Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […] Source: https://news.bitcoin.com/skybridge-founder-it-pays-to-be-long-bitcoin-btc-will-be-inflation-hedge-and-store-of-value-as-it-scales/
Month: April 2024
PayPal Adjusts Policies, Removes Protections for NFT Transactions
In a recent update to its terms of service, PayPal has announced significant changes to its buyer and seller protection policies for non-fungible token (NFT) transactions, effective May 20. Under the new policy, NFT purchases will no longer be covered by PayPal’s buyer protection program. Additionally, NFT sales exceeding $10,000 will no longer be safeguarded against false claims, chargebacks, or…
Hong Kong’s Bitcoin and Ethereum ETFs Could Fetch $25 Billion—If China Plays Nice
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 Hong Kong’s spot Bitcoin and Ethereum exchange-traded funds (ETFs) could begin trading by the end of the month, the veteran analyst behind 10x Research told Decrypt. “While…
Exploring the Niche Market of Gold-Backed Stablecoins
As geopolitical tensions fuel record highs in the price of gold, one might expect a surge in activity within the gold stablecoin market. However, historical trends reveal a rather subdued landscape in this niche subsector. Tether’s XAUT and Paxos’ PAXG stand as the major players in the gold stablecoin market. Yet, compared to their dollar stablecoin counterparts, USDT and USDP,…
Ethereum Game ‘The Machines Arena’ Launching on Epic Games Store and Android
Ethereum hero shooter The Machines Arena (TMA) will enter open beta next week after spending a year in closed beta. Alongside this, Directive Games has announced that the game—which runs on Ethereum sidechain network Ronin—will also be available to play on Android mobile devices. The open beta will be available to download via the Epic Games Store, or through the…
Bitcoin Runes Arrive at the Halving—And Internet Computer Will Support Them
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 With the Bitcoin halving and Runes protocol launch taking place this weekend, Dfinity is continuing Internet Computer’s embrace of the Bitcoin ecosystem by adding support for…
Bitcoin Halving Means BTC May Still Have Room to Run, Says Bitfinex
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 is down ahead of the halving, trading now for under $63,000 per coin following a huge sell-off over the weekend. But paying attention to 2020…
Tether and Fuze Partners to Boost Digital Asset Awareness in Turkey and the Middle East
Tether (USDT) has formed a partnership with Fuze, a digital assets infrastructure provider, to bolster education and awareness about digital assets in Turkey and the Middle East. The collaboration, detailed in an official press release, entails a Memorandum of Understanding (MoU) between the two entities, outlining mutual objectives without legal binding. The joint efforts between Tether and Fuze aim to…
Solana Futures Exchange Drift Will Airdrop 100 Million Tokens to DeFi Traders
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 Drift Foundation, the organization supporting the Solana-based perpetual swap futures exchange Drift Protocol, announced the platform’s governance token DRIFT on Tuesday, with 10% of the…
Shiba Inu Faces Downturn Amidst Meme Coin Market Volatility
The Shiba Inu (SHIB) price has significantly declined 8% today, dropping to $0.0000216, mirroring a broader 4.5% dip in the crypto market over the past 24 hours. Over the past week, SHIB has fallen by 24%, and in the last 30 days, it has experienced a 16% decline, although it still maintains an 85% gain over the past year. This…