Peter Thiel's Founders Fund Invests $200M in Bitcoin and Ethereum

The cryptocurrency market is experiencing a mix of signals, with Bitcoin and Ethereum showing contrasting trends. Bitcoin has been trading sideways arThe Ethereum Shanghai testnet has officially gone live, allowing developers to test and rehearse the upcoming Ethereum upgrade on the blockchain. TheEthereum (ETH) bulls are eyeing a breakout as miners accumulate and the cryptocurrency's price approaches a key resistance level. According to CoinDesTraditional finance (TradFi) giants are embracing cryptocurrency, with major players like BlackRock and Fidelity investing in digital assets. This shi

Changpeng Zhao, the founder of cryptocurrency exchange Binance, has pleaded guilty to charges of conspiracy to commit wire fraud and conspiracy to comA New York court has ordered Tether, a stablecoin issuer, to provide documents in a lawsuit against Bitfinex and Poloniex, two cryptocurrency exchangeGrayscale's Bitcoin ETF approval is expected to trigger a rally in the cryptocurrency market, according to a report by CoinDesk. The SEC has not yet aARK Invest, a leading investment management firm, has released a report predicting a bright future for Bitcoin and blockchain technology. According to

The Indian government has sent notices to several cryptocurrency exchanges, including Binance, KuCoin, and OKX, requesting that they comply with the cBitcoin's price has been on a tear recently, with some analysts predicting that it could reach as high as $53,000 in the near future. However, others"The recent conviction of Alexander Sterlingov, the founder of cryptocurrency mixer Bitfinex, has brought attention to the role of crypto in money lauThe recent surge in Ethereum staking has yielded high returns for investors, with some generating up to 21% annualized returns. This influx of capital

Wormhole Network, a decentralized finance (DeFi) platform, has announced the launch of its token, tBTC, on the Ethereum blockchain. This move marks a"Garry Kasparov, the former world chess champion and current chairman of the Human Rights Foundation, has spoken out about the potential of cryptocurrBinance, the world's largest cryptocurrency exchange by volume, has announced its plans to expand to South Korea and launch a local branch. AccordingDigihost Holdings, a Canadian company focused on crypto mining, has seen positive developments in its operations, despite the current market downturn.

Federal Reserve Chairman Jerome Powell said on Tuesday that inflation expectations "reversed" in January, as the consumer price index (CPI) rose 1.6%The price of Bitcoin has surged to over $40,000 in recent weeks, as investors seek shelter from inflation and a potential economic downturn. AccordingThe optimal allocation for Bitcoin investment in 2023 is expected to be 19.4%, according to a recent report by ARK Investment Management. The report sIn a surprise move, Commodity Futures Trading Commission (CFTC) Commissioner Dawn DeBerry Stump resigned on Friday, just days after the Bahamas-based

According to a recent report by Chartered, the price of Bitcoin is expected to reach $100,000 by the end of 2024, driven by increased institutional inThe Greed Index, a measure of investor sentiment in the cryptocurrency market, has reached a record high of 59, indicating a strong sense of "greed" aThe recent surge in cryptocurrency mining has raised concerns about its environmental impact. According to a report by Deutsche Bank, the annual energCreditors of Genesis, a cryptocurrency trading platform that filed for bankruptcy in January, have accused FTX, a cryptocurrency exchange, of manipula