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Anthony Scaramucci says a “million dollar Bitcoin” will come down to a SWF saying, “Ok, this is part of the infrastructure of the world’s financial services.” Sovereign Wealth Funds are already gaining exposure to Bitcoin, but significant allocations won’t happen until the United States establishes clearer regulations for the digital assets industry, says SkyBridge founder…
Michael Saylor says those “less committed” to Bitcoin took the opportunity to exit the market after Bitcoin’s price surged. Strategy founder Michael Saylor says Bitcoin hasn’t reached $150,000 yet because holders without a long-term outlook have been selling off while a new cohort of investors are beginning to enter the market. “I think we’re going…
US Securities and Exchange Commission Commissioner Caroline Crenshaw says if approved, the settlement with Ripple would join the long line of dismissals that is slowly eroding the credibility of SEC lawyers in court. A crypto-skeptical commissioner at the US Securities and Exchange Commission has blasted her agency over its settlement letter that could finally end…
Pro Bitcoin traders might use bullish options strategies to build pressure on short sellers. Key takeaways: 97% of the $8.3 billion in Bitcoin put options expire worthless at a $102,000 BTC price. Short covering above $105,000 could trigger a Bitcoin price rally to new highs. Read more If you liked the article, do not forget…
The impact of positive Bitcoin-related legislative and regulatory progress finally trickles down to BTC price as the top cryptocurrency rallies above $101,000. Key takeaways: Bitcoin rallies to $101,707 against a backdrop of strong fundamentals in the regulatory and traditional finance space. Traders are confident that $100,000 will hold as support. Read more If you liked…
Unlike the previous $100,000 hits, the new price spike came as Bitcoin market dominance surged above 60%, reflecting more bullish BTC sentiment. Bitcoin has reclaimed the $100,000 price level for the first time since January, reflecting renewed bullish sentiment among investors. Bitcoin (BTC) reclaimed the $100,000 mark on May 8 at 3:22 pm UTC, surging…
The co-founder of Sweat said he prioritizes making multichain DeFi accessible to millions through simple actions like walking and using its wallet. Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance…
Doodles NFT sales volume nearly doubles in 24 hours, climbing to over $1.1 million as traders anticipate the project’s token airdrop and memecoin launch. Doodles’ non-fungible token (NFTs) sales surged by 97% in the last 24 hours as digital collectible traders anticipate the project’s token generation event and airdrop. On May 8, data from CryptoSlam…
StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks. The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to…
Bitcoin’s price wobbled after the Federal Reserve kept interest rates unchanged but bounced back and reclaimed $98,000 shortly after. Bitcoin has reclaimed $98,000 for the first time in almost three months after the US Federal Reserve said it would keep interest rates the same for another month. The Fed’s decision to keep interest rates unchanged…