After plummeting to $25,000, the Bitcoin price is skyrocketing. Many see this dynamic as a positive development. However, Peter Schiff disagrees. The investor criticizes the skyrocketing price of the flagship cryptocurrency. He believes the trend will only last for a short time.
Many believe that the 2024 Bitcoin Halving will be decisive for the cryptocurrency. But instead of waiting a few months to cheer up the crypto community, BTC took many by surprise today. It traded at $138,000 early in the morning on Binance.US.
Michael Saylor made statements on Bloomberg that stand in stark contrast to what we have been hearing from "Austrian" economists.
In the grip of numerous economic turbulences, the G7 countries are actively seeking solutions to strengthen their economic resilience. According to Balaji Srinivasan, former Coinbase CTO, although it may be unlikely at the moment, the seizure of citizens' cryptocurrencies could become an option for the leaders of this group in the future. The American entrepreneur also believes that the G7 countries could benefit from the support of major global technology companies if they decide to seize the digital assets of cryptocurrency holders.
The main event of this weekend was the Saint Petersburg International Economic Forum. Sharing the stage with his Algerian counterpart, the Russian president predicted the end of the dollar.
Like any major price movement of a cryptocurrency, the rebound of Bitcoin (BTC) observed over the past week has attracted the attention of analysts. While some experts were quick to predict a bullish trend for the queen of cryptos after this rebound, others believe that it will take even more for a true bull market to unfold. This is the case for trader Tone Vays, who scrutinized the movements of the flagship cryptocurrency and predicted different scenarios leading to a bullish trend for Bitcoin (BTC).
Elon Musk, the CEO of Tesla and SpaceX, has denied allegations that he holds a Dogecoin portfolio linked to insider trading. The ongoing class-action lawsuit accuses Musk of being involved in a racketeering scheme to support Dogecoin. The plaintiffs are seeking $260 billion in damages. According to court documents, two wallets associated with Musk sold 1.4 billion Dogecoins, worth over $124 million, over a two-day period in April.
The recent publication of Hinman's documents, a former SEC executive, has surprised the crypto community. They were supposed to provide the elements to settle the debate about the security or non-security nature of cryptocurrencies. Instead, the documents in question have only created more confusion. The situation was such that Ripple CEO Brad Garlinghouse called for investigations into William Hinman.
They're in high school, but are already as rich as Croesus. How did they achieve this feat? By using unorthodox techniques such as phishing-based NFT scams. Currently, several million dollars have found their way into their hands. You'll never guess how they're squandering their ill-gotten gains.
The crypto market saw a significant rise on Friday, mainly thanks to a positive announcement from BlackRock. Bitcoin (BTC), one of the big winners following this news, recorded a 6.7% rise, which could signal a resumption of the bull-run.
Ripple CEO Brad Garlinghouse recently shared a video on Twitter to announce that his company's long-running legal battle with the Securities and Exchange Commission (SEC) was finally coming to an end. However, rather than feeling sorry for the failure, Garlinghouse emphasized that the case only marks the beginning of a wider struggle for the cryptocurrency industry and the need for regulatory clarity.
Over the past few months, many analysts have predicted that Ripple would win its case against the SEC. However, it now seems that this prediction is about to change. Could the recent disappointing revelations about the Hinman documents be turning the tide?
BlackRock is particularly interested in cryptocurrencies, as well as ETFs. A few months ago, the company launched an ETF in Europe. This time, they have set their sights on a Bitcoin ETF. There is no guarantee that this process will be successful, but it could have significant effects on the flagship cryptocurrency market.
The SEC's legal action against Binance continues to make headlines in the crypto world. Binance executives have vowed to fight and defend their platform. But does the SEC, the one who initiated the battle, really have the means to win this showdown? Carol Alexander has her doubts. Here's why.
The renowned analyst Bluntz is known for his bearish predictions in the crypto market. His projections have hit the mark in the past, like when in 2018, the analyst successfully predicted a significant drop in Bitcoin's valuation. In this post, we'll share his latest analysis regarding the queen of cryptos.
It's clear that Ripple won't wait for Judge Torres' conclusion to establish its supremacy as a financial services provider for businesses. Therefore, Brad Garlinghouse's company has decided to expand its operations in Europe if MiCA becomes law. Zoom!
In an already well-established geopolitical context, BRICS is gradually carving out a significant disruptive role. This coalition of emerging nations is intensifying its economic power with such force that the pressure keeps mounting. This trend is redefining global power dynamics, and some states, like France, seem to have no intention of remaining mere observers.
US Treasury Secretary Janet Yellen warned Congress on Monday to expect a gradual decrease in the share of the dollar in global reserves. US debt.
The Hinman documents, previously held by a former SEC executive, are at the core of the legal battle between the SEC and Ripple. According to Ripple, their disclosure is crucial to the outcome of the case. The disclosure has finally happened but falls short of Ripple's expectations, leaving its executives disappointed.
A solo miner defies the odds and hits the jackpot! With a one in 5,500 chance, this independent miner struck gold by solving a Bitcoin block worth 6 BTC, approximately $160,000. What makes this remarkable feat even more impressive is that it was achieved using mining hardware that is six years old.
Despite the recent collapse in its price, many fervent bitcoin supporters still believe in its potential. The Winklevoss brothers, Tyler and Cameron, are among those bitcoiners who see the asset reaching new heights.
In the SEC VS Binance case, a US federal judge has rejected the request from the US regulator. Quick breakdown: Binance US assets will not be frozen. However, the judge demands further negotiations between the SEC and Binance lawyers. The goal is to define boundaries and resolve security issues.
Crypto billionaire Cameron Winklevoss has warned that the ongoing crypto war orchestrated by Senator Elizabeth Warren and SEC Chairman Gary Gensler could harm the Democratic Party. He was followed by his twin brother, Tyler Winklevoss, who is more specific and predicts a Democratic defeat in the 2024 presidential elections if this war continues.
The SEC appears determined to take drastic measures in the crypto sector. After officially targeting two major crypto exchanges, it is now intervening in cryptocurrencies. The classification of certain cryptos as unregistered securities has triggered a price drop for many altcoins. Among them, Algorand and Flow reached their lowest levels over the weekend.
A week ago, the SEC launched its war against two crypto giants and didn't forget to shake up around fifty assets classified as “unregistered securities” along the way. Many did not expect such a turn of events. The prices of certain cryptocurrencies plummeted. Even the flagship crypto's price was affected by this attack from the US regulator. However, according to Glassnode, long-term BTC hodlers are unfazed by this storm.
Ordinal inscriptions of Bitcoin are currently experiencing a meteoric rise. However, they are dividing the Bitcoin community. And with the latest upgrade, called “Recursive Inscriptions,” the controversy is likely to resurface. Nonetheless, recursive inscriptions prove advantageous for Bitcoin by transforming the blockchain into a platform for video games.
For several months, the crypto industry has been under pressure. The culprit is the heavy regulatory burden imposed by Gary Gensler, the head of the SEC. He has been launching offensives to exert his power over crypto firms, but some politicians are unwilling to let him deploy his strategy, which they consider fundamentally incoherent.
Every four years, the Bitcoin protocol experiences an event known as the Halving. It is undoubtedly one of the most significant events in the network. This highly anticipated event involves a change in the protocol's monetary policy by halving block rewards. In April 2024, the block reward will drop to 3.125 BTC. With this crucial deadline approaching, how can you best prepare?
Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.
Legal actions against crypto firm Binance have become one of the significant events in the crypto news this week. The news has caused a wave of consequences that could significantly impact the company's performance.