Arthur Hayes Sells $13 Million In Ethereum, PEPE And Ethena – Here’s Why

BitMEX co-founder and key crypto figure Arthur Hayes has recently offloaded $13 million in Ethereum (ETH), Pepe (PEPE), and Ethena (ENA). While this market sell-off may be linked to a broader crypto market decline, Hayes has shared other insights backing this cautious market move. Related Reading: Bitcoin Finds A Corporate Home—Treasuries Now Hold Over $100-B: […]

XRP Gains Momentum As Analyst Calls It The ‘Smartest Crypto’ To Buy

With inflation nibbling away at savings and stocks delivering modest returns, many investors are looking elsewhere. A $500 investment in the S&P 500, for example, could earn just $50 a year if the average 10% return holds up. For those willing to accept more risk, cryptocurrency continues to draw interest—especially XRP, which is now being […]

New Crypto Pact: Pakistan And Kyrgyzstan Double Down On Blockchain

Pakistan and Kyrgyzstan have taken another step toward closer ties in crypto and blockchain. According to reports, the two countries held a high-level virtual meeting this month. Related Reading: Crypto Explosion Ahead? CLARITY Act Could Push Market To $10-T — Cardano Founder Bilal Bin Saqib, Pakistan’s Minister of State for Crypto and Blockchain, spoke with […]

IMF Bows To Bitcoin—Global Economic Standards Overhauled

The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a tangible economic impact, including because it […]

In-Kind Bitcoin ETF Redemptions Are “A Bigger Deal Than You Think,” Says Expert

The US Securities and Exchange Commission on July 29 approved orders permitting in-kind creations and redemptions for Bitcoin and crypto exchange-traded products, reversing the cash-only constraint that governed January’s spot bitcoin launches and this spring’s ether funds. In a formal statement, the agency said bitcoin and ether ETPs “will be permitted to create and redeem […]

Finance Author Warns Of Great Depression Style Crash, Is Bitcoin The Answer?

Renowned financial educator and author of Rich Dad Poor Dad, Robert Kiyosaki, has issued a strong warning about the state of the US economy. He believes America is dangerously close to repeating the economic devastation of the 1929 crash, raising concerns for anyone whose retirement funds are heavily invested in stocks or bonds.  Great Depression […]