Michael Saylor, Executive Chairman of Microstrategy, stated that the approval of several spot ether ETF proposals by the U.S. SEC might be good for Bitcoin. In “What Bitcoin Did,” Peter McCormack’s podcast, Saylor stated this approval gives rise to a crypto asset class, including several use cases like tokens, NFTs, and defi, with Bitcoin at […] Source: https://news.bitcoin.com/microstrategys-michael-saylor-states-spot-ether-etf-approval-may-be-better-for-bitcoin/
Month: May 2024
Turkish Parliament Committee to Review Crypto Bill This Week
The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of […] Source: https://news.bitcoin.com/turkish-parliament-committee-to-review-crypto-bill-this-week/
‘Yield-bearing stables’ are not money or stablecoins: Agora’s van Eck
Yield-bearing stablecoins are far more likely to be classed as security products in many countries and would restrict customer reach, argues the son of Jan van Eck. Source: https://cointelegraph.com/news/yield-bearing-stables-not-money-stablecoins-says-agora-ceo-van-eck
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged to support the crypto industry, promising to halt President Joe Biden’s anti-crypto initiatives and protect bitcoin. […] Source: https://news.bitcoin.com/donald-trumps-crypto-holdings-top-10-million-arkham-says/
Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […] Source: https://news.bitcoin.com/analyst-predicts-prolonged-and-substantial-gold-bull-market-eyes-7000-price/
Chainlink Booms Amid Swift Payments Update, Ethereum ETF Rush
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports With U.S. financial markets on hold for Memorial Day, the long holiday weekend has meant a relatively quiet start to the week for most crypto markets—but…
Ethereum Bull Run Imminent Following ETF Approvals: Analysts
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Ethereum could soon rocket upwards following the Securities and Exchange Commission’s bombshell move to approve spot Ethereum exchange-traded funds (ETFs) last week, market analysts say. After…
‘Hacker’ identified in celebrity memecoin scams, says crypto sleuth Roxo
A person associated with Caitlyn Jenner’s JENNER coin launch rugged five other prominent figures, but not her, according to Roxo. Source: https://cointelegraph.com/news/celebrity-x-accounts-hacked-roxo-identifies-sahil-arora
Solana (SOL) price encounters resistance near $190 — Here is why
SOL price rallied 5% today, but on-chain data raises doubts about whether Solana can overcome the barrier at $190. Source: https://cointelegraph.com/news/solana-sol-price-encounters-resistance-near-190-here-is-why
JPMorgan Doubts SEC Will Approve Solana or Other Crypto ETFs
Global investment bank JPMorgan has expressed doubt that the U.S. Securities and Exchange Commission (SEC) will approve solana ETFs or any other spot crypto ETFs beyond bitcoin and ether. The decision by the SEC to approve ether ETFs “is already stretched given the ambiguity about whether ethereum should be classified as security or not,” said […] Source: https://news.bitcoin.com/jpmorgan-doubts-sec-will-approve-solana-or-other-crypto-etfs/