Nearly all of Tesla’s Bitcoin is on the move after two years of inactivity. Wallets associated with Elon Musk’s electric car company, as labeled by Arkham Intelligence, moved approximately $765 million worth of Bitcoin—all but about $6 worth—to unknown wallets on Tuesday. The wallets appear to be new and are …
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Bitcoin’s latest rally indicates investors primed for surge toward $80K before elections – Bitwise CIO
by Gino Matosby Gino MatosThe sharp rally in crypto markets on Oct. 14, partially catalyzed by Vice President Kamala Harris unveiled a “smart regulatory framework” for digital assets, reflects a deep well of investor enthusiasm, according to Bitwise CIO Matt Hougan. Bitcoin (BTC) rose over 5% on Oct. 14, while Ethereum (ETH) surged over …
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Grayscale Investments wants to convert its current Digital Large Cap Fund—which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Avalanche (AVAX)—into an exchange-traded fund (ETF). The New York Stock Exchange made the request to the U.S. Securities and Exchange Commission (SEC) on behalf of Grayscale, The Wall Street Journal …
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As the Securities and Exchange Commission (SEC) prepares to appeal a federal judge’s decision involving XRP, the agency is setting itself up for yet another high-profile failure, according to Ripple Labs’ Chief Legal Officer, Stuart Alderoty. “It will backfire on the SEC,” he told Decrypt in an interview. “I felt …
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Crypto exchange Kraken announced its successful integration with EigenLayer, enabling its users to restake Ethereum (ETH) directly from the platform, according to an Oct. 15 press release. The partnership aims to simplify restaking, making it more accessible to a broader range of users. Access to the service is currently limited …
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These movements come as the US election day, set for November 5, approaches, adding uncertainty to the performance of these politically linked tokens. PEOPLE currently trades at $0.08, registering a 2% drop over the past 24 hours. During that period, its trading volume has surged by 17%. A price drop …
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BlackRock CEO Larry Fink Declares Bitcoin an Asset Class Comparable to Gold
by Wayne Jonesby Wayne JonesBlackRock CEO Larry Fink said Bitcoin (BTC) is an asset class, comparing its investment potential to that of gold. In a recent earnings call, Fink emphasized that the world’s largest asset manager now views Bitcoin as an alternative to traditional commodities. Bitcoin Is an Asset Class “We believe Bitcoin is …
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Trump family-backed WLFI token pre-sale resumes after website outage, $7.9 million raised so far
by Assad Jafriby Assad JafriWorld Liberty Financial (WLFI) has restored its website after hours of downtime caused by a surge of traffic during the initial hours of its highly anticipated token pre-sale. The Trump-family DeFi platform, which launched the pre-sale of its WLFI tokens earlier today, experienced an overwhelming number of visitors, which led …