Crypto Biz: Smart money ignores BTC price correction as $800M set to flow int...
Crypto- and blockchain-focused capital raises continue to make headlines as venture funds look to support the emergence of Web 3.0. Bitcoin’s (BTC) return to sub-$50,000 levels has many market participants fretting over the legitimacy of their favorite price models. For venture capitalists and other smart money investors, the latest decline is nothing but noise. Instead, they see the emergence of an entirely new economy that is transforming business, redefining monetary value and pushing the internet to a new frontier. This week’s Crypto Biz newsletter highlights four major funding deals....
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The U.S. Securities and Exchange Commission (SEC) has won a judgment against Steven Seagal after the famous actor failed to pay the agreed sum to settle the crypto fraud case he was involved in. Seagal, now living in Russia, has been ignoring the SEC’s attempts to contact him. Steven Seagal Ignores SEC, Fails to Pay Settlement A federal judge for the U.S. District Court for the Eastern District of New York, William Kuntz, signed an order Friday allowing the SEC to collect fines, penalties, and interest from Steven Seagal. The famous actor had agreed to pay disgorgement of more than....
Bitcoin has never been so far below where stock-to-flow predictions call for it to be. Bitcoin (BTC) has never been as far below its target price as it is now, the stock-to-flow model shows this week.In a tweet on July 10, Lex Moskovski, chief investment officer at Moskovski Capital, showed stock-to-flow flagging a historic moment in Bitcoin's twelve-year lifetime."Great buying opportunity"With BTC/USD showing few signs of a genuine bullish recovery, the pair has been drifting ever further from the price that the stock-to-flow price model calculates it should have.Stock-to-flow is arguably....
Bitcoin is facing a critical test above $75,000 as selling pressure builds and the market searches for the structural support that would prevent the correction from extending further. The price is at a level that demands a response — and CryptoQuant analyst MorenoDV has identified a signal in the Bitcoin flow data that places the […]
Flow Foundation is asking a Seoul court to halt the delisting of FLOW on South Korea’s biggest crypto exchanges. Related Reading: Binance And Founder CZ Cleared As Judge Tosses Terror Financing Case – Details FLOW Fights Back In an announcement made on March 8, Flow Foundation and Dapper Labs (a venture‑backed Web3 company best known […]
Cryptocurrencies present many ways to make money, but they also introduce a volatility risk. Creating cash flow with crypto is essential to avoid extreme price swings and sudden market downturns. CakeDeFi, through its plethora of solutions, makes the revenue generation process much more straightforward and accessible. Crypto Volatility Remains an Issue for Many It is […]