April 29, 2021

Grow Up or Blow Up

(Any views expressed in the below are the personal views of the author and should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions.) Being right is great, but the true trading legends are right and then continue holding their positions until they...
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US Authorities Arrested Bitcoin Fog’s Operator for Laundering $336M in BTC

The Federal Service in the USA arrested a Russian-Swedish citizen Roman Sterlingov on suspicion of laundering nearly $336M in bitcoin for the last 10 years. The criminal will appear in court and face three charges – money laundering, money laundering without authorization, and unlicensed money transmission. The Fraud Over The Last 10 Years According to...
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Tom Brady Football Card Sold For $1.7 Million in Litecoin

An anonymous buyer purchased a signed football card of Tom Brady for about $1.68M worth of LTC at an auction presented by Goldin Auctions. The company revealed that this is the most expensive item to be paid in cryptocurrency since it started accepting such payments. LTC in Exchange for a Football Card Cryptocurrencies have intertwined...
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Visa Deepens Crypto Foray, Stating They See Bitcoin as Digital Gold

During Visa’s Q2 2021 earnings call, the company showed interest in fully integrating a cryptocurrency payment system into its current infrastructure, with several interesting elements that would push the boundaries of the bridge between legacy finance and the crypto world as we know it. Most notably, Visa’s CEO Alfred Kelly stated that the company viewed...
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Ethereum Will Never Surpass Bitcoin, Says Mr. Wanderful

Despite Ethereum’s increasing price, the Canadian TV personality and well-known investor Kevin O’Leary predicted ”it’s always going to be N.2” to Bitcoin. Mr. Wanderful also opined that the first-ever cryptocurrency will serve as gold, while ETH will be silver. Ethereum’s Rally vs. O’Leary’s Forecast The second-largest cryptocurrency has been blooming recently. Its price reached an...
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DeFi Protocol Jigstack Raises $3 Million in Private and Public Funding Rounds

Jigstack, a DeFi project aiming to govern high-quality revenue-generating network solutions on Ethereum, has successfully raised $3 million in private and public funding rounds. The protocol plans to utilize the funds to build the DAO of the decentralized finance sphere. Jigstack Raises $3M in Funding Rounds Describing itself as the “missing piece of DeFi,” Jigstack...
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Ripple Still Plans to Go Public After the SEC Lawsuit, Asserts SBI Group’s CEO

Should Ripple prevail in its ongoing legal battle against the SEC, the payment processor will join the trend of crypto-related companies going public, said the CEO of SBI Group – one of the largest shareholders in the firm.   During an earnings presentation call, SBI Group’s CEO, Yoshitaka Kitao, spoke about the relationship between the entity...
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JPMorgan Gives 3 Reasons Why Ethereum is Outperforming Bitcoin

In a note to investors on April 27, analysts at U.S. banking giant JPMorgan appear to have turned extremely bullish on Ethereum, noting that it has beaten its big brother in terms of gains this year. In April so far, Ethereum has made 45% to current levels whereas Bitcoin, which has seen market dominance slump...
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Binance Stock Tokens Could Violate Securities Laws, German Regulator Says

Germany’s Financial Supervisory Authority is investigating Binance for its offering of tokenized shares and is already holding a preliminary opinion that doesn’t look too encouraging for the world’s leading crypto exchange. According to a legal opinion published on its official website, the Bundesanstalt für Finanzdienstleistungsaufsicht —or simply BaFin— considers that Binance would be violating securities...
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Bitcoin (BTC) $ 97,588.15 3.24%
Ethereum (ETH) $ 3,347.44 7.51%
Tether (USDT) $ 1.00 0.09%
Solana (SOL) $ 245.93 3.13%
BNB (BNB) $ 624.69 1.12%
XRP (XRP) $ 1.13 0.48%
Dogecoin (DOGE) $ 0.388488 0.33%
USDC (USDC) $ 1.00 0.00%
Lido Staked Ether (STETH) $ 3,347.13 7.37%
Cardano (ADA) $ 0.79843 4.04%