Siamak Masnavi

News Reporter

Siamak received his PhD in Computer Science from University of London in 1992. He is a freelance writer and software developer.

Articles by Author

Cryptocurrency Federal Reserve

What’s Behind the Pre-Christmas Crypto Crash? Jamie Coutts Breaks It Down

Crypto markets are in turmoil, with steep declines in major assets like Bitcoin and Ethereum since Dec. 18, 2024. The downturn began immediately after the Federal Reserve’s FOMC meeting, where policymakers issued a cautious statement about monetary policy and Jerome Powell, the Fed Chair, provided remarks that spooked markets. Jamie Coutts, the Chief Crypto at […]
Ethereum ($ETH) Uncategorised

‘AI Agents in Ethereum Are Not Priced In,’ Says Crypto VC Ryan Sean Adams

Ryan Sean Adams, a general partner at Bankless Ventures, recently highlighted a groundbreaking development in Ethereum’s ecosystem on social media platform X. According to Adams, an AI agent, @0xzerebro, became the first to stake 32 ETH and launch its own Ethereum validator on Dec. 12. He explained that this ETH was earned by the AI […]
Stablecoins

Stablecoin Market Tops $200 Billion Amid MiCA Changes and Strategic Partnerships: CCData

The stablecoin market reached a new high in December 2024, crossing the $200 billion mark in total market capitalization for the first time, according to the Decemeber 2024 edition of CCData’s Stablecoins & CBDCs Report. This growth reflects the expanding role of stablecoins in the digital asset ecosystem, despite tightening regulatory pressures, particularly in Europe. […]
Bitcoin ($BTC)

Bitwise CIO Explains Why He Does Not See Latest Crypto Crash as Anything More than a ‘Hiccup’

Late Wednesday (U.S. hours), Matt Hougan, the Chief Investment Officer (CIO) at Bitwise Asset Management, took to the social media platform X to comment on the Fed’s announcement and its impact on the crypto market. On Wednesday, the Fed announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC). According […]
Bitcoin ($BTC)

How IMF’s $1.4B Deal With El Salvador, If Approved, Could Jeopardize Bitcoin’s Role as Legal Tender

The International Monetary Fund (IMF) announced on December 18 that it has reached a staff-level agreement with El Salvador for a $1.4 billion loan under its Extended Fund Facility (EFF). The agreement is currently at the staff-level stage and requires formal approval by the IMF’s Executive Board, expected by early February 2025. Approval hinges on […]
Cryptocurrency Federal Reserve US stock market

The Fed Cuts Rates as Expected, but Hawkish 2025 Outlook Hits Crypto and U.S. Stocks Hard

On Wednesday, the Federal Reserve, the central bank of the United States, announced the decision of the Dec. 17-18 meeting of its Federal Open Market Committee (FOMC) regarding interest rates. According to the Fed’s FOMC Statement, although progress has been made on cutting inflation, it still remains higher than what they would like, which is […]
Bitcoin ($BTC)

VanEck’s Matthew Sigel Predicts U.S. Strategic Bitcoin Reserve at National or State Level in 2025

Matthew Sigel, head of digital assets research at global asset management firm VanEck, suggested in a recent interview with Natalie Brunell that the U.S. government might establish a strategic Bitcoin reserve in 2024. He speculated that this could involve reclassifying the approximately 200,000 Bitcoin already held by the government, seized in criminal cases, as a […]
Ethereum ($ETH)

Why Bitwise Strategist Juan Leon Calls Ethereum ($ETH) ‘The Comeback Kid of 2025’

Juan Leon, senior investment strategist at Bitwise Asset Management, believes Ethereum is primed for a significant resurgence in 2025. In a blog post published Dec. 17, Leon argues that Ethereum, despite being overshadowed in 2024, stands to gain tremendously from the $100 trillion market for real-world assets. Leon says that while Bitcoin and Solana dominated […]
Ripple Ripple USD (RLUSD) Stablecoins

As Ripple’s RLUSD Goes Live on Multiple Global Exchanges, XRP Surges 5%

On Dec. 17, Ripple announced that the trading of its new dollar-backed stablecoin, Ripple USD (RLUSD), had gone live on multiple exchanges around the world: The stablecoin launched on both the XRP Ledger and Ethereum blockchain, ensuring broad accessibility and interoperability. In a press release issued on Monday, Ripple stated that although the launch of […]
Ripple XRP

XRP Surges to 3rd Place, Up 370% Since Trump’s Win, as Ripple’s RLUSD Gets Ready for Dec. 17 Launch

XRP, the cryptocurrency associated with Ripple Labs, has firmly positioned itself as one of the top-performing assets of 2024, with CNBC describing it as the “biggest winner of the Trump trade.” Since Donald Trump’s victory in the 2024 U.S. presidential election, XRP’s price has surged 370 percent as investors anticipate a more favorable regulatory environment […]
Bitcoin ($BTC)

Bitcoin Sets a New All-Time High Above $106K Based on Optimism Over Fed Rate Cut and Trump’s Pro-Crypto Policies

As of 9:50 a.m. UTC on Monday, December 16, Bitcoin is trading at $104,800, up 2.6% over the past twenty-four hours. Earlier today, Bitcoin reached an all-time high of $106,533 at 12:35 a.m. UTC, reflecting strong bullish momentum as the market awaits an important announcement from the U.S. Federal Reserve on Wednesday. The crypto market’s […]
Bitcoin ($BTC)

MicroStrategy and Bitcoin: A Perpetual Machine or a House of Cards?

MicroStrategy (Nasdaq: MSTR), a business intelligence company founded in 1985, made a bold move in August 2020 by adopting Bitcoin as its primary treasury reserve asset. This decision marked a significant shift for the company, transforming it into a quasi-Bitcoin investment vehicle. However, the question remains: Can this Bitcoin-centric strategy be sustained indefinitely, or is […]
AI Apple

BBC News Does Not Seem Very Happy With Apple Intelligence

On Dec. 13, an article by Graham Fraser for BBC News, revealed the news organization had complained to Apple after reports surfaced on social media platforms about Apple’s AI feature, which the Californian tech firm calls Apple Intelligence, had mistakenly made it seem that BBC News had published an article saying that Luigi Mangione, the […]
Bitcoin ($BTC)

Michael Saylor’s Relentless Focus on Bitcoin Lands His Firm in the Nasdaq-100 Index

On December 13, the Nasdaq stock exchange, founded in 1971, which pioneered the concept of electronic trading and which hosts many of the world’s leading tech firms, announced that on December 23, MicroStrategy Inc., which is one of the companies listed on the exchange, would get added to the Nasdaq-100 Index, which is a stock […]
Blockchain Cryptocurrency

VanEck’s Crypto Crystal Ball: Investment Giant’s Top 10 Predictions for 2025

Leading asset management firm VanEck has unveiled its vision for cryptocurrency markets in 2025, offering notably optimistic projections across multiple sectors. Their market outlook suggests an intriguing year ahead for crypto prices. Breaking from traditional market cycle patterns, the firm sees major cryptocurrencies hitting an early peak in 2025’s first quarter before surging to new […]
Ethereum ($ETH)

Ethereum ($ETH) Price Could Break $5,000, Says Leading Crypto Analytics Firm

CryptoQuant, a prominent blockchain analytics platform known for its institutional-grade cryptocurrency market analysis, has suggested Ethereum (ETH) could surpass the $5,000 mark based on its proprietary price band analysis. The South Korea-based firm, which provides data-driven insights to institutional investors and traders, bases this prediction on what they call the “realized price upper band” – […]
Bitcoin ($BTC)

Bitcoin in State Treasury? Texas Representative Proposes Strategic Reserve

House Bill 1598, introduced by Texas Representative Giovanni Capriglione on Dec. 12, outlines a plan to establish a Bitcoin reserve within the state treasury. The bill, titled the Texas Strategic Bitcoin Reserve Act, details the state comptroller’s responsibilities for managing Bitcoin as a financial asset, including provisions for secure storage and a long-term holding strategy. […]
Blockchain

Electric Capital: ‘Solana Is the #1 Ecosystem for New Developers in 2024 and Grew 83% YoY’

The recently published 2024 Crypto Developer Report by Electric Capital draws insights from 902 million code commits across 1.7 million repositories, showcasing trends that illuminate the industry’s trajectory. According to Electric Capital, developers are the foundation of value creation in crypto. By building applications that deliver user value, developers create a flywheel effect—popular apps attract […]
Bitcoin ($BTC) Gold

Billionaire Ray Dalio Explains Why He Likes Owning Both Gold and Bitcoin

Ray Dalio is the Founder of Bridgewater Associates, where he serves as a CIO Mentor and remains an active member of the firm’s board. On Tuesday, while speaking during the Abu Dhabi Finance Week (ADFW) in the United Arab Emirates, Dalio warned of an approaching global debt crisis driven by unsustainable levels of borrowing in […]
Bitcoin ($BTC) Donald Trump

Eric Trump Sees Bitcoin Reaching $1M per BTC, Predicts It Will Deliver a Global Financial Revolution

Eric Trump, executive vice president of the Trump Organization and son of U.S. President-elect Donald Trump, delivered a rousing speech at the Bitcoin MENA 2024 conference in Abu Dhabi on Dec. 9. Trump confidently predicted that Bitcoin would surpass $1 million per coin, calling it the cornerstone of a financial revolution. Eric celebrated Bitcoin as […]

Does Google’s New Quantum Chip ‘Willow’ Threaten Bitcoin? The Crypto Community Responds

On Dec. 9, Google’s Quantum AI team unveiled Willow, a cutting-edge quantum computing chip that represents a significant milestone in quantum technology. Willow features 105 physical qubits and improved error correction, enabling it to handle computations that challenge even the most powerful supercomputers within known timescales in physics. Google emphasized that this development is a […]

’Bitcoin Is Highly Likely in a Supercycle,’ Says Prominent Macro-Economist Alex Krüger

Prominent macro-economist Alex Krüger shared his thoughts on the current bitcoin cycle via X on Dec. 8, advising against drawing parallels with past cycles. Krüger believes bitcoin is likely experiencing a “supercycle.” According to Krüger, the crypto industry has seen its most significant shift ever, moving from a barely legal status to becoming one of […]

‘Bubble Hunter’ Jesse Colombo Slams Saylor’s Proposal to Trade U.S. Gold Reserves for Bitcoin

Jesse Colombo, known as the “Bubble Hunter” for his expertise in identifying and warning about speculative bubbles, has built a reputation as a contrarian voice in financial markets. He gained prominence after predicting the 2008 financial crisis and has since focused on highlighting risks in various asset classes, including real estate, tech stocks, and cryptocurrencies. […]

Blockstream CEO Adam Back Explains Why MicroStrategy’s Stock (MSTR) May Be Undervalued

Adam Back, the CEO of blockchain technology firm Blockstream, recently took to the social media platform X (formerly known as Twitter) to share his thoughts on MicroStrategy (MSTR) and its valuation relative to its significant Bitcoin holdings. His comments, made on Dec. 7, focused on the stock’s apparent mispricing, the importance of maximizing Bitcoin per […]

Cboe’s Bitcoin Index Options Are a ‘Game-Changer’: Bitwise’s Jeff Park

On Dec. 2, Cboe Global Markets, Inc. made a quiet yet significant move in the world of Bitcoin-linked financial products by launching the first cash-settled index options tied to the price of spot Bitcoin. Listed exclusively on the Cboe Options Exchange, these options offer a new way for traders to gain exposure to spot Bitcoin […]

Bitcoin Reacts to U.S. Jobs Data: CME Group’s FedWatch Shows Traders Pricing 90% Odds of December Rate Cut

November’s Employment Situation report was released by the U.S. Bureau of Labor Statistics (BLS) at 8:30 a.m. ET on Friday. The BLS announced a rise in total nonfarm payroll employment by 227,000, a stronger-than-expected figure, while the unemployment rate remained relatively stable at 4.2 percent. Their report highlighted significant job gains in industries such as […]

5 Reasons Why XRP Is Struggling Despite Trump’s Pro-Crypto Pick for U.S. SEC Chair

5 December 2024, will go down as a historic day in cryptocurrency. At approximately 2:33 a.m. UTC, Bitcoin (BTC) surged past the $100,000 milestone for the first time in history. This massive breakout came less than 10 hours after Donald Trump announced Paul Atkins, a pro-crypto former SEC commissioner, as his nominee for the next […]

Fed Chair Powell: Bitcoin Is ‘Just Like Gold,’ Except That It Is Digital’

On December 4, Federal Reserve Chair Jerome Powell, speaking at The New York Times DealBook Summit, provided a comprehensive overview of the U.S. economy, inflation trends, and his views on cryptocurrencies, particularly Bitcoin. Economic Strength and Inflation: Powell described the U.S. economy as being in a “very good place,” highlighting robust growth and a resilient […]

Crypto Market Report for 4 December 2024: Institutional Flows and Market Movements

The cryptocurrency market’s evolution continues apace as institutional and retail money flows reshape trading dynamics. With a total market capitalization of $3.73 trillion, both traditional and crypto-native institutions are leaving their mark across multiple market segments. Institutional capital flows most visibly through the growing ETF ecosystem. Bitcoin ETFs have accumulated $104.52 billion in assets, commanding […]

Four Reasons Why Ethereum’s Risk-Reward Ratio Looks Attractive: Bernstein Analyst

In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum’s recent underperformance is presented as an opportunity rather than a setback. Chhugani’s comprehensive analysis explores Ethereum’s supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1. Ethereum’s Deflationary Supply and Staking Yields Chhugani […]

Coinbase’s Policy Chief: ‘We Have the Most Pro-Crypto Congress Ever’

In a recent interview with CNBC, Faryar Shirzad, Chief Policy Officer at Coinbase, explained why he was optimistic about the crypto regulatory outlook in the U.S. Shirzad said that he could see crypto legislation “fairly quickly” getting passed in the U.S. Congresses — both chambers of which are controlled by the Republicans — once Donald […]

XRP Price Goes Parabolic After Whales’ Buying Spree and a Fourth Firm Filing for a Spot XRP ETF

Shortly after the XRP price surged by over 27% this past weekend, crypto analyst Ali Martinex highlighted the latest XRP purchases by whales: XRP’s price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP’s potential to go even […]

Ethereum’s Surging Price Is Helping Spot Ethereum ETFs Finally Start to Gain Traction

Ethereum (ETH) is back in the spotlight as its price has seen a significant surge, climbing to $3,711 as of 11:30 p.m. on November 30. This month’s 47.40% increase in the value of ETH seems to have sparked renewed interest in US-listed spot Ethereum ETFs, which until November had largely been overshadowed by spot Bitcoin […]

XRP Crushes Top Rivals with a 9.4% Surge on Thanksgiving Day, Up Over 200% This Month

XRP delivered an outstanding performance on Thanksgiving Day, 28 November 2024, surging by 9.4% to reach $1.60. This rally made XRP the top-performing cryptocurrency among the top 10 by market cap, far outpacing rivals like Bitcoin and Ethereum. Thanksgiving, typically a quiet trading day due to the U.S. holiday, saw muted activity for most cryptocurrencies, […]

Coinbase Is Ending USDC Yield in Europe Due to EU’s Crypto Regulatory Framework Coming Into Full Effect

Coinbase users in Europe have expressed frustration over the region’s evolving crypto regulations after the exchange announced it would discontinue its yield program for the stablecoin USD Coin (USDC). The decision, communicated via email to affected users on November 28, is attributed to the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. The USDC rewards […]

Crypto Sentiment Peaks as Bitcoin Stabilizes Near $95K and DeFi Gains Momentum

Bitcoin remains steady at $95,700, just shy of its recent all-time high of $99,645.39 reached six days ago. Ethereum has gained 1.25% in the last 24 hours to trade at $3,566.36, while Solana has cooled to $235.92 after hitting its own peak of $263.21 five days ago. Despite these slight pullbacks, the cryptocurrency market has […]

Tether Explains Why It Decided to Discontinue Stablecoin EURT

Tether, the issuer behind the world’s largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process. The company stated that it continuously evaluates its […]

The Incoming Trump Administration ‘Has Lifted a Massive Regulatory Burden’ from the Crypto Space, Says Riot Platforms CEO

Recently, Jason Les, the CEO of bitcoin mining firm Riot Platforms, joined Yahoo Finance’s Catalysts to share his thoughts on Bitcoin’s recent price action and the implications of the incoming Trump administration for the cryptocurrency industry. Les began by addressing Bitcoin’s remarkable price movements since the election. While Bitcoin has experienced a brief pullback from […]

Sticky U.S. Inflation Complicates Fed’s Rate Cut Plans as Markets React Cautiously

On 27 November 2024, the U.S. Bureau of Economic Analysis (BEA) released its “Personal Income and Outlays” report for October, revealing steady income growth, modest consumer spending increases, and inflation that continues to exceed the Federal Reserve’s long-term target. These figures are key to understanding the Federal Reserve’s next steps on interest rate policy and […]

CNBC’s Jim Cramer Says Crypto Deserves a Place in Your Portfolio

Jim Cramer, the outspoken host of CNBC’s “Mad Money,” took time on November 26 to address the public’s reaction to his recent comments about cryptocurrencies. Opening with reflections on his recent series about market froth and excess, Cramer reminded viewers of the importance of securing gains in a volatile market. He urged investors to consider […]

Valour Launches First Dogecoin ($DOGE) ETP in the Nordics via Sweden’s Spotlight Stock Market

DeFi Technologies Inc., a crypto-focused financial technology firm, has announced the listing of the first Dogecoin (DOGE) exchange-traded product (ETP) in the Nordic region through its subsidiary, Valour Inc. The Valour Dogecoin (DOGE) ETP, now trading on the Spotlight Stock Market, is designed to simplify investment in the popular cryptocurrency for both retail and institutional […]

Ripple and Archax Launch First Tokenized Money Market Fund on XRP Ledger (XRPL)

Archax, a UK-regulated digital asset exchange, broker, and custodian, has collaborated with Ripple Labs to tokenize a money market fund managed by abrdn on the XRP Ledger (XRPL). According to Ripple’s press release, this marks the first time a money market fund has been tokenized on the XRPL, further positioning the blockchain as a platform […]

Medical Technology Firm Semler Scientific (SMLR) Increases Its Bitcoin Holdings, Stock Price Surges 16%

Nasdaq-listed healthcare technology company Semler Scientific (SMLR) announced on Monday that it has acquired an additional 297 bitcoins while expanding its share offering program. According to the press release, the company purchased the bitcoins between November 18-22 for $29.1 million, paying an average of $97,995 per bitcoin, including fees. This brings Semler’s total holdings to […]

Bernstein: MicroStrategy Could Own 4% of All Bitcoin by 2033, Stock Target Price Raised to $600

Investment firm Bernstein has significantly raised its price target for MicroStrategy (MSTR) to $600 by the end of 2025, according to a Monday research note. Per a report by James Hunt for The Block, Bernstein’s analysts, led by Gautam Chhugani, project that MicroStrategy’s Bitcoin holdings could expand from its current 1.7% to approximately 4% of […]

One of Hong Kong’s Largest Digital Banks Now Offers Direct Cryptocurrency Trading

Hong Kong’s digital banking sector has reached a significant milestone as ZA Bank, one of the city’s largest digital banks, introduces direct cryptocurrency trading for retail customers. According to a press release issued earlier today, the bank has integrated crypto trading directly into its banking app, initially supporting Bitcoin and Ethereum trading in both HKD […]

As BTC Surges Past $99K, x2B Co-Founder Predicts Bitcoin Reaching $1M in Not Too Distant Future

On Friday, Michael Bressler and Benoit Bosc, co-founders of x2B, appeared on CNBC’s “Closing Bell Overtime” to discuss Bitcoin’s historic rally and the launch of their new crypto advisory firm. Bressler attributed Bitcoin’s surge past $99,000 to a confluence of events, including regulatory shifts, the election outcome, and the growing adoption of Bitcoin ETFs. He […]

VanEck Sets $180K Target for Bitcoin, Says ‘Regulatory Headwinds Are Turning Into Tailwinds’

In a recent blog post, VanEck’s Digital Assets Investment Analyst Nathan Frankovitz and Head of Digital Assets Research Matthew Sigel report that Bitcoin’s price has surged in a high-volatility, post-election rally. The VanEck analysts state that Bitcoin is now in uncharted territory with no technical price resistance. The VanEck team points out that this pattern […]

Ripple CEO: Scott Bessent “Will Be the Most Pro-Innovation, Pro-Crypto Treasury Sec We’ve Ever Seen”

On Friday, President-elect Donald Trump announced hedge fund manager Scott Bessent as his nominee for Treasury Secretary, according to a report by The Wall Street Journal. Bessent, a seasoned investor and founder of Key Square Capital Management, is set to take on a pivotal role in shaping the administration’s economic policies. Bessent, formerly Chief Investment […]

Two Soaring MicroStrategy-Driven Leveraged ETFs Are Pushing Wall Street’s Risk Limits

MicroStrategy Inc.’s meteoric rise in recent weeks has placed its leveraged ETFs in the spotlight, sparking both investor enthusiasm and operational challenges for fund managers, according to a report published earlier today by Vildana Hajric for Bloomberg News. The T-Rex 2X Long MSTR Daily Target ETF (MSTU), launched by Matt Tuttle, has faced capacity limits […]

Bitcoin Miner MARA Holdings Secures $1 Billion Funding for Bitcoin Purchases and Debt Refinancing

On Thursday, Bitcoin mining giant MARA Holdings (NASDAQ: MARA) announced that it had successfully closed a $1 billion convertible senior notes offering on November 20, 2024. The offering includes an additional $150 million in notes issued when initial purchasers exercised their full 13-day option on November 19. The zero-interest convertible senior notes, maturing March 1, […]

As Bitcoin Nears $100K, Michael Saylor Explains How MicroStrategy (MSTR) Could Become the Most Profitable Company in U.S.

MicroStrategy’s stock experienced extreme volatility on Thursday, with a dramatic single-day trading range of nearly $139. The day began with an early surge to $535.74, but the momentum abruptly reversed just 13 minutes into the trading session when Citron Research disclosed its short position despite maintaining a bullish stance on Bitcoin. This announcement triggered an […]

XRP Up 27% Since Ripple CEO Says Trump ‘Is Going to Make Crypto Again in the U.S.’ and Gensler Announces Upcoming Resignation

On Wednesday, Ripple CEO Brad Garlinghouse gave an interview to Maria Bartiromo on Fox Business to discuss the impact of the Trump administration’s pro-crypto stance on the digital asset industry, Ripple’s strategy, and regulatory clarity. Garlinghouse explained Ripple’s focus on improving cross-border payments by leveraging blockchain technology and its native digital asset, XRP. He noted […]

Charles Schwab Plans Spot Crypto Trading Under Trump, Says Incoming Rick CEO Wurster

Charles Schwab Corporation plans to offer spot cryptocurrency trading once regulations become clearer under the Trump administration, incoming CEO Rick Wurster announced Thursday, according to a report by Paige Smith for Bloomberg. “We will get into spot crypto when the regulatory environment changes, and we do anticipate that it will change, and we’re getting ready […]

MicroStrategy (Nasdaq: MSTR) Stock Is Overvalued, Claims Citron Research

MicroStrategy’s stock showed remarkable volatility Thursday morning, falling to $467.53 by 11:36 AM EST, down over $6 from its previous close of $473.83. The intraday chart reveals a particularly turbulent morning session, with the stock opening near $520 before experiencing a sharp decline to around $440, followed by a partial recovery. This volatile trading occurs […]

Bitcoin’s Path to $130K Explained by Piper Sandler’s Chief Technician

Craig Johnson, Chief Market Technician at Piper Sandler, shared his market views in an interview on CNBC. His comments touched on Bitcoin’s momentum, sector performance trends, and key individual stocks, with all remarks reflecting his expert analysis. Johnson described Bitcoin’s recent breakout as a bullish technical signal after months of consolidation. According to him, the […]

Bitcoin Outperforms Every Other Asset, With a Compound Annual Growth Rate of 40%, Says Natalie Brunell

In a recent interview with Kitco News, Natalie Brunell, a Bitcoin educator and host of the Coin Stories podcast, shared her thoughts on U.S. Senator Cynthia Lummis’s groundbreaking proposal for a U.S. Bitcoin Strategic Reserve. According to Brunell, Senator Lummis has suggested converting part of the U.S.’s vast gold reserves into Bitcoin. Brunells says that […]

Galaxy Digital CEO Explains Why a Trump-Led Bitcoin Strategic Reserve Is Unlikely for the U.S.

On Wednesday, Mike Novogratz, CEO of Galaxy Digital, joined Yahoo Finance’s Julie Hyman and Madison Mills on “Catalysts” to discuss Bitcoin’s rally and the potential impact of President-elect Donald Trump’s Cabinet nominations on digital assets. As Bitcoin surged past $94,000, Novogratz shared his thoughts on regulatory shifts, Bitcoin’s future trajectory, and its role in the […]

Mad or Genius? TRON ($TRX) Founder Justin Sun Pays $6.2 Million for ‘The Banana’

The cryptocurrency industry’s flair for the dramatic has reached new heights as TRON founder Justin Sun has acquired Maurizio Cattelan’s controversial artwork “Comedian” – infamously known simply as ‘The Banana’ – for a staggering $6.2 million at a Sotheby’s auction in New York. Yes, it’s literally a banana taped to a wall. Sun, a central […]

QCP Capital: Nasdaq’s Spot Bitcoin ETF Options Launch Signals Institutional Boom

On 19 November 2024, Nasdaq began listing options on BlackRock’s spot Bitcoin ETF (ticker: IBIT). According to a report by Bloomberg, this launch follows over 10 months of collaboration between Nasdaq, BlackRock, and regulators, including the Commodity Futures Trading Commission (CFTC) and the Options Clearing Corporation. Alison Hennessy, Nasdaq’s Head of ETP Listings, confirmed the […]

Prominent Crypto Analyst Willy Woo Predicts Bitcoin Price Targets: $88K Consolidation, $102K Next

Prominent Bitcoin analyst Willy Woo recently shared his insights on social media platform X (formerly Twitter), forecasting Bitcoin’s upcoming price movements. According to Woo, Bitcoin is currently navigating a phase of unfettered price discovery, having broken into new all-time highs. His analysis hinges on Fibonacci levels and market liquidation data to predict potential resistance points […]

Most Read

How IMF’s $1.4B Deal With El Salvador, If Approved, Could Jeopardize Bitcoin’s Role as Legal Tender

  • 19 Dec 2024

The Fed Cuts Rates as Expected, but Hawkish 2025 Outlook Hits Crypto and U.S. Stocks Hard

  • 18 Dec 2024

XRP Surges to 3rd Place, Up 370% Since Trump’s Win, as Ripple’s RLUSD Gets Ready for Dec. 17 Launch

  • 16 Dec 2024

Michael Saylor’s Relentless Focus on Bitcoin Lands His Firm in the Nasdaq-100 Index

  • 14 Dec 2024

VanEck’s Crypto Crystal Ball: Investment Giant’s Top 10 Predictions for 2025

  • 13 Dec 2024