Tether dominates with $113B post-SVB collapse — IntoTheBlock

Chinese cryptocurrency mining giant Canaan Creative has announced terms for its United States initial public offering (IPO) planned for later this month.On Nov. 13, Renaissance Capital reported that Bitcoin (BTC) mining giant Canaan Creative announced its plans to raise $100 million by offering 10 million American depositary shares (ADS) at a price range from $9…

Bitcoin (BTC) turned down sharply on April 21, maintaining its tight correlation with the U.S. equity markets, which reversed direction after U.S. Federal Reserve Chair Jerome Powell hinted that a 50 basis point rate hike was “on the table” in May. The selling has continued on April 22 as investors trim risky assets in expectation of…

JPMorgan expects Bitcoin (BTC) to reach $130,000, while Ark Invest anticipates the market valuation of BTC to surpass that of gold.The optimistic macro prediction from both funds revolves around the scarcity of Bitcoin, which has buoyed its popularity as a safe-haven asset.BTC/USD 1-day price chart (Binance). Source: TradingView.comWhy are both high-profile funds so optimistic in…

The billionaire investor also intimated that any political aspirations Gensler had would amount to nothing due to the SEC chairman’s stance against cryptocurrency

Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and a unique character in the crypto space. 2223 Total views 4 Total shares According to a Wednesday report from Spanish international news agency EFE, John McAfee has been found dead in his prison cell at the Brians 2 Penitentiary Center.Born in…

As of press time on Feb. 13, the Twitter account of the co-founder of Morgan Creek Digital and noted crypto personality Anthony Pompliano has been suspended.Pompliano, known to the crypto community as “Pomp,” is a noted supporter of cryptocurrency assets in general and Bitcoin in particular. Earlier this week, he predicted that BTC’s price was…

The company is facing a cash flow crisis due to tough market conditions. 322 Total views 3 Total shares According to a new filing with the U.S. Securities and Exchange Commission on Monday, Bitcoin (BTC) miner Iris Energy says it has received a default notice from mining rig manufacturer Bitmain Technologies.The notice alleged that Iris…

Thailand’s Customs Department intends to use IBM’s Tradelens blockchain solution to track shipping in Thai ports.According to an announcement published on Aug. 28 on the Thai Customs Department’s official website, the country plans to use Tradelens, a blockchain logistics system. Local news outlet Bangkok Post reported the next day that the platform is expected to…