Paolo Ardoino, chief executive of Tether, shared his views on bitcoin and the wider crypto industry on Thursday in the Bitcoin Capital podcast co-hosted by Bitfinex Securities and Blockstream. Ardoino said he believes bitcoin "remains highly correlated with capital markets" and could therefore be affected by an AI bubble - a hypothetical stock market bubble that is gradually forming in the context of the current AI boom....
According to the official news, the OKX "Flash Earn" Midnight (NIGHT) event will be officially launched at 16:00 (UTC + 8) on December 9. The total amount of this event is as high as 400 million NIGHT, which is 10 times the size of the airdrop of this project. It is mainly aimed at OKB holders and other supported currency users. Users can use OKB, USDT, BTC, ETH or ADA to participate in the subscription. The minimum subscription threshold starts from about 100 U. The subscription limit increases...
According to SoSoValue data, the US spot bitcoin ETF recorded a net outflow of $3.50 billion in November, setting the largest monthly negative flow record since this year. Since October 31, bitcoin ETFs have recorded net outflows for four consecutive weeks, with a total outflow of $4.34 billion. However, before the US Thanksgiving holiday, the last three days of November turned to net inflows.
Tuesday was the worst day for short-term traders who flocked to the hottest stocks since April's chaos was sparked by Mr. Trump's trade war. The sell-off hit the Retail Favorites Index, a basket compiled by Goldman Sachs and heavily held by lay traders, particularly hard after Palantir reported disappointing earnings and Michael Berry, the prototype of The Big Short, revealed he was short the stock and Nvidia.

Gold prices plunged 6 percent on Tuesday, the biggest one-day drop since April 2013, according to the Financial Times. The historic gold rally came to a halt at the end of India's Diwali gold buying season. After hitting a high of $4,381 an ounce on Monday, gold prices plunged to $4,082 on Tuesday in what was widely seen as a belated correction. The historic rally so far this year has accelerated in recent weeks, gaining 25 percent in the past two months alone. MKS PAM...
Spot silver fell by more than 5%, the largest decline in six months.
Newsmax authorizes up to $5 million for the purchase of Bitcoin and Trump Coin.