Author name: Peter

Ark Invest CEO Cathie Wood Anticipates Crypto Market to Reach $25 Trillion by 2030

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Cathie Wood's Crypto Market Outlook: $25T by 2030 Ark Invest CEO Cathie Wood envisions that the cryptocurrency market will experience significant growth, expanding from its current value of around $1 trillion to a staggering $25 trillion by 2030. Wood emphasizes the importance of regulatory advancements in bringing institutional investors into the crypto space. She highlights […]

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Coinbase Expects Spot Bitcoin ETFs to Boost Crypto Market Cap, SEC Approval Possible by Year-End

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The Potential Impact of Spot Bitcoin ETFs Cryptocurrency exchange Coinbase has expressed its belief that spot bitcoin exchange-traded funds (ETFs) could have a significant positive impact on the overall crypto market cap. According to Coinbase, the chances of the U.S. Securities and Exchange Commission (SEC) approving one or more spot bitcoin ETFs by the end

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NHL Dives Into NFT Market With ‘Breakaway’ Platform, Amidst Shifting Digital Collectible Trends

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The National Hockey League (NHL), along with the NHL Players' Association and the NHL Alumni Association, has partnered with Sweet, a non-fungible token (NFT) firm, to introduce NHL Breakaway. This digital collectibles platform allows fans from all over the world to collect, gift, trade, and showcase highlights and significant moments from NHL history. NHL Partners

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Steady CPI in October Balances Housing Costs Against Gasoline Prices; Market and Crypto Reactions Vary

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Introduction On Tuesday, the U.S. Bureau of Labor Statistics released the October Consumer Price Index for All Urban Consumers (CPI-U), which remained unchanged compared to September's 0.4% increase. The report revealed a steady trend in consumer pricing, with the all-items index rising 3.2% over the past year before seasonal adjustment. Shelter Index and Gasoline Index

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Robert Kiyosaki: Fiat Money Isn’t Safe, Investors Must Protect Themselves From Central Bankers

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Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, has issued a cautionary statement stating that fiat money is not a safe investment. He emphasizes that central banks are buying gold to protect themselves, rather than safeguarding the interests of investors. Kiyosaki advises individuals to take necessary steps to protect themselves by

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Memecoin Surges 44.28% as Ark Declines 17.5% in Mixed Day for Cryptocurrencies

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Memecoin and Celestia Lead the Gainers On Monday, the cryptocurrency market witnessed several virtual currencies making significant moves. Memecoin (MEME) emerged as the top performer, surging by an impressive 44.28% against the U.S. dollar. Following closely behind was Celestia (TIA), which experienced a notable gain of 29.25% within the same trading period. Other notable gainers

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Blackrock Outlines Why SEC ‘Must’ Approve Spot Ethereum ETFs

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Blackrock Advocates for Approval of Spot Ether ETF Blackrock, the world's largest asset manager, is making a case for the U.S. Securities and Exchange Commission (SEC) to approve spot ether exchange-traded funds (ETFs). The company believes that the approval of such ETFs would be crucial for the protection of U.S. investors in the cryptocurrency space.

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Swan Bitcoin Cracks Down on Bitcoin Mixing Services: Accounts to be Terminated

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Swan Bitcoin Implements New Policies Swan Bitcoin, a prominent bitcoin exchange platform based in California, recently announced stricter policies regarding its interaction with bitcoin mixing services. In a letter to its customers, the company stated that accounts directly involved in transactions with coin mixing services would face termination. The decision to implement these new policies

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Bitcoin Technical Analysis: Traders Await US Inflation Data as Market Consolidates

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Bitcoin Consolidates in Tight Trading Range Bitcoin (BTC) has experienced a period of consolidation over the weekend, with its price moving within a tighter triangular pattern. However, the relative strength index (RSI) suggests that Bitcoin is still trading in overbought territory, indicating the possibility of further price pullbacks. During the past 24 hours, the price

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