Autore: wsjcrypto

“`html Stonegate Group, proprietor of the Slug & Lettuce and Be At One chains, has initiated initial discussions with advisers regarding a divestiture of a portion of its portfolio, according to industry insiders. This action comes as the firm faces difficulties with over £3 billion in liabilities amassed primarily due to its £3 billion acquisition of competitor Ei in 2019. The pubs currently under evaluation — 1,034 locations internally referred to as Stonegate’s “platinum” collection — are seen as some of the organization’s most robust properties. Insiders indicated that the package might attract bids of up to £1 billion. Stonegate…

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“`html Amid a surge of anxiety in crypto markets, speculations emerged on Friday that Strategy (MSTR) was offloading its bitcoin assets as both BTC and MSTR shares dropped.  Executive Chairman Michael Saylor swiftly dismissed the speculation, stating to CNBC, “We are acquiring bitcoin,” and assuring that the firm’s forthcoming acquisitions will be disclosed on Monday. He noted that Strategy is “intensifying [its] acquisitions” and hinted that investors may be “pleasantly astonished” by the recent developments. The speculations originated from on-chain transactions indicating BTC exiting company-controlled wallets, coinciding with a brief dip in bitcoin to below $95,000, its lowest mark in…

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“`html Today in cryptocurrency, Solari Capital, spearheaded by AJ Scaramucci, has allocated over $100 million into American Bitcoin, while a crypto executive shares insights on the investment climate beyond Bitcoin and Ethereum. Simultaneously, Steak ‘n Shake reveals plans for expansion into El Salvador.Scaramucci family invested upwards of $100M in Trump’s Bitcoin mining enterprise: ReportThe Scaramucci family has contributed over $100 million into American Bitcoin, the mining firm associated with US President Donald Trump’s offspring.The investment was facilitated by Solari Capital, the investment advisory established by AJ Scaramucci, which spearheaded the company’s $220 million financing round in July, just months prior…

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“`html Trusted Editorial material, examined by prominent industry specialists and experienced editors. Ad Disclosure OKX CEO Star Xu has launched a reward of 10 BTC for individuals to present proof regarding an alleged backdoor in the exchange’s DeFi wallet. This update follows the recent introduction of DEX trading for users by the Seychelles-based exchange. Demonstrate Backdoor Existence, Xu Urges Crypto Community On November 15, an X account named OKxiaohai asserted that the OKX wallet contained a backdoor permitting malicious actors to access users’ private keys. OKxiaohai, an employee with hardware wallet company OneKey, leveraging previous customer service experience, based this…

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“`html By Mon Abrea, Global Tax Policy Specialist and Chief Tax Consultant, Asian Consulting Group Enterprises — ranging from small business owners to large organizations — are experiencing a breath of relief after President Ferdinand Marcos, Jr. directed the Bureau of Internal Revenue (BIR) to reallocate its audit and enforcement initiatives toward those associated with the multibillion-peso flood-control corruption scandal. The President’s directive serves not only as a response to a scandal but also as an indication that the government is finally attentive. For years, advocates for reform have pushed the BIR to cease bothering compliant taxpayers and instead concentrate…

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“`html A recent observation from crypto expert CryptoTank has highlighted a persistent misunderstanding regarding the magnitude of the XRP community. His message concentrated on the frequently cited figure of seven million XRP wallets and elaborated on why this statistic does not accurately reflect the count of genuine holders.  This elucidation comes at a moment when XRP is now set to begin attracting institutional investments from the newly introduced Canary Spot XRP ETF. Related Reading Why Wallet Quantity Doesn’t Equal Holder Quantity CryptoTank pointed out that nearly 7 million wallets containing XRP does not equate to millions of individuals possessing the…

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“`html Today in crypto, Steak ‘n Shake reveals its expansion into El Salvador, Robert Kiyosaki claims a global cash deficiency is fueling the market downturn and states he’s retaining Bitcoin and gold, and crypto executive Jeff Park expressed endorsement for the CFTC to take precedence in crypto regulation. Steak ‘n Shake reveals expansion into El SalvadorThe American fast-food restaurant chain Steak ‘n Shake declared it is extending its reach to El Salvador in an announcement made on Saturday.Steak ‘n Shake initially started accepting BTC as a method of payment at its dining locations in May. The company stated in a…

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“`html Will Peck, the head of digital assets at WisdomTree, foresees that exchange-traded funds (ETFs) that hold varied portfolios of cryptocurrencies will address a considerable vacancy in the market in the upcoming years.“It certainly appears that this is going to be one of the subsequent waves of acceptance,” Peck informed Cointelegraph at The Bridge conference in New York City on Wednesday. “It meets a requirement, I believe,” he added.Peck clarified that while numerous new investors now grasp the notion of Bitcoin (BTC), they often find it challenging to evaluate the “next 20 range of assets.” He stated that a diversified…

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“`html There is a necessity for enhanced collaboration among sectors to guarantee that Filipinos living with diabetes obtain thorough workplace assistance, advocates mentioned on Wednesday. The appeal was articulated by health and patient advocates, together with policymakers, spearheaded by the Philippine College of Endocrinology, Diabetes, and Metabolism Inc. (PCEDM), coinciding with the observance of World Diabetes Day on Friday, Nov. 14. PCEDM highlighted that type 2 diabetes ranks as the nation’s fifth leading cause of death, impacting 8.2% of adults or approximately 5.5 million Filipinos, while patients still encounter stigma and insufficient workplace support. It also stated that diabetes can…

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“`html The Bitcoin value dipped to new six-month lows on Friday, decisively falling beneath the psychological $100,000 threshold and exacerbating a sell-off that has eradicated nearly a quarter of its worth in just over a month. By midday, the bitcoin value was fluctuating between $94,000 and $97,000, marking its weakest position since early May and a significant decline from October’s $126,296 all-time high, as per Bitcoin Magazine Pro data. At the moment of writing, the bitcoin value stands at $94,850 but has rebounded from levels around $94,000. This decline concludes a tumultuous week in global markets, where risk-sensitive assets, from…

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