Monthly archives: August 2023

Bloomberg ETF analysts raised their odds for a spot Bitcoin ETF approval after the recent Grayscale victory against the SEC. News Join us on social networks Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator. …

Continue reading “Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts”

Bloomberg analysts say it’s highly likely a Bitcoin (BTC) exchange-traded fund (ETF) will launch by the end of the year, and a near-guarantee by the end of 2024. According to Bloomberg ETF experts James Seyffart and Eric Balchunas, there’s a 75% chance that a spot market BTC ETF will launch by the end of 2023 …

Continue reading “Bloomberg Experts Say There’s a 75% Chance of Bitcoin ETF Launch This Year, ‘Done Deal’ for 2024”

Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Market Analysis Join us on social networks Crypto analysts on X (the social media platform formerly known as Twitter) and in YouTube interviews have been abuzz with talk about the trend of Bitcoin leaving centralized exchanges. On …

Continue reading “No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto”

Top crypto analyst Benjamin Cowen says that Bitcoin (BTC) could see a major market correction next month based on its historical performance in September. Cowen tells his 762,500 followers on the social media platform X that Bitcoin could decline by more than 16% from its current value in September. “Good chance we see $23,000 BTC …

Continue reading “Here’s How Far Bitcoin (BTC) Could Fall in September, According to Crypto Analyst Benjamin Cowen”

A widely followed crypto analyst says that Bitcoin (BTC) bulls are being overly optimistic that Grayscale’s recent legal win against the U.S. Securities and Exchange Commission (SEC) can spark the next bull market. In a new strategy session, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that the king crypto’s lackluster price …

Continue reading “Grayscale’s SEC Victory Being Overhyped by Bitcoin Bulls, Says Nicholas Merten – Here’s Why”

Polygon Labs founder Sandeep Nailwal says Polygon’s (MATIC) upcoming upgrade will transform its native asset into a “third-generation token.” The Polygon community is currently mulling a technical proposal that would upgrade the project’s native MATIC token and rename it to POL. The proposal is part of the network’s transition to Polygon 2.0, which aims to …

Continue reading “MATIC Getting Massive Technical Upgrade With POL, Says Polygon Founder”

A judge for the Southern District of New York has tossed a lawsuit against decentralized crypto exchange (DEX) Uniswap. The lawsuit alleged that Uniswap enabled the trading of “scam tokens” that ultimately caused damages to unsuspecting investors. The judge’s ruling stated that Uniswap’s decentralization makes it so that there is essentially no discernible defendant, and …

Continue reading “Judge Overseeing SEC’s Coinbase Lawsuit Dismisses Class Action Against Uniswap”

Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC. Price Analysis Join us on social networks Bitcoin led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States …

Continue reading “Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC”

The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States. Opinion Join us on social networks While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to …

Continue reading “MiCA: The good, the bad and the ugly of the EU’s crypto rules”