Billionaire Says: Own Some Bitcoin
Billionaire and Interactive Brokers Group founder Thomas Peterffy has encouraged investors to acquire Bitcoin while advising caution due to its inherent volatility. Speaking in a Bloomberg interview on Wednesday, Peterffy recommended allocating a modest portion of one’s net worth to the leading cryptocurrency. “I would recommend that people put maybe 2% to 3% of their […]
Coincheck to Go Public on Nasdaq via SPAC Merger
Japan’s second-largest cryptocurrency exchange, Coincheck, is set to go public on the Nasdaq on Wednesday, marking a major milestone for the company and the broader crypto industry. The move comes via a de-SPAC merger with Thunder Bridge Capital IV, enabling Coincheck to become the second crypto exchange to list publicly in the United States. The […]
PEPE Outshines WIF in Meme Coin Battle
In the meme coin space, Pepe (PEPE) and dogwifhat (WIF) rank as the third and fourth-largest memecoins by market capitalization, respectively. PEPE currently boasts a market cap of $10.2 billion, while WIF trails significantly at $2.8 billion. This discrepancy generally suggests WIF has more room to grow, yet recent performance tells a different story. While […]
Bitcoin Market Outlook: Extreme Greed Signals Bullish Sentiment
Bitcoin [BTC] continues to exude bullish momentum as the Fear and Greed Index hits an extreme greed level of 83. This reading highlights growing investor confidence and widespread optimism surrounding the flagship cryptocurrency. However, it also brings into focus whether Bitcoin can sustain this bullish momentum or face an impending market correction. At press time, […]
SEC’s Pro-Crypto Reform Plan Under Trump
SEC Commissioner Hester Peirce, a prominent advocate for crypto-friendly policies, has laid out her agenda for crypto reform under President-elect Donald Trump’s leadership. Speaking in a recent Fox Business interview, Peirce identified three key priorities aimed at providing regulatory clarity and fostering growth in the digital asset industry. Ending Regulatory Suppression Peirce’s first priority is […]
Florida Bets Big: $1.85B Pension Fund Moves Into Bitcoin
Florida state officials announced a bold move to align with President-elect Donald Trump’s vision for a strategic Bitcoin reserve, revealing plans to invest $1.85 billion of the state’s pension fund into Bitcoin. The decision, led by the Florida Blockchain Business Association (FBBA) and backed by pro-Bitcoin state leaders, aims to diversify the investment portfolio and […]
Brooklyn DA Shuts Down 40 Fake NFT Marketplaces
An NFT scam investigation led Brooklyn’s District Attorney’s Office to uncover and shut down a network of 40 fake NFT marketplace websites, following a heartbreaking case in which an 85-year-old artist lost $135,000. The artist was targeted by a scammer posing as an art dealer on LinkedIn. The scammer convinced the victim to mint his […]
Mt. Gox Wallet Moves $2.8 Billion in Bitcoin
A wallet associated with Mt. Gox moved 27,871 Bitcoin, valued at $2.8 billion, late Wednesday evening, coinciding with Bitcoin’s historic rise above $100,000. Despite the significant transfer, the market remained stable, reflecting unprecedented resilience among traders. The transaction, tracked by blockchain analytics firm Arkham Intelligence, directed the funds to an unmarked address. Historically, movements from […]
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