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Bitcoin Firm Coinbits Suspends Operations Amidst Custodian Prime Trust’s Financial Woes
29.6.2023
The cryptocurrency firm and bitcoin investment app, Coinbits, has announced the suspension of its services due to complications involving the Nevada-based custodian, Prime Trust. Following accusations of insolvency and breaches of fiduciary responsibilities, Nevada’s financial regulators...
BlackRock lauds AI as ‘mega force’ to drive returns
29.6.2023
AI could prove to be a boon for investors looking for gains in today's “unusual” market
MicroStrategy Acquires Additional $347 Million in Bitcoin, Total Investment Surpasses $4.5 Billion
28.6.2023
Michael Saylor's MicroStrategy has added an additional 12,333 Bitcoin to its portfolio, in the last two months.
According to a company report, MicroStrategy, together with its subsidiaries, bought the asset between April 29 and June 27, for approximately $347.0 million in cash, at an average price...
Microstrategy Expands Bitcoin Position With $347 Million Investment, Pushing Total Holdings to 152,333 BTC
28.6.2023
Microstrategy has purchased 12,333 more bitcoin for about $347 million, growing its cryptocurrency holdings to 152,333 btc. The Nasdaq-listed software company’s announcement came amid a series of positive developments in the crypto industry. Microstrategy Adds 12,333 Bitcoin to Its Holdings...
Renewed Institutional Interest: Crypto Inflows Surge After BlackRock's Bitcoin ETF Filing
27.6.2023
Investment funds backed by digital assets saw their largest weekly inflows in a year last week, with $199 million being added to the sector.
The inflows were the largest since July 2022, and made up almost half of the prior nine consecutive weeks of outflows, the crypto investment and research...
Crypto Bankruptcy Investor Ouroboros Eyes Smaller Claims
27.6.2023
The platform automates the due diligence process for buying cryptocurrency bankruptcy claims in firms like FTX or Celsius, providing previously missing liquidity for creditors owed around $50,000
JPMorgan Outlines 4 Global Outlook Scenarios — Warns of ‘Boil the Frog’ Recession as Global Downturn Looms
27.6.2023
Global investment bank JPMorgan has presented four probable global outlook scenarios, with “boil the frog” recession emerging as the most likely outcome. The bank’s economists warned: “Broad-based developed-market tightening points to a more synchronized global downturn sometime...
FTX Investment Was Correct Decision, Claims Sequoia Partner Alfred Lin
26.6.2023
Following the sudden crash of FTX exchange, many firms tied to the platform also suffered, and many more who had invested in the platform concluded that their investments were the wrong move.
However, American venture capitalist, Alfred Lin, who is also a partner at Sequoia Capital, has stood...
Bitcoin Investment Sentiment Turned Bullish After Largest Weekly Fund Inflow in a Year
26.6.2023
The inflows totalled $199 million, reversing nearly half of the previous nine consecutive weeks of outflows
Crypto investment products see largest weekly inflow since July 2022
26.6.2023
CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products with Bitcoin leading the rally
Ethereum trend reversal points to $1950 and trading with this AI crypto algo could give you an edge
26.6.2023
Trends and patterns are crucial indicators for profitable crypto trading, and the in-thing knows how to spot trend reversals. Spotting uptrends, downtrends, and where they begin or end is a task many traders execute by closely monitoring graphs. Ethereum depicts signs of a trend reversal point...
Metagalaxy Land Ushers in Advanced Metaverse Experience, Bolstered by Investment from Blockchain Incubator 10SecLabs
26.6.2023
PRESS RELEASE. 10SecLabs, a leading force in the blockchain incubation landscape, has taken a significant investment leap into the innovative Metagalaxy Land project. This development comes ahead of Metagalaxy Land’s much-anticipated Metaverse Platform Launch. Set to be a trailblazer in...
Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’
26.6.2023
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their...
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
FTX seeks to claw $700M from Bankman Fried friends and affiliated funds
23.6.2023
After a Hollywood dinner party, hundreds of millions of dollars of “avoidable” transfers were sent from Alameda to investment firm K5 Global, the suit alleges
‘Bitcoin only’ buy-and-hold investment strategy outperforms altcoins over the long term — Analysis shows
22.6.2023
Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well
Why this AI crypto gem is a stellar investment idea for 2023?
22.6.2023
AI crypto has gained significant attention and investments in 2023. That said, several analysts suggest an AI crypto gem, Avorak (AVRK), as a stellar investment for 2023. Is AI crypto a good investment? Integrating artificial intelligence (AI) into cryptocurrency can revolutionize various...
Northstake Raises $3M to Boost Institutional Crypto Staking
22.6.2023
The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund
Wintermute Backs DEX Vertex Protocol in Strategic Investment
22.6.2023
The amount of the investment wasn’t disclosed, and Wintermute will provide liquidity services to the decentralized exchange
Valkyrie Funds Joins Race for SEC Approval as It Files Application for Spot Bitcoin ETF
22.6.2023
On Wednesday, Valkyrie Funds, a Tennessee-based asset manager offering a bitcoin futures exchange-traded fund (ETF), a defi fund, and a bitcoin mining industry ETF, filed with the U.S. Securities and Exchange Commission (SEC) for the launch of a spot bitcoin ETF. SEC Flooded With Spot Bitcoin...