The crypto industry is currently in a state of anticipation as Donald Trump’s odds of winning a second presidency have been on the rise. With promises to end President Joe Biden’s ‘crusade against crypto,’ many in the industry are eagerly waiting to see what the future holds. However, while this may be good news for
The past week has been quite eventful for the cryptocurrency market, with Bitcoin leading the charge. Despite not being the top performer, Bitcoin surged by an impressive 11% over the past seven days. The price chart shows a steady upward trend since July 14th, with BTC trying to break the $68K level but facing resistance
Bitcoin, the leading cryptocurrency, is currently experiencing a surge in price that has caught the attention of crypto investment firm Mechanism Capital. Andrew Kang, the co-founder of Mechanism Capital, recently took to Twitter to share his thoughts on Bitcoin’s unexpected strength in the market. Despite facing challenges in market structure dynamics earlier in the month,
The world of cryptocurrency journalism is a fast-paced and ever-evolving field that requires a deep understanding of both blockchain technology and traditional journalism principles. Individuals like Semilore Faleti have emerged in recent years as experts in the field, using their skills to demystify the complexities of digital assets and advocate for their widespread adoption. Early
Semilore Faleti is a cryptocurrency writer who has found his niche in the world of blockchain and digital assets. With a keen eye for detail and a passion for unraveling the complexities of the industry, Semilore has established himself as a trusted source of information for both newcomers and seasoned veterans in the crypto space.
Three individuals were recently arrested by the Hong Kong police for allegedly defrauding a businessman out of HK$3.11 million in crypto assets. The accused individuals offered the victim three bundles of counterfeit HK$1,000 banknotes during a transaction at a Mong Kok office. The fraudulent scheme was uncovered when the victim, a 44-year-old businessman, was instructed
The recent surge in the price of Bitcoin has caught the attention of investors and analysts alike. Despite the fear, uncertainty, and doubt (FUD) swirling around speculations about Mt. Gox’s customer repayment, Bitcoin has managed to climb back to the $61,000 to $67,000 zone where it has been consolidating for the past quarter. This positive
State Street Corp., a prominent Boston-based finance company, is venturing into the realm of blockchain technology by contemplating the introduction of its stablecoin and tokenized deposits. The move seeks to enhance payment settlement processes by leveraging the capabilities of blockchain technology. According to a recent report by Bloomberg, State Street has been actively exploring opportunities
Kraken Institutional, the division catering to institutional investors of Kraken, recently announced the expansion of its custody services into the UK and Australia. This move comes after the division’s initial launch earlier this year, allowing institutional clients in these regions to securely store, manage, and transfer their crypto assets starting July 18th. According to Tim
A prominent crypto analyst, Scott Melker, widely known as “The Wolf Of All Streets,” has expressed a strong bullish sentiment towards Bitcoin (BTC) by predicting that the pioneer cryptocurrency could achieve a remarkable milestone of hitting $100,000 as its all-time high. Melker’s conviction is based on a series of fundamental factors that he believes will
