Alternative coin ETFs Set to Ignite Parabolic Stage of the Bull Crypto market? Initial US Solana ETF Launching Tomorrow
The announcement of the inaugural Solana ETF launching in the US tomorrow (July 2) has influenced the trading market dynamics. Currently, Solana's price has not yet responded to this news, with SOL showing a decrease of 0.5% for the day, although it has
Did Jerome Powell’s Crypto Greenlight Just Create The Conditions For a Parabolic Surge?
The endorsement of digital currency by Jerome Powell could ignite a parabolic surge. BTC is stable above $105,000, with potential for increases over $112,000. The Federal Reserve remains concentrated on inflation and monetary policy. In a fluctuating week, digital currency values have returned
Fed Eliminates ‘Reputational Risk’ Criterion, Simplifying Road for Crypto Banking
The Federal Reserve has formally aligned with the FDIC and the OCC in eliminating “reputational risk” from the criteria used to determine whether banks can engage with specific industries. This subtle yet impactful modification may alter how banks interact with the crypto sector.
Why is Digital currency Plummeting Today? Is the Decrease in Gold Prices a Superior Investment Compared to BTC?
This market is far from stable. Initially, there were tariff escalations, and now, the looming potential for widespread conflict between an Israel-U.S. alliance and Iran is dominating the news cycle. Investors across various sectors, from cryptocurrencies to stocks, are trying to comprehend the
DoJ Initiates $225M Civil Forfeiture Proceedings Related to Crypto Fraud Committed by Infamous CEO Shan Hanes
It appears that the Kansas banker (Shan Hanes) who defrauded millions from his small-town bank in Kansas, ended up losing a significant portion of his stolen assets to a pig butchering crypto scam associated with a call center in the Philippines, as detailed
FOMC and Canadian ETF Launch Fall Short in Boosting XRP Price: What Trigger Does XRP Require?
The price of XRP is currently declining and holding below the $3.50 mark. Ripple is facing difficulties in gaining traction even after the introduction of three spot XRP ETFs in Canada and ongoing FOMC anticipation in the U.S. The XRP Army frequently hopes
MANTLE Crypto Distributed ledger Bank Is Now Operational: What Implications Does This Have For MNT Price in June?
Mantle crypto, an innovative Layer-2 distributed ledger operating on ETH, has introduced UR, the first blockchain-based Neobank globally, also called UR. Over the last 24 hours, the price of its native crypto token, MNT, has risen by 2%, despite a downward trend in
Crypto Traders Monitoring Federal Reserve: What Will Be The FOMC Effect on BTC?
As the Federal Reserve FOMC meeting takes place today, economists anticipate that interest rates will remain steady within the 4.25% to 4.5% bracket. What might be the BTC implications from the FOMC? Could BTCUSDT surpass $110,000? BTC, Solana, and several of the top
CBDCs: Are the Digital Coins Issued by Central Banks Set to Supplant Cryptocurrency
No subject is more debated in the crypto realm than Central Bank Digital Currencies (CBDCs). In the last year, the number of nations investigating a central bank digital currency has surged from approximately 35 to a minimum of 81, and potentially more as recent data