Bitcoin Steady Over $52K;Traders Target $55K in Short-Term
19.2.2024
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said
South Korea’s Ruling Party Seeks Cryptocurrency Tax Delay as Election Promise
19.2.2024
South Korea’s ruling People Power Party is advocating for a two-year postponement of the taxation on gains from cryptocurrency investments. The move is seen as a potential campaign promise for the upcoming general election scheduled for April. The party aims to prioritize establishing...
Y Combinator Expands Focus to Include Stablecoin Startups
19.2.2024
Y Combinator identified 20 specific areas in its latest Request for Startups list, potentially signaling upcoming investment trends. The venture fund, known for backing early-stage tech startups, highlighted stablecoin finance as one of its key investment areas. Stablecoins are a type...
VanEck Fined by SEC for ETF Marketing Blunder
19.2.2024
VanEck has been fined $1.75 million by the Securities and Exchange Commission (SEC) after failure to disclose a social media influencer’s role in the launch of an exchange-traded fund (ETF). In March 2021, Van Eck launched a “Social Sentiment ETF” trading under the ticker “BUZZ.” The ETF tracks...
Peter Schiff Warns SEC Could Change Definition of ‘Security’ — Expects Lots of Investors to Be Retroactively Fined
19.2.2024
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change...
Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches
19.2.2024
The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing...
Cryptographic Clarity: Unmasking Satoshi Nakamoto Demands Ironclad Evidence Amid a Sea of Claims
18.2.2024
In the past seven years, the crypto world has witnessed various individuals claiming to be the true Satoshi Nakamoto, the mastermind behind the Bitcoin white paper and the initiator of the first blockchain. Yet, despite their efforts, none have managed to convince the community of their...
Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event
18.2.2024
As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically, bitcoin’s value has surged six to seven months ahead of halvings...
Historic Bitcoin Stashes Mobilize Amid Rising Market Valuations
18.2.2024
With bitcoin’s value rising past the $51,000 mark, numerous long-dormant bitcoin hoards have begun to mobilize unspent transaction outputs (UTXOs) that have remained untouched for an extended period. Although instances involving ‘sleeping bitcoins’ from the years 2009, 2010...
Bonk Price Prediction as BONK Sees $50,000,000 Trading Volume Flood In – Are Whales Buying?
18.2.2024
Amidst a surge of activity, Bonk price has become a focal point for traders, as its price hovers at $0.000013 and trading volumes soar. The recent influx of $72,954,797 signals a robust market interest, potentially leading to a bullish Bonk price prediction. With a market cap of $828.4 million...
FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims
18.2.2024
FTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According...