The world of cryptocurrencies saw another action-packed week with significant developments occurring globally. Among the many intriguing happenings, Bitcoin, Binance, and major crypto investors have sparked excitement within the larger crypto community. Let’s take a look at some noteworthy news stories from this past week that involve Bitcoin, Binance, and their related crypto endeavors. Bitcoin’s … Read more
In the upcoming week, the crypto market is preparing for several major global economic occurrences that have investors on edge, especially since unexpected inflation data has been released. Key announcements from significant economies are set to take place, which could influence both traditional and digital financial markets significantly. So, let’s take a closer look at … Read more
Despite Sam Bankman-Fried’s pleas, the FTX controversy has come to an end with the ex-CEO being sentenced to 25 years in prison. The significant repercussions of this groundbreaking case are expected to last. In November, the ex-CEO of a collapsed cryptocurrency exchange was found guilty of committing fraud on seven counts and conspiring to launder … Read more
Michael Saylor, a co-founder of MicroStrategy, has voiced his confidence in Bitcoin‘s price despite ongoing geopolitical turmoil. In a recent post on platform X, he stated that “disorder benefits Bitcoin.” However, this perspective seems to contradict the trend observed in the broader crypto market. Michael Saylor Positive on Bitcoin Michael Saylor, through a recent post … Read more
Mike Novogratz, CEO of Galaxy Digital, is optimistic that the dominant cryptocurrency, Bitcoin (BTC), will continue to rise in value when the current market downturn subsides. Galaxy Digital Boss Sees Imminent Bitcoin Resurgence Novogratz began his post on X by recognizing that wars come with significant financial costs. He expressed hope that we could avoid … Read more
The price of Bitcoin (BTC) has taken a dip, decreasing by over 7%. At present, it is being bought and sold for approximately $62,649.63 according to current market figures. Bitcoin Price Extends Its Bearish Drawdown The value of cryptocurrencies, such as Bitcoin and Ethereum (ETH), has decreased noticeably following the news that Iran allegedly carried … Read more
In the past day, the value of memecoins dropped by 18% due to liquidations in other cryptocurrencies. The unpredictability of digital currencies has resulted in additional sell-offs as investors grow wary of broader economic conditions affecting market behavior. Some memecoins experienced significant withdrawals of top assets, resulting in a loss of up to 17%, causing … Read more
Over the last month, the price of Cardano (ADA) has dropped noticeably, and key indicators suggest that this downward trend may persist for the coming weeks. The decrease in value has caused the number of Cardano investors seeing a profit to plummet, as shown by on-site statistics. Specifically, data from IntoTheBlock’s “In the Money/Out of … Read more
As the Bitcoin Halving draws near, there’s growing optimism among investors about Bitcoin’s potential price increase. This anticipation has led investors to accumulate Bitcoin-linked investments. An example of these investments is a Bitcoin Leveraged Exchange-Traded Fund (ETF). Bitcoin Leveraged ETFs Gain Traction Based on Forbes’ report, Volatility Shares, an ETF provider from Palm Beach Gardens, … Read more
In a conversation with Eleanor Terrett from FOX Business, Caitlin Long, the CEO of Custodia Bank, discussed how the court’s ruling against the Federal Reserve is hindering technological advancement in the industry at large. Caitlin Long on the Federal Reserve Win To provide some context for the situation, Custodia Bank previously sought oversight from the … Read more