Through its cryptocurrency derivatives division, Binance Futures, Binance has announced a competition where users can enter to win a Tesla Model Y. The competition, which runs from February 18 to March 17, 2024, will take place over four weekly challenges, according to the cryptocurrency exchange. Binance Futures Reveals Daily Crypto Reward Schedule and Tesla Model … Read more
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has described the “very real economic difference” between fiat currencies like the dollar and cryptocurrencies like bitcoin. The head of the SEC pointed out, “You have a whole central bank, and support for one currency, generally per economic region,” noting that bitcoin doesn’t … Read more
Michael Saylor, executive chairman of Microstrategy, has provided an explanation of why bitcoin has emerged as “the world’s most popular investment asset.” He pointed out that the cryptocurrency has “found its footing and now people are beginning to realize that there’s 10 times as much demand for bitcoin coming in through these ETFs as there … Read more
Anthony Scaramucci, the founder of Skybridge Capital, has clarified that it is still possible to purchase bitcoin. He predicts that many people are questioning if they missed the chance to purchase bitcoin as its price has surged beyond $50,000. Scaramucci emphasized that he has a firm “no” to that. Anthony Scaramucci: Should You Invest in … Read more
Hedging-as-a-service, a tool developed by the cryptocurrency platform Umoja to protect customers against cryptocurrency losses, debuted in beta form on Tuesday. Umoja’s goal is to improve the security and usability of cryptocurrency investments, creating chances for hedging in a $500 trillion industry. Umoja Launches A Platform for Beta Hedging The beta release of Umoja’s hedging-as-a-service … Read more
Sometime in the second half of 2023, the billionaire Peter Thiel’s venture capital (VC) firm Founders Fund is said to have purchased bitcoin and ethereum for $200 million. According to reports, the venture capital firm started buying bitcoin when its value was less than $30,000. New Interest in Crypto from Founders Fund Bitcoin (BTC) and … Read more
Cryptocurrency is not a wise investment, according to personal finance expert and best-selling author Dave Ramsey’s company Ramsey Solutions. We do not predict the demise of cryptocurrencies. We also don’t think it’s awful. But for now, simply say no,” the Ramsey Solutions group counseled. “Just Say No” to Cryptocurrency Is Ramsey Solutions’ Advice An essay … Read more