Economist and prominent gold advocate Peter Schiff recently declared bitcoin to be in a bear market, signaling a downturn despite the increasing traction of spot Bitcoin exchange-traded funds (ETFs). In a series of posts on the social media platform X, Schiff also highlighted that stagflation is cur

Citi has recently published a report placing Brazil at the forefront of digital money initiatives within Latin America, ahead of other key players such as Argentina, Chile, Mexico, and Colombia. The report attributes Brazil’s leadership to a strong backing from the government, a diverse array of dig

Despite subdued anticipation for the new ETF products, an executive from one of the issuers reportedly anticipates that the inaugural issuance of the Hong Kong offerings will surpass the U.S. debut in January.Source: www.kriptoarena.comCryptocurrency markets experienced a broad decline, with Bitcoin

Bankruptcy Judge Ratifies $450M Settlement Deal Between FTX and VoyagerOn April 29, Delaware's U.S. Bankruptcy Court Judge John Dorsey approved a settlement between FTX and Voyager Digital. FTX agreed to give up all claims to $450 million that Voyager had asserted against the exchange, marking a key

1. BTC Market TrendFrom April 25 to 28, the BTC price swung from $62,442.42 to $65,192.07, a 4.4% range. Over the past four days, the overall macroeconomic fundamentals have remained predominantly bearish. On April 24, President Biden proposed the highest capital gains tax in over a century for stoc

Apple is actively searching for a significant tech partnership to advance its artificial intelligence (AI) capabilities, with a particular focus on enhancing the iPhone to keep up with AI-centric competitors. Reports suggest that Apple is in advanced discussions with OpenAI to incorporate generative

As Bitcoin struggles within a tight price range, traders grapple with uncertainty amidst ongoing market dynamics.Source: www.indyturk.comBitcoin attempted a rebound earlier this week but faced strong selling pressure around the $67,000 mark. The leading cryptocurrency, in terms of market capitalizat

Australia Predicts Bitcoin ETF Launch by End of 2024Following the United States and Hong Kong, Australia is preparing to introduce its first Bitcoin ETF. Insiders report that ASX Ltd., the country's primary stock exchange handling about 80% of stock transactions, aims to approve and list the initial

Standard Chartered has adjusted its expectations regarding the approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). Initially optimistic following the SEC’s approval of Bitcoin ETFs in January, the bank has now moderated its outlook for the immedi

Bitcoin bulls cheer negative funding rates, but is it truly a once-in-a-generation buying opportunity?Source: coin-turk.comThe dwindling demand for leveraged buyers in Bitcoin perpetual futures, hitting a six-month low, is seen by some analysts as remarkably bullish. Nonetheless, the BTC futures fun