Michael Sonnenfeldt, Chairman of Tiger21, a global network of ultra-wealthy investors, has disclosed that the firm holds approximately $6 billion in cryptocurrency. He also stated that the network of high-net-worth investors remains bullish on Bitcoin. The Ultra-Wealthy Are Bullish on BTC “We have about 1% to 3% of $200 billion in assets, so about $6…
TL;DR The reassignment of Jorge Tenreiro and the resignation of SEC Chair Gary Gensler may signal a shift in regulatory approach, potentially leading to a faster and more favorable resolution in the Ripple lawsuit. Despite leadership changes, the SEC continues its legal fight against the company, recently filing an appeal and gaining support from Better…
[PRESS RELEASE – Mahe, Seychelles, February 5th, 2025] BitMEX, a longstanding cryptocurrency derivatives exchange, has introduced 20 new options contracts, expanding its offerings to include a wider range of altcoins. Traders now have access to options contracts for Litecoin (LTC), Sui (SUI), Chainlink (LINK), Aave (AAVE), and additional assets, providing more instruments for risk management…
TL;DR Analysts predict OM could reach $10 – $15, with some calling it the “king of RWAs.” Nonetheless, the asset’s RSI recently entered overbought territory, suggesting a potential short-term correction. OM’s Next Potential Targets The cryptocurrency market was severely affected at the start of the business week after US President Donald Trump imposed hefty tariffs…
TL;DR Pi Network now allows users to appeal name mismatches and enables minor phone number corrections to assist users in passing KYC verifications. Despite the constant delays and deadline extensions, the project surpassed 100M downloads, with South Korea, India, and other Asian countries emerging as strong community bases. Solutions for Struggling Users The controversial cryptocurrency…
The cryptocurrency market experienced a significant selloff following US President Donald Trump’s announcement of new tariffs on imports from Canada and Mexico, along with threats of increased duties on goods from the European Union. This triggered billions in liquidations, with Bitcoin briefly dropping below $92,000 while altcoins suffered even steeper declines. Although the market has…
The massive volatility caused by the US tariffs against a few countries continues to impact the crypto market, but this time in the opposite direction after a positive development on the US-Mexico front. Bitcoin’s price, which had tumbled to under $92,000 earlier today, exploded by several grand in less than an hour to almost $100,000….
[PRESS RELEASE – Kingstown, Saint Vincent and the Grenadines, February 3rd, 2025] The rise of artificial intelligence (AI) has led to notable advancements, with rapid advancements in AI models – such as Deepseek – driving innovation across industries, improving automation, decision-making, and predictive analytics. In parallel, Web3 continues to redefine ownership and finance through decentralization, making…
A new report by the on-chain analytics platform Nansen has disclosed that the crypto market appears satiated for now and is reacting more to negative sentiment than positive news. The report discussed U.S. President Donald Trump’s latest executive orders, the Federal Reserve, and the artificial intelligence (AI) saga making the rounds this week. The reaction…
Spanish law enforcement, in partnership with blockchain firms Tron, Tether, and TRM Labs, has frozen $26.4 million in cryptocurrency linked to a money laundering network operating across Europe. The operation was carried out by the T3 Financial Crime Unit, an initiative formed in August 2024 by the three companies to combat illicit financial activities. The…