Author: News Room
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The […] Read the full article here
On March 29, the firm announced its Grayscale Dynamic Income Fund (GDIF) stating that it is its first actively managed investment product. Grayscale added that the new fund aims to optimize income in the form of staking rewards associated with proof-of-stake crypto assets. It is the latest effort from the world’s largest crypto asset manager to retain clients and capital following a huge exodus from its flagship product (GBTC) and its conversion to a spot Bitcoin ETF. Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in the form of staking rewards…
The Medallion Fund, managed by top mathematicians at RenTech, has achieved remarkable returns over the years. Renowned for its consistent profitability, the fund has yielded impressive results, reaching a staggering 7.4 times its initial investment over a span of 7 years. Read the full article here
The recent surge in Solana’s price has sparked widespread interest among investors and analysts, signaling a potential shift in market dynamics. This surge comes amidst a period of heightened volatility and speculation within the cryptocurrency space, further highlighting Solana’s resilience and attractiveness as an investment option. Read the full article here
The top crypto prices today registered a mixed action as the Bitcoin (BTC) price inched closer to drop below the $70,000 level. In addition, the Ethereum price neared a dip lower than the $3,600 mark. Meanwhile, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) gained notably. Read the full article here
James Hunsaker, a former employee of Jump Trading, made a shocking statement in the Terraform Labs case today. Hunsaker revealed that he had filed a notice against Jump Trading with the SEC, alleging Do Kwon’s role in backing the UST algorithmic stablecoin before its $40 billion collapse in 2022. Jump Trading Spent Hundreds of Millions of Dollars to Save LUNA 1 Year Before the Real Collapse According to the statement, Jump Trading, a mysterious frequent trading firm that also owns cryptocurrency, had entered into a “significant agreement” with Terraform Labs (TFL) to increase adoption of UST. Hunsaker, who worked at…
Bitcoin is on the verge of a supply crunch, according to recent insights from CryptoQuant’s “Weekly Crypto Report” dated March 26. The analysis highlights a looming “sell-side liquidity crisis” as demand for Bitcoin surges, particularly influenced by the introduction of spot Bitcoin exchange-traded funds (ETFs) in the United States. This increased demand, coupled with a dwindling supply, signals a pivotal shift in Bitcoin’s market dynamics, potentially altering its supply landscape irreversibly by the early months of 2025. CryptoQuant’s report illuminates the stark reality of Bitcoin’s dwindling sell-side liquidity. “Record Bitcoin demand paired with declining sell-side liquidity has resulted in the…
3A, a decentralized lending protocol, has recently announced its release on the Linea Mainnet. The company disclosed the news of the launch in its blog, announcing the major updates such as cashback pool and whitelisted collaterals. The company noted that the project will also offer the redemption fee to the owner of the vault. 3A Launches Its Lending Protocol on Linea The platform published a blog post to provide details about the project’s exclusive updates. While informing the DAO members about the respective features, the firm revealed its firm belief in the project’s future. While justifying the selection of Linea…
As April approaches, the crypto market braces for a wave of token unlocks, with 330 billion dollars worth of tokens set to enter circulation across various projects. Token unlocks, while sometimes viewed as potential sell pressure, also present opportunities for investors. The market is on its edge with the largest unlock on April 15 by BitDAO (BIT) will release nearly $1 billion worth of tokens, followed by APECoin (APE) with over $66 million and Aptos (APT) with over $52 million worth of tokens set to be unlocked. Let’s delve into five standout projects identified by crypto analyst AlΞx Wacy: Analysing…
XRP needs a daily candle close above $0.75 to confirm the onset of a bull rally, as per a crypto analyst. Surpassing $0.75 would mark a significant breakout from XRP’s 250-day accumulation range, signaling bullish momentum. The anticipated breakout is expected to propel XRP to $1.2 in the short term, offering promising returns for investors. XRP stands on the cusp of a defining moment. Market analysts and participants alike are on the edge of their seats, anticipating a surge that could see XRP break the coveted $1 mark. A recent analysis on social media platform X sheds light on this…