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Andrew Tate Plans to Invest Big in Bitcoin, Leaving Fiat Completely
16.5.2024
Andrew Tate, a British-American social media personality and former professional kickboxer, has announced a plan to invest significantly in bitcoin, expressing frustration with banks and their scams. “I’m about to leave fiat completely,” he stressed. “I’m done...
Leading Trader Criticizes Worldcoin’s ‘Predatory’ Tokenomics, Labels WLD a Fake $60B AI Coin
15.5.2024
The Worldcoin project’s predatory tokenomics will not result in the “greatest transfer of wealth” to the masses but a transfer to the “pockets of the Worldcoin team and insiders,” a top-ranked trader has asserted. The top trader also accused project promoters of using...
Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round
15.5.2024
Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission...
From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT
15.5.2024
According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. Edmond de Rothschild Holding’s...
Macro Investor Dan Tapiero Predicts ‘Scary Bullish’ BTC Prospects; Foresees Crypto Asset Surpassing $90K
14.5.2024
Macro investor Dan Tapiero has described bitcoin’s prospects as extremely bullish. He predicts that if bitcoin breaks the $65,000 mark, it could likely rise to $90,000 and beyond. Although he acknowledges that the specific catalyst for bitcoin’s imminent breakout is unclear...
Tether CEO and Ripple CEO Clash Over USDT — Brad Garlinghouse Says ‘I Wasn’t Attacking Tether’
14.5.2024
Tether CEO Paolo Ardoino has responded to remarks made by Ripple CEO Brad Garlinghouse, branding him as an “uninformed CEO” and accusing him of fostering uncertainty about stablecoin USDT amid a U.S. Securities and Exchange Commission (SEC) investigation into his company. In reply...
Historian Yuval Noah Harari Expresses Skepticism About Bitcoin, Calls It ‘A Currency of Distrust’
13.5.2024
Last week at the BIS Innovation Summit 2024, Israeli historian, philosopher, and bestselling author Yuval Noah Harari shared his views on bitcoin and electronic currency. During his presentation, Harari emphasized his disapproval of bitcoin, stating it is its money “built...
Analyst Forecasts BTC to Reach $1 Million in 10 Years, Envisions It as Future Reserve Currency
13.5.2024
Onchain bitcoin analyst Willy Woo predicts that the leading cryptocurrency will reach the $1 million milestone within the next decade. During what he describes as “a time to be alive,” Woo anticipates witnessing a purge of central bank corruption. However, one of Woo’s...
Crypto Teams May Exit Space Due to Ethereum Security Classification, Amina Bank Report Suggests
13.5.2024
The classification of ethereum as a security poses not only risks to the entire crypto market, but it could also likely lead to many crypto teams exiting the space. This designation might hinder progress and potentially reverse years of advancements in the cryptocurrency market. The U.S. Securities...
Bitcoin’s ‘Existential’ Challenge: Core Developer Warns of a New Era of Internal Struggles
12.5.2024
Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of the pioneering cryptocurrency. From Freedom...
Bitcoin Whale From 2013 Resurfaces, Moves Over 1,000 BTC Worth $61 Million
12.5.2024
On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by...
ECB’s Joachim Nagel Urges Central Banks to Evolve: ‘We Need to Work on Our Business Model’
8.5.2024
Joachim Nagel, President of the Deutsche Bundesbank and Member of the Governing Council of the European Central Bank (ECB), has raised concerns about central banks’ business model. “If part of your core product is loosening attractiveness then you have to think about another new core...
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
7.5.2024
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency...
Warren Buffett Sees No Alternative to US Dollar as Reserve Currency — Berkshire Holding $188 Billion in Cash
6.5.2024
Warren Buffett, chairman and CEO of Berkshire Hathaway, asserts that there is currently no viable alternative to the U.S. dollar as the world’s reserve currency, suggesting that U.S. debt will remain acceptable “for a very long time.” Berkshire currently sits on a cash pile...
Block Is Buying Bitcoin Every Month for Its Balance Sheet
4.5.2024
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...
Paypal Partnership Allows US-Based Moonpay Users to Buy Crypto With Their Paypal Accounts
4.5.2024
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from the security offered by Paypal, a payment provider known...
US Government Could Target Bitcoin, Warns ‘Wolf of All Streets’ Amid Crypto Attacks
4.5.2024
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His warning followed recent regulatory actions by various government...
Messari CEO Criticizes US President’s Crypto Stance, Foresees ‘Mass Wealth Confiscation’ if Biden Gets Reelected
2.5.2024
Recently, Messari’s founder and CEO, Ryan Selkis, has expressed strong opinions about the potential impact of a Joe Biden reelection on the cryptocurrency industry in the United States. On Thursday, Selkis voiced his concerns on the social media platform X, stating that a “second Biden term...
Fidelity Digital Assets Study: Bitcoin’s Volatility Declines as It Grows, Echoing Historical Asset Trends
2.5.2024
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because...
Veteran Trader Peter Brandt Suggests BTC May Have Topped, Predicts a Decline to Mid-$30K
29.4.2024
According to veteran pro trader Peter Brandt, bitcoin may have peaked when it achieved a new all-time high of $73,835. However, there is a possibility that it could now decline to the mid-$30s or even lower, Brandt said. Interestingly, Brandt suggests that such a decline could be the “most...