Michael Saylor’s Strategy Starts November With $45m Bitcoin Purchase

Michael Saylor’s Strategy added another 397 Bitcoin worth about $45.6 million, but the company’s buying pace continues to slow compared to its pre-October accumulation streak. Strategy acquired 397 Bitcoin (BTC) worth $45.6 million last week at an average price of $114,771 per coin, according to a Monday filing with the US Securities and Exchange Commission. … Read more

Privacy Coins Surge 80%, Crypto Investors Seek Privacy, Encrypted Bitcoin

Investor demand for financial privacy is fueling a rally in privacy-preserving cryptocurrencies, signaling renewed interest in self-sovereign blockchain transactions. The market capitalization of privacy-preserving cryptocurrencies rose by about 80% over the past week to briefly surpass $24 billion earlier on Monday before retracing 2.9% to $23.7 billion at the time of writing, according to data … Read more

BTC price at Risk? Institutions No Longer Absorbing Newly Mined Bitcoin

Key takeaways: BTC demand fell below daily mining supply for the first time in seven months. Spot Bitcoin ETFs saw $1.67 billion in net outflows since Oct. 11. Bitcoin treasury firms trading below NAVs signal eroding confidence, potentially pressuring BTC prices further. Institutional demand for Bitcoin (BTC) has dropped below the daily amount mined, raising … Read more

Zerohash Wins EU MiCA License As Mastercard Eyes $2 Billion Acquisition

Stablecoin company Zerohash has secured a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), making it one of the first infrastructure providers authorized to offer stablecoin services across the EU.  Zerohash Europe announced Sunday that it acquired a license from the Dutch Authority for the Financial Markets (AFM). This allows the company to … Read more

Trump Denies Knowing CZ, Highlights Crypto Role By His Sons

US President Donald Trump defended his pardon of Binance co-founder Changpeng “CZ” Zhao, claiming he doesn’t personally know the crypto executive and dismissing criticism that the move was politically motivated. Trump claimed that he doesn’t know CZ in an interview with CBS News’ 60 Minutes on Sunday, reiterating his previous claims after pardoning him in … Read more

Balancer Hacked? DeFi Platform Hit by Apparent Exploit as $70M in Crypto Moves

Balancer, a decentralized finance (DeFi) protocol with over $750 million in value locked, appears to have been hit by another major exploit, with on-chain data showing roughly $70.9 million in digital assets drained to a new wallet. The affected funds include 6,850 osETH, 6,590 WETH, and 4,260 wstETH, blockchain data analyzed by CoinDesk showed, and … Read more

Denmark Ends EU Chat Control Push Amid Privacy Concerns

Denmark, which holds the European Council presidency, has reportedly withdrawn the proposal that would have forced platforms like Telegram, WhatsApp and Signal to allow authorities to screen messages before they’re encrypted and sent.  The proposed legislation, known as Chat Control, was first introduced in May 2022 as a method to combat the spread of illicit … Read more