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depository-trust-and-clearing-corporation-says-bitcoin-and-crypto-etfs-don’t-qualify-as-collateral-for-financial-assets
Posted by | April 28, 2024
Depository Trust and Clearing Corporation Says Bitcoin and Crypto ETFs Don’t Qualify As Collateral for Financial Assets

The Depository Trust and Clearing Corporation (DTCC) has declared that exchange-traded funds (ETFs) linked to Bitcoin (BTC) or cryptocurrencies have no collateral value as investments. In an announcement, the DTCC,...

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us-national-debt-surges-$273,859,000,000-in-two-months-as-billionaire-leon-cooperman-warns-nation-heading-toward-financial-crisis
Posted by | April 28, 2024
US National Debt Surges $273,859,000,000 in Two Months As Billionaire Leon Cooperman Warns Nation Heading Toward Financial Crisis

The US government’s balance sheet continues to expand at a scorching pace, with more than a quarter of a trillion dollars in debt added in two months. New data from...

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bitcoin-whale-aggressively-accumulates-$282,380,000-worth-of-btc-during-correction:-on-chain-data
Posted by | April 28, 2024
Bitcoin Whale Aggressively Accumulates $282,380,000 Worth of BTC During Correction: On-Chain Data

A Bitcoin whale has stacked over $282 million in BTC since late March as the flagship digital asset struggles to find a bottom after hitting all-time highs. First spotted by...

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gold-may-have-just-signaled-end-of-bitcoin-(btc)-rally,-according-to-analyst-benjamin-cowen-–-here’s-what-he-means
Posted by | April 28, 2024
Gold May Have Just Signaled End of Bitcoin (BTC) Rally, According to Analyst Benjamin Cowen – Here’s What He Means

A widely followed crypto analyst says that gold may just have signaled the local top of Bitcoin’s (BTC) recent strength. In a new video update, crypto strategist Benjamin Cowen tells...

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yuga-labs-co-founder-says-company-‘lost-its-way,’-announces-layoffs-in-bid-to-create-new-cryptonative-team
Posted by | April 28, 2024
Yuga Labs Co-Founder Says Company ‘Lost Its Way,’ Announces Layoffs in Bid To Create New Cryptonative Team

Yuga Labs co-founder Greg Solano says the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) is trimming down its workforce. In a message to employees shared on...

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bitcoin-could-witness-repeat-of-november-2020-parabolic-rally-amid-max-price-compression,-says-analyst
Posted by | April 28, 2024
Bitcoin Could Witness Repeat of November 2020 Parabolic Rally Amid Max Price Compression, Says Analyst

A widely followed analyst believes that Bitcoin (BTC) is gearing up for a parabolic surge despite its recent price doldrums. Pseudonymous crypto strategist TechDev tells his 447,600 followers on the...

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solana-witnessing-‘dramatic-increase’-in-investor-allocations-this-year,-according-to-new-coinshares-survey
Posted by | April 27, 2024
Solana Witnessing ‘Dramatic Increase’ in Investor Allocations This Year, According to New CoinShares Survey

Ethereum (ETH) rival Solana (SOL) is seeing a “dramatic increase” in professional investor allocations this year, according to a new survey conducted by the digital assets manager CoinShares. CoinShares polled...

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bank-employee-hijacks-dead-customer’s-account,-drains-$105,000-in-morbid-money-scheme:-doj
Posted by | April 27, 2024
Bank Employee Hijacks Dead Customer’s Account, Drains $105,000 in Morbid Money Scheme: DOJ

A former employee at a commercial bank in the US just pleaded guilty to draining $105,000 from a deceased customer’s account. The US Attorney’s Office for the District of New...

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uk-police-secure-new-powers-to-seize-crypto-assets-from-suspects-without-making-arrests
Posted by | April 27, 2024
UK Police Secure New Powers To Seize Crypto Assets From Suspects Without Making Arrests

Police in the United Kingdom (UK) can now seize crypto assets from suspects without making any arrests. New legislation came into effect on Friday giving additional crypto-related powers to the...

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swiss-central-bank’s-chairman-says-he’s-dubious-about-holding-bitcoin-as-a-reserve-currency:-report
Posted by | April 27, 2024
Swiss Central Bank’s Chairman Says He’s Dubious About Holding Bitcoin as a Reserve Currency: Report

The chairman of the Swiss National Bank (SNB) reportedly isn’t convinced it’s in his institution’s best interest to hold Bitcoin (BTC) as a reserve currency. While speaking at the central...

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