Bitcoin liquidity index hints at $110K BTC by Jan 2025
Bitcoin may hit $110K by January 2025, driven by rising global liquidity, before potentially dipping below $70K in February, says Raoul Pal. Analysts predict that BTC will reach a local high of more than $110,000 before the month of January is up, indicating that the cryptocurrency has reached the “parabolic phase” of the market cycle. […]
Ripple CTO Criticizes Government’s Indirect Regulation
In a recent Joe Rogan interview, Mark Andreesen stated that the debanking of tech firms pushed Silicon Valley to lean toward Trump. David Schwartz, Chief Technology Officer of Ripple, has joined the growing list of tech leaders speaking out against Operation Chokepoint 2.0—a government-led initiative targeting the crypto industry through debanking practices. Schwartz criticized the operation, […]
Altcoin Gains Push Grayscale Crypto Portfolio Up 85%
Grayscale crypto portfolio gains are yet another indicator of an impending altcoin season, which could result in an XRP rally of $2.57 by the conclusion of 2024. In November, Grayscale’ s cryptocurrency holdings experienced a substantial increase, as altcoins such as XRP and Stellar experienced triple-digit gains. This coincided with analyst predictions of an upcoming […]
MicroStrategy Poses As Major Risk to Bitcoin, How?
The aggressive acquisition of BTC by MicroStrategy and the higher MSTR premium over Bitcoin. The following are the potential long-term risks. In the past few weeks, MicroStrategy has been on a Bitcoin purchasing spree, resulting in a significant increase in MSTR stock’s value, reaching an all-time high of $473 in November. Nevertheless, the company’s valuation […]
US SEC Accuse Touzi Capital Over $100M Securities Violations
Touzi Capital and its CEO, Eng Taing, have been accused by the US SEC of offering unregistered securities that generated more than $100 million. Touzi Capital and its proprietor, Eng Taing, have been accused of securities violations by the US Securities and Exchange Commission (SEC). The SEC also charged the firm with fraud for commingling […]