Bitcoin falls below $36,000, down 2.35% in 24 hours
According to OKX market data on November 14th, Bitcoin fell below $36,000 and is currently priced at $35,790.0, with a 24-hour decline of 2.35%.
10 minutes ago, 4,000 BTC were transferred from Bitfinex to Kraken
Whale Alert has monitored that around 22:11 Beijing time, 4,000 BTC ($146,311,274) has been transferred from Bitfinex to Kraken.
Nearly 3 hours ago, 2,751 BTC were deposited into Coinbase
WhaleAlert monitoring shows that 2,751 BTC were deposited into Coinbase from an unknown address nearly 3 hours ago.
Bitcoin mining company TeraWulf produced 994 BTC in the third quarter
TeraWulf, a Bitcoin mining company, released its third-quarter financial report, which showed that its self-mining business produced 994 BTC, an increase of 9.5% compared to the second quarter; revenue was $19 million, an increase of 22.6% compared to the previous quarter; it is expected to use the cash generated in the third quarter to repay about $7 million in debt, of which $5.5 million will be repaid in October 2023; the gross profit for the third quarter increased to $10.7 million, while it was $10.3 million in the second quarter.
Bitcoin service platform Swan Bitcoin will ban accounts that directly interact with currency mixing services
Bitcoin service platform Swan Bitcoin will ban user accounts that directly interact with mixing services. Swan Bitcoin explains that this change is due to pressure from its banking partners, who are subject to proposed rules by the Financial Crimes Enforcement Network (FinCEN) aimed at requiring institutions that facilitate transactions such as mixing services to declare relevant information.
Chairman of the Brazilian Securities and Exchange Commission: Drex, the central bank’s digital currency, will “kill” many cryptocurrencies
João Pedro Nascimento, the chairman of the Brazilian Securities and Exchange Commission (CVM), believes that the Brazilian CBDC Drex will "kill" many cryptocurrencies. Nascimento stated that he is not talking about Bitcoin, but Drex will reduce the attractiveness of smaller cryptocurrencies.
21Shares: Transaction fees continue to soar due to minting of BTC NFTs
Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.
Cboe Digital to Launch Bitcoin and Ether Margin Futures Trading in 2024
Cboe Digital has announced that it will launch Bitcoin and Ether margin futures trading on January 11, 2024, making it the first regulated crypto-native exchange in the US to offer both spot and leveraged derivatives trading on a single platform. Margin trading allows customers to trade futures without posting full collateral, increasing capital efficiency. Cboe Digital plans to expand into physically delivered products eventually, subject to regulatory approval. The industry is also waiting for a decision from the SEC on 12 applications for BTC spot exchange-traded funds.
Bitcoin Researcher Proposes Decentralized File Hosting Incentivized by Bitcoin Payments
Bitcoin researcher Robin Linus has proposed a new system for decentralized file hosting incentivized by Bitcoin payments. The "BitStream" proposal suggests an open market for content hosting could be created by exchanging coins for files, using payment channels like Lightning to charge for each download. The server would encrypt the file and a bond contract would ensure the client receives the exact file or can punish the server. Linus's previous "BitVM" paper aimed to avoid clogging up the network's performance by carrying out transactions or computations off-chain, and the BitStream proposal could be combined with it.
Bloomberg ETF analyst: Bitcoin spot ETF is more likely to be approved in January next year compared to this week’s window
Bloomberg ETF analyst James Seyffart wrote on X platform that if the SEC approves a Bitcoin spot ETF, the ETF is more likely to be approved during the January window than this week's window.
A certain whale address withdrew 716 BTC from Binance again 15 minutes ago.
On November 13th, according to Lookonchain monitoring, a certain whale address withdrew 716 BTC (approximately $2,650) from Binance 15 minutes ago.<br>Since October 4th, the whale address has accumulated 4,232 BTC (approximately $156.5 million), with an average purchase price of approximately $31,452, and current profits of $23 million.
Bitcoin.com founder: Bitcoin is bringing financial innovation to the world
Roger Burr, the founder of Bitcoin.com, stated at the UpBit D conference held in Seoul that Bitcoin is bringing financial innovation to the world and predicted that Bitcoin will enable the world to enjoy a fast and stable financial platform environment like South Korea. Cryptocurrencies like Bitcoin are protected by mathematical rules based on blockchain. Being protected by mathematical rules is the most powerful way to protect one's property rights.
Hong Kong Legislative Council Member Qiu Dagen: Bitcoin can be classified as a financial product and included in the asset scope of the "Capital Investor Entry Scheme"
Carrie Lam, the Chief Executive of the Hong Kong Special Administrative Region, stated in the "Chief Executive's 2023 Policy Address" that she will implement a HKD 30 million capital investor immigration plan and restore investment immigration after 8 years. One of the "Big Four" accounting firms, PwC, has revealed that it has already received inquiries from clients. Hong Kong Legislative Councilor Holden Chow believes that the government can clarify the scope of investment assets, such as listing Bitcoin traded on licensed virtual asset trading platforms as financial products, which should theoretically be allowed. PwC Hong Kong tax partner Wang Xiaoyan hopes that the government will expand the categories of assets and income eligible for tax incentives, which currently do not include investment categories such as art, wine, and virtual assets.
A trader bought approximately $2.039 million in BTC on Binance at a price of $37,230.
According to WhaleTrades monitoring, at 10:48:39 Beijing time, a trader bought 2,038,863.72 US dollars worth of BTC on Binance at a price of 37,230 US dollars.
Search volume for Bitcoin, crypto, etc. on Google peaked in late October and gradually declined in November.
According to data from Google Trends, BTC and various cryptocurrencies have seen significant growth from August 13th to November 11th, a period of 90 days. During this time, searches for "Bitcoin", "cryptocurrency", and "Ethereum" surged, reaching a peak of 100 in late October before declining.
The majority of searches for "crypto" came from Saint Helena Island and Nigeria, followed closely by the Netherlands. Trinidad and Tobago also had a high search volume, while Cyprus ranked fifth. (Bitcoin.com)
Bitcoin’s NFT sales surpassed Ethereum in the past 24 hours, ranking first
According to CryptoSlam data, the NFT sales of Bitcoin in the past 24 hours reached 12,267,832 US dollars, an increase of 54.12%, surpassing Ethereum (12,194,480 US dollars) to rank first.
The anetaBTC community has opened its fourth governance vote and plans to allocate approximately 350,000 ADA funds to cNETA/NETA stakers.
Ergo and Cardano launched the fourth governance vote with the wrapped Bitcoin community anetaBTC to decide whether to distribute 2 cBTC and 36,000 ERG (worth about 350,000 ADA) to cNETA/NETA stakers within the community fund within a year. Users can use cVOTE4/eVOTE4 tokens to vote. The vote will end in about 72 hours, with more favorable votes currently.
Ethereum transaction fees climbed 219% in the past three weeks
In the past three weeks, the transaction cost of Bitcoin has sharply increased, reaching a peak of $15 per transaction three days ago. Similarly, the transfer cost of Ethereum has also risen significantly. Between October 22 and November 12, 2023, the average cost of Ethereum transactions soared by 219%, from $2.08 per transaction to $6.64 per transaction.
On Sunday, November 12th, the estimated cost of transferring assets through bridging between different chains was $8.93 to $9.17. From October 22, 2023 to November 11, 2023, Ethereum processed approximately 1,071,448 transactions per day on average.
Etherscan data shows that the regular value of Ethereum Gas is currently 27 gwei, and the cost of a Swap transaction is about $19.74. (Bitcoin.com)
MicroStrategy’s Bitcoin holdings have gained more than $1.1 billion
According to Coindesk data on November 13th, MicroStrategy's Bitcoin holdings have gained over $1.1 billion (+25%), currently holding over 158,000 Bitcoins.
Security experts: A hacker claims to have stolen a large amount of customer information from bankrupt Bitcoin ATM operator Coin Cloud
An unidentified hacker group claimed to have stolen 70,000 customer selfies and sensitive personal information of 300,000 customers from Bitcoin ATM operator Coin Cloud. Coin Cloud operated more than 4,000 ATMs in the United States and Brazil before filing for bankruptcy in February this year. According to an article published by cybersecurity expert vx-underground on X, the hacker group also claimed to have stolen the source code of Coin Cloud's backend system.
The post showed edited images allegedly involving customer selfies and personal identity information accessed by the group, including customers' social security numbers, names, addresses, dates of birth, occupations, and phone numbers.
Vx-underground said the hackers shared these claims on private channels, and the leaked database could soon be released online. (The Block)
Previously, according to a document filed with the Nevada bankruptcy court on February 7, Coin Cloud had assets of $50 million to $100 million and liabilities of $100 million to $500 million. The company has 10,000 creditors, with Genesis Global Trading being the largest unsecured creditor with a loan balance of $100 million.
