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Genius Group kicks off Bitcoin treasury play with $10M in BTC

Genius Group has plans for a podcast to help other firms considering Bitcoin as a treasury reserve asset after they found there was no clear blueprint for the process. Artificial intelligence firm Genius Group has taken the first steps to turn most of its treasury reserves into Bitcoin, purchasing 110 Bitcoin for $10 million —…
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MicroStrategy to raise $1.75B with 0% interest notes to buy Bitcoin

MicroStrategy’s 0% senior convertible note means it will not need to pay regular interest to bondholders. MicroStrategy, the largest corporate holder of Bitcoin, is set to raise $1.75 billion to buy more Bitcoin from senior convertible notes at a 0% interest rate. MicroStrategy said it “intends to use the net proceeds from this offering to acquire additional…
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‘I put most of my wealth into Bitcoin, so I am fully committed’ — RFK

RFK Jr. has been a longtime Bitcoin advocate, praising its power to transmute currency inflation as US government debt tops $36 trillion. Robert F. Kennedy Jr captured headlines once again due to earlier remarks the former Presidential candidate made — claiming that he “Put most of his wealth” into Bitcoin. The former independent candidate also…
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BTC price ‘issues’ include $70K dip despite Bitcoin whale accumulation

Bitcoin could still see “healthy cooling” before its trip to $100,000 and above, the latest BTC price analysis says. Bitcoin  risks “short-term issues” on its route to six figures — including a correction to nearly $70,000. In one of its Quicktake market updates on Nov. 16, onchain analytics platform CryptoQuant said BTC price action may see some…
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Solana-based DApps rake in record fees as memecoin frenzy returns

Five of the top 10 crypto protocols by fee earnings in the last 24 hours were on Solana. Solana-based apps notched record fees and revenue activity in the last 24 hours amid an apparent return of memecoin mania. According to a Nov. 18 X post from decentralized finance commentator Patrick Scott, who cited DefiLlama data, five out…
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Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Chainlink revealed the “Chainlink Runtime Environment,” — a unified architecture bridging traditional finance with blockchain systems, In an interview with Cointelegraph, Marcin Kaźmierczak, co-founder…
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Ripple Labs and CEO come under fire amid rumors of a Trump meeting

Ripple’s native currency, XRP, surged by more than 17% on November 15, based on expectations of a friendlier regulatory climate in the US. Ripple Labs and CEO Brad Garlinghouse are facing criticism from industry executives after rumors that the CEO recently met with President-elect Trump began circulating on social media. In response to the rumors,…
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Bitcoin long-term holders do not see $90K ‘as an enemy’ — Analyst

A crypto analyst reiterates that “some of these” Bitcoiners have been “here for many years,” and $90,000 is the “first target” for profit-taking. Bitcoiners who have held their coins for over 155 days aren’t all holding out for a six-figure price tag, with some happily taking profits once Bitcoin surpassed $90,000, according to a crypto…
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Bitcoin ETF options pass ‘second hurdle’ with CFTC clearance

ETF analyst Eric Balchunas says “the ball” is now with the Options Clearing Corporation, forecasting that spot Bitcoin ETF options will “list very soon.” The United States Commodity Futures Trading Commission (CFTC) has issued a notice, “clearing the way” for spot Bitcoin exchange-traded fund (ETF) options. Analysts are now speculating the products could be listed…
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Elon Musk ‘shot down’ OpenAI’s ICO plan in 2018 over credibility concerns

According to a court filing, Elon Musk said that the proposed initial coin offering (ICO) “would simply result in a massive loss of credibility for OpenAI.” Tesla CEO and tech entrepreneur Elon Musk dismissed OpenAI CEO Sam Altman’s proposal to launch a cryptocurrency token in early 2018, warning that it could severely harm the reputation…
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