On April 22nd, Ripple Labs responded to the Securities and Exchange Commission’s (SEC) request for almost $2 billion in fines. This action is the most recent event in the ongoing legal dispute between the two entities, which began in December 2020. The Securities and Exchange Commission (SEC) alleges that Ripple raised $1.3 billion by selling … Read more
Based on information from Reuters, Venezuela’s national oil company, PDVSA, is moving more toward using the digital currency Tether (USDT) for its crude and fuel exports as the U.S. reinstates sanctions on Venezuelan oil. Three sources familiar with the situation told Reuters that PDVSA is hastening its transition to Tether in order to minimize the … Read more
Last week, a sum of $206 million was withdrawn from investment funds specializing in cryptocurrencies, making it the second consecutive week with outflows. In contrast, alternative coins such as $LINK, $DOT, $XRP, and $ADA experienced notable inflows. Based on CoinShares’ recent Digital Asset Fund Flows report, there were weekly inflows of $8.55 million into cryptocurrency … Read more
A well-respected cryptocurrency expert, recognized for his accurate calls on the market lows during the 2018 cryptocurrency crash, has now expressed confidence that Bitcoin will reach a new record high within the coming 1-2 weeks. On microblogging site X, where Bluntz Capital has over 250,000 followers, he recently posted his prediction: Bitcoin’s price could peak … Read more
The long-awaited Bitcoin halving occurred late Friday, reducing the rewards for miners by half. Every fourth year, this technical occurrence happens for Bitcoin, the leading cryptocurrency, and could trigger a significant price increase. HISTORY: THE 4TH #BITCOIN HALVING HAS OFFICIALLY HAPPENED — Rizzo (@pete_rizzo_) April 20, 2024 Based on CNBC’s reporting, historical data shows that … Read more
On April 22, 2024, Kathleen Breitman, a co-founder of Tezos Blockchain, joined CNBC’s “Squawk Box” hosted by Joe Kernen to share her insights about the Bitcoin market after its recent halving on April 20. HISTORY: THE 4TH #BITCOIN HALVING HAS OFFICIALLY HAPPENED — Rizzo (@pete_rizzo_) April 20, 2024 Here are the main highlights of this … Read more
On the 20th of April, 2024, Jimmy Song, an influential member of the Bitcoin community, expressed his views regarding the latest Bitcoin halving and the surge in transaction fees that followed. Jimmy mentioned that the scheduled Bitcoin halving took place on this date, but an unexpected development, a new protocol implementation, led to unusually elevated … Read more
On Social Media Platform X, the well-known crypto expert “ecoinometrics” recently posted an analysis with a captivating prediction for Bitcoin‘s price post-Halving Event No. 4, which took place on April 20, 2024. HISTORY: THE 4TH #BITCOIN HALVING HAS OFFICIALLY HAPPENED — Rizzo (@pete_rizzo_) April 20, 2024 To fully grasp this forecast, you’ll need a good … Read more
On Social Media Platform X, well-known financial expert Lyn Alden discussed the complexities of buying gold in a recent post. She explained the balancing act involved in considering factors like cost, authentication, and quantity. In the realm of finance, Alden is renowned for her proficiency in devising investment strategies and dissecting economic data. She is … Read more
On social media platform X, Hunter Horsley, Bitwise Asset Management’s CEO, recently expressed his views on the future role of wealth management firms in US-listed Bitcoin Spot ETFs. According to Horsley, by the end of 2024, there will be a major transformation in the investment world, possibly taking many by surprise due to the widespread … Read more