As the Bitcoin Halving draws near, many investors anticipate continued price growth due to reduced supply following the event. Yet, Marathon Digital’s CEO, Fred Thiel, is skeptical and thinks that the halving itself may not significantly affect Bitcoin‘s price. Bitcoin Halving Affects Likely Already in Place The CEO of Marathon Digital, the largest US cryptocurrency … Read more
The price of Dogecoin has been struggling to surge past $0.2 due to strong resistance from bears in that region. This resistance has caused a standstill for the coin around this price, and with investors growing uneasy and selling off their DOGE holdings, there’s been an increase in uncertainty about whether this is a good … Read more
Peter Schiff, known for his skepticism towards cryptocurrencies, has raised worries about Bitcoin ETFs. He warns that investors might file lawsuits against issuers if they suffer significant losses, disregarding the risk disclosures. Schiff points out potential inconsistencies between private communications and public statements as a possible concern. Peter Schiff previously labeled Bitcoin ETFs as “speculative … Read more
NVIDIA’s leading position in the AI community could be challenged with Intel Corporation, a major American business and tech firm, introducing a new AI processor. Intel Lauds Gaudi 3’s Capabilities Over NVIDIA’s Alternative At Intel’s Vision event on April 9, it was revealed that they will soon release their new semiconductor named Gaudi 3. Notably, … Read more
Fidelity has revealed intentions to introduce a new pricing model for buying exchange-traded funds (ETFs). Should the fund sponsors refuse brokerage’s coverage fees, investors will now face a fee of $100 per trade for ETFs worth $2,000 or more. For trades worth $2,000 or smaller, a fee of 5% is applied to the trade’s value. … Read more
For some time now, cryptocurrencies like Bitcoin (BTC) have seen significant growth in the market. However, following periods of increased demand, or “bull seasons,” there have been dramatic drops in crypto prices due to their inherent volatility. As a result, large sums of money flow into and out of these markets with regularity. During bull … Read more
According to a Bloomberg article released recently, the US Treasury Department has called on legislators to expand its authorities for enforcing regulations against foreign entities offering cryptocurrency services. This push aims to protect our country’s security concerns. Growing Hurdles In Tracing Illicit Crypto Transactions In his statement for a Senate hearing, Deputy Secretary Adewale O. … Read more
Critic of cryptocurrencies Peter Schiff has forecasted that the creators of Bitcoin ETFs may face lawsuits from unhappy investors. According to Schiff, these customers are likely to seek out methods to recoup their significant financial losses. Additionally, the gold enthusiast holds the view that risk disclosures may not protect investors from potential lawsuits caused by … Read more
The Fantom Foundation has recently announced that their initial Sonic-technology implementing validator has become operational, signifying a major achievement for their high-performance blockchain network. Fantom Sonic Built for Scalability Fantom Sonic technology is developed to tackle the issue of blockchain congestion. Following thorough investigation, Fantom chose to expand upon the base established by the initial … Read more
Circular, a well-known issuer of stablecoins, has made an announcement on April 9, 2024, about extending the compatibility of its USD Coin (USDC) to Ethereum‘s zkSync – a zero-knowledge layer-2 solution. This development is a noteworthy advancement for the ecosystem, allowing developers to make use of USDC on an effective and scalable platform. The implementation … Read more