Day: November 21, 2024

Trump Media & Technology Group is exploring the development of a crypto payment platform, as revealed by a recent trademark filing.  The application, submitted by Donald Trump’s social media company on Monday, outlines plans for a service named TruthFi. The proposed platform aims to offer crypto payments, financial custody, and digital asset trading. Trump Media…

Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.

Bitcoin’s meteoric surge continues to grasp the attention of analysts and traders as it has left ‘Base 4’ of the huge cup and holder pattern. As per the crypto analyst Gert Van Lagen, leaving Base 4 signifies Bitcoin’s progress toward the steepest rise in history, outpacing former bullish trends. The analyst took to social media…

Donald Trump plans to establish an advisory council to position the U.S. as a leader in the cryptocurrency space. The council will spearhead policy changes, coordinate with Congress on crypto legislation, and oversee the creation of a strategic Bitcoin reserve. The advisory council will also operate under the White House’s National Economic Council or a…

Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) hitting the monumental $100,000 mark is “just the start” for the flagship crypto. Novogratz’s comments come as Bitcoin registers a new all-time high near $99,100, closer than ever to the six-figure price level, which some argue could be the top for this cycle. Speaking on CNBC’s Squawk…

An advisory committee of the Commodity Futures Trading Commission has voted in favor of allowing tokenized assets to be used as collateral for margin trading. The CFTC’s Global Markets Advisory Committee forwarded the recommendation around these blockchain or distributed ledger…

South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South Korea’s leading crypto exchanges, first…

Seoul, South Korea, November 21st, 2024, Chainwire Yo-Yo.ai Launches Real-Time Prediction Model in Crypto and Stocks with $300M Hedge Fund Yo-Yo.ai, a pioneering AI research lab, has launched groundbreaking trials with a $300 million programmatic hedge fund to leverage its advanced AI-driven price prediction engine. With a 75% accuracy rate, an improvement over the industry’s historical benchmark…

Donald Trump’s social media company mulled launching a payment service, following interest in buying Bakkt exchange.

New York, USA, November 21st, 2024, Chainwire The global financial landscape faces growing concerns over censorship and restricted access, with centralized institutions retaining the ability to freeze accounts and block transactions. These restrictions have raised questions about financial inclusion and the role of decentralized technologies in addressing such challenges. Banks and companies like PayPal have…