Billionaire Howard Lutnik, a known crypto enthusiast, is the new US Secretary of Commerce. This appointment, despite some opposition, could be huge for the crypto market. Lutnik: A Crypto Advocate in Power Lutnik’s firm, Cantor Fitzgerald, made significant investments in Tether when other banks steered clear. This drew criticism from Senator Warren, who raised concerns…
The Department of Government Efficiency (DOGE), a group spearheaded by Elon Musk, is investigating the Securities and Exchange Commission (SEC). This investigation aims to root out government waste. Some believe this could significantly impact the SEC’s lawsuit against Ripple. The DOGE-SEC Investigation The official DOGE-SEC account on X (formerly Twitter) announced the investigation, calling on…
The world of Bitcoin Exchange-Traded Funds (ETFs) is booming! Institutional investors are piling in, making it look like a Black Friday sale. The Institutional Rush In just 11 months, the number of institutions holding Bitcoin ETFs has exploded by a staggering 54.5 times! This isn’t just a trend; it’s a massive shift. January 2024 alone…
Cardano, the blockchain network, just made history! They’ve officially ratified their first constitution with a whopping 85% approval rating – way above the required 75%. This marks a huge step forward for Cardano’s governance. A Historic Vote The results were announced live by Cardano founder, Charles Hoskinson. He revealed that the vote overwhelmingly favored the…
Ethereum’s price has been stuck between $2,650 and $2,750 for a while now, leaving everyone a bit unsure about what’s next. A Tight Range and Uncertain Future The price is bouncing around, with buyers and sellers battling it out. Breaking above $2,800 is key; it’s a significant resistance level that could signal a major move….
A well-known crypto analyst, Pentoshi, is predicting a price bounce for Bitcoin (BTC) and other altcoins. He’s got a large following on X (formerly Twitter) and has a track record of accurate predictions, including correctly calling the 2021 market peak. Bullish Outlook for Altcoins Pentoshi is particularly bullish on the “OTHERS” chart, which tracks the…
A new stablecoin is aiming to challenge USDT, and it has some serious backing. Reeve Collins, the co-founder of the massive stablecoin company Tether, is now leading the charge with a new project. USP: A Yield-Bearing Challenger Collins is chairman and co-founder of Pi Protocol, the brains behind USP, a stablecoin set to launch later…
Charles Schwab, the financial giant managing over $10 trillion in client assets, is diving deeper into the crypto world. They’ve created a brand new executive position: Head of Digital Assets. Meet the Crypto Chief Joe Vietri, formerly in charge of Schwab’s branch network, will be the first to fill this crucial role. He’ll be steering…
A VanEck analyst is stirring things up with a bold claim: Twitter founder Jack Dorsey is secretly Satoshi Nakamoto, the pseudonymous creator of Bitcoin. The Dorsey-Satoshi Connection This isn’t an official VanEck position, but the head of their digital asset research believes the evidence linking Dorsey to Satoshi is “compelling.” He points to several intriguing…
Standard Chartered’s Geoffrey Kendrick, a big name in digital asset research, is sticking to his bold prediction: Bitcoin will hit $500,000 by 2028. He’s not just guessing; he points to some serious evidence. Institutional Investors are Jumping In Kendrick sees a huge shift happening: government-backed investment groups are getting seriously interested in Bitcoin. A prime…
