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Tether CEO Foresees Pension Funds and Corporations Embracing Bitcoin
Tether CEO Paolo Ardoino predicted growing integration between Bitcoin and mainstream finance on Tuesday. Additionally, Ardoino cited rising interest from hedge funds, pension funds, and corporations in adding the cryptocurrency to their portfolios and balance sheets. Speaking during a Bitfinex livestream event, Ardoino said he expects fund managers will look to allocate up to 5%......
Ethereum Dencun Upgrade Set for March 13 Launch
The Ethereum Foundation confirmed Tuesday that the long-anticipated Dencun network upgrade has successfully completed all testing phases. The announcement also stated that it will officially launch on the Ethereum mainnet at epoch 269568 on March 13th. Dencun's mainnet activation will occur at approximately 13:55 UTC next month. Additionally, the upgrade will introduce key scaling improvements......
🥛 50 Shades of Green 🤑
Today’s edition is brought to you by CoinTracker – a crypto tax solution that simplifies filing with thousands of seamless integrations and auto-import to TurboTax.Generate accurate reports and file in minutes today!GM. This is Milk Road. We track crypto trends like your nosy neighbor - always watching (and occasionally gossiping).Here’s what we got for you......
Sam Bankman-Fried Continues Legal Fight, Hires Ex-Trump Lawyer
Despite his conviction for fraud last December, Sam Bankman-Fried continues to wage legal battles on multiple fronts to save himself from life imprisonment. The 31-year-old former FTX CEO has hired ex-Trump lawyer Marc Mukasey ahead of a crucial sentencing memo, according to The New York Times. The memo will argue that he deserves minimal jail......
Exodus Wallet Review 2024
The Bottom Line: Exodus Wallet provides a convenient and accessible way to manage coins and tokens across multiple blockchains with just one app. With this convenience come some limitations that may not be acceptable to veteran blockchain users. But, for newcomers, Exodus offers an easy-to-use interface, a fiat on-ramp, in-app swaps, and access to a......
MicroStrategy Price Target Set at $990 on Bitcoin Growth Forecast
Investment banking firm Benchmark initiated coverage of business intelligence firm MicroStrategy on Tuesday, publishing a 'buy' rating and a 2025 share price target of $990. The bold MicroStrategy forecast centers on an assumed future appreciation of the company's sizable Bitcoin holdings. The analysts expect the BTC stash to swell on factors like SEC spot ETF......
Republicans Renew Push to Block Central Bank Digital Currency (CBDC)
Republican lawmakers have put forward fresh legislation aimed at preventing the Federal Reserve from developing a central bank digital currency (CBDC) over privacy concerns. On Monday, Senator Ted Cruz (R-TX) filed the "CBDC Anti-Surveillance State Act" along with four other GOP senators. The bill seeks to clarify that the Fed lacks authority to create a......
Do Kwon Extradition Delayed, Likely to Miss SEC Fraud Trial Start
Terra founder Do Kwon will likely miss at least the beginning of a U.S. civil fraud trial slated to kick off on March 25th, according to his attorney. The delay stems from ongoing extradition proceedings in Montenegro, according to Reuters. Kwon faces charges from both the Securities and Exchange Commission (SEC) as well as criminal......
Ethereum Outpaces Bitcoin in 2024 With 33% Gain: Report
Ethereum (ETH) has rallied 33% year-to-date, handily outpacing Bitcoin's gain. Beyond speculative demand for a spot ETF, other catalysts appear to be driving the outperformance. In their latest research note, analysts at Bernstein cite Ethereum's deflationary tokenomics as a key driver of ETH's robust appreciation this year. Additionally, swelling amounts of ETH deposits into staking......
🥛 Satoshi’s long-lost emails 👀
Today’s edition is brought to you by Sui – the infinitely scalable, lightning-fast layer 1 blockchain that delivers the benefits of Web3 with the ease of Web2.Get 20% off a standard pass to Sui Basecamp with the code “sui-milkroad-20”.GM. This is Milk Road, your crypto news espresso – a small shot, packed with a wake-up......
