Senator Elizabeth Warren is sounding the alarm about a new bipartisan bill aiming to regulate stablecoins. She argues the bill doesn’t go far enough to protect the financial system from potential collapse. A Risky Bet? The “GENIUS Act,” already passed by the Senate Banking Committee, seeks to clarify stablecoin regulations. However, Senator Warren disagrees, stating…
Morgan Stanley’s top investment and equity strategists are warning that the recent stock market rally won’t last. They expect the market to remain volatile. A Temporary Bounce? According to Mike Wilson, the rally will likely fade as we move into May and June, giving way to a more sustained low later in the year. He…
Arthur Hayes, the BitMEX co-founder, is predicting big price increases for Bitcoin (BTC) and Ethereum (ETH). He thinks they’re both headed for new all-time highs. Bitcoin’s Next Big Move? Hayes believes Bitcoin could easily surpass its previous record high of $108,000. He bases this on Federal Reserve Chair Jerome Powell’s recent announcement to slow down…
Bitcoin is showing some seriously bullish signs, but there are also potential downsides to consider. Let’s break it down. A SuperTrend Buy Signal…For Over a Year! Analyst Tony Severino points out that Bitcoin has been in a “buy” signal according to the SuperTrend weekly indicator for an incredible 114 weeks (around 800 days!). This is…
A major investment firm, Bitwise Asset Management, believes now is the best time ever to buy Bitcoin. Their recent investor memo, “The Great Derisking of Bitcoin,” makes a strong case for this bold claim. Bitcoin’s Journey: From Risky Gamble to Credible Asset Chief Investment Officer Matt Hougan’s memo details Bitcoin’s evolution. He recalls when Bitcoin…
Bitcoin’s price recently surged to $88,500, sparking excitement and speculation about a potential rise to $95,000. However, analysts are urging caution. Greed in the Market Data shows investor sentiment is shifting towards greed. Social media is buzzing with predictions of Bitcoin reaching $100,000 or even $159,000. While this optimism is fueling the rally, history suggests…
Bitcoin has been on a bit of a rollercoaster lately, but things are looking up! After a few weeks of struggling, it’s finally showing some serious strength. Bitcoin’s Recent Rally Over the past week, Bitcoin’s price climbed almost 5%, breaking through some important support levels. It even briefly touched $88,765, its highest point in two…
Cardano is laying out an ambitious roadmap to 2030, aiming to become a top-tier blockchain platform. This plan, revealed by Input Output Global (IOG), involves a massive research effort tackling 34 different projects across nine key areas. The goal? To build a blockchain that’s super-fast, secure, and ready for the future. Ouroboros Mega: The Next-Gen…
GameStop, the video game retailer, is making a big move. Despite struggling with its physical stores, CEO Ryan Cohen has a plan: investing its $4.8 billion in Bitcoin. This follows a trend of companies building Bitcoin reserves, and it could significantly impact the crypto market. GameStop’s New Strategy GameStop’s recent success, with $131.3 million in…
Immutable, a Web3 gaming company, has some good news! The SEC (Securities and Exchange Commission) has officially dropped its investigation into the company. This is a big deal, especially considering the SEC previously sent Immutable a Wells notice, basically a warning that they were considering legal action. SEC Investigation Closed The SEC’s inquiry is now…
