KuCoin, Coinbase, Others Apply for Turkish Crypto Licenses
The Turkish cryptocurrency market is changing as prominent firms like KuCoin and Coinbase compete to secure Turkish crypto licenses. The Turkish crypto market is on the brink of substantial transformation as the CMB updates the list and companies strive to comply with regulatory mandates. This application increases results from regulatory updates by the Turkish Capital […]
Benjamin Cowen Doubts Bitcoin Dominance Will Return To 70%
Benjamin Cowen expressed scepticism that Bitcoin’s dominance will revert to the levels it achieved in December 2020, before the increase of approximately 220% over three months. A crypto analyst, Benjamin Cowen, anticipates that Bitcoin’s dominance will reach 60% by the end of September or, at the very latest, in December 2024. In an interview with […]
VanEck Says Shift To AI May Give $13B Gain for BTC Miners
VanEck says BTC miners could enhance their profitability and address bad balance sheets by allocating some of their energy capacity to the AI and HPC sectors. According to VanEck, an investment firm, bitcoin miners have the potential to generate approximately $13.9 billion in additional annual revenue by partially transitioning from energy provision to the artificial […]
Crypto Market Awaits FOMC Minutes & US Fed Chair’s Speech
The crypto market anticipates major events such as the FOMC Minutes and Fed Chair Jerome Powell’s speech, potentially influencing investor sentiment and future market performance. The July FOMC Minutes and Fed Chair Jerome Powell’s speech at the Jackson Hole Retreat are among the significant events the crypto market anticipates next week. Given its potential influence […]
Peter Schiff Warns of Rising US Inflation
Peter Schiff argues that inflation is also linked to money creation during Trump’s presidency, not just Biden’s policies. Recently, Peter Schiff, a critic of Bitcoin, expressed his concern about the high inflation rates currently observed in the United States. Schiff stated that policies enacted prior to Joe Biden’s presidency can link to the inflationary pressures […]