Author: News Room
Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some […] Read the full article here
A closely followed crypto analyst believes that rallies are in sight for a couple of altcoins including the native asset of the decentralized oracle network Chainlink (LINK). Pseudonymous analyst Inmortal tells his 211,300 followers on the social media platform X that he sees LINK rallying close to $26. But before Chainlink could surge to a level last seen over two years ago, Inmortal sees the altcoin dropping to as low as $15. “LINK: $15-$17 is a good range to add to spot bags. Quite simple.” At time of writing, Chainlink is trading for $18.30. Next up, the trader is also…
In a recent turn of events, Arkham Intelligence has unveiled asset manager Grayscale’s astounding Bitcoin transfers since the launch of Bitcoin ETFs on January 11. Reportedly, Grayscale has moved a total of 266,470 Bitcoins out of their wallets for GBTC redemptions. At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS.Since GBTC started trading as an ETF on 11th January, Grayscale has transferred 266.47K BTC out of their wallets for GBTC redemptions.That’s a rate of 25.9K BTC per week. pic.twitter.com/tMT7T73ena — Arkham (@ArkhamIntel) March 23, 2024 According to the surprising estimations of Arkham Intelligence,…
In the sands of Arrakis and the bustling markets of feudal Japan, trade is the lifeblood of society. Just as the characters in Dune and Shogun navigated intricate webs of alliances and commerce, businesses face similar challenges in today’s complicated global trade landscape. Yet, as supply chains become increasingly complex, it’s blockchain technology that is up to the task of revolutionizing and modernizing trade finance, offering a transformative solution to the persistent trade finance gap. While trade may sound like a complex conversation, two recent releases covering the subject have drawn massive audiences. Dune: Part Two has generated over $490…
Floki developers are working on offering regulated digital banking accounts that can be funded with FLOKI tokens and used to transact in USD, EUR, and GBP. The project also includes plans for debit cards and staking services, with accounts being facilitated through a partner licensed in Canada, Spain, Dominica, Australia and the UAE. Floki developers are planning to offer users a regulated digital banking account they can fund using (FLOKI) tokens that transact in dollars, euros and sterling, lead developer B told CoinDesk. The development is part of a broader plan to release debit cards and staking services propelling the…
Vitalik Buterin says the coming five years will be a turning point. At ETHTaipei 2024, he shared his thoughts on what’s next for Ethereum and how it could change the real world. What caught him off guard on the crypto scene? NFTs and meme coins have had a wild ride — nobody saw that coming five years ago. But what’s really got him excited is the leap in ZK technology, or zero-knowledge proofs, which allows users to prove ownership of assets without performing additional operations. Ethereum has been changing fast, merging and tweaking its code. But with all these big…
With the native token of Solana facing an immense wave of supply, the market value of the SOL token plunged to 3% this week. Under the rising tensions of global affairs and the BTC price back at $65000, the altcoins could witness a landslide. Despite the correction, the SOL price is preparing for a turnaround with a bullish pattern visible on the charts. Will the altcoin resurface above $200 with a breakout run or a fall to $150 is inevitable? Read the full article here
The U.S. Securities and Exchange Commission (SEC) has filed its opening remedies brief in the ongoing legal tussle against Ripple. Prominent XRP lawyer James K. Filan made this known in an X post today, emphasizing that the SEC’s opening remedies-related brief and supporting documents were filed under seal. #XRPCommunity #SECGov v. #Ripple #XRP The @SECGov has filed, under seal, its opening remedies-related brief and supporting documents. These documents are not public yet. Public, redacted versions will be filed no later than Tuesday, March 26, 2024. — James K. Filan 🇺🇸🇮🇪 (@FilanLaw) March 22, 2024 Public Release Date Since these documents…
Recently, SEC Chair Gary Gensler issued fresh warnings about cryptocurrencies amid Bitcoin’s surge to a new all-time high. He emphasized concerns about abuses and fraud within the crypto space, cautioning investors about the speculative and volatile nature of Bitcoin. Although Gensler refrained from commenting specifically on pending applications, he did highlight broader challenges in the crypto industry, including risks associated with intermediaries pooling digital assets without providing adequate disclosures, which could jeopardize investors. The latest data shows that the rise of fraud in the crypto industry is correlated with the uprising of Bitcoin. 2023, biggest year for crypto fraud Based…
BNN Bloomberg is a Canadian business and financial news channel born from a partnership between Bell Media and Bloomberg Media. It offers live market coverage, breaking news, expert interviews, and economic analysis, making it the go-to source for investors, business leaders, and anyone seeking to stay informed about the financial world. Beyond television, BNN Bloomberg’s resources include a website with up-to-date articles, data, and videos, and Canada’s only all-business news radio station. Per a recent BNN Bloomberg article, the crypto trading space is witnessing a renewed interest, not just from individual “YOLO” traders but also from sophisticated hedge-fund clients associated…