Billionaire Charlie Munger’s secret to successful investing is waiting and not buying and selling
Renowned businessman and billionaire, Charlie Munger, recently underscored the importance of patience in investment, stating that the big money isn’t in buying or selling, but in waiting. Munger’s insight highlights the power of compounding and the influence of time on investment growth. As investments yield returns, reinvesting these returns can potentially lead to exponential growth […]
Shiba Inu (SHIB) hits milestone as Shibarium surpasses one Million blocks
The popular digital currency, Shiba Inu (SHIB), has marked another significant achievement with its recently launched blockchain solution, Shibarium, surpassing one million blocks. ShibariumScan confirmed the milestone, indicating a rising demand for scalable features within the blockchain solution. Just a few weeks prior, the Layer-2 network reached another peak with over three million transactions, and […]
Ethereum foundation cashes out $2.76 Million in ETH
The Ethereum Foundation, a non-profit spearheading the development of Ethereum, has reportedly sold a significant amount of its Ethereum (ETH) holdings. The sale amounted to 1,700 ETH, which is equivalent to $2.76 million. The transaction was observed and reported by crypto analytics firm Scopescan. The Ethereum Foundation converted the ETH into Circle’s USDC stablecoin via […]
RFK Jr. quits Democrats, runs for Presidency as an independent with pro-crypto agenda
Presidential candidate Robert F. Kennedy Jr. has left the Democratic party to run as an independent, with a pro-crypto stance central to his campaign. On October 9, RFK Jr. made the announcement at a rally in Philadelphia, through Youtube. Despite his bold move, the candidate is currently polling at 19% according to his supporting super […]
Shibarium network hits 3M transactions but SHIB and BONE tokens struggle
The Shibarium network, an integral part of the Shiba Inu [SHIB] ecosystem, has hit 3 million transactions, yet the SHIB and BONE tokens are experiencing declines. The Shibarium network, despite its transaction landmark, has seen a decrease in active accounts and daily new accounts over the past month. Shibarium had a total of 26,691 accounts […]
Justin Sun’s unexpected $132M Ethereum transfer shakes the crypto world
Justin Sun, the founder of Tron (TRX), has suddenly moved a hefty sum of Ethereum (ETH) worth $132 million. The unexpected shift of crypto assets was first detected by on-chain data tracker Lookonchain. Sun is reportedly withdrawing the Ethereum from liquid staking service provider Lido (LDO), with 43,000 ETH ($70 million) already successfully deposited to […]
Huobi regains $8 Million in stolen Ethereum following hacker negotiations
Following successful negotiations with a hacker, Huobi Global has recovered $8 million in stolen Ether (ETH). The crypto exchange made contact with the hacker who had absconded with the funds in September, leading to a successful resolution. Investor and HTX adviser, Justin Sun, announced the news on Twitter, stating that the hacker had made “the […]
After 3 years of silence, $140 Million Bitcoin wallet springs back to life
After a long period of hibernation, a Bitcoin wallet containing roughly $140 million worth of cryptocurrency has suddenly sprung back into action. The Bitcoin address had been inactive for over three years before it unexpectedly shifted about $140 million worth of Bitcoin earlier this week. Blockchain tracking company PeckShieldAlert reported that the dormant wallet, holding […]
Cryptocurrencies lack ‘Innate Or Inherent Value’, asserts SEC in Coinbase lawsuit
The Securities and Exchange Commission (SEC) is asserting that cryptocurrencies do not possess any “innate or inherent value” in its ongoing case against Coinbase Inc. in federal court The SEC’s argument comes in response to Coinbase’s motion to dismiss the agency’s lawsuit filed during the summer. The SEC asked the judge to disregard Coinbase’s argument […]
SEC likely to withdraw charges against Ripple (XRP), predicts tech VC Yassin Mobarak
Yassin Mobarak, founder of tech-focused private equity firm Dizer Capital, anticipates that the United States Securities and Exchange Commission (SEC) may withdraw all accusations against Ripple and its CEO Brad Garlinghouse. Mobarak stated in a X post that it wasn’t in the SEC’s interest to have a trial where, in his words, “their corruption can […]