The impending possibility of a second Trump presidency has sent shockwaves throughout the crypto industry. With a recent uptick in his favorability amongst voters, standing at 52%, industry experts speculate about the potential outcomes of such an event. While many US-based crypto firms are optimistic about what a Trump presidency could bring, foreign exchanges like
As the cryptocurrency market continues to see significant growth, Bitcoin has stood out as one of the top performers in the past seven days. Despite facing some volatility, Bitcoin managed to surge by 11% during this period, reaching impressive price levels. However, it struggled to break the $68K barrier and is currently undergoing a minor
Bitcoin has the potential to reach a “mid-term” price level above $1 million, according to crypto investment firm Mechanism Capital. Despite facing poor market structure dynamics earlier this month, Bitcoin is currently showing strength beyond expectations. Andrew Kang, the company’s co-founder, highlighted the leading catalyst for this potential explosion in value – Bitcoin’s adoption as
Semilore Faleti is a rising star in the world of cryptocurrency journalism, with a specialized focus on blockchain technology and digital assets. His journey in this field began with a curiosity about the complexities of cryptocurrencies, which eventually led him to become a dedicated advocate for the adoption of digital assets. Crypto Writing and Expertise
Semilore Faleti is a cryptocurrency writer who has carved out a niche for himself in the field of journalism and content creation. His journey began with writing on various topics, but it was not long before he discovered his talent for decoding the complexities of blockchains and cryptocurrency. Semilore is particularly fascinated by the efficiency
Recent events in Hong Kong have shed light on the increasing trend of deception in crypto transactions. Three individuals were arrested by the Hong Kong police for defrauding a businessman out of HK$3.11 million in crypto assets by offering him counterfeit banknotes. This incident highlights the risks associated with crypto transactions and the need for
The price of Bitcoin has shown significant momentum over the past week, fluctuating between $61,000 and $67,000. Despite uncertainties surrounding Mt. Gox’s customer repayment, Bitcoin has continued to perform well. In fact, trading data from QCP Capital suggests that Bitcoin may be gearing up for a major price rally in the near future. Analysts believe
State Street Corp., a well-known player in traditional finance based in Boston, is delving into the world of blockchain technology by exploring the possibility of launching its own stablecoin and tokenized deposits. This move is aimed at improving payment settlements and enhancing overall efficiency within the financial industry. In addition to their stablecoin efforts, State
A recent analysis by crypto expert Scott Melker, also known as “The Wolf Of All Streets”, has sent shockwaves across the crypto community. Melker has made a bold prediction that Bitcoin is on track to hit a new all-time high of $100,000 in the near future. This optimistic outlook is based on several key factors
Kraken Institutional, the division of the US-based crypto exchange Kraken that caters to institutional investors, has recently announced the expansion of its custody services into the UK and Australia. This move signifies a significant step for Kraken Institutional as it marks the first international venture following its initial launch earlier this year. Institutional clients in