In addition to Bitcoin (BTC), Reddit holds Ethereum (ETH) and Polygon (MATIC) as a result of investments and sales revenue. Social media company Reddit revealed that it has invested in and otherwise holds various cryptocurrencies on Feb. 22. Reddit included that information in a filing with the U.S. Securities and Exchange Commission (SEC). The filing …
Continue reading “Reddit Discloses Bitcoin and Other Crypto Holdings In IPO Filing”
The CEO and founder of Morgan Creek Capital Mark Yusko believes that Ethereum (ETH) could appreciate to a five-figure price. Yusko says in an Altcoin Daily interview that going by the Bitcoin-to-Ethereum ratio that has existed for years now, Ethereum could go up by up to 410% from the present level if Bitcoin appreciates by …
Aligned within a year of its three halving events, Bitcoin had three major bull runs in its 15-year history. After each one, in 2013, 2017 and 2021, Bitcoin price typically drops significantly until the next one. However, the post-Bitcoin ETF landscape seems to have created new rules of engagement. Since February 16th, Bitcoin ETF flows …
Continue reading “What is the role of spot Bitcoin ETFs in modern investment portfolios?”
In only a few years, decentralized networks have witnessed tremendous growth, with treasuries collectively surpassing the $25 billion mark and memberships swelling. As several US states and nations like Switzerland, Malta, and Hong Kong introduce favorable crypto legislation, it’s hard not to see Web3 as the future shape of business organizations. However, the blockchain space …
Continue reading “Why a trustless, multichain approach to web3 demands direct integration”
Coinbase has answered the SEC request for comments on the proposed rule change to list the ETH Grayscale Fund as a spot ETF. Coinbase stated that ether was a commodity, and its status has been publicly recognized in a variety of circumstances by U.S. agencies and courts. Coinbase Supports Ethereum Grayscale Fund Conversion as a …
Fluidkey has announced it has opened its Optimism-based alpha to more users, allowing them to test their private solutions. Fluidkey seeks to solve the transaction privacy problem in EVM chains by leveraging ENS and stealth addresses, allowing users to use a new self-custodial asset for each payment, and segregating these movements to avoid linkability. Fluidkey …
Continue reading “Fluidkey Launches to Tackle the Transaction Privacy Issues on EVM Chains”
A popular crypto analyst believes the pre-halving rally for Bitcoin (BTC) is still in the beginning stages. Pseudonymous crypto trader Rekt Capital tells his 57,300 YouTube subscribers that based on historical patterns, Bitcoin’s pre-halving rally may extend for weeks longer. Bitcoin’s halving is scheduled to occur in April when BTC miners’ rewards are cut in …
HodlX Guest Post Submit Your Post AI (artificial intelligence) is the topic that has got the attention of not only tech enthusiasts but also the general public since last year. Is AI going to steal my job? Can it fully automate what I’m doing for a living? These and other questions make some people write …
US banks failed to stop scammers from stealing nearly half a billion dollars of their customer’s money in 2023, according to a new report from the Federal Trade Commission (FTC). In an overview on the state of scamming, the FTC says It tracked 11,950 reports of bank transfer and payment fraud in 2023, with banking …
The Energy Information Administration (EIA) paused the controversial survey of crypto mining firms on Feb. 23 following a lawsuit from members of the crypto mining sector. Crypto mining company Riot Platforms and the Texas Blockchain Council launched the lawsuit on Feb. 22. The case names the EIA, the Department of Energy, the Office of Management …
Continue reading “US agencies pause Biden-sanctioned emergency miner survey following lawsuit”
Coinbase CEO Brian Armstrong has dismissed reports of his cryptocurrency exchange being blocked by Nigerian authorities. He emphasized that Coinbase products are fully operational in Nigeria without any interruptions. “We have not received any outreach or communication from officials in Nigeria,” the Coinbase executive affirmed. Meanwhile, Binance has reportedly admitted that some users in Nigeria …
Continue reading “Coinbase CEO Says No Access Block in Nigeria, Platform Operating Normally”
U.S. presidential candidate and former President Donald Trump has acknowledged the growing popularity of bitcoin, stating that “a lot of people are doing it” and the crypto has taken on “a life of its own.” Trump further shared: “More and more I’m seeing people wanting to pay bitcoin and you’re seeing something that’s interesting so …
Binance Holdings is set to pay $4.3 billion in fines following the approval of its plea agreement with prosecutors by U.S. District Judge Richard Jones on Friday. Beyond the financial settlement, a third party will oversee Binance’s operations for a duration of five years. Historic $4.3 Billion Binance Settlement Approved by Seattle Judge Binance, the …
Continue reading “US District Judge Sanctions Binance’s $4.3 Billion Plea Deal”
Global debt has officially passed a record high of $313 trillion and according to a new study, a group of nations appear to be increasingly at risk of not being able to pay it back. Global debt soared $15 trillion from Q4 2022 to Q4 2023, says the Institute of International Finance (IIF), as reported …
Digital asset management giant Grayscale has submitted a proposal for a new privacy-focused exchange-traded fund (ETF) that involves the altcoin Zcash (ZEC). If approved, the Grayscale Privacy ETF’s investment portfolio will consist primarily of investments in data privacy solution providers, cybersecurity firms, blockchain-based privacy solutions and network security companies, according to an N-1A form filed …
