Recent developments in the Hong Kong ETF market have led to the approval of spot Bitcoin and Ethereum exchange-traded fund applications. While this is a significant milestone for the city-state in its quest to become a central digital assets hub, there are lingering doubts about the market’s potential performance compared to the United States. In
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Bitcoin, the pioneer cryptocurrency, has been the center of attention for many investors and enthusiasts. One crypto analyst, Willy Woo, has recently made a bold prediction about Bitcoin’s future price, foreseeing a surge to $650,000. This prediction is based on the growing popularity of Spot Bitcoin ETFs in the market. The Influence of Spot Bitcoin
A recent analysis conducted by the crypto exchange Bybit has raised concerns about a potential shortage of Bitcoin (BTC) on exchanges by the end of 2024 if the current demand levels persist. According to Bybit’s report, reserves could be completely exhausted within the next nine months, given the current withdrawal rates of around 7000 BTC
The recent surge in the Solana meme coin market has brought a newcomer to the scene – Peshi Cat (PESHI). This new coin has experienced an astounding 120x increase in value, causing quite a stir in the crypto world. However, a closer look at PESHI’s price movements reveals a rather volatile and unpredictable pattern. PESHI’s
The recent turbulent conditions in the cryptocurrency market have not deterred Ethereum whales from making strategic moves. Despite the significant dip in Ethereum’s price, whales like “0x435” have seized the opportunity to accumulate large sums of ETH. This particular whale invested a whopping 70 million USDC to acquire 23,790 ETH when Ethereum hit nearly $2,930.
Avalon, an independent Web3 gaming studio, recently made waves in the gaming industry by securing a $10 million funding round led by Bitkraft Ventures and Hashed, with participation from other prominent investors such as Coinbase Ventures, Spartan Capital, and Foresight Ventures. The goal behind this funding is to expedite the development of Avalon’s pioneering blockchain
The provincial government of Buenos Aires has taken a significant step by formally accusing Worldcoin of violating consumer laws due to what they claim are “abusive clauses” in its user agreement. Among the allegations made by the government is that Worldcoin’s user agreement allows the company to interrupt services without providing any form of repair
The cryptocurrency market is experiencing volatility, with the bears taking control amid concerns about geopolitical tensions and strong economic data. Bitcoin and other major altcoins like Ether, Solana, XRP, and Toncoin have seen declines, with traders turning to the on-chain micro-cap markets to search for potential gainers. The current market sentiment is influenced by factors
Recently, US Senators Elizabeth Warren and Charles Grassley have raised concerns regarding potential regulatory failures in the Commodity Futures Trading Commission (CFTC) following the sentencing of crypto mogul Sam Bankman-Fried for defrauding investors. The senators have formally requested a detailed accounting of all interactions between CFTC Chair Rostin Behnam and Bankman-Fried, shedding light on the
The situation surrounding Binance executive Nadeem Anjarwalla is quite complex as he faces extradition from Kenya after escaping custody in Nigeria. Anjarwalla’s whereabouts were uncovered in Kenya after a manhunt that originated from Nigeria, prompting the Nigerian government to collaborate with Interpol and Kenyan authorities to extradite him back to Nigeria. Anjarwalla managed to escape
The recent pump in the Solana meme coin market has seen the emergence of a new meme coin called Ultimeme Fighting Championship (UFC token), which has experienced an astonishing increase of +27,000%. This surge in price has brought attention to the potential investment opportunities within the meme coin market. Ultimeme Fighting Championship was introduced as
As the fourth Bitcoin Halving approaches, there has been much speculation about the future of the cryptocurrency market. Lady of Crypto, a respected market analyst and trader, has shared her insights on the matter. She has analyzed the recent market decline and the upcoming Bitcoin halving scheduled for this month. Lady of Crypto has dismissed
Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session. House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer last week to deliberate on stablecoin legislation, a key area of financial technology
In a groundbreaking move, STEPN, the innovative move-and-earn lifestyle app, has teamed up with global sportswear giant Adidas to introduce a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This partnership signals the start of a year-long collaboration between the two companies, with promises of more NFT drops and physical wearable items in the pipeline.