In a stark revelation that has rippled through the cryptocurrency community, Bakkt, once hailed as a pioneering platform bridging the gap between digital assets and traditional finance, has issued a warning about its ability to continue operating. The firm's recent filings with the Securities and Exchange Commission (SEC) highlighted "substantial doubt" regarding its ongoing … [Read more...] about Bakkt’s uncertain future: A cautionary tale in the crypto landscape
Bitcoin-friendly president wins re-election in El Salvador
El Salvador’s pro-bitcoin president Nayib Bukele declared his win in the 2024 presidential election held on Sunday. … [Read more...] about Bitcoin-friendly president wins re-election in El Salvador
Tether releases Q4 2023 financial report, showing remarkable growth
Tether, issuer of the largest stablecoin by market capitalization, recently published its financial report for the fourth quarter of 2023. … [Read more...] about Tether releases Q4 2023 financial report, showing remarkable growth
Trump’s stance against a digital dollar
In a recent declaration to New Hampshire voters, former President Donald Trump voiced his opposition to the creation of a Federal Reserve digital dollar. This statement aligns with his consistent skepticism towards digital currencies, highlighting a significant divergence in the political discourse surrounding the future of digital finance in the United States. … [Read more...] about Trump’s stance against a digital dollar
Solana Mobile’s latest launch fuels market excitement
Solana Mobile's announcement of its second smartphone has created a buzz in the tech and cryptocurrency communities, driving a buying frenzy among enthusiasts. This move by Solana, primarily known for its blockchain platform, signifies a deeper foray into the integration of mobile technology and decentralized finance. … [Read more...] about Solana Mobile’s latest launch fuels market excitement
A new chapter for crypto after bitcoin ETFs approval
The long-awaited debut of spot Bitcoin exchange-traded funds (ETFs) marks a significant milestone in the cryptocurrency industry's journey towards mainstream acceptance. After years of speculation and anticipation, these financial products, which allow direct investment in Bitcoin rather than derivatives, are set to start trading, heralding a new era for digital assets. … [Read more...] about A new chapter for crypto after bitcoin ETFs approval
SEC greenlights bitcoin ETFs
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved applications for 11 spot Bitcoin ETFs, marking a significant shift in the cryptocurrency landscape. This historic move comes after years of cautious consideration and debate within the financial regulatory framework. … [Read more...] about SEC greenlights bitcoin ETFs
Bitcoin could soar to $200,000 by the end of 2025 according to Standard Chartered
Geoff Kendrick, the Head of FX Research at Standard Chartered, envisions a striking ascent for Bitcoin, projecting a potential value of $200,000 by the end of 2025. This optimistic outlook is closely tied to the anticipated approval of bitcoin spot ETFs (Exchange-Traded Funds) by the U.S. Securities and Exchange Commission (SEC). … [Read more...] about Bitcoin could soar to $200,000 by the end of 2025 according to Standard Chartered