November 24, 2024 at 12:20 AM GST updated: November 23, 2024 at 07:46 PM 5 mins read Press Release When Immutable X (IMX) first hit the scene, not many saw the powerhouse it would become. Launched as a Layer 2 solution for Ethereum, it set out to revolutionise blockchain gaming and NFTs. Back then, its…
November 22, 2024 at 05:00 PM GST updated: November 22, 2024 at 04:57 PM 4 mins read Press Release Recently, ChatGPT-4o projected that DOGE might reach $10 in the next 10–12 months, a target that calls for an amazing 2, 470% increase from its present price. The strong momentum of DOGE, notably a 264% increase…
November 22, 2024 at 03:30 PM GST updated: November 22, 2024 at 02:59 PM 3 mins read Press Release As the cryptocurrency market rises to new highs, smart investors are looking for life-changing rewards. With targeted investments in tokens like Rexas Finance (RXS), Brett, XRP, and Pepe, the prospect of a $450 investment rising into…
November 16, 2024 at 07:15 AM GST updated: November 15, 2024 at 06:51 PM 5 mins read Press Release In the cryptocurrency world, ICOs (Initial Coin Offerings) often present investors with an early chance to invest in projects that could transform industries and redefine digital ecosystems. Polkadot is one such example of a project that…
November 4, 2024 at 04:55 AM GST updated: November 4, 2024 at 04:25 AM 2 mins read News Robert Kiyosaki warns a U.S. banking crash has started, citing an Oklahoma bank closure. Kiyosaki flags bonds and commercial real estate as highly vulnerable to downturns. Kiyosaki advises investing in gold, silver, and Bitcoin amid banking fears…
October 31, 2024 at 09:48 PM GST updated: October 31, 2024 at 02:19 PM 2 mins read News Palantir CEO Alex Karp’s recent $254.6M stock sale highlights strategic moves amid strong company performance and growth projections. Karp exercised stock options at $1.13, selling shares at $45. This shows a calculated approach to leverage Palantir’s stock…
Bitcoin has been a better-performing asset than traditional investments during periods of increased liquidity. That poses the question of how the cryptocurrency will behave in the further course of monetary policy relaxation. As reported by Ecoinometrics, Bitcoin grew by 150% CAGR during the 2020 liquidity boom. That is much higher than NASDAQ and gold. As…
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability. Ripple Introduces RLUSD…
October 15, 2024 at 08:50 PM GST updated: October 15, 2024 at 07:12 PM 4 mins read Press Release The cryptocurrency market is witnessing new shifts as Dogen draws more investors, while Toncoin and Kaspa focus on solidifying their positions. These developments hint at potential growth opportunities. Could these digital coins be on the verge…
October 14, 2024 at 06:00 PM GST updated: October 14, 2024 at 03:51 PM 4 mins read Press Release As the crypto market prepares for the next bull cycle, several wise investors are looking for where to invest their funds in altcoins suitable for tremendous profits. For a long time, Ripple (XRP) has been on…
October 14, 2024 at 08:50 AM GST updated: October 14, 2024 at 12:11 AM 2 mins read Crypto Live News ZachXBT reports a significant rise in violent crypto-related robberies across Western Europe. Investors face dangers as criminals target their digital assets for large sums. The potential influx of seized Ethereum may destabilize the cryptocurrency market…
Costco’s gold bars are flying off the shelves as record-high gold prices spark a buying frenzy across the U.S. A recent survey found that 77% of Costco stores offering gold sold out in early October. The trend reflects growing demand for gold as a hedge against inflation and economic uncertainty. Costco’s Gold Bars Are Selling…
The Federal Bureau of Investigation (FBI) has issued a warning to cryptocurrency investors, highlighting a surge in scams, particularly targeting retirees and the elderly. FBI experts explain how scammers trick victims into fake crypto investments and scare them into handing over more funds before vanishing with the money. FBI Warns of Growing Cryptocurrency Scams Amid…
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s leadership in fintech while offering accredited investors a secure way to tap into bitcoin’s long-term growth potential. NBB Launches First Bitcoin-Linked Investment Product…
The U.S. Securities and Exchange Commission (SEC) is raising alarms about the growing risks of cryptocurrency scams and other investment fraud during World Investor Week 2024. Amid the rising influence of AI, social media, and aggressive financial marketing, investors are struggling to find reliable advice. The agency is focusing on scams involving cryptocurrencies, financial grooming,…
October 4, 2024 at 04:55 AM GST updated: October 4, 2024 at 03:44 AM 2 mins read News Grayscale Aave Trust offers SEC-accredited investors direct exposure to AAVE, adding to its diverse crypto investment products. Aave platform reports $12B in TVL, bolstering its reputation as a leading DeFi protocol for decentralized lending. Following Grayscale’s Aave…
Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest in them. Antani highlights Ohio’s historical role in cryptocurrency adoption. Ohio…
Rich Dad Poor Dad author Robert Kiyosaki has shared a story involving Iraqi Dinars and an unexpected divine endorsement. In response, the famous author cautioned investors to “be extra careful” about who is giving them investment advice, emphasizing that “even if it is Jesus.” Kiyosaki’s Take on a Strange Investment Pitch Robert Kiyosaki, financial educator…
U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing. DOJ Seizes $6 Million in…
September 27, 2024 at 04:28 PM GST updated: September 27, 2024 at 02:52 PM 2 mins read News Ethena Labs launches UStb, a stablecoin backed by BlackRock’s tokenized U.S. Treasuries, enhancing stability in crypto finance. UStb operates alongside USDe, providing users with an alternative risk profile and addressing market volatility effectively. Ethena’s proactive governance enables…
The Federal Bureau of Investigation (FBI) Baltimore office has issued a warning about the increasing prevalence of cryptocurrency investment fraud in Maryland. Known as “pig butchering,” scammers trick victims into fake crypto investments, leading to massive financial losses. FBI Warns of Surge in Cryptocurrency Investment Scams in Maryland The Federal Bureau of Investigation (FBI) Baltimore…
September 24, 2024 at 11:15 AM GST updated: September 23, 2024 at 11:31 PM 4 mins read Press Release The cryptocurrency market is constantly evolving, offering investors both incredible opportunities and steep challenges. Bitcoin (BTC), the pioneer of the market, has established itself as the gold standard for digital assets. While Bitcoin remains a foundational…
China’s slowing economy is poised to redefine its global trade relationships, particularly with the Global South. Assistant professor Ning Leng of Georgetown University’s McCourt School of Public Policy discussed how these internal economic challenges might prompt China to boost investments in regions like Southeast Asia and Latin America. China’s Economic Shift and Its Global Implications…
Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to the global financial system, potentially increasing economic instability. Robert Kiyosaki’s Bold Bitcoin Prediction…
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and…
Tether announced its $1.5 million strategic investment in Sorted Wallet on Sept. 19. Sorted Wallet will tap into this investment to expand its services across Africa and Southeast Asia. Tether is the company behind leading stablecoin USDT. Tether has invested $1.5 million in Sorted Wallet, a crypto wallet platform targeted for crypto adoption across the…
In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors. Blackrock Report Sees Bitcoin as a Key Asset for Long-Term Portfolio Diversification Blackrock, the…
Bitget and Foresight Ventures have announced a $30 million investment in The Open Network. The companies will buy TON tokens as well as support GameFi and tap-to-earn projects. Crypto exchange Bitget and web3 investment firm Foresight Ventures have announced a $30 million strategic investment in TON blockchain. In an announcement on Sept. 18, the two…
Bitcoin is a legitimate financial asset that offers new opportunities, says BlackRock chief executive officer Larry Fink. What does this mean for other cryptocurrencies like Bitcoin Dogs (0DOG)? Bitcoin is a legitimate financial asset, Larry Finks says While the Blackrock CEO acknowledges his previous skeptical stance around Bitcoin and crypto, he says he’s learned about…
The U.S. Securities and Exchange Commission (SEC) has cracked down on two crypto investment scams, targeting platforms Nanobit and Coinw6. Involving fake relationships to deceive victims via social media, these schemes siphoned millions from unsuspecting investors. The charges mark the first SEC enforcement actions against such scams. SEC Targets Crypto Scams in Latest Enforcement Action…
Robert Kiyosaki, author of Rich Dad Poor Dad, has criticized the debate over whether bitcoin or gold is better. He stressed that the only facts that matter are how much gold and bitcoin you own, pointing to the $35 trillion U.S. debt as the real issue. Cautioning that the bond market is crashing, Kiyosaki opined:…
Tether, the USDT stablecoin issuer, has acquired 9.8% of Adecoagro, a Latin American-based agricultural giant. In a move described by Argentine media as surprising, the company invested $100 million to diversify its investments in the agricultural and food sectors. Adecoagro, valued at over a billion dollars, has a direct presence in Argentina, Brazil, and Uruguay….
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in…
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct…
The U.S. District Court for the Northern District of Illinois has ordered an Oregon resident and his entities to pay over $209 million in penalties for running Ponzi schemes disguised as crypto and carbon investment programs. This includes restitution, disgorgement of illegal profits, and a civil penalty. The Commodity Futures Trading Commission (CFTC) has recovered…
As major cryptocurrencies struggle, savvy investors know there’s an opportunity to buy low. While accumulating sats is undoubtedly a great move, the possibility of hitting a gem has traders and investors scouring the market. Poodlana (POODL), a newly-launched cryptocurrency that captured the attention of meme enthusiasts and fashion-centric investors alike, stands out as one of…
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that transitioned to communication over Whatsapp. The regulator has flagged this as a potential…
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to BIB following advice from individuals named Austin Johnson and Cindy Turner, he was unable…
The U.S. Securities and Exchange Commission (SEC) has frozen the assets of Jonathan and Tanner Adam, alleging they ran a $60 million Ponzi scheme under the guise of a crypto trading bot. Over 80 investors were defrauded by promises of high returns, while the funds were allegedly used for personal luxuries. The SEC seeks injunctions,…
Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Avalanche Adds Franklin Templeton’s Tokenized Money Fund to Its Blockchain Ecosystem Franklin Templeton, an investment firm with $1.6 trillion in assets under management, has integrated…
Recent data from Cryptoquant researchers indicate that bitcoin demand growth continues to show signs of weakness. Despite this, the report notes that long-term holders have been accumulating bitcoin at unprecedented levels, providing some resilience to the market. Report Shows Bitcoin Demand Craters Amid Weak Market Signals Bitcoin demand has seen a significant decline since early…
Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has officially surpassed Grayscale, securing its position as the top digital asset manager in terms of onchain reserves. World’s Largest Fund Manager Just Surpassed Grayscale in…
August 21, 2024 at 06:30 AM GST updated: August 21, 2024 at 12:56 AM 2 mins read News Binance Labs invests in Corn, a DeFi hub, to enhance Bitcoin’s utility. Corn introduces BTCN, blending custodians and smart contracts for Bitcoin. Corn’s fundraising signals market confidence in Bitcoin’s DeFi potential. Binance Labs has invested in Corn,…
According to a recent tweet from the Shibburn crypto tracking service, the activity of the SHIB army in burning Shiba Inu has decreased. The tweet stated that during the past seven days, slightly more than 303 million SHIB meme coins were removed from circulation, which is significantly less than previous weeks in March and this…