As the world of crypto braces for a potential regulatory nod from the US Securities and Exchange Commission (SEC) in favor of a Bitcoin spot exchange-traded fund (ETF), Peter Schiff, a notable crypto critic, has voiced a dissenting opinion. Schiff projected a grim future for Bitcoin, especially in the event of a spot ETF approval. …
Monthly archives: January 2024
Crypto Analyst Predicts 100% Surge For Shiba Inu, But There’s A Roadblock
Through the rips and dips of the crypto market, the Shiba Inu price has been able to maintain a rather consistent bullish momentum, something that cannot be said for a lot of cryptocurrencies. Given this sustained bullish sentiment, the meme coin is primed to be one of the assets to see a massive rally as …
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Solana Users Face Mounting Threat As Drainer Attacks Surge, SOL Price Plummets 13%
As the price of Solana (SOL) has skyrocketed by an astounding 722% year-to-date, the network’s rapid growth has attracted both attention and challenges. Not only has the native token gained significant value, but the use of Solana-based meme coins such as Bonk Inu (BONK), which has grown over 854% year-to-date, and decentralized applications (dApps) have …
Bitcoin ETF Applications Will Be Rejected This Month, Slashing 20% Off The Bitcoin Price, Matrixport Says
The US Securities and Exchange Commission (SEC) will flout market expectations and reject all spot Bitcoin ETF (exchange-traded fund) applications this month, slashing 20% off […] Go to Source
Michael Saylor Starts Selling $216 Million MicroStrategy Shares, Will Buy More Bitcoin
MicroStrategy co-founder Michael Saylor has started selling $216 million worth of MicroStrategy shares, with part of the funds raised going towards buying more Bitcoin. A […] Go to Source
Top Macro Analyst Says $100K Bitcoin Price Would Be ‘’Disappointing’’ In Next Bull Run, Hopes For $200K
Macro analyst Lyn Alden said that a $100,000 peak for Bitcoin in the next bull cycle would be underwhelming and hopes it will hit $200,000 […] Go to Source
New Crypto Tax Law That’s ‘Impossible To Comply With’ Now in Effect, Says Coin Center – Here’s What It Is
A prominent crypto advocacy group says that new crypto tax regulations have come into effect that are impossible to comply with. In a new press release, Coin Center says that The Infrastructure Investment and Jobs Act, which passed Congress in 2021, came into effect on January 1st and will force anyone who receives more than …
Speculation on potential Bitcoin ETF rejection causes market stir as focus shifts to ordinals’ potential: SlateAsia Episode #4
The recent episode of SlateAsia brought together prominent voices in the space to discuss the tumultuous start of 2024 for Bitcoin and the rising interest in Ordinals. The podcast featured Liam Wright, Senior Editor of CryptoSlate, Nate Whitehill, the CEO of CryptoSlate, and Jason Fang from Sora Ventures. Their conversation centered on the SEC’s potential …
Jihan Wu stands by Matrixport’s contentious Bitcoin ETF analysis amid market shakeup
Matrixport co-founder Jihan Wu took to social media to address industry concerns regarding the company’s recent report predicting the rejection of spot Bitcoin ETF applications by the SEC. In his statement, Wu emphasized the independence of Matrixport’s analysts, stating that they operate without any influence or interference from management. He added that the analysts are …
BlackRock and Grayscale could add Goldman Sachs as authorized ETF participant
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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ENS token surges 35% to defy market trend after Vitalik calls the platform ‘super important’
Ethereum Name Service’s native token ENS surged over 40% on Jan. 3 after Ethereum co-founder Vitalik Buterin spoke positively about the platform and said it was “super important” for the ETH ecosystem. As of press time, ENS was trading at approximately $13.94, up 40.38% over the last 24 hours. The token has a market cap …
Coinbase exec claims spot Bitcoin ETF is not overhyped
Coinbase country head for Singapore Hassan Ahmed believes the approval of a spot Bitcoin exchange-traded funds (ETF) will be the catalyst for a “structural market change” for the flagship digital asset. Ahmed made the statement during an appearance on CNBC International on Jan. 2. He said: “[The ETFs] are as big a deal as people …
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Bloomberg analyst queries Matrixport’s Bitcoin ETF potential rejection claim
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2024 Could Be Wild Run for Bitcoin (BTC) and Crypto if History Is Any Indication: Analyst Jason Pizzino
Popular crypto analyst Jason Pizzino is updating his 2024 outlook for Bitcoin (BTC) and the broader crypto market. In a new YouTube strategy session, Pizzino tells his 303,000 subscribers that the history Bitcoin’s four-year cycles indicates this year could bring sizeable gains. Pizzino notes that 2024 is a US election year, which he says has …
‘Gigantic Bubble Cycle’ Could Be in Play for Crypto Markets, According to Ex-Goldman Sachs Executive
Ex-Goldman Sachs executive Raoul Pal says that a massive bubble cycle could be on the horizon for crypto markets. In a new interview with crypto influencer Scott Melker, the macro guru and Real Vision chief executive says that while he believes the current market cycle is probably a normal one, there’s also a 20% chance …