Brian Russ, the Chief Investment Officer at 1971 Capital, believes that gold and silver are currently in the middle of a prolonged bull market that could last for a decade. He also predicts that Bitcoin is just one compelling narrative away from surging to $100,000 in value.
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Analyst Predicts $100K Bitcoin, Decade-Long Bull Market f…
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CZ’s First Public Appearance Post-Prison at Binance Block…
Changpeng Zhao, known as CZ, made his first public appearance since being released from prison at Binance Blockchain Week in Dubai. The former CEO of Binance served four months in prison for anti-money laundering violations, an experience that has reshaped his perspective on life and business. In an interview with Continue Reading
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iShares Launches Top 20 US Stocks ETF to Diversify Beyond…
BlackRock’s iShares has launched a new exchange-traded fund (ETF) called the iShares Top 20 U.S. Stocks ETF (TOPT) to appeal to investors looking to diversify beyond the so-called “Magnificent Seven” stocks. The ETF, which debuted this month, is made up of the 20 largest U.S. stocks by market capitalization, offering Continue Reading
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Halloween Horror: The Fiat Money Press Out-Terrors Vampir…
Halloween, the night when traditional horrors like Dracula and Frankenstein are supposed to send shivers down our spines. But let’s be honest, these classic monsters don’t really scare us anymore. What’s truly terrifying? The sound of a fiat money press, the real source of nightmares in 2024. Once upon a Continue Reading
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SEC Issues Wells Notice to Immutable in Ongoing Crypto Cr…
The Securities and Exchange Commission (SEC) has issued a Wells notice to Immutable, a blockchain gaming platform, as part of its ongoing crackdown on crypto companies ahead of the US election. Immutable expressed its frustration with the SEC’s “regulation-by-enforcement” approach, stating that the watchdog issued the notice without prior discussions. Continue Reading
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Memereum Review: Decentralized Insurance on the Blockchain
Memereum is a new token on the Blockchain that aims to provide decentralized insurance for crypto investments. As the first token to introduce decentralized insurance, Memereum has generated a lot of interest in the blockchain space. But what does Memereum bring to the table, and is it a trustworthy project? Continue Reading
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Hong Kong FTX Victims Target $29M Seizure, Stablec…
Victims of the alleged “Hong Kong’s FTX” are targeting $29 million seized by police, while central bankers criticize stablecoins and cryptocurrency scammers are arrested in connection with a luxury condominium. The individuals affected by the Hong Kong-based crypto exchange, which has drawn comparisons to the collapsed FTX exchange, are pursuing Continue Reading
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dYdX CEO Announces 35% Workforce Reduction to Streamline …
Decentralized trading platform dYdX, based in Switzerland, has announced a 35% reduction in its core workforce. CEO Antonio Juliano shared the news on social media, stating that the layoffs were not financially motivated but rather aimed at creating a leaner team to help the company achieve its long-term goals. In Continue Reading
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Binance Partners with Amazon Web Services to Streamline K…
Binance, one of the world’s leading cryptocurrency exchanges, has recently announced a strategic partnership with Amazon Web Services (AWS) to enhance its user experience and streamline its Know Your Customer (KYC) verification process. The collaboration aims to leverage AWS’s advanced technologies to make the KYC procedures more efficient, cost-effective, and Continue Reading
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Tether Records $7.7 Billion Profit YTD, Reserves Reach Al…
Tether Limited, the company behind the popular stablecoin Tether USD (USDT), announced a net profit of $2.5 billion for the third quarter, bringing its total year-to-date profits to a record-breaking $7.7 billion. The company’s strong financial performance was largely driven by its $5 billion in gold holdings, which generated $1.1 Continue Reading
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VanEck Invests in Web3 Gaming Startup: Gunzilla Games
VanEck, a prominent investment management firm, has recently made its second bet on Web3 gaming through its liquid token strategy fund. The company has invested in Gunzilla, a startup focused on developing innovative gaming experiences within the Web3 ecosystem. This move highlights VanEck’s growing interest in the intersection of blockchain Continue Reading
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Trump Pledges to End “War on Crypto” on Bitcoin Whitepape…
Former President Donald Trump marked the 16th anniversary of Bitcoin’s whitepaper by pledging to end the “war on crypto” if elected, presenting a stark contrast to current policies. Trump’s social media post highlighted his commitment to a crypto-friendly approach and his plan to pardon Silk Road founder Ross Ulbricht. Trump Continue Reading
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Tether’s 2024 Consolidated Profit Soars to $7.7 Billion, …
Tether, the company behind the world’s largest stablecoin USDT, has reported a record-breaking consolidated profit of $7.7 billion in 2024. The company’s financial position appears to be strong, with total assets reaching $134.4 billion and equity standing at $14.2 billion. This impressive financial performance comes amidst a period of significant Continue Reading
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Tether’s Venture Arm Booms: $7.7B in Equity, $500M in Bit…
Tether Investments, the venture arm of the Tether group, has reported a significant increase in its net equity value, rising from $6.2 billion in the previous quarter to $7.7 billion. The company has been expanding its investments in various sectors, including energy, mining, and artificial intelligence. Additionally, Tether disclosed that Continue Reading
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Crypto Market Slumps Amid Trump’s Victory Odds and Rising…
Crypto Markets React to Trump’s Election Odds and Global Events The recent fluctuations in the cryptocurrency market have been attributed to various factors, including the U.S. election, tech earnings, geopolitical tensions, and the U.K. government budget. However, not all market participants agree on the extent of the election’s impact on Continue Reading
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Former FTX Head of Engineering Nishad Singh Avoids Prison…
Former FTX Head of Engineering Nishad Singh Avoids Prison Sentence Nishad Singh, the former head of engineering at the collapsed cryptocurrency exchange FTX, has been sentenced to time served and three years of supervised release for his role in the multibillion-dollar fraud that led to the company’s downfall. Singh’s sentence, Continue Reading
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Crypto Firms Among Top Targets of Deepfake Audio and Vide…
Crypto Firms Among Top Targets of Audio and Video Deepfake Attacks A recent survey conducted by forensic services firm Regula revealed that crypto companies are among the most affected by audio and video deepfake frauds in 2024. Over half of the surveyed crypto firms reported incidents of audio (57%) and Continue Reading
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MicroStrategy Shareholder Celebrates Dilution as Company …
MicroStrategy, a prominent business intelligence firm, has garnered attention for its unique approach to shareholder value. James Van Straten, a senior analyst at CoinDesk, highlights the distinctive perspective of MicroStrategy shareholders, who celebrate being diluted. This unconventional reaction stems from the company’s strategy of using the funds raised through dilution Continue Reading
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IcomTech Promoter Sentenced for Crypto Fraud: Gustavo Rod…
IcomTech Promoter Sentenced for Crypto Fraud In a recent development, Judge Jennifer Rochon has sentenced Gustavo Rodriguez, a promoter of IcomTech, to prison for his involvement in cryptocurrency fraud. Initially, Judge Rochon allowed a delay in Rodriguez’s sentencing to permit additional testimony. However, after considering the evidence and testimony presented, Continue Reading
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Franklin Templeton Launches First Tokenized Money Fund on…
Franklin Templeton, a global investment management organization, has announced the launch of the first tokenized money fund on Coinbase’s layer-2 network, Base. This innovative move marks a significant milestone in the integration of traditional financial products with blockchain technology. By leveraging the benefits of tokenization, Franklin Templeton aims to provide Continue Reading
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Bitcoin Price Predicted to Reach New ATH if it Stays Abov…
Bitcoin’s price has been a hot topic in the crypto space, with the asset surging to $73,600 on October 29, just $150 shy of a new all-time high. This impressive performance has caught the eye of industry participants, many of whom predict that a fresh peak may be imminent. Popular Continue Reading
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Ethereum Price Prediction: Key Factors for a Sustainable …
Ethereum, the world’s second-largest cryptocurrency by market capitalization, has been experiencing significant growth in recent months. However, for ETH to sustainably rally to $3,000 and beyond, the Ethereum network must make a few critical adjustments. Factors that could contribute to a sustained ETH price rally include: 1. Scalability improvements: Ethereum Continue Reading
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OpenAI CEO Sam Altman Confirms GPT-5 Release Not Happenin…
OpenAI CEO Sam Altman Reveals GPT-5 Will Not Be Released in 2024 In a recent Reddit AMA (Ask Me Anything) session, Sam Altman, the CEO of OpenAI, announced that the highly anticipated GPT-5 will not be released in the coming year. This news comes amidst growing speculation about the next Continue Reading
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The Blockchain Association, a prominent cryptocurrency advocacy group, has reported that its member firms have spent over $400 million addressing enforcement actions initiated by the US Securities and Exchange Commission (SEC) under the leadership of Chair Gary Gensler. The association’s statement highlighted that the SEC has filed 104 enforcement actions Continue Reading
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StanChart sees high volatility for Bitcoin in lead up to US elections
Geoffrey Kendrick, global head of digital assets research at Standard Chartered, has raised the alert: Bitcoin (BTC) could see a spike in volatility leading up to the U.S. presidential election. His research indicates a cautiously optimistic sentiment among Bitcoin traders, who are preparing for potential economic and regulatory changes tied Continue Reading