Emma

Bitcoin (BTC) Set To Hit New ATH Amid Crypto Upsurge Says Bitwise CIO Matt Hougan

Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, projects a bullish outlook for Bitcoin, envisioning new highs in the crypto landscape. Hougan underscores the evolving dynamics of the crypto market, spotlighting the pivotal role played by institutional investors and major financial entities. As Bitcoin maintains its upward trajectory, Hougan’s forecasts signal a transition from a…

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ETF Expert Nate Geraci Says JP Morgan is Likely to Introduce a Bitcoin ETF

Nate Geraci, host of ETF Prime podcast and co-founder of ETF Institute, suggested that JPMorgan might surprise the market by applying for a spot Bitcoin ETF with the U.S. SEC. This comes in contrast to JPMorgan CEO Jamie Dimon’s call for government intervention against crypto, claiming its primary use is for criminal activities. Geraci highlighted…

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What is dogecoin

Crypto Tokens Integrated with Dogecoin-Funded DOGE-1 Satellite Plunges Before Launching of SpaceX

Two tokens associated with Geometric Energy Corporation, a space logistics and energy company, are surging ahead of their mission to launch DOGE-1, a satellite themed around Dogecoin, into lunar orbit. The scheduled launch date is January 12, using a SpaceX rocket from the Kennedy Space Center in the U.S. The company’s token, GEC, has more…

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Judge Accepts Binance Founder CZ’s Guilty Plea, However, His Freedom to Go Home Remains Undecided

A federal judge, Richard Jones, accepted Binance founder Changpeng “CZ” Zhao’s guilty plea to a Bank Secrecy Act violation. However, the decision on whether Zhao can return to the United Arab Emirates before his February sentencing is pending. Despite stepping down as CEO, Zhao awaits sentencing scheduled for Feb. 23, 2024, with a release on…

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Republican Presidential Debate Raise Concerns Over Cryptocurrency

At the recent Republican presidential debate, discussions included Bitcoin, SBF, ether, and SEC Chair Gensler. Pro-crypto candidate Vivek Ramaswamy emphasized the need for U.S. regulation to prevent fraud and sanctions violations in the crypto industry. Ramaswamy proposed reducing the SEC workforce, easing regulations, and treating most cryptocurrencies as commodities outside the SEC’s jurisdiction. Solana founder…

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Binance New CEO Elusive in his First Interview After Securing One of the Top Role in Crypto Space

Binance’s new CEO, Richard Teng, faced a challenging debut in his first public interview, acknowledging past compliance shortcomings but evading inquiries on governance and crucial details. Despite persistent questioning by FT’s Scott Chipolina, Teng remained elusive, leaving unanswered queries about Binance’s headquarters, audit plans, current workforce, and UK licensing. Tensions rose as Teng, appearing remotely,…

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IBM Unveils Innovative Technology for Storing Cryptocurrency Assets.

IBM has launched the IBM Hyper Protect Offline Signing Orchestrator (OSO), a cryptographic signing technology designed for secure cold storage of digital assets. This technology mitigates risks associated with manual procedures by introducing additional security layers such as disconnected network operations, time-based security, and multi-stakeholder electronic transaction approval. Leveraging its expertise in key management and…

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Option traders are placing bets on Bitcoin’s price hitting $50,000, Crucial Levels to look out for.

During Bitcoin’s surge to $44,000, option traders have adopted a bullish stance, anticipating a $50,000 price target by January 2024. Their optimism is tied to the potential approval of a spot Bitcoin ETF, expected within the first ten days of 2024. Greeks.Live, an options trading platform, notes fluctuations in BTC’s December options share. After surpassing…

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More Money Channeled to Crypto Investment as Stablecoin Market Upsurge After Dipping for Over 18-Month

Cryptocurrencies are experiencing an influx of fresh capital as the stablecoin market expands after more than 18 months. Tether’s USDT, in particular, has reached an all-time high market cap of $89 billion. Glassnode data reveals that the combined market capitalization of the largest stablecoins grew by nearly $5 billion in the past month, totaling $124…

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