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Arnold Potts

Founder and Lead Editor of Coinfiend. Arnold loves all things blockchain.

Scammers Flood YouTube with Deep Fake Elon Musk to Dupe Space Lovers

June 8, 2024 by Arnold Potts

YouTube was once again targeted by scammers on Thursday, flooding the platform with deep fake versions of Elon Musk in an attempt to deceive space enthusiasts tuning in to watch the latest launch of SpaceX’s Starship rocket. According to cybersecurity researchers at …

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Tags AI, Cryptocurrency

Semler Scientific Invests Heavily in Bitcoin, Eyes $150 Million Fund: A Sign of Mainstream Acceptance?

June 8, 2024 by Arnold Potts

Semler Scientific, a healthcare technology firm listed on Nasdaq, has made a bold move by acquiring 247 Bitcoin (BTC) valued at $17 million. This acquisition is a clear indication of the growing mainstream acceptance of cryptocurrencies in traditional financial strategies. The company’s …

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Tags Bitcoin, Cryptocurrency

Kraken Considers $100 Million Funding Round Ahead of Potential IPO

June 8, 2024 by Arnold Potts

United States-based cryptocurrency exchange Kraken is reportedly considering a funding round to raise more than $100 million for the firm ahead of a potential initial public offering (IPO). According to a June 6 Bloomberg report citing people familiar with the matter, Kraken …

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Tags Cryptocurrency

Rise in Inflows to US Bitcoin ETFs Propels BTC Toward Record High

June 7, 2024 by Arnold Potts

The United States spot Bitcoin exchange-traded funds (ETFs) have been experiencing a significant rise in inflows, pushing Bitcoin (BTC) closer to its all-time high. According to data from SoSoValue, these ETFs have attracted net inflows for 18 consecutive days, with a total …

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Tags Bitcoin

Chainlink Price Prediction: Can LINK Reclaim $20 Over the Weekend?

June 7, 2024 by Arnold Potts

Chainlink, a decentralized oracle platform compatible with Ethereum, has been making waves in the cryptocurrency market with its native asset, LINK, experiencing a surge in price. Currently trading above $17, LINK has shown resilience after a brief downtrend, with a 1.5% increase …

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Tags Cryptocurrency

Robinhood Announces $200 Million Acquisition of Bitstamp to Expand Globally

June 7, 2024 by Arnold Potts

Robinhood, the popular trading platform known for its zero-fee commission, has announced its plans to acquire the crypto exchange Bitstamp in a $200 million cash deal. This move is part of Robinhood’s strategy to expand its presence in the digital assets market …

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Tags Cryptocurrency

Bitcoin ETFs See $488 Million Inflows, But Google Searches Remain Low: A Sign of Retail Absence

June 6, 2024 by Arnold Potts

United States spot Bitcoin exchange-traded funds (ETFs) have seen significant inflows in recent days, with a total of $488.1 million flowing into these investment vehicles on June 5. This comes on the heels of a strong performance by Bitcoin, which rallied past …

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Tags Bitcoin

Celebrity Crypto Influencer Sahil Arora Faces Ban on Social Media Platform X Amid Scam Allegations

June 6, 2024 by Arnold Potts

Celebrity Meme Coin Influencer Sahil Arora Faces Ban on X amid Growing Scam Allegations Sahil Arora, a well-known crypto influencer who gained popularity for promoting meme coins, is currently facing serious allegations of fraud and illicit behavior in connection with fake crypto …

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Tags Cryptocurrency, Solana

US Lawmakers Call on Biden to Secure Release of Detained Binance Executive from Nigeria

June 6, 2024 by Arnold Potts

US Lawmakers Urge Biden to Rescue Detained Binance Executive from Nigeria A bipartisan group of US lawmakers is calling on President Joe Biden to intervene and secure the release of Tigran Gambaryan, a Binance executive who has been detained in Nigeria for …

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Tags Cryptocurrency

Top 2 Cryptocurrencies Forecasted to Deliver 50% Profits in June 2024

June 5, 2024 by Arnold Potts

The cryptocurrency market is known for its extreme volatility, with the potential to deliver massive profits or significant losses to investors. Timing is crucial in this market, as it can make or break a trader’s portfolio and even change the course of …

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Tags Cryptocurrency
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