A widely followed crypto analyst says that Bitcoin (BTC) is setting the stage for a major breakout. Crypto analyst Michaël van de Poppe tells his 674,900 followers on the social media platform X that Bitcoin remains in a bullish uptrend, printing higher low prices. “Another higher low is established on Bitcoin. The trend remains to …
Monthly archives: November 2023
Crypto Trader Says Bitcoin (BTC) Retracement Could Lead to ‘Parabolic Uptrend’ – Here’s What He Means
A widely followed crypto analyst says that Bitcoin (BTC) backtracking before the halving could actually be a good thing. Pseudonymous crypto trader Rekt Capital dives deep into pre-halving BTC activity for his 372,100 followers on the social media platform X. The Bitcoin halving occurs approximately every four years. The pre-programmed event reduces the reward for …
Digital Currency Group and Genesis Global Reach Bankruptcy Agreement: Court Docs
Venture capital firm Digital Currency Group (DCG) and its bankrupt subsidiary Genesis Global have struck a new agreement to settle an ongoing legal battle. A new filing with the US Bankruptcy Court for the Southern District of New York says that in September, Genesis filed a lawsuit to recover approximately $627 million in loans owed …
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U.S. Deputy Treasury Secretary Wally Adeyemo Warns Crypto Industry To Take Action Against Illicit Finance
U.S. Deputy Treasury Secretary Wally Adeyemo is issuing a warning to the crypto industry, saying it must crack down on illicit finance. Speaking at the 2023 Blockchain Association Policy Summit, Adeyemo says that the digital assets industry should self-regulate against illegal financial activities or regulators will have to clamp down even harder on the nascent …
Courts will provide ‘good guidance’ for crypto — CFTC commissioner
Kristin Johnson proposed several potential paths for handling digital assets in the United States — through Congress, having private companies address governance and the courts. News Join us on social networks Kristin Johnson of the United States Commodity Futures Trading Commission (CFTC) said there are many ways of handling cryptocurrencies in the country, but legislating …
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Mastercard launches generative AI chatbot to help you shop online
Digital personalization company Dynamic Yield by Mastercard was purchased from McDonalds in 2022. News Join us on social networks Dynamic Yield by Mastercard, a digital personalization and artificial intelligence subsidiary of Mastercard, announced the launch of its Shopping Muse generative AI chatbot assistant for ecommerce on Nov. 30. The AI system was revealed in a …
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Bitcoin’s Future in 2023 and the Role of Bitcoin Blender in Enhancing Security
Bitcoin is a protocol-driven decentralized system based on the principle of direct exchange between users. It was also the first cryptocurrency to revolutionize the financial world. But time marches on inexorably, so the question is: how relevant will this asset be in 2023? Read on to find out. How Bitcoin Works Bitcoin is a decentralized, …
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Grayscale Bitcoin Trust Discount Shrinking And Investors Back New Bitcoin ETF Token With $2M As Sellout Nears And SEC Approval Bets Mount
The Grayscale Bitcoin Trust (GBTC) discount is evaporating and the new Bitcoin ETF Token ($BTCETF) has attracted $2 million from traders in the latest two […] Go to Source
Pando Asset Enters Spot Bitcoin ETF Race While Blackrock And SEC Meet Again
Swiss fund manager Pando Asset became the latest firm seeking approval for a spot Bitcoin ETF (exchange-traded fund) in the US. The pending Pando Asset […] Go to Source
FTX Wins Approval To Sell $873 Million Of Grayscale, Bitwise Assets
FTX has received approval from a bankruptcy court to start selling up to $873 million worth of assets in Grayscale and Bitwise investment trusts. The […] Go to Source
US Treasury Asks Congress For More Power To Hunt Down Crypto Bad Actors, Including Overseas
The US Treasury Department has requested that Congress give it more authority to go after illicit actors in the cryptocurrency space, including in some cases […] Go to Source
Interview With Deutsche Telekom’s Markus Schorn and Jens Herrmann
The following is an interview with Deutsche Telekom’s Web3 Program Co-Lead Markus Schorn and Sr. Manager of Corporate Strategy Jens Herrmann. Interview by Tom Lyons Deutsche Telekom has been highly active in the blockchain space for quite a while now, which might surprise people. Can you tell us when you started and why? Markus: We’ve …
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Sui Surpasses $150 Million in TVL, Showcasing Blistering DeFi Momentum
November 30, 2023 – Grand Cayman, Cayman Islands Sui – the pioneering layer one blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project – has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in TVL (total value locked), according to …
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Bloomberg Analyst Says SEC Lining Up To Potentially Approve All Spot Bitcoin ETF Applications in January
A Bloomberg analyst says that the U.S. Securities and Exchange Commission (SEC) is gearing up to approve all bids for a spot market Bitcoin (BTC) exchange-traded fund (ETF). In a lengthy thread on the social media platform X, James Seyffart says that the SEC making earlier-than-expected rulings on Franklin’s bids for a BTC ETF means …
IOTA makes 40%+ move after $100M ecosystem foundation announcement
IOTA price saw a high volume surge that took the altcoin to a near 1-year high, but are there reasons to support further upside? Markets News Join us on social networks IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 …
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