Crypto News
Billionaire Peter Thiel’s VC Firm Bought BTC and ETH Worth $200 Million in Latter Half of...
Founders Fund, a venture capital (VC) firm founded by the billionaire Peter Thiel, is believed to have acquired bitcoin and ethereum worth $200 million sometime in the second half of 2023. The VC firm reportedly began purchasing bitcoin when its price was still under $30,000. Founders Fund’s Renewed Interest in Crypto In the latter halfSource link
Robinhood’s Higher Crypto Revenue Could be Positive for Coinbase Earnings
The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.Source link
‘Almost All Pyramid Schemes’ In Russia Are Crypto Related, Central Bank Says
The Central Bank of Russia counted 5,735 financial scams and 2,944 pyramid schemes in 2023, up big time from the year before.Source link
Bitcoin ETF ‘FOMO Rally’ Could Send Price to All-Time High: Bernstein
In a note to clients, Alliance Bernstein analysts make a bullish case for Bitcoin's price hitting new highs later this year.Source link
Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition
In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking a significant step in the company’s expansion. Ripple Plans to Acquire Standard Custody & TrustSource link