Cryptocurrency, the digital revolution in finance, is reshaping the global financial concept. So, this is according to an original survey by Binance, the world’s largest cryptocurrency exchange. Apparently, an overwhelming revelation surfaced—76% of participants believe that digital assets hold the…
Spot Bitcoin ETFs Potential Approval: McClurg’s Insights and Crypto’s Evolution
Valkyrie Asset Management Chief Investment Officer, Steven McClurg, shows confidence regarding the impending approval of the first spot Bitcoin ETF in the United States. During Valkyrie’s application pending with the SEC, McClurg stands alongside other asset managers. The other managers…
Galaxy Digital sold $71 Million worth of Ethereum causing a change in market
Key Highlights: Recent analytics reveal that Galaxy Digital, a major institutional crypto whale, has gradually liquidated $71 million worth of Ethereum. The consistent selling by the cryptocurrency bank, founded by Mike Novogratz, has significantly impacted the Ethereum market dynamics. Coinciding…
Grayscale CEO opposes JPMorgan’s Dimon for Being Optimistic About Ethereum
Key Highlights: Grayscale CEO Michael Sonnenshein playfully addressed JPMorgan CEO Jamie Dimon’s historical skepticism toward cryptocurrencies, especially Bitcoin, in light of JPMorgan’s recent optimistic forecast for Ethereum ‘s performance in 2024. JPMorgan’s Unusual Bullish Outlook on Ethereum Despite Dimon’s traditionally…
US Presidential Candidate Vivek Ramaswamy Voices on Crypto Regulation
Vivek Ramaswamy, US presidential candidate in discussions regarding federal crypto regulations, addressed critical aspects during an interaction hosted by the Coinbase-backed Stand with Crypto Alliance. He emphasized the need for a vibrant, innovative ecosystem while advocating for regulatory transparency and…
Pi Network Secures Exclusive ‘Pi’ Trademark: USPTO Approval Unlocks New Avenues
Key Highlights: Pi Network achieves a significant milestone as the US Patent and Trademark Office grants official approval for the exclusive use of the “Pi” name in connection with their blockchain products and services. The Significance of USPTO Recognition Receiving…
Bitcoin Hits Fresh Highs: Pompliano Insights on the Crypto sphere
Bitcoin recently surged past the $44,000 mark, after months of trading within a narrow range below $42,000. Anthony Pompliano, a notable figure in the crypto space, analyzed the reasons behind this surge. Which he attributes to the increased market demand,…
El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
The nation in Central America, led by Nayib Bukele, has teamed up with the controversial stablecoin Tether for a new venture. On Thursday, the El Salvadoran government, in collaboration with Tether, introduced a joint initiative named “Adopting El Salvador Freedom.”…
Raoul Pal 2024 Bitcoin Projections: Bullish scenarios and insights on Ethereum & Solana. Expect a surge in crypto
Raoul Pal, a prominent figure in the financial world, is eagerly eyeing the 2024 crypto bull market. His optimistic outlook revolves around the potential for substantial gains in Bitcoin and the entire digital assets sphere. Pal, a former Goldman Sachs…
US Government’s Crypto AML Measures: Impacting the National Defense Bill
Key Highlights: The United States government has recently removed two provisions from the National Defense Authorization Act (NDAA). Specifically targeting Anti-Money Laundering concerns associated with crypto currency. Revoking NDAA Provisions: A Closer Look Among the various provisions excised from the…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
