Tag: News

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Bitcoin Price Prediction as Billionaire Michael Saylor Announces New $600 Million BTC Purchase – Time to Buy?

December 28, 2023

In a recent development that’s invigorating the cryptocurrency market, Bitcoin (BTC) has experienced a resurgence, now hovering around the $43,000 mark. This comes after a momentary dip below $42,000, with the digital currency currently trading near $42,300. The global cryptocurrency market cap reflects this positive momentum, showing a 24-hour gain of 3.20%, and now stands at…
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South Korean Biz Exec Bailed as ‘Bithumb Market Manipulation’ Probe Continues

December 28, 2023

Source: Global Image Archive/Adobe A South Korean court has released a media mogul and business executive on bail as a probe into market manipulation and insider trading at the crypto exchange Bithumb continues. The executive, Won Young-sik, is the former CEO of Chorokbaem Group, the parent firm of Chorokbaem Media. The latter is one of…
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Nobel Prize Winner Robert Shiller Warns Confiscating $300B in Russian Assets Might Cause a ‘Cataclysm’ for the Dollar System

December 27, 2023

Nobel Prize winning economist Robert Shiller has warned against the effects that the confiscation of Russian assets in Western countries might have on the stability of the dollar-dominated financial system. According to Shiller, a move of this kind might cause a cataclysm, opening the doors for countries that use the dollar as a reserve currency…
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Elon Musk: ‘I Don’t Spend a Lot of Time Thinking About Cryptocurrency’

December 27, 2023

Elon Musk, CEO of Tesla, Spacex, chairman of X, and the wealthiest man alive, has declared he doesn’t spend “a lot of time” thinking about cryptocurrency. In a recent X Space hosted by Cathie Wood, CEO of Ark Invest, the self-proclaimed “Dogefather” stated he had more interest in the concept of money and the elements…
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Worldcoin Launches Minecraft Integration for ID Verification Purposes

December 27, 2023

Worldcoin, the biometric ID and digital wallet project, will now allow Minecraft server integration through one of its apps. A plugin called Luckperms, a Minecraft server mod, lets server admins tackle the bot problem by only giving access to the server to World ID-verified users. Minecraft to Integrate Worldcoin for ID Verification Purposes Worldcoin, the…
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Metis (METIS) Token Surges 50% Following Announced Grant, Attracting Investor Interest

December 26, 2023

Source: iStock METIS, the native cryptocurrency of the layer 2 network Metis, experienced a surge of up to 50% in the past 24 hours, driven by the buzz surrounding a recently revealed grant that is making rounds in the crypto community. In mid-December, the MetisDAO Foundation, responsible for the development of the Metis network, announced…
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Barry Silbert Resigns as Chairman of Grayscale Investments

December 26, 2023

Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing for Grayscale’s Next Chapter Barry Silbert, the founder and CEO of…
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MS Wallet Drainer Has Siphoned Over $58 Million Using Google and X Phishing Ads

December 26, 2023

A recent report from Scam Sniffer, an anti-scam solution, revealed that MS Wallet Drainer, a cryptocurrency malware tool, has managed to siphon over $58 million in crypto since March. The drainer uses Google search and X ads phishing links as a distribution vector and has affected over 63,000 victims as of December 21. MS…
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US-Approved Spot Bitcoin ETFs Could Surpass Entire $50 Billion Crypto ETP Market: BitMEX

December 26, 2023

Source: Pexels The global market for cryptocurrency exchange-traded products (ETPs) has reached a significant milestone, currently comprising approximately 150 products with a total value of $50.3 billion in assets under management, as reported by BitMEX research. According to the research, the potential approval of spot Bitcoin exchange-traded funds (ETFs) in the United States may significantly…
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Bitcoin Price Prediction: ETFs Boost BTC to $43,500, Japan Tax Reforms in Play

December 26, 2023

In a remarkable surge, Bitcoin has reached $43,499, marking a 0.71 percent increase on Tuesday. This notable ascent can be largely attributed to the burgeoning interest in Spot Bitcoin ETFs, which are poised to surpass the combined inflows of all 150 crypto ETPs currently in the market. Adding to the positive momentum, Japan’s Cabinet has…
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