Author: John Smith

UK introduces tougher cyber law to protect business and public. Summary Bill expands cyber regulations to more tech and service sectors Noncompliant firms risk penalties based on annual turnover Law targets AI misuse and aligns UK standards with EU norms The UK government has formally introduced the Cyber Security and Resilience bill to Parliament, according to an announcement by the Department for Science, Innovation and Technology. The legislation would expand existing Network and Information Systems regulations to encompass a broader range of technology and managed service providers, the government stated. The bill seeks to strengthen network and data security, improve…

Bitcoin ETFs see $903M net outflow, price nosedives as Blackrock and Grayscale see major outflows. Summary U.S. Bitcoin ETFs saw $903M net outflows on Nov. 20, the second-highest since early 2024, dragging Ethereum ETFs after eight straight days of losses. BlackRock and Grayscale recorded the largest withdrawals as institutional investors took profits ahead of year-end, citing a risk-off shift. Experts say volatility remains high, with large holders buying the dip while short-term traders face challenging recovery timing. U.S. Bitcoin spot exchange-traded funds recorded net outflows of $903 million on November 20, marking the second-largest outflows since the funds’ inception in…

Crypto prices today fell sharply as the market extended its month-long downturn. The total crypto market capitalization has dropped below $3 trillion for the first time since May 8, now standing at roughly $2.95 trillion. Bitcoin slipped to $85,310, down… Source link

Bitmine continues its Ethereum buying spree while chairman Tom Lee warns that crypto markets are still struggling with weak market maker liquidity. Summary Bitmine’s latest ETH purchase strengthens its push to build one of the largest corporate crypto treasuries. The firm continues buying through OTC desks during market volatility, leaning on equity raises and staking rewards. Tom Lee says the market slump is tied to damaged market maker balance sheets after the October liquidation shock. Bitmine has purchased another 17,242 ETH, worth about $49 million, according to data shared by analytics firm Onchain Lens on Nov. 21. The company now…

Coinbase has launched Ethereum-backed loans for eligible U.S. customers, allowing users to borrow up to $1 million in USDC without selling their ETH holdings, the cryptocurrency exchange announced. Summary Coinbase has launched Ethereum-backed loans for eligible U.S. users (excluding New York). The service allows borrowers to access up to $1 million in USDC without selling their ETH holdings. The launch strengthens Coinbase’s DeFi integration, tapping into the growing crypto-native credit market. Coinbase lets ETH holders borrow millions without selling The service represents one of the exchange’s largest decentralized finance-integrated offerings to date, according to the company. The launch follows Coinbase’s…

Numerai — the San Francisco hedge fund that looks more like a sci-fi lab than a Wall Street operation — has raised $30 million in Series C funding, the company announced. Summary Numerai scored backing from university endowments and existing investors like Union Square Ventures and Paul Tudor Jones. The AI-driven hedge fund now marches toward nearly $1 billion in AUM. Numerai plans to expand AI engineering, grow its global data science tournament, and scale institutional products. The round, led by university endowments, values Numerai at $500 million. That’s a fivefold leap from 2023, suggesting the company’s AI models were…

Analysts at JPMorgan warn that more than 20% of Strategy’s market cap sits in passive indices, which are now threatening to delist it. Summary Michael Saylor’s Strategy could lose $2.8 billion if MSCI removes it from its passive indices The Bitcoin treasury firm could lose a further $8.8 billion out of its $50 billion market cap if others follow MSCI is currently considering a proposal to exclude crypto treasury firms from its benchmark indices Michael Salyor’s Bitcoin buying machine could face a reckoning that could wipe out more than 20% of its total market cap. On Wednesday, November 19, analysts…

Investors are scaling back on risk assets amid declining hopes that the Federal Reserve will cut rates before the end of the year. Summary The crypto market crash affected most major crypto assets. The likelihood of December rate cuts has fallen to just 33%. Bitcoin could fall to 75,000 if macro conditions further worsen The crypto market is facing another sharp sell-off today amid deteriorating macro conditions. On Thursday, November 20, Bitcoin fell 2.52% to $86,585, its lowest level since April. Ethereum (ETH) fell to $2,818, erasing all its gains since July. Altcoins demonstrated even greater volatility. Solana price went…

Tokyo-listed Metaplanet plans to issue Class B perpetual shares worth $135 million to expand its Bitcoin reserves. Summary Metaplanet announced issuing about $135 million in shares to buy Bitcoin Class B shares will have no voting rights, but will have redemption at listing The firm currently owns 30,823 Bitcoin, worth about $2.69 billion As corporate Bitcoin adoption strengthens worldwide, one Metaplanet is taking an increasingly aggressive approach. On Thursday, November 20, the Tokyo-listed Bitcoin treasury firm announced the issuance of 23.61 million Class B Preferred Shares, valued at about $135 million. The firm will use the proceeds of these sales…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. This Digitap price prediction for 2025, 2026, and 2030 goes over the main factors that could affect the project’s long-term potential and what enthusiasts think. Summary Digitap is gaining attention because it offers real utility in connecting crypto and traditional banking systems. Analysts expect TAP prices to grow in the coming years as adoption increases and demand for unified crypto-fiat payments rises. Long-term forecasts suggest higher valuations by 2026 and 2030 if Digitap continues expanding its features, users, and…