The WhiteBIT Nova card allows EU users to spend crypto directly with no conversions. The debit card offers up to 10% BTC/WBT cashback with customizable daily spending categories. Backed by Visa, the debit card supports Apple Pay, with €10K daily and €25K monthly limits. WhiteBIT, one of Europe’s largest cryptocurrency exchanges and a partner of […] The post WhiteBIT and Visa launch crypto... source: https://coinjournal.net/news/whitebit-and-visa-launch-crypto-debit-card-with-cashback/

The Alabama state auditor general, Andrew Sorrell, called on Alabama to lead other states in establishing strategic Bitcoin reserves. He noted that the price of Bitcoin had gained over 50% since the U.S. elections, and Trump's enthusiasm for crypto signalled strong federal support. source: https://www.cryptopolitan.com/andrew-sorrell-alabamas-bitcoin-reserve/

The French gaming company developed the title in partnership with the Arbitrum Foundation. source: https://cointelegraph.com/news/ubisoft-arbitrum-captain-laserhawk-web3-shooter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

According to Blockworks, it has been nearly a year since US spot bitcoin ETFs were introduced on January 11. Over this period, these financial products have experienced substantial growth, with combined net inflows reaching $34.3 billion, as reported by Farside Investors. BlackRock's iShares Bitcoin Trust (IBIT) has been a significant contributor, attracting $35 billion, while Fidelity's offering follows with $12.1 billion in inflows. Since November 6, the bitcoin ETF sector has seen an influx of $10.8 billion in new capital, coinciding with the day Donald Trump was declared the election winner, which some believe reduced the reputational risk associated with cryptocurrencies. The sector has recorded net inflows on 158 out of 231 trading days, or 68% of the time. The highest inflow day was November 7, with nearly $1.4 billion, while the largest outflow of $564 million occurred on May 1, partly due to profit-taking during a BTC price dip. As of December 10, BlackRock's IBIT held $50.8 billion in assets, surpassing the firm's Gold Trust (IAU) by $17 billion, though still trailing State Street's SPDR Gold Shares (GLD) by $24 billion. IBIT's average daily inflows are $152 million, whereas the WisdomTree Bitcoin Fund (BTCW) sees less than $1 million. Meanwhile, the Grayscale Bitcoin Trust (GBTC) has experienced outflows of nearly $21 billion, a trend that was largely anticipated. Grayscale's newer Bitcoin Mini Trust (BTC), launched on July 31, has attracted almost $900 million in new investments. In terms of trading volumes, IBIT averages 44.5 million shares traded daily, valued at approximately $2.6 billion at current prices. This ranks the BlackRock product eighth among all ETFs in terms of shares traded over the past three months, slightly behind the SPDR S&P 500 ETF Trust (SPY). Since the introduction of spot ether ETFs on July 23, bitcoin ETFs have attracted $16.8 billion, significantly outpacing the $1.9 billion net flows into ether ETFs. This represents about 11% of the bitcoin ETF inflows, which is below Bloomberg Intelligence's estimates of 15% to 25%. Institutional investors, including hedge funds, advisers, and pension funds, have shown interest in these ETFs. Jersey City officials indicated that the city's pension fund plans to invest in bitcoin ETFs this month. Data from Bloomberg Intelligence suggests that bitcoin ETFs now hold more bitcoin than the estimated 1.1 million BTC attributed to Satoshi Nakamoto, accounting for about 5% of the total bitcoin supply. Bitwise executives have predicted that bitcoin ETFs will attract even more inflows next year compared to 2024.

MicroStrategy (MSTR) is set to join the Nasdaq 100 on Dec. 23, marking a significant milestone for Bitcoin-linked stocks as the company gains exposure to billions in institutional capital. <p>The post MicroStrategy Set to Join Nasdaq 100: A Landmark Moment for Bitcoin-Linked Stocks first appeared on Ecoinimist.</p> source: https://ecoinimist.com/2024/12/11/microstrategy-join-nasdaq/?utm_source=rss&utm_medium=rss&utm_campaign=microstrategy-join-nasdaq

According to Cointelegraph, the demand for natural gas is rising significantly among Bitcoin mining companies and AI data center operators. Mohamed El-Masri, managing partner at Hodler Investments and CEO of the tokenized energy trading platform PermianChain, highlighted the potential of recapturing energy from gas flaring, estimating it as a $16 billion opportunity. El-Masri explained that converting natural gas from gas flaring, a form of stranded energy, into usable energy for mining operations and high-performance computing could meet much of the current demand. He noted that 147 billion cubic meters of natural gas are flared annually worldwide, which could translate into $16 billion in potential sales revenue if sold in the market. Bitcoin mining, he added, has the potential to increase the gas valuation significantly, emphasizing the role of crypto mining and asset tokenization in promoting sustainability. Bitcoin mining is seen as a more efficient method for mitigating gas flaring compared to other emission-limiting techniques. This process unlocks stranded energy and renewables, providing a cost-effective energy source for miners. With the increasing hashrate and computing difficulty, Bitcoin miners are continually seeking novel and underutilized energy forms to power their operations economically and maintain competitiveness. In May, mining company MARA, previously known as Marathon Digital Holdings, partnered with the Kenyan government to advance the country's renewable energy sector. The International Trade Administration reports that geothermal and hydroelectric power constitute 41% and 30% of Kenya's renewable energy sources, respectively. A peer-reviewed scientific paper published in August titled 'An Integrated Landfill Gas-to-Energy and Bitcoin Mining Framework' explored how Bitcoin mining can transform stranded energy into economic value. The paper suggested that Bitcoin miners could utilize landfill-gas-to-energy systems to convert methane gas into electricity for their operations, thereby sequestering harmful gas from the atmosphere and providing a low-cost energy source. Additionally, the conversion of stranded energy by miners can have reverse applications. In June 2022, MARA announced it was using excess recycled heat from its Bitcoin mining facility to heat an entire town in Finland, demonstrating the diverse applications of energy conversion in the mining industry.

Cryptocurrency analyst Benjamin Cowen provided an in-depth analysis of market trends, inflationary pressures and Bitcoin’s (CRYPTO: BTC) rally following source: https://www.benzinga.com/markets/cryptocurrency/24/12/42446945/bitcoin-reclaims-101000-as-inflation-hits-2-7-in-november-outlook-remains-bullish-says-ana?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

Digital assets continue to be a tool to address shortfalls in the energy supply chain despite criticism from environmental activists. source: https://cointelegraph.com/news/energy-gas-flaring-16-billion-opportunity-permian-chain-exec?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Goldman Sachs is eyeing the Bitcoin and Ethereum markets. CEO David Solomon said the Wall Street firm is ready to “evaluate” its entry, but only if regulators clear the path. Solomon made the statement during a Reuters event on Tuesday. His comments come as Bitcoin hit over $100,000 last week, driven by optimism about crypto’s […] source: https://www.cryptopolitan.com/goldman-sachs-wants-to-invest-in-bitcoin-and-ethereum/

A bankruptcy court filing showed FTX’s debtors reached settlements with political action committees and state-level Democratic parties over political contributions. source: https://cointelegraph.com/news/ftx-debtors-recover-political-donations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Web 3.0, founder of Hash Global: Building Web3 business applications Golden Finance, user data assets are the core of Web3 applications.

As an emerging technological trend, decentralized AI is gradually demonstrating its advantages in data privacy, security, and cost-effectiveness.

Golden Finance launches Golden Web3.0 Daily to provide you with the latest and fastest news on games, DeFi, DAO, NFT and Metaverse industries.

VBE (Voting Bloc Entropy) is an innovative indicator that quantitatively evaluates the degree of centralization of DAOs and reveals governance risks through clustering and entropy calculations.

Stablecoins are a vital component in the crypto space, and their stability and decentralization have become key competitive points.

Tracking Nvidia's holdings in concept stocks has important reference value. Investors can continue to pay attention to Nvidia's increase in holdings in related concept stocks, the progress of AI commercialization, revenue growth and gross profit margin changes, new product/service releases, changes in the industry's competitive landscape, etc.

Optimism once again teamed up with Uniswap to launch the ERC-7802 cross-chain asset standard, bringing new prospects for improving the efficiency of cross-chain transactions.

Xan’s support and development of the Bitcoin ecosystem lags behind many other exchanges, so this incident has limited impact on Inscription.

However, with the rapid development of AI technology, the threshold for generating false content has been greatly lowered, which further brings more potential risks.

Instead of having separate pools for each stablecoin, Perena will create one large stablecoin pool to make trading between them easier and cheaper.