Bitcoin Policy Institute releases paper on Bitcoin as a strategic reserve asset

Bitcoin’s maturity as a decentralized digital asset has spurred discussions on its role within national reserves, drawing interest from US policymakers. Bitcoin’s evolution from an experimental asset to a recognized financial instrument provides new strategic avenues for economic stability, geopolitical resilience, and energy policy. The Bitcoin Policy Institute (BPI) released a comprehensive report on how The post Bitcoin Policy Institute releases paper on Bitcoin as a strategic reserve asset appeared first on CryptoSlate.

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German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid

German telecom giant Deutsche Telekom has partnered with Germany’s oldest bank, Bankhaus Metzler, to launch a pilot project testing Bitcoin mining infrastructure powered by surplus renewable energy. The initiative aims to utilize excess electricity from renewable sources that would otherwise remain unused due to grid limitations or insufficient storage options. Per the announcement on Monday, Nov. 4, The post German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid appeared first on CryptoSlate.

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Polymarket odds narrow sharply as whales slow down Trump betting

Polymarket’s leading holder of Trump shares has shifted, with ‘zxgngl’ surpassing ‘Fredi9999’ after significant buying activity on Monday morning amid shortening odds over the weekend. On Sunday Trump’s lead narrowed from 65% to 54% as whale pressure subsided. Whales persistently purchasing Trump shares regardless of price appear to have reduced their activity, leading to a The post Polymarket odds narrow sharply as whales slow down Trump betting appeared first on CryptoSlate.

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Judge may call Craig Wright back to the UK so he cannnot ‘hide behind a keyboard from a closet in Thailand’

Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in person and potential cross-examination. BitMex Research provided a live transcript of the court proceedings, during The post Judge may call Craig Wright back to the UK so he cannnot ‘hide behind a keyboard from a closet in Thailand’ appeared first on CryptoSlate.

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Majority of Bitcoin metrics reveal bearish outlook with price just 6% from all-time high

Nine out of nineteen core Bitcoin metrics tracked by CryptoQuant currently suggest a bearish outlook for the top digital asset. Just five are bullish, and the remaining five indicate a neutral position. Bitcoin’s price currently stands at $69,405.59, reflecting a 4% decrease over the past 24 hours but a 2.61% increase over the last seven The post Majority of Bitcoin metrics reveal bearish outlook with price just 6% from all-time high appeared first on CryptoSlate.

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