Bitwise CIO Matt Hougan expects Bitcoin to reach $80K by the end of 2024, influenced by factors such as the U.S. election, Federal Reserve interest rate cuts, and the stability of the crypto market. He also highlights altcoin growth as a possible catalyst for Bitcoin’s surge.
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Category: Cryptocurrencies
Blockchain Association CEO Kristin Smith Slams SEC Over Crypto.com Enforcement: “The Crypto Industry Is Here For Good”
Blockchain Association CEO Kristin Smith has publicly supported Crypto.com’s lawsuit against the SEC, calling it a necessary step to ensure regulatory clarity and protect the future of the U.S. crypto industry. This legal action comes as tensions between the crypto community and regulators continue to rise.
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HBO Documentary Says Peter Todd Is Bitcoin Creator Satoshi Nakamoto
HBO’s just launched Bitcoin documentary, Money Electric: The Bitcoin Mystery, was just released, and it names former Bitcoin developer Peter Todd as Satoshi Nakamoto, Bitcoin’s pseudonymous creator.
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Russia’s ‘Crypto Queen’ Was Handed ‘Suitcases Full of Cash,’ as Prosecutors Wrap Investigation
Russia’s “crypto queen” Valeria Fedyakina, aka “Bitmama,” reportedly accepted “suitcases full of cash” from people who used her “exchange services” to send money abroad.
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HBO Film Suggests Peter Todd is Satoshi, Former Bitcoin Developer Denies Claim
HBO’s documentary Money Electric: The Bitcoin Mystery has stirred controversy by suggesting that early Bitcoin developer Peter Todd is Satoshi Nakamoto, a claim Todd swiftly denied on social media.
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Canary Capital Files for Spot XRP ETF, Days After Bitwise Bid With SEC
Canary Spot XRP ETF will be the firm’s first ETF, offering exposure to the Ripple-issued token.
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Dubai, Switzerland, South Korea Crowned Top Crypto Business Locations in 2024
Dubai, Switzerland and South Korea are ranked top crypto business hubs for 2024, noted for their legal clarity and favorable conditions.
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Crypto Investors Prefer Dollar-Cost Averaging (DCA) Strategy, Kraken Survey Finds
A recent survey has revealed that most crypto investors favor the dollar-cost averaging (DCA) approach when purchasing digital assets.
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Bitcoin Price Analysis: Will $62,000 Support Hold Amid $4.4B Government Sale and SEC Lawsuit?
Bitcoin price hinges on the $62,000 support as the U.S. government prepares to sell $4.4 billion in Bitcoin amid ongoing SEC scrutiny.
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Court Orders Ex-Beverly Hills Attorney to Pay $14M in Restitution to $9.5M Crypto Ponzi Links
David Kagel helped promote the crypto Ponzi scheme by drafting letters on his law firm’s letterhead and sent to victims, creating false investment promises.
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