Hedge fund manager Ray Dalio says he’s still bullish on Bitcoin but has a greater penchant for gold. Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very small amount” of Bitcoin but said that he would choose gold if he had to make the choice between the two. “If you …
Continue reading “Billionaire Ray Dalio likes Bitcoin but would choose gold every time”
Uruguayan Senator Juan Satori has introduced a draft bill to regulate cryptocurrency and enable businesses to accept crypto payments. Satori joins a growing list of politicians from South American and Spanish-speaking countries that are seeking to bring crypto adoption into the mainstream. The Senator is not proposing the use of crypto as legal tender as …
Continue reading “Uruguay: Senator introduces bill to enable use of crypto for payments”
Ethereum advocates are bubbling with anticipation over the upcoming London hardfork which is scheduled to take place at block height 12,965,000 on Aug. 5. Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether rallied from a low at $2,450 in the early hours on August 4 to an intraday high at …
Continue reading “Analysts debate whether Ethereum’s London hardfork is a “sell the news” event”
Tesla chief executive Elon Musk has opened up about the electric car company’s total Bitcoin (BTC) holdings. Musk says on Twitter that the technology giant owns “close to” 42,000 Bitcoin, which is worth more than $1.60 billion at time of writing, according to CoinGecko. ADVERTISEMENT We don’t have that many Bitcoin, but it’s close …
Continue reading “Elon Musk Says Tesla Owns Close to 42,000 Bitcoin Worth $1.60 Billion”
Crypto asset manager Grayscale is accelerating its commitment to a Bitcoin exchange-traded fund (ETF). Today, Grayscale announced the appointment of David LaValle as senior managing director, global head of ETFs. ADVERTISEMENT “Dave is a pioneering leader in the ETF space with expertise spanning critical components of the ETF ecosystem, including product development, distribution, capital …
This “Crypto City” guide looks at Melbourne’s crypto culture, the city’s most notable projects and people, its financial infrastructure, which retailers accept crypto and where you can find blockchain education courses — and there’s even a short history with all the juicy details of famous controversies and collapses. Fast facts City: MelbourneCountry: AustraliaPopulation: 5.15MEstablished: 1835Language: …
Long-dated Bitcoin options and bulls still make waves with their ultra bullish bets, but even they must admit that the possibility of (BTC) trading above $60,000 in the next couple of months is dim. Many traders have added leveraged-long positions via futures contracts to chase after the elusive all-time high, but this seems like an …
Continue reading “This bullish Bitcoin options strategy targets $50K without risk of liquidation”
Lawmakers have written an amendment to an infrastructure bill in the United States Senate which proposes excluding certain crypto companies from the reporting requirements for brokers. In an amendment from Oregon Senator Ron Wyden on behalf of himself and Wyoming Senator Cynthia Lummis, with the support of Pennsylvania Senator Pat Toomey, the U.S. lawmakers suggested …
Continue reading “Three US Senators propose narrowing crypto tax language in infrastructure bill”
Optimism from bulls is the leading sentiment of the day after Bitcoin (BTC) price made its way back toward the psychologically important $40,000 level. In addition to the reversal from this week’s local low at $37,500, Gary Gensler, the chair of the United States Securities and Exchange Commission issued positive comments about the crypto industry and reaffirmed …
Continue reading “Analysts identify $40K as the make or break it level for Bitcoin price”
Ripple’s lawsuit with the US Securities and Exchange Commission (SEC) involved one of the largest crypto exchanges in the case discovery as Brad Garlinghouse’s motion to obtain Binance documents from the Cayman Islands has been granted by the court. Garlinghouse’s motion came as a part of the ongoing court case filed by the SEC, alleging that …
Continue reading “Ripple (XRP) granted access to Binance documents for SEC case”
It’s not every day that a seasoned cybersecurity player turns their back on a lucrative career spanning multiple organizations and projects, but Jorge Sebastio is exactly that. Sebastio, the former CTO of EcoSystem at Huawei Technologies, is an experienced cybersecurity executive with experience in AI, Blockchain, Cloud Computing, Cyber Security, Disaster Recovery, Big Data, and …
Continue reading “Talking DeFi farming and ‘luxury’ NFTs with crypto thought leader Jorge Sebastio”
Layer-2 scaling protocol Polygon announced today that Meme.com, a marketplace for meme-based NFTs and tokens, has launched on Polygon following their successful IDO and will collaborate with Polygon Studios to leverage the team’s extensive NFT expertise to help grow the meme token marketplace. Meme.com has developed a new meme-centric mode of investing, allowing users to …
Continue reading “Move over Shiba Inu (SHIB), a meme token marketplace is coming to Polygon”
Multichain yield platform Popsicle Finance ($ICE) suffered a significant exploit today, resulting in a loss of $21 million. Initial reports claim attackers took advantage of a flaw in the fee accounting mechanism, draining several tokens in the process. etherscan.io What’s more, the protocol in question, Sorbetto Fragola, was audited by Peckshield. Arguably giving investors a …
Continue reading “‘Audited’ DeFi project Popsicle Finance gets exploited for $21 million”
China’s cryptocurrency transactions related to criminal activities have decreased significantly over the past couple of years, a new report suggests. At the same time, its special administrative region of Hong Kong is seeing a spike in crypto-related crime this year, with authorities attributing the rise to the popularity of crypto investments. Chinese Crime-Related Crypto Transactions …
Continue reading “Crypto Crime Falls in China, Surges in Hong Kong, Reports Reveal”
press release PRESS RELEASE. Since May 30, the BTC mining difficulty has lowered for 4 times in a row. The mining rig migration is continuing, leading to a surge of incomes in mining farms outside China. With early layout of mining farms outside China, BitFuFu takes the lead to restart running plan and restock new …
