Prita Ghozie

Grayscale’s Avalanche ETF Heads to the SEC

Grayscale, a big name in digital assets, is trying to bring an Avalanche (AVAX) exchange-traded fund (ETF) to the US. Nasdaq just filed paperwork with the SEC to list and trade shares of the Grayscale Avalanche Trust. This ETF would track the price of AVAX, Avalanche’s cryptocurrency. Competition in the AVAX ETF Market Grayscale isn’t…

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Gen Z: The Next Trillionaires?

Bank of America predicts that Generation Z (born roughly 1997-2012) is poised to become the wealthiest generation in history by 2035. Their projected wealth increase is nothing short of staggering. A $74 Trillion Future? According to Bank of America Global Research, Gen Z’s wealth is expected to explode by a massive 720% between 2023 and…

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Trump Pardons BitMEX Founders

Former President Donald Trump has reportedly pardoned the three co-founders of the cryptocurrency exchange BitMEX. This includes well-known crypto investor Arthur Hayes. BitMEX Founders Cleared The CNBC report states that Trump pardoned Hayes, Benjamin Delo, and Samuel Reed. This comes nearly three years after they pleaded guilty to violating the Bank Secrecy Act. Their crime?…

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Bitcoin’s Next Move: Will it Hit $83,000?

Bitcoin’s been on a wild ride lately, hitting record highs and then crashing back down. Now, it’s approaching a crucial point: the CME gap close, which analysts predict could send it towards $83,000. But what happens next? The CME Gap Close Explained The CME (Chicago Mercantile Exchange) gap close is a thing in the Bitcoin…

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Ethereum’s Price Dip: Is a Rebound Coming?

Ethereum’s price has been a rollercoaster lately. After briefly hitting $2,000, it dipped again following recent US inflation news. This shows Ethereum’s struggles, underperforming even during a broader market upswing. But a key indicator suggests a potential turnaround. A Key Indicator Points to a Possible Bottom A market expert, Tony Severino, noticed something interesting: Ethereum’s…

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Trump Pardons BitMEX Founders: A Crypto Controversy Ends

Trump’s recent actions have sparked debate within the crypto community. He pardoned the three co-founders of the cryptocurrency exchange BitMEX, along with another executive, wiping away their convictions and penalties. The BitMEX Case: A Quick Recap In 2020, the Department of Justice (DOJ) accused BitMEX of breaking the Bank Secrecy Act. They argued that BitMEX…

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Ethereum’s Price Stumbles: What’s Next?

Ethereum’s recent attempt to climb back up to $2,160 failed, leaving many bullish investors disappointed. The price hit a wall of resistance and couldn’t break through. Bearish Signals Dominate This failed breakout is a strong sign that the bears are still in charge. Several key indicators point to a bearish trend: Weak Volume: The recovery…

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