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Messari Is Bullish On Bitcoin And Solana, But Cautious On Ethereum: What About AI?
Thursday, December 21, 2023 - 10:17am | 501Research firm Messari published its latest Crypto Theses report, and it paints a vibrant picture of optimism for certain digital assets, as well as excitement surrounding artificial intelligence (AI)-powered tokens. Messari analysts emphasized Bitcoin (CRYPTO: BTC) as "digital gold...
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VanEck's Predictions Include Bitcoin ETF Boom, Binance Losing Top Spot, Stablecoins Surging To $200B
Friday, December 8, 2023 - 12:56pm | 549Asset management giant VanEck released a comprehensive forecast for the cryptocurrency market in 2024, projecting significant developments and shifts. Key among these predictions was the expectation that more than $2.4 billion would flow into Bitcoin (CRYPTO: BTC) ETFs, leading to a record...
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JPMorgan CEO Calls For A Shut Down Of Bitcoin And The Crypto Industry: Here's How Social Media Mocked Him
Wednesday, December 6, 2023 - 2:37pm | 784JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon reiterated on Wednesday his long-standing opposition to Bitcoin (CRYPTO: BTC) and other cryptocurrencies, going so far as to suggest the government should shut down the industry. Dimon, testifying before a U.S. Senate...
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Crypto Market Rally Not Fake, Experts Say: Forecasting Altcoin Market Cap To Reach All-Time Highs By 2025
Monday, December 4, 2023 - 3:38pm | 896Seeking to dispel misconceptions on the sustainability of the upward mobility in the crypto market on Monday, experts believed this was not a fake rally, but one supported by fundamentals and market sentiment. Bitcoin (CRYPTO: BTC) could pass its all-time high of $69,000 by...
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How Will Bitcoin's 2024 Halving Affect Your Crypto Portfolio? Here Are The Predictions
Thursday, November 16, 2023 - 4:49pm | 586The next Bitcoin (CRYPTO: BTC) halving is expected in April 2024. The event, occurring approximately every four years, affects not only the market value of Bitcoin, but also the broader dynamics of the cryptocurrency space. Why It Matters: The Bitcoin halving is a pre-coded event in the...
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Beware Of Pig Butchering: What Crypto Investors Need To Know About The Latest Scam
Monday, September 11, 2023 - 11:04am | 463The Financial Crimes Enforcement Network (FinCEN) is warning investors not to fall prey to a burgeoning virtual currency investment scam. "Pig butchering" has duped billions of dollars out of victims. Amidst the increasing instances of crypto-related frauds, the upcoming Benzinga...
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Coinbase CEO: Flatcoins Are 'New Thing On Horizon' To Revolutionize Crypto World
Monday, September 11, 2023 - 10:26am | 624Coinbase Inc. (NASDAQ: COIN) CEO Brian Armstrong projected the rise of "flatcoins" as the next evolution in the world of stablecoins. With the crypto industry constantly evolving, Armstrong believes flatcoins, tied to purchasing power or the Consumer Price Index (CPI), could be an...
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When Bitcoin Does This, Altcoins 'Will Start Popping Left And Right,' Analyst Predicts
Wednesday, August 16, 2023 - 11:18am | 525A prominent crypto analyst, known pseudonymously as Credible Crypto, has shared insights on the future performance of altcoins in comparison to Bitcoin (CRYPTO: BTC). Despite his bullish stance on Bitcoin in the upcoming months, he anticipates a bearish trend for ALT/BTC pairings, predicting over...
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Bitcoin Widow Wins $270,000 Settlement After Bank Blocks Deposit
Monday, August 7, 2023 - 12:27pm | 530Esther Freeman, a pensioner who earned approximately $270,000 from Bitcoin (CRYPTO: BTC) investments, had her lawsuit against Bank Hapoalim dismissed nearly two years after alleging the bank refused her deposit of the cryptocurrency profits. Both parties reached an agreement, stating that "...
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Bitcoin's Q2 Supremacy: Altcoins Like Uniswap, Chainlink, Lido Shiver As BTC Holds The Reins
Wednesday, July 19, 2023 - 1:04pm | 647In the second quarter of 2023, Bitcoin (CRYPTO: BTC) demonstrated a strong performance, gaining market dominance over altcoins, according to a report. Despite the crypto market experiencing a downturn, Bitcoin and Ethereum (CRYPTO: ETH) continued to build on their gains from the first...
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Central Banks Pen Scathing Letter On Cryptocurrencies: Challenges Outweigh Innovation
Tuesday, July 11, 2023 - 3:28pm | 489An association of global central banks expressed doubt to the finance ministers of the world's 20 biggest economies about cryptocurrency's suitability as a financial instrument due to "intrinsic structural defects." What Happened: The Bank for International Settlements (BIS) wrote...
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Liquidators Target Three Arrows Capital Co-Founders For $1.3B In Firm's Downfall
Tuesday, June 27, 2023 - 4:01pm | 494Liquidators from Three Arrows Capital are intensifying their efforts to recoup approximately $1.3 billion from the company’s co-founders, Su Zhu and Kyle Davies. This figure represents the losses allegedly incurred by the duo in the lead-up to the firm's downfall, as per an anonymous...
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HSBC Jumps On The Crypto Train, Unleashes Bitcoin And Ethereum ETFs
Monday, June 26, 2023 - 12:07pm | 478One of Hong Kong's largest banks HSBC Holdings (NYSE: HSBC), reportedly ventured into cryptocurrency services, marking its first local foray into this sector. Local journalist Colin Wu reported that on June 26, HSBC made it possible for its clientele to purchase and sell exchange-...
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Coinbase Launches 4% Rewards Program For USDC, Despite SEC Regulatory Challenges
Friday, June 16, 2023 - 11:54am | 442Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) on Friday announced that its global customers can now earn 4% rewards on USD Coin (CRYPTO: USDC). The move comes despite the ongoing scrutiny Coinbase faces from the U.S. Securities and Exchange Commission (SEC). USDC, a...
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Bitcoin Miners In Crisis: Will BTC Survive The $28,000 Tipping Point?
Friday, June 2, 2023 - 10:03am | 315Matrixport, a provider of crypto-related services, indicated that the current market pressure faced by Bitcoin (CRYPTO: BTC) at the $28,000 mark could be attributed to miners needing to liquidate their newly acquired assets. This necessity for liquidation, Coindesk reported, is due to the...