Monthly archives: February 2024

A former Bloomberg analyst says that fundamental blockchain analysis points toward the notion that crypto is headed towards mainstream adoption. In a new thread, Jamie Coutts tells his 10,600 followers on the social media platform X that Metcalfe’s Law – which states that the value of a communications network is proportional to the square of …

Continue reading “Here’s the Signal That Crypto Is Headed for Mainstream Adoption, According to Real Vision Analyst Jamie Coutts”

A widely followed crypto analyst is keeping an eye on Bitcoin (BTC) and altcoins as the crypto markets rage. Crypto trader Michaël van de Poppe tells his 697,000 followers on the social media platform X that the altcoin markets are about to explode. The analyst uses the blockchain data provider Covalent (CQT) as an example. “The rotation …

Continue reading “Crypto Analyst Says Altcoins Are on the Rise, Warns of Possible Correction for Bitcoin”

The Internal Revenue Service (IRS) is onboarding two former crypto executives to bolster the tax agency’s enforcement efforts in the digital asset space. In a new press release, the IRS says it recruited Sulolit “Raj” Mukherjee and Seth Wilks to serve as executive advisers for the agency. Mukherjee previously worked as global head of tax …

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New data reveals that spot market Bitcoin (BTC) exchange-traded fund (ETF) inflows have reached a new all-time high as the crypto king pushes near the $64,000 price tag for the first time in years. According to the analytics arm of crypto exchange BitMEX, driven by asset management titan BlackRock, Bitcoin ETFs saw over $673 million …

Continue reading “$673,400,000 of Inflows Pour Into Bitcoin ETFs in a Single Day As Financial Titan BlackRock Leads the Pack”

Investor Brian Kelly warns Bitcoin (BTC) may soon suffer a significant market correction after soaring into the $60,000 range. In a new interview on CNBC’s Fast Money, the founder and CEO of digital asset investment firm BKCM says Bitcoin could decline to around $43,000, a 30% drop from its current value. “This is an asset that …

Continue reading “CNBC’s Brian Kelly Issues Imminent Bitcoin Price Warning, Says Two Altcoins May Benefit From BTC Reversal”

February 29, 2024 – Amsterdam, Netherlands Scantrust and LTO Network partner for secure, transparent items. Scantrust’s innovative ‘Secure QR codes,’ a well-known and proven tool against counterfeiting, can now be used in conjunction with LTO Network’s secure, transparent blockchain technology. This allows organizations that depend on critical documents and high-value, luxury goods to have additional …

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Sam Bankman-Fried’s legal team is seeking a lighter-than-recommended sentence for the convicted founder of the bankrupt crypto exchange platform FTX. In a new court filing, Bankman-Fried’s lawyers say they disagree with the Presentence Investigation Report (PSR) recommendation that the former executive should be sentenced to 100 years behind bars. The PSR – which is prepared …

Continue reading “Sam Bankman-Fried’s Lawyers Push for Maximum 78-Month Sentence, Say Recommended 100 Years Is ‘Grotesque’”

A former International Monetary Fund (IMF) chief economist is sounding the alarm about the US government’s insatiable thirst for debt. New data from the U.S. Treasury Department shows that the national debt rose from $34.155 trillion on February 1st to $34.368 trillion on February 23rd. That’s an increase of over $213.182 billion in about three …

Continue reading “$213,182,743,000 Piled Onto US National Debt in Just 23 Days As Former IMF Chief Economist Says He’s Extremely Worried About Borrowing Binge”