Cathie Wood: Crypto Market Cap Must Reach $2T for Bitcoin ETF to Be Approved
Catherine Wood also praised the newly nominated head of SEC Gary Gensler is “very pro Bitcoin”.The CEO of Ark Investment Management Cathie Wood has said that financial regulators in the United States will not assent to a Bitcoin exchange-traded fund unless the overall market...
26th January: BTC/USD Declines to Test 31,000 Support Level, ETH/USD Holding above 1,300
Konstantin Anissimov, Executive Director at CEX.IO, shares his insights about the Bitcoin (BTC) and Ethereum (ETH) daily price movements.BTC/USDBTC/USD opened the week of 25th January, Tuesday, at 32,307 as per the exchange rate on CEX.IO. The pair rose to 32,800 in the first two...
Bernie Sanders Inauguration Memes Immortalized on WAX Blockchain
The WAX blockchain is expected to significantly benefit from the Sanders meme immortalization.The popular United States politician and activist Bernie Sanders will have his famous inauguration meme immortalized on the WAX blockchain. Notably, Topps Digital released their latest line of NFT collectibles today that...
Signal Reportedly Developing Stellar-Based Crypto Payment
Signal is developing payment features to enable the use of MobileCoin, a ” privacy-focused cryptocurrency” built on the Stellar network.Private messaging app Signal is said to be in the process of developing features related to usernames and crypto payments.The San Francisco based encrypted messaging...
Binance CEO: We’re in the early stages of a multi-year crypto bull cycle
Binance CEO Changpeng Zhao (CZ) predicts this current crypto bull cycle may run up until 2024. Speaking to Ran Neuner, the co-founder of On-Chain Capital, Zhao shared his predictions for the future, including a call that several bull years lay ahead.CZ said:“We’re just seeing...
Former Goldman Sachs exec Raoul Pal: Bitcoin price could hit $50,000 by March
Bitcoin has finally begun to cool down after an extremely strong rally in December and early January.After peaking at $42,000 earlier this month, the cryptocurrency has settled toward $31,000, which is over 25 percent off those highs.Analysts remain confident that this malaise won’t stop...
Why DeFi Trading Is Expanding Despite Harsh Economy
Companies like Nimbus have set the pace for an excellent year for DeFi. The Nimbus DeFi ecosystem delivers strategic solutions targeted at solving the shortcomings plaguing the DeFi space.
DeFi (which is short for Decentralized Finance) was one of the top trends in the blockchain...
Bank of England governor is bearish on Bitcoin, but sees growth of CBDCs
The crypto skeptic made the comments in an online discussion during this year’s Davos agenda.Bitcoin not the solution?Bank of England governor Andrew Bailey does not see Bitcoin and other cryptocurrencies existing in their current forms for a long period, especially as the broader technology...
Bank of Singapore Bullish on Crypto, Says It Can Replace Gold as Store of Value
The Bank of Singapore said that crypto has all the technological prowess to be used as digital money. However, it has to address issues of extreme volatility and bring more legitimacy with institutional participation.In an interesting development, a private banking firm – Bank of...
Despite Growth on Other Blockchains, DeFi Is Still Ethereum’s Forte
Ethereum has a major DeFi lead in several key metrics, including the overall number of DeFi apps, number of DeFi users, number of DeFi developers, and total value transacted through DeFi apps.As the race for decentralized finance (DeFi) supremacy heats up, Ethereum is still...
