The latest frenzy gripping the crypto world revolves around the exchange of trading cards featuring prominent figures in the cryptocurrency space, courtesy of Fantasy.top. Although the platform is currently on testnet, it is set to launch on the mainnet imminently. From Bitclout to FriendTech, it’s evident that Crypto Twitter thrives on speculating about each other. The latest sensation takes the…
Month: April 2024
The Bored Ape Restaurant in LA Closed—But That’s Not the Whole Story
After two years, Los Angeles-based restaurant Bored & Hungry is closing its doors, with the branding being taken over by the Hungry DAO, co-founder Andy Nguyen said on Monday. While Nguyen said goodbye to the Long Beach, Calif. location, Nguyen said reopening in the Los Angeles area was not out of the question. “Currently we are location hunting,” Nguyen told…
First Eyeballs, Now Palms: TON Offers $5 Million for Latest ‘Proof of Personhood’ Push
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Hoping to entice users to enroll in a palm-scanning, proof-of-personhood program, biometrics developer HumanCode AI and The Open Network (TON) Society—the community of developers building the…
Coinbase Anticipates Bitcoin Dips to Be ‘More Aggressively Bought’ Than Previous Cycles
Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow of institutional demand can be seen in the open interest of bitcoin futures. […] Source: https://news.bitcoin.com/coinbase-anticipates-bitcoin-dips-to-be-more-aggressively-bought-than-previous-cycles/
Coinbase and MicroStrategy Stocks Surge as Bitcoin Surpasses $72,000
Coinbase and MicroStrategy have seen significant gains of 8% and 12%, respectively, in early-day trading. The surge in stock prices coincides with Bitcoin’s climb above the $72,000 mark. Crypto-related companies started the week on a positive note as Bitcoin reached above $72,000 for the first time since mid-March. Shares of Nasdaq-listed Coinbase and MicroStrategy rose by 8% and 12%, respectively,…
Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes
Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to a “flight to safety.” ‘I Think This Is a Flight to Safety’ […] Source: https://news.bitcoin.com/ark-ceo-cathie-wood-sees-bitcoin-as-a-hedge-against-currency-devaluations-and-rogue-regimes/
Former Crypto Titans Return From the Dead
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The global crypto market cap stands at a robust $2.68 trillion, marking a 3.51% surge over the past day. Bitcoin, the market’s bellwether, has breached $71,000…
Detained Binance Executive Pleads Not Guilty; Nigerian Judge Sends Him to Prison
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran Gambaryan’s Arguments Tigran Gambaryan, a detained executive from Binance, pleaded not guilty to money […] Source: https://news.bitcoin.com/detained-binance-executive-pleads-not-guilty-nigerian-judge-sends-him-to-prison/
Bitcoin ETF Hype May be ’Moderating’ as Year-to-Date Growth Nears $14 Billion
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin’s price is up big—and that’s down to the large amounts of cash hitting crypto funds. But things on that front may slow down soon, fund…
South Korea’s Democratic Party to Introduce ETF and Digital Finance Reforms
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set for April 10, and the parliament is predominantly controlled by the DPK-led […] Source: https://news.bitcoin.com/south-koreas-democratic-party-to-introduce-etf-and-digital-finance-reforms/