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AI offerings are a bad joke, and investors aren't laughing
10.8.2024
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments
Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments
10.5.2024
Kiyosaki discussed the importance of portfolio diversification including cryptocurrencies, stressing that the dollar decline is iminent.
The post Robert Kiyosaki Says Dollar Decline is Imminent, Advocates BTC, ETH Investments appeared first on Cryptonews
Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints
6.5.2024
Ripple stablecoin is supposed to be backed 1-to-1 by US Dollar deposits, US government bonds and other low-risk investments.
The post Ripple to Launch USD-Backed Stablecoin in June? CTO David Schwartz Hints appeared first on Cryptonews
Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App
1.5.2024
The app – “E-Nugget” – masqueraded as a gaming platform, reportedly enticed gamers, promising multi-fold returns on their investments.
The post Indian Enforcement Directorate Seize Over $10M Cryptos Linked to Online Gaming App appeared first on Cryptonews
Robert Kiyosaki Says No to Spot Bitcoin ETF Investments
12.4.2024
Prominent author of "Rich Dad, Poor Dad," Robert Kiyosaki, stated on April 12 that he would never participate in exchange-traded funds (ETFs) that track Bitcoin spot prices or in any other "Wall Street financial products."
The post Robert Kiyosaki Says No to Spot Bitcoin ETF Investments appeared...
Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams
5.4.2024
The Brooklyn District Attorney's office has seized 21 web domains associated with fraudulent cryptocurrency investments.
The post Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams appeared first on Cryptonews
Paradigm Targets Over $750 Million in Upcoming Fundraising Effort
3.4.2024
Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments.
The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews
BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing ETF Ever”
28.3.2024
BlackRock's iShares Bitcoin Trust (IBIT) continues to gain traction in the cryptocurrency market, with recent data revealing a significant influx of $320 million in new investments.
The post BlackRock’s IBIT Reports Another $320M in Inflows, Larry Fink Hails it as “Fastest-Growing...
New Zealand Regulator Warns Against Crypto Exchange Clone
27.3.2024
New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.
The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews
South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam
26.3.2024
The Haeundae Police Station in Busan, South Korea, has caught a pair of fraudsters who stole $4.1 million from a senior citizen with the promise of profitable crypto investments.
The post South Korean Police Capture Fraudsters Who Stole $4.1 Million in Crypto Investment Scam appeared first...
PUMP Chinese Meme Coin Raises 280m in Crypto Presale, Where Will Funds Rotate Next?
24.3.2024
BakerySwap's PUMP Chinese Meme Coin presale hits a groundbreaking $280 million, sparking curiosity about the next big move in crypto investments.
The post PUMP Chinese Meme Coin Raises 280m in Crypto Presale, Where Will Funds Rotate Next? appeared first on Cryptonews
South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto
12.3.2024
A South Korean law firm operator was jailed in Busan on March 11 after they were found guilty of stealing clients’ money to spend on crypto investments.
The post South Korean Law Firm Chief Jailed for Stealing Customer Money to Invest in Crypto appeared first on Cryptonews
VARA’s CEO Predicts Boom in UAE Crypto Market Post FATF Grey List Exit
8.3.2024
Matt White, CEO of Dubai’s Virtual Assets Regulatory Authority (VARA), sees the Financial Action Task Force’s removal of the UAE from the grey list as a positive move, clearing the way for increased crypto-related investments.
The post VARA’s CEO Predicts Boom in UAE Crypto...
Stanford University Endowment Ventures into Bitcoin with BlackRock ETF Investment
5.3.2024
Stanford University recently dedicated 7% of its endowment to Bitcoin investments. Leader of the Stanford Blockchain Club, Kole Lee, announced on March 5 that the university's student-run Blyth Fund had allocated 7% of its portfolio to Bitcoin.
The post Stanford University Endowment Ventures into...
USDC Grows In Non-US Markets as Market Cap Taps $28 Billion
27.2.2024
The market capitalization of Circle’s USDC moved past $28 billion with a gradual increase from Q4 2023 amid wider institutional investments.
The post USDC Grows In Non-US Markets as Market Cap Taps $28 Billion appeared first on Cryptonews
Asian Family Offices Seek to Supercharge Crypto Investments
19.2.2024
Asian family offices are gearing up for higher investments in cryptocurrencies, as Bitcoin extends an uptrend streak. DealStreetAsia reported on Monday that wealth managers found offices that are already invested in crypto intend to dive even deeper. Revo Digital Family Office’s Zane Kwan...
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
19.2.2024
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments. The move is seen as a potential campaign promise for the upcoming general election scheduled for April. The party aims to prioritize establishing...
Bitcoin Price Prediction as $20 Billion Pushes BTC Above $48,000 – $100,000 Incoming?
12.2.2024
Bitcoin‘s market position is bullish as it hovers near $48,000, amidst widespread anticipation of potential growth to $100,000. Glassnode’s analysis marks the current Bitcoin market as “high risk,” emphasizing the volatile nature of cryptocurrency investments. Grayscale...
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...
Bitcoin Emerges as ‘Flight to Safety’ Asset, Outshining Gold, Says Cathie Wood
7.2.2024
ARK Invest’s CEO Cathie Wood believes there is a shift in investment trends, specifically, a growing preference for bitcoin over traditional gold investments. This trend has been particularly pronounced following the launch of spot bitcoin ETFs, offering investors streamlined access to...