Hong Kong Launches Second Phase of Its CBDC Pilot Program
The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on…
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Grayscale Investments Submits Revised Application for Spot Ethereum ETF
Grayscale Investments’ Chief Legal Officer announced that the firm has submitted a revised Form 19b-4 for spot Ether exchange-traded funds. The officer, Craig Salm, stated that investors are seeking access…
Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900
Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the…
Standard Chartered Raises Bitcoin Target: BTC Could Hit $150K This Year, $250K Next Year
Standard Chartered has raised its bitcoin forecast, predicting that the cryptocurrency’s price could reach $250,000 next year and $150,000 this year. The bank also adjusted its ether forecast as it…
Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
Binance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded…
Spanish Court Upholds Privacy Watchdog’s Decision to Halt Worldcoin Activities
The Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined…
Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry,…
$100K to $150K — Traders Target Six-Figure Heights With Long-Dated Bitcoin Call Options
Recent data reveals a significant uptick in open interest for bitcoin futures and options across various trading platforms in recent weeks. On Monday, insights from QCP Capital indicated a notable…
Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading…
Predicting Bitcoin’s Bull Run Values: Plan B’s S2F Model and Ledn CIO’s $92,000 Target
As bitcoin hovers around the $67,000 mark on March 18, 2024, there’s still widespread speculation about the potential for its price to climb even higher. The analyst Plan B continues…
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