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Investors in Collapsed Ponzi Scheme Resist Liquidator’s Attempts to Force Repayment at Current BTC Prices

Investors in the bitcoin Ponzi scheme Mirror Trading International are reportedly resisting liquidators’ attempts to have them repay digital assets withdrawn before it collapsed. According to the investors’ lawyer, MTI liquidators are…

Robert Kiyosaki Expects Bitcoin to Hit $100K by June This Year

Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $100,000 by June this year. This prediction aligns with his earlier forecast of bitcoin’s rise and gold’s decline. Kiyosaki recently increased his bitcoin…

Edward Snowden Calls Bitcoin ‘Most Significant Monetary Advance Since the Creation of Coinage’

Edward Snowden, a privacy advocate and former National Security Agency (NSA) contractor and whistleblower, says bitcoin “is the most significant monetary advance since the creation of coinage.” He views his statement as “unpopular…

Coinbase Commerce Ditches Support for Bitcoin Payments Using Self-Custody Wallets

Coinbase Commerce, the cryptocurrency payments solution of U.S.-based exchange Coinbase, has removed support for bitcoin payments using self-custody wallets. Brian Armstrong, CEO of the exchange, clarified it maintains support for payments from…

Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares

In an unprecedented surge, crypto funds around the globe registered record inflows totaling $2.45 billion last week, marking a significant uptick in investor interest. This influx has propelled the total assets under management (AUM) back to levels…

Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale

Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed…

Worldcoin’s WLD Token Skyrockets 142%, Leading Crypto Market’s Week of Surges

This week, WLD token from the Worldcoin project soared by 142.7% against the U.S. dollar, topping the chart as the week’s most significant gainer. Hot on its heels was the digital currency bitget token (BGB), which saw an increase of just…

Ethereum Technical Analysis: ETH Highlights Resilience Across Several Timeframes

Ethereum started Monday with its price hitting $2,934 per unit, marking a week filled with a strong 14.9% increase. Over the preceding fortnight, the second-leading crypto asset by market cap witnessed a substantial 25.9% upswing. Kicking off this…

Bitcoin Technical Analysis: BTC Bulls Show Strength After Recent Consolidation Period  

Bitcoin’s price has seen a period of consolidation after its recent high of around $52,884, according to price data from Feb. 19, 2024. Technical indicators suggest the leading crypto asset remains in an uptrend and may be poised for a…

Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi

The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar…

Legendary Investor Stanley Druckenmiller Dumps Big Tech, Bets on AI and Gold

Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold…

Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds…

Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined

Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld…

Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches

The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily…

Cryptographic Clarity: Unmasking Satoshi Nakamoto Demands Ironclad Evidence Amid a Sea of Claims

In the past seven years, the crypto world has witnessed various individuals claiming to be the true Satoshi Nakamoto, the mastermind behind the Bitcoin white paper and the initiator of the first blockchain. Yet, despite their efforts, none have…

Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event

As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically, bitcoin’s value…

NFT Market Sales Dip 12% This Week While Highlight Collections Record Notable Rises

In the last week, the market for non-fungible tokens (NFTs) has seen a decline, with sales falling 12.67% compared to the previous week, totaling $255.22 million. Ethereum took the lead in NFT sales, raking in $133 million, while Solana followed…

Robert Kiyosaki Predicts US Collapse, Peter Schiff Warns of BTC Massacre, Grayscale Study on BTC Halving, and More — Week in Review

Robert Kiyosaki predicted the downfall of the American empire, likening its fate to that of the Roman Empire, and advised investing in bitcoin, gold, and silver as a safeguard. Conversely, economist Peter Schiff described the recent bitcoin price…

Fed Governor Discusses Crypto’s Impact on US Dollar Dominance — Says Banks Should Avoid Bitcoin ETFs as Primary Asset

A Federal Reserve governor has addressed crypto’s impact on the U.S. dollar’s dominance. Additionally, he expressed reservations about the need for a U.S. central bank digital currency (CBDC) and stated his opposition to banks holding…

Investment Advisor: Bitcoin Is Priced for a Serious Rally

The chief executive of Sound Planning Group has predicted a major bitcoin price surge, stating that the crypto is priced for “a serious rally.” He identified the upcoming Bitcoin halving and the adoption of spot bitcoin…

Robert Kiyosaki Expects Bitcoin to Take off — Foresees Gold Crashing Below $1,200

Rich Dad Poor Dad author Robert Kiyosaki has predicted that bitcoin and silver will take off while gold will crash below $1,200. He urges investors to prepare for the “biggest crash in history” which he forecasted in his book years…

Dave Portnoy Regrets Selling Bitcoin — Wishes Barstool Invested $10 Million in BTC

Barstool Sports kingpin Dave Portnoy is experiencing a serious case of crypto regret, wishing that he hadn’t sold his bitcoin. He also wishes that his company, Barstool, had invested $10 million in the crypto. “I’m so mad at…

Peter Brandt Warns Against Trusting SEC Chair Gary Gensler — Says He Has Long History of Not Protecting Investors

Veteran trader Peter Brandt has warned that U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler should not be trusted. He stressed that Gensler “has a long history of not looking out for the interests of investors.”…