In a recent speech at the BTC Conference, Jan van Eck, CEO of VanEck, emphasized the numerous advantages of Bitcoin as an asset class. He mentioned that a significant portion of his own investment portfolio, ‘way over 30%’, is allocated to Bitcoin. This is a strong statement coming from a prominent figure in the financial
In a recent interview with Custodia Bank CEO Caitlin Long and YouTuber Scott Melker, Kennedy proposed an interesting idea for the federal government to start buying Bitcoin until its holdings match the value of the nation’s gold reserves. This would mean acquiring roughly 9.4 million BTC, which is approximately 45% of the total Bitcoin supply.
The launch of the Spot Ethereum ETFs was expected to bring positive momentum to the price of Ethereum. However, the reality has been quite the opposite. Since the ETFs started trading on July 23rd, Ethereum has seen a decline of around 10% in its value. This unexpected struggle has proven that the launch of the
In the world of cryptocurrencies, Ethereum has had a tumultuous week. Despite the launch of several Ethereum ETFs, the price of ETH plummeted by over 10%. This significant drop not only turned the ETF launch into a “sell-the-news” event but also transformed the $3,300 support level into a formidable resistance. Without a swift recovery to
Robert Kennedy Jr.’s proposal to transform the United States into the world’s largest holder of Bitcoin represents a bold departure from traditional financial policies. By advocating for the strategic acquisition of Bitcoin to match the current US gold reserves, Kennedy aims to redefine monetary policy and enhance fiscal discipline within the federal government. This proposal
On July 26, a significant number of Bitcoin options contracts are set to expire, totaling around 61,200 contracts with a notional value of approximately $4.26 billion. This expiry event is larger than usual due to it being the end of the month. Despite the recent excitement surrounding the launch of spot Ethereum ETFs in the
A recent prediction by a crypto analyst named Trader Tardigrade has sent shockwaves through the cryptocurrency community. According to the analyst, Bitcoin is on track to reach an unprecedented $263,000, but with a catch. The bullish surge to new all-time highs is dependent on Bitcoin meeting specific market conditions. Trader Tardigrade identified a key technical
Illuvium has recently launched its mainnet, marking a significant milestone for the project and the gaming community as a whole. The team behind Illuvium has put a strong emphasis on creating a player-centric platform that not only delivers unique gaming experiences but also values the feedback and contributions from its users. This launch is a
Recently, cryptocurrency exchange platform WazirX reported a sophisticated cyber attack on its multi-signature Ethereum wallet. The attack raised concerns within the crypto community and prompted a thorough investigation by the exchange. According to a blog post on July 25, WazirX conducted a preliminary investigation and found no evidence of compromise on the machines of its
Planet X is not just your average free-to-play extraction shooter game. It represents a new era of gaming that combines the excitement of gameplay with the ability to earn real-world prizes. The game is built on the Ethereum blockchain and utilizes the XAI ecosystem to create an immersive experience for players. By intertwining blockchain technology
