Dave Portnoy: “I’ll Buy $10 Million in BTC If Bitcoin Falls to $40,000”

Cryptocurrency News

The founder of the digital media company Barstool Sports, Dave Portnoy, announced to his followers on the social network X that he intends to buy bitcoins worth up to $10 million with the company’s money. But only if the rate of the first cryptocurrency falls to $40,000. Dave Portnoy wrote that he already owns the first cryptocurrency, but the current price range of Bitcoin – above $60,000 – is not entirely suitable for additional purchases…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Hackers hacked Metallica’s account to promote METAL tokens

Cryptocurrency News

Hackers hacked the account of the American rock band Metallica on the social network X in order to advertise their METAL token on the Solana blockchain. The scammers managed to earn $3 million. In the first tweet posted on behalf of Metallica, the attackers announced that the METAL token will improve fan interaction with the music group. Subscribers were told that the METAL developers are collaborating with the Ticketmaster service, so investors have access to…

Reuters: SEC may approve Ether ETF before July 4

Cryptocurrency News

Reuters, citing its own sources, reports that negotiations between the SEC and asset managers have reached the final stage, and the regulator may approve ETH-ETF before July 4, 2024. According to Reuters, the process of making changes to the documents for the placement of ETFs on air has advanced to the stage of resolving minor comments. Lawyers for companies that have submitted applications for ETH-ETF are confident that there is no more than a week…

Ki Yoon Joo: “Bitcoin whales and miners are selling their assets”

Cryptocurrency News

Investment firm CryptoQuant CEO Ki Yoon Joo said Bitcoin whales and miners have reduced their positions through over-the-counter platforms by $1.2 billion over the past two weeks. According to the analyst, over the same period of time, the outflow of funds from spot Bitcoin ETFs exceeded $460 million. Ki Young Ju believes that miners may switch from mining Bitcoin to participating in projects related to artificial intelligence, which will lead to significant sales of their…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

CertiK: We are related to the scandal with the theft of $3 million from the Kraken exchange

Cryptocurrency News

Crypto security experts at CertiK admitted that they were the same white hat hackers who found a vulnerability in the American exchange Kraken and were accused of stealing $3 million worth of crypto assets. On Wednesday, June 19, Kraken security director Nick Percoco reported that a group of undisclosed anonymous white hat hackers illegally took possession of approximately $3 million worth of digital assets. According to Nick Percoco, attempts by the Kraken administration convincing the…

MicroStrategy increased its bitcoin reserves by $786 million

Cryptocurrency News

US software company MicroStrategy, one of the largest publicly known Bitcoin holders in the world, has notified the US Securities and Exchange Commission that it has acquired an additional 11,931 BTC. MicroStrategy filed  a Form 8 report with the SEC on its $786 million acquisition of Bitcoin assets on Thursday, June 20. In total, from April 27 to June 19, the company purchased BTC at an average price of $65,883 per coin. MicroStrategy founder Michael…

The US Congress is going to abolish the rule of 100% reserve of crypto assets on the balance sheet of banks

Cryptocurrency News

The US Senate has overwhelmingly passed a bill repealing the Securities and Exchange Commission’s SAB 121, which would have prevented US banks from acting as custodians of their clients’ digital assets. In 2022, the Securities and Exchange Commission (SEC) amended SAB 121 to require financial institutions that provide custody services for cryptocurrencies to maintain a 100% loss reserve. The SEC has required banks to account for this type of asset as a liability to customers.…

CedarFX - Trade with the First Eco-Conscious Broker

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency News

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…