Tag: Investors

CNBC’s Joe Kernen warns investors to ‘prepare for the halving’ amid Bitcoin ETF hype

boss

CNBC anchor Joe Kernen’s tweet about the upcoming Bitcoin halving has ignited discussions in the cryptocurrency community, warranting a thorough and unbiased analysis of its potential market impact and the recent price surge linked to BlackRock Bitcoin ETF rumors. CNBC anchor Joe Kernen recently sparked attention in the crypto community with his enthusiastic tweet, circulated by Bitcoin Magazine, proclaiming, “prepare for the halving. The halving is coming.” Kernen was referring to the anticipated Bitcoin halving event, a technical occurrence that slashes mining rewards for new Bitcoins in half, which theoretically…

Bitcoin (BTC) Price Rise Fuelled by U.S. Investors Bolstering Their Position Ahead of Potential Spot ETF Approval: Matrixport

boss

Matrixport notes there are about 420 million- 440 million cryptocurrency owners globally. 260 million are in Asia, 54 million in North America, 38 million in Africa, 31 million in South America and 1.5 million in Oceania. While Asia is the largest group by far, the “buying power of U.S. traders and institutions is a magnitude larger,” the report said. Original

FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in Sam Bankman-Fried Empire

CryptoX – Cryptocurrency Analysis and News Portal But the bankruptcy negotiation was always aimed toward a settlement, because it gets money into people’s hands much more quickly, Paul explained. The lawyers have until Dec. 1 to get a 75% approval rate from the 60 individuals and entities in their group and with any investors who sign up as members in the coming weeks. Original Source The post FTX Creditors’ Lawyers Promote Deal Giving Investors 90% of What’s Left in Sam Bankman-Fried Empire appeared first on CryptoX. CryptoX Portal

Thai crypto investors turn to tarot cards, divine signals to predict market

Crypto and stock investors have always found interesting and sometimes bizarre ways to “predict” the market’s ebbs and flows.  Some have suggested that our unconscious minds can predict the stock market through “precognitive dreaming,” while others have recently been turning to the advice of artificial intelligence chatbots. However, in Thailand, there appears to be a growing group of investors turning to divine powers and astrology to predict market movements, including crypto — as recently highlighted in a r/cryptocurrency thread on Reddit. One astrologist, who goes by “Pimfah,” has a 160,000-strong Facebook group…

Investors must be ready for the power of asset tokenization

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. While it remains a relatively new concept, asset tokenization is being deemed as one of the most compelling applications of blockchain technology amongst experts. Backed by benefits like greater portability, improved security, increased efficiencies, and fractionalization, asset tokenization has massive potential and is becoming impossible to ignore. It is transforming finance with enhanced security and liquidity. Not to mention, there is a less obvious benefit here, which…

Shiba Inu set for recovery as investors eye Neo and InQubeta

Crypto is volatile, but two popular altcoins have been resilient despite harsh market conditions. Shiba Inu (SHIB) recently processed a large chunk of transactions, while InQubeta(QUBE) has been steadily gaining investor attention. InQubeta eases investment in crypto AI startups Many artificial intelligence (AI) startups are launching or planning to in the months ahead. However, it can be challenging for potential investors to get involved.  InQubeta aims to change that. It’s a crowdfunding platform that lets investors make fractional investments via non-fungible tokens (NFTs) in AI startups using the QUBE, the platform’s…

Bitcoin’s long-term investors own over 76% of all BTC for the first time

Bitcoin (BTC) is becoming scarcer than ever — if you are a BTC price speculator or new to the market. The latest data from on-chain analytics firm Glassnode shows a record portion of the available BTC supply is locked up in long-term storage. Bitcoin long-term holder presence beats all-time highs At more than 76%, Bitcoin’s long-term holders (LTHs) control more of the BTC supply than at any point in history. Despite the supply increasing with every block, in percentage terms, the low-time preference Bitcoin investor cohort has a record market…