A crypto lobbying group with little publicly available information is gearing up to advocate for digital assets ahead of this year’s US presidential election, according to a new report. CNBC reports that a “mysterious” nonprofit called “The Cedar Innovation Foundation” was incorporated in Delaware in April. The group’s website and account on the social media …
Monthly archives: January 2024
Bitcoin (BTC) ETF Approval Is ‘Inevitable,’ Says Former SEC Chairman Jay Clayton
Former U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton is bullish on the prospects of a spot Bitcoin (BTC) exchange-traded fund getting approved. Clayton says in a CNBC interview that the greenlighting of a spot Bitcoin ETF by the SEC is “inevitable”. “I think there’s nothing left to decide… I credit the SEC for …
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Fundstrat’s Tom Lee predicts $500k Bitcoin in 5 years as institutions begin pouring in
Fundstrat Global Advisors managing partner Tom Lee predicts Bitcoin (BTC) could surge to $150,000 within the next 12 months and potentially leap to $500,000 in the next five years. Lee made the statement during an appearance on CNBC’s “Squawk Box” on Jan. 10. His comments come amid significant anticipation in the financial markets concerning the …
Bankrupt FTX seeks to sell luxury Bahamian properties amid bankruptcy proceedings
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Bitcoin “HODL wave” patterns signal potential FOMO-driven price climbs
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Bitcoin futures margined in BTC hit historic lows as cash options prevail
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BITO registers near-historic Bitcoin inflow, indicating ETF market momentum
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UK crypto investors warned of tax return penalties ahead of January deadline
Crypto investors in the United Kingdom have been urged to check if they need to complete a Self Assessment tax return for the 2022 to 2023 tax year ahead of the Jan. 31 deadline, according to a Jan. 9 statement by His Majesty’s Revenue & Customs (HMRC), U.K.’s national taxing authority. “The deadline to complete …
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Bitcoin maintained independence from traditional market forces in 2023
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As Crypto Markets Await Huge SEC Decision, Here’s Why Bitcoin ETF Token (BTCETF) Might Be The Ultimate Beta Play
After months of deliberation and discussion between the Securities and Exchange Commission (SEC) and 13 applicant companies, the January 10 deadline for the SEC’s response […] Go to Source
SEC Hit By Barrage Of Criticism After Hacked X Account Caused Fake Spot Bitcoin ETF Approval Announcement
The US Securities and Exchange Commission (SEC) is facing a barrage of criticism after its X account was hacked, leading to the fake approval of […] Go to Source
X Blames SEC For Hacked Account That Led To Fake Announcement Of Spot Bitcoin ETF Approvals, Says Regulator Didn’t Have 2FA
Social media platform X put the blame on the U.S. Securities and Exchange Commission (SEC) for the account breach that led to a fake announcement […] Go to Source
Bitcoin Price Prediction: As Valkyrie Says It’s 95% Sure Spot BTC ETFs Will Start Trading Thursday, Bitcoin Minetrix Presale Blasts Past $8 Million
The Bitcoin price tumbled 2% in the last 24 hours to trade for $46,052 as of 1:30 a.m. EST, with trading volume plunging 10%. It […] Go to Source
Ethereum (ETH) Primed To Collapse Against Bitcoin (BTC) to Multi-Year Lows, According to Benjamin Cowen
Crypto analyst Benjamin Cowen believes that Ethereum (ETH) is about to collapse against Bitcoin (BTC). In a new strategy session, Cowen tells his 789,000 YouTube subscribers that the ETH/BTC ratio is likely repeating a historical pattern and might soon lose a key support level. “I’m not saying it can’t ever bounce, and if it does …
ETF Inflows Could Push Bitcoin to This Massive Price Target, According to Banking Giant Standard Chartered
Banking giant Standard Chartered thinks Bitcoin (BTC) could potentially soar to $200,000 by the end of 2025. In a new research note, Standard Chartered analysts predict $50-100 billion worth of cash will flow into spot Bitcoin exchange-traded funds (ETFs) in the US this year, unlocking massive potential gains for the top crypto asset by market …