Galaxy Digital chief executive Mike Novogratz believes that Bitcoin now has access to an $84 trillion market following the approval of BTC spot market exchange-traded funds. Speaking at the Bitcoin Investor Day event in New York, the billionaire says BTC is witnessing a dramatic increase in adoption with the launch of the ETFs. He also …
Monthly archives: March 2024
AI’s Brave New World: Whatever happened to security? Privacy?
The following is a guest post from John deVadoss, Governing Board of the Global Blockchain Business Council in Geneva and co-founder of the InterWork Alliance in Washington, DC. Last week, I had the opportunity in Washington, DC to present and discuss the implications of AI relating to Security with some members of Congress and their …
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Bitwise Sees ‘Raging’ Bitcoin Bull Market — Expects April Halving to Be ‘the Most Impactful We’ve Seen”
Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve seen.” The firm’s chief investment officer explained that global wealth managers allocating just 1% of their portfolios to bitcoin would mean about $1 trillion of …
Panel Of Experts Reveal When The Cardano Price Will Reach $3
Panelists at global fintech company Finder have relayed a series of projections on the Cardano native token ADA. Despite the cryptocurrency’s slow growth recently, various crypto experts have predicted the price of ADA to surge to record highs soon. Cardano Expected To Rise Above $3 by 2030 A recent survey of panelists at Finders has revealed …
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Litecoin Soars Past $105 – Is LTC Set For Epic Rally This April?
Litecoin (LTC), the “silver” to Bitcoin’s “gold,” has surged in recent weeks, buoyed by a combination of technical factors, strong investor interest, and strategic accumulation by miners. The LTC price jumped 12% in the past 24 hours, reaching $106.40. This uptick follows a 40% year-to-date gain, with most of the growth concentrated in the last …
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Prepping For $100,000: Bitcoin Shark And Whales Spend Over $18 Billion To Buy BTC
Almost every Bitcoin investor is anticipating a continued price surge as the crypto continues to trade around the $70,000 price mark. On-chain data has shown a large part of this surge can be attributed to the accumulation by large whales. Bitcoin is undoubtedly home to a lot of these whale addresses holding hundreds of millions …
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Solana (SOL) Continues To Soar – How High Can It Go?
The Solana network’s native cryptocurrency, SOL, has been on an upward surge in the past three days, climbing from around $180 to over $210. Having failed to break its previous low of $162.74, the coin, which is currently ranked 5th in the crypto market with a total supply of 441 million and a market capitalization …
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Dogecoin Price Breaks New 3-Year High – Here Are Factors That Could Drive The Price To $1
The price of Dogecoin (DOGE) recently broke a 3-year high after rising to $0.22. This move continues the remarkable run made by the foremost meme coin and has strengthened the belief that DOGE could increase to $1 before the end of this bull run. Interest In Dogecoin Set To Skyrocket With Coinbase Listing Bitcoinist reported …
Binance Launchpool Announces Plans To Roll Out Trading Support for New Ethereum-Based Synthetic Dollar Protocol
Top global crypto exchange Binance has announced plans to support a new Ethereum (ETH)-based altcoin via its Launchpool platform. Binance Launchpool, which lets users stake coins to farm new assets, says its 50th project will be Ethena (ENA), a synthetic dollar protocol. Ethena aims to provide a crypto-native solution for money not reliant on traditional …
Robert Kiyosaki Urges Ditching US Dollar for Bitcoin — Warns Boomers’ Retirements Going Broke as Paper Assets Crash
Rich Dad Poor Dad author Robert Kiyosaki has urged investors to ditch the U.S. dollar and buy bitcoin alongside gold and silver. He warned that “baby boomers’ retirements are going broke as paper assets crash.” The famous author stressed: “I do not trust anything that can be printed.” Robert Kiyosaki’s Latest Warnings and Advice The …
Blackrock Spot Bitcoin ETF’s Holdings Soar Past 252K BTC — CEO Says He’s ‘Pleasantly Surprised’ by Retail Demand
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has significantly increased its bitcoin holdings, which have now surpassed 252,011 BTC, representing an approximate notional value of $18 billion. This substantial increase reflects a stronger-than-anticipated influx of retail investor demand, exceeding even the CEO’s initial expectations. Blackrock CEO Larry Fink: ‘I’m Pleasantly Surprised’ …
Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding economic health. Peter Schiff Warns: U.S. Economy on the Brink, Echoes of 2008 …
Online Pirated Streaming Content Witnesses Surge in Crypto Payments Between 2019 and 2023: Chainalysis
Crypto assets are increasingly being used to pay for pirated online streaming content, according to the blockchain analysis firm Chainalysis. Nordic Content Protection (NCP), a television anti-piracy non-profit, partnered with Chainalysis to track crypto addresses connected to illicit streaming. Total inflows to these addresses totaled approximately $24 million between 2019 and 2023, with a dramatic …
Wells Fargo Accused of Overcharging Thousands of Customers, Concealing Predatory Practice for More Than 10 Years: New Lawsuit
A new lawsuit accuses banking giant Wells Fargo of overcharging thousands of customers on credit card interest rates and fees for more than a decade. The class action lawsuit, filed by plaintiffs Carmin Nowlin, Tamika Haley and Jesus Rodriguez, alleges the bank charged active US military service members interest rates and fees that were above …
Litecoin Surges by Nearly 20% After US Regulator Refers to LTC as a Commodity in KuCoin Complaint
Litecoin (LTC) surged by nearly 20% over the past three days after the U.S. Commodity Futures Trading Commission (CFTC) referred to the asset as a commodity in a legal complaint. On Tuesday, the U.S. Department of Justice (DOJ) and the CFTC unsealed an indictment against the crypto exchange KuCoin and two of its founders, Chun …