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Bitcoin
SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz
Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts at Blackrock, the…
First Mover Asia: Bitcoin Is CPI Resistant
Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.
SEC Isn’t Appealing Whether XRP Is a Security, Lawyer Clarifies
The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and individual…
TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin…
Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the…
CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation
Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.
US Inflation Climbs to 3.2% in July, Stoking Concerns and Dividing Market Opinions
The most recent data from the Bureau of Labor Statistics reveals a growingly intricate inflationary scenario for the U.S. economy. Disclosed on Thursday, the Consumer Price Index for All Urban Consumers (CPI-U) exhibited a 3.2% annual…
Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?
The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.
Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%
Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data.…
Are Reports Linking the 11th Largest BTC Wallet to Tether a Myth? Cryptoquant Analysis Reveals…
In the wake of recent claims that Tether, the company behind leading stablecoin USDT, holds the 11th largest bitcoin (BTC) wallet, Cryptoquant, a blockchain intelligence firm, has expressed skepticism. Citing inconsistencies in onchain…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, as Inflation in US Rose
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index rose to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also…