Did Reddit Bet Its IPO On Bitcoin? ‘Sounds Like A Stupid Decision,’ Redditor Says
Reddit’s recent strategic move to invest in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) has not just made headlines but has also ignited a fiery debate across its own vast network of forums. What Happened: Following the announcement of Reddit’s…
Kraken Fights Back SEC Lawsuit, Argues Cryptos Are Commodities And Not Securities
Cryptocurrency exchange Kraken has made a move to dismiss a lawsuit filed against it by the Securities and Exchange Commission (SEC). What Happened: The SEC had previously sued Kraken in November, alleging that the exchange did not register as a…
JP Morgan Analyst: “The strong rise in virtual currency prices is due to increased interest from individual investorsâ€
Interest from individual investors soars Analysts at US financial giant JPMorgan said on the 22nd that increased interest from retail investors was likely responsible for the strong rally in cryptocurrency prices in February. He also cited three factors that are…
Trump Warming Up To Bitcoin? Ex-President Finds Growing Popularity Of Apex Crypto ‘Interesting’ But Dollar Remains Favorite
Former President Donald Trump seems to have softened his stance on Bitcoin (CRYPTO: BTC) following his criticism of central bank digital currencies (CBDCs). What Happened: During a Wednesday television appearance on Fox News, “The Ingraham Angle,†Host Laura Ingraham asked…
How Bitcoin can benefit from global stress | CoinDesk JAPAN
Budget deficits, inflation, wars, bank failures, cyber attacks, de-dollarization. These risks threaten the returns that investors receive from stocks and bonds and pose a major obstacle. Historically, U.S. Treasuries have been a “safe haven†and provided some protection from crises,…
Are you aware of changes in the crypto asset atmosphere? | CoinDesk JAPAN
Have crypto assets (virtual currencies) made a comeback? Every other week, news appears that Bitcoin (BTC) and Ethereum (ETH) are trading at prices not seen since 2021, when the crypto asset market was soaring. There are no signs that price…
Bitcoin, Ethereum, Dogecoin Rise As Crypto Market Eyes $2T Market Cap: Analyst Predicts $300K A Possibility For King Crypto This Cycle
Major cryptocurrencies surged on Thursday evening, propelling the global cryptocurrency market capitalization closer to the $2 trillion mark. What Happened: BTC recently achieved a $1 trillion market capitalization following the introduction of a spot ETF and growing optimism in the…
Ethereum may break through the ascending triangle and reach $5,200 | CoinDesk JAPAN
Ethereum’s weekly chart showed an ascending triangle breakout. According to Kraken OTC technical analysis, this triangle pattern has a target price of $5,200. Ethereum (ETH) may have broken out of the “ascending triangle†pattern and found its way to an…
Is Bitcoin’s Future Doomed? European Central Bank Says Yes, Offers Stark Warning
In a striking declaration, the European Central Bank (ECB) on Thursday said Bitcoin (CRYPTO: BTC) holds an intrinsic value of “zero.” This announcement follows the U.S. Securities and Exchange Commission’s (SEC) landmark decision to approve Bitcoin spot exchange-traded funds (ETFs)….
Bitcoin Halving: Friend Or Foe? Expert Unveils When Exactly ‘We Could See A Big Dip’
Cryptocurrency expert Kevin Svenson predicts a significant downturn for Bitcoin (CRYPTO: BTC) investors. What Happened: Svenson’s analysis hinges on the Bitcoin halving, a pre-programmed reduction in the rewards for mining new blocks, which historically influences the price due to its…