Winklevoss twins become co-owners of Bitcoin soccer club, inject $4.5M BTC

The Winklevoss twins, Cameron and Tyler, have become co-owners of Real Bedford Football Club (RBFC) following their investment of approximately 4.5 million dollars in Bitcoin (BTC). This investment was made to strengthen RBFC’s financial resources and support its objectives. In the year 2021, McCormack gained ownership of Bedford’s football team, a town with approximately 200,000 … Read more

Litecoin ‘beats’ Bitcoin – Here’s what it means for its $100 price target

LTC’s share of the global payments was 39% in March, followed by Bitcoin at 25%. LTC’s growth stagnated in the last month, causing a decline in its Open Interest. In March, Litecoin (LTC) emerged as the favored digital currency for transactions, surpassing Bitcoin [BTC] and other significant assets. Litecoin extends winning streak According to BitPay, … Read more

Ethereum rises 7%: Can whales push ETH’s price to $4K now?

ETH was up by nearly 7% in the last seven days. Whales have increased their accumulation over the past week. Last week saw a surge in Ethereum‘s [ETH] value, pushing it well above the $3,500 threshold. This uptrend appears promising, with major investors reportedly accumulating larger stashes of ETH, which could potentially lead to further … Read more

Binance effect: TAO jumps 26% before pulling back, but why?

The exchange listing triggered a price increase before the momentum slowed down. The sentiment around TAO remained highly positive. After Binance revealed the addition of Bittensor’s TAO token to its listings on the 11th of April, the token’s value surged from $576 to reach a peak of $725. Yet, despite this initial success, TAO’s price … Read more

Chinese Bitcoin miners are a Trojan Horse in US crypto infrastructure

Cryptocurrencies, led by Bitcoin (BTC), are rapidly gaining significance in the US economy and financial markets. The introduction of exchange-traded funds (ETFs) has opened up access to this asset class for a large number of new investors, resulting in an increase in Bitcoin’s value. This development is usually positive as it broadens the reach and … Read more