Author: cryptotechbro
The management of bankrupt crypto exchange FTX has launched a lawsuit against American financier Anthony Scaramucci and his hedge fund company SkyBridge Capital to recoup funds invested by the exchange’s former CEO Sam Bankman-Fried (SBF). This legal action forms part of major efforts by the FTX bankruptcy estate to recover ill-spent funds by the previous administration and settle its existing creditors. FTX Deals With Scaramucci Shows No Benefit, Lawyers Claim According to a recent report by Bloomberg, FTX filed 23 lawsuits in the Delaware bankruptcy court on Friday all to claw back funds directed at shady investments by Bankman-Fried. The…
Este artículo también está disponible en español. Experts are confident that Shiba Inu could potentially undergo a massive price surge on the back of a positive overall outlook on cryptocurrency. Donald Trump’s victory in the recently concluded US election brings waves of optimism in the cryptocurrency market which SHIB Inu can ride on to propel it to a 306% price hike. Related Reading Shiba Inu: Explosive Growth A market analyst predicted that the price of Shiba Inu could soar by at least 306%, as the entire cryptocurrency market is going on an overdrive excited by the results of the US…
Analyst forecasts $110K Bitcoin price, BlackRock sees $1 billion in daily inflows into spot Bitcoin ETF, and more: Hodler’s Digest
Bitcoin has historically followed a familiar four-year cycle. Now, two years into the current cycle, investors are closely watching patterns and market indicators for insights into what the next two years may hold. This article dives into the anatomy of Bitcoin’s four-year cycle, past market behavior, and future possibilities.The 4 Year CycleBitcoin’s four-year cycle is partly influenced by the scheduled halving events, which reduce the block reward miners receive by 50% every four years. This halving decreases the supply of new Bitcoin entering the market, often creating supply-demand pressures that can push prices higher.This can be clearly visualized by the…
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that its treasury holds approximately $970.2 million, with $788.7 million in crypto assets and $181.5 million allocated to non-crypto investments and assets. Notably, nearly 99.45% of the EF’s crypto holdings are in Ethereum (ETH), representing 0.26% of the total circulating supply of ETH. In its report, the EF emphasized a conservative treasury management policy designed to weather market volatility and ensure the availability of resources during extended…
Este artículo también está disponible en español. Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH’s potential in the current cycle, expecting it to lag behind. However, Ethereum’s recent strength is starting to reshape these perspectives. Prominent analyst and investor Ali Martinez recently shared insights indicating that while Ethereum’s momentum is building, the much-anticipated “Altseason” hasn’t arrived just yet. Related Reading According to Martinez, this stage of the cycle typically sees Bitcoin outperforming Ethereum and…
Ensuring safe transactions becomes a major concern for both players and platforms as internet casinos keep becoming more and more popular. Knowing how to protect personal information and money is absolutely vital since the internet age lets individuals enjoy casino games from the comfort of their homes. Choosing a Trustworthy Online Casino Choosing a trustworthy online casino comes first in guaranteeing safe transactions. Search always for venues licensed by reputable authorities, including Curacao eGaming, the United Kingdom Gambling Commission, or the Malta Gaming Authority. These licenses show that the casino runs under tight rules meant to safeguard visitors. Furthermore open…
Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of software in the industrial simulation and analysis market. Altair shareholders will receive USD 113 per share, representing an enterprise value of approximately USD 10 billion. The offer price represents a 19% premium to Altair’s unaffected closing price on October 21, 2024, the last trading day prior to media reports regarding a possible transaction. With this acquisition Siemens strengthens its position as a leading technology company and its leadership in industrial software.
A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.
Dive into the full October 2024 Bitcoin Report for the latest insights and analysis. Click here to read the full report: Read the ReportThe October 2024 edition of The Bitcoin Report is packed with expert insights and bullish price forecasts as Bitcoin continues to carve its place as the leading decentralized digital asset. This month, we focus on several key topics: Bitcoin’s decreasing exchange balances, ETF inflows surging past $5 billion, and bullish price targets that could redefine Bitcoin’s value over the next quarter. Featured contributions come from some of the biggest names in the Bitcoin space, including Caitlin Long,…