Uncategorized

Binance Accused Of Illegally Selling Genesis Claims, Implicating $70 Million

According to local media reports, Binance, the world’s largest cryptocurrency exchange, is embroiled in a controversy involving the alleged mishandling of victims’ assets and the unauthorized sale of crypto lender Genesis’ claims.  The allegations suggest that Binance used these assets to offset the debts of Gopax, a South Korean crypto exchange, potentially hiding significant losses […]

Uncategorized

Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy

Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24. According to the press release, Riot’s decision to make a hostile takeover bid follows Bitfarms’ Board of Directors’ rejection of its private proposal without substantive engagement. The […]

Press Release

Bonds Are the ‘Biggest Lie,’ Bitcoin Is the Future

Robert Kiyosaki, author of “Rich Dad Poor Dad,” has debunked the commonly held belief that bonds are generally safe investments. In a recent tweet, Kiyosaki labeled the notion that “bonds are safe” as the “biggest lie” propagated by financial planners to “gullible” investors. He even went on to warn that even highly rated AAA bonds […]

Press Release

Microstrategy’s Michael Saylor Says Spot Ethereum ETFs Approvals Is Good For Bitcoin, Here’s Why

Co-founder and former Chief Executive Officer (CEO) of MicroStrategy, Michael Saylor, has shown support for the approval of Spot Ethereum ETFs. The crypto billionaire reiterated that the introduction of Ethereum ETFs was “good” for Bitcoin and the broader crypto market.  Spot Ethereum ETF Approval Is “Better” For Bitcoin In a recent interview with Beagle, the […]

Uncategorized

ChatGPT Analyzes Which Will Perform Better in 2024

TL;DR Dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) dominate due to strong communities and endorsements, while cat-themed ones like Popcat (POPCAT) are gaining interest but remain less popular. Pepe (PEPE) has recently surged and could also become a top meme coin this year with continued community support and strategic developments, though investors […]

Press Release

Bitcoin ETFs Hold 1 Million BTC, 5% of Total Supply

Bitcoin exchange-traded funds (ETFs) have reached a significant milestone. They now hold over 1 million BTC, representing nearly 5% of Bitcoin’s total supply. Grayscale and BlackRock, with their substantial BTC assets, are leading this sector, highlighting the growing institutional interest in cryptocurrency investments. Bitcoin ETFs Hold Over 1 Million BTC As of May 23, ETF […]