Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion. Read More at https://cointelegraph.com/news/bitcoin-hits-70-k-after-etfs-notch-six-day-inflow-streak?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Republican seeking to unseat Sherrod Brown said he sold all his Bitcoin
The Defend American Jobs political action committee has spent more than $40 million on media buys supporting businessman Bernie Moreno’s Senate run. Read More at https://cointelegraph.com/news/bernie-moreno-ohio-senate-race-sherrod-brown-sold-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase to sponsor NBA team in aftermath of FTX collapse
FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded. Read More at https://cointelegraph.com/news/coinbase-nba-warriors-sponsorship-ftx?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Election betting market Kalshi to take USDC deposits
Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead. Read More at https://cointelegraph.com/news/kalshi-betting-platform-usdc-deposits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nigeria frees Binance exec, Ripple appeals SEC XRP ruling: Law Decoded
The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains. Read More at https://cointelegraph.com/news/nigeria-frees-binance-exec-ripple-appeals-sec-xrp-ruling-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Weekly digital asset inflows reach $901M, totaling $27B in 2024
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment. Read More at https://cointelegraph.com/news/digital-asset-inflows-reach-901-million-totaling-27-billion-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin chases $70K as global tensions ease and crypto traders long the US elections
Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election. Read More at https://cointelegraph.com/news/bitcoin-chases-70-k-as-global-tensions-ease-and-crypto-traders-long-the-us-elections?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin in bullish setup ahead of election: VanEck
The investment manager’s long-term model puts BTC’s price at roughly $3 million by 2050. Read More at https://cointelegraph.com/news/bitcoin-bullish-setup-ahead-election-vaneck?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
HKMA Project Ensemble partners with Brazil, Thailand for tokenization
The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating. Read More at https://cointelegraph.com/news/hkma-global-tokenization-brazil-thailand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
How Michael Saylor uses the time value of money to combat fiat devaluation
Michael Saylor combats fiat devaluation by investing in Bitcoin, leveraging its deflationary nature and long-term growth potential, while cash loses value due to inflation. Read More at https://cointelegraph.com/explained/how-michael-saylor-uses-the-time-value-of-money-to-combat-fiat-devaluation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound