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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 […]

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

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

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

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

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

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

Charges Revealed Against Binance by U.S. Department of Justice The U.S. Department of Justice (DOJ) has unveiled charges against cryptocurrency exchange giant Binance Holdings Limited, resulting in a significant $4.316 billion settlement. The settlement comes as a result of Binance's noncompliance with anti-money laundering (AML) laws. Despite Binance's previous claims in 2019 to block U.S.

Bitcoin's Price Fluctuations On Monday, November 20, 2023, bitcoin (BTC) is trading slightly above the $37K mark, signaling the start of the week. In the past 24 hours, BTC's price has ranged from $36,441 to $37,516 per unit. Currently, bitcoin trades have generated a global trading volume of $15.55 billion. Optimistic Outlooks Backed by Key

Ethereum's Impressive Performance On Monday, ethereum (ETH) showcased an impressive bullish pattern, reaching a peak value of $2,041 on November 20, 2023. As the second most prominent cryptocurrency with a market capitalization of $242 billion, ethereum continues to attract substantial trading activity, with a total volume of $15.33 billion over the past day. Market Dynamics