news

Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee

With the retirement of Rep. Blaine Luetkemeyer (R-Mo.) at the end of 2024, there is a possibility for a more favorable approach towards cryptocurrency regulation in the House Financial Services Committee. Rep. French Hill (R-Ark.) is likely to take the lead in this new era. Shift in House Financial Services Committee Leadership Could Lead to […]

Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee Read More »

Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario

Janet Yellen's Optimistic View on the U.S. Economy Janet Yellen, U.S. Treasury Secretary and former Chairman of the U.S. Federal Reserve, believes that the recent improvements in the American economy show that the country has achieved a soft landing. For Yellen, the recent low figures of inflation and the strength of the labor market are

Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario Read More »

Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams

Introduction Microstrategy's executive chairman, Michael Saylor, has raised concerns about the rise of new bitcoin giveaway scams that involve the use of AI-generated deepfake videos featuring him and his company. Saylor emphasizes that there is no such thing as a free lunch and urges investors to be cautious. Deepfake Videos Targeting Cryptocurrency Investors A growing

Michael Saylor Warns of Deepfake Bitcoin Giveaway Scams Read More »

USDC Stablecoin Experiences Temporary Depreciation to $0.76 on Binance Amid Market Turbulence

Circle's USDC, which is typically pegged to the dollar, encountered unexpected volatility on the Binance exchange platform. Its value dropped as low as $0.76 amidst a market that was shaken by skepticism surrounding the approval of a Bitcoin ETF and a significant liquidation in derivatives. USDC Depreciates Temporarily on Binance Amidst Crypto Market Sell-Off In

USDC Stablecoin Experiences Temporary Depreciation to $0.76 on Binance Amid Market Turbulence Read More »

Bitcoin’s Resilience in the Face of Declining Death Calls

Bitcoin Obituaries Dwindle in 2023 Bitcoin, the world's most popular cryptocurrency, has faced numerous predictions of its demise over the years. However, the year 2023 saw a significant decline in such "death calls." According to the Bitcoin Obituaries list on 99bitcoins.com, there were only eight declarations of bitcoin's end in 2023, compared to 47 and

Bitcoin’s Resilience in the Face of Declining Death Calls Read More »

Peter Schiff Expects Spot Bitcoin ETFs to Bring Speculator Sell-Off, Minimal Institutional Demand

Peter Schiff Dismisses Spot Bitcoin ETFs Economist and gold bug Peter Schiff has expressed his belief that the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) will have little impact. According to Schiff, there is no real need for a bitcoin ETF since individuals can easily buy and

Peter Schiff Expects Spot Bitcoin ETFs to Bring Speculator Sell-Off, Minimal Institutional Demand Read More »

Investment Bank TD Cowen Predicts SEC Approval of Bitcoin ETFs as “Political Necessity”

Introduction Investment bank TD Cowen predicts that the U.S. Securities and Exchange Commission (SEC) will approve spot bitcoin exchange-traded funds (ETFs) by the January 10 deadline. The bank's analyst views this approval as a "political necessity" for the SEC to solidify its role as a crypto regulator before Congress considers broader crypto legislation. TD Cowen's

Investment Bank TD Cowen Predicts SEC Approval of Bitcoin ETFs as “Political Necessity” Read More »

Robert Kiyosaki Warns of Economic Depression and War, Recommends Buying Bitcoin

Renowned author and Rich Dad Poor Dad co-author, Robert Kiyosaki, has raised concerns about the future of the U.S. economy, predicting an economic depression and a war. As anticipation grows over the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), Kiyosaki has reiterated his recommendation to buy bitcoin.

Robert Kiyosaki Warns of Economic Depression and War, Recommends Buying Bitcoin Read More »