Changpeng Zhao, the visionary behind Binance, has set his sights on investing in data centers that specialize in artificial intelligence (AI). Despite facing potential legal ramifications for alleged involvement in money-laundering activities on his exchange, Zhao has been actively engaged…
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USDC Overtakes USDT in Transaction Volume Based on Visa Data
Circle Internet Financial’s stablecoin, USDC, has experienced a significant rise in transaction volume this year, surpassing Tether’s stablecoin, USDT, to become the market leader. According to data compiled by Visa Inc. in collaboration with Allium Labs, USDC’s growing dominance reflects…
Terraform Labs Seeks Penalty Reduction in SEC Fraud Case After $5.3 Billion Fine Proposal
Lawyers representing Terraform Labs and its co-founder, Do Kwon, have requested a reduced penalty following their clients’ recent conviction for fraud. They argue that a fine closer to $1 million is more appropriate than the $5.3 billion proposed by the…
Ethereum Could Outperform Bitcoin in the New Bull Run – Experts Predict $10,000 for ETH
Ethereum is coming from a bad period, with its price going below $3,000 due to Bitcoin’s price crash. Nevertheless, there’s optimism that ETH will bounce back and even go as much as outperforming Bitcoin. In this article, we will explore…
Cathie Wood’s Ark Invest Buys More Palantir Meta and This Buffett-Backed EV Amid Market Moves
Nic Chahine, an exceptional trader, has achieved outstanding results through his unique approach of buying options rather than selling covered calls or spreads. Unlike most traders who struggle to maintain a winning percentage above 27% when buying options, Chahine boasts…
Tether Holdings invests $200 million in Blackrock Neurotech, a leader in brain-computer interface (BCI) technology.
Tether Holdings Ltd., the leading issuer of stablecoin, has recently announced a significant investment of $200 million in Blackrock Neurotech. This investment marks Tether’s foray into the world of startup investing, leveraging its surplus earnings from a substantial portfolio of…
Bitcoin Life Insurance: Secure Your Future in the Crypto Era Says Zac Townsend – Do You Dare Bet Against Bitcoin?
In a world where having enough money and planning are really important, there’s this new thing happening: Bitcoin is getting mixed up with life insurance. Zac Townsend is one of the first people to try this out. So, he says…
Bitcoin Halving 2024: Adam Sullivan on Mining’s Big Year! How Will It Impact Prices and Miners’ Strategies?
Bitcoin halving occurs every four years. The latest one took place last Friday, so Adam Sullivan, CEO of Core Scientific, took to the stage to explain what might happen post-halving. This event was highly anticipated due to its huge impact…
Stripe Brings Back Crypto Payments with Stablecoins Offering Enhanced Speed and Stability
Stripe Inc., the renowned payments processing company, is making headlines in the world of cryptocurrency by reintroducing crypto payments on its platform. This move allows merchants using Stripe’s platform to accept stablecoins for online transactions, bringing a new level of…
Global Crypto Funds See Investor Interest Wane with $206 Million in Recent Outflows
In recent weeks, global crypto funds have experienced a decline in investor interest, leading to significant outflows. Investor concerns regarding the future of interest rates have played a crucial role in shaping this trend. CoinShares International Ltd., in its latest…