Tag: Investors

Ethereum Whales Sell, But Bitcoin’s Key Investors Are Buying

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows the Ethereum whales have sold the asset recently, while key holders on the Bitcoin network have accumulated instead. Ethereum Whales Have Sold Into The Latest Rally…

Bitcoiner Jack Mallers assures Strike investors, Twenty One won’t distract

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Strike CEO Jack Mallers said his new role as CEO of Bitcoin treasury firm Twenty One Capital won’t distract him from heading Strike, revealing the platform processed over $6 billion in volume in 2024. “This is not a shift in my commitment; it’s an extension of it,” Mallers said in an April 25 letter to Strike investors. Every decision based on if it is “good for Bitcoin” “If Bitcoin wins, humanity wins. Every business decision I make starts with one question: Is this good for Bitcoin? Twenty One exists because…

Investors can turn to stocks as Bitcoin nears range top, analysts warn

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Analysts warn that investors may shift to stock replacement strategies as Bitcoin approaches the upper end of its $73,000 to $94,000 range. Bitcoin’s (BTC) recent rally has put it at the upper end of its trading range, and analysts are now warning that investors may look to stocks as a safer alternative. With Bitcoin now trading at around $93,500, the cryptocurrency has broken above its 21-week moving average, which is considered a key indicator for distinguishing between bull and bear markets, analysts at Matrixport noted in a recenet research report.…

Shaq Inks Deal to Settle With FTX Investors Over Boosting Failed Crypto Exchange

Shaquille O’Neal has reached a settlement agreement with a group of FTX investors who accused him of enabling the failed crypto exchange’s fraud by acting as a celebrity promoter, according to a court filing. Details of the settlement agreement, including the amount O’Neal will pay, have not yet been disclosed. Plaintiffs in the case are seeking up to $21 billion in total damages from O’Neal and other promoters, former executives and other insiders. The former basketball star-turned-business mogul was just one of a host of celebrity promoters named in the…

Investors Pull $120 Million from Exchanges

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Chainlink (LINK) cryptocurrency has witnessed significant token flows off exchanges just recently. Over $120 million of LINK tokens have been taken off trading platforms within the last 30 days,…

Russian Central Bank to Launch Crypto Exchange for “Super-Qualified Investors”

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The Russian Central Bank and the Finance Ministry have teamed up to launch a local cryptocurrency exchange aimed exclusively at the country’s “super-qualified investors.” As reported by local news outlet RBC, the exchange will operate under an experimental legal framework. Russian Finance Minister, Anton Siluanov “Together with the central bank, we will launch a crypto exchange for super-qualified investors,” Finance Minister Anton Siluanov said (translated from Russian) during a ministry meeting, according to local news agency Interfax. “Crypto assets will be legalised, and crypto operations will be brought out of…

US lawmaker targets crypto investors using Puerto Rico as a tax haven

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A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven. According to an April 21 Bloomberg report, New York Representative Nydia Velázquez introduced the Fair Taxation of Digital Assets in Puerto Rico Act, a bill that could change existing laws in the territory to require certain investors to pay local and federal taxes on capital gains, including from digital assets. The legislation would reportedly add text to Puerto Rico’s Internal Revenue Code, making…

Investors sue Meteora and VC firm, alleging fraud

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A group of investors has filed a class-action lawsuit against decentralized cryptocurrency exchange Meteora, alleging the firm was involved in manipulating the launch and market price of the M3M3 token. In an amended complaint filed on April 21 in the US District Court for the Southern District of New York, the plaintiffs allege that venture capital firm Kelsier Labs, Meteora, and four current or former executives “intentionally misrepresented” information in the M3M3 launch in December 2024. The investors claimed that they suffered at least $69 million in losses between December…

Which is easier for investors to purchase?

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As gold prices break new highs, many Bitcoiners are seeking ways to get exposure to the precious metal, but have been met with some hurdles along the way. Although physical gold is accessible in the form of jewelry, gold bars and coins, many industry executives are concerned about aspects like its quality, liquidity when selling, and buying at a premium above spot prices. On the other hand, gold advocates are confident that the precious metal is much easier to buy than Bitcoin (BTC), given the complexities of storing private keys…

How do they stack up for investors?

As gold prices break new highs, many Bitcoiners are seeking ways to get exposure to the precious metal, but have been met with some hurdles along the way. Although physical gold is accessible in the form of jewelry, gold bars and coins, many industry executives are concerned about aspects like its quality, liquidity when selling, and buying at a premium above spot prices. On the other hand, gold advocates are confident that the precious metal is much easier to buy than Bitcoin (BTC), given the complexities of storing private keys…