Fundstrat’s Tom Lee Predicts ‘Pretty Sharp Rebound’ for Bitcoin — Expects to See $150K BTC This Year
Fundstrat’s head of research, Thomas Lee, has doubled down on his bitcoin price prediction of $150K by year-end, post Mt....
Month: July 2024
Robinhood Moves Forward With Acquisition of Bitstamp
Robinhood Markets Inc. is moving forward with its acquisition of Bitstamp Ltd., a global cryptocurrency exchange. As part of this...
UBS Rates Gold as Most Preferred Geopolitical Hedge and Portfolio Diversifier
UBS sees gold as an attractive geopolitical hedge and portfolio diversifier, rating the metal as most preferred in its investment...
North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies
The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments...
Peter Schiff: Bitcoin Bear Market Has Much Further to Go, Ether to Crash to $1,500
Economist and gold advocate Peter Schiff warns of a continued bitcoin decline, stating that “this bear market is a long...
Bitcoin Proponent Bruce Fenton Calls Out Jack Dorsey Over Censorship Allegations During Twitter Tenure
Over the weekend, a prominent personality in the bitcoin and blockchain sector, Bruce Fenton, addressed Jack Dorsey, CEO of Block,...
Past vs. Present — Examining Bitcoin’s History of Bull Market Corrections
As of now, the price of bitcoin has decreased by 23.4% from its peak of $73,737, reached on March 14,...
NFT Sales Rise 8% Higher Amid Broader Crypto Market Downturn
Over the past week, non-fungible token (NFT) sales have increased despite the significant decline in the broader crypto market. Approximately...
UBS Executive Highlights AI’s Impact on Banking
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of...
UK High Court Grants Worldwide Freezing Order Against Craig Wright
The UK High Court has granted a Worldwide Freezing Order (WFO) against Craig Wright, amounting to £1.548 million (approximately $1.98...
Sleeping Bitcoin Wallet Transfers 1,000 BTC Worth Over $56M After a Decade
On Friday, July 5, 2024, at 8 p.m. EDT, as bitcoin’s price hovered around $56,500 per unit, a dormant wallet,...
Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months
According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s...
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Tangem Partners With Visa to Launch Self-Custodial Crypto Payment Card
Hardware wallet firm Tangem AG is collaborating with Visa to launch a self-custodial payment solution. This collaboration introduces a Visa...
Zambia to Outlaw Use of Foreign Currency, Criminals Could Face Jail Time for up to 10 Years
The Bank of Zambia has proposed a new series of guidelines that seek to outlaw the use of foreign currency,...
