The Bank of Israel recently revealed plans to support a new central bank digital currency (CBDC) with unique features. This includes the potential for the digital shekel to accrue interest. The announcement came on March 11, outlining a vision for a digital currency that incorporates cutting-edge financial technology and privacy considerations. The proposed CBDC aims […]
Spot Ethereum ETF’s Future Hangs in Balance as Approval Likelihood Drops
Spot Ethereum ETF will have a key judgment in May with the SEC deciding upon the approval. However, with prevailing uncertainty, the market has started lowering the approval chances. Notably, the SEC took over a decade to approve the Bitcoin ETFs. SEC Silent on Spot Ethereum ETF Applications The probability that an Ethereum spot ETF […]
Millionaire Wallets Created by Bitcoin Rise Lower than Previous Bull Run
Bitcoin prices have soared to hit their all-time high value in the last couple of weeks. As the buying momentum in the Bitcoin market paces up, so does wallet activity. According to Bloomberg, 1,500 new wallets are hitting $1 million every day due to the Bitcoin bull run. However, the number still stands below the […]
Near Protocol Price Recovery Eyes $10 Amid Surging Open Interest
The crypto market initiated the new week with another leg up as the leading digital asset Bitcoin broke above the $70000 barrier to mark a new All-time High. The ripple also uplifted the altcoin for prolonged recovery including the Near Protocol coin. With a 17.24% intraday jump, the NEAR price breached the neckline resistance of […]
Solana Price Prediction: How Long Until Solana Blasts To $200
Solana price prediction: SOL, the token powering one of the the industry’s leading layer 1 protocols, hovers at $148 after the push for new 2024 highs hit a snag at $150. There are signs of consolidation or sideways trading taking place before the next breakout toward the coveted target of $200. Up a modest 3% […]
Ripple CEO: Only RWA Can Validate “Crypto is Back” Hype
Brad Garlinghouse, CEO of blockchain payments firm Ripple Labs Inc, has highlighted the surging volumes of Bitcoin (BTC) Exchange-Traded Funds (ETFs) and the imminent halving event, noting their significant influence on the broader cryptocurrency market. Garlinghouse highlighted the historical pattern of the crypto market following BTC’s lead, a trend observed across multiple market cycles. He, […]
LUNC Price: Terra Classic’s Squeeze Teases 2024’s Biggest Move, Time To DCA?
Terra Classic sits between two conflicting yet equally strong factions — the bulls south of the demand area around $0.0001847 and the bears north of the supply zone approximately at $0.000201. Up a mere 0.7% in the last 24 hours, LUNC price hovers at $0.0001921. A modest 7% increase in the trading volume, emphasizes growing […]
BlockFi Founder Zac Prince Picks New Role Outside of Crypto
Zac Prince, BlockFi Founder and now-former CEO has kept to his earlier promise by revealing the new role he is taking on. BlockFi Founder Now In Real Estate According to his post on X, the top crypto leader said he is moving on from the crypto ecosystem into the real estate industry. When Zac Prince […]
Joe Biden Targets $42 Billion Revenue with Crypto Taxes in Budget
U.S. President Joe Biden‘s proposed budget for the next fiscal year outlines a series of regulatory measures. These aim to tap into the burgeoning digital asset market. Among the highlights are the administration’s implementation of wash trading rules, a crypto mining tax, and additional regulations. Officials estimate they could rake in close to $10 billion […]
Michael Saylor Says Bitcoin Will “Eat” Gold, Emerging as Top Asset, Price Surges Over $72k
Michael Saylor, the co-founder, and former CEO of MicroStrategy, recently shared his optimistic perspective on Bitcoin during a CNBC interview. Saylor firmly believes that Bitcoin is poised to outshine gold, citing its inherent strengths and promising growth potential compared to the traditional precious metal. He specifically pointed to the upcoming halving event scheduled for April […]