CNBC Fast Money trader says Solana ETFs ’probably’ next, sparking debate
CNBC contributor and crypto investor Brian Kelly said Solana is one of the “big three” coins, meaning it’s likely to be the next to receive ETF treatment. Go to Source
Month: May 2024
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due to a significant price surge, following the company’s adoption of a bitcoin investment strategy similar to Microstrategy’s, which led to a 158% increase in its share price over the last week. The company’s stock price rally, which rose 127% … Read more
Nvidia doubles down on AI future as stock market cap tops $2.5T
The semiconductor giant plans to accelerate its AI chip production cycle following a bumper revenue report driven by AI data centers. Go to Source
Hong Kong Regulator: Worldcoin Activities Violated Privacy Ordinance
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for … Read more
Bitcoin return to $73K could be a start to ‘escape velocity’ phase
A return to the $73,000 price range for BTC will likely be met with short-term holder resistance but could also mark a turning point for the asset. Go to Source
South African Prosecutors Set to Pursue Collapsed Pyramid Scheme Co-Conspirators
South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s … Read more
BlockDAG’s Ne Dashboard & X100 Miner’s Capabilities Boost Presale to $30M Amid XRP’s Bullish Forecast & AVAX’s Price Surge
As XRP hints at a bullish phase in the coming months, Avalanche enjoys a swift 8% uptick from its innovative foray into tokenized wine investments. On the other hand, BlockDAG (BDAG) stands out with its presale bull run, amassing over $30 million, and the innovative tech that promises not just growth but real usability. BlockDAG … Read more
FIT21 crypto bill passes US House: Here’s what could happen next
The crypto-regulating bill is headed to a cloudy future in the Senate with no companion bill and faces one of the country’s most prominent crypto critics. Go to Source
‘Asia’s MicroStrategy’ Metaplanet smashes all other Japanese stocks
Trading in Metaplanet’s stock was halted for two straight days under Tokyo Stock Exchange rules as its shares rocketed over the last week. Go to Source
Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he believes will … Read more