US

Standard Chartered Bank predicts a new all-time high for Bitcoin by August and a whopping $100,000 price tag by November, driven by political developments and the U.S. presidential election. Optimistic Bitcoin Price Prediction Standard Chartered Bank's head of forex and digital assets research, Geoffrey Kendrick, has forecasted that Bitcoin's price could reach a new all-time high by August, followed by a surge to $100,000 by the U.S. presidential election in November. This optimistic prediction reflects the bank's analysis of current…

Northern Data AG is planning a $16 billion U.S. IPO to expand its AI cloud and data center units, aiming to capitalize on the growing demand for digital infrastructure. The company is collaborating with Tether for chip acquisitions and may sell a minority stake to investors before the IPO. In line with an earlier CNF update, Reddit disclosed investments in Bitcoin and Ethereum in its IPO filing, signaling a strategic move to utilize excess cash for crypto investments. According to…

The post US Govt Transfers $12M Ethereum, Bitcoin-Like Selloff Coming Up? appeared first on Coinpedia Fintech News The US government has transferred a massive $12M worth of Ethereum, sparking speculations of a sell-off like Bitcoin. The transfer comes ahead of the much-awaited spot Ethereum ETF approval. It transferred 3,375 Ethereum, valued at approximately $11.75 million, to an unidentified address on Monday. The movement of a substantial amount of Ethereum has led to concerns that the US government might be preparing…

21Shares follows VanEck’s lead in filing for a Solana ETF in the US. The move underscores growing optimism for Solana amidst evolving crypto regulations. In line with VanEck’s filing for the first Solana ETF in the US, as reported earlier by CNF, 21Shares has also submitted an application for a Solana ETF in the US. The 21Shares Core Solana ETF aims to provide investors with a convenient and cost-effective method to gain exposure to Solana without directly investing in the…

The post Hong Kong’s Crypto License Promotes Inclusive Crypto Trading Unlike US’ Coinbase appeared first on Coinpedia Fintech News Lu Tingkuang of HKbitEX has highlighted Hong Kong’s regulatory framework that stands out for its inclusivity which allows trading cryptocurrencies and security tokens under a single license. This contrasts with limited regulations in other jurisdictions like the US, where players like Coinbase can only handle cryptocurrency transactions. Hong Kong has already exhibited a commitment to innovation in financial instruments. The Hong…

The post Vitalik Buterin Expresses Strong Criticism Of US Crypto Regulation  appeared first on Coinpedia Fintech News Vitalik Buterin has expressed strong criticism of the current US crypto regulations framework arguing that cryptocurrencies are unfairly targeted. He highlighted that the primary issue with crypto regulations is that the system favors assets with unclear promises of potential returns over those with transparent and well-defined financial expectations. He underscored that projects offering clear explanations of expected returns and customer rights are more…

In the ever-evolving cryptocurrency landscape, identifying potential high-return investments is crucial for those aiming to become the next crypto millionaires. Recently, experts have highlighted Bonk (BONK) and Mpeppe (MPEPE) as must-hold tokens for significant future gains. This article delves into why holding these two cryptocurrencies can be a game-changer, with a particular focus on the unique attributes of Mpeppe (MPEPE). The Significance of Mpeppe (MPEPE) in the Crypto Market Mpeppe (MPEPE) has swiftly gained prominence in the crypto market due…

VanEck has submitted an application to the SEC to launch the first spot Solana ETF in the United States, aiming to expand its cryptocurrency investment products and capitalize on Solana's blockchain utility.  After ETH, BTC, Now SOL ETF VanEck, a notable pioneer in the cryptocurrency exchange-traded fund (ETF) market, has recently taken a significant step in its crypto ETF journey by filing an application for a Solana ETF with the U.S. Securities and Exchange Commission (SEC). The firm submitted an…

Hersham, United Kindom, June 28th, 2024, Chainwire Elastos Partners with BEVM for Bitcoin Native Peer-to-Peer Loans. Partnership aims to unlock up to $1.3 trillion of dormant Layer 1 Value, as US consumers get excited about the 3rd Age of Bitcoin Elastos, the SmartWeb ecosystem provider, has announced a partnership with the L2 provider, BEVM, to develop a peer-to-peer Bitcoin-denominated loan offering around the former’s BeL2 protocol. Together the companies believe they can unlock up to $1.3 Trillion of dormant Layer…