Category: Crypto

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…

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…

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…

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…

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

Ethereum is unlikely to hit a major milestone before the end of Q4 and even Pepe is losing ground after recording losses for three consecutive days. Meanwhile, Lunex Network is gaining traction as the platform has already raised $2.6 million in presale. Ethereum (ETH) Loses Investor Confidence with Slow Growth Ethereum is losing investor interest…

Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday.

Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad,” has emerged as the leading candidate to become the first White House “crypto czar,” Fox Business reported on Nov. 21. The Trump administration is reportedly establishing the role to guide US crypto policy and foster growth in the $3 trillion digital asset…

The US Securities and Exchange Commission (SEC) has suffered another major loss to crypto plaintiffs in Texas. In a new ruling, Judge Reed O’Connor of the US District Court for the Northern District of Texas ordered that the regulator’s use of the term securities “dealer” is not backed by any US laws. US SEC Overreach…