Renowned Investor Jim Rogers Expects All Cryptocurrencies to ‘Disappear’ — Says Bitcoin Will ‘Go to Zero Someday’
24.3.2024
Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, expects all cryptocurrencies, including bitcoin, to disappear someday. Anticipating bitcoin going to “zero,” he stressed: “I’m very skeptical of crypto. I don’t expect...
Robert F Kennedy Jr Sees Cryptocurrency as the ‘Best’ Inflation Hedge — Says Crypto ‘Takes Control Away From the Government’
24.3.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says cryptocurrency is the “best hedge against inflation.” He stressed that crypto “takes control away from the government and from the monopolistic banking system which uses money printing to shift wealth upward...
Kenya Resists US Government’s Lobbying for Worldcoin, Considers Limiting Use of Tiktok
23.3.2024
The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin’s operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also considering restricting officials’ use of the social...
FTX CEO Disputes Sam Bankman-Fried’s Claims of Solvency and No Harm to Creditors
23.3.2024
John J. Ray III, the chief executive officer of FTX Trading Ltd., has issued a strong rebuttal against former CEO Sam Bankman-Fried’s assertions regarding the company’s financial state and the impact on its creditors. FTX Chief Restructuring Officer and CEO Debunks Bankman-Fried’s FTX Solvency...
Report: Bitcoin’s Mining Landscape Braces for Shift as Halving Could Slash 100 EH/s of Hashpower
23.3.2024
Based on a recent analysis, numerous outdated bitcoin mining devices likely powered up in response to the latest uptick in bitcoin’s value. However, with the anticipated block reward halving, it’s projected that around 100 exahash per second (EH/s) of computing power might...
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
23.3.2024
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024,...
JizzLord meme coin’s rapid rise following presale success
23.3.2024
The Solana meme coin world is buzzing yet again. This time around, with the debut of the JizzLord token ($JIZLRD) and its significant liquidity pool (LP). $JIZLRD’s LP event follows the meme coin’s highly successful pre-sale, which closed on March 20. The pre-sale exceeded its initial goal...
Crypto Markets Require Transparency, Says SEC Chair Gary Gensler
23.3.2024
The US Securities and Exchange Commission (SEC) Chair Gary Gensler has criticized crypto industry participants for avoiding registration requirements with the regulator.
The post Crypto Markets Require Transparency, Says SEC Chair Gary Gensler appeared first on Cryptonews
9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone
23.3.2024
In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone. Excluding GBTC...
NFT Sales Tumble 18.57% in 7 Days Amid Broad Crypto Market Retreat
23.3.2024
This week’s non-fungible token (NFT) sales have taken another nosedive, intensifying the downtrend that began with a 16.55% decline from March 9 to March 16, 2024. The last seven days have witnessed an even steeper drop, with NFT sales plummeting by 18.57%. Cryptopunk #7,804 Shines in a Week...
From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days
23.3.2024
As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since evolving into an exchange-traded fund (ETF) listed on public exchanges...
UK Court Convicts Woman Found With More Than $4.3 Billion in BTC
23.3.2024
A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such as multimillion-dollar houses and jewelry. Converting Bitcoin to Physical...