A16z, Coinbase and Circle have invested nearly $80 million to lobby pro-crypto political leaders ahead of the 2024 elections. The influx of cash comes as sentiments toward cryptocurrencies appear to sour, in part due to the efforts of Senator Elizabeth Warren. Political allies could boost confidence for crypto retailers, even as big investors anticipate the […]
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Grayscale Investments reveals the resignation of Barry Silbert, founder and CEO of Digital Currency Group (DCG), Grayscale’s parent company. In an official statement issued on December 26, Grayscale Investments, the leading cryptocurrency investment firm and operator of the Grayscale Bitcoin Trust, announced significant changes to its board of directors. Barry Silbert, founder and CEO of […]
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Crypto exchange Mt. Gox appears to be starting to pay out customers who lost 850,000 bitcoins (BTC), now valued at around $36 billion, on Tuesday. Mt. Gox, the infamous Bitcoin exchange that suffered a major hack more than a decade ago, has reportedly finally begun the process of refunding its customers for the lost 850,000 […]
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The US launch of derivative products such as Bitcoin spot ETFs could finally allow institutions to invest directly in a derivative representing 100% BTC. Institutional investors were one of the drivers of crypto markets during the last big bull run, and they could be even more so in 2024. Institutional investors are understood to be […]
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Pentoshi, the pseudonym of a crypto analyst who works with Merit Circle, recalls his bullish stance (“bullish tweeting”) on the Bitcoin ETF (BTC) when Bitcoin was priced between $25,000 and $28,000. This historical reference sets the stage for his current predictions regarding Ethereum. In a post on the social media platform X (formerly known as […]
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