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Indo-Pacific Nations Outpacing the US in Crypto Regulation, SEC Commissioner Says
25.10.2024
A U.S. Securities and Exchange Commission (SEC) commissioner has urged the U.S. to adopt a more proactive approach to crypto regulation, pointing to the leadership of Indo-Pacific nations like Japan, Singapore, and Hong Kong. He emphasized that these countries have crafted clear frameworks that...
Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price
25.10.2024
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing...
Bitcoin 2024 Forecast: Experts Split on $125K Bullish or $40K Bearish BTC Outlook
25.10.2024
Bitcoin’s future value remains a hot topic, with Finder’s latest survey reflecting expert opinions on its trajectory. While BTC is expected to hit $77,636 by the end of 2024, long-term projections predict growth to $113,364 by 2025 and $282,238 by 2030. Despite this cautious optimism...
Bitcoin Bill Clears Major Hurdle in Pennsylvania, Signaling Crypto Regulation Changes
25.10.2024
The Pennsylvania House of Representatives has overwhelmingly passed a bipartisan bill that protects the rights of residents to self-custody bitcoin and use it as a payment method, while establishing tax guidelines for bitcoin transactions. The Bitcoin Rights bill, which passed 176-26, now moves...
Wall Street to Surpass Satoshi as Top Bitcoin Holder This Year — Analysts Expect $200K BTC Soon
25.10.2024
Bitcoin could reach $200,000 next year, driven by institutional adoption and major market events, according to a new report. Analysts expect Wall Street to surpass Bitcoin’s pseudonymous creator, Satoshi Nakamoto, as the largest BTC holder. “By the end of 2024, we expect Wall Street...
SEC Ramps up Crypto Oversight With New Examination Priorities for 2025
25.10.2024
The U.S. Securities and Exchange Commission (SEC) is ramping up its scrutiny of crypto assets in 2025, intensifying examinations of firms involved in offering, trading, and advising on these assets. The agency will focus on how these assets are handled as securities, ensuring compliance with...
Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices
25.10.2024
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party’s business-friendly reputation, which resonates...
Western Investors Flip-Flop on Gold, Become Bull Market Price Setters
24.10.2024
Jan Nieuwenhuijs, a seasoned gold market analyst, has observed a change in gold purchasing flows, stating that while the East previously drove prices up, Western investors are now in charge of pushing the gold market to new heights. However, a ‘perfect storm’ for gold prices might ensue...
Bitcoin ETFs See Huge Turnaround—Find Out Which Fund Led the Charge
24.10.2024
The 12 U.S. spot bitcoin exchange-traded funds (ETFs) enjoyed a $192.31 million boost on Wednesday, bouncing back from a rough Tuesday. Even the nine ether funds joined in the fun, seeing some modest gains during the day’s trading. U.S. Crypto ETFs Bounce Back On Oct. 23, 2024, U.S. spot...
Vantard’s Initial Presale Sells $500K Instantly: Next Round Opens Today
24.10.2024
Crypto’s first Meme Index Fund (MIF), Vantard, made an explosive debut on 22nd October, selling out the first round of its presale, worth $500K, in a matter of minutes. With the treasury fully loaded, Vantard has conducted spot purchases of memecoins, building its portfolio of the world’s...
8 Months of Inactivity, Then Millions Withdrawn: What’s Going on With the US Government’s Seized Crypto?
24.10.2024
Blockchain monitoring firm Arkham Intelligence has reported that the U.S. government recently initiated a significant transaction, withdrawing $5.4 million from the decentralized finance (defi) platform Aave. This transfer marks the first activity on this specific government-linked address in eight...
The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support
24.10.2024
According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and Wells Fargo—has been looking into various strategic paths, including the possibility of a sale. Sources with knowledge of the situation noted that blockchain...
Former US Federal Agent Freed From Nigerian Prison After 8 Months
24.10.2024
Tigran Gambaryan, a U.S. citizen and former federal agent detained in Nigeria for eight months, has been released. The charges against him, brought by the Economic and Financial Crimes Commission, were dropped. The release of the Binance executive from one of Nigeria’s notorious prisons...
SimpleFX 10th Birthday: The Decade of Online Broker
24.10.2024
PRESS RELEASE. After ten years of constant development, SimpleFX can proudly celebrate this one-of-a-kind anniversary with a unique event. This year, the platform’s users will have a chance to compete in a trading contest with a $100 000 and 5 000 SFX Coins prize pool! The plan to celebrate...
Retail Bitcoin Activity Hits a Low—Cryptoquant Report Explores What Is Next for Markets
24.10.2024
Retail bitcoin investors are slowly making a comeback, though their demand growth continues at a sluggish pace compared to historical standards. Data from Cryptoquant reveals that small-scale investors are still trailing behind their larger counterparts as 2024 unfolds. Cryptoquant Analysis:...
Kraken Set to Dive Into Blockchain Waters With Its Own Chain, ‘Ink’
24.10.2024
Kraken is setting its sights on launching its own blockchain next year, much like Coinbase’s Base chain, according to a report from Bloomberg’s Olga Kharif. The new network, which is focused on decentralized finance (defi), is expected to release a testnet later this year. Reportedly...
Could Trump’s 2024 Victory Send Bitcoin Soaring to $92K? This Bitwise Exec Thinks So
24.10.2024
Bitwise’s head of alpha strategies, Jeff Park, projects that a Trump win in the 2024 U.S. election could push BTC prices toward the $92,000 mark. Park isn’t alone in this prediction; a number of analysts and financial institutions are entertaining similar thoughts. Bitwise Head...
MAGA (TRUMP) Price Up 17%, Is $DUM The Next PolitFi Crypto to Explode
24.10.2024
Politics and crypto are colliding once again. The popular MAGA (TRUMP) token has jumped 17% in the past 24 hours, with traders piling in as election season heats up. However, some traders are opting for FreeDum Fighters (DUM) instead – another politically charged meme coin showing signs...
Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners
24.10.2024
The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe...
Vintage 2011 Bitcoin Wallet Moves $10M, Linked to All of October’s 2011 Spends
24.10.2024
On Oct. 24, at block height 867,127, a bitcoin wallet from 2011 suddenly moved 150 bitcoins, marking the first transaction in over 13 years. This is the fifth occurrence this month of bitcoins from 2011 being spent, and it’s extremely likely that most of these transactions are all connected...