[ad_1] Brazilian football icon Ronaldinho Gaúcho has made headlines by actively promoting the mainstream adoption of cryptocurrency, sparking widespread discussion and excitement among his vast global following. Utilizing his influential status, Ronaldinho posed a compelling question on social media, “Time for crypto to go mainstream, who’s with me?” This direct appeal led to his message being viewed over 2.2 million times and retweeted thousands of times, indicating significant interest in his endorsement. Crypto Expert Issues Warning On Ronaldinho’s Endorsements A few days earlier, Ronaldinho announced a strategic partnership with Lingo, a platform that aims to merge the utility of reward…
Author: dfrancis36
[ad_1] A bad actor has reportedly hacked into rapper 50 Cent’s X account and stolen millions of dollars worth of crypto after promoting a pump-and-dump scheme. According to a new report by Fox Business, the rap artist says that his social media account was hacked by a scammer who made away with $3 million in under an hour. 50 Cent says that the fraudster used his account, which has 12.9 million followers, to promote a crypto token known as GUNIT – a reference to the popular hip-hop group he co-founded – causing an unknown amount of investors to purchase it.…
[ad_1] It feels like this year is going by at the speed of light, doesn’t it? I can hardly believe that it’s already June. Everyone is in vacation mode and ready to relax by the pool and forget the daily grind of work and taking care of a family.I completely understand the sentiment. Who doesn’t want to stop thinking about wallet-crushing inflation, high interest rates, credit card debt, and the sense that whatever you do you can’t advance in life? It almost feels like this whole system is rigged against you right?Well, it is, to be honest, but that’s a…
[ad_1] Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend. A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being introduced directly on the Solana network without requiring layer-2 networks. He claimed that this changes everything and every impression one has about Solana and scaling layer-1 networks. Mumtaz further explained what the ZK compression is really about. Related Reading He stated that they have…
[ad_1] Bitcoin might be experiencing tumultuous price action, but its fundamentals remain strong. Despite the risk of price falling in the short term, Standard Chartered, the global banking giant, has some bullish predictions for BTC. According to the bank’s emailed investment note, the world’s leading cryptocurrency could skyrocket to an eye-watering $150,000 by the end of 2024. Furthermore, their long-term forecast is that Bitcoin could peak at $250,000 in 2025. Standard Chartered Predicts Massive Bitcoin Price Surge The first half of 2024 is almost over and Bitcoin’s current price action has derailed more than many expected. However, analysts at Standard…
[ad_1] A new collaborative effort spearheaded by Lightning infrastructure company LNFi intends to accelerate the adoption of the Lightning Network. Leveraging the progress of novel protocols such as Taproot Assets and Nostr, the LN Alliance hopes to mobilize industry partners and contribute to standards around the growing Bitcoin ecosystem. A recent community discussion organized by UTXO Management highlighted the group’s ambition to promote the emergence of this new Lightning-based, interoperable, financial market. Behind this initiative, Darius from LNFi explained his motivation: “Today, the entire Lightning ecosystem is rather fragmented. There are all sorts of standards, protocols out there. The LN…
[ad_1] Ethereum is tracking lower when writing, sinking roughly 18% from March 2024 highs. Even though bears appear to be in control at spot rates, keeping the second most valuable coin below $3,700, confidence is high among analysts. ETH Futures Open Interest Rising On CME Taking to X, one of them noted that there are solid signs that institutions are positioning themselves to push prices higher. Citing rising open interest in Ethereum Futures at CME, a bourse, the analyst said it is highly likely that the “big money” is accumulating ETH, taking advantage of the recent correction. To reassert this…
[ad_1] Investment management firm VanEck has set a fee of 0.2% for its proposed spot ether exchange-traded fund (ETF), Reuters reported. This announcement, detailed in a US Securities and Exchange Commission (SEC) filing, comes at a time of significant regulatory advancements for cryptocurrency ETFs.Paving the Way for Ether ETFsLast month, the SEC approved applications from major exchanges such as Nasdaq, CBOE, and NYSE to list ETFs tied to the price of ether, the second-largest cryptocurrency by market capitalization. This important approval could allow these products to begin trading by the end of the year, offering new opportunities for investors.VanEck is…
[ad_1] In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians — and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged by the US State Department to “malignly” influence local and state authorities — a branch of the Chinese People’s Association for Friendship with Foreign Countries and part of the United Front Work Department (UFWD) responsible for “co-opting and neutralizing threats to the party’s rule and spreading its influence and…
[ad_1] In the last 24 hours, the Bitcoin (BTC) price fell by up to 4.8%, plummeting to a new low of $60,601 after trading above $64,000 just a day earlier. This decline can be attributed to a combination of factors, including developments from the Mt. Gox saga, a significant liquidation of long positions, and ongoing miner capitulation. #1 Mt. Gox News Shakes Market Confidence The sudden and steep decline from $62,900 to $60,601 in Bitcoin’s price coincided closely with a new announcement from the trustees of the defunct Bitcoin exchange, Mt. Gox. This exchange, central to one of the earliest…