Crypto News
Peter Schiff Warns Against Owning Bitcoin ETFs, Cites ‘Not Your Keys, Not Your Coins’
Economist and gold advocate Peter Schiff argues that bitcoin exchange-traded funds (ETFs) contradict the core principles of the cryptocurrency by undermining decentralization and peer-to-peer transactions. He criticizes recent buyers of bitcoin for focusing solely on profit, suggesting this behavior indicates an impending collapse. Schiff also slammed Senator Cynthia Lummis’ bill proposing a U.S. bitcoin reserve,Source link
Bitcoin Death Cross Approaches—Nobody Panic
Bitcoin's 50-day simple moving average (SMA) is inching closer to its 200-day SMA, a potential sign of trouble.Source link
Binance Introduces ‘Word of the Day’ Game with Focus on Account Security
Binance launches 'Word of the Day' game, allowing users to earn Binance Points by testing their knowledge on account security. (Read More)Source link
Digital Asset Manager Coinshares Reports Strong Q2 2024 Earnings
Coinshares, a leading European digital asset investment firm, reported strong financial performance in the second quarter of 2024, highlighted by a significant increase in revenue and adjusted EBITDA. The company also navigated market challenges, including the impairment of its Flowbank investment, while achieving a profitable sale of its FTX claim. Coinshares Reports 133% EBITDA GrowthSource link
Notcoin Leads Crypto Rebound With 30% Jump as Bitcoin, Ethereum Regain Footing
Markets are green and Bitcoin and Ethereum are steadily climbing again—but Notcoin (NOT) is outpacing every coin in the top 100.Source link