Key Points: Bernstein analysts predict Bitcoin’s surge to $70,000 by year-end. Spot BTC ETFs to drive price increase. US Bitcoin mining firms to expand despite halving event. Layer-2 protocols to enhance network efficiency. Favorable macroeconomic conditions to boost Bitcoin. Bernstein’s Bullish Outlook for Bitcoin: Analysts at Bernstein, a prominent Wall Street brokerage, have made a…
Summary Kraken, a US-based crypto exchange, has obtained VASP (Virtual Asset Service Provider) registration from the Dutch Central Bank (DCB). This allows Kraken to offer its services in the Netherlands, Europe’s fifth-largest economy. The Netherlands: A Key Market for Kraken’s European Growth Strategy The Netherlands has one of the highest rates of fintech and crypto…
Rekt Capital’s Insights Widely followed crypto analyst Rekt Capital predicts a breakout in altcoin markets. Altcoin market cap poised for a significant surge. Ethereum’s Role Ethereum’s (ETH) current rally may trigger a broader altcoin rally. ETH’s potential to reach a range high. Specific Altcoins Decentralized oracle provider Chainlink (LINK) dips while competitor Solana (SOL) rallies….
In a major turn of events, Do Kwon, the founder of Terraform Labs, has avoided extradition to the United States after the Montenegro government overturned its previous decision. Appellate Court Overturns Extradition Ruling The Montenegrin Court of Appeal accepted Kwon’s defense attorneys’ appeal, annulling the previous extradition decision made by the High Court in Podgorica….
Han Chang-joon Detained: Former Chief Financial Officer of Do Kwon’s Terraform Labs Korea, Han Chang-joon, has been detained following an arrest warrant issued by the Seoul Southern District Court. The court cited concerns over Han’s potential flight risk amidst the ongoing investigation into the Terra-Luna cryptocurrency scandal. Charges Against Han Chang-joon: Han faces charges that…
Kraken, a leading global crypto exchange, is accelerating its European expansion plans with a key regulatory approval in the Netherlands. Dutch VASP Registration: A Milestone for Kraken Kraken secured a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank, marking a significant milestone in its European expansion strategy. This registration demonstrates Kraken’s commitment…
Amidst the recent banking turmoil in the US, prominent financial figures have shared their insights on how investors can protect themselves. Robert Kiyosaki’s Warning and Bitcoin’s Role: Robert Kiyosaki, author of “Rich Dad, Poor Dad,” cautioned investors about a looming banking crisis. He likened the current financial system to US Navy Flight School, where student…
Bittensor (TAO) Altcoin Sherpa, a crypto analyst, believes Bittensor (TAO), an AI-focused blockchain platform, could rise 33% from its current value. TAO has already surged 880% since October 16th, trading at $450.89 at the time of writing. Solana (SOL) Altcoin Sherpa remains bullish on Solana (SOL), an Ethereum competitor, but warns of a potential retest…
Cryptocurrency analyst Ali Martinez predicts a bullish upswing for a top-10 altcoin, XRP, after a prolonged downtrend. Martinez believes XRP could experience a surge lasting one to four weeks based on the Tom Demark (TD) Sequential indicator, a tool used to identify trend direction and potential price reversals. XRP’s Potential Upswing XRP, currently ranked as…
Bullish Outlook for Ethereum Crypto analyst Michaël van de Poppe is optimistic about the future of Ethereum (ETH), the second-largest cryptocurrency by market capitalization. He believes that ETH is poised for a significant rally, potentially reaching $3,500, a level not seen since April 2022. Technical Analysis Van de Poppe’s analysis suggests that Ethereum has successfully…
