Gokhshtein Media Founder on Why He Is More Bullish on $ETH Than $BTC

On Thursday (1 December 2022), entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, explained why he is currently more bullish on Ethereum ($ETH) Earlier today, Gokhshtein told his over 703K Twitter followers: Here is how ETH-BTC has performed over the past five-day period: On 21 October 2022, Arthur Hayes, Co-Founder and former CEO of BitMEX, explained why […]

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Arco Platform Rallies On Buyout Proposal

Shares of Arco Platform Limited (ARCE) are rising more than 21% Thursday morning after the company said it received a buy-out proposal from General Atlantic L.P. and Dragoneer Investment Group, LLC. The purchase price proposed by the companies is $11 per share, a 22% premium over the closing price of 9.04, as on November 30. Arco Platform, a technology company […]

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Kintara Therapeutics Rallies As Its REM-001 To Treat Breast Cancer Gets Fast Track Designation

Shares of Kintara Therapeutics, Inc. (KTRA) are rallying more than 22% after the company received Fast Track Designation from the FDA for REM-001 for the treatment of patients with cutaneous metastatic breast cancer (CMBC). REM-001 was studied in four Phase 2/3 trials in patients with CMBC who had previously received chemotherapy and/or failed radiation therapy. “We believe this designation is […]

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ARK Invest CEO Remains Confident That Bitcoin Price Will Hit $1 Million by 2030

In a recent interview, Catherine Wood, Founder, CIO, and CEO at ARK Investment Management, LLC (aka “ARK” or “ARK Invest”), recently shared her thoughts on Bitcoin and Ethereum. Wood’s comments were made on Wednesday (23 November 2022) during an interview with Carol Massar and Tim Stenovec on Bloomberg Businessweek Radio. One of the first questions for Wood was why she still trusts […]

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Fed Relief Helps Cryptos Overcome FTX Pain

Strong indications of a likely slowing down in the pace of interest rate hikes, contained in the recently released Fed Minutes helped cryptocurrencies attempt a modest rebound in the past 24 hours. Overall crypto market capitalization surged more than 1 percent overnight as hopes of a sooner-than-expected Fed pivot strengthened. The minutes of the Federal Open Market Committee meeting held […]

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Governor Hochul Signs Law Banning New Proof-of-Work Crypto Mining In New York

New York Governor Kathy Hochul has signed into law a bill clamping down on bitcoin mining within the state. The legislation places a two-year ban on new permits being issued or existing permits being renewed to conduct fossil fuel-powered proof-of-work (PoW) crypto mining operations. PoW is a particularly energy-hungry method for verifying transactions on the blockchain used by popular cryptocurrencies, […]

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