Blockstream CEO Says “JPEGs” On Bitcoin Will Force Innovation, What Happens Next?

Adam Back, CEO of Blockstream, a blockchain firm developing the Lightning Network, a layer-2 solution for Bitcoin, believes that prohibiting non-fungible tokens on Bitcoin would be futile. Taking to X on Dec. 17, the CEO said those complaining “can’t stop JPEGs” on the world’s most valuable network, adding that those who try to stop them “will … Read more

Ethereum Price Restarts Increase But Can Bulls Turn It Into Rally?

Ethereum price is recovering losses from the $2,120 support. ETH is up over 3% and the price could gain pace if it clears the $2,250 resistance. Ethereum is moving higher from the $2,120 support zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish … Read more

Bitcoin Soared 150% in 2023 But These Companies Did Even Better: Matrixport

In a notable shift within the crypto landscape, a recent report from Matrixport, a prominent financial services firm, has provided valuable insights into the performance of publicly listed digital asset companies. The report has revealed that these entities have outperformed Bitcoin in terms of year-to-date returns. Bitcoin Soars 150% as Crypto Firms Surge by 266% … Read more

Spanish Police Crack Down On Crypto-Based ISIS Funding Operation

Spanish police successfully dismantled a network involved in financing ISIS through crypto transactions, resulting in the arrest of five individuals over the weekend. The operation, part of a two-and-a-half-year investigation, targeted individuals allegedly connected to the terrorist organization known as DAESH or ISIS.  The arrests were made in Valencia (2), Cáceres, Alicante, and Guipúzcoa. Four … Read more

Ripple CEO Calls For Industry Collaboration To Support Pro-Crypto Candidates In 2024 US Election

In a year marked by regulatory pressure on the crypto industry, Ripple CEO Brad Garlinghouse has renewed his call for industry cohesion to rally behind pro-crypto candidates in the upcoming 2024 US presidential election.  Garlinghouse emphasizes the urgent need to counter the anti-crypto and anti-innovation stance the Biden administration took, particularly about blockchain technology. Ripple … Read more

Rising Liquidity Will Push Bitcoin To Over $200,000 In Less Than 5 Months: What It Means

According to Dan Tapiero, Managing Partner at 10T Holdings, the Bitcoin and crypto market is on the verge of a major transformation, with the world’s most valuable coin likely to soar to over $200,000 by May 2024. Citing data by Raoul Paul, the CEO of Real Vision, Tapiero suggests that traditional money managers must take notice and … Read more

Bitcoin Price Rallies 5% But Key Breakout Resistance Is Still Intact

Bitcoin price jumped from the $40,500 support zone. BTC is up over 5% but the bears are still defending the $43,500 resistance zone. Bitcoin started a strong increase from the $40,500 support zone. The price is trading above $42,000 and the 100 hourly Simple moving average. There was a break above a major bearish trend … Read more

Bitcoin Faces $33M Exodus As Altcoins Shine

The crypto investment landscape has experienced a notable shift recently, as digital asset investment products saw their first net outflows in 11 weeks. This development was predominantly led by Bitcoin, which had previously enjoyed a consistent inflow into various crypto funds. In a recent report by CoinShares, a leading digital asset management firm, last week … Read more