CoinChapter

The anonymous Bitcoin creator, Patoshi, has become the 13th wealthiest person in the world with an estimated $101.3 billion worth of BTC. However, given the size of the holding, even selling a small proportion could disrupt the market and cause a sharp drop in prices. The identity of Patoshi remains unknown, with theories suggesting it was either an individual or a group of individuals.

MicroStrategy stock has grown 94% year-to-date (YTD) in 2024, fueled by Bitcoin’s rally above $97,000. The company holds 331,200 BTC, now valued at approximately $32 billion, with unrealized gains of $15.51 billion, based on data from Dropstab.

MicroStrategy BTC Portfolio Growth Chart. Source:

Sky Mavis co-founder Jeffrey Zirlin has suggested that regulatory clarity could bring about increased growth in the DeFi sector and blockchain gaming under President Trump's administration. Zirlin spoke about the barriers that regulatory pressures put on developers and how a shift in policy could provide them with greater opportunities to create new token distribution models. He also noted the appeal of meme coins to those primarily interested in short-term speculative activity and how these coins could drive early adoption of blockchain gaming.

The AI token market saw a sharp decline following Nvidia's Q3 fiscal 2025 earnings report, despite the company posting strong growth. Investor concerns around competition and profitability in the AI sector caused Nvidia's stock to drop 3%, triggering the 4.3% drop in the overall AI token market cap, which now stands at $34.3bn. Top-performing tokens RENDER, ICP and NEAR Protocol failed to counteract the market slide, with RENDER experiencing a 9.1% decline.

Gen Z creator scams $30K with memecoin QUANT, but the crypto community rises up and pumps its value by 71,386%. Despite losing over 50% of its value, QUANT remains up by 28,000%. The creator launches two more memecoins, SORRY and LUCY, earning him another $24K before being exposed.

Avik Roy, president of the Foundation for Research on Equal Opportunity, has stated that while a Bitcoin reserve could benefit the US economy, it would not alone solve the nation's debt problem as it does not address the annual $2tn federal deficit. Senator Cynthia Lummis suggested buying 1 million Bitcoin and holding it for a minimum of 20 years, which Roy said could ease tensions in bond markets but would not leave underlying challenges unresolved. He pointed out that the US had previously depleted its gold reserves in the 1970s, which could happen again with Bitcoin.

Bitcoin is nearing the $100,000 milestone level and the price might continue to rise. The immediate resistance is near the $102,000 level, and a clear move above it could set the pace for a test of the $108,000 level. On the weekly chart, a parabolic curve is also forming with support at $82,000. If BTC drops below this level, a larger downside correction could occur.

Russia plans to restrict cryptocurrency mining across 13 regions due to electricity shortages during high-demand seasons. The move comes after the government introduced new regulations on the industry. The restrictions will last until 2031 in areas including Irkutsk, which is a major hub for crypto mining. The Siberian region has previously attracted miners due to low energy costs and abundant hydropower.

Is SUI Price Rally About to Crash? Overbought Signals Hint at a 32% Drop.

NOIDA (CoinChapter.com) — SUI recently witnessed a sharp rally, mostly riding on the coattails of the wider crypto market’s bullishness. Bitcoin and Ethereum’s price spikes ignited optimism, encouraging traders to rotate

YEREVAN (CoinChapter.com) — The Trump transition team is uating potential candidates for the role of SEC chairman. Among the top contenders is Teresa Goody Guillén, a partner at BakerHostetler and co-leader of its blockchain practice. Her background includes serving as an attorney at the SEC and

Ripple (XRP) Hits Multi-Year High, Forms Bullish Pattern, But Correction Looms.

NOIDA (CoinChapter.com)—XRP recently reached a multi-year high of $1.12, a price level the token last saw in Nov. 2021. The Ripple token’s recent rally drew cues from market optimism and favorable macro

The Core Foundation, the entity dedicated to growing Core, the largest Bitcoin DeFi eco, today announced the Core blockchain’s adoption of the Fusion Upgrade, a significant update to the Core blockchain that redefines the potential for Bitcoin staking. The Fusion Upgrade further fuses Core and

Bangkok, Thailand, 18/11/2024 — WOW Summit Bangkok 2024 is over, but the buzz is still in the air. The event was hosted on 11 and 12 November and became a resounding success, bringing together industry leaders, innovators, and tech enthusiasts from around the globe. The two-day event, held at the