Artificial intelligence company Genius Group (NYSE American: GNS) announced that it has increased its Bitcoin vault purchases by an additional $4 million to 153 coins, with a total value of $14 million, at an average price of $91,372 per Bitcoin. The additional purchase of $4 million worth of Bitcoin follows the company's announcement on November 12 of its "Bitcoin First" strategy, which pledged that 90% or more of its current and future reserves would be held in the form of Bitcoin, with an initial target of $120 million in Bitcoin. The purchase is the company's second Bitcoin purchase in two weeks since establishing its Bitcoin vault, with the first purchase being the purchase of $10 million worth of Bitcoin announced on November 18. (Globenewswire)

According to PANews, Bitcoin mining company MARA Holdings, Inc. has successfully completed a $1 billion convertible senior notes offering. This includes $150 million in notes issued under a purchase option granted to initial buyers, which was exercised in full on November 19, 2024, with the additional purchase finalized on November 20, 2024. After accounting for discounts and commissions to the initial purchasers, the net proceeds from the sale of the notes amount to approximately $980 million. MARA plans to allocate around $199 million of these net proceeds to repurchase its existing convertible notes due in 2026, which have a total principal amount of $212 million, through privately negotiated transactions. The remaining net proceeds will be used to acquire additional Bitcoin and for general corporate purposes. These purposes may include working capital, strategic acquisitions, expansion of existing assets, repayment of additional debt, and other outstanding obligations.

The encryption industry has gone through "turbulent times" along the way, and now "the boat has passed through thousands of mountains."

According to Odaily, payment giant PayPal has announced that it is currently experiencing system issues that may impact several of its products. The company has not specified which products are affected or the extent of the disruption. Users are advised to stay informed through official PayPal channels for updates on the situation. The company is working to resolve the issues as quickly as possible to minimize inconvenience to its customers.

A deep dive into the potential opportunities for collaboration between cryptocurrencies and consumer AI (artificial intelligence)

According to BlockBeats, on November 21, data indicates a significant rise in U.S. blockchain stocks during pre-market trading. Several companies in the sector have experienced notable gains, reflecting a positive trend in the market. Leading the surge is SMLR, which saw an impressive increase of 32.7%. This substantial rise highlights investor confidence and interest in the company's potential within the blockchain industry. Following closely, MSTR recorded an 11% uptick, further emphasizing the growing enthusiasm for blockchain-related investments. Other companies also experienced positive movements. MARA's stock rose by 9.2%, while BTDR saw an 8.5% increase. These gains suggest a broader upward momentum across the blockchain sector, as investors continue to show interest in the potential of these technologies. Additionally, RIOT and COIN reported gains of 4.9% and 3.7%, respectively. These increases contribute to the overall positive sentiment surrounding blockchain stocks, indicating a favorable outlook for the industry as a whole. The pre-market performance of these stocks underscores the ongoing interest and potential growth opportunities within the blockchain space.

5Money and Storible partnered in a study that placed the U.S. at the top of the list for most scam and failed crypto projects. The U.S. was responsible for nearly 43% of scam and 33% of dead crypto projects worldwide. Russia led the countries with the highest rate of scam crypto projects at 24%. source: https://www.cryptopolitan.com/u-s-founders-50-of-all-crypto-scams/

null source: https://x.com/BTC_Archive/status/1859585692852003024

According to official news, MARA, a listed Bitcoin mining company, has completed the issuance of $1 billion convertible senior notes, including $150 million of notes issued pursuant to the purchase agreement granting the initial purchaser the purchase option. The purchase option period is 13 days from the date of the first issuance of the notes. The initial purchaser exercised all of them on November 19, 2024, and the additional purchase was completed on November 20, 2024. These notes were sold in a private placement to persons who are reasonably believed to be qualified institutional buyers. The funds raised will be used to purchase more Bitcoin and general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debt and other outstanding debts.

The latest price moves in bitcoin (BTC) and crypto markets in context for November 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. source: https://www.coindesk.com/markets/2024/11/21/first-mover-americas-bitcoin-at-100k-sounds-nice-but-expect-pullback/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

TL;DR President-elect Donald Trump and his team are considering creating a new White House crypto role focused on cryptocurrency policy. The proposed “crypto czar” would streamline and coordinate cryptocurrency policies across federal agencies like the SEC and CFTC, with industry executives. This move could significantly impact the regulatory landscape for digital assets, fostering better... source: https://crypto-economy.com/digital-assets-in-focus-trump-team-considers-white-house-crypto-role/

The post Binance Listing Sends SLERF and SCRT Prices To New Height appeared first on Coinpedia Fintech News Binance’s recent listing of SLERF and Secret (SCRT) tokens on Binance Futures has created a buzz in the crypto market. The tokens began trading with 75x leverage starting November 21, igniting a surge in their prices. SCRT saw a 30% price increase, hitting $0.41 before settling at $0.34,... source: https://coinpedia.org/crypto-live-news/binance-listing-sends-slerf-and-scrt-prices-to-new-height/

Golden Picture, the future financial storm is coming, BTC exceeds 100,000 US dollars. Golden Finance, the increase in 15 years is more than 1.72 million times, the future financial storm is coming.

If Web3 payments are mainly based on transactions using the money we have now, then PayFi allows us to use tomorrow's money to make transactions.

The on-chain activity has been very high recently, with Bitcoin on its way to 100,000, and the Meme track also constantly creating wealth.

Recommended readings tonight: 1. The signal of change in the global economic and financial system has been released; 2. Sun Yuchen bought the $Ban site for $6.2 million. Is Comedian $Ban still available for purchase? ; 3. Why is the meme coin market developing so amazingly?

Tron founder Justin Sun purchased artist Maurizio Cattelan’s iconic work Comedian Banana for $6.2 million.

South Korean authorities have linked the 2019 Upbit exchange hack to North Korea, with over $1 billion worth of stolen ether. The investigation, aided by the FBI and Swiss authorities, traced the stolen funds, recovering some of the assets.

Bitcoin, Polymarket, and DeFi all have bright prospects.

BTC, RWA, How is the construction of the Bitcoin City in El Salvador going? Golden Finance, In the crypto world, El Salvador is also a well-known existence.