Bloomberg ETF analysts have boosted their approval odds for a U.S. Bitcoin (BTC) spot ETF from 50% to 65%, in light of “recent events and new information.” The analysts believe it is most likely that the Securities and Exchange Commission (SEC) will simultaneously approve all recent applications for the product after Grayscale defeats the agency in federal court. The ETF Approval Thesis As published by analysts James Seyffart and Eric Balcunas to Bloomberg Terminal, a flurry...
Read More »Fitch Ratings Downgrades US Government Debt To AA+
Fitch Ratings – one of the world’s “Big Three” credit rating agencies – has removed the United States from its position among the very highest tier of long-term lending counterparties. The nation’s Long-Term Foreign-Currency Issuer Default Rating (IDR) slid from AAA to AA+ on Tuesday, prompting criticisms against Fitch from both the U.S. Treasury Department and the White House. Why The Downgrade? According to Fitch, the downgrade reflects expectations of “fiscal...
Read More »Satoshi Coin Hosts Presale and Prepares to Launch Environmentally Friendly Cryptocurrency
[Press Release – London, United Kingdom, August 2nd, 2023] The cryptocurrency landscape is about to be shaken up by the release of Satoshi Coin, a new cryptocurrency that has a number of unique features. Satoshi Coin offers a novel approach to mining and staking through its Proof of Computing Power (PoCP) algorithm. The presale for Satoshi Coin is currently underway. It will run from August 2 until all available coins have been purchased. An Ethereum-based token, Satoshi Coin...
Read More »The UK’s James Wharton Thrashed Over Alleged Crypto Ties
James Wharton – a former campaign manager to Boris Johnson that’s now leading an education quango – is being questioned over his alleged ties to a crypto lobbying firm. James Wharton Criticized for Ties to Crypto Wharton presently leads an organization known as the Office for Students (OFS). However, he’s also launched a new public affairs company designed to help clients “navigate the complexities” of Westminster. He also provides legal counseling on regulated...
Read More »SBF Shouldn’t be Detained for Leaking Details From Ellison’s Diary, Lawyers Claim
Cohen & Gresser – an international law firm representing the former CEO of FTX Sam Bankman-Fried (SBF) – maintained that he did not attempt to intimidate Caroline Ellison (ex-leader of Alameda Research) or taint the jury’s sentiment when talking to a New York Times reporter. The 31-year-old, who faces several fraud charges and is accused of being the main culprit behind the collapse of the once-leading crypto exchange, shared quoted excerpts of Ellison’s private diary,...
Read More »Binance Denies that Chinese Users Traded $90 Billion Despite China’s Ban
[unable to retrieve full-text content]CoinspeakerBinance Denies that Chinese Users Traded $90 Billion Despite China’s Ban Binance explained that they even have refused to conduct business in the Asian due to China's cryptocurrency ban. Binance Denies that Chinese Users Traded $90 Billion Despite China’s Ban
Read More »Ben Zhang: Everyone Should Invest in Crypto for the Long Run
Dr. Ben Zhang – a former banker at JPMorgan and the co-founder of Node Real – believes blockchain and crypto are long-term investments, and he thinks entrepreneurs and startups alike need to get involved now before things really explode. Ben Zhang on How Crypto Should Be Viewed Over the last year or so, the crypto market has been subjected to haphazard conditions that have really caused prices to sink. Bitcoin, for example, was trading 70 percent less at the end...
Read More »Die aufstrebende DeFi-Landschaft: Wie Bitcoin das dezentrale Finanzwesen vorantreibt
Bitcoin und DeFi sind auf dem Vormarsch! Das dezentrale Finanzwesen (DeFi) hat in den letzten Jahren stark an Bedeutung gewonnen und sich zu einem wichtigen Treiber für Innovationen im Kryptowährungsraum entwickelt. Eine der wichtigsten Kryptowährungen, die diese aufstrebende DeFi-Landschaft vorantreibt, ist zweifellos Bitcoin. In diesem Artikel werden wir untersuchen, wie Bitcoin als Pionier und Katalysator für die DeFi-Bewegung agiert und welche...
Read More »Signal Not Seen Since Feb 2018 Flashes: Is BTC in Danger? (Bitcoin Price Analysis)
In mid-July, Bitcoin attempted multiple times to break the significant resistance at $30K but ultimately failed and declined toward the 100-day moving average. Nevertheless, the price is currently trading within a critical range, and a breakout could trigger a substantial price movement. By Shayan The Daily Chart On the daily chart, the 100-day moving average is acting as a support level, preventing further declines. However, it has been unable to push the price back above...
Read More »42 % der Fondsmanager prognostizieren aufgrund KI höhere Gewinne – Entsprechende Aktien und Kryptowährungen sorgen für Überrendite
Bereits 2007 gab es 1.200 wirtschaftsaktive KI-Startups in Deutschland Das Themengebiet Künstliche Intelligenz beherrscht nach wie vor die Schlagzeilen – auch jene in der Investmentwelt. Ein bedeutender Teil der Profianleger geht davon aus, dass die Technologie den Anlegern hohe Gewinne bescheren wird, wie aus einer neuen Infografik von Block-Builders.de hervorgeht. Konkret glauben 42 Prozent der Fondsmanager, dass KI die Gewinne in den nächsten 2...
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