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Bitcoin Technical Analysis: BTC Bulls Break Resistance, Holding Above $38K

Bitcoin's Recent Value Increase While U.S. equities and precious metals remain flat, bitcoin has seen an uptick in value over the past day. Currently valued at $38,376, with an intraday range stretching from $37,547 to $38,804, bitcoin's market capitalization stands at $750 billion. Over the past 24 hours, bitcoin has gained 1.5% against the U.S. […]

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Ripple’s CLO Challenges SEC’s Authority, Urges Investors to Stay Strong

Ripple's Chief Legal Officer Highlights SEC's Fallibility Ripple's chief legal officer, Stuart Alderoty, recently criticized the U.S. Securities and Exchange Commission (SEC), stating that the regulatory body is far from infallible. He expressed his belief that the SEC is burdened by issues and urged investors not to be intimidated when dealing with the agency. In

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Why The New ESG Narrative About Bitcoin Will Power The Next Bull Run

Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures, and then high winds at the point of ignition. Yes – wildfires have been exacerbated by record methane emissions that Bitcoin helps mitigate, but that’s not what this article’s about:

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The Price of Bitcoin Hovers Above $38K as Bulls Take Control

Bitcoin's Market Position The price of bitcoin is currently hovering just above the $38K range following a bullish trading day on Tuesday. This surge in price comes after U.S. Federal Reserve Governor Chris Waller delivered a dovish speech, which further fueled the positive sentiment in the market. Bitcoin's 24-hour trading range has been between $37,156

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Robert Kiyosaki Recommends Buying Bitcoin ETFs Amid Economic Concerns

Introduction Renowned author Robert Kiyosaki, best known for his book Rich Dad Poor Dad, has recently recommended investing in bitcoin exchange-traded funds (ETFs). With concerns over the global economy slowing down and the possibility of a depression, Kiyosaki advises investors to take proactive measures and avoid being caught off guard. Robert Kiyosaki and Spot Bitcoin

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Economist Peter Schiff: US Dollar Near ‘Historic Crash’ — ‘Forget Soft Landing, It’s Crash and Burn’

Peter Schiff's Latest Economic Warnings Economist Peter Schiff has issued a stark warning, stating that the U.S. dollar is on the brink of a "historic crash." In his assessment, Schiff dismisses the possibility of a soft landing for the U.S. economy and predicts a scenario of crash and burn. He points to the potential for

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Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China

Standard Chartered Bank (China) Participates in China's CBDC Pilot Standard Chartered Bank (China) has become one of the first foreign banks to participate in China's central bank digital currency (CBDC) pilot. The bank, with 165 years of experience in the Chinese market, is optimistic about the development prospects of the digital yuan. Standard Chartered Bank

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JPMorgan: Approval of Bitcoin ETFs Could Impact Bitcoin Prices

JPMorgan Warns of Downward Pressure on Bitcoin Prices Global investment bank JPMorgan has issued a warning stating that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) could have a significant impact on bitcoin prices. According to analysts at the bank, the conversion of Grayscale Investments' bitcoin trust

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Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea

The Extradition saga of ex-Terraform Labs CEO, Do Hyeong Kwon (Do Kwon), takes an interesting turn as he awaits his fate in Montenegro. Following a four-month incarceration for fabricating travel papers, the Podgorica High Court has ruled in favor of his extradition. However, the final decision on his destination lies with the Justice Minister of

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Pantera CEO Anticipates Spot Bitcoin ETF to Disrupt Market Cycle

Pantera Capital's CEO, Dan Moorehead, believes that the approval of a spot bitcoin ETF (exchange-traded fund) will mark a significant turning point for digital assets. In his recent investor letter, Moorehead highlights the transformative potential of bitcoin ETFs in terms of recognition and accessibility for investors. This article explores Moorehead's perspective on how spot bitcoin

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