A top financial officer of the U.S. state of Florida is advocating for state retirement funds to consider cryptocurrency investments, calling bitcoin a hedge against market volatility. US State Official Pushes Bitcoin as Hedge for Public Retirement Stability Chief Financial Officer and State Fire Marshal Jimmy Patronis, a statewide elected official and member of Florida’s […] Original
Many people have stumbled upon unexpected wealth thanks to cryptocurrencies. You don’t have to be an expert to see that Bitcoin’s price is sky-high compared to when it first started. Back around 12-15 years ago, you could buy thousands of Bitcoins for almost nothing. It’s believed that the biggest gains were made by those who believed in digital currencies at the very beginning. But fast forward to today, and new coins are still popping up, offering fresh opportunities to make a fortune. Recent reports show that the number of crypto…
Este artículo también está disponible en español. In an analysis shared on X, Taran Sabharwal, CEO of Stix—a leading OTC trading platform specializing in liquidity solutions for private crypto transactions—provided insights into the upcoming unlock dynamics of the Celestia (TIA) token scheduled for October 31, 2024. His assessment suggests that the market may be underestimating the potential impact on TIA’s price action heading into November. Why Celestia (TIA) Could Be A Buy “TIA – an OTC story,” Sabharwal began. “We used on-chain data (via @celenium_io API) to judge exactly how…
Este artículo también está disponible en español. In a surprising take, a crypto analyst has foreseen a crash in the price of Solana despite the ongoing bull momentum. This analyst is projecting a crash in the price of Solana, offering a fresh perspective on the crypto heavyweight. According to a crypto trader who goes by the name AlanSantana on TradingView and is very active on the trading platform, Solana’s trading volume in the past two months suggests the crypto is gearing up for a crash. Analyst Predicts Massive Crash For…
As Bitcoin hovers near its all-time high of $73k, crypto investors are witnessing a green run, especially in meme coins, including Dogwifhat (WIF). Launched in November 2023, the WIF token has appreciated almost 170x in price and currently standing at $2.636, at the time of writing. WIF weekly chart, October 2024 | Source: Tradingview In this article, we’ll discuss the Dogwifhat price prediction by giving you its short and price forecasts, and explore whether this meme coin can continue its bullish run. What is Dogwifhat? Inspired by a viral meme…
Coinbase Pours $25M More Into Fairshake as CEO Armstrong Says 'We’re Not Slowing Down' Source
Liu Zhou, 39, said to be from China and Canada, will be sentenced early next year in federal court for “the wash trading of client cryptocurrencies across multiple cryptocurrency exchanges,” according to the DOJ. Wash trading refers to the artificial driving up of asset prices by suggesting a fake level of transaction interest. Source
Any potential CBDC issued by the Federal Reserve would be managed by private-sector banks, Fed officials have said, meaning some of the institutions represented in the advisory group. However, the political chances for U.S. CBDCs, which are strongly opposed by Republican lawmakers, remain dicey in the near term. Source
Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […] Original
“Really solid results across the board, I think quarter to quarter, you definitely see volatility playing a role in trading revenues and we saw that play out with softer market conditions in Q3 but we’re overall happy with the results,” Anil Gupta, vice president of investor relations, told CoinDesk. Source