The chief executive of Grayscale, a leading digital asset management firm, believes that the United States has a significant opportunity to dominate the cryptocurrency space by shaping effective regulations. In a recent interview with Yahoo Finance, Grayscale CEO Michael Sonnenshein expressed optimism about the progress made in the past year and highlighted the bipartisan support […]
Thailand’s Kasikornbank launches $100M fund for Web3, AI projects
Kasikornbank launches $100 million KXVC fund, targeting AI and Web3 projects, with plans to support startups expanding into the APAC region and foster Southeast Asia’s Web3 ecosystem. […] Read More… The post Thailand’s Kasikornbank launches $100M fund for Web3, AI projects appeared first on CoinGeek.
German Watchdog Exec Predicts More Crypto Crashes, Calls For Regulations
Rupert Schaefer, an executive at Germany’s financial regulatory authority, emphasized the need for crypto regulations while cautioning that FTX won’t be the final crypto exchange to collapse. “The insolvency of the crypto exchange FTX has shown how significant deficiencies in the onboard system can have an impact,” the statement declared. Schaefer: Germany Needs Crypto Regulations […]
Bitcoin Price Close Above $27,500 Could Spark Larger Degree Rally
Bitcoin price is eyeing a key upside break above the $27,500 resistance. BTC could rally further toward $28,200 if there is a close above $27,500. Bitcoin is showing positive signs and facing hurdles near $27,500. The price is trading above $26,850 and the 100 hourly Simple moving average. There is a major bullish trend line […]
Worldcoin helps Optimism’s burden, drives transaction milestone
Worldcoin’s new update allows it to slash its fee expenditures and reduce the load on Optimism by two-thirds. But there’s a strange factor driving the resolution.
Grayscale applies for new Ethereum futures ETF
Grayscale has submitted a filing for a new Ethereum futures exchange-traded fund (ETF), the Wall Street Journal said on Sept. 19. According to that report, Grayscale submitted its filing under the Securities Act of 1933. The filing is distinct from Grayscale’s previous attempts at an Ethereum futures ETF, which it submitted under the Investment Company […]
Wyckoff Support Holds Strong: Bitcoin Bulls Eyeing $31,000 In Near-Term Rally
Bitcoin (BTC), the dominant cryptocurrency, is experiencing a resurgence as recent developments in technical indicators and on-chain fundamentals instill renewed optimism among investors. Capriole Invest, a prominent investment firm, has unveiled its Bitcoin Macro Index. This comprehensive machine learning model combines 40 influential on-chain, macro market, and equity metrics, providing valuable insights into Bitcoin’s fundamentals […]
Litecoin holders can expect this at the height of the next bull run
While some traders have high expectations from LTC, which may not seem realistic, what stays true about the altcoin is its consistent performance and its demand on the whale front.
Dogecoin’s Path to $0.30: A Closer Look at the Timeline
Dogecoin has experienced a continuous decline and is currently trading at $0.062 as of September 2023. This cryptocurrency, known for its meme origins, has been one of the poorest performers throughout this year, remaining in a slump for almost eight consecutive months. The enthusiasm surrounding DOGE has significantly waned, resulting in a negative sentiment prevailing […]
Hong Kong issues warning against digital asset firms claiming to be banks
The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with them by their clients amid liquidity struggles of JPEX. […] Read More… The post Hong Kong issues warning against digital asset firms claiming to be banks appeared first on CoinGeek.