Famous investor and author Robert Kiyosaki said on Monday that he was eagerly waiting to buy more Bitcoin after the asset’s price fell to $61,000 to start the day. But The Bitcoin Dip, Says Robert Kiyosaki The man behind the best-selling finance book Rich Dad Poor Dad asserted that selling in times of market turmoil...Read More
Metaplanet Inc., a Japanese investment firm, announced on Monday that its board of directors decided to purchase Bitcoin worth about $6.26 million (1 billion Yen) using capital raised through a round of bond issuance. This announcement caused a sharp spike of 12% in the price of Metaplanet’s stock, indicating community approvals of these purchases. More...Read More
Today, the cryptocurrency market faced a lot of selling, causing the price of Bitcoin to fall sharply below important support levels and head toward a low of $59,000. This drop was triggered by an announcement from Mt. Gox about starting repayments, which led to fears of more selling. At the same time, the price of...Read More
Football legend Ronaldinho Gaúcho has hinted at a return to the cryptocurrency scene. On June 23, he posted on X, declaring it was time for the asset class to “go mainstream” and urged his followers to join him. However, this announcement has not been met with enthusiasm. Instead, it caused criticism and skepticism from the...Read More
[PRESS RELEASE – Dubai, UAE, June 24th, 2024 BitDoge a new meme coin hosted on the Bitcoin network, has launched its presale, introducing a unique concept by integrating play-to-earn (P2E) mechanics with a Bitcoin-based narrative to engage both gamers and crypto enthusiasts. The BitDoge presale is now live and accessible to the public: https://bitdoge.io/BdjPW0DhkD Key...Read More
[PRESS RELEASE – Newport Beach, California, United States, June 24th, 2024] BioMatrix.ai, a pioneering force in the world of wealth distribution, is proud to announce the launch of Proof of You (PoY) AI Tokens the world’s first free-for-life AI tokens. This groundbreaking initiative seeks to democratize access to digital assets, striving to make Universal Basic...Read More
Digital asset investment products experienced a second consecutive week of outflows shedding $1.2 billion which amounted to $584 million. According to CoinShares, this could potentially be a result of the pessimism amongst investors regarding potential Fed interest rate cuts this year. Altcoins See Inflows Amid Market Weakness Bitcoin bore the brunt and remained the primary...Read More
On Monday, June 24, Tether, the issuer of the popular stablecoin USDT, announced its decision to halt the minting of USDT on the Algorand and EOS blockchain networks. The company cited plans to concentrate on blockchains with expanding communities as the reason for this change. Although new token issuance has ceased, Tether assured that token...Read More
Bitcoin’s ongoing correction could be nearing its end and the market could experience a rally in the coming weeks, judging by pseudonymous cryptocurrency trader Teddy’s analysis. According to their tweet, if history repeats itself, bitcoin’s bottom for this correction could be in the $61,000 range. Bitcoin to Bottom at $61K Teddy explained that every correction...Read More
[PRESS RELEASE – Singapore, Singapore, June 24th, 2024] In an industry where traditional barriers often exclude the average investor from high-value assets, iRA Blocks emerges as a game-changer, leveraging blockchain to bring real-world assets within reach of the masses. The financial industry has long been characterized by its exclusivity, particularly when it comes to investing...Read More
[PRESS RELEASE – Dubai, UAE, June 24th, 2024] Hermetic Labs, a consulting firm specializing in blockchain technology, announced its official launch under the leadership of Milana Valmont. The firm aims to assist individuals and organizations in navigating the complexities of the crypto space through education and tailored advisory services. Hermetic Labs will focus on delivering...Read More
This week, investors are focusing on key reports that could provide insights into the U.S. economy’s health and outlook. The most anticipated is the Personal Consumption Expenditures (PCE) report, which serves as the Federal Reserve’s preferred inflation gauge. There are also reports on consumer sentiment and inflation expectations data that could rattle markets. Economic Events...Read More
In an important development, the defunct crypto exchange Mt. Gox announced it will begin repaying creditors in Bitcoin and Bitcoin Cash starting next week. This repayment marks a crucial step towards resolving claims from its 2014 collapse. Mt. Gox Repayment Process: An Overview Mt. Gox will initiate repayment in July 2024, focusing on creditors who...Read More
On June 24, the Mt. Gox rehabilitation trustee issued a letter regarding repayments to creditors commencing at the beginning of July 2024. “The Rehabilitation Trustee has been preparing to make repayments in Bitcoin and Bitcoin Cash under the Rehabilitation Plan,” it stated. The move comes after extensive preparations to ensure safe and compliant repayments, it...Read More
On 28 June 2024 at 04:00:00 UTC, we will update our index weights at BitMEX. From today, the hypothetical values of indices with their new weights will be published as the “NEXT” index family (e.g. .BXBT_NEXT). As of 28 June 2024 at 04:00:00 UTC, assuming no constituent exchanges have been excluded – and due to...Read More
HashKey Group, a leading end-to-end digital asset financial services group in Asia, announced the upcoming public community airdrop and listing of its new native token, HSK, which is set to be unveiled in Q3 2024. The statement notes that the new HashKey native token HSK will earn applications within the entire HashKey group ecosystem and...Read More
