After the U.S. investment advisor Vanguard chose not to offer spot bitcoin exchange-traded funds (ETFs), its CEO Tim Buckley, in a recent discussion, described bitcoin as a speculative asset, unfit for inclusion in long-term investment portfolios. Vanguard’s CEO Confirms: No Change in Bitcoin ETF Policy, Cites Speculation Concerns Reaffirming Vanguard’s perspective on bitcoin during a […] This news is republished from another source. You can check the original article here
Author: Web3 Daily Press Staff
Litecoin (LTC) gets a bearish rating from InvestorsObserver Friday. The Digital Money asset is down 8.1% to $87.68 while the broader crypto market is down 6.48%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Litecoin price is currently below support. With support set around $91.17 and resistance at $98.83, Litecoin is potentially…
Shiba Inu (SHIB) supporters have eagerly anticipated the moment when the cryptocurrency could surpass Dogecoin (DOGE) in terms of market valuation, with SHIB often touted as a potential “Dogecoin killer.” Recent fluctuations in both assets’ prices and market caps have reignited speculation among investors about the possibility of Shiba Inu reaching and exceeding Dogecoin’s market cap. Over the past week, Dogecoin has seen marginal growth, increasing by less than 0.5%. In contrast, Shiba Inu has experienced a modest uptick of 3% during the same period. However, trading volumes for both cryptocurrencies have not been favorable, with Shiba Inu witnessing a…
VeChain (VET) has seen a significant rally over the past week. The asset is up by 13.9% in the weekly charts, 47.9% in the 14-day charts, and 61.5% over the previous month. Moreover, VET’s price has risen nearly 45% since February 2023. Source: CoinGecko Also Read: VeChain: Leading US Exchange May Integrate VET Amid Increased Interest VET’s latest rally could be due to the project’s V3TR trademark registration in the United States. The project aims to enter the financial transactions sector, covering billions in value. If VeChain (VET) reaches $2, you will need 500,000 tokens to have one million dollars…
In an unprecedented move that marks a significant milestone for the crypto and blockchain industry, Tether has announced a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP) of Uzbekistan. This partnership is set to ignite a wave of technological and economic transformation in the region, leveraging the power of blockchain and stablecoins to create a new digital economic ecosystem. On the other hand, there has been an ever-increasing interest in AI cryptocurrency ICOs like InQubeta. Tether’s Strategic Move in Uzbekistan Tether’s collaboration with NAPP signifies a major step towards the adoption and integration of blockchain technology…
The United States SEC has charged SafeMoon, a Decentralized Finance (DeFi) platform and some of its executives in the U.S. District Court for the Eastern District of New York, for their involvement in a massive fraud scheme.SEC Charges SafeMoon: the AllegationsSafemoon executives including its creator Kyle Nagy, the companies’ Chief Executive Officer (CEO) John Karony, the Chief Technology Officer Thomas Smith, and SafeMoon US LLC were all named as defendants in the lawsuit. According the terms of the SEC charges against SafeMoon, the defendants participated in the unregistered sales of the crypto asset security, “SafeMoon”.According to the SEC filing, the…
The Polkadot (CRYPTO: DOT) cryptocurrency has climbed from less than $6.50 to more than $10.50 per token in six short weeks. It’s trading at prices not seen since the spring of 2022. Is it too late to jump aboard the Polkadot bandwagon, or does the cryptocurrency have greater gains ahead?There’s no such thing as a guaranteed winner in any investing market, and particularly not in the volatile cryptocurrency class. That being said, I’m convinced that Polkadot is only starting a long and lucrative success story. In fact, Polkadot is the largest holding in my crypto portfolio, and I’m still tempted…
Kero, an NFT artist, has gathered over $10 million in investments for a new Solana-based memecoin, SNAP. This fundraising effort came in under 24 hours, leveraging the power of social media to engage a broad audience. Kero’s decision to initiate a coin on Solana was backed by a poll on X, where 5,000 participants encouraged the launch.The call to action involved posting a wallet address that quickly attracted nearly 55,000 SOL, equivalent to approximately $10.4 million. The memecoin, named SNAP in tribute to Kero’s original meme character Coco, a crocodile, echoes the iconic Pepe the Frog in style. This character…
© Reuters. Whopping $33.8 Million Worth Of Dogecoin Shifted To Robinhood — And People Suspect This Person Could Be Behind It Benzinga – by Bibhu Pattnaik, Benzinga Staff Writer. The cryptocurrency community is abuzz with speculation following a staggering 118.4 million Dogecoin (CRYPTO: DOGE) transfer to the investment platform Robinhood. This transaction, reported by the Whale Alert on X on Friday, is part of a larger movement totaling approximately 200 million DOGE to Robinhood over the past two days. 118,402,438 #DOGE (19,752,398 USD) transferred from unknown wallet to #Robinhoodhttps://t.co/uxITCxNcR8— Whale Alert (@whale_alert) March 15, 2024 The massive influx of DOGE…
Mozaic Finance, a decentralized finance (defi) platform, suffered a security breach leading to a loss of $2.4 million. The heist, which was traced back to a compromise in their private key infrastructure, underscores the escalating worries regarding security within the global defi ecosystem. The breach, which caused a $2.4 million loss, targeted the Arbitrum chain on Mozaic, a layer 2 scaling solution for Ethereum (ETH) designed to enhance scalability and efficiency. MOZAIC SECURITY INCIDENTWhat Happened• About 12 hours ago, ~$2M in funds from the Mozaic vaults were drained by a malicious actor• This individual was a Mozaic developer who had…