Investment management firm Ark Invest says bitcoin is “likely to scale into a multi-trillion dollar market.” In its new report, the firm offers three bitcoin price predictions, including a bull case where bitcoin could rise to $1.48 million per coin. Ark Invest CEO Cathie Wood sees bitcoin as “an insurance policy for everyone against the confiscation of wealth.” Ark Invest: Bitcoin Price Could Reach $1.48 Million Ark Investment Management (Ark Invest) published its annual Big Ideas 2023 last week. The report “highlights the technological breakthroughs evolving today and creating the…
Tag: Markets
SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday – Market Updates Bitcoin News
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s session, nearing a one-week low. Shiba Inu (SHIB) Monday saw shiba inu (SHIB) continue to trade relatively close to recent highs, despite crypto markets mostly declining. SHIB/USD hit a high of $0.0000148 earlier today, which comes following a bottom at the $0.0000141 mark on Sunday. The…
Brazilian Fintech Company Capitual Partners With Azimut to Offer Crypto Services in European Markets – Fintech Bitcoin News
Capitual, a Brazilian fintech company that offers cryptocurrency intermediation services, has partnered with Azimut, an asset management firm, to expand its service offer to Europe. The deal, which contemplates an investment of €15 million (about $16.2 million), would allow Capitual to start operating in Mexico, where Azimut has significant presence and operations. Capitual Gets €15 Million Investment From Azimut Fintech companies serving the cryptocurrency market have started grabbing the attention of more traditional asset management firms. Capitual, a fintech company that serves as a bridge to legacy finance for several…
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High – Markets and Prices Bitcoin News
The meme coin economy has grown significantly over the past 27 days, increasing 34.52% against the U.S. dollar. The largest meme coin by market capitalization, dogecoin, has risen 29.5% in the past month, while the second-largest meme coin, shiba inu, has jumped 71.9% in 30 days. Since Jan. 9, 2023, the overall value of the meme token economy has increased by $5.8 billion. Dogecoin and Shiba Inu Dominate Meme Coin Market With 94% Market Share The top meme coins by market capitalization have gained in value against the U.S. dollar…
Legal Expert Says Mango Markets Exploit Case Is Wake-Up Call For DAOs
Bathgate said the case against Eisenberg is also different and “unusual to some extent” because Eisenberg’s name was made public. In other exploits, a supposed bad actor isn’t as easy to find, but because Eisenberg outed himself, “it does raise the question if you’re doxxed, are you going to make these arguments now in the court of law?’ Source
SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Falling – Market Updates Bitcoin News
Shiba inu was one of Friday’s biggest gainers, as the meme coin remained close to a recent three month high. The token has been in the green for the majority of today’s session, despite the global cryptocurrency market cap falling 1.28% at the time of writing. Polkadot was also higher, as it continued to trade above a key price ceiling. Shiba inu (SHIB) Shiba inu (SHIB) was a notable mover on Friday, with prices remaining close to yesterday’s three month high. SHIB/USD rose to a high of $0.00001291 on Thursday,…
Robert Kiyosaki Discusses Why Gold, Silver, Bitcoin Are Rising Higher – Markets and Prices Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has shared his view on why the prices of gold, silver, and bitcoin are rising higher. Noting that silver is cheap right now, Kiyosaki urged investors to buy a silver coin and start getting richer. Robert Kiyosaki Bullish on Gold, Silver, Bitcoin The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his thoughts on why the prices of his top three investment picks — gold, silver, and bitcoin — are going up. Rich Dad Poor…
Crypto Market’s Post Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap’s UNI token and Avalanche’s AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell. Source
Alleged Mango Markets exploiter waives bail during hearing in federal court
Lawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in the criminal case involving commodities fraud, commodities market manipulation and wire fraud. According to accounts of social media users present on Feb. 2, Mango Markets user Avraham Eisenberg’s legal team waived his right to bail at a hearing in U.S. District Court for the Southern District of New York. Federal Judge Richard Betman, who will be presiding over the criminal case, has reportedly set a followup court date for Feb.…
Alleged Mango Markets Exploiter Eisenberg Waives Bail in First NY Court Hearing
Eisenberg was arrested in Puerto Rico in the early evening of Dec. 26, and was held there until Wednesday, when he was transferred to New York. Eisenberg’s lawyer, Brian Klein, told U.S. Magistrate Judge Jennifer Willis that his client was tired from his travels, which included a stopover in Oklahoma. Source