Bitcoin market participants are doubting the staying power of the ongoing BTC price relief bounce. Source: https://cointelegraph.com/news/bitcoin-opens-63k-futures-gap-thin-liquidity-btc-price
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What are tokenized commodities?
Tokenized commodities offer fractional ownership, portfolio diversification and investment accessibility across various asset classes. Source: https://cointelegraph.com/explained/what-are-tokenized-commodities
Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow
Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […] Source: https://news.bitcoin.com/grayscales-bitcoin-trust-halts-78-day-outflow-streak-with-63m-inflow/
Moonbirds Copyright Controversy Exposes Flaws in Crypto’s IP Obsession
It’s not much of a secret: When NFTs broke out as a coherent asset class in 2021, their value proposition was, chiefly, rampant speculation. Since then, NFT projects have spent untold millions attempting to pivot their brands towards more serious-sounding, sustainable futures; most opted to go all-in on the ephemeral, provocative concept of intellectual property, or IP. It has never…
US Authorities Charge Man in Connection With $43 Million ‘Classic’ Ponzi Scheme
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43 million. FBI Assistant Director James Smith said the actions of Idin Dalpour not only “sever the trust of clients,” […] Source: https://news.bitcoin.com/us-authorities-charge-man-in-connection-with-43-million-classic-ponzi-scheme/
This Week in Coins: Bitcoin Battered But Rebounds As Meme Coin Mania Abides
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 ReportsIllustration by Mitchell Preffer for Decrypt. It was a rough week for Bitcoin—and the wider crypto market—but as of yesterday, things were looking brighter. The price of…
BTC-e founder pleads guilty in $9 billion laundering conspiracy
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors. Source: https://cointelegraph.com/news/btc-e-founder-pleads-guilty-in-9-billion-laundering-conspiracy
Democratizing Investment – The Power of Asset Tokenization in Real-World Assets
In the traditional financial landscape, investment opportunities in real-world assets (RWAs) have traditionally been reserved for the affluent and well-connected, with significant barriers preventing the average person from accessing lucrative investment markets. For instance, opportunities to invest in real estate have been primarily available to institutional investors or high-net-worth individuals as these investments often require […] Source: https://news.bitcoin.com/democratizing-investment-the-power-of-asset-tokenization-in-real-world-assets/
LayerZero tackles sybil activity with self-reporting mechanism
LayerZero Labs will enforce consequences for those who don’t self-report by May 17, 2024. Source: https://cointelegraph.com/news/layerzero-tackles-sybil-activity-with-self-reporting-mechanism
Paypal Partnership Allows US-Based Moonpay Users to Buy Crypto With Their Paypal Accounts
The digital asset trading platform, Moonpay, announced on May 2 that it had formed a partnership with Paypal. This partnership will allow U.S. users to purchase cryptocurrency using their Paypal accounts. Users of Moonpay can benefit from the security offered by Paypal, a payment provider known for sharing comprehensive financial information about transactions. Moonpay Users […] Source: https://news.bitcoin.com/paypal-partnership-allows-us-based-moonpay-users-to-buy-crypto-with-their-paypal-accounts/