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The Etheria Foundation is facing an investigation by an unknown “state authority”.
2024-03-22
Trade News
This incident raises several questions about the implications of the pending approval of the Ether ETF. The revelation that the EtherFoundation had first received a subpoena from an unidentified "state authority" was made public after the Foundation removed a "subpoena alert" notice from its website. The disclosure, which was made…
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Bitcoin Spot ETF Trading Volume Surpasses $150 Billion Milestone; Where to Go Amid Market Turmoil
2024-03-22
Trade News
U.S. bitcoin spot exchange-traded funds (ETFs) surpassed the notable milestone of $150 billion in cumulative trading volume on March 19, according to the latest data. This development is particularly noteworthy considering the relatively short time the spot ETFs have been on the market after receiving approval from the U.S. Securities…
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Bitcoin halving in 2024 is just 30 days away: what you must know
2024-03-22
Trade News
Unlike previous halving events, where Bitcoin usually reaches new highs before the halving event arrives, this time the crypto asset has already hit new highs earlier this month. As March draws to a close, the countdown to the most anticipated event in the crypto industry - the 2024 Bitcoin halving…
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Artificially Intelligent Crypto Traders Take Profits After 2024 Fire Rise, Pushing Token Prices Down as Much as 20 Percent
2024-03-19
Trade News
Market Pullback Hits Artificial Intelligence Crypto Sector, Rally Cools as Concerns Grow. After a fiery rally in the artificial intelligence crypto space over the past few months, investors appear to have adopted a profit-taking strategy over the past few days. The space soared to over $10 billion in mid-February, thanks…
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El Salvador will continue to buy bitcoin daily until it “can’t afford it.”
2024-03-19
Trade News
Summary: -El Salvador's President Nayib Bukele reaffirmed the country's commitment to buy one bitcoin a day. , despite initial criticism. -This plan was announced in November 2022 as part of a dollar-cost averaging program, and as the price of bitcoin soared, the initiative proved successful. -El Salvador's total bitcoin holdings,…
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Hope Is Not Dead: Grayscale Continues to Apply for Ether ETF Amidst Skepticism
2024-03-19
Trade News
The asset manager expanded its commentary on market correlation and the creation and redemption of stocks. Asset manager Grayscale Investments (Grayscale ) has proposed its intention to convert its Grayscale Ethereum Trust into a spot exchange-traded fund (ETF) by amending a regulatory filing.Bitcoin Miner In the March 15 amendment, the…
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ECB execs plan to launch digital euro CBDC in November 2025
2024-03-15
Trade News
As efforts to adopt the digital euro in Europe by the end of 2025 continue, there will be holding restrictions for end users, but not for businesses. The European Central Bank (ECB) is moving ahead with plans to launch the digital euro, aiming to provide a pan-European digital payment solution…
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MicroStrategy plans to raise another $500 million in debt financing to buy more “headline assets”
2024-03-15
Trade News
Saylor recently referred to BTC as a "headline asset" and said that "whoever has the most bitcoin wins". According to a March 13 press release, MicroStrategy is looking to raise an additional $500 million through a bond offering to continue growing its bitcoin reserves, less than a week after the…
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How Circle is Driving Stablecoin Liquidity on Solana
2024-03-15
Trade News
Summary: -Stablecoin issuer Circle is introducing its Cross-Chain Transmission Protocol (CCTP) to enhance the liquidity of stablecoins on Solana. -Solana executives emphasized the potential of CCTP to streamline the transfer of stablecoins from various networks across the network. - Solana's rise as a stablecoin trading platform comes as USDC transfers…
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Tether Co-Founder Thinks Bitcoin Could Reach $300,000 Based on Historical Patterns
2024-03-09
Trade News
He shared this insight in an interview with CNBC, discussing the market conditions affecting Bitcoin, especially as the halving approaches.Quigley clarified that his analysis is not a prediction, but a possibility based on historical patterns and current market conditions. He stated, "Based on historical patterns, it may suggest that Bitcoin…
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