Crypto Analyst Predicts Huge Year for Digital Assets in US ETFs

Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that the upcoming year could be a big one for digital assets. He recently posted on the social media platform X that the US currently accounts for 80% of total Bitcoin (BTC) fund assets, despite the U.S. Securities and Exchange Commission’s (SEC) stance on crypto. […]

Bitcoin Withdrawal Surge Sparks Exchange Dynamics and Speculation

The recent surge in Bitcoin withdrawals from exchanges has stirred up the dynamics of the cryptocurrency market and has prompted speculation on the growing confidence of Bitcoin holders. Analysts have observed that the number of Bitcoin withdrawals from exchanges has increased significantly in the past few weeks, with the amount of Bitcoin withdrawn from exchanges […]

Robinhood Holds Fifth-Largest Ethereum Wallet Worth $2.54 Billion

Robinhood, a popular stock trading platform, has been revealed to be the owner of the fifth-largest Ethereum (ETH) wallet, containing approximately $2.54 billion worth of ETH. This wallet also holds various other cryptocurrencies, such as 122,076 Bitcoin (BTC) ($3.3 billion), 34.1 trillion Shiba Inu (SHIB) ($277.8 million), 4.9 million Chainlink (LINK) ($29.7 million) and 2.6 […]

Wall Street Memes: Crypto Analysts Predict 100x Gains Ahead of Exchange Listing, Staking Mechanism Offers Up to 80% APY

Wall Street Memes (WSM) is a top contender in the crypto world, with its successful presale and strong community engagement. Crypto analysts have dubbed it a potential “Shiba Inu coin killer” and YouTubers have predicted 100x gains. An anonymous crypto whale invested $1 million in the presale, and the project is now less than a […]

Odds of Spot Bitcoin ETF Approval Increase to 75%, Analysts Say

The US Securities and Exchange Commission (SEC) is facing increasing pressure to approve Grayscale’s ETF application following a court ruling in favor of the asset manager. Bloomberg ETF analysts have increased the odds of Spot Bitcoin ETFs launching this year to 75%. The analysts had previously put the odds of ETF approval this year at […]

Grayscale Wins Legal Victory Against SEC, Ramaswamy Optimistic for US Crypto Innovation

Vivek Ramaswamy, a Republican presidential candidate, has expressed optimism about Bitcoin’s prospects and views Grayscale’s recent victory as a promising indicator for cryptocurrency innovation in the United States. Ramaswamy criticized regulators, such as the Securities and Exchange Commission (SEC), describing them as a shadow government and claiming they were out of control.Grayscale achieved a significant […]

Judge Failla Declares Ethereum a Crypto Commodity, ETH Price Surges 4%

In a landmark ruling, United States District Judge Katherine Polk Failla has declared Ethereum (ETH) and Bitcoin as “crypto commodities” while dismissing a class-action lawsuit against Uniswap. This decision offers a definitive stance in the ongoing SEC vs. CFTC jurisdiction battle.The lawsuit was filed in April 2022 by six crypto investors who had fallen prey […]