Since December a spate of crypto finance projects in the Solana blockchain ecosystem have released tokens in attempts to “decentralize” their governance. Holders of these tokens get to vote on the directions of their protocols. Oftentimes those who have used the protocol heavily – by, say, trading hundreds of NFTS – get bigger allocations of the token. Source
Two other crypto criminals, including Larry Harmon, the former CEO of bitcoin mixer Helix, and Ilya Lichtenstein, who, along with his wife Heather “Razzlekhan” Morgan, laundered $3.6 billion in bitcoins from the 2016 Bitfinex hack, testified against Sterlingov during his trial. Lichtenstein pleaded guilty last August and has not yet been sentenced while Harmon pleaded guilty in 2021, agreeing to forfeit over 4,400 bitcoins and pay a fine of $60 million. Original
Some expected — and unexpected — names are joining the bitcoin frenzy. As bitcoin has rallied to all-time highs in recent weeks, turbulent crypto currencies have regained some relevance among traditional investors. These actions have also had a ripple effect among some stocks tied to trading digital currencies — as well as a handful of names some may not have anticipated. CNBC Pro screened to find the stocks that have moved most in line with bitcoin over the last 50 trading days. We looked at the relationship between the stocks…
“We have been bullish on bitcoin since the end of January, but the risk-reward analysis favors a period of consolidation,” Matrixport analysts said. “This bull market still has legs, but the divergence between a declining RSI and still high Bitcoin prices could signal that Bitcoin needs to consolidate before rallying again. Source
PRESS RELEASE. In a significant stride towards revolutionizing the decentralized finance (DeFi) landscape, xuirin Finance is excited to announce the launch of its presale, effective immediately. This pivotal event marks a monumental milestone for the innovative DeFi platform, known for its comprehensive suite of services designed to transform how international transactions are conducted. xuirin Finance, […] Source CryptoX Portal
Since the price of Bitcoin broke its previous all-time high, it has shown immense momentum, surging even higher, surpassing the $72,000 price mark, while leading the charge to what is considered the “biggest bull run in history.” Bitcoin Lengthening Cycles Beyond Previous All-Time High Many crypto analysts predict the world’s largest cryptocurrency will peak within the next few months following the surge. Some have even pinpointed the exact timeframe in which this might happen in this bull cycle. Rekt Capital, a cryptocurrency analyst and trader, has shared his insights on…
March 12, 2024 – Tortola, British Virgin Islands Nibiru Chain, a developer and user-centric layer one platform, has officially launched its public mainnet. Nibiru Chain stands out by offering a secure and efficient environment for building highly-performant DApps (decentralized applications). It is distinguished by its robust smart contract ecosystem offering superior throughput and unparalleled security, making it the go-to platform for builders in gaming, RWAs (real-world assets), NFTs, DeFi and more. Empowering users with a rich ecosystem At launch, Nibiru Chain offers a wide range of functionalities to its community…
With bitcoin climbing over 50% in the past month, the notable gold aficionado and economist Peter Schiff has thrown shade at the market’s recent rally. Schiff argues that this uptick in value is nothing but “speculative mania” and advises folks to funnel their risky investments into gold instead. Schiff Warns of Speculative Mania in Bitcoin, […] Original
Patient Capital Management filed with the SEC to purchase spot Bitcoin ETFs for 15% of its Opportunity Trust Fund. According to an updated filing with the U.S. SEC, Patient Capital Management has amended its existing filing to update its risk factors. The application now states “cryptocurrency regulation risk” instead of “Bitcoin (BTC) risk.” “All references to Grayscale Bitcoin Trust throughout the Summary Prospectus are replaced with references to Bitcoin ETPs. Previously, the fund’s exposure to Bitcoin was limited to investment in Grayscale Bitcoin Trust, a privately offered investment vehicle whose…
BlackRock spearheads proceedings with 203,754 BTC accumulated for investors in under three months as the Bitcoin ETF market expands. BlackRock’s iShares Bitcoin ETF (IBIT) boasts a notional value of $14.7 billion as of March 11, according to the asset manager’s official data updated on March 12. Excluding Grayscale’s converted GBTC ETF, this makes IBIT the largest Bitcoin (BTC) ETF among the nine new funds approved on Jan. 10 by the U.S. SEC. iShares Bitcoin ETF holdings | Source: BlackRock The closest issuer to BlackRock was Fidelity’s FBTC, with $9.2 billion…