETF model Asset manager Pando Asset has become an unexpected late entrant into the spot Bitcoin ETF race in the... Read more »

UK Legislators urge caution in retail digital pound rollout

British legislators are urging a careful stance regarding implementing a retail digital pound. They stress the importance of finding an equilibrium between technological advancements and potential drawbacks.  Members of the Treasury Select... Read more »

Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over

Bitcoin (BTC) hit $39,000 for the first time since mid-2022 on Dec. 1 as the United States Federal Reserve boosted hopes of policy easing. BTC/USD 1-hour chart. Source: TradingView Powell: Calling end... Read more »

Nayib Bukele steps down as El Salvador’s President ahead of re-election bid

El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped down from office to campaign. On Dec. 1, Bukele resigned as the... Read more »

Crypto-based AI markets, and AI financial analysis – Cointelegraph Magazine

We’re rolling out genuine use cases for AI and crypto each day this week — including reasons why you shouldn’t necessarily believe the hype. Today get two for the price of one:... Read more »