Crypto exchange Kraken’s subsidiary is a major beneficiary of the spot Bitcoin exchange-traded funds (ETF) in the United States and Hong Kong, as per a latest report by Bloomberg. The company predicts $1 billion of assets under management (AUM) in spot Bitcoin and Ether ETFs in Hong Kong, as well as other markets to see […]
MicroStrategy Earnings: Michael Saylor Hints At Revealing MSTR’s Bitcoin Strategy
Michael Saylor, the renowned advocate for Bitcoin and founder of MicroStrategy, has sparked anticipation in the crypto community with a recent announcement. In a post shared on social media platform X, Saylor revealed that MicroStrategy will be releasing its financial results and discussing corporate strategy and business outlook. Notably, this announcement has piqued the interest […]
Jim Cramer Predicts AI Will “Drive Refresh For Apple”
CNBC Mad Money host Jim Cramer strongly believes that Artificial Intelligence (AI) integration is the push technology company Apple needs to see the next wave of adoption and relevance. Apple Way Behind in AI Innovation In his X post, the 69-year-old Bitcoin critic stated plainly that AI will “drive the refresh” for the iPhone maker. […]
Crypto Market Analysis For February 6: BTC, OM, HONK
Crypto Market Analysis: On Tuesday, the crypto market witnessed an insignificant gain of 0.07% in its market cap to currently stand at $1.65 Trillion. While the uptick allows cryptocurrency to stabilize at a higher level, the broader market sentiment is turning uncertain. This period of lateral trading has been distinct from the robust upward trend […]
Elon Musk To Repurpose X With Grok-Powered AI News
Alex Kantrowitz, an American journalist and founder of Big Technology claimed that X owner Eon Musk emailed him about plans to integrate Artificial Intelligence (AI) news on the social media platform. He claims Elon Musk plans to achieve this integration of AI breaking news and commentary with the help of Grok, X’s AI chatbot. Elon […]
Crypto Markets Brace for Uncertainty as Mixed Economic Signals Spark Volatility
Crypto markets have been rangebound ever since the approval of Bitcoin ETFs arrived. A primary reason for the difficulty in ascending has been economic data points that have been dampening investor sentiments. In the same suit, a Bloomberg report highlighted that liquidity issues that been topping investors’ concerns lately, suggesting that the year ahead could […]
3 Crypto Gainers of the Week Analysed
After a turbulent week that saw Bitcoin price dip below $60,000, the global crypto market has recovered, recording an increase of 5.11% to reach $2.34 trillion in 24 hours. This week, we witnessed several cryptocurrencies experience significant gains by over 20%, highlighting the volatile characteristics of the market. Let’s delve into the top three crypto […]
SEC Enforces New Rules Aimed at Safeguarding Crypto Investors
The Securities and Exchange Commission (SEC) has implemented new regulations that widen its reach to include market participants who engage in cryptocurrency transactions considered securities, including those under the decentralized finance sector. This action is meant to strengthen investor protection by making these entities adhere with federal securities laws. The ruling, passed by a 3-2 […]
Crypto Price Prediction 4/5: Record Inflows into ETFs Fuel Fresh Recovery in Bitcoin
Crypto Price Prediction: The cryptocurrency market has been witnessing a renewed buying interest since Thursday following the Bitcoin price reversal from $56500. The bullish turnaround has uplifted the BTC price to $63169, registering a 6% increase since yesterday. The altcoin market also experienced significant gains, with Top assets Ethereum (ETH) and Solana (SOL) increasing by […]
US House Republicans & Peter Schiff Counter SEC’s Broad ‘Securities Dealer’ Definition
The Securities and Exchange Commission (SEC) had recently introduced new regulations aimed at regulating cryptocurrency transactions, particularly within the decentralized finance (DeFi) sector. These regulations are designed to enhance investor protection in a rapidly evolving digital asset landscape. The new regulations proposed by the SEC target various aspects of cryptocurrency transactions, including those involving decentralized […]