Solidion Technolog (stock code: STI), a US-listed battery material supplier, announced the implementation of a Bitcoin corporate financial strategy and plans to allocate its additional capital reserves to Bitcoin. The company said it plans to use 60% of excess cash generated from operations to purchase Bitcoin, and will convert interest income from cash held in money market accounts into Bitcoin. It also promised to raise funds in the future to acquire more Bitcoin, and it is expected that a certain proportion of funds will be designated for long-term Bitcoin acquisitions. Vlad Prantsevich, Chief Financial Officer of Solidion Technology, said: "We firmly believe in the transformative potential of Bitcoin for the financial system, and we believe that our configuration is both a safe store of value and a compelling investment. With the recent approval of the Bitcoin ETF by the U.S. Securities and Exchange Commission, we have seen an important step towards institutional acceptance. In addition, we expect that the next step in the development of Bitcoin will be widespread adoption as a reserve asset by sovereign states and enterprises, and as Bitcoin further gains global recognition, it will create huge value and long-term upside potential. We have made our first purchase and are pleased to continue to increase our holdings of Bitcoin in accordance with our policy parameters and plan to develop our strategy in the future." (PR Newswire)

According to BlockBeats, U.S. President-elect Donald Trump announced on November 15 that a government efficiency task force led by Elon Musk will release a report on its efforts to streamline the U.S. government. Trump made this announcement during a speech at Mar-a-Lago in Florida, stating that the task force will produce an individual report, culminating in a comprehensive final report. This marks the first time Trump has provided new details about the task force's report since its announcement earlier this week. On Tuesday, Trump stated that the task force would offer advice and guidance from outside the government to streamline operations, cut regulations, reduce spending, and reorganize federal agencies. Both Trump and Musk have indicated that the task force aims to significantly cut the budget. However, it is important to note that the U.S. Constitution grants Congress the authority over the federal budget, meaning Congress can choose to accept or disregard recommendations from external groups such as the proposed efficiency task force.

Coinbase CEO Brian Armstrong posted on the X platform: "Interesting data about payment giant Visa." The accompanying picture shows that the annual transaction volume of payment giant Visa has hardly increased significantly from 2013 to 2023. On the contrary, the annual transaction volume of stablecoins has been rising since mid-2016, and by 2023 it has been close to Visa's transaction volume. In addition, the annual transaction volume of Bitcoin has been increasing since 2013, but it has declined around 2021 and is comparable to PayPal's transaction volume in 2023.

According to The Data Nerd, a whale has just transferred 1,920 BTC to Binance, worth about $169 million. The whale hoarded this batch of BTC at an average price of $43,624 a year ago. If all are sold at the current price, it will realize a profit of $85.27 million.

According to Foresight News, C1 Fund Inc., a closed-end investment company, has filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC) on November 12 for a $100 million initial public offering (IPO) focused on digital assets. The fund aims to maximize total portfolio returns primarily through capital gains from fund stocks and stock-related investments. Under normal market conditions, the fund plans to invest at least 80% of its total assets in stocks and stock-linked securities of companies primarily engaged in the digital asset services and technology industry. C1 Fund Inc., based in Palo Alto, California, intends to achieve its investment objectives by investing in a portfolio of what it considers the top 30 digital asset services and technology companies. C1 Advisors LLC, also located in Palo Alto, California, will serve as the fund's investment advisor. The fund's strategy reflects a growing interest in the digital asset sector, aiming to capitalize on the potential growth and innovation within this industry. By focusing on leading companies in the digital asset space, C1 Fund Inc. seeks to offer investors exposure to the evolving landscape of digital technologies and services.

Starting November 18th, McDonald’s will feature Doodles’ unique artwork on 100 million McCafe holiday cups at restaurants across the US. Doodles has partnered with McDonald’s to bring a little holiday magic to everyone who orders a McCafe beverage. A Holiday Treat: Art and Collectibles with Every Sip When customers buy a McCafe drink using the […] The post McDonald’s and Doodles Team Up for... source: https://www.altcoinbuzz.io/cryptocurrency-news/mcdonalds-and-doodles-team-up-for-holiday-collectibles/

「Revolut X」をEU30カ国に拡大 英フィンテック企業レボリュート（Revolut）が、プロトレーダー向け暗号資産（仮想通貨）取引プラットフォーム「Revolut X」を拡大させ、暗号資産取引へのアクセスをEU3 […] source: https://www.neweconomy.jp/posts/431332

According to people familiar with the matter, BVNK, a stablecoin payment company invested by Tiger Global, is in preliminary financing negotiations with potential investors and plans to raise at least $50 million. The valuation and specific amount of this round of financing may change during the negotiation process. BVNK's financing plan follows the acquisition of an important target in the stablecoin payment field by payment giant Stripe, showing that venture capital institutions continue to be optimistic about the stablecoin payment track. (Bloomberg)

XRP has logged the biggest one-day gains in the top 100 source: https://u.today/xrp-outperforming-every-cryptocurrency-in-top-100

According to the official announcement, Gate.io has launched ADA mining, with an expected annualized return of 2.59%. Gate.io's mining product has a low participation threshold, and only 10 ADA is required to participate in mining, which is suitable for all types of investors. ADA mining income will be automatically distributed to the account every day, without manual operation, and users can redeem ADA income at any time. In addition, Gate.io provides users with 100% reserve guarantee to ensure asset security. It is reported that users can learn more about Staking projects on Gate.io's "Earn Coins on the Chain". Earn Coins on the Chain aggregates a variety of popular PoS projects. Users can obtain on-chain income by staking a certain amount of crypto assets and experience safe and convenient on-chain value-added services. This content does not constitute any offer, solicitation or recommendation. Please note that Gate.io may restrict or prohibit all or part of the services from restricted areas. Please read the User Agreement for more information.

After several days of 50% of the memes going wild, the market is cooling down. Is the bull market over? Is there something wrong with the track of the coins in hand? Is there something wrong with the targets selected in the track?

A group of disgruntled investors are lodging a class-action lawsuit against Caitlyn Jenner, accusing her of selling a the "JENNER" token as an unregistered security.

Bitcoin is rising again. To me, it is not a certain cryptocurrency, nor is it the so-called opportunity for individuals to achieve financial freedom today, but it represents a whole category of things.

Phantom users who were on the iOS system reported that their Phantom account has been totally wiped out after they downloaded the latest Phantom update.

This funding will serve as a strategic hedge against inflation and ensure Pennsylvania's economic future.

Polymarket successfully predicted that Trump would win the US election with a total trading volume of over $3 billion. The FBI may have suspected that the platform was manipulating the election market, so it raided the New York residence of Polymarket CEO Coplan.

This article explains in detail what is isomorphic binding and why the RGB++ protocol is considered extremely secure.

People thanked the wizard, saying that he saved the ACT, and the wizard called it a victory for the community. This is a Hollywood story of ordinary people fighting against a dragon.

Now, with the crypto industry’s victory, 18 U.S. states have filed a lawsuit against the SEC and its commissioners, accusing them of overstepping their authority and unfairly persecuting the crypto industry under the leadership of agency head Gary Gensler.

Golden Finance launches the 2509th issue of "Golden Morning 8:00", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.