MicroStrategy took a massive hit on Thursday after Citron Research revealed it’s betting against the company. The stock dropped by as much as 10% in intraday trading, reversing earlier gains of nearly 15%. Citron described the company’s Bitcoin-heavy strategy as detached from reality, effectively calling out its transformation into a Bitcoin investment vehicle. MicroStrategy’s stock […] source: https://www.cryptopolitan.com/bitcoin-whale-microstrategy-sees-its-stock-plunge-after-citron-bets-against-it/

The post Microstrategy Stock And BTC Price Have Hit A Record High Simultaneously! appeared first on Coinpedia Fintech News As per the latest report by MSTR-tracker data, the correlation coefficient between the Microstrategy (MSTR) stock price and the Bitcoin (BTC) has hit a record high around the same time recently. Moreover, the (100x) MSTR/BTC price ratio has reached 0.5 for the first time... source: https://coinpedia.org/crypto-live-news/microstrategy-stock-and-btc-price-have-hit-a-record-high-simultaneously/

The possibility of a U.S. Bitcoin Reserve has sparked intense speculation, especially after Trump's victory, with bipartisan support and predictions of Bitcoin reaching $1 million The post Is a Bitcoin Reserve on the Horizon? Trump’s Victory Sparks Excitement for a $1 Million BTC first appeared on Ecoinimist. source: https://ecoinimist.com/2024/11/21/bitcoin-reserve-1-million-btc/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reserve-1-million-btc

According to Cointelegraph, the Consumer Financial Protection Bureau (CFPB), a financial regulatory body in the United States, has finalized its rules concerning the 'Larger Participant' criteria for digital payment platforms. Notably, the transfer of crypto assets has been excluded from this rule. The finalized regulation applies to digital wallets like Apple Pay and centralized peer-to-peer payment services, but only for transactions conducted in US dollars. The CFPB clarified that the definition of 'annual covered consumer payment transaction volume' is limited to transactions in US dollars, thereby excluding digital asset transfers, including cryptocurrencies such as Bitcoin and stablecoins, from the larger-participant test. Industry stakeholders, including research-based investment firm Paradigm and pro-crypto nonprofit organizations, successfully opposed the CFPB's initial proposal, which included digital asset transactions. The CFPB's focus on digital payment services began in September 2023, targeting platforms like Apple Pay, Google Pay, and peer-to-peer services such as Venmo. The agency expressed concerns about potential monopolistic practices by Big Tech firms that could marginalize smaller companies. Rohit Chopra, the director of the CFPB, also highlighted concerns regarding the monetization of consumer data by these companies. Initially, the CFPB proposed extending its oversight to include crypto wallet providers, but this move faced resistance from the crypto industry and lawmakers. In January 2024, US lawmakers sent a letter to the CFPB, opposing the rule due to its potential impact on cryptocurrencies. They emphasized that peer-to-peer transactions through self-hosted wallets are crucial for the digital asset ecosystem as they eliminate third-party risk. Despite the opposition, the CFPB appeared to reinforce its stance in April 2024 by targeting blockchain video games, citing concerns over in-game asset tokens being traded outside the gaming ecosystem on electronic exchanges.

A look at a recent report by Galaxy looking at the economic viability of two way pegs secured by BitVM. source: https://bitcoinmagazine.com/technical/how-viable-are-bitvm-based-pegs

Dogecoin has set a 24-hour perpetual futures volume record on Kraken, surpassing Ethereum futures trading volume for the first time. source: https://www.theblock.co/post/327664/bitcoin-rally-fuels-record-dogecoin-perpetual-futures-trading-volume-on-kraken?utm_source=rss&utm_medium=rss

Semler Scientific, Inc. (NASDAQ: SMLR) shares are trading higher Thursday potentially following the company's recent announcement about its Bitcoin (CRYPTO: BTC/USD) activity, capital markets updates and performance indicators. Here's what you need to know. source: https://www.benzinga.com/trading-ideas/movers/24/11/42119418/semler-scientific-stock-is-surging-thursday-whats-going-on?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site

null source: https://x.com/BTC_Archive/status/1859653572507693223

Mastercard Multi-Token Network is connecting with JPMorgan's ambitious Kinexys Digital Payments for faster settlement. source: https://cointelegraph.com/news/mastercard-jpmorgan-cross-border-payment-solution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cardano whales have taken the driving seat following a bullish November. ADA has outpaced the top 10 cryptos by market cap, taking its price to $0.8. source: https://zycrypto.com/cardano-whales-notch-145-transaction-spike-as-ada-bulls-eye-breakout/

A cryptocurrency investor turned $1,331 into $3.4 million in just 15 days by buying Moo Deng tokens, raising questions about potential insider trading. The surge in value contrasts with a more conservative approach, where some investors focus on holding established assets for long-term gains.