In only one month, the spot Bitcoin ETF market has reportedly broken a record that took gold almost two years to achieve. Spot Bitcoin ETF Net Flow Hits $3B According to Senior Bloomberg ETF analyst Eric Balchunas, the net cumulative flows for the spot BTC ETFs approved by the United States Securities and Exchange Commission […]
Coinbase CLO Slams US SEC For Contradictions In Opposition To Appeal Request
Coinbase Chief Legal Officer (CLO) Paul Grewal has once again called out the United States Securities and Exchange Commission (SEC). This time, the legal veteran is concerned about the inconsistency in the regulator’s tone in its recent filing opposing its request for an Interlocutory Appeal. Coinbase CLO: We Need to Maintain Honest Conversations Recall that […]
U.S. Treasury Calls for Stronger Tools Against Crypto Crime Risks
In a significant move to bolster its fight against illicit finance, the U.S. Treasury has voiced its concerns regarding crypto crime to House lawmakers. The agency is pushing for enhanced legislative tools and resources to tackle these challenges effectively. The call for action was outlined by Brian Nelson, the Treasury’s Under Secretary for Terrorism and […]
Uniswap Founder Unveils Key Threat Behind Biden’s Potential US Election Loss
Uniswap founder Hayden Adams has recently brought to light a significant aspect of the cryptocurrency market that could potentially impact the upcoming U.S. presidential election. In a statement that reverberated throughout the industry, Adams emphasized the increasing adoption of digital currencies among adults and its potential ramifications for the political landscape. By highlighting the fact […]
Can Fed’s Preferred Gauge PCE Disappoint Too After CPI Comes In Hot?
The U.S. Federal Reserve mandates to bring inflation under the 2% target and the FOMC looks at key economic data such as PCE, CPI, and jobs for monetary policy decisions. Fed officials, economists, and analysts now look at personal consumption expenditures (PCE) as CPI and core CPI came in hotter. While investors reassess monetary policy prospects, […]
Bitcoin Price Could Plunge to $52K, Analyst Predicts
Michaël van de Poppe, a noted cryptocurrency expert, recently warned that Bitcoin price could fall to the $52,000 to $55,000 range if it fails to hold its current level of around $60,000. Currently, Bitcoin (BTC) exhibits a bearish trend, with its price at $60,812 after a 1.59% decline. Bitcoin Price at Risk of Significant Drop […]
Coinbase & Other Crypto Stocks Surge As Bitcoin Tops $51K, Rally To Sustain?
The crypto companies listed on the U.S. stock market, including Coinbase, saw substantial gains between 7% and 12% pre-market on Wednesday. The rally was propelled by Bitcoin (BTC) surging past the $1 trillion market value milestone for the first time in over two years amidst a more positive investor sentiment. Coinbase, Riot, Bitfarms Stocks Surge […]
Cardano (ADA) Whale Transaction Jumps 6% As Bulls Eyes $0.5 Retest
Cardano (ADA) is in a vantage position to upturn its bearish trend as some of its core on-chain metrics are in the green. Per data from the crypto analytics platform IntoTheBlock (ITB), Cardano’s large transactions and daily active addresses have recorded upticks. Cardano Bullish Metrics Highlight Per the IntoTheBlock data, Cardano whale transactions jumped by […]
Genesis Cleared to Sell $1.3B GBTC Shares, Will BTC Tank?
Bankrupt crypto firm Genesis Global Holdco LLC has been granted approval by the court to roll out its Grayscale Bitcoin Trust (GBTC). Leverage to Repay Creditors After several months of lawsuits, Genesis has finally been cleared by the U.S. Bankruptcy Court in the Southern District of New York to sell off its $1.6 billion worth of […]
Robert Kiyosaki Advocates Bitcoin Amid Impending BRICS Crypto Launch
“Rich Dad Poor Dad” Author Robert Kiyosaki has advised his followers to buy Bitcoin (BTC) again. While he is known to always make this call, this time around, he believes the coin can prevent fallout from the US Dollar crash. BRICS Crypto and Bitcoin Advantage Robert Kiyosaki revealed that he is currently in South Africa, […]