Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at $98K
Bitcoin long-term holders are speeding up likely profit-taking, as data shows their net BTC position dropping compared to a month ago.
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Standard Chartered forecasts ‘surprise’ Bitcoin downside after FTX collapse
Multinational bank Standard Chartered considers potential downside for Bitcoin in 2023 as the cryptocurrency ecosystem weathers the collapse of FTX. Own this piece of crypto history Collect this article as NFTThe value of Bitcoin (BTC) is being touted to drop as low as $5,000 in 2023 according to Standard’s Chartered global research head and chief…
Sun rises: Tron’s new memecoin deployer flips Pump.fun
Tron’s new memecoin deployer, Sun Pump, has just overtaken its rival, generating 59% more revenue than Pump.fun in the last 24 hours.
Standard Chartered Conducts First Blockchain Trade in Bangladesh
Bangladesh is now on the blockchain map. 1408 Total views 22 Total shares Standard Chartered PLC, a British multinational banking and financial services company headquartered in London, England, has successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain trade transaction, according to Newage on August 16. The Standard Chartered bank issued a Letter of Credit (LC)…
Unqualified investors can buy up to $8K of crypto, says Bank of Russia
Russia’s central bank wants to limit the amount of cryptos and digital rights acquired by non-professional investors. 1675 Total views 14 Total shares The central bank of Russia proposed to set limits on annual cryptocurrency investments by non-professional investors.The Bank of Russia suggested that unqualified investors in Russia should not be allowed to invest more…
Futureverse co-founders launch $50M venture fund
The AI metaverse company raised $54 million in a Series A round in July. 52 Total views 1 Total shares Shara Senderoff and Aaron McDonald, co-founders of AI and metaverse company Futurverse, have launched a new $50 million venture fund and studio.According to the Aug. 3 announcement, the fund is dubbed "Born Ready" and will…
Why cryptocurrency is booming in India despite national ban fears
India has been the subject of intense speculation regarding the future legal status of Bitcoin (BTC) and other cryptocurrencies in recent months.Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg that a nationwide blanket ban on cryptocurrency was imminent and that holders would be given a matter of months to dispense…
Newsweek’s positive coverage of Bitcoin underscores paradigm shift in public perception
The publication explores whether Bitcoin will become the new gold standard. 2998 Total views 10 Total shares Newsweek, one of the largest American weekly news magazines, has taken a positive spin on Bitcoin (BTC) in a recent article that explores whether the digital asset can become the new gold standard. The article, which appeared on Wednesday,…
New book reveals Binance CEO CZ rejected SBF’s $40M request for futures exchange
Michael Lewis’s new book “Going Infinite” reveals that CZ and SBF had different goals when the first collaborative business opportunity arose in 2019. 514 Total views 3 Total shares Binance CEO Changpeng “CZ” Zhao reportedly declined to pay $40 million to former FTX CEO Sam Bankman-Fried (SBF) for a futures crypto exchange in March 2019