Morgan Stanley: Crypto Winter May Be Over, Crypto Spring ‘Likely on the Horizon’
Global investment bank Morgan Stanley believes that “crypto winter may be in the past and that crypto spring is likely on the horizon.” An analyst at the bank explained that historically, most of bitcoin’s gains come directly after a…
Bitcoin.com Partners With Hummingbot in VERSE/USDT Campaign on KuCoin With $15,000 in Rewards
PRESS RELEASE. October 22nd, 2023 — Bitcoin.com, a global leader in introducing newcomers to cryptocurrency, is thrilled to announce the launch of an innovative campaign aimed at enhancing liquidity and trading volumes for the VERSE/USDT…
Bank of America CEO Discusses Economic Slowdown and Fed Cutting Interest Rates
Bank of America CEO Brian Moynihan expects the U.S. economy to slow down in the middle of next year. The executive also noted that according to his bank’s research, the Federal Reserve will start cutting interest rates in the middle of next year to…
Crypto advocates file amicus brief to address users' Fourth Amendment privacy rights
The amicus brief was filed to support an appeal against the Internal Revenue Service in relation to a 2017 court order where Coinbase was forced to hand over data from more than 14,300 of its users to the IRS.
Economist Peter Schiff Warns of Deep Recession, Inflationary Depression, and Collapse of US Dollar Demand
Economist Peter Schiff has warned of an inflationary depression, noting that inflation will stay higher for longer, leading to a more severe and prolonged recession. He predicted that the rapidly increasing national debt and federal budget deficits…
Robert Kiyosaki Says Bitcoin Headed for $135,000 While Gold Will Soon Take Off
Rich Dad Poor Dad author Robert Kiyosaki expects the price of bitcoin to reach $135,000. He also foresees substantial growth in the price of gold, reaching $3,700 in the near future. In contrast, the renowned author has warned that savers of U.S…
Data Protection Bodies Call For ‘Privacy Threshold’ in Digital Euro Transactions
Ensuring low-value digital euro transactions are not traced is one of the recommendations made by two data protection agencies in the EU. The independent bodies have presented their joint opinion on the proposed regulation for the upcoming digital…
NY sues crypto firms, FTX’s Nishad faces 75 years in jail, and Grayscale’s new BTC filing: Hodler’s Digest, Oct. 15-21
Nishad Singh testifies in Sam Bankman-Fried’s trial; New York sues Gemini, Genesis and Digital Currency Group; and Grayscale files for new spot Bitcoin ETF.
US Chamber of Digital Commerce Backs Binance, Urges SEC to Drop Lawsuit
In a significant move on Thursday, the U.S. Chamber of Digital Commerce, a leading crypto policymaking advocacy group, filed an amicus brief urging the U.S. Securities and Exchange Commission (SEC) to dismiss its lawsuit against cryptocurrency…
Blockchain Company LBRY Shuts Down After Legal Battle With SEC
LBRY Inc., a cryptocurrency platform, announced its closure due to a court failure against the Securities and Exchange Commission (SEC). The SEC charged LBRY with making an unregistered securities offering by selling its native LBC tokens. The…
Blockchain Publishing Company LBRY Announces Shutdown Following Court Judgment and Debts
Facing a judgment from the federal government and encumbered with significant debts, LBRY Inc., the blockchain-based publishing company, has signaled its intent to terminate operations. This announcement, shared via a blog post hosted on Odysee…
Ethereum Set To Outperform: Crypto Analyst Predicts 18% Rise To $1,900
Ethereum (ETH) has so far relatively underperformed in comparison to the flagship cryptocurrency Bitcoin. However, that could change soon enough as a crypto analyst has predicted the second-largest crypto token by market to gain some momentum soon…
Gold Heats Up, China’s Gold-Backed Bond Move, and the 10-Year Treasury Note’s Ominous Rise
In the turbulent macroeconomic landscape marked by clashes in Ukraine and Israel, and with the Fed’s Jerome Powell alluding to persistent and escalated interest rates, the 10-year Treasury note has soared to 5% — a milestone not seen…
Ethereum ICO Participant Wakes Up After 8 Years, Moves $3 Million In ETH
The Ethereum initial coin offering (ICO), which took place in 2014, represents one of the most significant events in the history of cryptocurrency. As the network had not begun generating tokens autonomously, the ICO event allowed early investors…
xDay 2023 Day 3: Runtime And MultiversX Launch ZK Rolloups Backed With NASA Tech
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global…
NFT Sales Spike 12.62% Higher Than Last Week, Breaking Two-Month Downturn
Parsed data from the week spanning October 14-21, 2023, reveals an upward trend in non-fungible token (NFT) sales, with a 12.62% surge from the previous week. Both buyer and seller participation swelled, by 15% and 17% respectively, resulting in…
Biggest Movers: SOL Rallies Towards $30, Following 33% Surge in Price
Solana has undoubtedly been one of this week’s biggest gainers, with price rallying by as much as 33% in recent days. The move comes as the global crypto market cap remained mostly in the green to start the weekend. Chainlink was another big mover…
Why This Renowned Finance Author Believes Bitcoin Is Headed To $135,000
The crypto community is buzzing with excitement after a renowned finance author predicts an impending Bullish outcome for Bitcoin. The words of the respected financial figure have raised questions and discussions across the crypto community. Rich…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Lower as Traders Secure This Week’s Profits
Bitcoin traded around the $30,000 region to start the weekend, as markets remained optimistic that an ETF approval could be looming. This has been the topic of the week, with many speculating how high crypto markets could surge on such potential…
xDay 2023 Day 3: Interview With Bogdan-Gruia Ivan, Romanian Minister of Research, Innovation and Digitalization
In the next three days, our team at NewsBTC will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global…
XRP Price Set To Surge Amid Heightened Whale Accumulation
Things seem to be going well for XRP at the moment, and the cryptocurrency appears to be well positioned to make gains in the market. The price of XRP had an incredible rally yesterday as news broke of the US Securities and Exchange Commission…
Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods
The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system…
Bitcoin Could Benefit From ‘Flight To Quality’ Trend: Report
In the last seven days, Bitcoin has gone up by 10.50%, following a series of significant gains across the week. Most notably, the largest crypto asset surged by 7% on Monday following the emergence of fake news on the approval of the BlackRock…
Relai Integrates Lightning With Help of Breez SDK And Greenlight
Relai, a European non-custodial Bitcoin wallet with broker services incorporated in the app, is announcing their integration of Lightning functionality today at the Plan B conference in Lugano. Lightning support will initially roll out as a closed…
Patricia exchange CEO announces debt restructuring via convertible notes
Patricia's CEO also revealed that these shares will be managed by a Securities Exchange Commission (SEC)-licensed trusted third-party trustee to ensure complete transparency.
Stacks (STX) Rockets 26% Higher In A Single Week: The Factors At Play
The price of Stacks (STX) experienced a sustained rebound, driven by a prevailing sentiment of positivity within the cryptocurrency sector. STX had a significant increase, reaching a peak of $0.680, which represents the highest value observed since…
Binance Resumes Euro Transfers Through New Fiat Partners
Cryptocurrency exchange Binance is restoring fiat services for customers using the common European currency, the euro (EUR). The coin trading giant announced that users are already migrating to the new platforms it partnered with in the wake of…
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