The US Consumer Price Index (CPI) figure for March surprised analysts with a higher-than-anticipated reading of 3.5%. This unexpected increase in inflation isn’t favorable for financial markets, causing most indices to decrease. However, despite the initial drop, Bitcoin has managed to maintain its support and is currently trading around $70,000. The accumulation phase for Bitcoin … Read more
According to a study conducted by Policygenius, it appears that members of Generation Z are more inclined towards investing in cryptocurrencies rather than stocks. The data reveals an intriguing trend in financial preferences among different age groups: approximately 20% of young Americans have invested in cryptocurrencies, and they do so at a rate four times … Read more
Edgar Pavlovsky, the founder of Marginfi, revealed that he was stepping down from the project, explaining that he held differing views on how certain matters were being handled within and outside the organization. On April 11, Edgar Pavlovsky, the founder of Marginfi, announced in a blog post that he was leaving the company due to … Read more
Edgar Pavlovsky, the CEO of MarginFi, a business specializing in cryptocurrency borrowing and lending, announced his departure on Wednesday. This decision followed disputes among team members that were made known to the public. Today, I parted ways with MarginFi and its esteemed research team. Despite the impressive caliber of my colleagues, I find myself at … Read more
Voyager Digital, which previously filed for bankruptcy, reportedly managed to secure approximately $484.35 million in funds through recoveries from FTX, Three Arrows Capital (3AC), and D&O insurance claims. On April 10, an update was given to the US Bankruptcy Court in the Southern District of New York about the progress of recovering and distributing assets … Read more