Leveraged MicroStrategy ETFs break $400M as ‘hot sauce arms race’ heat up
The ETFs add leverage to MicroStrategy’s already levered-up Bitcoin strategy, and investors can’t seem to get enough.
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Bitcoin price hits $15K as daily gains top 9% and Trump Vs. Biden goes on
Bitcoin price hits $15,300 and keeps climbing as a trading frenzy reminiscent of 2017 begins to unfold. 2161 Total views 27 Total shares Bitcoin (BTC) hit $15,000 on Nov. 5 as excitement over the U.S. election spilled over from macro markets. Data from Cointelegraph Markets and TradingView showed BTC/USD tackle the $15,000 barrier repeatedly throughout the…
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Dormant Bitcoin wallet moves $536M after over 5-year hiatus
The Bitcoin whale didn’t even send test transactions before moving their 8,000 Bitcoin.
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UK Financial Watchdog Warns Against Firm Claiming to be Authorized With FCA
The British financial regulator, the Financial Conduct Authority (FCA), has issued a warning against illegal crypto-related firm Next Coin Market, according to an official statement released on March 6.According to the FCA, Bulgaria-based Next Coin falsely claims to be authorized with the U.K. financial authority to offer cryptocurrency-related services to British residents.The FCA elaborated that…
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Coinbase Ventures backs Ethereum-based streaming network
Livepeer's $20 million Series B funding round saw participation from large VCs, including Coinbase Ventures, Coinfund, Northzone, 6th Man Ventures and Animal Ventures. This year has been foundational for the success of projects running on the Ethereum blockchain. Sharing the limelight is Livepeer, an Ethereum-based video streaming network that announced raising $20 million in a…
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Fake TRUMP and MELANIA tokens record $4.8M inflows in 24 hours
Copycat tokens claiming to be the official TRUMP and MELANIA coins recorded $4.8 million in purchases in 24 hours from 12,641 wallets.
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Lido’s market dominance and Ethereum decentralization post-Merge
After a successful third testnet merge, Sept. 19 was recently proposed as the tentative target date for the Ethereum Merge. Ethereum is set to fully transition from proof-of-work (PoW), the original consensus mechanism used by the Bitcoin network, to the more energy-efficient proof-of-stake (PoS) used by younger networks like Solana and Cardano.“The Merge won’t solve…
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TRON Announces MainNet Upgrade Designed to Enhance Security and Convenience
Odyssey, the mainnet for the blockchain-based platform TRON, will be upgraded to version 3.6 soon, according to an official blog post by the TRON Foundation on June 18.The TRON network aims to be a platform for creating entertainment-focused decentralized applications (DApps). As stated in the post, developers can create DApps on both the TRON protocol…
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OpenAI could lose $5B this year and run out of cash in 12 months: Report
The ChatGPT maker reportedly will spend some $7 billion on AI testing this year.