Author: John Smith
Michael Burry, the investor known for predicting the 2008 financial crisis, has renewed his criticism of Bitcoin, stating the cryptocurrency is “worth nothing.” Summary Michael Burry says Bitcoin is “worth nothing” The investor, famous for predicting the 2008 financial crisis, renewed his criticism of the cryptocurrency as a speculative bubble lacking fundamental support. Crypto markets remain volatile and sensitive to regulation and investor sentiment. Burry claimed Bitcoin’s rise to six-figure price levels represents a speculative bubble not supported by quantifiable fundamentals. The investor noted on Michael Lewis’ podcast that widespread acceptance of Bitcoin’s elevated valuations demonstrates market behavior consistent with…
Ethereum co-founder Vitalik Buterin recently distributed a 256 ETH grant to two privacy-focused messaging applications, Session and SimpleX Chat, according to publicly available blockchain records reported by CryptoSlate. Summary Buterin donates 256 ETH (~$600,000) to privacy-focused messaging apps. Grants were given to Session and SimpleX Chat to support development of metadata-resistant communication systems. Neither app integrates with Ethereum or other smart contracts, highlighting a focus on communication privacy infrastructure rather than typical blockchain functionality. The grant, valued at approximately $600,000 based on current ETH prices, targets development of metadata-resistant communication systems. Both recipient projects operate independently of blockchain infrastructure and…
Poland has ignited one of Europe’s fiercest crypto battles, after its president slammed the brakes on new digital-asset rules—leaving more than a million investors stuck between political crossfire and regulatory limbo. Summary President Karol Nawrocki vetoed Poland’s Crypto-Asset Market Act, arguing it threatened civil liberties and granted regulators sweeping censorship powers. Government leaders blasted the decision, warning it leaves Polish investors exposed while the crypto industry praised the move as a win against overreach. Poland is now the only EU state without MiCA implementation ahead of the 2026 deadline, fueling uncertainty and a broader fight over the country’s crypto future.…
On December 2, WLFI is trading in the $0.1428–$0.1632 range, with noticeable ups and downs as excitement around the token heats up. The recent rebound has caught investors’ eyes, as they try to figure out whether this jump is just a short-term spike or the beginning of a longer-term trend. Summary On December 2, WLFI is trading between $0.1428 and $0.1632, up nearly 13% in 24 hours. The rally was fueled by a large-scale buyback of 46.56 million tokens, signaling team confidence and reducing circulating supply. WLFI could reach $0.90 by year-end if liquidity and adoption increase, while strong excitement…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A miner earned $235k through HMining, drawing fresh attention to the cloud mining giant’s growing global footprint. Summary A miner earned $235k in BTC on HMining, boosting global interest in the platform’s high-efficiency cloud mining services. The London-based cloud mining firm has expanded its eco-friendly, secure mining solutions, serving millions across 100+ countries. HMining has launched a new cloud-mining contracts as demand grows, offering users upgraded hashpower and simplified earning options. Recently, a miner earned a Bitcoin reward worth…
Europol and German–Swiss police dismantled bitcoin mixer Cryptomixer, seizing €25M in BTC, 12TB of user data and core infrastructure used to launder criminal funds. Summary Operation in Zurich between Nov. 24–28 seized servers, took over the Cryptomixer domain and replaced it with a law-enforcement seizure banner. Since 2016, Cryptomixer allegedly laundered proceeds from ransomware, dark web markets, fraud, drug and arms trafficking by obfuscating bitcoin flows. Europol coordinated the action via its Joint Cybercrime Action Taskforce, building on earlier mixer crackdowns like the 2023 ChipMixer dismantling. Europol announced the dismantling of a major European bitcoin mixing service in a coordinated…
BlackRock’s U.S. Bitcoin ETF grew to $70B AUM, generating about $245M in annual fees, helping push the firm’s total bitcoin allocations toward $100B across products. Summary BlackRock’s U.S.-listed Bitcoin ETF amassed $70B in assets within 341 days and now holds over 3% of Bitcoin’s supply. Combined U.S., Brazilian and overseas bitcoin products have attracted nearly $100B, with net inflows of $52B in the first year alone. The ETF is now BlackRock’s most profitable product line, reinforcing institutional confidence despite normal volatility-driven outflows. BlackRock’s Bitcoin exchange-traded funds have become the asset management firm’s most profitable product line, according to Cristiano Castro,…
Canaan and SynVista plan an AI-driven platform that matches Bitcoin mining to surplus renewable power and tokenizes energy, carbon savings, and mining yields on-chain. Summary Platform uses AI scheduling to align Bitcoin hash-rate demand with real-time renewable energy availability while limiting grid stress. Energy output, carbon savings, and mining yields will be tokenized to create verifiable data and enable securitization of green-power assets. Initiative targets Bitcoin’s energy footprint, aiming to use stranded renewables and improve transparency and liquidity in renewable energy investment. Canaan, a Bitcoin mining and hardware company, announced a partnership with SynVista Energy to develop a platform integrating…
XRP drops 9.5% as TD Sequential prints a weekly buy signal, while Ethereum shows a bearish setup on its 12-hour chart, leaving traders watching for reversals. Summary XRP fell 9.5% as the TD Sequential indicator printed a weekly buy signal after nine red candles, hinting at a fading bearish trend. Ethereum’s 12-hour chart completed nine green candles, triggering a bearish TD Sequential signal that erased recent recovery gains. Both TD Sequential signals remain unconfirmed, with traders watching whether reversals emerge or further downside follows. XRP declined 9.5% as a technical analysis indicator suggested a possible trend reversal, according to cryptocurrency…
Aster price is building a clean bullish reversal as the Stage 4 buyback begins ahead of schedule and traders return with stronger volume. Summary Aster trades near $0.98 after a bounce from the $0.92 area. The team launched its Stage 4 buyback eight days early to support price amid market volatility. Technical indicators show improving momentum with RSI, Stochastic, and CCI turning upward. Aster traded at $0.984 at press time, down 1.8% on the day, with a weekly range between $0.9007 and $1.18. The token sits about 15% lower over the past week and roughly 59% below its $2.41 all-time…