Nilam Resources, Inc. has entered into a Letter of Intent to acquire a special purpose entity called MindWave, which will hold 24,800 Bitcoins and other assets, serving as collateral for investment in high-yield generating projects.
Renowned investor Robert Kiyosaki is extremely bullish on Bitcoin, predicting that the cryptocurrency will reach $300,000 per coin by the end of 2024 due to its scarcity, utility, and institutional interest.
Bitcoin (BTC-USD) surged above $70,000, leading to a boost in bitcoin-related stocks like Coinbase (COIN) and MicroStrategy (MSTR).
Crypto analyst Kaleo predicts that Theta Network (THETA), TraderJoe (JOE), and BNB/BTC are all set for significant rallies in the near future. THETA could soar by over 200%, JOE may increase to $3.50, and BNB/BTC could reach 0.0102 BTC ($710).
The U.S. Securities and Exchange Commission plans to seek $2 billion in penalties from Ripple as part of their ongoing legal battle over allegations of selling unregistered securities, according to Ripple's chief legal officer.
Coinbase stock is surging, trading at its highest price since November 2021, as Bitcoin's price rises above $70,000 per coin.
The probability of an E ETF being approved is currently low, but the author still believes the odds are in its favor unless the SEC deems it a security.
The cryptocurrency market is showing signs of recovery, with Bitcoin aiming to reach the $70,000 milestone, while Solana (SOL) and Avalanche (AVAX) have demonstrated the strongest price performance among the top 10 cryptocurrencies in the last 24 hours.
Ethereum co-founder Vitalik Buterin's decreasing reliance on Twitter is due to finding the platform and its users, including Elon Musk, irritating, and his preference for the decentralized social media protocol Farcaster, which he considers to have higher-quality engagement and broader usage by non-crypto users.
Grayscale Bitcoin Trust experienced $1.9 billion in outflows last week, leading to net outflows for U.S. spot bitcoin exchange-traded funds (ETFs) as the price of bitcoin remained subdued and Grayscale's fees remained high compared to its competitors.
Bitcoin is nearing its all-time high of $70,000 again, with its current price sitting at $70,561, up 9% in the last 24 hours and 5.5% over the past week.
Ethereum whales are strategically shifting their investments towards Shiba Budz (BUDZ), anticipating a significant market rally and seeking high-growth potential assets, signaling a shift in the crypto investment paradigm.
The bankrupt crypto exchange FTX is selling two-thirds of its stake in AI startup Anthropic for $884 million, with buyers including ATIC Third International, Jane Street, Fidelity Management, and HOF Capital.
Terraform Labs and its founder, Do Kwon, are facing a civil fraud trial as the Securities and Exchange Commission (SEC) accuses them of misleading investors and creating a "house of cards" with their stablecoin, TerraUSD, which collapsed in 2022, causing investors to lose nearly everything. Kwon's lawyer argues that failure does not equal fraud, and Kwon himself is awaiting extradition to South Korea, where he faces criminal charges. The SEC is seeking financial penalties and industry bans, and the judge has granted the SEC a partial win by ruling that Terraform Labs unlawfully sold digital assets without registering them as securities.
TrueFi plans to launch Trinity, a real-world-asset-based lending platform, allowing users to borrow crypto loans using tokenized US Treasury bills as collateral, aiming to boost utility for its tfBILL tokens and TRI tokens, while capitalizing on the increased demand for DeFi and leverage during the current cryptocurrency bull market.
Bitcoin and other major cryptocurrencies have experienced a significant surge in price, with Bitcoin reaching over $70,000, as Goldman Sachs clients show renewed interest in the crypto market following the approval of US spot Bitcoin ETFs.
FTX, a cryptocurrency exchange, gained popularity and made headlines with its aggressive marketing strategies, but ultimately filed for bankruptcy just 18 months later, damaging the public perception of the crypto industry, yet Bitcoin continues to soar to new all-time highs.
FTX's bankruptcy estate has sold the majority of its shares in AI startup Anthropic to institutional investors for $884 million, with the top buyer being ATIC Third International Investment Company, a tech investment company owned by Abu Dhabi's sovereign wealth fund.
Co-founder of Terraform Labs, Do Kwon, has been released from prison in Montenegro as the Supreme Court considers extradition requests from the U.S. and South Korea, where he faces criminal charges related to the collapse of the Terra ecosystem; meanwhile, a civil fraud trial against Kwon and Terraform Labs has commenced in New York.
Fidelity, the old-line financial firm, has found success in the crypto market with offerings like a Bitcoin ETF and custody services, positioning itself as a leader in the space while competitors rush to catch up.
The Internet Computer (ICP) price recently reached a new milestone by validating 3 billion blocks, and despite facing some resistance, it is expected to continue its growth and potentially reach the $18 mark.
The Metaplex Foundation is launching a new NFT standard for Solana called Metaplex Core, which reduces mint costs and network demand by over 80% compared to the existing Token Metadata standard, while also offering improved performance and extensibility.
Option2Trade (O2T) offers a promising alternative to Bitcoin and Ethereum with its 'Black Account' token, providing enhanced trading capabilities, exclusivity, and benefits to investors seeking stability and growth in the cryptocurrency market.
Cryptocurrencies, including Bitcoin and Ether, experienced a strong rally as Bitcoin surpassed $69,000, resulting in the liquidation of $195 million in leveraged derivatives positions.
Former President Donald Trump's Ethereum wallet address has been found, and while he sold a significant amount of ETH in December, he missed out on potential gains of $1.3 million as the tokens' value increased; his crypto portfolio is now worth around $5.6 million, with the biggest position being 579,289 Maga Coins (TRUMP) worth over $2.8 million.
BlackRock's entry into real-world asset tokenization could unlock a $16 trillion market by 2030, propelling the tokenization of real-world assets into unprecedented growth, with tokens such as Maple Finance, Swarm Markets, Boson Protocol, Clearpool, and Polytrade poised for significant growth.
Coinbase's stock has risen by nearly 70% this year and has attracted the attention of JPMorgan analysts, although the good times may not be as rosy as they seem due to shrinking margins in its commodity services and regulatory challenges in its blockchain offerings.
The upcoming Bitcoin halving will occur in April 2024, and since the last halving, significant changes have taken place in the Bitcoin mining industry, such as the exodus of miners from China, increased institutional adoption, and the rise of public miners reporting their operations metrics to the market. Standardized metrics and operational excellence become important for miners, and M&A activity and revenue diversification are expected to increase. Additionally, the launch of new Layer 2 solutions for Bitcoin has resulted in increased network fees for miners, further impacting their profitability.
The popularity of meme coins, particularly on the Solana chain, is growing rapidly, with tokens like BOME experiencing massive gains, and Coinbase's Layer-2 solution, Base, providing a platform for creating and trading these coins.
The price of ONDO has experienced a significant increase, doubling its holder base in just one month, but the high MVRV Z Score suggests caution as the coin may be overvalued; however, the technical analysis indicates a bullish outlook with the potential for new all-time highs.
The crypto market started the week with gains as BlackRock's entry into asset tokenization and the global central bank easing cycle were welcomed by traders, with Bitcoin trading at $67,000 and Ether above $3,400. Nigerian authorities charged Binance with tax evasion, and the crypto market focused on Bitcoin ETF flows rather than fundamentals, leading to net outflows from Grayscale Bitcoin Trust. The surge in Solana-based tokens has created demand for the Solana ecosystem.
The recent price action of Dogecoin (DOGE) resembles its movements before the onset of the previous bull market in early 2021, with similarities in its consolidation period, moving averages, and expectations of interest rate cuts by major central banks. However, past data is not a guarantee of future results.
Former FTX co-founder and ex-CEO Sam Bankman-Fried, convicted of defrauding investors and customers, faces potential prison sentence of up to 110 years, with prosecutors seeking 40 to 50 years and the defense arguing for 5¼- to 6½-year term; restitution is also expected.
Bitcoin investors are expected to sell some of their coins ahead of the cryptocurrency's halving event in April, according to an on-chain analyst at Glassnode.
The European Union's financial markets supervisor, ESMA, has published its first final report on regulations under the Markets in Crypto Assets (MiCA) framework, including proposals on information requirements for firms seeking authorization, while also releasing its third consultation package seeking public comment on measures covering suspect market abuse in crypto assets and other guidelines until June 25.
Bitcoin's price has reached a new all-time high and is up over 60% this year, indicating that the "crypto winter" may be coming to an end, making it a smart investment choice due to declining interest rates, the growing popularity of Bitcoin ETFs, Ethereum's regulatory troubles, and the upcoming Bitcoin halving.
Bitcoin rebounds with a 3% gain, reaching $66,964, despite a recent dip, as traders continue to drive the cryptocurrency's surge before the upcoming halving, while Ethereum also sees positive momentum with a 2.6% gain and a price of $3,452.
Twitter Hints at Potential Future Dogecoin Integration, Raising Questions About Cryptocurrency Plans
Twitter's AI assistant, Grok, suggests that users can engage in Dogecoin transactions directly through the platform, hinting at a potential integration of the cryptocurrency and solidifying Dogecoin's position in the crypto market.
Blockchain project Core (CORE) is expected to gain more attention as economist Alex Krüger believes that the current bull run in digital assets is just beginning, with Bitcoin spot ETF flows playing a significant role in the market's momentum.
Sam Bankman-Fried, former CEO of FTX, faces the possibility of more than 100 years in prison for his involvement in an $8 billion fraud, with his lawyers arguing for a minimum sentence of six years and prosecutors advocating for 40-50 years, as his trial nears its conclusion.
Sam-Bankman Fried, the former CEO of failed cryptocurrency exchange FTX, could face a prison sentence of 40 to 50 years after being convicted of committing one of the biggest financial frauds in history by misappropriating $10 billion in customer deposits and generating false financial statements.
Tesla received a vote of confidence as Ark Investment Management bought shares to counteract a stock price dip, while also trimming their holdings in cryptocurrency-related companies.
Author Robert Kiyosaki urges investors to buy Bitcoin, citing the upcoming halving event and predicts Bitcoin could rally to $100,000 by September 2024.
The dollar value of onchain transfers on the Bitcoin blockchain remains below the 2021 peak, indicating that investors are holding onto their coins in anticipation of higher prices.
BlackRock files for a tokenized asset fund with the SEC and seeds $100 million in USDC on the Ethereum blockchain, while Optimism launches a fault-proof system on the Sepolia testnet.
Bitcoin is expected to experience a momentum shift and a potential rally above $76,000 after forming a bullish inverse head and shoulders pattern, according to crypto strategist Kevin Svenson.
Major cryptocurrencies in Asia's business week opened in the green as the global easing cycle begins with the Swiss National Bank cutting rates, with Bitcoin and Ether trading higher and the CoinDesk 20 up 5%.
The upcoming Bitcoin halving event in April is driving an exodus of older mining equipment from the US to countries with cheaper electricity, as miners seek to maintain profitability by upgrading to more efficient machines, with Africa and South America being popular destinations.
Crypto analyst Inmortal predicts rallies for altcoins Chainlink (LINK), Beam (BEAM), and Floki (FLOKI), with LINK potentially reaching $26, BEAM surging over 100%, and FLOKI outperforming Dogecoin.
DAO Maker has raised nearly $100 million in a presale for the PUNDU meme coin, reflecting high demand for high-risk ventures in the crypto market, although oversubscription has led to refunds for some contributors. The presale, conducted on Binance Smart Chain and Solana, marks a milestone for PUNDU and highlights the fervent interest in meme coins within the Solana ecosystem.
