The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...
Read More »Engiven and Secure Give Partner to Enable Church Crypto Donations
Leading crypto donation platform Engiven is keeping up its current trend of being the ultimate church donation company by partnering with Secure Give, which manages church donation applications. The latter has selected Engiven to enable more people to give money to their favorite religious institutions. Engiven and Secure Give Work Together James Lawrence – co-founder and CEO of Engiven – stated in a recent interview: Secure Give has been a pioneer in church giving...
Read More »Crypto Market Jumps Past $1 Trillion Milestone Once Again in Recent Rally
Ethereum (ETH) has emerged as the top performer in the top ten crypto-list gaining over 14% and moving past $1,500 for the first time since the Merge event.On Tuesday, October 25, the broader crypto market made a sharp rally surging past more than 5% and above the $1 trillion market cap. As of the press time, the broader cryptocurrency market is up 7% with a combined market cap of $995 billion.The world’s largest cryptocurrency Bitcoin (BTC) has also gained 7% and is currently trading at...
Read More »Next Bitcoin Halving Is Coming and It Will (Again) Pump BTC
Elon Musk has also made a bold prediction that the global recession will continue until near 2024 Bitcoin halving.Bitcoin has been in a bearish mode for some time with Peter Brandt, founder and CEO of proprietary trading firm Factor LLC predicting that the asset could trade between $17,000 and $23,000 till next year and a half before staging a bull run into new all-time highs. The current bear market has been linked to interest rate hikes to address the rising inflation, and it is unknown...
Read More »Bitcoin Price Analysis: BTC Could Gain Pace Above This Resistance
Bitcoin price started a fresh increase above the $20,000 zone against the US Dollar. The price is now trading above $19,500 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $19,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $20,400 level. Bitcoin price is rising above $20,000 against the US Dollar. BTC might gain bullish...
Read More »Mike Novogratz Tells the Fed to Let Inflation Be; Could Help BTC
Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If he gives up this fight, you’re going to see bitcoin and other assets take right back off. Inflation is at a 40-year high in countries like...
Read More »Alessandro De Grandi on The Nemesis, His Crypto Gaming Platform
Alessandro De Grandi is the CEO and founder of The Nemesis, a crypto gaming platform. He says he first bought bitcoin in 2010 and it was a truly thrilling experience that he still looks back on with great hope and love. Alessandro De Grandi and the History of The Nemesis When Grandi first bought the world’s number one digital currency by market cap, each unit cost less than one dollar. He later sold them for about $75 believing he had made a solid profit on the units,...
Read More »Peter Brandt Predicts $13,000 Bottom for BTC, Says Reaching New ATH Could Take 32 Months
The veteran trader is not overly enthusiastic about the prospects of BTC until maybe after 32 months or thereabout.Veteran trader Peter Brandt has given a hint of what to expect of the world’s leading cryptocurrency Bitcoin (BTC) over the next few years. The respected trader spoke on CoinDesk’s “First Mover” program on Monday about the current state of the crypto, and its expected price movement in the next few months, among many other topics.Firstly, Peter Brandt admitted that BTC is...
Read More »ARK’s Cathie Wood Bought Bitcoin Years Ago for $100K, Currently Sitting on $7.6M Profit
ARK CEO Cathie Wood recently disclosed that she bought $100,000 worth of Bitcoin at $250 years ago and has never sold it.Cathie Wood recently revealed that she purchased $100,000 worth of Bitcoin (BTC) years ago when it was trading at around $250. The referenced unit price of the popular crypto suggests Wood made the purchase sometime in 2015. Speaking on Peter McCormack’s “What Bitcoin Did” podcast, the ARK Investment CEO disclosed that she has not sold any of that initial investment. This...
Read More »Is CFTC Underfunded to Regulate Cryptocurrency Industry?
The CFTC has been working closely with the SEC to help provide crystal clear cryptocurrency regulations.The cryptocurrency market is getting shaped by global geopolitics. In the United States, the Commodity Futures Trading Commission (CFTC), under Chair Rostin Behnam, has been at the forefront of cryptocurrency industry regulations. However, it has been regarded as a friendlier regulator than the Securities and Exchange Commission (SEC).During a panel discussion hosted by law firm Lowenstein...
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