[ad_1] As Bitcoin carves out a position in the world’s financial landscape, recent events in the US have given it a bright future. At least, this is what an analyst at H.C. Wainwright & Co. sees. Mike Colonnesse offered a weekly study on July 30 outlining several positive elements driving the Bitcoin and BTC mining sector including institutional momentum, expected legislative reforms, and political endorsement. Trump’s Agenda On The Market The expert detailed former President Donald Trump’s crucial position in crypto. Trump, currently running as a Republican, discussed his cryptocurrency idea at Bitcoin 2024. One of his goals is to…
Author: dfrancis36
[ad_1] The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that seek EU authorization for activities such as crypto brokerage while keeping significant parts of their operations, such as intra-group execution venues, outside the EU’s regulatory framework.EU Brokers Routing Orders ConcernsESMA highlights concerns about the complex structures of global crypto firms. These structures may involve an EU-authorized broker routing orders to an execution venue located outside the EU. Such arrangements could undermine consumer protection…
[ad_1] BTC Inc., the leading provider of Bitcoin-related news and events, is excited to announce that after this year’s successful Bitcoin 2024 event, which brought over 22 thousand attendees to Nashville, The Bitcoin Conference, the world’s largest and most prestigious gathering of the Bitcoin industry, will take place in Las Vegas from May 27-29, 2025. The decision to move the conference to Las Vegas underscores the organizers’ efforts to celebrate Bitcoin in one of the fastest-growing, forward-thinking, and Bitcoin-friendly cities in the world. “We’re excited to welcome The Bitcoin Conference to Nevada in 2025,” said Joe Lombardo, Governor of Nevada. “The…
[ad_1] The Elliot Wave theory has become very popular among Bitcoin analysts, given its effectiveness in helping to estimate where the cryptocurrency’s price is headed next. Using this same theory, pseudonymous crypto analyst XForceGlobal has estimated what could happen next for the Bitcoin price. Elliot Wave Theory Points To A Recovery In the analysis posted on TradingView, XForceGlobal used the 5-wave Elliot Wave theory to predict further upside for the Bitcoin price. The chart maps out the waves and subwaves, all of which carry various implications for the Bitcoin price. Related Reading The crypto analyst points out that the subwaves…
[ad_1] Company Name: TheyaFounders: Sriram Bhargav Karnati, Smeet Bhatt and Vikas ChoudharyDate Founded: December 2023Location of Headquarters: San Francisco, CAAmount of Bitcoin Held in Treasury: “It’s significant.”Number of Employees: 7Website: https://www.theya.us/Public or Private? PrivateSriram Bhargav Karnati believes that top-notch security and usability are not mutually exclusive when it comes to managing your bitcoin.So, he and his co-founders at Theya have built a multsig bitcoin vault — a mechanism that requires multiple participants to sign off on a Bitcoin transaction — that users can conveniently manage from their mobile devices.“Our mission is to make self-custody easy for everybody,” said Karnati.“If you…
[ad_1] BNB has demonstrated significant bullish momentum, with a positive candlestick crossing the 100-day Simple Moving Average (SMA) in the 4-hour timeframe. The previous market scenario reveals that the digital currency has faced multiple rejections at the $572 level. This persistent resistance has cleared a path for the bulls to take charge and drive the price higher aiming at the $605 resistance level. As market dynamics shift, the key question is whether BNB can continue its current upward trend and hit the new target of $605. In this article, we will analyze the recent price movements of BNB using technical…
[ad_1] Render investors and traders continue their sell-off, following the broader market’s bearish attitude. After weeks of continuous bullish action, CoinGecko data shows that the market is down a few percent, translating to losses in the altcoin market. Related Reading Although the environment brought gains to a number of tokens, it dragged several tokens, like Render, to the ground. The latest market data shows that the latter is down in almost all timeframes, with the biggest loss in the monthly timeframe at nearly 25%. This presents a big question to investors and traders whether Render will continue its downward spiral.…
[ad_1] In a recent flare-up on X, notable voices from both the Ethereum and Solana communities clashed over various criticisms directed at the Solana blockchain. Flip Research, a X handle aligned with pro-Ethereum viewpoints, outlined several perceived flaws in SOL’s architecture and operation, raising questions about the blockchain’s reliability, usability, and future potential in institutional settings. Flip Research cited concerns about Solana’s network stability, pointing to “numerous outages” and a “high rate of failed transactions” as key weaknesses. The research entity also critiqued the Solana blockchain for being centralized and the explorer for its user-unfriendliness, as well as the use…
[ad_1] Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below $68,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $66,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start a fresh increase if it clears the $66,500 resistance zone. Bitcoin Price Revisits Support Bitcoin price extended losses below the $66,500 support…
[ad_1] The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited “three people with knowledge of the matter.” The reported figure is a massive drop from the $9 billion valuation the company sought in its failed SPAC deal in 2022.Valuation Must Not Drop $5BThe report further outlined that early-stage investors or Circle employees are mostly liquidating their holdings in the company in the secondary markets. Interestingly, Circle, which is planning to go public in the US with…