Qiao Wang shifted from Wall Street to crypto, co-founding Alliance DAO to support Web3 startups and advocate for decentralization.He sold his Ethereum holdings, citing Solana’s growing advantages, lower transaction costs, and developer-friendly ecosystem as key reasons for his decision. Qiao Wang is well-known in the cryptocurrency community. Long a force to be reckoned with as...
Bitcoin could hit $700K and Solana $1,800 amid massive liquidity injection, says Abra CEO Bill Barhydt.Lower interest rates, tax cuts, and institutional adoption may drive crypto prices to new all-time highs. Bitcoin could skyrocket to $700,000 this cycle, while Solana aims for $1,800, according to Abra CEO Bill Barhydt. The veteran crypto investor predicts a...
Individual investors own most of Bitcoin, while institutions and governments hold a small percentage.Institutional demand is rising as Bitcoin supply shrinks, and if OTC markets run out, prices could increase significantly. A recent analysis by Bitwise Asset Management reveals that individual investors control the majority of Bitcoin’s total supply, raising concerns about a potential supply...
Declining OTC reserves could push institutional buyers to exchanges, triggering potential Bitcoin price surges. Institutional demand and low OTC supply may lead to a FOMO rally, increasing Bitcoin’s market value. Despite large purchases from institutional investors and whales, Bitcoin’s price has remained relatively stagnant at around $100,000. The reason for this is the dynamics of Over-The-Counter...
Bitcoin funding rate on various centralised exchanges, including Binance and OKX, reaches Zero, signalling an upcoming rally. Bitcoin’s potential surge is also validated by the recent break out of Gold against the digital asset. Bitcoin (BTC) marginally bounces back into the $98k territory as its 30-day gains rise by 4%. However, its 24-hour trading volume takes...
Powell expresses concern over crypto debanking and signals a possible regulatory shift.Fed remains skeptical of stablecoins and firmly opposes issuing a U.S. CBDC. Federal Reserve Chairman Jerome Powell has voiced concerns over the increasing reports of ‘debanking’ in the crypto industry, stating that he is troubled by the trend and is taking steps to address...
Binance introduces Solayer (LAYER) as the eighth project in its HODLer Airdrops program, leveraging high-speed InfiniSVM blockchain architecture.Solayer integrates with Solana Virtual Machine (SVM) and utilizes RDMA and SDN technology to enable seamless, ultra-fast blockchain transactions. Binance has officially announced Solayer (LAYER), the eight project in its HODLer Airdrops program. Claimed to be able to...
SEC’s approval odds for XRP ETFs stand at 65%, influenced by legal challenges and a shift in regulatory stance after court rulings. Due to the SEC recognizing their commodity status, Dogecoin and Litecoin ETFs have higher approval chances, with 75% and 90% odds, respectively. The U.S. Securities and Exchange Commission (SEC) could soon decide to approve...
Analysts predict a 90% chance of SEC approval for a Litecoin ETF by 2025 because it is likely considered a commodity.Other crypto ETFs, such as XRP and Solana, face regulatory hurdles, but more filings are expected as the market evolves. Bloomberg ETF analysts James Seyffart and Eric Balchunas predict that the U.S. Securities and Exchange...
Gumi Inc., a Tokyo-based mobile game studio, plans to invest ¥1 billion ($6.58 million) in Bitcoin to strengthen its digital asset strategy.Inspired by Metaplanet and Strategy, Gumi Inc. aims to integrate Bitcoin into its financial reserves, reflecting a broader trend in Japan. Gumi Inc., a Tokyo-based mobile gaming studio listed on the Tokyo Stock Exchange,...