The next crypto bull run, a highly anticipated event in the financial world, promises significant gains for investors according to many analysts and experts. This guide explores the dynamics of such crypto bull runs, their historical impact, and the potential triggers that could ignite the next bullrun. With a focus on Bitcoin’s influential role and …
Monthly archives: December 2023
XRP Lawsuit: Full History, News, Schedule And Price Predictions
Few events have garnered as much attention as the ongoing lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) – often referred to as “XRP lawsuit”. This legal battle, which has significant implications for the broader crypto market, has seen a series of twists and turns that have kept investors and industry …
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ORDI Shatters Records With New All-Time High In Bullish Surge
BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high. This recent price action places …
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Bitcoin tops $40K for first time in 19 months, Matrixport tips $125K in 2024
Bitcoin has hit a 19-month high, and Matrixport predicts it will keep climbing well into next year. Breaking news Join us on social networks Bitcoin (BTC) has reached the $40,000 level for the first time since late April 2022, climbing around 2% in 24 hours. Bitcoin surged from under $39,500 to strike above $40,000 on …
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Bitcoin price hits $40k amid ETF discussions and BTC halving anticipation
Bitcoin has broken the $40,000 barrier, a significant milestone energizing the crypto space. In the past 24 hours alone, $23 billion in trading volume was recorded, showcasing the intense market activity surrounding the world’s premier cryptocurrency. This rally was further bolstered by a $15 million in short liquidations, indicating a strong bullish sentiment among investors. …
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US Space Force Major urges Defense Department to adopt Bitcoin as an ‘offset strategy’
U.S. Space Force Major Jason Lowery has brought a novel perspective on Bitcoin to light, extending its significance far beyond finance and into national defense and cybersecurity. In a detailed letter to the Defense of Defense’s (DoD) Innovation Board, Lowery argued that Bitcoin and similar proof-of-work (PoW) protocols hold substantial strategic importance, urging the government …
JPMorgan Chase CEO Warns ‘Explosive’ Event May Be Incoming Amid Dangerous Cocktail of Risks Facing Economy
The CEO of the world’s largest bank says the US is now facing a slew of risks that could push the global economy into rough waters. JPMorgan CEO Jamie Dimon says the US economy is addicted to debt, and central bank spending has become like heroin to American households, the Telegraph reports. Dimon believes the …
Bitcoin Gearing Up To Soar As Indicator Signals Strong Momentum for BTC, According to Analyst Henrik Zeberg
A widely followed analyst says that Bitcoin (BTC) is setting the stage up to skyrocket as one key indicator points toward strong momentum for the king crypto asset. In a new thread, macroeconomist and crypto strategist Henrik Zeberg tells his 121,200 followers on the social media platform X that BTC’s weekly relative strength index (RSI) …
Kraken Chief Legal Officer Says Bright Future Ahead for Crypto After Binance Settlement With US Government
The chief legal officer of crypto exchange Kraken is optimistic that Binance’s decision to settle with the US government will benefit the digital asset industry. Last month, the world’s largest crypto exchange by trading volume agreed to pay over $4 billion in fines after pleading guilty to engaging in money laundering, violating sanctions and operating …
$397,000,000 in Deposits Exit US Banking System in One Year As Money Market Funds Witness Historic Inflows
Hundreds of billions of dollars in deposits have exited US banks this year as consumers and institutions flock to money market funds to take advantage of the high interest rate environment. New data from the Federal Reserve Economic Data (FRED) system shows deposits in all US commercial banks plunged from $17.736 trillion at the start …
Crypto Financial Services Firm Matrixport Details Catalysts for Bitcoin Rally to $125,000 in 2024
A crypto financial services firm is detailing the catalysts that could spark a rally for Bitcoin (BTC) and push it to six figures sometime in 2024. In a new report titled “The Sustainability of Bitcoin’s Bull Market in 2024,” Matrixport outlines how the top crypto asset by market cap can surge to a $125,000 price …
Binance’s explosive growth led to compliance failures – CEO Richard Teng on $4.3B settlement
The new CEO of Binance takes stock of the exchange’s future following a landmark $4.3 billion settlement with United States authorities in a one-on-one interview with Cointelegraph. Interview Join us on social networks “As part of the settlement, CZ cannot be involved in the day-to-day running of the company’s operations,” Richard Teng explains. Despite that, …
Bitcoin price surge toward $40K boosts sentiment in KAS, RUNE, MNT and RNDR
Bitcoin’s recent rally toward $40,000 could further fuel traders’ bullish sentiment for KAS, RUNE, MNT and RNDR. Price Analysis Join us on social networks Bitcoin (BTC) finally broke above the formidable resistance of $38,000 in the past week and marched closer to $40,000. This move shows that Bitcoin’s trajectory remains up. The bulls will try …
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Arbitrum DAO passes $23M extra budget to fund all grant applicants
The Arbitrum community is expanding its grant program budget to over $70 million, supporting a total of 56 projects. News Join us on social networks The Arbitrum DAO has confirmed the disbursement of millions in extra tokens to fund all projects approved on its latest Short-Term Incentive Program (STIP), boosting its budget by $23.4 million. …
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Crypto Biz: UAE’s regulatory structure draws crypto firms, Canaan’s revenue slumps, and more
The United Arab Emirates increasingly attracts Web3 companies to its jurisdictions, becoming the center of global crypto innovation. Newsletter Join us on social networks Behind the wave of companies moving or deploying initiatives in the UAE is regulation. The country has introduced regulatory frameworks for decentralized autonomous organizations (DAOs), virtual asset providers, metaverses and other …