Month: March 2024

Bitcoin Dogs ICO Raises $5.7 Million, Pioneering BRC-20 and Bitcoin Gaming – Blockchain News, Opinion, TV and Jobs

London, United Kingdom, March 1st, 2024, Chainwire The Bitcoin Dogs presale for the first-ever coin on the Bitcoin blockchain has now raised a total of $5.7 million since the 14th of February. The world’s first ICO on BRC-20, Bitcoin Dogs, has 14 days until the presale closes. The growth of the Bitcoin Dogs community is showing no signs of slowing down. Across its core social channels, the following has broken the 100k mark, with over 110k followers on Twitter and over 19k in the official Telegram group. The Bitcoin Dogs…

Institutional investors poised to fuel major surge in Bitcoin ETF adoption, Bitwise predicts

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Bitwise anticipates a surge in institutional investment into Bitcoin ETFs in the coming months as major financial institutions, known as “wirehouses,” start offering Bitcoin ETF trades to their clients. Matt Hougan, Bitwise’s Chief Investment Officer, shared a number of insights during a CNBC interview on Feb. 29, stating that the initial interest in Bitcoin ETFs has primarily come from retail investors, hedge funds, and independent financial advisors. Hougan projected that this trend would soon extend to institutional investors, marking a pivotal moment for Bitcoin that he likened to an “IPO…

Bitcoin OTC Desks ‘Dried Up To 40 BTC’: What This Means

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The availability of Bitcoin (BTC) on Over-the-Counter (OTC) desks has sharply decreased, with reports suggesting that at one point, only about 40 BTC were available for sale. This news has significant implications for the market and could herald a new era in BTC trading dynamics. OTC Desks Had 40 Bitcoin Available On Wednesday Caitlin Long, the CEO and founder of Custodia Bank, provided an eye-opening account of the current state of the OTC Bitcoin market. Through a series of posts on X (formerly Twitter), Long noted, “The #HODLgang has mostly…

Coin-for-Coin Payback — Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement

Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy court approval, signifies a major victory for users, with over $1.8 billion in assets set to be returned. Potential Full Crypto Asset Recovery for […] Source CryptoX Portal

BNB Barrels Past $400, As Binance TVL Nears $5 Billion

Recently, the Binance Smart Chain emerged as the top Layer 1 platform with the biggest number of BNB users. There has also been a noticeable increase in its volume. The optimistic outlook for the cryptocurrency market as a whole has also contributed to BNB’s success. With a market capitalization of around $2.30 trillion, Bitcoin’s latest ascent beyond $63,000 suggests that investor confidence has increased. BNB Approaches $5 Billion TVL Total Value Locked (TVL) for BNB Chain increased steadily this year and is currently close to $5 billion. It’s crucial to remember…

Bitcoin will settle at $55k before setting new all-time high, Novogratz says

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Galaxy Digital CEO Michael Novogratz says he wouldn’t be surprised to see some corrections and consolidation in the crypto market before taking off to the new high. In a recent interview with Bloomberg, Galaxy Digital CEO Michael Novogratz highlighted the need for vigilance when dealing with Bitcoin (BTC) at present, indicating a possibility of short-term shifts in its trajectory. Expressing his concerns on the matter, Novogratz said he “wouldn’t be surprised to see some corrections and some consolidation.” “If it [Bitcoin] corrects, it might correct to the mid-$50,000s, before taking…

Regulated platform for trading crypto, tokenized shares, and indices

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ever thought it possible to seamlessly trade tokenized shares, indices, or commodities with cryptocurrency? Dzengi.com is a fully regulated cryptocurrency exchange that provides a variety of tokenized assets for trading. The Dzengi.com advantage  Dzengi.com caters to the diverse needs of investors with its fast, agile platform with a wide array of tokenized assets, including tokenized shares, indices, commodities, and cryptocurrency. Serving as a premier destination for trading a vast…

Terraform Labs Founder Do Kwon Faces Extradition Delay in Montenegro Amid SEC Fraud Allegations

Do Kwon, the embattled former CEO of Terraform Labs, is currently stranded in Montenegro due to extradition delays, following accusations by the U.S. Securities and Exchange Commission (SEC) of conducting a massive fraudulent crypto scheme. Last year, the SEC charged that from April 2018 to May 2022, Terraform and Kwon’s operations resulted in at least […] Source BitcoincryptoexchangeExchanges CryptoX Portal