Crypto SWOT: The rally in Bitcoin is creating nearly 1,500 “millionaire wallets” daily

Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was 0x Protocol, rising 144%.

Bitcoin declined after setting a record high for the fifth time in seven days, dropping below $70,000 with investors pulling back from riskier assets across financial markets. The popular digital asset dropped as much as 6.3% on Thursday after climbing to an all-time high on the day, writes Bloomberg.

With nonfungible tokens attempting a comeback amid the latest crypto renaissance, Hivemind Capital partners is seeking to raise at least $50 million for a fund dedicated to the intersection of digital art and blockchain, writes Bloomberg.The founder of a cryptocurrency mixing service known as Bitcoin Fog was convicted in Washington federal court of helping to launder tens of millions of dollars from darknet markets known for selling illegal drugs.

is CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors. The company’s no-load mutual funds include the Global Resources Fund , the World Precious Minerals Fund and the Gold Shares Fund .

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