VeChain (VET) has recently recorded the Golden Cross for the first time since June 2020, a move that previously led to a 3000% rise in the following year. Despite the network’s strong fundamentals and a recent surge in transactions, some believe the era of large-cap crypto pumps is over.In 2021, VeChain experienced a significant 3,000% […]
The United States Securities and Exchange Commission (SEC) has reiterated its warning about the dangers of fear of missing out (FOMO) investing, advising investors to tread carefully. This cautionary advice comes just before the commission’s announcement on the approval of pending spot Bitcoin ETFs.The SEC’s Office of Investor Education and Advocacy issued the warning, which […]
The cryptocurrency community is buzzing with optimism, anticipating the approval of 14 BTC Spot ETF applications on January 10. This high expectation is backed by a 90% probability of approval for spot Bitcoin ETFs. The decision, eagerly awaited by the sector, is set to be a landmark event.Two key developments are expected to significantly impact […]
In a significant development, Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account, thereby establishing it as legal tender within the region. This move comes less than two years after the zone first incorporated the cryptocurrency into its economic framework. The decision allows Bitcoin to serve as […]
Ethereum’s co-founder, Vitalik Buterin, has shared four financial tips aimed at helping both new and seasoned investors navigate the volatile crypto space. This advice comes in response to a discussion about the diversification strategy employed by Microsoft founder, Bill Gates, which was highlighted by blogger Alexander Voigt.Voigt pointed out that Gates, after becoming friends with […]
BlackRock, the world’s largest asset manager, is anticipating the approval of its spot Bitcoin ETF application by the United States Securities and Exchange Commission (SEC) as early as Wednesday. This comes as the SEC, stock exchanges, and investment management firms convened on Friday to discuss last-minute wording changes on ETF filings.BlackRock is not alone in […]
Solana (CRYPTO: SOL), often referred to as an ‘Ethereum (CRYPTO: ETH) killer’, has seen its native token, SOL, drop by 12% in the last 24 hours, disrupting its year-end surge. After reaching a high of $126.30 on December 25, SOL has seen a sharp 13% drop within a week.The previous price rally was largely due […]
Despite recent business challenges, UBS is planning to expand its wealth management and fund business in China. The future of the onshore securities business remains uncertain.“China is a key strategic market and a place where we want to do more,” said Eugene Qian, UBS’s China Country Head, in an interview with Bloomberg TV. “In particular, […]
Shiba Inu has recently announced the automation of its SHIB token burns, a move that is expected to result in the burning of over 100 trillion SHIB annually. This equates to approximately 9.25 trillion SHB each month, and by the end of 2024, it is projected that 20% of the overall supply will have been […]
The global financial industry is currently experiencing a significant transformation with the introduction of ISO 20022, an international protocol set to replace the aging SWIFT system. This protocol offers a secure and standardized way for financial organizations to exchange messages, aiming to revolutionize global payments.Cryptocurrencies such as Ripple (XRP), Hedera (HBAR), and Stellar (XLM) are […]
