Peter Schiff Warns of Rising US Inflation
Peter Schiff argues that inflation is also linked to money creation during Trump’s presidency, not just Biden’s policies. Recently, Peter Schiff, a critic of Bitcoin, expressed his concern about the high inflation rates currently observed in the United States. Schiff stated that policies enacted prior to Joe Biden’s presidency can link to the inflationary pressures […]
BlackRock Bitcoin, Ether ETFs Surpass Grayscale in AUM
BlackRock’s funds now hold a combined $21.22 billion, slightly more than Grayscale’s $21.20 billion. For the very first time in history, the Bitcoin and Ethereum exchange-traded funds (ETFs) offered by BlackRock have now overtaken the ETF offerings provided by Grayscale in terms of assets under management (AUM). BlackRock’s IBIT and ETHA have seen substantial inflows […]
Bitdeer Expands with $150M Convertible Notes Offering
The notes carry an 8.5% annual interest rate, and Bitdeer plans to use the proceeds for business expansion and general corporate purposes. Bitdeer Technologies Group, a cryptocurrency mining company based in Singapore, has announced that it intends to expand its data center and create ASIC-based mining rigs through a proposed public offering of convertible notes […]
Ethereum ETF Outflows Surge, ETH Signals Sell
On August 15, spot Ethereum ETFs had a $39.2 million net outflow, with Grayscale’s Trust losing $42.5 million. The Ethereum (ETH) market is experiencing increased selling pressure, as the most recent statistics revealed significant outflows from ETH exchange-traded funds (ETFs). Furthermore, prominent ETH whales have triggered a significant sell-off in the market. This event comes […]
Binance Labs Invests in Sahara AI Network
The investment attracted several major players including Binance Labs, Polychain Capital, Pantera Capital and SamsungNext. The most recent information from Binance Labs indicates that the company has invested in Sahara AI, a blockchain platform for decentralized artificial intelligence that fosters open and egalitarian AI. This investment has created a significant buzz within the industry. Artificial […]