press releaseCrypto Influencer Served via Tweet in FTX Lawsuit
written by John Murphy | May 3, 2023
The Moskowitz Law Firm, backing an FTX investor lawsuit, has served a crypto influencer filled via Tweet in FTX Lawsuit. According to reports, a U.S. court allowed this action as the lawyers claimed they couldn’t help him through other means. Legal Notice Via Tweet Serving legal notice via tweet is an unprecedented move. Therefore, the []
press releaseMicroStrategy's Bitcoin conviction remains strong
written by John Murphy | May 2, 2023
MicroStrategy, the business intelligence platform, has reported a Q1 2023 profit of $94 million, largely due to a one-time income tax benefit of $435.2 million. So, it’s true that MicroStrategy’s Bitcoin conviction remains strong despite fluctuations. The firms also generated $121.9 million in revenue, up 2.2% from last year’s period. This strong performance was attributed []
press releaseSEC Chairman Gary Gensler Takes Another Swipe at Crypto
written by John Murphy | May 1, 2023
SEC chairman Gary Gensler takes another swipe at the crypto industry since he took office earlier this year. Gensler is highlighting his concerns about investor protection, market manipulation, and greater regulatory oversight. Gensler’s Concerns Gensler’s main concern with the cryptocurrency industry is investor protection. In the video, he pointed out that many cryptocurrencies, including Bitcoin []
press releaseBitcoin and Ether - Are they "like gold"?
written by John Murphy | May 1, 2023
Cryptocurrency investors are divided on whether Bitcoin and Ether are “like gold.” Its a safe-haven asset that can hedge against inflation and economic uncertainty. Cathie Wood, founder and CEO of ARK Invest, has been bullish on Bitcoin and Ether for some time. In contrast, Ray Dalio, founder of Bridgewater Associates, remains skeptical of their long-term []
press releaseRobinhood Launches Fiat to Crypto on Ramp Service
written by John Murphy | April 30, 2023
Robinhood Markets, a popular trading app, launches Fiat to crypto on-ramp service called Robinhood Connect. The service fiat to crypto allows users to purchase and sell cryptocurrencies directly to and from their self-custody wallet. The feature integration with Web3 projects will enable customers to access their Robinhood credentials in DApps. It permits these without opening []
press releaseWill the BTC price be affected if the US defaults on its debt?
written by John Murphy | April 30, 2023
The Treasury Secretary of the States Janet Yellen raised concern about the potential risks of the US debt default recently. The question arises will the BTC price be affected if the US defaults on its debt? KEY TAKEAWAYS Yellen warned Congress of the possibility of mass unemployment, payment failures, and overall economic turmoil if the []
press releaseYoutube prevents its subscribers from XRP crypto scams on hacked channel
written by John Murphy | April 30, 2023
There is an increase in the number of Youtube channel hacks lately. These hacks are specifically aimed at promoting cryptocurrency scams. KEY TAKEAWAYS A recent, hack of the channel of a popular channel of a Youtuber DidYouKnowGaming with 2.4 million subscribers raised concern. The hacker behind this channel was promoting XRP cryptocurrency scams, However, sooner []