This edition of Cointelegraph’s VC Roundup features Asylum Ventures’ new fund, as well as startups Puffpaw, Permissionless Labs, Infinit, DRiP, IN1 and DeFi.Gold. Source: https://cointelegraph.com/news/vc-roundup-asylum-ventures-launches-55-m-fund-back-startup-artists-assets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: September 2024
Analyst Claims Saudi Arabia Has Covertly Bought 160 Tonnes of Gold Since 2022
Jan Nieuwenhuijs, a gold market analyst, claims that Saudi Arabia has been covertly buying gold since 2022, trying to get its hands on physical gold due to its neutral and sanction-proof traits. According to his figures, 160 tonnes have been acquired without disclosure, likely to avoid upsetting the U.S. government for these actions. Analyst Alleges […] Source: https://news.bitcoin.com/analyst-claims-saudi-arabia-has-covertly-bought-160-tonnes-of-gold-since-2022/
Is an ex-Celsius exec planning to attend Token2049?
The timing of a travel request filed by Roni Cohen-Pavon in US court coincides with a crypto conference that Celsius executives have previously attended. Source: https://cointelegraph.com/news/roni-cohen-pavon-celsius-exec-court-travel-singapore?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense. Source: https://cointelegraph.com/news/kraken-sec-denial-digital-assets-brazil-starlink-uk-crypto-law?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 9/16: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin’s failure to hold $60,000 shows hesitation to buy at higher levels before the FOMC decision on Sept. 18. Source: https://cointelegraph.com/news/price-analysis-9-16-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BitGo launches regulated custody platform for native protocol tokens
The US custodian’s crypto-native clients include Worldcoin, ZetaChain, and LayerZero. Source: https://cointelegraph.com/news/bit-go-launches-regulated-custody-platform-native-protocol-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CME Futures and Polymarket Predict Jumbo 50bps Rate Cut – Will the Fed Deliver?
As the U.S. central bank members prepare for their meeting on Wednesday, just a day ago, the likelihood of a 25-basis point (bps) rate cut versus a 50bps cut was evenly split at 50-50. Fast forward to today, and the odds are now tipping in favor of a larger 50bps reduction. Predictions from betting market […] Source: https://news.bitcoin.com/cme-futures-and-polymarket-predict-jumbo-50bps-rate-cut-will-the-fed-deliver/
Crypto investment products see $436M inflow while Ethereum continues to suffer
Inflows to crypto investment products rose over the past week, but Ethereum continues to lose investors’ interest. Source: https://cointelegraph.com/news/crypto-investment-products-see-436-m-inflow-while-ethereum-continues-to-suffer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Critic Elizabeth Warren Urges Fed Chair to Make Massive Rate Cut
Senator Elizabeth Warren is pushing the Federal Reserve to lower interest rates dramatically this week, with the outspoken crypto critic arguing that higher borrowing costs have threatened the U.S. economy for too long. “Now is the time to swiftly move forward with rate cuts,” the Senator from Massachusetts wrote in a letter addressed to Fed Chair Jerome Powell. The letter…
Linux debuts decentralized trust with Hedera and 100+ members
The Linux Foundation Decentralized Trust will incorporate all of Linux’s decentralized projects in one place, including all of Hyperledger. Source: https://cointelegraph.com/news/linux-foundation-decentralized-trust-hedera-hyperledger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound