Tag: Investment

news-15062024-025552

New York Recovers $50 Million from Gemini for Defrauded Investors – CoinJournal Gemini Pays $50...

New York Attorney General Letitia James recently announced that $50 million has been recovered from Gemini Trust. This money was defrauded from Gemini Earn users, and it will now be used to repay more...
news-15062024-025533

Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks Bitcoin Price Struggles Near $67,000 Amid...

Bitcoin struggled to maintain its price near $67,000 as the overall crypto market remained stagnant. The leading cryptocurrency has been trading sideways after failing to sustain upward momentum earlier in the week. Investor confidence...
news-15062024-025423

Drake Faces $1M Bitcoin Loss as NHL and NBA Bets Go Awry

Canadian artist Drake is facing a potential loss of $1 million in cryptocurrency after placing two separate bets of $500,000 each on the Edmonton Oilers and the Dallas Mavericks to win the Stanley Cup...
news-15062024-025403

Bernstein predicts Bitcoin price to reach $1 million by 2033, starts covering MicroStrategy

Bernstein analysts have increased their long-term Bitcoin price forecast to $1 million by 2033 due to high demand and limited supply. They have also adjusted their predictions for the current cycle, expecting Bitcoin to...
news-15062024-025302

MicroStrategy Boosts Bitcoin Investment with $700M Convertible Note Offering

Nasdaq-listed software company MicroStrategy, known for holding a significant amount of bitcoin (BTC) in its treasury, has decided to increase its convertible note offering to $700 million from the original plan of $500 million....
news-15062024-025221

Cardano Developments Driving ADA Price to $3 in 2024

Crypto analyst Sebastian recently shared his insights on why he believes Cardano (ADA) could surge to $3 this year. Despite Cardano's performance being lackluster compared to other cryptocurrencies, Sebastian highlighted some key developments that...
news-15062024-024713

Benefits of Securities Tokenization Acknowledged by SEC Commissioner UyedaBenefits of Securities Tokenization: SEC Commissioner...

SEC Commissioner Uyeda recently highlighted the numerous benefits of securities tokenization, emphasizing the advantages of representing asset rights with digital tokens on a blockchain. He pointed out that this method offers increased security, transparency,...
news-15062024-024640

Meme coins outperform Bitcoin in 2024 Meme Coins Outperform Bitcoin: What This Means...

In the world of cryptocurrencies, meme coins have been making headlines for outperforming big players like Bitcoin and Ethereum in 2024. While Bitcoin and Ethereum have seen a modest increase of over 50% this...