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TheNewsCrypto

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Microsoft Shareholders to Vote on Potential Bitcoin Investment

  • Microsoft shareholders will vote on a proposal to assess the potential of adding Bitcoin to its balance sheet.
  • The proposal was put forward by the NCPPR, citing MicroStrategy's success with Bitcoin.
  • Microsoft's board of directors recommends voting against the proposal, citing ongoing asset evaluations.
  • The December 10 meeting will also include votes on other corporate matters.

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TheNewsCrypto

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Bitcoin Pauses at $67.8K Before Resuming Price Rally Post Brief Dip

  • Bitcoin price has factored in a modest price increase of 0.72% in the last 24 hours.
  • Bitcoin has resurfaced at $67K after a brief dip, reaching an intraday high of $68,693.
  • The cryptocurrency experienced a loss of $20 million in a US government-related crypto wallet compromise.
  • Bitcoin has a neutral market sentiment with increased volatility and an opportunity for the bulls to regain control.

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Cryptonews

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SEC Filing Reveals Microsoft Shareholders to Vote on Investment in Bitcoin

  • Microsoft shareholders will be able to vote on a proposal regarding investment in Bitcoin.
  • The proposal suggests that investing in Bitcoin can protect against inflation risks.
  • Microsoft's board opposes the proposal and recommends shareholders to vote against it.
  • The annual shareholder meeting is scheduled for December 10.

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Cryptonews

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Despite ‘Trump Trade’ Jitters, Analysts Say On-Chain Metrics Bullish for Bitcoin, Likely Providing ‘Tailwind for Market’

  • Bitcoin rallied 11% in October, breaking months of sideways trading, but remains volatile.
  • Market jitters tied to Trump’s potential election win impact Bitcoin, as tighter monetary policy from his pro-growth agenda could dampen enthusiasm.
  • Recent regulatory approvals and profitable positions for short-term holders have positively influenced market sentiment.
  • Analysts suggest Bitcoin is transitioning from an enthusiastic to a euphoric bull market.

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Bitcoinist

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Michael Saylor Backpedals On Controversial Bitcoin Statement After Backlash

  • Michael Saylor faced backlash from the Bitcoin community over his remarks on custody and regulation.
  • Saylor argued that BTC is more secure when held by regulated public entities.
  • After receiving criticism, Saylor softened his stance and expressed support for self-custody.
  • Some in the Bitcoin community remain unconvinced by Saylor's clarification.

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Stackexchange

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send btc from P2SH(multisig and timelock script),got "Non-canonical DER signature"

  • The user created a 2/3 multisig script with timelock, where the admin can withdraw BTC after the timelock.
  • However, the bitcoin node returned an error with code -26 and message 'mandatory-script-verify-flag-failed (Non-canonical DER signature).'
  • The user shared the code snippet for creating the multisig locktime redeem script and constructing the multisig transaction.
  • The user also included the signatures and the resulting signature script, as well as the signed transaction and the transaction ID.

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Bitcoinsensus

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Kraken to Launch its Own Blockchain “Ink” in 2025

  • Kraken plans to launch its own layer-2 blockchain called Ink in 2025.
  • The blockchain aims to improve transaction speeds and offer new tools for asset management.
  • Kraken is partnering with Optimism and will share revenue and governance of the network.
  • Unlike some competitors, Kraken does not plan to launch a native token for the blockchain.

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Bitcoinsensus

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El Salvador President Uses Bitcoin to Help Build Schools in Honduras

  • President Bukele donated $133,000 in Bitcoin to build schools in Honduras.
  • The donation was made to support 'Students Helping Honduras'.
  • El Salvador continues to implement pro-bitcoin campaigns in the Nation.
  • El Salvador is widely regarded as one of the most pro-crypto nations in the world.

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Bitcoinik

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Microsoft Urges Shareholders to Vote Against Bitcoin Investment Proposal

  • The Microsoft board urged shareholders to vote against a Bitcoin investment proposal for the upcoming company’s annual meeting.
  • The board stated that the company already carefully considers investing in Bitcoin and other cryptocurrencies and monitors trends and developments related to them.
  • Microsoft argued that digital assets are highly volatile and not beneficial for its competitive position in the market.
  • Experts believe that while Microsoft might not adopt Bitcoin now, it is likely to do so in the future, as institutional Bitcoin adoption has already surged.

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Newsbtc

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Bitcoin Whale Numbers Return To January 2021 Bull Market Levels, Is A New ATH Coming?

  • The number of Bitcoin whale addresses holding at least 1,000 BTC is at its highest point since January 2021 bull market levels.
  • This milestone suggests a better chance of Bitcoin breaking above and creating a new all-time high very soon.
  • Whale accumulation has historically been a key factor in driving the Bitcoin price to peak levels.
  • Retail investors have also joined the action, showing a 13% rise in demand over the last 30 days.

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Stackexchange

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Preventing excessive rescans on startup

  • Upgrading to Bitcoin Core version 28.0 at coinos.io resulted in lengthy rescans causing approximately 30 minutes of downtime.
  • Around 200 watch-only descriptor wallets were loaded at startup, each undergoing a 30-40s rescan as the node rebooted.
  • During the rescans, the node became unresponsive to other RPC calls.
  • Attempts to abort the rescans using 'bitcoin-cli -rpcwallet= abortrescan' were unsuccessful.

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Bitcoinist

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Bitcoin’s Potential For A Short-Term Growth Hinted By Coinbase Premium

  • Bitcoin's potential for a short-term growth is hinted by Coinbase Premium.
  • The Coinbase Premium indicator suggests rising demand and bullish sentiment in the US market.
  • The market expert predicts a brief leg up for Bitcoin based on the analysis of Coinbase Premium Index.
  • However, a technical analyst warns of a potential price correction for BTC based on market cap analysis.

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Bitcoinist

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Microsoft Weighs Bitcoin Investment: December 10 Could Be A Pivotal Moment, Here’s Why

  • Microsoft has filed with the US Securities and Exchange Commission (SEC) indicating potential interest in Bitcoin investment.
  • A vote on the proposal will be held at the upcoming shareholder meeting on December 10.
  • The Microsoft board of directors is recommending a vote against the proposal, aligning with the views of co-founder Bill Gates.
  • Gates has expressed concerns about Bitcoin's volatility but acknowledges the potential advantages of digital currencies.

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Crypto-News-Flash

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Bitcoin’s Path to $200K: Institutional Adoption and Robust Network Fundamentals Set the Stage for Historic BTC Rally

  • Bernstein Research predicts a Bitcoin rally above $200,000 by 2025.
  • Institutional adoption and strong network fundamentals are cited as key factors.
  • Ten global asset managers control nearly $60 billion in regulated ETFs.
  • Bitcoin's strong network fundamentals and bullish sentiment point towards a potential historic rally.

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Zycrypto

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Cardano Set to Unlock Bitcoin’s $1.4 Trillion Market Through New Partnership

  • Cardano (ADA) has formed a partnership with BitcoinOS (BOS) to unlock Bitcoin's $1.4 trillion market.
  • The collaboration allows Cardano DeFi users to access Bitcoin's liquidity directly, without intermediaries.
  • The integration will be powered by the BOS Grail bridge, enabling seamless cross-chain transfers between the two blockchains.
  • This partnership positions Cardano as a major player in decentralized finance and opens up possibilities for innovative DeFi solutions.

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