Wednesday, January 15

Daily Crypto News

Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts

Bitcoin Will Never Go Back Below $55,000, Mike Novogratz Predicts

Daily Crypto News
Last upgraded: March 13, 2024 18:33 EDT|1 minutes checked out Source: Midjourney Galaxy Digital CEO Mike Novogratz believes Bitcoin is permanently beyond $55,000 after splitting beyond $73,500 on Tuesday."Things are frothy, financing rates high. In times like this you need to be prepared for a correction," Novogratz informed CNBC on Wednesday. "I do not believe we'll return listed below fifty thousand, fifty-five thousand."Mike Novogratz On Bitcoin ETFs In Novogratz' view, Bitcoin's rate will likely keep increase as long as inflows to the recently introduced U.S. Bitcoin area ETFs stay strong.Considering that launch, funds released by BlackRock, Fidelity,...
Home Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal

Home Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal

Daily Crypto News
Last upgraded: March 13, 2024 19:12 EDT|2 minutes checked out Home Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) berated the Consumer Financial Protection Bureau (CFPB) Wednesday early morning for their current federal oversight proposition of digital possession payment systems, informing the independent federal government company to "return to the drawing board."Republicans Criticize Consumer Financial Protection Bureau's Oversight Rule "There is no doubt that this proposition will reduce rewards to innovate in the payments area and leave customers overloaded with less companies from wh...
Thailand Offers Crypto Tax Break to Promote Investment Tokens

Thailand Offers Crypto Tax Break to Promote Investment Tokens

Daily Crypto News
Last upgraded: March 13, 2024 19:15 EDT|2 minutes checked out Thailand authorized a crypto tax break for people holding financial investment tokens on March 13 to motivate using these tokens for fundraising functions.Capital gains from such holdings are now exempt from individual earnings tax estimations, even if a 15% keeping tax was formerly used.Thailand Approves Crypto Tax Break According to reports from the Bangkok Post on March 13, Thailand's cabinet backed the crypto tax break, enabling people benefiting from holding financial investment tokens to omit this earnings from individual earnings tax computations, offered a 15% keeping tax has actually ...
South Korean Gaming Giant WeMade’s Blockchain Bet Finally Pays Off?

South Korean Gaming Giant WeMade’s Blockchain Bet Finally Pays Off?

Daily Crypto News
Last upgraded: March 13, 2024 19:30 EDT|2 minutes checked out The South Korean video gaming leviathan WeMade is confident that its huge blockchain video gaming drive is lastly beginning to pay dividends, media reports declared on March 13.Organization Post declared that the market was "focusing" to the company amidst the crypto booming market.South Korean Gaming Firm's Token Booming WeMade started its enthusiastic crypto pivot back in 2018, initially spinning off a devoted blockchain video gaming affiliate and after that later on reincorporating it.Its flagship job is probably the WEMIX coin and platform. In spite of a questionable domestic delisting cho...
Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade

Layer-2 Blockchain Blast Grinds to a Halt During Ethereum Dencun Upgrade

Daily Crypto News
Last upgraded: March 13, 2024 19:33 EDT|2 minutes checked out A Blast block explorer has actually reported that the Blast network had actually experienced an interruption in block production throughout the Ethereum Dencun upgrade. No blocks have actually been produced because around 14:05 GMT.Developed as a speculative layer-2 option on Ethereum, the Blast network provides a native yield on possessions. The layer-2 blockchain group stated a complete analysis has actually been done on the problem, and it will be shared quickly.Blast Network Experiences Block Production Halt Due to Ethereum Upgrade The Blast Mainnet has actually stopped producing blocks due...
DogWifHat Holders are Migrating To This Hidden Crypto ICO for 100x Gains

DogWifHat Holders are Migrating To This Hidden Crypto ICO for 100x Gains

Daily Crypto News
Last upgraded: March 14, 2024 18:31 EDT|1 minutes checked out As its incredible run greater continues, dogwifhat (WIF) financiers are moving to a covert crypto ICO called Sponge (SPONGE) as they look for 100x gains.Dogwifhat pumped up over 18% on Friday as it struck fresh all-time highs above $3.18 per token.With a market cap of now more than $3.18 billion, some are worrying that the rally may be running out of steam.Yes, possibly WIF can pump another 7-8x to reach Dogecoin's market cap over $25 billion.In the meme coin world, traders tend to look down their noses at the possibility of 7-8x gains.Meme coin traders frequently choose targeting coins that us...
Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan

Speculators And Retails Are Driving Latest Bitcoin Rally, Says JPMorgan

Daily Crypto News
Last upgraded: March 14, 2024 18:50 EDT|1 minutes checked out Source: Pixabay JPMorgan experts stay bearish on Bitcoin's near-term future, thinking the possession's existing rally is attributable to retail and speculative organizations.Both groups, the bank declared on March 14, have actually signed up with momentum traders like product trading consultants in burrowing cash into both gold and bitcoin futures.JPMorgan's Bitcoin Analysis The bank's analysis is a countertheory to those associating the huge success of Bitcoin area ETFs with outflows from gold ETFs, thinking financiers are switching funds from the latter to the previous. Given that the start o...
Leading Crypto Gainers Today on DEXTools– BABYSTRK, HUSKY, DRAI

Leading Crypto Gainers Today on DEXTools– BABYSTRK, HUSKY, DRAI

Daily Crypto News
Last upgraded: March 14, 2024 19:24 EDT|3 minutes checked out Leading Crypto Gainers Today on DEXToolsWith the bulls plainly still in control of the wider crypto market, traders searching for leading crypto gainers today continue to flock to on-chain shitcoin markets in the hope of turning fast rapid revenues.Bitcoin (BTC) has actually been pumping hard in the weeks given that the launch of United States area Bitcoin ETFs.BlackRock's IBIT ETF has actually been leading the charge, and set a brand-new volume record on Thursday. $IBIT had practically $4 billion in volume today. Some insane numbers. Today was among the greatest volume days because #Bitcoin ET...
El Salvador to Store ‘Big Chunk’ of Bitcoin Holdings in Physical Vault

El Salvador to Store ‘Big Chunk’ of Bitcoin Holdings in Physical Vault

Daily Crypto News
Last upgraded: March 14, 2024 23:26 EDT|1 minutes checked out Source: Midjourney El Salvador means to move a considerable part of its Bitcoin holdings to a cold wallet. This wallet would be housed in a physical vault within the nation, President Nayib Bukele exposed Friday."You can call it our very first Bitcoin piggy bank," he stated in an X post. We've chosen to move a huge piece of our #Bitcoin to a cold wallet, and shop that cold wallet in a physical vault within our nationwide area. You can call it our very first #Bitcoin piggy bank It's very little, however it's truthful work pic.twitter.com/dqzedykxT1 -- Nayib Bukele (@nayibbukele) March 14, 2024Col...
Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client

Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client

Daily Crypto News
Last upgraded: March 15, 2024 00:00 EDT|1 minutes checked out Cordial Systems, a blockchain facilities business which develops custody items, has actually introduced Cordial Treasury with numerous customers consisting of Jump Crypto, the digital-asset system of Jump Trading.In a statement, Cordial Systems stated, that Cordial Treasury is a self-hosted item that permits banks to individually handle their digital possession operations internal."Cordial Systems have actually been a crucial partner as we have actually scaled our digital possession service," stated Alex Davies, the CTO of Jump Trading, in a news release."Being able to implement exactly specifi...