Author: cointechies

Strive Asset Management, led by billionaire entrepreneur and politician Vivek Ramaswamy, has filed a proposal with the US Securities and Exchange Commission (SEC) to launch an exchange traded fund (ETF) focused on Bitcoin-linked convertible bonds. This product, the Strive Bitcoin Bond ETF, is intended to provide retail and institutional investors with simplified access to financial instruments linked to the performance of Bitcoin. A new approach to Bitcoin investing In a Dec. 27 announcement on social platform X, Strive Asset Management said: “Strive’s first of many planned Bitcoin solutions will democratize access to Bitcoin bonds and make these high-potential instruments accessible…

Philomena Cunk is back and tackling the greatest subject of all: life itself. The mockumentary queen of silly profundity will return with Cunk On Life, a brand new series guaranteed to make audiences laugh, cringe, and possibly his questions one’s own intelligence. Here’s everything we know about this next chapter in the Cunk universe, with a dash of sass and a hefty dose of irreverence. Cunk 101: Who is Philomena Cunk again? For the uninitiated (seriously, where have you been?), Philomena Cunk is the delightfully obtuse creation of British comedian Diane Morgan. First appearance on Charlie Brooker’s Weekly WipeCunk quickly…

One of Solana’s co-founders, Stephen Akridge, is embroiled in a legal dispute with his former wife Elisa Rossi over alleged misappropriation of proceeds from lucrative SOL tokens. According to a lawsuit filed in San Francisco Superior Court, Rossi has accused Akridge of stealing “millions of dollars” worth of staking rewards from her digital wallet. According to Bloomberg report, the complaint alleges that Akridge exploited his superior knowledge of cryptocurrency and blockchain to secretly divert their betting income. Staking is a process in which crypto holders pledge their assets to validate blockchain transactions and earn additional tokens in return. Rossi’s lawsuit…

Ethereum co-founder Vitalik Buterin has made a significant donation of 10 million Thai baht (approximately $292,000) to the Khao Kheow Open Zoo in Thailand. The donation is part of his commitment to support wildlife conservation, particularly the promotion of Moo Deng, a pygmy hippopotamus who became an internet sensation in 2024. Buterin’s generous gesture will fund the zoo’s operations, enhance exhibits and support the wildlife sponsorship program. A warm gesture of gratitude The donation, announced on December 26, 2024, is a sign of Buterin’s deep appreciation for Thailand’s hospitality at Ethereum-related events, particularly the Devcon SEA conference in November in…

A widely followed crypto strategist and trader issues a warning on Bitcoin as BTC hovers around $94,000. Pseudonymous crypto trader Altcoin Sherpa shares with his 236,300 followers on the social media platform “BTC monthly doesn’t look good, but it’s not the worst either. Neutral and there are still a few days until then.” Source: Altcoin Sherpa/X The analyst also warns that Bitcoin could continue to trade in a range between around $99,000 and $92,000 before a new trend emerges in one direction or the other. “BTC doesn’t play in the middle. This is a bad place to open longs and…

As Bitcoin continues to attract growing interest from retail and institutional investors, the cryptocurrency is showing signs of continued momentum as we enter the new year. Kristin Smith, CEO of the Blockchain Association, recently spoke about the increasing demand for Bitcoin, highlighting its increasingly important role in the global economy. People are holding more Bitcoin, says Smith In an appearance on CNBC’s “Squawk Box” on Dec. 26, Smith emphasized that people want to hold more Bitcoin by 2025, citing a shift in attitudes toward the cryptocurrency. “People want to hold more Bitcoin, not less,” she explained. “The change in leadership,…

The 2024 US election proved to be a game-changer for cryptocurrency leaders as key players in the industry recorded extraordinary financial gains. The election results, particularly former President Donald Trump’s victory and his pro-crypto stance, have sparked a surge in the cryptocurrency market and led to a notable rise in the personal wealth of several crypto moguls. Brian Armstrong from Coinbase: A billion dollar profit Coinbase CEO Brian Armstrong is seen as one of the biggest beneficiaries of the election results. His company, which played a significant role in the 2024 political campaign, saw its market value increase by $21…

Dogecoin (DOGE) has caught the attention of traders as its latest chart patterns suggest another explosive rally is on the way. Dogecoin is struggling to maintain its dominance above the $0.30 price level after plunging 7.5% over the past week. However, analysts believe that a trend reversal is imminent. In a post on X, trader Tardigrade shared insights into Dogecoin’s annual and weekly price movements. He pointed to historical cycles and technical signals that point to a clear uptrend on the horizon. The annual harmonious pattern The annual chart shows a striking harmonic pattern that divides Dogecoin’s market history into…

BitMEX co-founder Arthur Hayes predicts that Bitcoin (BTC) will reach an astronomical peak this market cycle. In a new interview with Coinstelegram CEO Anna Tutova, Hayes says Bitcoin could reach seven figures in about a year due to a massive expansion of the money supply by governments. “I believe we can get to $1 million at the end of the cycle – $1 million… bBecause the amount of money that will be printed will be absolutely insane as every government around the world is doing the same thing, which is printing money to keep my people happy because global growth…

Ripple, the company behind the cryptocurrency XRP, is expected to release 1 billion XRP tokens from escrow on January 1, 2025. This routine monthly release is an important part of Ripple’s management of the XRP supply and is closely watched by investors. The unlocking, which is currently estimated to total over $2 billion, will occur via three separate transactions: 200 million XRP, 300 million XRP and 500 million XRP. These tokens represent approximately 1.74% of the current circulating supply of 57.25 billion XRP and 2.63% of the remaining 38 billion XRP held in Ripple’s escrow accounts. Ripple uses the escrow…