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Bitcoin Price Prediction: BTC Consolidates Near $42,830 Amid Cathie Wood’s Gold Comparison
6.2.2024
Bitcoin price prediction; February 6, 2024 Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age. Market sentiment appears cautiously optimistic as influential...
JPMorgan Warns of Increased Risk for Crypto Market Due to Tether’s ‘Lack of Regulatory Compliance and Transparency’
6.2.2024
JPMorgan has warned of increased risk for the crypto market resulting from Tether’s “lack of regulatory compliance and transparency.” The global investment bank’s analysts explained that other stablecoin issuers that have been more compliant with existing regulations...
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Is Script Network (SCPT) a Good Investment this week?
5.2.2024
  Crypto investors are constantly on the lookout for promising opportunities that offer a unique blend of innovation, utility, and growth potential. Script Network ($SCPT) has emerged as a noteworthy player, captivating the interest of the crypto community with its distinctive features. With...
FTX Estate to Monetize AI Investment, Seeks Sale of Anthropic Shares Amid Bankruptcy Proceedings
5.2.2024
In a significant move within the crypto bankruptcy landscape, FTX Trading Ltd. has announced its intention to sell its equity interests in the artificial intelligence (AI) firm, Anthropic PBC. Holding close to an 8% stake, valued between approximately $1.47 billion to upwards of $2.4 billion,...
New Solana rival valued at $0.1 targets $18 in 2024, a more affordable and profitable investment opportunity over SOL
3.2.2024
The world of cryptocurrency is no stranger to innovation and disruption, and 2024 is poised to bring us a compelling new player in the form of Retik Finance. Often described as the “Ethereum killer,” Solana (SOL) has long been a dominant force in the crypto sphere. But now, with...
SEC Charges American Bitcoin Academy Founder With Fraud That Cost Students $1.2 Million
3.2.2024
The U.S. Securities and Exchange Commission (SEC) has charged the founder of American Bitcoin Academy, accusing him of running an online fraudulent crypto scheme that cost students $1.2 million. The defendant “falsely claimed that his investment strategies would be guided by his...
Andrew Tate’s Crypto Proposal Suffers Early Death and Draws Criticism From Industry Experts
2.2.2024
Social media influencer Andrew Tate stirred controversy in the crypto space after revealing plans to launch a digital coin with a now-deleted February 2 X post. The social media influencer has since deleted the post, however, stating that it was just a “joke.” Andrew Tate’s $100M...
Convincing Deepfake Video of Australian Billionaire Promotes Scam Financial Investment
2.2.2024
Cybersecurity firm Cybertrace has issued a stark warning regarding a highly convincing deepfake video featuring Australian mining magnate and businessman Andrew “Twiggy” Forrest. The deepfake video, which has surfaced on social media platforms, shows Forrest promoting a fake...
From Crypto to Likes: The New Wave of Digital Asset Flipping Among Crypto Investors
2.2.2024
  In the ever-evolving world of investment, cryptocurrency enthusiasts are finding a new lucrative avenue – digital asset flipping. This emerging trend sees investors who once solely focused on the volatile crypto markets now venturing into the realm of social media, where flipping digital...
UK Police Seize 61,000 Bitcoins From Huge Chinese Investment Fraud
2.2.2024
The U.K. Metropolitan Police have reportedly seized more than 61,000 bitcoins from a massive Chinese investment fraud. A British citizen is accused of laundering bitcoin for a Chinese fugitive who allegedly stole roughly $6.4 billion from more than 128,000 investors. British Police Seize Over...
Affected by the National Stock Market Downturn, Chinese Investors Have Flocked to Gold
1.2.2024
Chinese investors have been buying gold as an investment, motivated by the poor performance of traditional stock and property options. According to World Gold Council (WGC) reports, China had the largest demand for gold for jewelry and investment purposes in 2023. This, and the demand from central...
UK Police Seized $1.77 Billion in Bitcoin from Chinese Investment Fraud + More Crypto News
1.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news selection: UK Police Seized £1.4BN of Bitcoin from Chinese Investment Fraud Industry Leaders Band Together to Launch the Digital Assets...
South Korean Prosecutor in Court for Passing Information to a Virtual Asset Investment Fraudster
1.2.2024
On Jan. 30, a South Korean court continued with the trial of a prosecutor who is accused of passing sensitive information on the progress of an investigation to an alleged virtual asset investment fraudster. According to the Gwangju District Prosecutor’s Office, the acts by the prosecutor...
Ark Invest Breaks Down What it Would Take for Bitcoin to Hit $2.3M
1.2.2024
Investment firm Ark Invest published its latest Big Ideas report on Wednesday, outlining a pathway for Bitcoin to hit $2.3m. Ark’s Brett Winton wrote that for the best returns over 5 years, keeping 0.5% of one’s investments in Bitcoin would have been ideal. On average, allocating about 4.8%...
Rich Dad Poor Dad Author Explains Why He Owns Bitcoin Over Stocks
31.1.2024
Robert Kiyosaki – author of the famous personal finance book Rich Dad Poor Dad – has come out with another statement in support of Bitcoin (BTC) as a superior money and investment asset compared to traditional stocks. “Bitcoin is protection against the theft of our wealth via our money,” read...
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
31.1.2024
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported
Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
30.1.2024
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced...