Fundstrat’s head of research, Tom Lee, has once again made headlines with his prediction that Bitcoin will surge to $150,000. This bullish outlook on the pioneer cryptocurrency has sparked a debate among investors and analysts alike. While some believe in Lee’s optimistic forecast, others remain skeptical about the feasibility of such a sharp price increase.
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Galaxy Digital CEO Mike Novogratz has shared his optimistic outlook on the regulatory environment for cryptocurrencies in the US. He emphasized the importance of bipartisan support, stating that crypto should not be a partisan issue. Despite some opposition from lawmakers like Senator Elizabeth Warren, Novogratz believes that the majority of US politicians are leaning towards
SBI Holdings, a financial services company based in Tokyo, Japan, has made a groundbreaking announcement in partnership with Ripple. They are introducing an NFT minting service on the XRP Ledger for the upcoming World Expo 2025. This initiative is part of the ‘EXPO 2025 Digital Wallet’ project, which aims to enhance the Expo experience through
Bitcoin, the leading cryptocurrency, has seen a 15% drop in price since reaching an all-time high of over $73,500 in mid-March. Despite this significant decline, there are indications that the bull run may not be over yet. Various factors point to potential buying opportunities for investors looking to capitalize on the market situation. One of
In the first half of 2024, Bitcoin and Ethereum have emerged as the standout performers in the financial market. These cryptocurrencies have managed to outshine traditional investment options such as the Nasdaq, S&P 500, oil, gold, the U.S. dollar, and government bonds. This incredible performance has caught the attention of many investors and analysts alike.
Billionaire investor Mark Cuban recently highlighted the challenges faced by token-based companies when it comes to registering with the US Securities and Exchange Commission (SEC). Cuban’s concerns stem from SEC Commissioner Mark Uyeda’s acknowledgement that the current approach to crypto disclosure filings is “problematic.” The existing Form S-1, which is required for companies to offer
Binance.US, the American arm of the world’s largest crypto exchange by trading volume, Binance, is currently facing a legal battle with the Securities and Exchange Commission (SEC). The SEC has filed several allegations against Binance.US, accusing the exchange of violating securities laws. On July 1, Binance.US released a statement indicating that the Court had decided
Arthur Hayes, the co-founder of BitMEX, recently published an essay titled “Zoom Out,” where he delves into the parallels between historical economic upheavals and the current financial landscape. He categorizes economic cycles into “Local” and “Global” cycles, emphasizing the importance of understanding these cycles in predicting future trends in the Bitcoin and crypto market. Hayes
Artificial intelligence (AI) has become an integral part of our everyday lives, from social media algorithms to chatbots. However, Charles Hoskinson, co-founder of Cardano, has raised concerns about the implications of AI censorship. AI censorship involves the use of machine learning algorithms to filter out content deemed objectionable or sensitive. This practice, often implemented by
Bitcoin has recently been experiencing a period of volatility, with the price fluctuating between $60,000 and $63,500. Despite attempts to break above important resistance levels, the bearish sentiment in the market seems to be prevailing. One crypto analyst, Alan Santana, has made a rather grim prediction regarding the future of Bitcoin prices. In his analysis
