Bitcoin Investment Strategies: Is September a Good Time to Buy?

Ashley Prosper, a prominent member of the XRP community, recently shared an issue he faced on the Uphold cryptocurrency exchange. When attempting to withdraw crypto assets to various wallets, he encountered an error message stating, "Sorry, your transaction could not be processed. There was an issue ...

Is September a Good Time to Buy Bitcoin? Factors to Consider

The decision to buy Bitcoin in September should be made after considering several factors, acknowledging the inherent volatility and risks associated with cryptocurrency investments. Here are key points to consider: Bitcoin's Current State: At the time of writing, Bitcoin is trading at $26,647, w ...

BitGo Raises $100 Million in Funding, Valuation Reaches $1.75 Billion

The startup's valuation now stands at $1.75 billion. The company did not disclose investors in the latest round. Cryptocurrency custodial service BitGo was able to secure $100 million in investment in its latest funding round, Bloomberg reported. The firm did ...

Binance CEO Rejects Buying Banks to Solve Cryptocurrency Firms’ Banking Access Issues

Changpeng Zhao, CEO of cryptocurrency exchange Binance, said that the company is unlikely to buy any bank to solve problems with cryptocurrency firms' access to banking services. During the Bankless podcast, Changpeng Zhao responded to a question from a Twitter user under ...

Temasek Analysts Reduce Premiums Following FTX Exchange Collapse

Singapore's Temasek Public Investment Fund said that the team of analysts that recommended investing in the FTX cryptocurrency exchange will drop some of the premiums because of the site's collapse. After the collapse of FTX Singapore fund had to write off as a loss inves ...

Curve Finance CEO and Wife Make Record-Breaking Real Estate Purchase in Melbourne

This is the couple's second major purchase in the local real estate market Their combined property measures 5,663 square meters Mansion in Melbourne was also previously purchased by Kick founder Ed Craven The CEO of Curve Finance, Mikhail Yegorov, and ...

Beijing Publishes Web3 White Paper, Aims to Lead Digital Economy Innovation

As reported in local publications, the Beijing Municipal Science and Technology Commission has published its own Web3 White Paper on Innovation and Development. Beijing aims to become an international innovation center for the digital economy. The document describes Web3 ...

Nanking University Creates Blockchain-Based Virtual World to Drive Metaworld Research in China

Nanking University of Information Science and Technology has created its virtual world on blockchain to stimulate research and development of metaworlds across the country. The project, called Blockchain Technology and Application Innovation Platform of China was created ...

DWF Labs Partners with Floki Meme Token Development Team, Acquires $5 Million Worth of Tokens

DWF Labs announced a partnership with the Floki meme token development team and announced that it is buying $5 million worth of the project's tokens. "This partnership is based on DWF Lab's strong belief in the potential and future of the Floki ecosystem," ...

Blockchain Technology Poised to Drive £4.5 Billion Investment in Scottish Economy

According to a new Scottish Enterprise report, blockchain technology could attract about £4.5 billion (about $6 billion) of investment in the Scottish economy by the end of the decade. A report by Scottish Enterprise, Scotland's national economic development agency, reports ...

Bitcoin Market Value Declines as Mining Companies Sell Off Assets

Analysts at the CryptoQuant platform report that bitcoin sales by mining companies have led to a decline in the market value of the first cryptocurrency. Over the past 24 hours, miners sold about 1,750 BTC from their wallets at one time for about $47 million, which, accor ...

Baidu Shifts Focus from Meta-Universe to AI, Abandoning Virtual Reality Development

Chinese search company Baidu has shifted its focus from the meta-universe to artificial intelligence because of the hype surrounding ChatGPT Chinese search giant Baidu has changed its mind about investing in the meta universe and is now focusing on artificial intelligence (AI). Local newspaper ...

Tether Diversifies Reserves, Invests $1.5 Billion in Bitcoin: Tether’s Approach to Asset Management

The management of the operator of the largest stabelcoin Tether decided to invest in bitcoin up to 15% of net profit every month to diversify reserves. As of now, the company has already invested $1.5 billion in BTC. While many com ...

Financial Audits in the Cryptocurrency Industry: Bloomberg’s Findings and Challenges

Only 31 out of 60 leading cryptocurrency companies successfully passed external financial audit or confirmed the existence of reserves, according to the Bloomberg research. The study involved representatives from different areas of the crypto industry: cryptocurrency exchange ...

Cryptocurrency Companies Raised $2.6 Billion in Q1 2023, Marking a Decline in Investment Activity

In the first quarter of 2023,  cryptocurrency companies raised a total of $2.6 billion in 353 rounds of investment. The analytical platform PitchBook wrote about it in a report. The platform's experts noted an 11% decrease in deal value and a 12.2% decrease in the total n ...

Hedge Fund Manager Paul Tudor Jones Expresses Concerns Over Bitcoin Amid Regulatory Pressures

Hedge fund manager Paul Tudor Jones, who has always advocated investing in bitcoin, said that the first cryptocurrency has become less attractive in the current regulatory and economic situation. During CNBC's Squawk Box program, Paul Tudor Jones noted that U.S. regulators ...

Royal Group Opens Billion Dollar Short Position on US Treasury Bonds

Sheikh fears default The firm also "drained" previously bought counterparty shares in the States Royal Group is ready to return to the market, but after the investment climate improves The Royal Group investment company, which manages the capital of t ...

Deloitte Study Predicts Meta-Universe Could Add $760B to US GDP by 2035

American Web2 giant commissioned a study from Deloitte on the impact of the meta-universe on U.S. gross domestic product Metaworlds could add $760 billion to U.S. gross domestic product (GDP) by 2035. This conclusion was reached by consulting giant Deloitte, which carried out the calculation b ...

Family Offices Show Increased Reluctance to Invest in Cryptocurrencies, Goldman Sachs Study Finds

Such companies invest less in digital money And prefer more stable assets Goldman Sachs conducted a study into which areas family offices invest. It shows how rising interest rates affect asset allocation. Family offices are firms that manage assets. As a rule ...

Central Bank of Ireland Warns Against Cryptocurrency Investments as High-Risk and Dangerous

The Governor of the Central Bank of Ireland (BCUS) urged citizens to be skeptical about investing in cryptocurrencies because such investments are high-risk and dangerous. Gabriel Makhlouf  stated that the value of cryptoassets is unsecured, which means they have no socia ...

Cryptocurrency Platform ezBtc Accused of Defrauding Investors of $13 Million

The British Columbia Securities Commission (BCSC) accused Vancouver-based non-functioning cryptocurrency platform ezBtc of defrauding investors and defrauding $13 million. According to local media reports, the regulator accused BCSC creator David Smillie of orchestrating ...

Universities in South Korea, Japan, and Taiwan Increasing Investment in Virtual Reality

Universities in South Korea, Japan and Taiwan are increasing investment in virtual reality despite skepticism surrounding meta-universes Educational institutions in Japan, South Korea and Taiwan are betting on virtual reality (VR) despite mixed progress around the meta-universe concept. Nikkei As ...

Zimbabwe’s Reserve Bank to Launch Gold-Backed CBDC

This is how the country wants to overcome hyperinflation The release will take place in two stages, with the first CBDC only available as an investment vehicle The opposition has criticized the project and urged residents not to invest in it The Reser ...

Credibly Neutral Receives $5.5 Million Investment from Ethereum, Polygon, and Solana Co-Founders

Athereum, Polygon and Solana co-founders invested in the startup The company plans to invest in cryptocurrency software projects Cryptocurrency venture capital firm Credibly Neutral received a $5.5 million investment.. The project was funded by a group of inve ...

Bhutan to Launch $500 Million Fund for Green Bitcoin Mining

The country will mine BTC at the hydroelectric power plant The Bitdeer company will help them do so Bhutan recently disclosed where their wallets got their bitcoins from. It turns out that for the last four years the country has been mining. And it is constantly ...

Temasek denies investing in cryptocurrency startup Array

Public investment fund Temasek Singapore officially denied rumors about possible participation in the investment program of cryptocurrency startup Array. Temasek's rebuttal came shortly after representatives of the Singapore startup Aggauo announced that it would receive ...

ARK Invest Buys $8.4 Million Worth of Coinbase Stock

Yesterday, ARK Invest units bought $8.4 million worth of securities This is at least the 5th round of such investments since the beginning of the year The well-known American investment company ARK Invest is stocking up on COIN stock again. Yesterday, Ark Innovat ...

Former SEC Official Claims Cryptocurrencies are Failing as an Investment Asset

Колишній співробітник правоохоронних органів SEC Джон Рід Старк назвав кілька причин, чому він вважає, що криптовалюти зазнають краху як актив для інвестицій. ...

OpenAI Receives $300M Funding from Venture Capital Firms and Microsoft Investment

The company is now valued at about $27-29 billion External investors now own more than 30% of OpenAI The OpenAI startup has received new funding of $300 million by selling shares. Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global and Fou ...

Berenberg Bank Analysts Predict Bitcoin Value Growth Due to Future Halving

Analysts at Germany's oldest bank, Berenberg Bank, said that future halving, as well as a combination of circumstances, evolution and time, will be a springboard for bitcoin value growth. In support of their conclusions about the possible growth of the market value of the ...

FTX Postpones Sale of Japanese Subsidiary to Explore Reopening

FTX, a cryptocurrency exchange that is currently bankrupt, recently made an announcement stating that it has decided to delay the sale of its Japanese subsidiary. This decision has been made in order to explore the possibility of reopening the subsidiary. FTX Japan is one of the few licensed c ...

Ray Dalio Prefers Gold Over Bitcoin

In a recent interview on Chris Williamson’s YouTube podcast, billionaire Ray Dalio shared his thoughts on Bitcoin, revealing that he has a small amount of the cryptocurrency, but still prefers gold. Despite admitting to having some BTC, Dalio remains cautious about the digital asset, warning that ...

Pinecone Secures $100 Million Investment for Vector Databases for AI Models

Project develops vector databases for AI models The startup will make money in 2021 The company closed the round with a market valuation of $750 million The vector database startup for AI models Pinecone has reported the completion of a $100 million i ...

Ted Cruz Reveals His Strong Support for Bitcoin Investment

During the Bitcoin Policy Summit, Ted Cruz, a prominent American senator, made a bold confession about his personal investment strategy. According to Cruz, he is a devoted investor in bitcoin, and he regularly purchases the popular cryptocurrency. The senator revealed that he currently holds s ...

The Sandbox Launches Land Sale and NFT Collection in Mega City 3

The Sandbox universe is having a land sale in the Mega City 3 location and launching a new NFT collection The Sandbox universe is launching a land sale in a new location in the virtual world of Mega City 3, which is inspired by the megacities of China. The new virtual space will open on April ...

Cryptocurrency Analyst Predicts Sharp Drop in Ether Market Value

A well-known expert in the field of cryptocurrency analysis has made a bold prediction regarding the future market value of Ether. Benjamin Cowen recently uploaded a video to his YouTube channel in which he explains that the current market price of Ether, which is around $2,000, is experiencing a ...

Beware of Cryptocurrency Scams on TikTok: Study Shows 1 in 3 Videos with #cryptok Hashtag are Fraudulent

The TikTok platform has seen an astonishing 6 billion views of videos with a cryptocurrency theme. However, a new study has revealed that not all "crypto influencers" on the platform have the best interests of investors in mind. Analysis conducted by dappGambl of 1,161 videos featuring the has ...

Senior Commodity Analyst Predicts Bitcoin’s Role as Safe Haven Investment

During an appearance on the Stansberry Investor Hour, a prominent Bloomberg commodity analyst shared his optimistic outlook for bitcoin as a long-term investment. According to Mike McGlone, bitcoins may eventually become a safe haven asset in times of market turmoil, similar to gold or long-term ...

Canadian Teachers’ Pension Fund Abandons $95M Crypto Investment in FTX

The OTPP Exits Cryptocurrency Investment After $95M Loss on FTX. The Canadian Teachers' Pension Fund of Ontario (OTPP) has decided to abandon its cryptocurrency investment after incurring a loss of $95 million in the bankrupt cryptocurrency exchange FTX. OTPP, Canada's third-largest pension fu ...

Kursk Police on the Hunt for Cryptocurrency Fraudsters After Local Resident is Defrauded of 1.2 Million Rubles

The Kursk regional police are currently on the hunt for individuals who scammed a local resident out of 1,290,000 rubles by posing as cryptocurrency investors. The victim, a 43-year-old man, fell prey to a standard fraud scheme when he responded to an online advertisement promising huge profits t ...

Solana’s Recent Price Movement and Potential Future Growth

On April 17, Solana hit a new high this year, but bounced off the high of the current range. What does this mean for SOL. SOL is a native token of the Solana blockchain, created by Anatoly Yakovenko. It uses a unique consensus mechanism that is a combination of Proof-of-Stake (PoS) and Proof-o ...

Robert Kiyosaki on Cryptocurrency, Gold, and Silver: Why He Doesn’t Trust the Federal Reserve System or the US President

Robert Kiyosaki, the author of the highly successful book "Rich Dad Poor Dad," is a strong advocate for cryptocurrency, as well as gold and silver. He has voiced his mistrust of both the Federal Reserve System and the current US President. In a recent tweet, Kiyosaki stated that he believes Bi ...

IntoTheBlock Report Reveals Withdrawal of $1.8 Billion Worth of Ethereum from Staking

A new report from cryptanalytics platform IntoTheBlock says that by the start of the week, Ethereum holders had applied to withdraw 868,631 ETH worth more than $1.8 billion from staking. Approximately 63% of the ethers pending the completion of the withdrawal operation pr ...

Investor and Crypto Fund Manager Predicts Bitcoin to Reach $300,000 or Even $500,000

During a recent interview with cryptocurrency analyst Scott Melker, Dan Tapiero, an investor and cryptocurrency fund manager, expressed his confidence in the growth of Bitcoin. He predicts that the first cryptocurrency could reach $300,000, and possibly even $500,000, in the near future. To sh ...

Majority of Americans Have No Plans to Invest in Cryptocurrencies, Says Pew Research

As per the results of a recent survey conducted by Pew Research, the majority of Americans, about 70%, have no intention of investing in cryptocurrencies in the near future. The study reveals that a lack of confidence in the safety and security of investing in digital assets, due to high volatili ...

Argentina’s CNV Approves First Bitcoin Futures Index in Latin America

The Bitcoin Futures Index has been approved by the National Commission of Values of Argentina (CNV) as part of their strategic innovation program, marking a significant step forward for the country's financial sector. This new futures index is set to be the first of its kind in Latin America and ...

Glassnode Report Shows Almost Half of Total Bitcoins Dormant for Over Two Years

Glassnode recently released data indicating that almost 50% of the total volume of bitcoins has been withdrawn from circulation and has remained dormant for over two years. This amounts to roughly 9.45 million BTC, which at current prices is worth approximately $270 billion. Additionally, near ...

Report Shows Only 0.53% of Crypto Investors Pay Taxes, but Doubts Arise on Methodology

Divly, a Swedish tax firm specializing in cryptocurrency, recently published a report claiming that only 0.53% of crypto investors pay taxes. However, some experts have raised doubts about the accuracy of the report's methodology. Divly's analysis was based on the ratio of the number of people wh ...

Almost Half of NFT Holders Support Regulation to Mitigate Risks, Survey Shows

A new study by CoinGecko, a digital currency information aggregator, revealed that almost half of NFT holders are in favor of introducing regulations to protect themselves from potential risks. The survey was conducted between December 2022 and January 2023, with 343 non-fungible token (NFT) hold ...

Moon Mortgage Launches Mortgage Lending Service Secured by Cryptoassets

Moon Mortgage Launches Mortgage Lending Service Backed by Cryptoassets. Moon Mortgage, a cryptocurrency lending platform, has unveiled its latest service - mortgage lending backed by cryptoassets. This new offering is available to all holders of liquid cryptoassets who want to use borrowed fun ...

MicroStrategy Buys More Bitcoins, Expands Crypto Holdings

MicroStrategy, a software development company, has made another significant investment in bitcoins, according to a recent tweet by the company's founder, Michael Saylor. In the tweet, Saylor announced that MicroStrategy had acquired 1,045 bitcoins for approximately $29.3 million, at an average pr ...

Brazilian Bank BTG Pactual Launches Dollar-Pegged Stablecoin

BTG Pactual, one of the biggest banks in Latin America, has made a landmark announcement of its first-ever dollar-pegged stablecoin. The stablecoin named BTG Dol will be launched through Mynt, the bank's own cryptocurrency platform. According to the bank, the digital asset is backed 1:1 with t ...

Dragonfly invests $10M in Bitget to expand crypto derivatives and copy trading exchange

Dragonfly, a well-known global venture capital firm, has recently invested $10 million in Bitget, an international crypto derivatives and copy trading exchange. The investment aims to help Bitget expand its range of services and its global market, as well as promote its upcoming CSR initiatives w ...

Shiba Inu Network Sees Record Number of Unique Addresses in March 2023

At the end of March 2023, the Shiba Inu network saw a record number of unique address activity for the entire last year.. What is the reason for the growing popularity of the meme coin among users and how promising is it really? ...

Former Video Game Developers Raise $13 Million to Build their Own Metaverse

The studios that created the cult video games Diablo, Elden Ring and Call of Duty raised $13 million to develop their own metaverse Former video game developers Call of Duty, Diablo, God of War, Assassin's Creed and Elden Ring raise $13M to create their own metaverse. About it writes VentureBeat ...

Venture Investor Tim Draper Maintains Bold Prediction for Bitcoin’s Value

Famous venture capitalist Tim Draper has restated his confident forecast that the initial cryptocurrency, Bitcoin, will ultimately reach a staggering $250,000 in value. Draper originally anticipated this milestone to occur before June of this year, but he now acknowledges that it may take a littl ...

Cryptanalyst Benjamin Cowen shares insights on the best time to buy Ethereum

The cryptanalyst, Benjamin Cowen, recently provided insights on the optimal time to invest in Ethereum, highlighting key indicators to consider before making a purchase. During an interview with the YouTube channel Altcoin Daily, Cowen referred to the ETH/BTC chart when asked about the ideal peri ...

Investment Bank Citi Predicts 80x Growth of Tokenized Assets Market by 2030

Citi investment bank analysts predict a significant growth in the tokenized assets market, with an estimated increase of 80 times by 2030, which could result in a total market value of $4 to $5 trillion. The findings are published in a report titled "Money, Tokens, and Games," which indicates tha ...

Study Finds Crypto Influencers Have Short-Term Impact on Crypto Assets

According to a study conducted by the University of Nottingham Business School (NBS), crypto influencers have a significant impact on the price and volume of crypto assets, but only for a short time. Over a period of six months, NBS and the Austrian University of Klagenfurt researchers analyzed m ...

Central Bank of Sri Lanka warns against cryptocurrency investments

The Central Bank of Sri Lanka (CBSL) has recently issued a warning to the public about the risks associated with investing in cryptocurrencies. The bank urged individuals to refrain from trading cryptocurrencies and participating in ICOs, citing a large number of complaints from users who have su ...

OKX Cryptocurrency Exchange Plans Expansion to Australia

The OKX cryptocurrency exchange's management has revealed plans to establish a new office in Australia, citing the country's strong potential for growth and development of the trading platform as a key factor. According to Haider Rafique, OKX's Chief Marketing Officer, Australia is poised for a n ...

Understanding Blockchain ETFs: A Diversified Investment Opportunity

If an investor is not ready for high volatility in the cryptocurrency market, then he can pay attention to a financial instrument that is directly related to the crypto industry: blockchain ETF. What is a blockchain ETF The ETF itself is a fund ...

El Salvador: A Land of Opportunity for Crypto Enthusiasts

El Salvador's president, Nayib Bukele, has been making waves in the global community by recognizing bitcoin as a legitimate means of payment and touting his country as a safe haven for foreigners. In a tweet that harkens back to vintage American-style posters, Bukele invites people to move to his ...

MicroStrategy Pays Off Loan, Buys $150 Million Worth of Bitcoin

MicroStrategy, a software company, recently made a significant move in the cryptocurrency market. The company paid off a loan from Silvergate bank ahead of schedule and also invested $150 million in bitcoins. Despite reports of Silvergate's bankruptcy, MicroStrategy clarified that it had only one ...

Mysten Labs to Buy Back Shares and Warrants for SUI Tokens from FTX

Thank you for providing this news update. It seems that Mysten Labs, a blockchain startup, is in the process of buying back its shares and warrants from FTX, a cryptocurrency exchange that is currently undergoing bankruptcy proceedings. Under the proposed agreement, Mysten Labs would buy back app ...

Bitget Expands Cooperation with BitKeep to Integrate DeFi and CeFi Solutions

Bitget, a Seychelles-based exchange that specializes in cryptocurrency derivatives, has recently announced an expansion of its partnership with the BitKeep decentralized multi-chain wallet development team. By combining their strengths in both DeFi and CeFi solutions, the two partners aim to enha ...

Novokuznetsk Resident Falls Victim to Cryptocurrency Scam and Loses 6.7 Million Rubles

In the Kemerovo Region of Russia, a woman residing in Novokuznetsk has fallen prey to a fraudulent scheme involving cryptocurrency. Despite being an economist herself, the 54-year-old victim took out loans and mortgaged her apartment to invest 6.7 million rubles in what she thought was a reliable ...

Goldman Sachs analysts call Bitcoin the best asset of the year with 51% growth

According to investment bank Goldman Sachs, bitcoin has been the standout asset of the year so far, with its value increasing significantly in just under three months. Compared to other major assets, bitcoin has experienced the highest growth rate, having risen by an impressive 51% since the begi ...

Investing in Bitcoin Mining Companies: Expert Opinion

An esteemed investor, Mike Alfred, has recently shared his insights on companies engaged in the production of the world's first cryptocurrency. According to him, in the current market scenario, such firms represent an alluring investment proposition. Alfred is of the opinion that mining compan ...

CNBC’s Jim Cramer Advises Selling Bitcoins Despite Market Rise

A cryptocurrency blogger who is passionate about the digital currency world recently announced that there has been a significant increase in the value of the first currency, Bitcoin, since the host of CNBC's MadMoney program advised people to sell their Bitcoins a few days ago. Despite Jim Cramer ...

Former Coinbase CTO Makes Million-Dollar Bet on Bitcoin Reaching $1 Million in 90 Days

Balaji Srinivasan, a former CTO of Coinbase and a venture capital investor, has made a bold prediction that BTC will reach a value of $1 million within the next 90 days. He has put his money where his mouth is, announcing that he will transfer $2 million into USD Coin (USDC) stablecoins to partic ...

Cryptocurrency Market Booms as Banking Sector Collapses: Bitcoin, Ethereum, and Avalanche Prices Soar

Bitcoin The sentiment in the world of cryptocurrency is changing rapidly. Just a week ago, many believed that the market had entered another period of decline, but recent events have altered this trend. Despite some minor setbacks, Bitcoin has seen a 28% increase in val ...

Bitcoin Funds See Drop in Holdings Amid Lack of Institutional Investor Interest

In the midst of recent turmoil in the cryptocurrency market, which was triggered by the simultaneous collapse of several crypto-oriented banks in the United States, bitcoin funds have experienced a significant decline in their asset holdings. As a result, the total amount of BTC held by these fun ...

FBI Reports Alarming Rise in Crypto Fraud Cases, Totaling $2.57 Billion in 2022

According to the FBI Internet Crime Report 2022, cryptocurrency fraud cases have seen a significant increase of 183% from the previous year, reaching a total of $2.57 billion. This is a sharp rise from the $907 million reported in 2021. The data was collected from the Internet Crime Complaints Ce ...

Coinbase Partners with Standard Chartered to Offer Free Wire Transfers in Singapore

Coinbase has recently announced a partnership with Standard Chartered, which will allow users in Singapore to benefit from free wire transfers. This move aims to provide Coinbase customers with more flexibility and convenience when depositing or cashing out funds from their exchange accounts. ...

Investment CEO Predicts Bitcoin to Reach $100,000 in 2023

The CEO of investment firm Capriole has high hopes for Bitcoin, predicting that the cryptocurrency will experience a textbook-perfect push towards $100,000. Despite recent turmoil in the banking industry, Bitcoin has shown signs of recovery, surpassing the $26,000 mark at one point. Charles Ed ...

Galaxy Digital CEO Michael Novogratz advocates for investing in Bitcoin and Gold

Galaxy Digital CEO Michael Novogratz has reiterated his support for investing in bitcoin and gold, particularly in light of the recent banking crisis in the United States. During an appearance on CNBC's Squawk Box, Novogratz pointed out that banks often cut back on lending in order to restore the ...

Rich Dad Poor Dad Author Advocates for Precious Metals and Bitcoin in the Face of Economic Collapse

Robert Kiyosaki, the acclaimed author of the best-selling book Rich Dad Poor Dad, has recently voiced his support for the first cryptocurrency and predicted the collapse of the American economy. Kiyosaki has repeatedly emphasized the challenging times ahead for both the American and global econom ...

Economist Peter Schiff Urges Followers to Sell Bitcoin Due to Looming Bankruptcies

Renowned economist and outspoken cryptocurrency critic, Peter Schiff, is urging his followers to divest from digital currencies, warning that the industry is on the brink of more bankruptcies in the near future. Schiff cites the recent bankruptcy of Silvergate Bank, which serviced numerous crypto ...

Survey Shows 20% of Americans Own Cryptocurrencies and Believe in the Future of Blockchain and Digital Assets

Based on a study conducted by Coinbase and Morning Consult, it has been found that one-fifth of the American population owns digital currencies. The majority of the participants in the survey believe that blockchain and digital assets hold the key to the future. ...

Armenian Entrepreneur’s $15K Investment Turned $82.3M in Ether

An Armenian entrepreneur made a smart investment move in 2014 by purchasing 50,000 Ether at a mere $0.3 per coin for a total of $15,000. Fast forward to today, and his investment is now estimated to be worth a staggering $82.3 million at the current exchange rate. Alexis Ohanian, co-fou ...

Phoenix Community Capital Faces Backlash for Failing to Return Money to Investors

Phoenix Community Capital, a renowned cryptocurrency investment venture associated with prominent personalities in politics and media in the UK, has recently ceased returning investments to its clients. The project's market capitalization was valued at approximately $800 million when it was intro ...

Shark Tank Host Kevin O’Leary Urges Cryptocurrency Exchanges to Collaborate with Regulators

In a recent interview on TraderTV Live's YouTube channel, Kevin O'Leary, the well-known venture capitalist and host of the popular show Shark Tank, emphasized the importance of closer cooperation between cryptocurrency exchanges and government regulators. According to O'Leary, US financial regula ...

Concerns Over Binance USD (BUSD) Stablecoin: Dogecoin Foundation Board Member Speaks Out

A member of the Dogecoin Foundation's board, known on Twitter as Mishaboar, has expressed concerns over the recent conflict surrounding Paxos and Binance USD (BUSD) stablecoin. Mishaboar stated that Binance CEO Changpeng Zhao attempted to downplay BUSD's significance in the exchange's ecosystem, des ...

The State of the Blockchain Gaming Industry in 2022: Successes and Challenges

Anticipated to persist in its robust growth from the previous year, the blockchain gaming industry is forecasted to make significant strides in 2023. This projection comes amidst an ongoing trend of traditional games implementing web3 elements that have been a result of the profound influence of blo ...