Nathanielbirkett pfp

Nathanielbirkett

@nathanielbirkett

89 Following
32 Followers
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
U.S. spot Bitcoin exchange-traded funds (ETFs) saw $71.73 million in net outflows on Thursday, marking the third consecutive day of declines. BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, recorded its first net outflows since May 1, with $13.51 million exiting the fund, according to data from SosoValue. Other major Bitcoin ETFs also experienced outflows. Grayscale’s GBTC saw $22.68 million withdrawn, while Fidelity’s FBTC registered $31.11 million in outflows. Bitwise’s BITB and Valkyrie’s BRRR reported outflows of $8.09 million and $1.68 million, respectively.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently raised over $650 million from more than 200,000 investors worldwide, including many Haitian-Americans. NovaTech and co-founders Cynthia and Eddy Petion allegedly promised investors their money would be safe, with Cynthia Petion assuring they would be "in profit from day one." The SEC said the Petions instead used new money mainly to repay earlier investors and pay commissions to promoters, while siphoning millions of dollars for themselves. It said the scheme lasted for four years until NovaTech's May 2023 collapse. Monday's lawsuit in Miami federal court came two months after New York Attorney General Letitia James sued NovaTech and the Petions in a state court in Manhattan, estimating their fraud at more than $1 billion.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Kamala Harris’ campaign is reportedly in discussions with Bitcoin Magazine about her possible participation in the upcoming Bitcoin Conference. In a recent post on X, Bitcoin Magazine CEO David Bailey revealed that they are “in talks with Kamala Harris campaign for her to speak at the conference.” Bailey claimed that Harris’ appearance could “reset the Democrat positioning on the fastest growing voter block in the country.” The decision from Harris’ camp is anticipated today. The endorsement underscores the potential for Harris to carve out a distinctive niche within her party, positioning herself as a forward-thinking leader in the tech space. Further supporting this narrative, Harris’ team has reportedly reached out to several cryptocurrency executives for policy input ahead of the Democratic National Convention. Tech leaders see a strategic opening for Harris to garner support from Silicon Valley by adopting a more pro-innovation stance.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
The crypto asset manager is launching a new fund focusing on decentralized artificial intelligence. The Grayscale Decentralized AI Fund LLC, which will rebalance quarterly, aims to bolster investment endeavors regarding AI in the cryptocurrency industry, according to a release shared with The Block. Decentralized AI projects already included in the fund's basket as of today's launch are Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR), and Render (RNDR). Near, Filecoin and Render are, respectively, the top-weighted assets in the fund. The release continues that the fund will focus on financing projects in three areas: chatbots, generative images and other decentralized AI uses; addressing centralized AI problems like deep fakes, misinformation and authenticating bots; and AI-related infrastructure like GPU computation, data storage, decentralized marketplaces and other services.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Coinbase responded to the SEC's petition, in which the regulator asks the court to block access to a "reasonable investigation" regarding Gensler's correspondence. In a statement, the exchange's general counsel, Paul Grewal, emphasized that any legal process should be as transparent as possible. “Democracy, like due process, dies in darkness. We appreciate the court's careful consideration of this issue,” he said. Earlier in June, Coinbase demanded that the SEC provide all documents regarding the legal status of cryptocurrencies. The trading platform also requested access to Gensler's personal communications to verify what views he actually holds regarding digital assets.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
https://www.youtube.com/watch?v=ZfvWYE0NOwE
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
In July, Mt.Gox's creditors will likely sell some of the recovered bitcoins, which will put pressure on the market. This was stated by JPMorgan analysts, The Block writes. On June 24, Bitcoin fell below $60,000 after the trustee of the collapsed exchange announced plans to begin paying compensation in July. The bankruptcy trustee is expected to distribute assets of 142,000 BTC, 143,000 BCH and 69 billion yen. Experts expect a potential recovery from the dump in August. The company also suggested that Gemini Earn clients had recently liquidated some of the assets they had received.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Kaspa uses a proof-of-work (PoW) consensus mechanism called GHOSTDAG protocol, and unlike bitcoin, it allows multiple blocks to be produced simultaneously. This process helps make transactions faster and provides more block rewards for miners, according to a statement from Marathon. “By mining Kaspa, we are able to create a stream of revenue that is diversified from Bitcoin, and that is directly tied to our core competencies in digital asset compute,” said Adam Swick, Marathon’s chief growth officer in the statement. The Kaspa token's price has risen nearly 50% this year, while bitcoin climbed 44%. The broader CoinDesk 20 index is up nearly 16% in the same time period. Marathon started mining Kaspa in September of last year after bringing the first mining computer online. The miner has bought 60 petahash worth of mining machines that can generate profit margins of up to 95%, according to the statement.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Bitcoin and other cryptocurrencies were falling early Friday. However, MicroStrategy has made another major purchase of the largest crypto. Bitcoin BTCUSD -0.74% was down 1.5% over the past 24 hours to $64,617. Bitcoin hit a record high near $74,000 in mid-March amid a surge of interest from new spot exchange-traded funds but its price has dropped since then. Cryptocurrencies have been restricted by relatively high bond yields as the market scales back expectations for interest-rate cuts from the Federal Reserve. “Bitcoin is not so much “digital gold” as it is a speculative instrument driven by excess dollar liquidity. Since 2011, the primary factor driving all major Bitcoin bull markets is when the U.S. Federal Reserve pivots to dovish,” Barry Bannister, chief equity strategist with Stifel, wrote in a research note this week.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Solana Labs, the company behind the Solana blockchain, has partnered with communications startup Dialect to introduce a new product called Actions and Blinks. According to a June 25 statement, Access Protocol, alongside other notable blockchain projects like Jupiter, Backpack, Tensor, and Sphere Labs, will integrate Solana Actions and Blinks into their operations. How Access protocol will utilize Actions and Blinks Solana Actions are Application Programming Interfaces (API) facilitating signable transactions for specified programs, while Blinks leverages these APIs to create user-friendly interfaces. A spokesperson explained: “Protocols map transaction links to a specific Solana Action. Blinks are the technology that unfurl the links in an easy-to-use interface via browser extensions.”
0 reply
0 recast
3 reactions
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Thus should husbands love their wives as their own bodies: he who loves his wife loves himself.
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
You are all beautiful, my beloved, and there is no stain on you!
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
And the Lord God said: It is not good for man to be alone; Let us make him a helper suitable for him.
0 reply
1 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
Who will find a virtuous wife? its price is higher than pearls.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
He answered and said to them, Have you not read that He who created in the beginning made them male and female? And he said, “For this reason a man will leave his father and mother and be united to his wife, and the two will become one flesh, so that they are no longer two, but one flesh.” So, what God has joined together, let no man separate.
0 reply
0 recast
0 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
I dream of a big and beautiful wedding
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
0 reply
0 recast
1 reaction
Nathanielbirkett pfp
Nathanielbirkett
@nathanielbirkett
0 reply
1 recast
1 reaction