Peter Schiff Says Bitcoin Is Like Tech Stocks But Without ‘Potential Of Earnings’ As Investors Digest Meta, Microsoft Numbers
Noted economist and gold advocate Peter Schiff deemed Bitcoin (CRYPTO: BTC) a “digital tech stock” with no earnings potential on Wednesday. What happened: In an X post, Schiff argued that Bitcoin’s price movements are highly correlated with those of technology stocks, despite it not being an “operating business” with...
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Best cryptos to buy now with strong growth potential: Pepeto, Little PEPE, BlockDAG, Hyperliquid, TRON, Toncoin
With a zero-fee exchange, cross-chain bridge, and 100k-strong community, Pepeto stands out as a 100x crypto contender. #sponsoredcontent...
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Big Ether Moves: ETH Strategy Attracts 12K ETH, BTCS Plans $2B Fundraise
News of companies breaking the usual BTC treasury trend continues to emerge almost daily, and we can see everything from new players to established industry veterans shifting to the second-largest digital asset. The DeFi-native Ethereum is steadily stealing the spotlight; only time will tell if the momentum will keep...
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FTX and Alameda Research stake 20,736 Ethereum ahead of creditor payout
The staking of Ethereum by FTX and Alameda highlights ongoing asset management strategies amid bankruptcy, impacting creditor recovery timelines. The post FTX and Alameda Research stake 20,736 Ethereum ahead of creditor payout appeared first on Crypto Briefing....
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Vlad Tenev Says Robinhood Working With US Regulators To Unlock ‘Real Opportunity’ In Tokenized Stocks, Downplays Impact On Crypto Prices
Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev expressed a positive outlook towards the future of equity tokenization in the U.S. on Wednesday, despite the potential regulatory hurdles that may arise. What Happened: During the company’s second-quarter earnings call, Tenev said that the “real opportunity” in the U.S. lies in tokenizing...
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New Crypto Lab Unit Signals Bank Of Korea’s Shift From Research To Regulation
South Korea’s central bank is stepping up its game in the crypto world. Based on reports, the Bank of Korea (BOK) has created a new “digital currency lab” unit under its Financial Settlement Bureau. The new department will keep an eye on digital tokens, especially won‑pegged stablecoins and related...
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PENGU continues to plunge as insider wallet moves another $5.6M to exchanges
PENGU’s rally has reversed with a 17% weekly loss, as on-chain data points to one insider-linked wallet offloading over $17 million worth of tokens to exchanges since July. The Pudgy Penguins (PENGU) token has declined sharply in recent days, falling…...
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Asia Morning Briefing: MSFT, Meta Soar on Strong AI Earnings, But Crypto AI Tokens Fail to Follow
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Artificial Intelligence (AI) majors are...
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Bitcoin, Ethereum Move Sideways, Dogecoin Falls Amid Jerome Powell’s Hawkish Tone On Rate Cuts: Analyst Says Dip Temporary Before BTC Highs
Leading cryptocurrencies felt the pinch on Wednesday after Federal Reserve Chair Jerome Powell said “no decision” has been made on a September rate cut. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) +0.02% $117,946.09 Ethereum (CRYPTO: ETH) +0.61% $3,811.10 Dogecoin (CRYPTO: DOGE) -1.85% $0.2195 What...
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Strategy Unveils $2.46 Billion Bitcoin Buy, Biggest Purchase In 8 Months
Strategy has just added to its Bitcoin buying spree with a multi-billion dollar purchase, its largest buy since November of last year. Strategy Has Bought Another 21,021 Bitcoin As announced by Strategy Chairman Michael Saylor in an X post, the company has completed a fresh Bitcoin acquisition. With this...
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