Eclipse founder Neel Somani replaced as CEO amid sexual misconduct claims
Eclipse’s chief growth officer Vijay Chetty was named CEO “effectively immediately” with the firm announcing that Neel Somani was departing.
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Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before…

When levees break, liquidity flows — Analyzing Ethereum Shapella and liquidity staking derivatives
The Ethereum network’s planned Shanghai hard fork is nearly here. Planned for April 12, this is the first major upgrade since The Merge in September 2022. The “Shapella” upgrade (a combination of the two major proposals Shanghai and Capella), includes EIP-4895 which enables validators to withdraw staked ETH from the Beacon chain (Consensus layer) to…

Bitcoin price is sideways, silver hits a 7-year high and XRP’s rally pops
Bitcoin (BTC) price spent the day trading in a tight range between $32,000 and $34,000. At the time of writing, the digital asset is pinned below the descending trendline resistance and each attempt to cross above it is met by selling. Data from Cointelegraph Markets and TradingView show a price increase of 4.14% for the top…

Morgan Stanley encourages investors to buy battered El Salvador Eurobonds
The banking giant estimated that El Salvador wouldn’t face any issues with its debt payment for another year, despite the crisis it's facing currently. 207 Total views 17 Total shares The Bitcoin (BTC) bet has somewhat backfired for the small nation as the top cryptocurrency trade at a 70% discount from its top. At a…

Twitter CEO Jack Dorsey reiterates a positive outlook on Bitcoin tipping during earnings call
Dorsey suggested that the new initiative is incentivizing content creation and cryptocurrency adoption alike. 2075 Total views 22 Total shares Back in September, Twitter became the first major social media platform to adopt Bitcoin (BTC) tipping, enabling users to send BTC directly to their favorite content creators through the site’s native frontend. The company also…

US Treasury says it must ‘modernize and adapt’ to digital currencies
"Digital assets and payments systems could harm the efficacy of our sanctions” if left unchecked, the Treasury said. 720 Total views 64 Total shares The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies in regards to digital assets.In an…

Former Blade of God X exec claims game ‘abandoned’ Web3
A former executive accused Blade of God X’s Web2 team of claiming cash prizes supposedly allocated to players. A former executive of the Web3 game Blade of God X (BOGX) has accused the project of abandoning its blockchain-based roadmap after raising funds through the crypto space. On April 1, BOGX’s former chief marketing officer Amber

Major Hong Kong Property Firm to Seek Regulatory Approval for Tokenized Real Estate
Family-owned property firm Stan Group — which represents the assets of “shop king” real estate scion Tang Shing-bor — is set to meet with Hong Kong’s securities watchdog in January 2020 to seek approval for the sale of tokenized real estate assets. Hong Kong English-language newspaper South China Morning Post (SCMP) reported the news on…