BNP Paribas invested $41,684 in the BlackRock Bitcoin ETF by buying 1,030 units. The European bank holds an enormous $600 billion in assets under management (AUM). Recent reports indicate substantial withdrawals from the U.S. Spot Bitcoin ETFs. But big money is already jumping on board with these ETFs. Being the second-largest bank in Europe, BNP […]
Category: Crypto
RWA Tokenization Platform Launches First Private Credit Pool on Celo Network
TL;DR Untangled Finance launches the first institutional private credit pool in DeFi. Backed by Fasanara Capital, the pool is structured on the Celo blockchain with advanced security measures. Access for accredited RWA investors through a robust KYC process. Untangled Finance has marked a significant milestone in the world of decentralized finance (DeFi) by launching the […]
Bitcoin Déjà Vu: Analyst Identifies Trends Reflecting 2016 Cycle
Cryptocurrency analyst Rekt Capital has come up with an intriguing narrative pointing to several trends in the current price action of Bitcoin that are similar to the price trends seen in the 2016 bull cycle, even as market sentiments continue to dwindle. Bitcoin Trends Reiterating 2016 Pattern According to Rekt Capital, more than a month […]
LIVE – MicroStrategy World: Bitcoin for Corporations Day 2
Microstrategy’s annual Bitcoin for Corporations conference has kicked off its second day, featuring conversations with leading finance, regulatory and fintech professionals on the future of corporate Bitcoin adoption. Discussions will center around the financial implications of the recently approved Spot Bitcoin ETFs in the United States, the changing regulatory landscape for Bitcoin, as well as […]
Pickup artists using AI, deep fake nudes outlawed, Rabbit R1 fail: AI Eye
Deep fake nudes to be outlawed in UK and Australia, pick up artists fake big live stream audiences to meet women, plus more news: AI Eye. A little over a year ago, a fake AI song featuring Drake and the Weeknd racked up 20 million views in two days before Universal memory-holed the track for […]
Bitcoin price correction 'very common' if $56K lows hold — Peter Brandt
Bitcoin bulls see signs of the worst being over as a BTC price bounce gathers pace toward $60,000. Bitcoin (BTC) tagged $59,000 into the May 2 Wall Street open as swing lows held as a BTC price floor. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting closer to the key $60,000 zone. After […]
Nigerian court postpones money laundering trial of Binance and execs
A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents. The trial of Tigran Gambaryan, a Binance executive detained in Nigeria since February, has reportedly been postponed until May 17 after another delay in court. According to a May 2 […]
Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like the euro or the U.S. dollar. Bitcoin Poised to Become Default Currency for AI, Says […]
Polkadot’s canary network Kusama achieves milestone with first Agile Coretime sales
Kusama, Polkadot’s canary network, recently marked a significant milestone by selling its inaugural batch of Agile Coretime. Reports revealed that three cores were sold for a total of 70 KSM, worth approximately $1,980—each core was sold at an average price of 23.4 KSM, roughly $660. Coretime allows developers to buy up to 4 weeks or […]
Bitcoin wrestles with key moving averages and short term holder prices
Quick Take Bitcoin’s 20% decline from its all-time high has raised concerns about the potential impact on the ongoing bull run. To better understand the current market conditions, we can analyze Bitcoin’s price against key moving averages, widely used technical indicators in the digital asset space. One of the most crucial moving averages is the 111-day […]