Pantera Capital posts 66% gain for crypto fund last quarter, despite selling Bitcoin: Bloomberg – The Block
Market • April 6, 2024, 1:08 PM EDT issued 1 minute ago upon Pantera Capital, a $5.2 billion asset management firm that first focused on blockchain technology and digital assets, recorded a 66% return on its Liquid Token Fund in the first quarter of 2024. According to Bloomberg, the rally was led by Solana as […]
Market Analyst Unveils XRP Surge to $1,000 is Feasible – The Crypto Basic
Crypto market analyst BarriC detailed why he believes it is possible for XRP to soar to $1,000, despite the ambitious nature of the goal. Although XRP is still struggling below the $1 level, market watchers remain optimistic about its chances and expect the price to eventually surge towards its lofty goals. For example, analyst Charting […]
Shiba Inu Nears Critical Support, Eyes $0.000056 as Next Target – The Crypto Basic
Shiba Inu is attempting to retest the key support at $0.000025 and use this as a launching pad towards a 30-month high of $0.000056. The cryptocurrency market is still in a bearish phase, and Shiba Inu is one of the victims of its onslaught. SHIB has slumped 41% since the correction began, falling below key […]
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 […]