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 GameStop shares popped 16% to over $31 on Wednesday after Gary Gensler, chairman of the Securities and Exchange Commission (SEC), was asked about Keith Gill. Better…
Month: June 2024
Bitcoin Price Rises After Bank of Canada Cuts Interest Rate Below 5%
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 Canada’s central bank just cut its benchmark interest rate for the first time in four years—a pivotal move that suggests other monetary authorities could soon start…
Gary Gensler Is Now Being Asked About Bonk ETFs Following Ethereum Approvals
United States Securities and Exchange Commission (SEC) Chair Gary Gensler found himself criticizing the crypto industry on live television yet again on Wednesday—but this time, the regulator appeared to use markedly softer language as he was asked about potential crypto ETFs ahead. “These tokens… have not given you the proper disclosures you not only need to make your investment decisions,…
Analysts Bullish on Bitcoin: QCP Capital Foresees New All-Time Highs in June
Singapore-based QCP Capital indicates that bitcoin could potentially exceed its all-time high of $73,794 this month by crossing the $74,000 threshold. The signals QCP emphasized were derived from bitcoin call options with June expiries. Several Market Observers See Bullish Bitcoin Momentum Ahead Several analysts and researchers have a positive outlook on bitcoin’s prices for June. […] Source: https://news.bitcoin.com/analysts-bullish-on-bitcoin-qcp-capital-foresees-new-all-time-highs-in-june/
Coinbase rolls out smart wallet with no gas fees and easy onboarding
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto. Source: https://cointelegraph.com/news/coinbase-smart-wallet-no-gas-fees
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May. Source: https://cointelegraph.com/news/galaxy-tokenizes-violin-nft-sales-volume-tumbles
Ethereum Creator Vitalik Buterin Explains What Celebrity Tokens Get Wrong
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 Vitalik Buterin has a problem with the latest spate of celebrity meme coins, taking to Twitter to rail against pop culture-powered cryptocurrencies—and explaining how they could…
Rushing OP_CAT on Bitcoin coulkd at an immense security cost
Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin. Source: https://cointelegraph.com/news/rushing-op-cat-bitcoin-immense-security-cost
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed to prevent excessive administrative control. Despite bipartisan support for a resolution to repeal […] Source: https://news.bitcoin.com/sec-commissioner-advocates-for-withdrawal-of-sab-121-says-bidens-veto-was-unfortunate/
Ark Protocol’s Team Forms Lightning Network Competitor
In response to the growing demand for scalable and cost-effective Bitcoin payments, the team behind the Bitcoin layer-2 protocol Ark has established a new company called Ark Labs. This innovative firm aims to develop a faster and more efficient payment system on the Bitcoin blockchain, offering a compelling alternative to the Lightning Network. Led by creator Burak Keceli, Ark Labs…