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Former Celsius CEO Faces Potential 115-Year Sentence Amid Bankruptcy Case

Former Celsius CEO Faces Potential 115-Year Sentence Amid Bankruptcy Case

Former Celsius CEO Alex Mashinsky has requested the court to allow six witnesses to testify in the bankruptcy case involving the lending platform. The entrepreneur faces a potential prison sentence of up to 115 years, reports The Block. In July 2023, media outlets reported Mashinsky’s arrest. According to court documents reviewed by insiders, the SEC […]

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Trump Family Unveils World Liberty Financial Token Sale

Trump Family Unveils World Liberty Financial Token Sale

The Trump family officially launched their cryptocurrency project, World Liberty Financial, during a live broadcast on the X platform, announcing the upcoming WLFI token sale. The project had been mentioned over the past two months. Join me live from Mar-A-Lago at 8:00PM Eastern, tonight on X Spaces. Set a reminder and be sure to tune […]

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MicroStrategy to Issue $700 Million in Convertible Bonds for Bitcoin Acquisition

MicroStrategy to Issue $700 Million in Convertible Bonds for Bitcoin Acquisition

MicroStrategy plans to issue four-year senior unsecured convertible bonds worth $700 million for “acquiring additional bitcoins and funding general corporate purposes.” MicroStrategy Announces Proposed Private Offering of $700M of Convertible Senior Notes $MSTR https://t.co/OCq7wj2u0P — Michael Saylor⚡️ (@saylor) September 16, 2024 $500 million of the raised funds will be used to repay the remaining principal […]

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Insights on Whale and Bitcoin Trader Profits on Binance

Insights on Whale and Bitcoin Trader Profits on Binance

“Traders on Binance and new whales are actively buying, while old ones continue to hold,” noted on-chain analyst and CryptoQuant author known as IT Tech. He also discussed the investment profits in the leading cryptocurrency among various market participants.

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JPMorgan Predicts Slowdown in Bitcoin Hashrate Growth

JPMorgan Predicts Slowdown in Bitcoin Hashrate Growth

Since the beginning of September, the hashrate of the leading cryptocurrency has increased by 4%, returning to pre-halving peaks. However, miners’ revenues remain at historic lows. Analysts at JPMorgan highlighted this issue, as reported by CoinDesk. Bitcoin hashrate. Data: Blockchain.com. Experts also noted that the hashprice fell by 2% this month and by 50% since […]

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Ethereum Whale Begins Liquidating Part of 16,636 ETH Holdings

Ethereum Whale Begins Liquidating Part of 16,636 ETH Holdings

An investor who acquired 16,636 ETH in February 2016 for $87,135 has begun to partially realise profits. 一个在 2016 年 2 月以 $5.23 的单价从 @ShapeShift 接收到 16,636 枚 ETH 的远古鲸鱼，时隔 8 年半后开始出售这些 ETH。他在收到这些 ETH 后一直持有，直到 4 小时前将这 16,636 ETH ($39.62M) 转移到 0xe3e…566 地址，然后以 $2,340 的价格出售了 350 枚 ETH。他当时收到这 16,636 枚 ETH… pic.twitter.com/F0uljalb7l — 余烬 […]

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ChatGPT Initiates Conversation with User

ChatGPT Initiates Conversation with User

The ChatGPT bot has developed the ability to initiate conversations based on previous interactions. CEO Sam Altman plans to alter the startup’s corporate structure to attract funding with a valuation of $150 billion. The ChatGPT bot initiated a message to a user based on prior conversations, according to a Reddit user named SentuBill. Conversation between […]

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Experts Predict Imminent Bitcoin Bull Run

Experts Predict Imminent Bitcoin Bull Run

A Bitcoin bull market could commence within the next 22 days, based on historical cycles and current data. This conclusion was reached by WeRate co-founder Quinten François. The average #Bitcoin cycle:Starts 170 days after halving Peaks 480 days after halving We are currently 147 days after the $BTC halving pic.twitter.com/jINl8Y4usP — Quinten | 048.eth (@QuintenFrancois) […]

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Bank of Russia Highlights Risks of Cryptocurrency Transactions

Bank of Russia Highlights Risks of Cryptocurrency Transactions

The Bank of Russia views the widespread adoption of cryptocurrencies and stablecoins as a risk factor for the country’s domestic economy. This is outlined in the draft of the main directions for the development of the financial market until 2027. The regulator once again referred to digital currencies as “monetary surrogates” and emphasized that without […]

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Vitalik Buterin Highlights the Benefits of Solo Staking in Ethereum

Vitalik Buterin Highlights the Benefits of Solo Staking in Ethereum

Solo staking in Ethereum is crucial for the security and decentralisation of the second-largest cryptocurrency by market capitalisation, according to its co-founder, Vitalik Buterin, as reported by Cointelegraph. According to the expert, individual stakers form an uncoordinated and diverse group, reducing reliance on CEX. Even a small proportion of them can add an important decentralised […]

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No place for institutions: what bitcoin ETFs have really done for crypto

No place for institutions: what bitcoin ETFs have really done for crypto

After the approval of bitcoin ETFs in the US, many in crypto expected a flood of institutional money. Yet nine months on, the numbers suggest their presence has been minimal. Oleg Cash Coin examined what bitcoin ETFs have really contributed as an investment vehicle. The ETF myth The first exchange-traded funds based on bitcoin appeared […]

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Hopes for a 50 Basis Point Fed Rate Cut Revive Crypto Fund Inflows

Hopes for a 50 Basis Point Fed Rate Cut Revive Crypto Fund Inflows

Inflows into cryptocurrency investment funds amounted to $436 million from September 8 to 14, following an outflow of $726 million the previous week, according to CoinShares. Data: CoinShares. Analysts attributed the reversal in dynamics to a sharp increase in expectations for a 50 basis point cut in the interest rate by the Fed. The likelihood […]

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