In a bullish prediction for the cryptocurrency industry, Ripple CEO Brad Garlinghouse recently shared his belief that the entire crypto market capitalization could double by the end of 2024. This optimistic outlook comes amidst a period of relative stability for the market, following a volatile start to the year. Garlinghouse’s comments, made in a CNBC […]
Is Tesla Rekindling its Love Affair with Bitcoin? Wallet Activity Hints at Renewed Interest
Tesla, the electric carmaker known for its bold moves and the influence of its CEO Elon Musk, has reignited speculation about its involvement with Bitcoin. A recent report by crypto data analytics platform Arkham revealed a discrepancy between Tesla’s previously reported Bitcoin holdings and the current balance in its linked wallet. According to the last […]
BlackRock’s Spot Bitcoin ETF Application Acknowledged by the SEC
The United States Securities and Exchange Commission has acceptedBlackRock’s application for an Exchange-Traded Fund that tracks Bitcoin. The update is noteworthy because it comes just a day after SEC acknowledged an application from Bitwise, another investment firm pursuing this product. BREAKING – The SEC officially acknowledges BlackRock’s spot #Bitcoin ETF application pic.twitter.com/BDM9mpi5xv – Bitcoin Magazine July 14 2023 The SEC has acknowledged that […]
Low Bitcoin Market Activity Triggers ‘Caution’ Alert for Traders
Bitcoin ( BTC ) and the digital asset market in general have been consolidating for a while now. In a Research Note published on Tuesday, K33 stated that the unusual inactivity was most evident in the 7-day trading volume, which has dropped to its lowest level in over two and a quarter years. The reintroduction by Binance of trading […]
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
Bitcoin Racing and Richardson Racing have joined forces to compete in the Porsche Carrera Cup, one of the biggest racing series in the United Kingdom. The team is not only looking to win awards but also promote crypto. The team hired a driver who is new to the series: Scottish-Salvadoran Sebastian Melrose. He made his debut […]