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Gold Shatters Records as Investors Brace for Economic Turbulence
20.8.2024
Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices...
Indian Authority Arrests Man in Crypto Extortion Case
18.8.2024
A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt...
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
17.8.2024
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting...
Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows
16.8.2024
A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), offers...
VC Roundup: Crypto fundraising grows, but investors are more wary
16.8.2024
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge
VC Roundup: Crypto fundraising grows, but investors are more wary
16.8.2024
This edition of Cointelegraph’s VC Roundup features Parfin, Andrena, Blockscout, and Cartridge
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
Bitcoin’s bull rally will continue another 350 days: Bybit
14.8.2024
Bitcoin's 2024 bull run was mainly driven by institutional inflows, which could be the key to unlocking the next leg up
Core Scientific drops 10% after $400 million convertible senior note offer
14.8.2024
Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts
WazirX Under Fire; Investors Demand Justice Post $230M Hack
13.8.2024
On 18 July 2024, WazirX, India’s largest cryptocurrency exchange experienced a major security breach, which resulted in the…
Bitcoin Miner Core Scientific Announces $350 Million Convertible Senior Notes Offering
13.8.2024
Core Scientific, Inc., a prominent digital infrastructure provider for bitcoin mining, has revealed its intent to issue $350 million in convertible senior notes. This offering is anticipated to close in September 2029, with the raised capital earmarked primarily for debt repayment and other...
New Jersey Urges Investors to Withdraw Assets from Abra
13.8.2024
New Jersey state officials are sounding the alarm for residents with funds still tied up in the Abra…
Pump.fun hits record $28.7 million monthly agreement income for July
13.8.2024
The memecoin creation platform's record monthly income showcases the growing retail interest towards Solana-based memecoins like WIF and BONK
Investors flock to ETH products over BTC as markets recover — CoinShares
13.8.2024
Ethereum funds also lead Bitcoin ETPs in monthly performance, with $150 million in inflows in August so far
Investors flock to ETH products over BTC as markets recover: CoinShares
13.8.2024
Ethereum funds also lead Bitcoin ETPs on monthly performance with $150 million in inflows so far this month
New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra
13.8.2024
New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected...
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
Bitcoin price drops below $59K as institutions stop buying stablecoins
12.8.2024
Bitcoin price saw its local bottom last time Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%
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