Over one-fifth of US youth possess cryptocurrency, according to a PolicyGenius study conducted on April 9. This is because younger people invest in cryptocurrency four times more frequently than older generations do. Ages 18 to 26 make up Gen Z, and they have the biggest preference for cryptocurrency over traditional investments: 20% of Gen Z … Read more
Co-founder of BitMEX Arthur Hayes has predicted a huge crypto asset firesale that will be fueled by the impending BitcoinBTC/USD halving and the tactics of the Federal Reserve. Hayes forecasts a period of high volatility for cryptocurrencies in the second part of April. According to him, the Federal Reserve, Treasury, and Bitcoin halving might all … Read more
Recently, the theme ETF company applied for a new ETF to double the performance of inverse MicroStrategy. The US Securities and Exchange Commission (SEC) has received an application from Defiance ETFs, a US registered financial advisor and exchange-traded fund (ETF) sponsor, to introduce a 2x leveraged Ethereum futures ETF. If it is approved, the ETF … Read more
By the end of April, traders in derivatives hope to see higher strike prices for Ethereum. On Monday, Ether (ETH) surged 8% in spot cryptocurrency markets as traders of futures saw a rise in social sentiment and excitement. According to CoinGecko, ether prices have increased by around 8% in the last 24 hours. On April … Read more
According to recent data, the amount of debt owed by young people in South Korea is rising, and many of them are driven to bankruptcy court by their cryptocurrency investments. A report on debt-related cases for the Financial Year 2023 was released by the Seoul Rehabilitation Court on April 5, according to Hankyoreh. The authors … Read more
With Binance’s sudden restriction, many Filipino users are unsure about the future of their cryptocurrency assets. Paolo Ong, an attorney, talked about the impact of the Philippines Securities and Exchange Commission’s (SEC) decision to prohibit the exchange on its customers in a recent interview. There Is No “pointing Out” of Binance The SEC’s PhiliFintech Innovation … Read more
Beijing police have discovered a number of incidents in China involving the unlawful selling of citizen data for cryptocurrency, with a total value of over $282 million. The statement claims that these illicit transactions were carried out using over 10 virtual wallets. Beijing, Shanghai, Zhejiang, and fifteen other cities and regions are among the cases … Read more
Tether caused a stir in the financial industry in 2023 when it reported an incredible $6.2 billion in net income. Teddy Fusaro, president of Bitwise, claims that this individual has fierce competition from major financial institutions like Morgan Stanley and Goldman Sachs. Surprisingly, Tether accomplished this with about a hundred workers, demonstrating an unheard-of degree … Read more
After a BitBoy video claimed that ADA was gone, the co-founder of Cardano is once again fighting false information. In the wake of a wave of criticism directed towards Cardano’s native token and ecosystem, co-founder Charles Hoskinson has his sights set on two significant enhancements for the Cardano network, at least one of which is … Read more
Brad Garlinghouse, the CEO of Ripple, expressed hope for the future of the cryptocurrency business. By the end of 2024, he projects that the entire market capitalization may have reached an astounding $5 trillion. Could US Regulation Lead to a Crypto Market Explosion? The first ever US-based Bitcoin exchange-traded funds (ETFs) and this year’s Bitcoin … Read more