Opendoor Technologies Inc. has resumed its surge after cryptocurrency investor and influential newsletter writer and podcaster Anthony Pompliano said he’d bought shares in the digital real estate firm. Shares ended 7.6% higher Tuesday, having climbed as much as 16% in intraday trading, after Pompliano said in a post on X he’s an investor in the $1.8 billion company. Pompliano is …
Read More »Crypto Firm Circle Posts Loss in First Earnings Report After IPO The Wall Street Journal Earnings live: Circle pops on higher revenue in first earnings report, On stock surges Yahoo Finance Circle shares rise as second-quarter revenue jumps 53% on strong stablecoin growth CNBC Circle Internet Aces Its First Earnings Test. The Stock Rises. Barron’s Circle Internet sees wider stablecoin adoption from payments and …
Read More »Do Kwon pleads guilty to US fraud charges in $40 billion crypto collapse Reuters Terra co-founder Do Kwon pleads guilty to two charges Axios Crypto mogul Do Kwon pleads guilty to fraud for $40bn market collapse The Guardian Do Kwon May Plead Guilty in US Case Over $40 Billion Terraform Collapse Bloomberg.com Crypto Entrepreneur Who Caused 2022 Market Crash Pleads Guilty to Fraud The New …
Read More »Crypto Entrepreneur Who Caused 2022 Market Crash Pleads Guilty to Fraud The New York Times Terra co-founder Do Kwon pleads guilty to two charges Axios Crypto mogul Do Kwon, known as ‘the cryptocurrency king,’ pleads guilty to fraud charges AP News Do Kwon to plead guilty to US conspiracy, fraud charges in $40 billion crypto collapse Reuters Crypto founder Do Kwon pleads guilty to …
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Terraform Labs co-founder Do Kwon has pleaded guilty to conspiracy and wire fraud three years after his collapsed cryptocurrency firm wiped out $40 billion in funds, according to a report from Bloomberg. Kwon entered his plea in a New York court on Tuesday as part of a deal reached with prosecutors that reduced his charges. Inner City Press, which reports …
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The fintech giant Stripe is developing a new blockchain, according to a recent job posting on a site for the crypto lobby group Blockchain Association. “Tempo is a high-performance, payments-focused blockchain,” reads the job advertisement, which is for a product marketing position and dated Aug. 3. The posting goes on to say that Tempo is in stealth, has a team …
Read More »Trump Crypto Firm Announces $1.5 Billion Digital Coin Deal The New York Times Trump family crypto business announces $1.5 billion treasury company for World Liberty token Fortune ALT5 Sigma Corporation Announces $1.5 Billion Registered Direct Offering and Concurrent Private Placement to Initiate World Liberty Financial $WLFI Treasury Strategy Business Wire Former Biotech Raising $1.5 Billion to Hoard Trump-Tied Token Bloomberg.com ALT5 Sigma raises $1.5B …
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Key Takeaways The crypto market remains in a strong “greed” phase, with bullish sentiments pushing Bitcoin and Ethereum higher despite overbought signals. Investor sentiment in the crypto market took a bullish turn recently. This, after the Crypto Fear & Greed Index peaked at 70 – A clear signal of heightened optimism. At the time of writing, it had eased to …
Read More »Bitcoin nears $122,000, ether hits 2021 high following Trump’s crypto 401k announcement The Block Trump’s 401(k) order offers retirement savers crypto, private assets, but also higher fees and more risk Reuters Trump 401k changes: What to know NBC News DEMOCRATIZING ACCESS TO ALTERNATIVE ASSETS FOR 401(K) INVESTORS The White House (.gov) Private Equity in Your 401(k). What Could Go Wrong? The New York Times Source …
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Key takeaways Crypto markets saw many ups and downs this week. Altcoins surged with Aerodrome, Mantle, and Lido DAO up over 45%. MYX Finance and Loan Protocol posted massive spikes. Monero, Toncoin, and XDC Network led the weekly losses. Bitcoin [BTC] kept its head down this week, but the altcoin market was anything but quiet. While the big names in …
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