Cathie Wood’s Prediction Cathie Wood, CEO of Ark Invest, believes that only Bitcoin and Ethereum will get the green light for spot ETFs in the US. She thinks the Securities and Exchange Commission (SEC) will not approve funds that don’t include these two major cryptocurrencies. SEC’s Preference Wood’s prediction aligns with experts who have said…
Dave the Wave Predicts Bitcoin’s Future The crypto trader who accurately predicted the crypto market crash of 2021 believes Bitcoin (BTC) is poised to reach much higher prices. The analyst, known as Dave the Wave, shared a chart with his followers outlining a possible scenario for Bitcoin’s price over the next year or so. Bitcoin’s…
Altcoin Sherpa’s Analysis Altcoin Sherpa, a popular cryptocurrency analyst, believes that Pyth Network (PYTH) has significant upside potential despite recently reaching an all-time high. According to Sherpa, coins trading in price discovery territory often experience strong uptrends due to a lack of resistance. Pyth Network (PYTH) PYTH is currently trading near its ATH, presenting an…
Key Points: MicroStrategy’s founder, Michael Saylor, attributes the surge in Bitcoin demand to the approval of spot market Bitcoin exchange-traded funds (ETFs) in the US. Saylor believes that there is a significant amount of pent-up demand for Bitcoin, with investors waiting for the approval of ETFs to gain access to the asset. Spot market Bitcoin…
34 Trillion Reasons to Believe in Bitcoin Mike Novogratz, CEO of Galaxy Digital, has expressed his unwavering confidence in the future of Bitcoin (BTC), citing the growing US debt as a key reason for his optimism. Novogratz points out that the US government is currently paying billions of dollars per day just to pay the…
SEC’s Actions Resemble a ‘Police State’ Stuart Alderoty, Ripple’s Chief Legal Officer (CLO), has strongly criticized the US Securities and Exchange Commission (SEC) under the leadership of Gary Gensler. Alderoty’s criticism stems from the SEC’s actions in the DEBT Box case, where the SEC obtained a Temporary Restraining Order (TRO) against DEBT Box and then…
Angel Drainer’s Phishing Scheme Blockaid, a Web3 security firm, recently reported a major security breach involving the notorious phishing group Angel Drainer. The group targeted 128 crypto wallets and successfully drained them of their funds, amounting to over $403,000. The attack began on February 12th at 6:41 am when Angel Drainer deployed a Safe Vault…
The crypto community has been buzzing about Genesis’ plan to sell 36 million shares of Grayscale Bitcoin Trust (GBTC), worth around $1.5 billion. This announcement sparked concerns of a potential market downturn, similar to the one following the FTX bankruptcy estate’s sale of GBTC. However, a closer look reveals a less dire scenario. No FTX-Like…
Analyst’s Bullish Outlook A popular crypto strategist, The Flow Horse, believes the crypto markets are about to enter a bull market cycle similar to the one witnessed in mid-2020. He shared his insights with his 200,900 followers on X, a social media platform. The Flow Horse predicts a “craziness period” similar to the bullish price…
The criminal sentencing of Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has been postponed until April. Delayed Sentencing According to a CNBC report, Zhao’s sentencing, stemming from charges brought by the U.S. Department of Justice for failing to maintain adequate anti-money laundering protocols, will be delayed at least…
