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Companies in Two Capital Markets Reportedly in Negotiations to Implement Microstrategy’s Bitcoin Business Model
31.5.2024
Companies in two capital markets are looking to implement the business model that Microstrategy, led by entrepreneur Michael Saylor, pioneered in the U.S. According to David Bailey, CEO of Bitcoin Magazine, who denied one of these markets to be Korea, these operations are currently in...
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
29.5.2024
A phoney Arkbit cryptocurrency cloud mining enterprise has suffered a significant setback at the hands of the Texas State Securities Board. A cease-and-desist order was issued by the SEC on May 28 against Arkbit Capital for allegedly using dishonest tactics to commit an investment fraud.
The post...
Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback
29.5.2024
QCP Capital views the recent 2% drop below $68K as a minor blip in Bitcoin's broader uptrend, highlighting robust market fundamentals.
The post Bitcoin Price Prediction: QCP Capital Sees 2% Drop Below $68K as Temporary Setback appeared first on Cryptonews
NodeOps Raises $5 Million in Seed Round to Transform Node Infrastructure
28.5.2024
NodeOps has secured $5 million in seed funding led by L1D with participation from Blockchain Founders Fund and Finality Capital to enhance and simplify blockchain node deployment and management.
The post NodeOps Raises $5 Million in Seed Round to Transform Node Infrastructure appeared first...
Michael Saylor Says Ethereum ETF Approvals Are Good For Bitcoin – Here’s Why
27.5.2024
Michael Saylor is bullish that Ethereum ETFs could legitimize crypto as a whole, driving more institutional capital into Bitcoin by extension.
The post Michael Saylor Says Ethereum ETF Approvals Are Good For Bitcoin – Here’s Why appeared first on Cryptonews
Elon Musk’s xAI Secures $6 Billion To Compete With ChatGPT
27.5.2024
On May 26, Elon Musk's AI business, xAI, completed a successful $6 billion Series B fundraising round. Saudi billionaire Prince Alwaleed Bin Talal, Sequoia Capital, Andreessen Horowitz, and Vy Capital were among the participants in the most recent Series B investment.
The post Elon Musk’s...
Ether price could hit $4.5K before ETH ETF: DeFiance Capital founder
27.5.2024
Ether could rally another 15% before the first ETFs start trading on the market, according to Arthur Cheong
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
25.5.2024
The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management...
Crypto Governance Advisory MetaLeX Raises $2.75M
24.5.2024
VCs dump $125M into new AI music platform — Can we all become beat makers?
23.5.2024
Will we all soon be able to produce high-quality beats? VC investors seem to think this is the case as millions are poured into new AI music creation platform Suno
QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
23.5.2024
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense...
Ethereum Price Could Surge by 60% after Approval of Spot Ether ETFs in the US: QCP Capital
23.5.2024
The approval of spot Ethereum ETFs in the United States could potentially trigger a substantial rally of up to 60% in the price of ETH.
The post Ethereum Price Could Surge by 60% after Approval of Spot Ether ETFs in the US: QCP Capital appeared first on Cryptonews
SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
22.5.2024
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday
Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
22.5.2024
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more.
The post Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led...
NYAG Takes Victory Lap as Court Approves Genesis Settlement
21.5.2024
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state
Crypto Startup Funding Hits $2.4 Billion in Q1
20.5.2024
Crypto startup funding rose to $2.4 billion in the first quarter of 2024, driven by expectations of lower interest rates and the launch of the first U.S. bitcoin spot exchange-traded funds (ETFs), according to Pitchbook data. This funding, spread across 518 deals, marked a 40.3% increase from...
Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
20.5.2024
Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands...
Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now
20.5.2024
Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-traded fund (ETF), he predicts that other...
Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers
19.5.2024
The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onchain and market data platform Cryptoquant...
Bitcoin's $66.9K price holds strong casting doubts on a 'deep correction'
19.5.2024
Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood