US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains
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US Government Could Hold Bitcoin as Reserve Asset, Diam CEO Explains

Bryan Courchesne, CEO and founder of crypto investing firm Daim, has shared insights regarding how the U.S. government could start holding bitcoin as strategic reserve asset. “The Justice Department holds about 200,000 units of bitcoin so the United States is the largest holder of bitcoin, and so they could easily just move that over to […] Source: https://news.bitcoin.com/us-government-could-hold-bitcoin-as-reserve-asset-diam-ceo-explains/

Meta Launches Llama 3.1 as Mark Zuckerberg Pushes Open-Source AI
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Meta Launches Llama 3.1 as Mark Zuckerberg Pushes Open-Source AI

Facebook parent company Meta launched its latest AI model, Llama 3.1, its most powerful generative AI product to date, the company said on Tuesday. This follows the April release of Llama 3, which the company had called “the next generation of our state-of-the-art open-source large language model.” Also known as Llama 3.1 405B, Meta claimed the new AI model is now the…

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Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins
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Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins

Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold will rise from $2,400 to $3,300 an ounce, silver from $29 to $79 an ounce, and bitcoin from $67,400 to […] Source: https://news.bitcoin.com/robert-kiyosaki-forecasts-105000-bitcoin-and-3300-gold-if-trump-wins/

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Spot Ethereum ETFs seen with over $1B in trading volume on debut

Bloomberg ETF analyst Eric Balchunas said the $625 million in trading volume excluding Grayscale’s ETHE was “healthy” and expects a “sizeable chunk” of that sum will convert to inflows. Source: https://cointelegraph.com/news/spot-ethereum-etfs-surpass-1-billion-trading-volume-on-day-1?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

FOMO HOUR 164 - ETH ETF DAY!
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FOMO HOUR 164 – ETH ETF DAY!

FOMO HOUR 164 – ETH ETF DAY! BTC ETF Flows: +$534m. ETH outperforms slightly as 9 ETFs set to launch. Grayscale moves $1bn ETH to Coinbase for outflows. Biggest BlackRock ETF inflow day in 4 months. Mt Gox moves $2.8bn BTC for distributions. US government moves $4m BTC to Coinbase. Bedford FC buys $4.5m BTC. Hamilton Lane launches private credit…

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Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume
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Altcoin Resurgence Expected if Ether ETFs Drive Sharp Uptick in ETH, Says Two Prime’s Blume

A managing partner at SEC-regulated Registered Investment Advisor Two Prime has discussed the potential impact of spot ether exchange-traded fund (ETF) launches on the cryptocurrency market. He explained that early demand could be greater than when spot bitcoin ETFs launched and suggested that a sharp uptick in ethereum price from the ether ETFs could lead […] Source: https://news.bitcoin.com/altcoin-resurgence-expected-if-ether-etfs-drive-sharp-uptick-in-eth-says-two-primes-blume/