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Bitcoin is a competitor for gold, not the U.S. dollar, Fed Chair Jerome Powell says BNB Breaks All-Time High, Analyst Predicts $1,630 Surge Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve 21Shares becomes second major firm to apply for a spot Solana ETF this week Binance.US secures court approval to invest $40 million in US Treasury bills Best 5 Cryptos Ready to Skyrocket – The Best Buys Before Bitcoin Hits $100,000 XRP Soars To 3-Year High As Whale Activity Fuels Price Surge and Dominance Fundstrat’s Tom Lee Predicts Bitcoin Bull Market Surge Due to Supply Shock Binance, Coinbase come under scrutiny after latest CEX listing fee debate ATFX Connect at FMLS 2024: Showcasing Leadership and Innovation in Finance

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Bitcoin is a competitor for gold, not the U.S. dollar, Fed Chair Jerome Powell says

In This Story While cryptocurrency fans like to float Bitcoin as a possible replacement for the U.S. dollar, Federal Reserve Chair Jerome Powell doesn’t quite see it that way. Suggested Reading AI trip planners will soon be better than human travel agents, Booking Holdings CEO Glenn Fogel said Suggested Reading Speaking at The New York Times ( NYT +1.19% ) DealBook Summit in Manhattan Wednesday, the central banker said Bitcoin is a speculative asset like gold, rather than something comparable to a currency. “It’s just like gold only it’s virtual,” Powell said. “People are not using it as a form...

04.12.2024

BNB Breaks All-Time High, Analyst Predicts $1,630 Surge

You are here: Home / News / BNB Breaks All-Time High, Analyst Predicts $1,630 Surge Binance Coin (BNB) surgеd ovеr 20%, rеаching аn аll-timе high of $784, brеаking rеsistаncе lеvеls. Anаlyst Ali Mаrtinеz projеcts BNB could еxtеnd its rаlly to $1,630 with sustаinеd mаrkеt momеntum. BNB’s Accumulаtion/Distribution linе climbеd to 585.62 million, indicаting strong buyеr intеrеst аnd momеntum. Binance Coin (BNB) еxpеriеncеd а significаnt incrеаsе of morе thаn 20% in thе pаst 24 hours, rеаching а nеw аll-timе high of $784. Thе pricе lеаp brokе through а significаnt rеsistаncе lеvеl thаt hаd pеrsistеd for months, signаling thе еnd of its...

04.12.2024

Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve

What an enormous day it has been today. Gary Gensler officially announced that he is stepping down from his position as Chairman of the Securities and Exchange Commission (SEC), and minutes later, Reuters reported that Donald Trump’s “crypto council” is expected to “establish Trump’s promised bitcoin reserve.” A bitcoin reserve, that would see the United States purchase 200,000 bitcoin per year, for five years until it has bought 1,000,000 bitcoin. Right after both of those, Bitcoin continued its upward momentum and broke $99,000, with $100,000 feeling like it can happen at any second now. It is hard to contain my...

21.11.2024

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Bitcoin is a competitor for gold, not the U.S. dollar, Fed Chair Jerome Powell says

BNB Breaks All-Time High, Analyst Predicts $1,630 Surge

Bitcoin Nears $100,000 As Trump Council Expected To Implement BTC Reserve

21Shares becomes second major firm to apply for a spot Solana ETF this week

21Shares becomes second major firm to apply for a spot Solana ETF this week Assad Jafri · 2 months ago · 2 min read 21Shares is the second major firm to file an application for a spot Solana ETF this week, and the third this month. 2 min read Updated: Jun. 28, 2024 at 11:45 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Asset manager 21Shares has filed for a spot Solana exchange-traded fund (ETF), marking the second such application from a major firm this week. The proposed 21Shares Core Solana ETF is...

Binance.US secures court approval to invest $40 million in US Treasury bills

Binance.US secures court approval to invest $40 million in US Treasury bills Oluwapelumi Adejumo · 4 weeks ago · 2 min read The investment will use certain customer fiat funds. 2 min read Updated: Jul. 19, 2024 at 7:27 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills. Earlier this week, the exchange requested court approval to invest about $40 million in $10 million increments over four weeks. These investments will be...

Best 5 Cryptos Ready to Skyrocket – The Best Buys Before Bitcoin Hits $100,000

The cryptocurrency market has seen a significant surge, with Bitcoin nearing the $100,000 milestone, sparking widespread excitement across the sector. The total market capitalization for blockchain technology recently surpassed $3 trillion, marking a pivotal development in the industry. As Bitcoin maintains its leading position, many analysts predict a shift in market dynamics where its dominance may diminish, creating opportunities for lower and mid-cap coins, along with established altcoins, to experience substantial growth. 1. BlockDAG Network (BDAG) BlockDAG is currently conducting a highly successful presale of its BDAG coins, having raised over $122 million to date. The presale is structured into...

XRP Soars To 3-Year High As Whale Activity Fuels Price Surge and Dominance

You are here: Home / News / XRP Soars To 3-Year High As Whale Activity Fuels Price Surge and Dominance XRP hits a 3-year high of $1.2679 on Binance, fueled by whale wallets acquiring 453.3M tokens in just one week. Retail traders sell off 75.7M XRP, creating an opportunity for large investors to buy at discounted prices. XRP dominance could rise from 10% to 20%, with price predictions reaching up to $17.54 per token by cycle’s end. XRP has soared to an unprecedented high within the last three years as the digital currency keeps on rising. The digital asset trading...

Fundstrat’s Tom Lee Predicts Bitcoin Bull Market Surge Due to Supply Shock

Tom Lee, CIO of Fundstrat Capital, a financial research firm, has predicted that the bitcoin bull market will continue in December and announced that the first cryptocurrency will reach “well over $100,000” by year-end. Tom Lee Forecasts Bitcoin Reaching $100,000 By Year’s End in All-Asset-Encompassing Bull Market The bull market predictions for bitcoin prices keep coming. Tom Lee, CIO of Fundstrat Capital, described by some as a bitcoin permabull, predicted that the ongoing crypto bull market would accelerate its rhythm in the last four weeks of 2024. In a recent interview on CNBC’s Squawk Box, Lee stated that the demand...

Binance, Coinbase come under scrutiny after latest CEX listing fee debate

Journalist Share this article Simon Dedic accused Binance of charging high listing fees Industry leaders have made similar claims against Coinbase in the past A recent revelation from Simon Dedic, CEO of Moonrock Capital, has ignited a debate over the costs and accessibility of centralized exchange (CEX) listings. In a post on X, he recounted a conversation with a “Tier 1” project that had raised nearly nine figures, only to find itself at an impasse with Binance . The project received a listing offer, but with a catch – Binance requested 15% of the total token supply in return. The...

ATFX Connect at FMLS 2024: Showcasing Leadership and Innovation in Finance

2024-11-22T11:07:10.533+02:00 F r i d a y , 2 2 / 1 1 / 2 0 2 4 | 0 9 : 0 7 G M T by FM ATFX Connect is shaping the future of trading and fintech on a global scale. Finance Magnates London Summit (FMLS) 2024, held from November 18-20, 2024, gathered leading figures in finance and fintech at Old Billingsgate, London. Among the participants, ATFX Connect stood out by actively contributing to panels and discussions, showcasing its leadership and insights on the future of trading, innovative financial solutions, and emerging fintech trends. Networking Blitz at FMLS...