News
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Robert Kiyosaki plans to own 100 BTC regardless of price
Robert Kiyosaki’s goal is to own 100 Bitcoin by 2025. He currently has 73 and keeps buying more and he has made a tweet claiming he is not waiting for prices to drop like “a poor person” who waits for things to get cheaper. He believes real wealth comes from investing consistently over time. Kiyosaki […]Cryptopolitan
Sat, Nov 9
FTX files lawsuits over $1 billion losses due to alleged market manipulation
The administrator of bankrupt crypto exchange FTX is on a suing spree after filing 22 adversary actions on November 8, targeting various entities and individuals. With the most recent legal actions, the FTX Debtors have filed 51 lawsuits since November 11, 2022, with 30 of those actions coming in the last 10 days. According to […]Cryptopolitan
Sat, Nov 9
Bitwise CIO Matt Hougan believes Bitcoin will push above $100,000
The Global Head of Research for Bitwise Asset Management, Matt Hougan, is confident that Bitcoin's price will surpass $100,000. In an interview with Yahoo Finance, he said that regulatory concerns will not hinder the price of BTC from recording new ATHs.Cryptopolitan
Sat, Nov 9
Saudi Arabia to pour $100B into AI data centers and startups
The Kingdom of Saudi Arabia is planning a $100 billion investment into an AI project called Project Transcendence. According to a Bloomberg report, the Saudi technology hub will build AI infrastructure and attract talent. The project is part of the Kingdom’s 2030 vision and is directly competing with the UAE in advancing AI in the […]Cryptopolitan
Sat, Nov 9
Binance and Coinbase record $9.3 billion in stablecoin inflows following Trump’s win
According to crypto analytics firm CryptoQuant, Binance and Coinbase recorded significant stablecoin inflows after Donald Trump’s win. The firm highlighted that inflows of this magnitude were last experienced in 2020.Cryptopolitan
Sat, Nov 9
Another ETH ICO whale sells 3,367.5 ETH for $10.16M as Ether surpasses $3,000
An ETH initial coin offering whale has begun liquidating their ETH assets held for 8 years. According to on-chain data flagged by Onchain Lens. The whale recently sold 3,367 Ethereum worth $10.16 million at the current price of $3,032.Cryptopolitan
Sat, Nov 9
Historic highs: Dow breaks 44,000, S&P hits new peak, Bitcoin eyes six figures
The stock market is hotter than a jalapeño pepper. Wall Street just did something it’s never done before, with the Dow Jones shooting up to an insane 44,000 during trading on Friday before closing at a record-breaking 43,988.99. For those keeping score, that’s a 259.65-point climb, or 0.59%. The S&P 500 didn’t want to feel […]Cryptopolitan
Sat, Nov 9
Crypto mixer Bitcoin Fog founder faces 12.5 years for $400M laundering scheme
The operator of the crypto mixing tool Bitcoin Fog, Roman Sterlingov, has been sentenced to 12 and a half years for laundering $400 million in crypto for criminals. The sentencing follows a jury trial in March that found Sterlingov guilty of multiple charges, including money laundering and operating an unregistered money-transmitting business. US District Judge […]Cryptopolitan
Sat, Nov 9
Michael Saylor says no one’s ever lost money over the course of four years holding Bitcoin
Michael Saylor, co-founder of MicroStrategy, is sticking it to his critics, and he’s got Bitcoin on his side. “No one’s ever lost money over the course of four years holding Bitcoin,” he declared recently in an interview. His point was that BTC isn’t some get-rich-quick schtick. It’s something you get into only when you wholeheartedly […]Cryptopolitan
Sat, Nov 9
