Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter. Point72, the renowned hedge fund with $34 billion in assets under management, has revealed its investment in the Fidelity Wise Origin Bitcoin Fund (FBTC). According to a recent filing, Point72 held $77.5 million worth of ...
The ICO for 2024’s new store of value [SOV] altcoin, Mollars (MOLLARS), is pushing quickly towards US$1,500,000. Today the project’s initial coin offering moved to 72%, leaving less than 28% of the tokens allocated for the presale available for purchase. What Is Mollars? The new altcoin is highly popular because it’s the answer to Bitcoin for Ethereum Blockchain’s 250-million ...
Bitcoin Price Prediction As Bitcoin hovers near the $67,000 mark, trading at $67,243.75 with a recent upswing of 1.41%, questions about its next milestone intensify. With a trading volume of $24.62 billion and a dominant market cap of $1.32 trillion, the prevailing sentiment is cautiously optimistic, stirring discussions on Bitcoin price predictions for an imminent new high. Bitcoin Price Prediction ...
Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The players donated a portion of their in-game coins to Durov as a gesture of gratitude for the messaging app that hosts the crypto game. The donated haul has now surged in value to millions ...
The crypto industry has made a record $94 million in political donations since 2023 in an effort to support pro-crypto governance. According to a May 17 Bloomberg report, crypto industry donors have contributed $94 million to federal political committees since 2023. This is more than the $83 million donated during the last 2020 election cycle. Most political donations come from ...
As the Floki (FLOKI) bulls eye a quick 50% rally from current levels around $0.00021 to yearly highs above $0.00031 after a key technical break, its holders are beginning to flock to a new crypto casino project called Mega Dice (DICE). FLOKI pushed to the north of an ascending triangle pattern this week and is back above its major moving ...
Bank of America (BAC) upgraded its rating on Coinbase (COIN) shares from underperform to neutral on Friday and raised its price target for Coinbase to $217 from $110, reflecting a positive outlook for the cryptocurrency exchange. Following the announcement, the COIN price rose 2.5% in the pre-market and is up 4.23% for the day. Bank of America Cites Favorable Market Conditions ...
In a major move, Turkey drafted a crypto bill, tabled by the ruling party (AK Party) Group Chairperson Abdullah Güler on May 16, to regulate the cryptocurrency market in accordance with international standards. The proposed legislation covers various aspects of the crypto industry, including virtual asset service providers (VASPs), trading platforms, asset storage, and transactions conducted by Turkish residents. Major ...
Hong Kong became the first region outside mainland China to allow users to open digital wallets and hold China’s CBDC e-CNY, otherwise known as the digital yuan on Friday. The Hong Kong Monetary Authority (HKMA), the city’s central bank, announced that permanent residents and foreign nationals living in Hong Kong can now open e-CNY wallets using their local mobile phone ...
Sam Trabucco, the co-CEO of Alameda Research, has spoken out in support of FTX executive Ryan Salame ahead of his sentencing on May 28, according to an updated May 14 court filing. In a character reference for the former FTX Digital Markets co-CEO, Trabucco described Salame as an “affable” and “complex” person who “doesn’t deserve to be defined by his ...