Posts by admin
SBF's Crisis Manager Resigns After Surprise Jailhouse Interview
Sam Bankman-Fried (SBF), the disgraced founder of cryptocurrency exchange FTX, has conducted a second interview from prison, once again drawing controversy and causing repercussions for his crisis management team. The interview, hosted by Tucker Carlson and posted on social media on Bankman-Fried’s 33rd birthday, took even his own public relations representative, Mark Botnick, by surprise.…
Read MoreBullish Bitcoin (BTC) Predictions, Pi Network (PI) Targets, and More: Bits Recap for Mar 7
TL;DR Bitcoin (BTC) tanked to $85,000 after Trump signed the executive order for the Bitcoin Reserve, but later recovered above $88,000. Analysts eye $150,000 if the price reclaims $97,000. Market observers predict PI’s rise to $5, $40, or even higher. Meanwhile, Binance’s community vote showed strong support for the token’s potential listing, but the exchange remains silent…
Read MoreBitcoin has ‘more than 50% chance’ of new high by June: Cory Klippsten
The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten. “I think there’s more than 50% chance we will see all-time highs before the end of June this year,” Klippsten told Cointelegraph. However, he…
Read MoreMichael Saylor Advocates Bitcoin Reserve to Cement US Digital Leadership
Michael Saylor, founder of Strategy (formerly MicroStrategy), has said that a Bitcoin strategic reserve will position the United States as a leader in cyberspace. In an interview with Fox News Channel, Saylor argued that Bitcoin is a secure means of savings for individuals, companies, and governments. Bitcoin Will Take The U.S. to Cyberspace Saylor, whose…
Read MoreCrypto voters could swing New Jersey gubernatorial race
The digital asset advocacy organization Stand With Crypto has released data suggesting that the crypto policy positions of candidates in the 2025 New Jersey gubernatorial race could determine the outcome. According to a March 6 notice, Stand With Crypto said roughly 62,000 people had registered with the organization in New Jersey, suggesting that crypto-minded voters…
Read MoreBioNexus Gene Lab Becomes First Nasdaq-Listed Firm to Prioritize Ethereum in Treasury Strategy
BioNexus Gene Lab (BGLC) has adopted an Ethereum-focused treasury strategy, thus becoming the first Nasdaq-listed company to prioritize ETH. The exact percentage for its Ethereum allocation has not been divulged by the company but the move follows the leading altcoin’s inclusion in the US “Crypto Strategic Reserve.” BGLC Embraces Ethereum BGLC has released its Ethereum…
Read MoreHow can Bukele still stack Bitcoin after IMF loan agreement?
Salvadoran President Nayib Bukele raised eyebrows among industry observers on March 4 when he said that his government’s Bitcoin purchases won’t stop, despite a requirement from the International Monetary Fund (IMF). El Salvador struck a $1.4 billion loan deal with the IMF in January on the condition that it walk back Bitcoin (BTC) adoption and…
Read MoreBitcoin Rally Pauses as Mt. Gox Transfers $1B in BTC to Unknown Address
A wallet tied to the bankrupt crypto exchange Mt. Gox has once again moved a massive number of bitcoins (BTC) as the entity’s creditor repayment plans come to fruition. Data from the market intelligence platform Arkham revealed that the Mt. Gox wallet labeled 1PuQB transferred 11,834 BTC worth approximately $1.07 billion to an unknown address…
Read MoreBitcoin gets March 25 'blast-off date' as US dollar hits 4-month low
Bitcoin is predicted to “blast off” in three weeks as global liquidity trends turn in favor of crypto and risk assets. New X analysis from Andre Dragosch, European head of research at asset management firm Bitwise, predicts global money supply hitting new all-time highs. 3-week countdown to BTC price comeback A new Bitcoin (BTC) price…
Read MoreUS Senate Votes to Repeal IRS DeFi Reporting Rule
In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service relating to “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” The rule required decentralized finance platforms to report detailed information on customers to the IRS, starting for tax year 2027.…
Read More