Articles for category: Crypto

Market News

Ramaswamy’s Strive Asset Management Files SEC Disclosure to Enhance Transparency and Investor Confidence

Vivek Ramaswamy’s Strive Asset Management is making a significant move in the evolving investment landscape by filing for the Strive Bitcoin Bond ETF with the SEC. This innovative fund aims to invest at least 80% in Bitcoin, while also offering exposure to convertible securities from MicroStrategy, a leader in Bitcoin adoption. Strive’s approach allows investors ...

Market News

Montenegro Approves Extradition of Cryptocurrency Mogul Do Kwon to the United States for Legal Proceedings

Montenegro has approved the extradition of Do Kwon, a prominent South Korean figure known as “the cryptocurrency king,” to the United States. Kwon, the founder of Terraform Labs, is facing federal charges related to a massive $40 billion cryptocurrency crash that impacted many investors globally. Today’s decision by Montenegro’s Justice Ministry follows a lengthy legal ...

Market News

BCH Miner Introduces User-Friendly Cloud Mining Solution for Crypto Enthusiasts and Beginners

BCH Miner, based in Newport, UK, offers an easy-to-use cloud mining platform that allows users to mine various cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and Litecoin without needing expensive hardware. As cloud mining grows in popularity, BCH Miner provides a cost-effective way to earn digital currency rewards through rental processing power. New users can ...

Market News

Elon Musk Warns of U.S. Bankruptcy Risks While Advocating for Bitcoin-Inspired Financial Solutions

Inflation exceeding 10% has led the Federal Reserve to raise interest rates significantly, increasing debt payments and sparking concerns about a possible financial crisis. Elon Musk’s initiative, the Doge Department of Government Efficiency, aims to cut $2 trillion from U.S. spending, linking back to his support for Dogecoin. Meanwhile, Donald Trump has proposed creating a ...

Market News

Montenegro to Extradite Crypto Entrepreneur Do Kwon to the US Amid Legal Troubles and Fraud Allegations

Montenegro has decided to extradite South Korean cryptocurrency entrepreneur Do Kwon to the United States. This comes after lengthy court proceedings regarding his extradition related to the collapse of his company, Terraform Labs, which resulted in the loss of about $40 billion for investors and shook the global cryptocurrency Market. Kwon, arrested in March 2023 ...

Market News

Bitcoin Institutional Adoption Surges as ETF Filings Reflect Growing Investor Interest in Cryptocurrency Market

In 2024, the focus in the cryptocurrency world has shifted significantly towards institutional adoption. With the U.S. approving spot bitcoin exchange-traded funds (ETFs), along with many companies adding bitcoin to their financial reserves, the conversation around crypto is more prevalent than ever. Bitcoin has surged nearly 130% this year and is close to the $100,000 ...

Market News

Bitcoin Institutional Adoption Grows as ETFs Spark Strong Investor Interest and Confidence in Cryptocurrency Market

In 2024, the main focus in cryptocurrency is on institutional adoption. Notably, the U.S. has approved spot bitcoin exchange-traded funds (ETFs), leading to significant investments, with net inflows reaching $36 billion and over 1 million BTC acquired. Bitcoin’s price has surged almost 130% this year, nearing the $100,000 mark. More companies, like KULR Technology, are ...

Market News

FTX Executives Ellison and Salame Have Their Prison Sentences Reduced: What You Need to Know About the Case

Following the FTX cryptocurrency exchange collapse, former executives Caroline Ellison and Ryan Salame have received reduced prison sentences. Salame, who led FTX’s Bahamas subsidiary, initially received a 7.5-year sentence but his release is now set for March 1, 2031, over a year earlier than expected. Ellison, former head of Alameda Research, was sentenced to two ...

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