Public fitness equipment maker Interactive Strength shares rise 11% on Bitcoin treasury strategy
Fitness equipment maker Interactive Strength said its board of directors has approved setting aside up to $5 million to buy Bitcoin, capped at 25% of the company’s average daily cash holdings over the past three months.
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☑️ Microstrategy Completes $3B Debt Offering to Expand Bitcoin Holdings; Shares Drop 🔽16%
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SEC broker-dealer rule struck down by US courts, big win for crypto🏆
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Bitcoin Gains Attention As Modern Inflation Hedge Amid Institutional Shift 🪙
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US SEC: Shan Hanes, former CEO of Tri-State Bank in the heart of Kansas, is banned from future banking activities‼️
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Roger Ver's arrest and extradition have sparked the #️⃣FreeRoger movement, protesting the legal suppression of crypto supporters 🪧😠
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Gary Wang, former deputy to Sam Bankman-Fried, is spared prison time by a U.S. judge for his role in the FTX crypto fraud 🏃♀️
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President-elect Trump’s team is vetting candidates for a new White House role focused on cryptocurrency policy, marking a first in U.S. governance.😏
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Michael Saylor predicts that Bitcoin will reach $100,000 by the end of the year, and plans to host a 🎉🍾 New Year’s Eve party “at [his] house” to commemorate the milestone 🕺🏻🎉
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🗞 November 20, 2024 cryptocurrency news highlights
【Cryptocurrency】
Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC ☑️
【Economy】
👍 Thumzup Media will start offering Bitcoin payments for gig economy workers through its Account Specialist Program in January 2025 🪙💼
【Indicators】
The Federal Reserve accepted a total of US$200.664 billion from 62 counterparties in fixed-rate reverse repurchase operations💰
Bitcoin breaks through $94,000, hits another all-time high
【More】
⛏️ Bitcoin Mining Firm Compass Establishes 30 MW Site in Iowa, aiming to expand its self-owned infrastructure portfolio in the United States
Russia will ban crypto mining in occupied Ukrainian territories such as Donetsk, Luhansk, Zaporizhia, and Kherson regions, citing its impact on the power industry, which faces shortages and capacity issues during the autumn and winter. 🌨
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Bitcoin breaks through $94,000, hits another all-time high
Bitcoin broke above $94,000 and is now trading at $94,238, setting another all-time high and up 1.81% in 24 hours.
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Russia will ban crypto mining in occupied Ukrainian territories such as Donetsk, Luhansk, Zaporizhia, and Kherson regions, citing its impact on the power industry, which faces shortages and capacity issues during the autumn and winter. 🌨
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Polymarket predicts that the probability that "Bitcoin will break through $100,000 today" is 71%
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🇺🇸 US Senator Cynthia Lummis outlines Strategic Bitcoin Reserve plan: "purchase 200k BTC per year for five years. 1m BTC total." 🔥
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U.S. Bitcoin ETF Assets Surpass $100 Billion, on Track to Overtake Gold ETFs 🚀
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Senator Cynthia Lummis suggests the U.S. could create a Strategic Bitcoin Reserve by revaluing its gold certificates and exchanging them for Bitcoin, without printing new money 🪙
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Trump’s team is exploring the creation of a White House role dedicated to Bitcoin and crypto policy 👀
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Robert F. Kennedy Jr: “I put most of my wealth into Bitcoin. I am fully committed.” 💪
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MicroStrategy’s (MSTR) market capitalization has topped $100 billion, and the de-facto Bitcoin fund is on track to surpass chip maker Intel 📈
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Thumzup, a Los Angeles-based social media marketing firm, announced the purchase of $1 million in Bitcoin as a treasury reserve asset 🙌
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MicroStrategy has increased its convertible senior notes offering to $2.6bn, up from the previously announced $1.75bn, with an additional $400m option for purchasers. 👋
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Solana has surpassed Ethereum in 7-day transaction fees, generating $62.03m compared to Ethereum’s $60.39m, reflecting a surge in user activity and transaction volume on Solana.
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The Solana-based Phantom crypto wallet became the second-highest-ranked app under the Utilities category on the U.S. Apple App Store, behind only Google.
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Michael Saylor, MicroStrategy founder, will brief Microsoft's board next month on using Bitcoin as a corporate strategy.
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