MLM Network Zone

Legendary trader Peter Brandt predicts the bitcoin-to-gold ratio could triple to 100 oz, implying a 230% bitcoin price increase to over $234,000. bit.ly/3f7o14k http://dlvr.it/T7frBJ

The CEO of Samara Asset Group sees a wide open playing field for Bitcoin and emerging fund managers. bit.ly/3f7o14k http://dlvr.it/T7djjX

Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a settlement with Genesis and other creditors, ensuring that Earn users will receive 100% of their digital assets back […] from Bitcoin News https://ift.tt/xJnuIVG via IFTTT

PRESS RELEASE. UXLINK, a leading Web3 social platform and infrastructure provider, has reported a significant increase in profits, driven by its innovative business model and expanding ecosystem. For Users: UXLINK offers a platform where users can socially discover, participate in, and trade crypto assets through group interactions. This approach enhances user engagement and community building. […] from Bitcoin News https://ift.tt/qu93UZV via IFTTT

Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have climbed in 2024, Binance researchers say stakeholders across the ecosystem are poised to redefine Bitcoin’s infrastructure […] from Bitcoin News https://ift.tt/9sfUFJ8 via IFTTT

In a conversation with Bitcoin Magazine, Semler Scientific’s chairman shared that he admires what Michael Saylor has done with MicroStrategy’s bitcoin treasury but noted that he is a bit more tempered in his approach. bit.ly/3f7o14k http://dlvr.it/T7cKkd

Goldman Sachs' head of digital assets calls Bitcoin ETFs an "astonishing success", signaling a pivot after years of Bitcoin skepticism from the Wall Street giant. bit.ly/3f7o14k http://dlvr.it/T7cKHw

The Bitcoin 2024 CLE program has been approved for 7.25 hours of accreditation in Tennessee. bit.ly/3f7o14k http://dlvr.it/T7cK29

Mastercard says wider availability will roll out to more than 7 million users across participating exchanges. bit.ly/3f7o14k http://dlvr.it/T7b8Vm

A federal judge has ordered the U.S. Securities and Exchange Commission (SEC) to pay over $1.8 million in its case against the crypto firm Digital Licensing, also known as Debt Box. The penalty resulted from the SEC’s bad faith conduct in obtaining and defending an ex parte temporary restraining order (TRO) based on misrepresentations. Additionally, […] from Bitcoin News https://ift.tt/neHIlxc via IFTTT

Payments giant Paypal has made Paypal USD (PYUSD) available on the Solana blockchain, making the stablecoin “faster and cheaper to use.” Platforms like Crypto.com, Phantom, and Paxos are among the first to offer PYUSD on Solana, alongside Paypal and Venmo wallets. Paypal Makes PYUSD Available on Solana Blockchain Paypal Holdings Inc. (Nasdaq: PYPL) announced at […] from Bitcoin News https://ift.tt/ztHOY7a via IFTTT

Blocksquare, a real estate tokenization protocol, has announced that it has tokenized $100 million in properties across various sectors. The team believes this marks a significant advancement in the digital real estate market, facilitated by the launch of their new decentralized finance (defi) platform, Oceanpoint v0.5. From Hotels to Healthcare: Blocksquare Tokenizes $100 Million in […] from Bitcoin News https://ift.tt/pdgBD1b via IFTTT

Nine years to the day after his life sentence, Ross Ulbricht’s controversial case may finally see a turn as Trump pledges to commute the sentence of the Bitcoin pioneer. bit.ly/3f7o14k http://dlvr.it/T7YnxH

The New York Stock Exchange plans to launch options contracts tied to the CoinDesk Bitcoin Price Index, marking another major traditional finance player entering the Bitcoin space. bit.ly/3f7o14k http://dlvr.it/T7Ynbk

The US Department of Justice (DoJ) says it plans to bring "substantial" evidence against the developers while US senators argue that they did nothing wrong. bit.ly/3f7o14k http://dlvr.it/T7XbvX

According to the latest statistics, U.S. spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows. Notably, during a third of those days, Grayscale’s Bitcoin Trust (GBTC) faced outflows and neutral activity. Conversely, Blackrock’s IBIT saw inflows on most of the ten trading days. Blackrock’s IBIT and Grayscale’s GBTC Neck and Neck in […] from Bitcoin News https://ift.tt/GqF9bJr via IFTTT

PRESS RELEASE. Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into LayerZero’s cross-chain interoperability protocol. This significant development allows TRON ecosystem developers to seamlessly expand their applications to over 70 other networks supported by LayerZero. LayerZero […] from Bitcoin News https://ift.tt/7OFfSoy via IFTTT

The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian anti-graft agency urged residents to respect the naira and avoid ridiculing it. The EFCC […] from Bitcoin News https://ift.tt/GNV20rh via IFTTT

The London-based digital bank Kroo has barred its clients from engaging in cryptocurrency transactions, joining other U.K.-based banks in this decision. The bank cites the increasing cases of online fraud incidents involving cryptocurrencies as the reason for this move. Kroo to Decline Cryptocurrency-Related Bank Transfer Requests London-based digital bank Kroo has barred its customers from […] from Bitcoin News https://ift.tt/GUI3rtq via IFTTT

Another publicly traded company adopts BTC as its primary treasury reserve asset. bit.ly/3f7o14k http://dlvr.it/T7WQpJ

An interview with Graphite Method (Vincent D’Onofrio & Laurence Fuller) by art historian Steven Reiss, about their latest artwork ‘No Fear, No Greed, No Envy’ created using Inscriptions. bit.ly/3f7o14k http://dlvr.it/T7W1Sl

An interview with Lisa of Base58 & Bitcoin++ about the opportunities of Bitcoin education. bit.ly/3f7o14k http://dlvr.it/T7W1D2

Bitcoin exchange-traded products from WisdomTree and 21Shares begin trading on the London Stock Exchange, marking the first regulated Bitcoin ETPs listed in the UK. bit.ly/3f7o14k http://dlvr.it/T7VZx8

Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […] from Bitcoin News https://ift.tt/GvS6LOI via IFTTT

Argentine officials of the CNV, the country’s equivalent to the U.S. SEC, and Salvadoran officials of the CNAD, the National Commission for Digital Assets, met on May 23 to discuss bitcoin regulation and adoption issues. This meeting was the second between these two institutions and hints at a possible regulation agreement between the two countries. […] from Bitcoin News https://ift.tt/PUX61z7 via IFTTT

The price of bitcoin has exceeded $70,000, increasing by 2.1% during today’s trading sessions. This latest rise led to the liquidation of $27.75 million in bitcoin short positions. Bitcoin Trades Above $70K, Leading to Multi-Million Dollar Liquidations Bitcoin (BTC) is up 2.1% today and 3% over the past seven days. The price has also risen […] from Bitcoin News https://ift.tt/VbATzLZ via IFTTT

Rich Dad Poor Dad author Robert Kiyosaki has warned investors about the bond market crashing, urging them to invest in “safer real assets,” like bitcoin, before their prices “explode.” He criticizes financial planners for promoting bonds as safe investments, predicting significant losses for investors when AAA bonds and commercial real estate crash. Meanwhile, Kiyosaki expects […] from Bitcoin News https://ift.tt/LgAZnzt via IFTTT

The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of Representatives and Senate despite a prior White House veto threat. Biden Faces Veto Deadline The resolution to overturn the U.S. […] from Bitcoin News https://ift.tt/SlLhf2m via IFTTT

The Central Bank of Brazil announced the postponement of the completion of the drex pilot, the Brazilian CBDC, due to the inefficiency of the privacy solutions presented for the project so far. The pilot will have a new phase, finalized in 2025, and will also feature the implementation of smart contracts to nurture use cases […] from Bitcoin News https://ift.tt/5fuUPZe via IFTTT

In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’ Net Short Positions in Bitcoin and Ether Futures Amid Market […] from Bitcoin News https://ift.tt/wFnvd5K via IFTTT

Standard Chartered says markets will look ahead to exchange-traded funds (ETFs) of cryptocurrencies other than bitcoin and ether, but “this is likely a 2025 story.” They believe that the SEC approving spot ethereum ETFs suggests that the securities watchdog does not view ether as a security and that other coins similar to ether will also […] from Bitcoin News https://ift.tt/l8pyT6b via IFTTT

Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid concerns over the U.S. dollar due to federal budget deficits. “I have ether because it’s a great store of value,” he affirmed. Jim Cramer on Ethereum and […] from Bitcoin News https://ift.tt/iYPLxEw via IFTTT

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind the investment bank’s upgraded gold price prediction include softer U.S. economic data, increased central bank demand, and ongoing geopolitical uncertainties. UBS Revises Gold Price Prediction […] from Bitcoin News https://ift.tt/DUiYHQX via IFTTT

The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new licenses. The bank’s director for risk management stated that street trading of foreign exchange is now […] from Bitcoin News https://ift.tt/qspXFyk via IFTTT

An interview of Michael Saylor by Quoth the Raven, looking at Saylor's opinions on how Bitcoin integration into the financial system will play out. bit.ly/3f7o14k http://dlvr.it/T7MzYl

The country will now monetize underutilized energy by mining and jointly develop technology projects. bit.ly/3f7o14k http://dlvr.it/T7MzBr

Veteran trader Peter Brandt has issued a stark warning about the future of crypto staking, calling it “the biggest disasters yet to come in crypto.” He predicts significant disasters, bankruptcies, and personal financial losses within the sector. His warning followed the approval of spot ethereum exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission […] from Bitcoin News https://ift.tt/98VYFzG via IFTTT

The Financial Conduct Authority (FCA), the UK’s top financial regulator, has approved physically backed bitcoin and ethereum exchange-traded products (ETPs) for listing on the London Stock Exchange for the first time. “FCA approval in this respect could result in greater institutional adoption of the asset class,” Wisdomtree stated. First Bitcoin and Ethereum ETP Listings on […] from Bitcoin News https://ift.tt/gNL19KH via IFTTT

The House of Representatives has passed Congressman Tom Emmer’s CBDC Anti-Surveillance State Act, which prohibits the Federal Reserve from issuing a surveillance-oriented central bank digital currency (CBDC). The lawmaker emphasized that the bill protects American values of privacy and individual sovereignty, countering potential governmental overreach. CBDC Anti-Surveillance Act Clears House Following the passage of the […] from Bitcoin News https://ift.tt/Ewc0yXZ via IFTTT

Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The […] from Bitcoin News https://ift.tt/xjvHzEM via IFTTT

The decision follows the SEC's approval of spot Bitcoin ETFs in January. bit.ly/3f7o14k http://dlvr.it/T7JtT1

The Securities and Exchange Commission (SEC) has approved the first eight proposals for spot ether exchange-traded funds (ETFs). According to a document issued on May 23 that orders grating an accelerated approval for these products, NYSE Arca obtained permission to list the Grayscale Ethereum Trust and the Bitwise Ethereum ETF, Nasdaq can now list the […] from Bitcoin News https://ift.tt/UgOpvJQ via IFTTT

Brian Kelly, founder and CEO of BKCM, a digital currency investment firm, stated that while he is still unsure about the imminent approval of a spot ether EFT, he trusts that it will be approved “at some point in time.” In an interview on CNBC, Kelly specified that solana (SOL) might be the next asset […] from Bitcoin News https://ift.tt/5xOIBck via IFTTT

Arthur Hayes, former CEO of Bitmex and current CIO of Maelstrom, has predicted the geopolitical and economic dynamics that will be taken to equilibrate the exchange rate between the U.S. dollar and the Japanese yen might propel bitcoin prices to $1 million. Hayes states that eventually, the U.S. will be forced to act by printing […] from Bitcoin News https://ift.tt/jh6K3wO via IFTTT

The Head of Research at Galaxy Digital, a crypto-focused financial services firm, believes that both Wall Street and corporations will continue to adopt Bitcoin as we move into an age in which it’s normalized. bit.ly/3f7o14k http://dlvr.it/T7Jbyh

The Human Rights Foundation (HRF) is set to convene leading humanitarian activists and technologists in Oslo, Norway, June 3-5. bit.ly/3f7o14k http://dlvr.it/T7Jblx

A consideration of the need to legislatively defend peoples’ right to use Bitcoin, and why this is an unavoidable battle that must be fought. bit.ly/3f7o14k http://dlvr.it/T7JFGR

Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against the classification of its activities as operating an exchange or broker. Uniswap Responds to SEC […] from Bitcoin News https://ift.tt/E0et2ho via IFTTT

PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures in blockchain and digital assets to engage with top policymakers […] from Bitcoin News https://ift.tt/KLtkHT6 via IFTTT

How the rise of ordinals are changing the use and economics of Bitcoin blockspace. From "The Inscription Issue." bit.ly/3f7o14k http://dlvr.it/T7G3Yc