March 2024

Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires

Grayscale Launches Proof-of-Stake Investment Fund for Accredited Millionaires

Last updated: March 30, 2024 10:37 EDT | 2 min read Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our

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Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017

Multicoin Capital’s Crypto Hedge Fund Posts Staggering 9,281% Growth Since 2017

Last updated: March 30, 2024 06:16 EDT | 2 min read Crypto-focused hedge fund Multicoin Capital has delivered extraordinary returns to its investors, exceeding 9,000% since its launch in 2017.  In its annual investor letter, the fund revealed that after experiencing significant losses in 2022 that nearly wiped out its value, Multicoin Capital’s fortunes have

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Bitcoin Price Prediction as BTC Dips Below $70,000 Resistance – Time to Buy the Dip?

Bitcoin Price Prediction as BTC Dips Below $70,000 Resistance – Time to Buy the Dip?

Last updated: March 30, 2024 03:33 EDT | 4 min read Bitcoin Price Prediction Bitcoin’s Accelerated Market Climb Challenges Microsoft’s Valuation Bitcoin’s growth trajectory from 2023 to 2024 suggests it could surpass Microsoft in market valuation within the next year. Reaching a record high of $73,679 in March 2024, Bitcoin’s price soared by over 140%

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Binance Executive Takes Legal Action Against Nigerian Authorities: Report

Binance Executive Takes Legal Action Against Nigerian Authorities: Report

Tigran Gambaryan, a top executive at Binance, has taken legal action against the Office of the National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC) in Nigeria. According to a Reuters report, Gambaryan, an American citizen, has filed a Fundamental Rights suit alleging wrongful detention by Nigerian authorities. Unjust Detention and Court

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Binance-Linked HKVAEX Withdraws Hong Kong License

Binance-Linked HKVAEX Withdraws Hong Kong License

The Hong Kong-based crypto exchange HKVAEX, reportedly associated with Binance, withdrew its license application from the Securities and Futures Commission of Hong Kong (SFC) on March 28th. HKVAEX announced its intention to apply for a license in October last year while clarifying that it operates as a distinct entity from Binance under BX Services Limited

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MicroStrategy Shares Trading at an ‘Unjustifiable Premium’ to Bitcoin: Report

MicroStrategy Shares Trading at an ‘Unjustifiable Premium’ to Bitcoin: Report

Kerrisdale Capital has argued in a recent report that MicroStrategy’s shares have become overvalued. “We are long Bitcoin and short shares of MicroStrategy, a proxy for Bitcoin which trades at an unjustifiable premium to the digital asset that drives its value,” the company stated. MicroStrategy’s shares witnessed a notable 14% decline on Thursday following the

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Entangle to Launch Fastest Cross-Chain Messenger in Web3

Entangle to Launch Fastest Cross-Chain Messenger in Web3

[PRESS RELEASE – London, England, March 29th, 2024] Entangle is pleased to announce that its Photon cross-chain messenger, recently tested in preparation of the Entangle mainnet release, is currently the fastest cross-chain messenger in the Web3 ecosystem. Photon messaging distinguishes itself from other cross-chain communication protocols through the key innovation of transmitter Agents. Through the

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CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action

CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action

Last updated: March 29, 2024 16:34 EDT | 2 min read CFTC Commissioner Caroline D. Pham issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action” following the agency’s KuCoin charges, saying it might “infringe upon the SEC’s authority.” While Pham commended the independent government agency’s “vigilance” in “protecting” U.S.

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