Cathie Wood, the head of ARK Invest, is super bullish on Bitcoin. She thinks it could hit $1 million by 2030! Why $1 Million Bitcoin? Wood’s prediction isn’t just a wild guess. She believes a few key things will drive Bitcoin’s price sky-high: Regulatory Changes: She’s betting that changes under the Trump administration, particularly at…
ASIC, Australia’s financial watchdog, is cracking down on Binance Australia, and it’s a huge deal for the future of crypto regulation. This case could change how digital currencies are handled not just in Australia, but worldwide. ASIC’s Tough Stance ASIC is getting serious about regulating crypto. Their case against Binance Australia is part of a…
Cryptocurrency heists hit a new high in 2024, with over $2.2 billion stolen – a 21% increase from 2023. This makes 2024 the third-worst year for crypto theft, following 2021 and 2022. A Year of Hacks The number of hacks also climbed, reaching a record 303 incidents – a 7% increase compared to the previous…
The SEC just gave the thumbs-up to the first-ever ETFs that invest in both Bitcoin and Ethereum! This is a pretty big deal for the crypto world. Franklin Templeton and Hashdex are behind these new funds, and they’re set to launch in January 2025. A Hybrid Approach For the first time, US regulators have approved…
Decentralized exchanges (DEXs) are taking over a bigger chunk of the crypto market, showing that the future of finance is going decentralized. With Bitcoin hitting almost $91,000 after Trump’s re-election, DEX trading volume hit record highs in 2024, exceeding $250 billion in March and June – the first time since 2021. Traders are loving the…
A massive wealth transfer is underway, with over $100 trillion expected to change hands over the next two decades. This generational shift of wealth will primarily benefit older generations and their heirs. Trillions in Transfers According to a new report by Cerulli Associates, a staggering $105 trillion will be inherited by the year 2048. Charities…
A popular crypto analyst is predicting a potential upswing for several altcoins. Ali Martinez, who boasts over 100,000 followers on X (formerly Twitter), says a technical indicator is flashing buy signals. The Indicator and the Coins The indicator in question is the Tom DeMark (TD) Sequential Indicator. This tool analyzes closing prices over a period…
Binance’s listing of the Usual Protocol (USUAL) token has sparked a significant price increase, defying the overall downturn in the cryptocurrency market. Binance Listing Fuels USUAL’s Rise The world’s leading cryptocurrency exchange, Binance, recently added support for USUAL across several platforms, including Binance Simple Earn, Buy Crypto, Binance Convert, Binance Margin, Binance Auto-Invest, and Binance…
Bitcoin recently took a bit of a tumble, dropping below $100,000. But is this just a temporary dip, or something more significant? Some analysts think it’s mirroring Bitcoin’s performance from December 2023, hinting at a potential major price surge. Echoes of December 2023 The recent market correction, triggered by a Fed announcement, saw Bitcoin fall…
Senator Cynthia Lummis has a radical idea: let the Federal Reserve buy Bitcoin. She believes this could significantly improve the US’s financial health. A Bitcoin Reserve for the US Lummis’s proposal is to have the US government buy 200,000 Bitcoins per year for five years, totaling 1 million BTC. This “Strategic Bitcoin Reserve” (SBR) would…
