Renowned author of ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has adjusted his Bitcoin (BTC) forecast, revising the target from $120,000 to $150,000. This modification is prompted by Kiyosaki’s anticipation of the potential introduction of a Bitcoin Exchange-Traded Fund (ETF). Expressing contentment with his past investment decisions on X (formerly Twitter), Kiyosaki exclaimed, “BITCOIN ETF. Yay. […]
3 Reasons Why Litecoin Price is Poised to Surpass $140
Litecoin price: The cryptocurrency market is currently in a state of pre-halving consolidation following the lead of Bitcoin price wavering around $70000. As a result, most major altcoins including Litecoin have witnessed fresh correction seeking support at respective support levels. However, the LTC price projects a healthy retracement in the daily chart and the formation […]
MAS Seeks To Broaden Investigative Authority, Engulfs Bitcoin Futures
In a strategic move to regulate digital assets more effectively, the Monetary Authority of Singapore advanced further with its cryptographic regulatory venture, stirring a whirlpool of speculative buzz across the Singaporean crypto landscape. Notably, according to a statement released by the authority on Wednesday, the MAS is now setting its sights on attaining broader investigative […]
Will El Salvador Change Its Bitcoin Laws For IMF’s $1.4B Loan?
El Salvador is seeking a $1.4 billion loan from the International Monetary Fund (IMF) and in return, the body is requesting that the Central American nation review its Bitcoin (BTC) law. El Salvador Loan Demands and IMF Demand The loan negotiations has been ongoing for a while to help El Salvador urgently meet its fiscal […]
Cardano Price Prediction: Can ADA’s Breakthrough Signal Propel It Beyond $0.93?
Cardano Price Prediction: ADA closed out 2023 with a significant rise, soaring towards $0.70 before plummeting back to $0.47 on January 8. This decline, while sharp, was within market expectations. Despite this setback, market analysts remain optimistic about Cardano’s potential for growth in the short term. Presently, ADA oscillates between $0.47 and $0.57 over the […]
Ripple CTO Explains How Native Lending Protocol Will Expand XRPL Utility
Ripple, the blockchain payments firm, recently unveiled a groundbreaking proposal aimed at enhancing the utility of the XRP Ledger (XRPL). The Native Lending Protocol proposal has been spearheaded by developers Aanchal Malhotra and Vito Tumas. Moreover, it promises to revolutionize decentralized finance (DeFi) capabilities within the ecosystem. Ripple Announces Native Lending Protocol Proposal For XRPL […]
What Importance Does A US Bitcoin ETF Hold? All Details
On Wednesday, the U.S. Securities and Exchange Commission (SEC) approved Bitcoin-tracking exchange-traded funds (ETFs), marking a pivotal moment for the cryptocurrency industry’s decade-long quest for such a product. Despite numerous rejections since 2013, the SEC reconsidered its stance after a court ruled against rejecting Grayscale Investments’ Bitcoin ETF application in August, citing a need to […]
KuCoin’s Turkey Account Compromised, Users Funds Safe: Report
KuCoin, a globally renowned CEX, appears to have become the latest victim of a cyber attack, as its Turkey X account was compromised on Saturday, April 13. Following the malicious attack, hackers used the KuCoin Turkey account on X to post false announcements in a move to lure more victims. However, the false post on […]
South Korea Upholds Crypto ETF Ban Despite US Green Signal
South Korea’s Financial Services Commission (FSC) maintained a firm stance on the Crypto ETF ban despite the approval of Spot Bitcoin ETFs in the United States. The FSC officials asserted that the U.S. developments were not deemed significant in their regulatory landscape. Moreover, they stated that the U.S. ETF approval would change nothing in the […]
Mainland Chinese Cannot Buy HK Bitcoin ETFs, Issuers Clarify
Despite previous reports from Matrixport predicting significant capital inflows from mainland Chinese investors into Hong Kong-listed Bitcoin ETFs, recent clarifications from several issuers have dismissed these expectations. The issuers have confirmed that mainland Chinese funds are prohibited from investing in such cryptocurrency-related ETFs by regulatory constraints. Several issuers of Bitcoin ETFs in Hong Kong told […]