Bitcoin at Risk of Snapping Historic Winning Streak, but 'Perfect Storm' Brews for a Strong 2024
15.12.2023
Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin's first eight-week streak of gains since 2017
Crypto Experts are Accumulating This AI Coin Before it Lists on Exchanges – How to Buy Early?
15.12.2023
The presale success of Launchpad XYZ’s AI crypto trading tools is catching the eye of smart money crypto investors seeking predictive analytics. Image by Pol Solé, Adobe Stock. Web3 is on continuously evolving ground, with new trends and technologies constantly being integrated. One of...
JPMorgan Analysts Predict Ether Will Outperform Bitcoin Next Year; Halving Priced In
15.12.2023
JPMorgan analysts predict ether, the main asset of the smart contracts enabled Ethereum blockchain, will likely outperform bitcoin next year. A note released this week explains that Proto-Danksharding, an update coming to Ethereum next year to address the network’s operative capacity, will...
Bitcoin ‘Cash Creates’ Model ETFs are a “Done Deal” Says Expert – Here’s What You Need to Know
15.12.2023
Source: Adobe Stock Bitcoin spot ETF applicants will almost certainly be forced by regulators to adopt an “in-cash” redemption model for their fund’s shares, according to Bloomberg ETF analyst Eric Balchunas. When asked how negotiations between the Securities and Exchange Commission (SEC)...
Coinbase Tried to Rein in a Renegade SEC That's Trying to Rein in a Renegade Industry
15.12.2023
The SEC rejected Coinbase's petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it
Financial Regulators Urge Congress to Pass Crypto Legislation in New Report
15.12.2023
The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation...
CFA Renews Accusations Against Circle, Says CCTP May Be Funding Terrorism via Tron
15.12.2023
Nonprofit watchdog CFA alleged Circle’s blockchain protocol CCTP enables money laundering and funding of terrorism through Tron network. Image by Kerem Goktug Kaya, DALL-E 3. The Campaign for Accountability (CFA), a nonprofit ethics watchdog, renewed its accusations against Circle on December...
SEC Denies Coinbase Push for Crypto Regulation, Cites Own Priorities
15.12.2023
The SEC rejected Coinbase’s plea for customized crypto regulations, preferring to apply traditional securities laws. Image by RareStock, Adobe Stock. The Securities and Exchange Commission (SEC) rejected a petition by cryptocurrency exchange Coinbase on Friday requesting the creation...
Arrest Warrant Issued for Self-Proclaimed ‘Crypto King’ Accomplice in $14 Million Scam
15.12.2023
Source: Pixabay A judge in Ontario, Canada has issued a warrant for the arrest of Ryan Rumble, an accomplice of Canada’s self-proclaimed “crypto-king” Aiden Pleterski, for aiding the con artist in his years-long eight-figure crypto investment scam. A class action lawsuit launched earlier this year...
Red Bull Formula 1 Team Launches NFT Collection on Sui Blockchain
15.12.2023
Source: Pixabay The Red Bull Formula 1 team has dropped an exclusive NFT collection on the Sui blockchain after a dominant performance in the 2023 Formula 1 season. The team announced in a press release Friday that fans would be able to mint the collectibles free of charge exclusively on Sui,...
Bitcoin Price Prediction as Gary Gensler Says SEC Taking ‘New Look’ at Spot BTC ETFs – Approval Coming?
15.12.2023
In the dynamic landscape of cryptocurrency, Bitcoin, the pioneering digital currency, has recently seen a downturn, slipping below the $43,000 threshold. This decline aligns with the broader crypto market, which witnessed a 0.25% drop in its global market cap, now standing at $1.61 trillion. This...
Bitget Forecasts BTC to Reach $100,000 and ORDI’s Ascent in Next Bull Market
15.12.2023
In a newly published prediction report, Bitget, a leading derivatives crypto exchange, forecasts a vibrant future for the Bitcoin ecosystem, with BTC potentially soaring to $100,000 and the ORDI BRC20 token climbing the ranks in the next bull market. Bitget researchers say this expansion is set...