Author name: Peter

Bitcoin Technical Analysis: Evaluating the Market Forces Impacting BTC

Introduction Bitcoin, the leading cryptocurrency, is currently trading between $42,750 and $42,964, with an intraday range of $41,820 to $43,192. Despite price fluctuations, Bitcoin's market capitalization remains strong at $841 billion, accompanied by a 24-hour trade volume of $25.32 billion. Oscillators indicate a neutral stance, while moving averages suggest a cautiously optimistic sentiment in a […]

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ETF Fever Continues, Gensler Warns Against Crypto’s ‘Wild West’ of Permissionless Exchange, Latam Update — Week in Review

U.S. SEC Chair Gary Gensler Reiterates Warning on Crypto "Non-Compliance" Amidst Surge in BTC Exchange-Traded Funds U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued renewed warnings about the prevalence of non-compliance within the cryptocurrency space. Gensler emphasized the need for greater regulation, stating that the lack of compliance "undermines confidence" in the

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The Future of Tether and Centralized Stablecoins: Arthur Hayes’ Perspective

The Dominance of Tether and the Rise of Big Banks Arthur Hayes, the former CEO of Bitmex and current CIO of Malestrom, a crypto-focused investment fund, recently shared his thoughts on the future of Tether and other centralized stablecoin companies. According to Hayes, he expects big banks, such as JPMorgan, to eventually take over the

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The Avalanche Foundation to Invest in Meme Coins: Expanding the Horizon of Possibilities

A New Venture for the Avalanche Foundation The Avalanche Foundation, known for its support of avalanche initiatives, has recently made an exciting announcement. It will now be venturing into the world of meme coins. This strategic move comes as part of the foundation's plan to explore a broader range of investment opportunities. The decision to

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SEC May Approve Spot Bitcoin ETFs This Week, Intensifying Anticipation

The U.S. Securities and Exchange Commission (SEC) is expected to make a decision on the approval of spot bitcoin exchange-traded funds (ETFs) this week, potentially on Tuesday or Wednesday, according to a recent report. This news has created a wave of anticipation among market participants as major asset management firms rush to secure regulatory approval

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Donald Trump Warns of Stock Market Crash and Great Depression if He Doesn’t Win Presidential Election

Trump's Market Crash and Depression Warnings Former U.S. President Donald Trump has raised concerns about the state of the U.S. economy if he fails to secure the presidential election this year. Taking to his social media platform Truth Social, Trump expressed his belief that the economy is in a terrible state and that inflation has

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The Long-Term Impact of Spot Bitcoin ETFs: A Comparison to Gold

The Underestimated Potential Gabor Gurbacs, Vaneck's director of digital assets strategy, believes that people often underestimate the long-term impact of spot bitcoin exchange-traded funds (ETFs). He explains that upon the approval of a U.S. spot bitcoin ETF by the Securities and Exchange Commission (SEC), bitcoin's price trajectory could follow a similar pattern to gold's growth

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Bitcoin Is an ‘Intriguing Option for National and Corporate Financial Portfolios’ Says Billionaire Stelian Balta

Bitcoin's Role in Diversifying Investment Portfolios Stelian Balta, the billionaire and co-founder of the digital asset management firm Hyperchain Capital, believes that despite its volatility, bitcoin can play a crucial role in diversifying and aligning investment portfolios with digital trends. Balta asserts that the high-return possibilities of the top crypto asset make it an intriguing

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