Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling.
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4 Key Bitcoin Metrics Show Not All Hope Is Lost for BTC Price
Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return of over 11%.Cryptocurrency market daily performance. Source: Coin360The recent market turmoil, whether in traditional markets or the…

Guggenheim CIO: ‘Speculative frenzy’ to die down, but $400k target still on
While some traders have gotten mixed signals, Guggenheim's Scott Minerd is taking the long view. 2419 Total views 10 Total shares In an interview with Bloomberg Markets on Friday, Guggenheim Partners’ chief investment officer Scott Minerd clarified his seemingly contradictory views on Bitcoin’s potential, and revealed that select Guggenheim private funds have invested in the…

A Partner at Binance Labs Expresses Optimism Over Facebook’s Entry Into Crypto With Libra
Speaking to Cointelegraph at Blockchain Week Rome, Teck Chei, partner at Binance Labs, said that he sees Facebook’s Libra Project at a step forward for crypto and increasing public awareness. In Chei’s own words: “I think having a company like Facebook, with such tremendous reach and distribution, into all different countries around the world – having them…

Robinhood Q1 crypto trading surges 224% — SEC action ‘disappointing’
Robinhood’s crypto services contributed to nearly 40% of the firm’s transaction-based revenue and helped the firm produce a net profit for the second straight quarter.

P2P.org touts revenue share as EigenLayer operators vie for restakers
P2P.org aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards.

Bargain? World Wide Web’s source code NFT sells for $5.4M at Sotheby’s
The inventor of the World Wide Web, Sir Tim Berners-Lee, has sold an NFT of the web's source code for $5.4 million at fine art auction house Sotheby’s. The piece titled ‘This Changed Everything’ includes a time-stamped file of the source code's 9,555 lines, a high-fidelity image, a 30-minute animation of the code being written,…

Billionaire Bill Ackman calls for crypto clarity in New York
Billionaire Bill Ackman has called upon the city authorities to ensure that more innovators don’t migrate because of the regulatory hurdles. 64 Total views 11 Total shares Billionaire investor Bill Ackman has called upon New York City mayor to look into the crypto regulatory clampdowns associated with BitLicense.A New Yorker shared his aghast on Twitter…

Consolidation and centralization: How Europe’s new AML regulation will affect crypto
According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Details remain scarce, but it is known that the initiative involves Germany, Spain, Austria, Italy, Luxembourg and the Netherlands. The group is working on “the remit…