Jim Bianco Questions the Strategic Use of Bitcoin in National Reserves
Jim Bianco warns that government-held Bitcoin reserves could undermine decentralization, leading to price manipulation and control.
Market News
ARK Invest Resumes Coinbase Stock Purchases Amid Market Volatility
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Bitcoin
Bitcoin
ARK Invest resumes Coinbase stock purchases as Bitcoin dips below $50,000. The firm also acquires Robinhood shares despite market volatility.
Cardano Founder Responds to Criticism with Confidence in Blockchain’s Design
Charles Hoskinson defends Cardano's design amid criticism, highlighting its growth, technological advancements, and ecosystem resilience.
Binance Surges with $1.2B Net Inflow Amid Turbulent Market
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Binance
Binance
Binance has received a net inflow of $1.2 billion in 24 hours which is one of the highest single-day inflows for 2024, indicating strong investor confidence.
Metaplanet to Raise ¥10.08 Billion for Bitcoin Acquisition Amid Growing Investor Interest
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Bitcoin
Bitcoin
Metaplanet to raise ¥10.08 billion for Bitcoin acquisition, offering Stock Acquisition Rights to shareholders for strategic growth.
Binance Challenges $86 Million Tax Notice from Indian Authorities
Binance challenges an $86M tax notice from India's DGGI, highlighting regulatory challenges for international crypto exchanges.
Top Asset Managers Hold Bitcoin Despite Market Crash; Confidence in Crypto Remains Strong
Despite the August 5 crypto downturn, BlackRock, Fidelity, Grayscale, and MicroStrategy held firm, highlighting their confidence in Bitcoin.
SEC Seeks Court Dismissal of Coinbase’s Subpoena Request
SEC opposes Coinbase’s subpoena for internal documents on crypto regulation, calling the request irrelevant and overly broad.
BlackRock and Fidelity’s Crypto Moves Defy Market Panic Selling
Hedge funds increase Ethereum and Bitcoin ETF holdings, signaling institutional confidence despite retail panic selling.
Rho Markets Faces $7 Million Exploit Amid Ethereum Layer 2 Expansion
Rho Markets, a major Ethereum Layer 2 protocol, suffers a $7.5 million exploit due to an Oracle misconfiguration, affecting user funds.
Fed’s Emergency Meeting: Will a 50 Basis Points Rate Cut Calm Global Market Chaos?
The Fed's emergency meeting aims for a 50bps rate cut as global markets, including Bitcoin, face severe downturns. Will this calm the chaos?
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