Ripple gets access to Binance’s records amid SEC securities case
Ongoing litigation between Ripple and the US Securities and Exchange Commission (SEC) took another turn this week when Ripple gained access to Binance internal documents and other companies’ documents. CEO Brad Garlinghouse may have acted outside the scope of the SEC’s jurisdiction, according to the documents, which could be crucial evidence. Judge Sarah Netburn of […]
Bitcoin’s bullish options strategy aims for $50,000 without the risk of liquidation
Bitcoin’s Long Condor options strategy allows traders to place bullish bets without taking on liquidation risks. Long-dated Bitcoin options and bulls continue to make headlines with their ultra-bullish bets, but even they must admit that the likelihood of (BTC) trading above $60,000 in the next few months is remote at this point. While many traders […]
Ray Dalio, a billionaire, likes Bitcoin but prefers gold
Dalio believes that gold is a good inflation hedge, but he also has some Bitcoin in his portfolio. Ray Dalio Hedge fund manager says he’s still bullish on Bitcoin , but he has a stronger preference for gold than the cryptocurrency. Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very […]
Fidelity invests $20 million in Marathon Digital Holdings to acquire a 7.4 percent stake
The shares bought by the $20 million invested in Marathon was received by Four Fidelity index-based funds. Fidelity Investments , a global financial services firm, announced the acquisition of a 7.4 percent stake in Marathon Digital Holdings, a major North American mining company. Marathon currently operates 19,000 miners, with an additional 100,000 machines scheduled to […]
Uruguay and Colombia Take Steps to Regulate Bitcoin
Uruguayan and Colombian senators have introduced legislation with the goal of establishing a more secure Bitcoin market in their respective countries. Uruguay has joined the recent wave of governmental measures in Latin America to regulate the Bitcoin and cryptocurrency industries, just as Colombia is updating its existing crypto framework. Yesterday, Uruguayan businessman and Senator Juan […]