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Robert Kiyosaki Advises Buying Bitcoin Before Price Explodes — Warns of Bonds Crashing
27.5.2024
Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting...
Can Bitcoin finally move on from Craig Wright?
27.5.2024
England's High Court of Justice delivered a heavy blow to Wright with a judgment that said he "lied to the court extensively and repeatedly."
Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules
26.5.2024
The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto...
Cristiano Ronaldo unveils 4th NFT collection with Binance despite $1B lawsuit
26.5.2024
The collection will launch on 29 May with fixed pricing across most items
Brazilian CBDC Pilot Postponed to 2025 Due to Inefficiency of Privacy Solutions
26.5.2024
The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart...
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
26.5.2024
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’...
Former Google China boss doubles down: AI to take 50% of jobs by 2027
26.5.2024
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots
Venezuelan Authorities Seize Over 6,000 Bitcoin Miners in 2 New Operations; Over 17,000 Confiscated In Total
26.5.2024
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due to its high energy consumption, has already...
FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts
26.5.2024
The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced...
Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen
26.5.2024
The recent approval of Ethereum ETFs has opened the doors for more crypto investment products, according to research from TD Cowen's Washington Research Group.
The post Ethereum ETF Greenlight Signals Path for More Crypto Investment Funds: TD Cowen appeared first on Cryptonews
Despite Ethereum ETF Approvals, ‘Altcoin Season’ Remains Far Off
26.5.2024
While the U.S. Securities and Exchange Commission (SEC) has approved several spot ethereum exchange-traded fund (ETF) 19b-4 filings, and ether alongside numerous digital assets have experienced double-digit increases over the past week, the much anticipated ‘altcoin season’ has...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
26.5.2024
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support the right to self-custody.” He will also “commute the sentence of Ross Ulbricht...
Uniswap reveals assets ahead of fee mechanism vote
26.5.2024
During the first quarter, the foundation committed $4.34 million in new grants and disbursed $2.79 million in previously committed grants
TRUMP Coin Taps All-Time High, Up Over 30% in 24 Hours Post-Convention
26.5.2024
Following former President Donald Trump’s appearance at the Libertarian National Convention, the meme coin associated with his name, maga (TRUMP), has soared more than 30% in the past day. Current statistics show that the meme coin TRUMP is the top-performing cryptocurrency over the last 12 months...
SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review
26.5.2024
The U.S. Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs. Economist Jim Rickards predicts that gold prices could surpass $27,000 based on rigorous analysis. Satoshi Nakamoto’s Genesis wallet now holds over 100 BTC after an accidental...
FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors
26.5.2024
The FTX estate, responsible for managing the defunct exchange's bankruptcy, has auctioned off the last of its heavily discounted Solana (SOL) tokens.
The post FTX Estate Sells Remaining Discounted Solana Tokens in Bid to Repay Creditors appeared first on Cryptonews
Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective
26.5.2024
Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto trading. Chengyi Ong, head of policy for the Asia-Pacific region at Chainalysis Inc., said...
Bitcoin Price Prediction as Crypto Exchanges Announce 1,200 Job Openings – Will BTC Pump Higher?
26.5.2024
Over 1,200 job openings announced by leading crypto exchanges like Binance and Coinbase hint at a potential Bitcoin price pump amidst market growth.
The post Bitcoin Price Prediction as Crypto Exchanges Announce 1,200 Job Openings – Will BTC Pump Higher? appeared first on Cryptonews
Bitcoin analyst sees 'several more weeks' before BTC price breaks $70K
26.5.2024
Bitcoin may not yet be done consolidating below new all-time highs, with BTC price rejecting above $70,000
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
26.5.2024
The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm...