Global macro director at financial services giant Fidelity, Jurrien Timmer shared his bitcoin outlook in a series of posts on social media platform X last week. According to Timmer Bitcoin is a commodity currency that aims to be a store of value and he considers it to be exponential gold. “In my view, bitcoin is […]
In the dynamic realm of cryptocurrency, innovation is key, and Bitlink is stepping into the limelight with its world-class trading platform. This November, the eagerly anticipated Initial DEX Offering (IDO) on the Binance Smart Chain Starter (BSCS) platform is set to take place, marking a significant milestone for Bitlink and its community. Unveiling Web3 Potential […]
Midas, a stablecoin backed by US Treasuries, is set to make waves in the cryptocurrency and traditional finance convergence. The project is introducing its stUSD token to popular decentralized finance (DeFi) platforms like MakerDAO, Uniswap, and Aave in the coming weeks, with plans for a retail launch in early 2024. Midas aims to tap into […]
Jump Crypto, a segment of the Jump Trading group, is currently facing scrutiny from the US Securities and Exchange Commission (SEC) for its alleged involvement in transactions with former Terraform Labs CEO Do Kwon. Reporting from Yahoo Finance, written on Sunday (12/11/2023), the SEC investigation is focused on whether Jump Crypto entered into an agreement […]
Australian regulators are set to require local businesses to disclose any ransomware cyberattacks on their operations, aiming for greater transparency in the face of escalating cyber threats. The move comes as the country’s economy suffered a staggering $2.59 billion loss to cybercrimes in 2021. The upcoming national cybersecurity strategy, slated for unveiling this week, will […]
Summary: Grayscale’s Solana Trust Shares (GSOL) have surged, doubling in value to reach an impressive $202, indicating a surge in institutional interest in Solana. The GSOL shares are trading at a remarkable 784% premium over Solana’s token price of $55. Grayscale’s Role in the Crypto Market: Grayscale, a significant player in the U.S. for institutional […]
MicroStrategy co-founder and renowned Bitcoin advocate Michael Saylor anticipates a substantial surge in Bitcoin demand, potentially reaching up to 10 times its current level within the next 12 months. Speaking at the 2023 Australia Crypto Convention on November 10, Saylor shared his insights on the future trajectory of Bitcoin. Saylor began by highlighting Bitcoin’s evolution […]
Summary: BlackRock, a major investment management firm, has raised concerns over the U.S. Securities and Exchange Commission’s (SEC) unequal treatment of spot-crypto and crypto-futures exchange-traded fund (ETF) applications. The firm’s application for a spot-Ether (ETH) ETF, named the “iShares Ethereum Trust,” questions the SEC’s basis for consistently rejecting spot crypto ETFs while approving crypto futures […]
John Deaton, a well-known attorney representing XRP holders in the SEC vs. Ripple case, predicts that the United States could potentially approve Bitcoin ETFs by late 2023. This forecast coincides with the anticipated Bitcoin Halving and key Federal Reserve decisions expected in the second or third quarter of 2024. If approved, the Bitcoin ETFs could […]
In the past week, the crypto market is still in a positive trend with Bitcoin (BTC) showing resilience by moving around the USD 35,000 resistance level. What is interesting is the significant increase experienced by altcoins, signaling further growth in the near future. On Tuesday, November 7 2023 at 08.00 WIB, bitcoin was at USD […]