Tuur Demeester, a well-known Bitcoin researcher, recently shared his optimistic stance on Bitcoin’s future price potential. Anticipating a significant surge in Bitcoin’s valuation, he predicted that the cryptocurrency could reach anywhere between $200,000 and $600,000 by the year 2026. This bullish projection is based on the massive influx of trillions of dollars into the global
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Franklin Templeton, a prominent Wall Street titan and asset manager, has recently made a significant move by applying for an Ethereum Spot Exchange-Traded Fund (ETF) with the United States Securities and Exchange Commission (SEC). This decision comes on the heels of a prior struggle to obtain approval for their Bitcoin Spot ETF earlier this year.
Coinbase recently made headlines after lifting the freeze on Debt Box’s assets, following the discovery of discrepancies in the Securities and Exchange Commission’s (SEC) case against the firm. In a scathing social media post on X (formerly Twitter), Coinbase’s chief legal officer, Paul Grewal, criticized the SEC’s handling of the temporary restraining order (TRO) against
In a surprising turn of events, a new meme coin called Sponge V2 has captured the attention of the cryptocurrency community. This new coin has experienced a massive surge in price, much like Dogecoin on Solana, with a staggering increase of +60,980%. This unexpected pump has raised questions among expert analysts about whether Sponge V2
The highly anticipated verdict in Changpeng Zhao’s court battle with the United States government has been delayed, much to the disappointment of many. CZ, the former CEO of Binance, found himself in hot water after pleading guilty to violations of AML procedures. As part of his agreement to remain out of custody until his sentencing,
Gary Gensler, the chair of the U.S. Securities and Exchange Commission (SEC), recently addressed lawmakers regarding a breach of the SEC’s X account. This breach occurred on Jan. 9 when an unknown actor performed a SIM swap attack on the SEC’s X account and published a false message claiming that the SEC had approved several
Charles Hoskinson, the co-founder of Cardano, recently shared his thoughts on the state of the crypto industry and the future of the Cardano network. He likened Cardano to the “Taylor Swift of Blockchains,” highlighting the network’s unique position and approach in the industry. According to him, Cardano has been “doing everything right” from the beginning,
After months of consideration, FTX has decided to forgo any plans of restarting the exchange following the bankruptcy process. The company’s legal representatives have made it clear that FTX will instead dissolve once all debts are settled. While the full repayment of creditors is not yet guaranteed, it remains an achievable goal according to Andrew
The Korea Financial Intelligence Unit (KoFIU) has recently made an announcement regarding their plans to implement a more stringent supervision of the crypto industry in South Korea. This initiative aims to enhance financial oversight and consumer protection within the fast-evolving digital asset industry. The new measures are part of KoFIU’s comprehensive strategy for 2024, developed
As the legendary Solana meme coin BONK experiences a minor localized price drop, holders are starting to question the future of this token. The recent trading volume surge for BONK, which led to it flipping Ethereum-based SHIB in 24-hour trading volume, has sparked some positive developments in the BONK ecosystem. Despite the volatile price action,