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Bitcoin Price Discovery: Analyst Sets $88,800 Target as BTC Breaks All-Time Highs for 3 Consecutive Days

November 10, 2024 by Arnold Potts

Bitcoin has been making headlines with its record-breaking run, reaching new all-time highs for three consecutive days following Donald Trump’s victory in the US election and a recent 25 basis point rate cut by the Federal Reserve. This surge in price has …

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Tags Bitcoin

Revolutionizing KYC Compliance in Europe: The Wecan Group’s Blockchain Solution in Luxembourg

November 10, 2024 by Arnold Potts

Wecan Group, a Geneva-based fintech company, is making waves in Europe with its innovative blockchain solution that is transforming KYC (Know Your Customer) compliance. The company’s decentralized blockchain solution has caught the attention of institutions in financial hubs like Luxembourg, where it …

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Tags Cryptocurrency

Who Will Lead the SEC? Potential Contenders for Chairman in Trump’s Administration

November 9, 2024 by Arnold Potts

The cryptocurrency industry in the United States has been facing significant challenges due to the lack of clear regulations. The power struggle among government agencies, particularly the Securities and Exchange Commission (SEC), has been a major point of contention. With the upcoming …

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Tags Cryptocurrency

Navigating Trump’s Tariffs: Surprising Market Moves and Economic Impact

November 9, 2024 by Arnold Potts

In a surprising turn of events, President Trump has reinstated tariffs, this time targeting Chinese goods with a staggering 60% tax and imposing a 10% tax on all other countries. However, the reaction from the markets has been unexpected, with Asian markets …

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Tags Cryptocurrency

Ethereum Foundation’s $788M Crypto Holdings and Conflict-Of-Interest Rules Revealed

November 9, 2024 by Arnold Potts

The Ethereum Foundation (EF) has recently unveiled its annual financial report, showcasing significant holdings and a dedication to transparency and long-term sustainability. The report, released on November 8, 2024, revealed that the EF’s treasury currently holds approximately $970.2 million, with $788.7 million …

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Tags Cryptocurrency, ethereum

Whale Votes Dominate: Sky’s Rebrand to Maker Rejected

November 8, 2024 by Arnold Potts

In a surprising turn of events, Sky’s proposal to rebrand back to Maker has been rejected in a governance vote dominated by four whales. The decision, announced on November 8, comes after Sky’s previous rebranding in August, which saw the replacement of …

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Tags Cryptocurrency

JPMorgan Predicts Bitcoin and Gold to Thrive Under Trump’s Second Term

November 8, 2024 by Arnold Potts

Following his historic reelection this year, JPMorgan projects that both Bitcoin and Gold will be set to benefit from Donald Trump’s return to the White House. The bank’s top analysts expect that both assets will continue to gain well into his second …

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Tags Bitcoin, Cryptocurrency

Trump’s Removal of Gensler: Potential Surge for 3 Cryptocurrency Coins

November 8, 2024 by Arnold Potts

The recent conclusion of the US elections has brought about a significant shift in the cryptocurrency market, with the ascension of Donald Trump to the White House sparking speculation about the future of three major coins – Ripple (XRP), Ethereum (ETH), and …

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Tags Bitcoin, Cryptocurrency, ethereum

Ethereum Price Surges as Whale Activity Reaches 3-Month High Amid Bull Run

November 7, 2024 by Arnold Potts

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing a surge in price and whale activity, reaching a three-month high amid a bullish market trend. The price of Ethereum (ETH) has surpassed the $2,800 mark, gaining 8% in the past 24 …

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Tags ethereum

Trump’s Victory Sparks Surge in Stocks and Crypto Markets

November 7, 2024 by Arnold Potts

The US election on Wednesday caused major shifts in financial markets, with Donald Trump’s win pushing Bitcoin to a new record high of $75,255. Stocks and other cryptocurrencies also saw sharp increases in value. Trump’s support for crypto and his pledge to …

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Tags Bitcoin, Cryptocurrency
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