01/04/2024
How it started vs how it’s going‼️
Stay ahead with our breaking news & premium insight on digital assets.
How it started vs how it’s going‼️
The newly launched spot Bitcoin ETFs, excluding Grayscale’s, have amassed $35 billion worth of Bitcoin in just 54 days of trading‼️
This cycle is different.
Institutional funds of $86B entered the market in the past 6 months‼️
The amount of Bitcoin in BlackRock’s spot Bitcoin ETF could overtake crypto asset manager Grayscale’s GBTC within the next three weeks, assuming no drastic changes in current flows.
The Indonesian college student who earned a million dollars selling nonfungible tokens (NFTs) of his selfies in 2022 has made a comeback, raising $1.8 million in a memecoin presale.
In January 2022, Sultan Gustaf Al Ghozali minted NFTs with photos of himself that he took every day for five years. The collection, called “Ghozali Everyday,” gained support from crypto community members, netting Ghozali, who was still a student, over $1 million.
When Ghozali graduated from college in 2023, he posted on X that he would finally stop taking selfies. He said he was lucky to have made money from the “stupidest idea” he came up with.
After disappearing from X for months, Ghozali reappeared as interest in memecoins surged. On March 24, he announced the second iteration of Ghozali Everyday — a memecoin and NFT hybrid project on the Base blockchain.
Since its launch, Ghozali’s presale has surpassed its 400 Ether. At the time of writing, the presale address reached 527 ETH, around $1.8 million.
However, Ghozali wrote on X that he would refund those who sent more ETH after the cap was reached.
Ark Invest CEO Cathie Wood has projected a staggering price target for Bitcoin. According to Wood, the cryptocurrency’s price could soar to $3.8 million.
Wood made this prediction at the Bitcoin Investor Day conference in New York on Friday. She attributed this potential surge to the increasing institutional adoption of Bitcoin and the introduction of new ETF products, reported Business Insider.
Wood’s previous prediction in January suggested that Bitcoin could reach $1.5 million by 2030. She now believes that if institutional investors allocate just over 5% of their portfolios to Bitcoin, her projection would surge to $3.8 million in the same time period.
The Solana network has emerged as the most popular blockchain ecosystem so far this year, according to CoinGecko Research. The layer 1 blockchain now accounts for 49.3% of global crypto investor interest in chain-specific narratives, the report, published Wednesday, said.
“Solana ecosystem’s dominant mindshare has been fueled by Solana’s continued rally back to 2021 highs, alongside the strong performance of key ecosystem project tokens such as Pyth and native memecoins such as dogwifhat,” the report added.
The United Nations Security Council said Thursday that North Korea got around 50% of its foreign currency gains from cyberattacks, including those on cryptocurrency companies, South Korea’s Yonhap news agency reported Friday, citing a UN report.
Asset management company BlackRock is launching a tokenized digital asset fund, a new SEC filing on Tuesday shows. In turn, BlackRock seeded the fund by depositing $100 million in USDC stablecoin on the Ethereum Network.
The BlackRock USD Institutional Digital Liquidity Fund was incorporated in the British Virgin Islands and will be launched in partnership with Securitize, a tokenization firm. According to wallet data from Etherscan, BlackRock deposited Circle’s USDC stablecoin into a wallet on the Ethereum Network.
MicroStrategy has acquired an additional 9,245 Bitcoin worth $623 million to add to its impressive BTC holdings. Indeed, the business intelligence firm’s CEO Michael Saylor took to X (formerly Twitter) to announce the newly acquired digital assets. This latest purchase brings the company’s total holdings to 214,246 BTC.
Saylor states that this most recent acquisition was made “using proceeds from convertible notes & excess cash,” in the announcement. Moreover, the purchase was made at an average price of $67,382 per Bitcoin, bringing the worth of its BTC holdings to more than $7.5 billion.
Standard Chartered Bank has upped its bitcoin price prediction target to $150,000 from the previous $100,000.
The price could even reach $250,000 at some point in 2025 if strong spot bitcoin ETF inflows continue and/or forex reserve managers start buying bitcoin this year, the bank said.
Via: The Block
Pro-Bitcoin President Nayib Bukele Says El Salvador Will Purchase BTC Daily Until King Crypto Becomes ‘Unaffordable With Fiat Currencies.’
Billionaire and American hedge fund manager Bill Ackman acknowledged that the US dollar could be on the path of a decline, and Bitcoin or the new BRICS currency could pin the last nail in its coffin. While Bitcoin touched a new high of $73,000 investors are flocking toward the cryptocurrency market for gains. The development is adding pressure on the US dollar as the majority of traders are now looking into BTC to make profits.
After analyzing blockchain data, specialists at Kaiko Research have determined that the number of wallets containing bitcoins valued at at least $1 million is increasing by an average of 1500 per day.
BlackRock & Fidelity now hold 331,560 $BTC worth over $23.4 billion for their spot ETFs‼️
has now passed the Swiss Franc to become the 13th largest currency in the world. Now trading at $72,323.57 per BTC, the cryptocurrency is surging to levels not seen in years. The latest climb catapults Bitcoin over world fiat currencies including the Swiss Franc, Russian Ruble, and Saudi Riyal.
Bitcoin now has a market cap of $1.4 trillion, while silver only has a market cap of $1.3 trillion, according to CompaniesMarketCap data. The cryptocurrency remains behind Alphabet, with a market cap of $1.6 trillion.
makes a new all-time high at $71,703 🚀
The recently listed spot bitcoin exchange-traded funds in the United States continue to vacuum up bitcoins — now holding roughly 4% of the entire 21 million Bitcoin supply.
Bitcoin is reaching the US$70,000 level, although some have speculated that this level will not be reached until the end of March. Bitcoin’s price rise is motivated not only by an influx of funds into ETFs, but also by the expectation of halving or also the weakness of the US dollar. There has also been recent talk of the return of wallets frozen for years, which could theoretically pose a threat to the stability of this cryptocurrency if a large amount of Bitcoin were to be dumped into the market.
Some analysts point out that the price of Bitcoin could be doubled if there is a repeat of history. When Bitcoin previously beat its historical peaks, the price doubled over the couples of weeks. The exception was in 2021.
BlackRock has opened a new filing with the SEC to purchase more Bitcoin ETFs, according to new filing records by the commission. BlackRock intends to use the new Bitcoin ETFs for its Global Allocation Fund.
The latest filing reads: “The Fund may acquire shares in exchange-traded products (“ETPs”) that seek to reflect generally the performance of the price of bitcoin by directly holding bitcoin (“Bitcoin ETPs”), including shares of a Bitcoin ETP sponsored by an affiliate of BlackRock.” It adds, “The Fund will only invest in Bitcoin ETPs that are listed and traded on national securities exchanges.”
BlackRock’s current Spot BTC ETF is the best-performing one on the market, leading to the surge for Bitcoin ETFs. Last week was a record-breaking performance for all Bitcoin ETFs, seeing record after record broken almost every day. Bitcoin continues to perform this week, hovering around $68,000 since the start of the week.
The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios.
The BRICS nations, consisting of Brazil, Russia, India, China, and South Africa, have announced their intention to create an independent payment system based on crypto and blockchain technology.
According to Kremlin aide Yury Ushakov, the primary goal of this initiative is to provide a convenient, cost-effective, and politically neutral platform for governments, businesses, and individuals within the BRICS countries.
The decision to develop this innovative payment system comes as part of the BRICS nations’ broader strategy to increase their role in the international monetary and financial system.
Netflix gave $11 million to filmmaker Carl Erik Rinsch to produce a sci-fi show. Now, the streaming giant wants its money back after Rinsch wasted the investment on risky stock trading and investments.
Netflix burned more than $40 million on Mr. Rinsch’s show and gave him near-total budgetary and creative latitude. However, they say they’ve never received a single finished episode. Now, Mr. Rinsch and Netflix are locked in a confidential arbitration proceeding initiated by Mr. Rinsch. He claims the company breached their contract and owes him at least $14 million in damages. Netflix claims that it owes the former nothing, and in fact, it wired the filmmaker’s production company an additional $11 million, bringing its total outlay to more than $55 million.
During the COVID-19 pandemic, Mr. Rinsch transferred $10.5 million of the $11 million to his personal brokerage account at Charles Schwab. Using options, he would risky bets on the stock market.
The filing was submitted to the Delaware Divisions of Corporations and published on its website. It contained details matching similar BlackRock filings, including the name and address of its registered agent. It was similar to previous filings for bitcoin and ether, but naming XRP.
Yet a BlackRock spokesperson confirmed to The Block that the filing has no relation to the asset manager. This means BlackRock is not currently preparing to launch a spot XRP ETF.
The study by Florida Gulf Coast University found that highly intelligent individuals are less physically active compared to those with lower IQs.
Intelligent people often engage in thought-intensive activities, leading to reduced physical movement. The research used a cognition test to categorize students into 'thinkers' and 'non-thinkers.'
Over a week, fitness trackers showed 'thinkers' were less active on weekdays, with no difference on weekends. Despite the link between intelligence and inactivity, physical exercise remains crucial for health.
158,400 Bitcoin, 💵 $29,5K average price, 23% profit 🙌
There's no second best 🦾
By 2030,
Owning a fraction of a may be akin to holding a golden ticket.
Even a 0.1 investment, seemingly modest at $3.6k in 2023, could be transformative.
Imagine when 0.1 equals $100k,
the difference between acquiring it at $100k or $4k will seem inconsequential.
thrives independently...
without central banks, government interventions, monetary policies, fiat dependencies, traditional banking systems, inflationary tactics, currency manipulation, political agendas, or economic recessions.
It stands as a beacon of decentralized resilience.
Consider this:
Worried about bank freezes?
Bitcoin remains accessible.
Concerned about currency devaluation?
Bitcoin retains its value.
Facing economic instability?
Bitcoin offers a hedge.
Believing that this unparalleled economic shift will be smooth?
The window of opportunity is narrowing.
Be the first to know and let us send you an email when NFT Premier posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.
Send a message to NFT Premier:
This is what happened in the cryptocurrency world today: MicroStrategy Bitcoin Investment Now at $4.65B Unrealized Profit. The meme coin market has been on a tear over the past 24 hours. Dogecoin is heading the pack in market cap growth, adding over $800 million as it rises 6%. Uniswap reveals wallet browser extension and other tools for easier cryptocurrency transactions. Crypto exchange Coinbase has expanded its asset recovery tool to BNB Smart Chain and Polygon after first launching it for Ethereum in December 2022. The tool helps users recover unsupported tokens mistakenly sent to their Coinbase address. Crypto investment products saw inflows totaling $598 million from institutional Bitcoin investment products over the past seven days, according to the latest report by CoinShares. Crypto exchange-traded products (ETPs) have now witnessed their fourth consecutive week of inflows.
This is what happened in the cryptocurrency world today: Following the guilty plea issues in November of 2023, a US Judge approved Binance’s plea deal to see the exchange pay a $4.3 billion fine. Indeed, the approval will now see the exchange pay one of the largest penalties in US history following a years-long investigation into the exchange. The U.S. Department of Energy (DOE) on Friday agreed to temporarily suspend its emergency survey of energy use by cryptocurrency miners following a lawsuit by bitcoin miner Riot Platforms and an industry group. Grayscale CEO: Spot Ethereum ETF is a “Matter of When” Not If Republican Rep. Tom Emmer calls government agency’s bitcoin miner survey “an abuse of power” Spot Bitcoin ETF cumulative trading volume exceeds $50 billion.
This is what happened in the cryptocurrency world today: President Donald Trump says many people are embracing Bitcoin & wanting to pay with it. Reddit says they invested excess cash into Bitcoin and Ethereum, and may continue to do so. FTX’s request to sell its stake in Anthropic has been granted by a court. FTX and sister investment firm Alameda invested $500 million in Anthropic in 2021. Uniswap has introduced ‘uni.eth’ subdomains, allowing users to access their addresses as human-readable names. Users can claim a free ‘uni.eth’ subdomain, and changing names is designed to be gasless. Sky Mavis Co-Founder Jeffrey Zirlin’s wallets hacked for $9.7 million in ETH. The Council of the European Union and the European Parliament representatives agreed that AMLA will be based in Frankfurt. AMLA will directly oversee the crypto sector, among other things.
This is what happened in the cryptocurrency world today: Terra Founder Do Kwon to be extradited to the United States. Coinbase has backed Grayscale’s bid to transform its Ethereum Trust into a spot Ether ETF. CEO of Ripple Brad Garlinghouse Says It “Makes Sense” To Have XRP ETF. An adviser to Nigeria’s president has called for a ban on Binance, KuCoin and other trading platforms in the country. French football giant Paris Saint-Germain (PSG) is set to deepen its Web3 and SportFi involvement by becoming a validator for fan token blockchain Chiliz. Gauntlet, a project specializing in DeFi risk management, is terminating its relationship with lending platform Aave after four years of working together.
This is what happened in the cryptocurrency world today: VanEck’s spot bitcoin ETF volume skyrockets over 1000% day before lower fee comes into effect. Reporter asks Michael Saylor when he plans to sell Bitcoin, Saylor says: I’ll be buying forever. Bitmex co-founder Arthur Hayes labels Cardano “Dog Sh*t”. Ripple invests $25 million in campaign to promote crypto-friendly political leaders. Crypto exchange HTX applies for Hong Kong license. Hong Kong lays out provisional guidance for crypto custody.
This is what happened in the cryptocurrency world today: A crypto influencer has posted what she says is the first photo of Sam Bankman-Fried hanging out with his fellow inmates. UK set to release crypto legislation in 6 months. Allegations of XRP price manipulation by Ripple has been debunked by Ripple CTO David Schwartz. Robert Kiyosaki, author of the “Rich Dad, Poor Dad” book, expects Bitcoin to hit $100,000 by June 2024. Starknet’s native token is set to launch today and begin trading on centralized exchanges from around 8 a.m. ET. Bitcoin holdings on Coinbase reach lowest level since 2015 as whales withdraw $1B BTC.
This is what happened in the cryptocurrency world today: Bitcoin is up 112% since Jim Cramer told investors to sell 11 months ago. Binance plans to cease its leveraged token trading and services by February 28, 2024. Coinbase has announced the discontinuation of native Bitcoin and other UTXO-based cryptocurrency support on its Coinbase Commerce platform, citing integration challenges. Cathie Wood’s ARK Invest sells Coinbase shares worth $90 million following analyst upgrades. Japan aims to increase strategic domestic investments into Web3 startups by allowing limited partnership (LP) firms to acquire and hold crypto assets. Ethereum co-founder Vitalik Buterin says artificial intelligence (AI) could be crucial to solving one of Ethereum’s “biggest technical” risks: bugs buried deep within its code.
This is what happened in the cryptocurrency world today: The Federal Reserve Governor says “I don’t want banks holding large amounts of crypto ETFs.” Coinbase beat analyst estimates after reporting fourth-quarter revenue of $953.8 million, a increase of 41% from the previous quarter, the company said in a statement. Uniswap Foundation shared a tentative date for the deployment of v4 of the decentralized exchange following the upcoming Ethereum Dencun upgrade. The crowdfunding for the Tornado Cash legal battle was canceled by GoFundMe, citing a breach of terms of service. All contributions made to the fundraiser were returned to the respective donors. Tron Founder Justin Sun revealed the protocol’s ambitious Bitcoin Layer 2 roadmap that will facilitate the injection of funds into the BTC network while boosting scalability, speed, and security. JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market rally to kick off the year.
This is what happened in the cryptocurrency world today: Gold exchange-traded funds (ETFs) have faced significant outflows this year, while ETFs tracking the spot price of Bitcoin (BTC) have seen strong inflows. According to Bloomberg intelligence analyst Eric Balchunas, the leading 14 gold ETFs have experienced outflows of $2.4 billion in 2024 as of February 14. Genesis gets court approval to sell $1.6 Billion in crypto trust shares. According to SEC Chair Gary Gensler, Bitcoin is not decentralized and is a big ransomware player. UK economy falls into recession, adding to Sunak’s election challenge. Spanish telecom giant Telefonica partners with Chainlink for enhanced security. Bitcoin spot ETF net inflows now total over $4 billion since launch, Coinshares analyst says.
This is what happened in the cryptocurrency world today: Bitcoin market cap reclaims $1 trillion. Ripple acquires crypto trust company ‘Standard Custody & Trust Co.’ to expand US options. The Central Bank of Russia declares that the majority of pyramid schemes in the country are linked to cryptocurrency. Self proclaimed inventor of Bitcoin, Craig Wright, fails to name anyone he sent Bitcoin to as “Satoshi”. The Crypto Fear and Greed Index, a tracking tool for market sentiment in crypto, has surged as high as 79 out of 100, hitting a level not seen since Bitcoin peaked at $69,000 in November 2021. Aptos Labs has introduced a passwordless passkey authentication method for signing transactions on its Layer 1 blockchain network. Passkeys are more user-friendly and mirror the ease of use found in services like Apple Pay or Google Pay, said Aptos CTO Avery Ching.
This is what happened in the cryptocurrency world today: Bitcoin price hits new record high in Argentina. Argentina’s peso has crashed by 99% versus the U.S. dollar since the beginning of the currency crisis in 2018. Jack Dorsey showed up to the Super Bowl rocking a ‘Satoshi’ t-shirt. OKX, a leading cryptocurrency exchange, has announced its expansion into Argentina. Ethereum Spot ETFs expected to get approval in May. The volume of NFTs traded on Ethereum in the past week is at its highest level since late February last year, according to data from The Block. NFT of Tom Brady sells for $40,000 ahead of Super Bowl drops promoted by Joe Montana, John Elway.
This is what happened in the cryptocurrency world today: BlackRock says Bitcoin “creates global internet value that allows assets to move at low cost and in near real-time across borders.” US national debt hits record $34 trillion. Following the recent dismissal of the case against crypto firm Digital Licensing by the US Securities and Exchange Commission (SEC), a group of US Senators have sent a letter to the agency’s chair, Gary Gensler, expressing concerns about the handling of the case. Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Hong Kong Securities and Futures Commission (SFC), alongside the local Police force, has issued a warning regarding a fraudulent entity posing as cryptocurrency exchange MEXC. The imposter is allegedly deceiving potential investors and siphoning funds. The United Nations (UN) is reportedly investigating hacking groups tied to the Democratic People’s Republic of Korea (DPRK) for orchestrating cyberattacks on cryptocurrency firms over six years, amassing profits of approximately $3 billion. Follow NFT Premier for daily crypto updates Subscribe to NFT Premier for daily crypto updates
This is what happened in the cryptocurrency world today. MicroStrategy buys an additional 850 Bitcoin worth $37.2 million. Joe Rogan holds 5.24 Bitcoin worth over $226k. He has not sold any since posting his wallet address in 2014. U.S. Treasury Secretary Janet Yellen will highlight the risks associated with crypto platforms and stablecoins and will urge Congress to pass legislation, according to testimony ahead of a congressional hearing on Tuesday. BlackRock & Fidelity now hold 134,358 Bitcoin worth over $5.7 billion for their spot Bitcoin ETFs. A final decision on the Ethereum ETF set for July 2024. The SEC has introduced a rule indicating that all liquidity positions exceeding $50 million on decentralized exchanges may need to register with the SEC.
This is what happened in the cryptocurrency world today. - ENS collaborates with GoDaddy to link web domains with blockchain names. - Solana ‘Chapter 2’ crypto phone reaches 60,000 preorders - S. Korea proposes FSC screening of crypto execs before employment - S. Korea regulator to discuss spot Bitcoin ETF with SEC chief Gary Gensler - World’s Longest Serving Central Bank Chief Targeted by Deepfake - Ex-Binance Executive Steve Christie Rehired After Short Hiatus - Chainlink Breaks into the Top 10 After Huge 27% Weekly Surge
This is what happened in the cryptocurrency world today. - Bitcoin’s price claws at the $43,000 mark as the hours tick down to key U.S. economic policy commentary from the Fed. - Ripple chairman Chris Larsen hacked for reported 213M XRP worth approximately $112.5M - Quantstamp reports $38.9M lost in DeFi attacks in January - Republican House leadership asks CFPB to review proposed payments rule over potential impact on crypto. - Terraform Labs filed for bankruptcy to protect against potential SEC money judgment - Tether reports profit of $2.9 billion in Q4 attestation, with $5.4 billion in excess reserves. - Bitfinex Securities launches digital asset services in El Salvador.
This Is What Happened Cryptocurrency World Today: - Circle will launch USDC on the Celo network. - Visa enables crypto withdrawals on debit cards in 145 countries. - Uncorrelated Ventures raises $315 million for crypto and software-focused fund. - German authorities seize 50K BTC connected to piracy websites. - Abracadabra Finance’s MIM stablecoin falls from peg after $6.5M hack. - Binance allows customers to custody trading collateral off exchange as market share recovers. Follow NFT Premier for daily crypto updates. Subscribe to NFT Premier for daily crypto updates.
This Is What Happened Cryptocurrency World Today: The SEC claims Binance is yet to produce crucial documents in ongoing lawsuit. CFTC Chair says, “He’s concerned about Bitcoin Spot ETFs,” BlackRock’s Bitcoin exchange-traded fund (ETF) reached $2 billion in assets under management (AUM) on Jan. 26, just two weeks after it debuted on the Nasdaq. XRP Ledger now boasts 5.02 million wallets that contain more than zero XRP coins. CFTC warns about AI scams promising huge returns using crypto arbitrage algorithms. Ether options trading volume across major cryptocurrency derivatives exchanges has reached an all-time high this January of $17.9 billion, with four days still left in the month, according to The Block’s Data Dashboard.
Want your business to be the top-listed Media Company?