Bitcoin (BTC) experienced a slight increase over the last 24 hours, fueled by several positive news developments that sparked a recovery outlook. However, Ether (ETH) and Solana (SOL) are anticipated to potentially outshine Bitcoin’s performance moving forward. Will Bitcoin Struggle Ahead? Solana saw its largest surge in over a month following VanEck’s application to launch […]
Bitcoin Faces Challenges as Ether and Solana Rise Read More »
Danish FSA’s DeFi Guidance Sparks Concerns in Crypto Community The latest guidance from the Danish Financial Supervisory Authority (FSA) on decentralized finance (DeFi) regulations has raised significant concerns within the crypto community. The directions aim to encompass all aspects of crypto regulation, including Bitcoin wallets, through the “interface” argument. What Do Danish Rules Say? A
Danish FSA’s New Crypto Rules Raise Concerns Read More »
Bitcoin dropped to its lowest point in over a month after showing signs of slowing down from its earlier record highs this year. After reaching nearly $74,000 in March due to hopes that US exchange-traded funds (ETFs) would start holding Bitcoin directly, its price has since fallen by about 14%. This drop matches the changing
Bitcoin Price Falls to One-Month Low Amid Market Concerns Read More »
Bernstein, a notable financial firm, has raised its Bitcoin price forecast for the end of 2025. In an ambitious projection, Bernstein anticipates BTC reaching $200,000 by 2025 and potentially hitting $1 million by 2033. This prediction arises amid ongoing debates about the cryptocurrency’s future trajectory. Bitcoin Bull Run Continues Despite some bearish analysts claiming that
Bernstein Forecasts Bitcoin to Hit $200K by 2025 and $1M by 2033 Read More »
As the world’s biggest cryptocurrency, Bitcoin continues to fall short, with sellers making more bets on the downside, hoping the market won’t return to $70,000. According to the on-chain analytics firm CoinGlass, a massive $1.67 billion short position will be liquidated if Bitcoin (BTC) reaches the $70,000 level. This data is gaining massive attention from
Bitcoin Price Drop Risks $1.67 Billion Short Position Liquidation. Read More »
The US Securities and Exchange Commission (SEC) has advanced in its ongoing legal battle with Ripple. Recently, the SEC responded to Ripple’s letter concerning the TerraForm Labs Consent Judgment. Is the SEC Gaining Ground? In its letter, Ripple contends that it supports its opposition to the SEC’s remedies motion. Ripple noted that citing settlements is
SEC Advances in Legal Battle Against Ripple Read More »
Cryptocurrency Market Sees Massive Price Fluctuations Following CPI Data and FOMC Report The cryptocurrency market experienced significant price volatility following the release of the United States Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) report on June 12, 2024. Amid this turbulence, on June 13, 2024, 10X Research issued a note
Bitcoin and Crypto Market React to CPI Data and FOMC Report Read More »
Since April 15, 2024, Bitcoin, the world’s leading cryptocurrency, has been hovering around the $67,000 mark. Amid this, Markus Thielen, head of research at 10X Research, captured attention with a recent report. Thielen stated, “A breakthrough above $67,500 could potentially lead to new all-time highs, a scenario that our Bitcoin ETF model predicts.” Markus Thielen’s
10X Research Unveils Key Bitcoin Levels to Watch Next Read More »
The New York Times recently delved into the diplomatic strategies of Elon Musk, the tech mogul whose influence spans across various sectors globally. The feature, titled “Elon Musk’s Diplomacy: Courting Right-Wing Leaders for Business Gain,” highlighted how Musk has cultivated relationships with conservative leaders worldwide to advance his business interests. According to the report, Musk
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On May 10, 2024, Bitcoin, the largest cryptocurrency by market capitalization, experienced a surprising drop after nearly 16 hours of sideways trading. Despite the decline, a noteworthy influx of funds into spot Bitcoin ETFs might signal renewed interest from investors and traders. According to LookOnChain, a prominent on-chain analytics firm, out of 10 spot Bitcoin
Bitcoin Experiences Sudden Drop; Spot Bitcoin ETF Sees Significant Inflows. Read More »