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dailyhodl.com
$3,000,000,000 Worth of Bitcoin (BTC) Forfeited to US Government By Former Silk Road Founder
Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any claim to over 69,000 BTC and undisclosed amounts of Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) worth a combined $3 billion as part of a settlement.
dailyhodl.com
Richest Bitcoin Whale Splurges $90,000,000 on BTC in Less Than a Month Amid Crypto Market Tumble
The richest non-exchange wallet is on a Bitcoin (BTC) accumulation spree despite the downturn in the crypto market. The wallet, which ranks third by the number of Bitcoin it holds behind two exchange wallets, bought approximately 3,015 BTC over the past three weeks. At the start of May, the richest...
dailyhodl.com
Crypto Exchange Giant Coinbase Announces Launch of New Crypto-Focused Think Tank
The leading US-based crypto exchange is announcing the launch of the Coinbase Institute, a new global think tank created to debate and advance the future of crypto and Web 3.0 protocols. According to a new Coinbase blog post, the think tank is launching with the purpose of bringing together academics,...
dailyhodl.com
Bitcoin, Ethereum, Dogecoin and Two Additional Altcoins Are the Most Decentralized Crypto Assets: Coin Bureau
A popular crypto analyst is naming the top five most decentralized cryptocurrencies. In a new video, Coin Bureau host Guy tells his 2.05 million subscribers that Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC) and Monero (XMR) are the most decentralized cryptos. “There are five layers of decentralization in cryptocurrency:...
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dailyhodl.com
One of 2022’s Most Explosive Altcoins May Be Gearing Up for 47% Rally, According to Analyst Michaël van de Poppe
Widely followed crypto trader Michaël van de Poppe says STEPN (GMT) could see a massive rally if Bitcoin (BTC) can maintain the $28,400 support range. The crypto analyst tells his 602,000 Twitter followers GMT could soon jump approximately 47% to the $1.80 level. “Might be a play on GMT...
electrek.co
Leaked Elon Musk text messages confirm what everyone knew about Tesla’s take-private deal
As part of a lawsuit between shareholders and Elon Musk regarding his “funding secured” tweet, new text messages and emails between Musk and people involved have been released. The communications pretty much confirmed how most people saw the situation: Elon Musk took a meeting with the head of...
inputmag.com
Elon Musk buys Twitter, opens Seventh Seal of the Apocalypse
Elon Musk, the world’s wealthiest man, who thinks tunnels are immune to natural disasters, is purchasing Twitter. The company confirmed on Monday afternoon that it had accepted the billionaire’s offer. “Twitter, Inc. today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion,” reads the official press release. “Upon completion of the transaction, Twitter will become a privately held company.”
dailyhodl.com
Rich Dad Poor Dad Author Warns Bitcoin (BTC) Could Test New Epic Lows – Here Are His Targets
Rich Dad Poor Dad author Robert Kiyosaki says he is long-term bullish on Bitcoin (BTC) but says BTC could drop a lot lower before carving a bottom. The widely followed investor tells his 1.9 million Twitter followers why he believes in the long-term potential of Bitcoin even if BTC drops nearly 70% from current levels.
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Inc.com
Jeff Bezos Just Took a Shot at Elon Musk on Twitter. It Did Not Go Well
Jeff Bezos, the founder and former CEO of Amazon, and Elon Musk, the CEO of Tesla and soon-to-be owner of Twitter, don't strike me as best buds. The two men have competed over the past few years for the title of the world's richest man, a title Musk holds. They also sort of compete in space, with Bezos' Blue Origin competing against Musk's SpaceX.
Twitter Founder Jack Dorsey Breaks Silence on Musk Takeover: 'I Trust His Mission to Extend the Light of Consciousness'
Dorsey, who was CEO of the company until November 2021, took to the platform to pen his thoughts on the new changes.
dailyhodl.com
Top Crypto Analyst Says Historically Accurate Metric Signals Bitcoin (BTC) Bottom Could Be Near
A widely followed crypto strategist is looking at one crucial metric with a history of accurately calling Bitcoin (BTC) bottoms. Pseudonymous trader Rekt Capital tells his 303,000 Twitter followers that BTC’s Relative Strength Index (RSI) is reaching a level that historically signals a bounce could be on the horizon for the top crypto asset by market cap.
dailyhodl.com
Popular Crypto Trader Remains Optimistic About One DeFi Altcoin As Bitcoin (BTC) Pulls the Market Down
A popular crypto trader is staying optimistic about one decentralized finance (DeFi) altcoin despite the market’s overall price downtick. Pseudonymous analyst Credible tells his 332,400 Twitter followers he’s still buying Curve DAO Token (CRV), the governance token for Curve Finance, a decentralized exchange for stablecoins. “Way down on...
dailyhodl.com
One Metric Indicates Bitcoin (BTC) Could Crash by Over 50% As Macro Environment Worsens, Says CryptoQuant CEO
The CEO of leading on-chain analytics firm CryptoQuant says one metric is flashing a massive red flag for Bitcoin (BTC) bulls. Ki Young Ju tells his 292,600 Twitter followers that historical data shows Bitcoin could plummet all the way down to $14,000. “So here’s hopium for bears. If BTC...
dailyhodl.com
Crypto Analyst Predicts ‘Brutal’ Bitcoin (BTC) Rally Catches Bears off Guard – Here’s His Target
A closely followed crypto strategist is unveiling his next price target for Bitcoin (BTC) that will massively defy BTC’s current downtrend. Pseudonymous analyst Credible tells his 332,300 Twitter followers that one day he will be bearish on Bitcoin, but not until it roars past the $100,000 level to complete an extended bull cycle.
dailyhodl.com
Billionaire Mike Novogratz Speaks Out on Terra (LUNA) Collapse, Says This Is What Caused $40,000,000,000 Wipeout
Galaxy Digital CEO Mike Novogratz is breaking his silence more than a week after Terra (LUNA) collapsed wiping out billions of dollars. Novogratz says that the tightening of monetary policy by central banks contributed to the collapse of Terra (LUNA), a blockchain protocol focused on issuing algorithmic stablecoins. “This macro...
dailyhodl.com
Institutional Investors Are Now Dominating Bitcoin (BTC) Market, According to CryptoQuant CEO
The CEO of an on-chain insights platform says institutional investors are dominating Bitcoin (BTC) trading. Ki Young Ju of CryptoQuant notes that 76% of the trading volume at Coinbase came from institutional investors in the first quarter of 2022. Explains the CEO,. “Retail investors are leaving the crypto market. Not...
dailyhodl.com
MicroStrategy Has No Intention To Sell Bitcoin (BTC), Says Company CFO: Report
MicroStrategy has no plans to sell its Bitcoin (BTC) despite BTC’s bearish price action across the past six months, according to the company’s chief financial officer. MicroStrategy CFO Andrew Kang tells the Wall Street Journal that MicroStrategy’s shareholders are “aligned” with the company’s strategy and haven’t pressured it to sell its BTC holdings.
dailyhodl.com
Two Ethereum Rivals Are Far Outperforming ETH in Pair of Key Metrics, Says Venture Capital Giant Andreessen Horowitz
Two altcoins are crushing Ethereum (ETH) in terms of active addresses and daily transactions, according to a new report from venture capital giant Andreessen Horowitz (a16z). The venture capital firm looked at active addresses measured over a 30-day period as of May 12th, Ethereum had 5.5 million, compared to 9.4 million for Binance Chain’s Binance Coin (BNB) and a whopping 15.4 million for Solana (SOL).
dailyhodl.com
After TerraUSD (UST) De-Pegging Scare, Tether (USDT) Releases Report Claiming It Has Fully Backed Reserves
As the most recent crypto market crash is putting the spotlight on stablecoins, one of the leading dollar-pegged tokens says its valuation remains secure. In a new post, Tether Holdings Limited announced that not only is its signature product Tether (USDT) backed by more assets than liabilities, the company is reducing its commercial investments in favor of treasury bills backed by the US government.
dailyhodl.com
CFTC Chief Says Crypto Assets Will Be Divided Into Two Categories in Upcoming Regulation
Commodity Futures Trading Commission (CFTC) chair Rostin Behnam says cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) can be categorized as a security or a commodity for regulation purposes. In a new interview on CNBC’s Squawk Box, Behnam says that digital assets that are deemed as commodities should be regulated by...
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