Year: 2024

in brief CoinShares, a European investment company, has finalized its acquisition of Valkyrie Funds LLC. This acquisition solidifies CoinShares’ position within the digital asset investment landscape. CoinShares, a European investment firm focused on digital assets, has completed its acquisition of Valkyrie Funds LLC, marking a significant expansion of its operations in the United States. With…

In what could be a pivotal moment, the Crypto Open Patent Alliance (COPA) appears to be making significant strides in its high-profile legal battle against Australian computer scientist Craig Wright, who asserts himself as the original creator of Bitcoin. The proceedings of the landmark trial, which have been ongoing in the UK, have entered their…

According to a Tuesday report from the Financial Times, Nigerian authorities have purportedly asked Binance, the leading cryptocurrency exchange, to furnish details about its top 100 users in Nigeria and its complete transaction records from the preceding six months. Nigeria is contemplating imposing a $10 billion penalty on Binance in retaliation, citing their perceived detrimental…

Bitcoin enthusiasts, known for their bullish sentiment, demonstrate little patience for extended pullbacks in the market. A brief dip in the price of BTC to $69,000 is quickly brushed aside as the cryptocurrency surges to new record highs. Just as the market seemed to falter momentarily, Bitcoin swiftly rebounds, with prices soaring to $73,283, once…

Outline In the dynamic world of cryptocurrency, where predictions and warnings often collide, the stage is set for a fascinating dichotomy between optimism and caution. While Bernstein boldly proclaims a lofty Bitcoin price target of $150,000, a chorus of other analysts are raising red flags, underscoring the possibility of an imminent correction. Despite Bitcoin’s recent…

Outline CoinLedger, a renowned cryptocurrency analysis firm, has released an intriguing forecast that has sent shockwaves through the digital asset market. Their latest prediction suggests a jaw-dropping possibility: Bitcoin’s price could skyrocket to an unprecedented $360,000 within a mere year following its highly anticipated halving event slated for 2024. This groundbreaking revelation stems from an…

Outline The success of BlackRock’s ETF on Bitcoin spot The iShares Bitcoin Trust (IBIT) stands as a pivotal milestone in the financial landscape, representing BlackRock’s bold foray into the burgeoning world of spot Bitcoin exchange-traded funds (ETFs). As a subsidiary of BlackRock, iShares has long been a stalwart in the realm of ETF issuance and…

Nigeria is demanding nothing short of full disclosure from Binance, insisting on obtaining intricate details concerning its top 100 users within the country and delving into every transaction made over the past half-year, according to a report by the Financial Times released on Tuesday. This demand echoes amidst the ongoing, protracted detention of Binance’s compliance…

Bernstein analysts stand firm on their prediction of Bitcoin (BTC) reaching $150,000, following the accuracy of their previous forecast of $70,000 last month. In their latest market research report, the brokerage firm highlighted the positive performance of U.S. Bitcoin spot ETFs, launched in January, as a contributing factor to their bullish outlook. They anticipate the…

On March 12, Sweden’s Central Bank Governor, Erik Thedeen, cautioned against significant integration of Bitcoin into the country’s financial infrastructure, highlighting its speculative characteristics and the risk of potential investor losses. Thedeen, who heads the Riksbank, Sweden’s central bank responsible for monetary policy and the issuance of the Swedish krona currency, underscored that Bitcoin is…