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Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report

September 24, 2023 0

Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally. Coinbase

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Skybridge Founder: Every Wall Street Firm Will Sell Bitcoin ETF to Clients — ‘Next 10 to 20 Years Are Remarkably Bullish’

September 24, 2023 0

Skybridge Capital founder Anthony Scaramucci has explained why he is still bullish on bitcoin. Emphasizing that every Wall Street firm is going to have a bitcoin exchange-traded fund (ETF) in their arsenal that they will sell to their clients, he predicted: “The next 10 to 20 years are remarkably bullish.” He added: “If you got […]

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Robert Kiyosaki Advises Buying Bitcoin Today — Foresees a Rush to Buy BTC as Stocks, Bonds, and Real Estate Crash

September 24, 2023 0

Rich Dad Poor Dad author Robert Kiyosaki has advised investors to buy bitcoin today before stock, bond, and real estate markets crash and people rush to buy BTC alongside gold and silver. The famous author has predicted that bitcoin’s price will reach $500,000 by 2025, with gold soaring to $5,000, and silver reaching $500. However, […]

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Arkham Identifies Coinbase’s $25B in BTC; Rivals Nakamoto’s Legacy Coins

September 23, 2023 0

On September 22, 2023, Arkham Intelligence unveiled that it has identified addresses tied to a staggering $25 billion from Coinbase’s bitcoin (BTC) holdings. This cache represents the most substantial BTC reserve on Arkham. The firm points out that this trove is nearly on par with Satoshi Nakamoto’s legendary 1 million coins. Coinbase’s Crypto Cache Tops […]

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Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations 

September 23, 2023 0

In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window to “explore possible resolution of the SEC’s claims […]

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A Lehman Opportunity — Distressed-Debt Titans Eye Huge Returns in FTX Claims Market

September 23, 2023 0

Prominent distressed-debt moguls are diving into the FTX bankruptcy claims arena, seizing debts at bargain prices with aspirations of lofty profits. This year, Silver Point Capital, Diameter Capital Partners, and Attestor Capital have acquired over $250 million in FTX claims, court records reveal. Report Says $250 Million in FTX Claims Acquired by Investment Heavyweights

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Liquid-Staking Token-Backed Stablecoin MKUSD Surges 27,000% in Under a Month 

September 23, 2023 0

Since the start of 2023, the size of the stablecoin economy has decreased amid numerous redemptions. However, new stablecoin asset projects, such as Aave’s GHO, First Digital’s FDUSD, and Paypal’s PYUSD, have emerged. On September 1, a stablecoin protocol named Prisma Finance was launched, enabling users to deposit liquid staking derivative tokens for a token […]

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Biggest Movers: SHIB Extends Gains, LINK Hits 5-Week High on Saturday

September 23, 2023 0

Shiba inu was a notable mover to start the weekend, as the meme coin rose for a second consecutive session. The surge comes despite the global crypto market cap mostly consolidating today. Chainlink also raced higher, hitting a five-week high. Shiba Inu (SHIB) Shiba inu (SHIB) continued to move away from a recent support point […]

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Bitcoin, Ethereum Technical Analysis: BTC Establishes a New Support Point on Saturday

September 23, 2023 0

Bitcoin started the weekend in consolidation, as traders seemingly found a new price floor at $26,500. The price uncertainty comes as markets settled following a volatile week, which was headlined by the Federal Reserve rate decision. Ethereum remains below $1,600. Bitcoin Bitcoin consolidated for a second straight session, with the cryptocurrency hovering around a floor

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Block.one’s Settlement Offered a ‘Tiny Fraction’ of the $4.1 Billion Raised — EOS Network Foundation CEO

September 23, 2023 0

According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one’s failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many reasons why the community felt compelled to take over. Building Everything From Scratch However, in written […]