The top memecoins are far from previous highs, yet retail investors may view them as fairer opportunities than VC-backed coins with high fully diluted valuations. Source: https://cointelegraph.com/news/dogecoin-price-skyrocket-7-months-after-bitcoin-halving
Month: April 2024
FTC’s Non-Compete Ban: Victory for Crypto
When news broke about the U.S. Federal Trade Commission’s decision to prohibit non-compete agreements, it brought back memories of my own experience leaving a blockchain startup to join another early-stage company. Upon my departure, my former employer sent a cease-and-desist letter alleging a breach of a non-compete clause in my employment contract. Despite the weak legal grounds of their claim,…
Rabbit R1 Reviews Herald ‘Standout’ AI Assistant After Disastrous Humane Pin Launch
The handheld AI assistant Rabbit R1 has landed in the hands of its earliest adopters, and its public reception carries an air of relief from fans of the nascent hardware category. The emerging category of AI-powered personal assistants has few entrants, most prominent among them the much-maligned Humane AI Pin, which was panned for its sluggish performance and lack of…
Paystand’s DeFi-Driven Acquisition: Transforming B2B Payments
Paystand (NASDAQ:PAYS) has made a strategic move by acquiring spend management software startup Teampay, aiming to establish a “no-fee B2B digital payment and spend powerhouse.” While the financial terms of the deal were not disclosed, Teampay has successfully raised $65 million since its inception in 2016. The merger brings together two entities servicing over 1 million businesses on a commercial…
‘ETH Should Not Be Treated as a Security’ — Consensys Sues SEC Over Ethereum Regulations
In a significant legal move, Consensys has initiated a lawsuit against the U.S. Securities and Exchange Commission (SEC) to protect the Ethereum blockchain from what it deems overreaching regulations. A report further alleges that the SEC issued a Wells Notice to Consensys, asserting that Metamask functions as an “unlicensed broker-dealer.” Consensys Confronts SEC Following Receipt […] Source: https://news.bitcoin.com/eth-should-not-be-treated-as-a-security-consensys-sues-sec-over-ethereum-regulations/
Square merchants can now convert up to 10% of sales to Bitcoin via CashApp
Block gets one percent of every conversion. Source: https://cointelegraph.com/news/square-merchants-convert-sales-bitcoin-cash-app
Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?” Source: https://cointelegraph.com/news/bitcoin-funding-rate-flattens-but-should-btc-bulls-rejoice-and-buy-the-dips
Franklin Templeton Enables Peer-to-Peer Trades of Blockchain Fund
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 Leading asset manager Franklin Templeton will allow customers to exchange shares of its Nasdaq-listed OnChain U.S. Government Money Fund (FOBXX) with each other. In a Thursday…
Ethereum (ETH) Investors Assess Potential for $4,000 Rally or $3,000 Dip
Amidst a broader market crash, Ethereum experiences a 2.50% decline, fueling concerns of a potential drop to $3,000. Despite this setback, some investors maintain optimism for long-term gains, pointing to the possibility of a bullish trend triggered by Bitcoin Halving. However, ETH faces resistance even as it finds support at $2,850, with conflicting signals from technical indicators adding to market…
Boomers to pour $300B into crypto markets — Morgan Creek Capital
Morgan Creek Capital CEO Mark Yusko believes the full impact of Bitcoin ETF adoption has yet to be realized as boomers gain more exposure to digital assets. Source: https://cointelegraph.com/news/boomers-300-billion-crypto-markets-morgan-creek-capital