Cryptocurrency Market

  • Market Cap: $2,404,566,215,417.11
  • 24h Vol: $55,231,442,798.33
  • BTC Dominance: 56.55%

Investors

ubs-favors-gold-as-‘most-preferred’-—-says-‘hedging-properties-remain-attractive’

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’

UBS remains optimistic about gold’s potential, despite its current record highs. The Swiss investment bank highlights key factors, including the Federal Reserve’s rate cuts and global geopolitical tensions that are boosting demand for gold as a safe-haven asset. UBS also notes that central bank purchases and investor inflows into gold ETFs are sustaining the metal’s […]

UBS Favors Gold as ‘Most Preferred’ — Says ‘Hedging Properties Remain Attractive’ Read More »

terraform-labs-gets-court-approval-to-wind-down-operations-in-bankruptcy

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the U.S. Securities and Exchange Commission (SEC). The company had been at the center of a scandal that left cryptocurrency investors facing significant losses after the Terra ecosystem collapsed. Court Approves Terraform Labs Wind-Down Terraform Labs has been granted

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microstrategy-announces-$700m-private-offering-for-debt-buyback-and-bitcoin-acquisition

Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition

On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay off existing debt and purchase more bitcoin. Microstrategy Reveals Another Private Offering According to Microstrategy’s (Nasdaq: MSTR) announcement, the notes, set to

Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition Read More »

report:-kraken-considers-ipo-amid-renewed-investor-interest

Report: Kraken Considers IPO Amid Renewed Investor Interest

Kraken, one of the oldest cryptocurrency exchanges, is considering a final funding round ahead of a possible initial public offering (IPO) as soon as next year, according to Bloomberg. This move follows renewed interest from investors during the current digital-asset market rally and a perceived easing of U.S. regulatory scrutiny. Kraken Eyes IPO Bloomberg sources

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bank-of-america-strategist-predicts-gold-could-reach-$2,500-per-ounce-in-2023 

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023 

A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve the projected $2,500 target,

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023  Read More »

brics-bank-‘re-taps-into-usd-bond-market’-with-$1.25-billion-‘green’-bonds

BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds

The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS

BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds Read More »

fugitive-crypto-exchange-founder-faruk-ozer-extradited-to-turkey

Fugitive Crypto Exchange Founder Faruk Ozer Extradited to Turkey

Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto entrepreneur disappeared after his trading platform unexpectedly went offline in the spring of 2021 and was arrested last year by Albanian law enforcement. Albania Hands Over Alleged Crypto Fraudster to Turkish Authorities

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former-deutsche-bank-investment-banker-charged-with-crypto-fraud-in-us

Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank Investment Banker Arrested and Charged for Defrauding Crypto Investors Rashawn Russell, a 27-year-old

Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US Read More »

binance-us-to-delist-tron-and-spell-tokens-amid-heightened-regulatory-pressure

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC)

Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure Read More »

ukraine-dismantles-$40-million-russian-crypto-pyramid

Ukraine Dismantles $40 Million Russian Crypto Pyramid

Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With Russian Roots Busted in Ukraine Officers from the Security Service of Ukraine

Ukraine Dismantles $40 Million Russian Crypto Pyramid Read More »