Bitcoin price and future momentum are of great curiosity for many. With the upcoming halving, investors are wondering how to gauge the current market volatility and price movement. However, according to Anthony Scaramucci, Bitcoin price could hit around $200k by the end of the year. He also believes that Bitcoin usage is still in its […]
Breaking: Reddit to Go Public in March After a Much Delayed IPO
Social Media platform Reddit will seek a stock market debut in March, according to reports by Reuters. Reddit’s plans for an Initial Public Offering (IPO) have been stalled for the past three years after the company filed confidentially for its IPO in December 2021. Reddit to launch an IPO in March Reddit is planning to […]
Ethereum Whale Stakes 20.5K ETH Amid Price Recovery, What’s Next?
In a riveting turn of events, following the turmoil witnessed by Bitcoin, Ethereum, and the broader crypto market due to escalating geopolitical tensions between Israel and Iran, the cryptocurrency sector noted a rebound today, piquing substantial interest globally. Amidst this recovery trend, an Ethereum whale staked colossal amounts of ETH on Beacon Chain, fueling optimism […]
Roundhill’s YBTC Merges Bitcoin ETF with Call Options
Roundhill Investments, a key player in the ETF industry, has launched its new Bitcoin ETF, trading under the ticker YBTC. Debuting on the Chicago Board Options Exchange (CBOE), this actively managed fund aims to reflect the performance of Bitcoin, primarily through investment in the ProShares Bitcoin Strategy ETF (BITO). YBTC stands out for incorporating a […]
Michael Saylor Pockets $370M From MicroStrategy Share Sale Before Bitcoin Halving
Bitcoin evangelist Michael Saylor has made $370 million from the sale of MicroStrategy shares this year. MicroStrategy’s founder entered into a stock-sale agreement with the company last year to sell his shares in the company until April 2024 this year. Michael Saylor Made $370 Million From Share Sale MicroStrategy founder and executive chairman Michael Saylor […]
Hong Kong Eyes Bitcoin ETF Debut As Trading Volume Continues To Surge
In a flurry of innovations witnessed across the Chinese crypto landscape, a Hong Kong-based financial services company recently announced plans to seek approval for a spot Bitcoin ETF launch within the nation. If approved, the country is poised to emerge as the second significant powerhouse to commence Bitcoin ETF trading, following the U.S. Notably, Venture […]
SEC Updates Complaint Against Justin Sun’s US Business Dealings
The Securities and Exchange Commission (SEC) has submitted an amended complaint underlining the U.S. jurisdiction over Justin Sun, founder of the Tron Foundation, because of his significant presence and investment activities in the United States. This legal refinement is part of the ongoing lawsuit initiated by the SEC in March 2023, where Sun and his […]
Crypto Price Prediction For January 19: SOL, MANA, TIA
Crypto Price Prediction: The cryptocurrency market deepens its correction phase as Bitcoin price dips below the $42000 mark on Thursday. With the sell-the-news theory for Bitcoin ETF, the altcoins witnessed highlighted supply pressure. As per the data analytics platform Coinglass, the market witnessed $247.52 million Liquidation of highly leveraged futures contracts betting on higher prices […]
Peter Schiff Teases Bitcoiners on Halving, Shares Cryptic Opinion
The highly anticipated Bitcoin halving event concluded, marking a significant milestone in the cryptocurrency world. This event, which occurs once every four years, saw a programmed reduction in the creation rate of new BTCs. At 8:10 p.m. New York time, at the block height of 840,000, the mining rewards were halved, impacting the economics of […]
Binance.US CEO Criticizes SEC’s Digital Asset Regulation Tactics
Binance.US Interim CEO Norman Reed has openly criticized the Securities and Exchange Commission’s (SEC) approach to regulating digital assets. In a recent op-ed for Fortune, Reed, leveraging his experience as a former SEC employee, expressed his concerns about the agency’s strategy, which he believes deviates from its core principles and potentially harms the US economy. […]