Grayscale GBTC's outflows linked to Genesis' bankruptcy proceedings: Arkham Intelligence – Crypto Briefing
Share this article Grayscale Bitcoin Trust (GBTC) has been facing a wave of declines in recent weeks.According to Arkham Intelligence, this fire sale is likely related to Genesis’ bankruptcy. Procedures to be carried out to resolve obligations with victims of the Gemini Earn program. Arkham Intelligence noted that Genesis has redeemed more than 32,000 Bitcoin […]
Terraform founder Do Kwon found liable in SEC’s crypto fraud trial
A Manhattan jury on Friday found Singapore-based Terraform Labs and its founder Do Kwon liable on civil fraud charges, as stablecoins’ 2022 collapse shocks crypto markets. agreed with the Securities and Exchange Commission’s opinion that the company misled investors before giving the deal. The jury returned its verdict in federal court after a two-week trial […]
NFTs aren’t totally dead as crypto ‘Goblins’ swarm to NYC this week
A few investors claim the notoriously battered NFT sector is showing new signs after a dramatic decline. And this week, hordes of so-called crypto “goblins” are flocking to events across New York City to promote the non-fungible token. NFT.NYC, which begins Tuesday at the Javits Center and ends Friday, will feature more than 800 speakers […]
3 Fresh Wallets Accumulate 183,989,266,898 Shiba Inu from Exchanges – The Crypto Basic
In the past two days, three new wallets have collected 183,989,266,898 Shiba Inu from prominent trading platforms Binance and Coinbase. Cryptocurrency monitoring by update, SHIB tokens were moved from an exchange to a new wallet in the past day. Data Nerd estimated the value of Shiba Inu tokens to be approximately $4.9 million. 184 billion […]
'We're not believers': Goldman Sachs doubles down on crypto skepticism despite Wall Street embracing Bitcoin ETFs – Fortune
Sharmin Mossavar Rahmani, chief investment officer at Goldman Sachs Wealth Management, said: wall street journal In an interview this week, she said that despite the recent hype around Bitcoin ETFs, her company doesn’t buy into them. “We don’t believe in cryptocurrencies,” she said. “We don’t think of it as an investment asset class.” “How can […]
FedNow Reportedly Processed XRP Transaction Sent to US Bank Account – The Crypto Basic
A pseudonymous XRP community member “Crypto Value Hunter” recently suggested that FedNow processed XRP funds transferred from the Uphold crypto platform to his bank account. A member of the XRP community made this clear in a post on X. The crypto value hunter revealed that he withdrew funds from his XRP Uphold account to the […]
Wyoming crypto bank not backing down in fight to access Federal Reserve
Unicoin founder Moe Vela says cryptocurrencies are still the “future” of the market despite the fall of Sam Bankman Fried. Custodia Bank, a Wyoming cryptocurrency bank locked in a legal battle with the Federal Reserve for nearly two years, appeals a district judge’s decision to deny it access to the Fed’s banking facilities. FOX Business […]
12 Altcoins Like XRP, Shiba Inu with 1000% Potential: Technical Analyst – The Crypto Basic
Technical analyst JD has identified 12 cryptocurrencies, including XRP and Shiba Inu, that he believes could rise up to 1,000% in this bull market. In a recent post on X, analyst JD revealed that he has been repeatedly sharing innovative cryptocurrency recommendations with the community for some time. He highlighted that on the specific coins […]
Buy Shiba Inu, Early Bitcoin Adopter Reaffirms Recommendation – The Crypto Basic
DaVinci Jeremy, a Bitcoin supporter since 2011, urged crypto market participants to consider Shiba Inu in their investment portfolios. Jeremy made this call in a recent post about X. There, he asked crypto enthusiasts for their opinions on investing in Shiba Inu for long-term profits. jeremy answered in the affirmative. yes. https://t.co/C3Wj5De5Xa — Davinci Jeremy […]
Will Investors Dump Pepe For New Cryptos Like Myro And Raboo? – The Crypto Basic
As the cryptocurrency market continues to evolve, investors are faced with the attractive prospect of exploring new opportunities beyond established tokens like Pepe. Raboo’s entry-level token has a pre-sale price of $0.003 and is predicted to skyrocket 100x by 2024, along with its influence on the $62 billion meme market, leading investors to shift their […]