Despite Bitcoin’s recent record highs, Bitwise analysts predict that the cryptocurrency could reach a fair value of $230,000 by year-end. The bullish outlook is fueled by two key […]
GameStop Revenue Misses Estimates, Shares Drop After Q1 Report
GameStop’s shares fell following the release of its Q1 2024 earnings report. The retailer reported a decline in revenue compared to analyst expectations and experienced reduced operating profits. […]
White House Clears Up Fed Chair Rumor, Market Remains Stable
A rumor regarding a potential change in leadership at the Federal Reserve quickly dissipated after the White House issued a clear denial. This swift action helped to prevent […]
House Committee Advances Crypto Market Structure Bill
Moreover, by enhancing regulatory clarity, this bill will likely foster innovation within the cryptocurrency sector. From blockchain technology to bitcoin, Ethereum, DeFi platforms, and even NFTs, a more […]
Stablecoin Regulation: South Korea Leads the Pack in a Fast-Changing Race
The race for stablecoin regulation has begun, with South Korea taking a decisive lead. The country recently passed the Digital Asset Basic Act, granting companies permission to issue […]
From Memes to Politics: The Rise of Memecoins in the Crypto World
The journey from memes to political influence is a remarkable story for memecoin technology. Starting as humorous responses to the crypto market, these coins have evolved into significant […]
Bitcoin Price Target: The Fed’s Pivot and Institutional Adoption
In an exclusive interview, Dean Chen, Analyst at Bitunix, delves into the factors influencing Bitcoin price trajectory. From market speculation regarding a potential Fed pivot to the impact […]
Nasdaq Proposes Expansion of Crypto Index to Include XRP, Solana, Cardano, and Stellar
Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) requesting permission to include four prominent cryptocurrencies in its digital asset benchmark index: XRP, Solana […]
XRP Analysts Forecast Price Surge Amid Institutional Interest
Analysts are projecting a bullish breakout for XRP, anticipating significant price increases driven by growing institutional interest and recent regulatory developments. Key figures like Dark Defender and Davinci […]
UK’s FCA Proposes Lifting Cryptocurrency Investment Ban
The Financial Conduct Authority (FCA) of the United Kingdom is exploring lifting the existing ban on cryptocurrency-based exchange-traded notes (ETNs) for individual investors. This move follows a surge […]
China Bolsters Markets with $139 Billion Liquidity Injection
In a significant move to support its economy, China’s central bank injected 1 trillion yuan ($139 billion) into the financial system through a massive reverse repo operation. This […]
Trump to Reshape Fed: Dissatisfied with Powell’s Leadership, Potential for New Chair
President Trump is poised to shake up the Federal Reserve by nominating a new chairman, potentially replacing Jerome Powell who faces scrutiny for his interest rate policies. This […]
UK Lifts Ban on Crypto ETFs, Signaling Regulatory Shift and Increased Market Access
The UK Financial Conduct Authority (FCA) has lifted its ban on crypto exchange-traded funds (ETFs), a move that signals a shift in regulatory approach towards cryptocurrencies. This decision […]
House Committee Takes Action: Clarity Act Advances Cryptocurrency Regulation
The U.S. House Committee on Financial Services is taking a crucial step forward in regulating the cryptocurrency market, specifically by tackling the CLARITY Act. This move aims to […]
U.S. House Moves Forward with Crypto Regulation Bill
The U.S. House Committee on Financial Services has taken a significant step forward in regulating the cryptocurrency sector by advancing the CLARITY Act for review. This bipartisan bill […]