The Grayscale Bitcoin Trust (GBTC) share price has again made headlines. Its premium or discount to Bitcoin’s net asset value (NAV), often viewed as an indicator of institutional sentiment towards the cryptocurrency, has displayed a notable trend recently, even amid the prevailing bearish atmosphere. GBTC’s Evolving Price Dynamics The phenomenon of GBTC’s share price inching closer …
Continue reading “GBTC’s Discount Narrows Amid Bitcoin’s Downturn, But A Bullish Trend Is Coming?”
One coin that analysts seem to still be bullish on is Cardano’s native token ADA. However, despite all of the faith that remains in the digital asset, the price continues to tank and has fallen below multiple important support levels. Analyst Goes Deep On Cardano In an interview hosted by Altcoin Daily, crypto analyst Hashoshi …
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Bitcoin, the world’s most valuable cryptocurrency, is free-falling, looking at price action on September 11. From the daily chart, BTC is trading at $25,135, a marginal improvement after dropping to H2 2023 lows of $24,951 minutes earlier following an unexpected dump in the early trading hours of the New York trading session. The Bitcoin Sell-Off …
Continue reading “Bitcoin Flash Crashes To New H2 2023 Lows, $20,000 Incoming?”
In a recent Monday court filing, it was disclosed that the estate of bankrupt crypto exchange FTX has amassed approximately $7 billion in assets (3.4B in crypto), including $1.16 billion worth of Solana (SOL) tokens and $560 million in Bitcoin (BTC). The news sent shockwaves through the cryptocurrency market, with SOL and BTC experiencing negative …
Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To 11,196 Years Prison Sentence On Thursday, September 7, 2023, the former CEO of Thodex, which was one of the biggest cryptocurrency exchanges in Turkey, was …
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The announcement follows the launch of a $100 million fund back in April focused on investing in crypto projects in Asia. News Join us on social networks Crypto derivatives platform Bitget has announced a new fund focusing on growing its ecosystem and investing in regional exchanges, analytics firms, media organizations and entities that can contribute …
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Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing. News Join us on social networks Seemingly unfazed by a recent slew of court setbacks, United States Securities and Exchange Commission Chair Gary Gensler remains headstrong that his agency should be the …
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Digital assets manager CoinShares says institutional investors are currently less optimistic about crypto due to a strong dollar and ongoing regulatory concerns in the United States. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets saw outflows of nearly $60 million last week, marking the fourth week of outflows in a row. …
a16z crypto, Coinbase, Ledger, Bain Capital Crypto, Blockchain Capital, and Paradigm joined to advocate for clear regulations. News Join us on social networks A group of crypto and blockchain firms joined together to create a Texas crypto advocacy group, according to a Sept. 11 announcement. The group is called “Crypto Freedom Alliance of Texas,” and …
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Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Newsletter Join us on social networks Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates …
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ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll. Altcoin Watch Join us on social networks Arbitrum has emerged as a leading contender within the Ethereum network’s layer-2 scalability solutions, boasting a …
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U.S. Rep. Tom Emmer told an audience at Permissionless II that things are looking up for crypto and it’s time to concentrate the narrative on innovation. News Join us on social networks Blockchain could be used to authenticate the real from what is generated by artificial intelligence (AI), Congressman Tom Emmer suggested Sept. 11 at …
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If there’s a truth about the crypto market that rookie and experienced investors can agree upon, it’s confusing to grasp and full of surprises. With external factors such as market sentiment and interest rates influencing how cryptocurrencies’ trajectories evolve, more is needed than price predictions and a basic understanding of the area to make better-informed …
In this article we look at digital currencies moving toward a peak and whether sure results and future investing profits in Bitcoin will be seen. It will take a substantial period to invest in digital currency. For people who are living in Nigeria, as for you, these articles bring more exciting and awareness information to …
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Marcus said there’s still no universal protocol when it comes to transferring money, unlike information which can be shared via email. News Join us on social networks While information today can be easily transferred over the internet via email or text, global payments have remained in the “fax era,” according to the former president of …
Continue reading “Bitcoin will bring global payments out of the ‘fax era’ — Ex-PayPal boss”
