BTC’s aSORP remained neutral during the recent price decline, suggesting that the price correction was not a major one.
BlackRock’s Bitcoin ETF ‘is the best thing to happen’ to BTC, or is it?
Galaxy Digital CEO Mike Novogratz was among those over the moon with the news, others warn it could be the start of a major institutional takeover.
Crypto Community Stirs As Prometheum Secures SEC And FINRA Approval
New York-based crypto firm Prometheum has recently made waves in the crypto community by securing approval from the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This development comes when significant players in the crypto space, such as Binance and Coinbase, are facing increased scrutiny from US regulators. Prometheum came […]
Crypto Regulations Take Flight in Brazil: Central Bank & Securities Commission to Take Charge
In the wake of rapid advances in technology, the need for global regulation of digital assets has become increasingly important. In Brazil, authorities have stepped up to answer this challenge with the passing of Decree No. 11.563. Signed on June 13, 2023, by Brazilian President Luiz Inácio Lula da Silva, this new law designates both […]
Apple Denies Entry of Bitcoin Wallet Zeus and Reproaches Lightning App Damus
Apple (AAPL) has denied the latest version of the non-custodial Lightning-enabled mobile Bitcoin wallet Zeus entry into the App Store, according to Zeus founder Evan Kaloudis in a recent tweet. This denial comes a few days after Apple’s reproach of the popular Lightning-enabled Bitcoin app Damus, a decentralized social media platform that runs on the […]
The Unattractive Reality of Hong Kong’s Crypto Rules: Could Coinbase Move To Make a Successful Trade?
As the crypto industry continues to develop relationships with banks to help build trust and bolster investor confidence in the sector, East Asian countries have been looking to set up a framework of rules for trading cryptocurrencies, with Hong Kong being one of the most active participants in the rule-making process. But could plans to […]
China’s Potential Stimulus Package: A New Bull Narrative for Bitcoin and Crypto?
China is considering a major stimulus package to help kickstart its economic recovery following the coronavirus pandemic. This news has been seen as a bullish narrative for the Bitcoin and crypto market, as renowned expert Lex Moskovski suggested that the Chinese shimmies could go directly into “unregistered securities”, a reference to the classification of altcoins […]
McKinsey Report: AI Automation Predicted to Replace 50% of Workforce by 2045
A new report from McKinsey & Co predicts that within the next 22 years, generative AI has the potential to automation in approximately 50% of the work activities currently performed. The report forecasts that 75% of the value created by generative AI will come from customer service operations, marketing and sales, software engineering, and research […]
Dogecoin Price Prediction: DOGE Must Clear $0.065 For Hopes of Fresh Increase
Dogecoin is attempting a recovery wave above the $0.0585 resistance against the US Dollar. DOGE could rally if it clears the $0.065 resistance zone. DOGE is currently struggling to clear the $0.0628 resistance against the US dollar. The price is trading below the $0.065 zone and the 100 simple moving average (4 hours). There is […]
Double trouble: FTX founder Sam Bankman-Fried faces two criminal trials
A District Judge ordered a separate trial for the DOJ’s charges against Sam Bankman-Fried which were added following his extradition to the U.S.