Bitcoin’s next halving could spell a surge in price as demand outpaces supply
Bitcoin’s next halving could spell a surge in price as demand outpaces supplyMarket dynamics shift as Bitcoin approaches crucial 2024 supply halving.
Happy Monday!The global crypto market cap is $1.64 trillion, with a 24-hour volume of $42.64 billion. The price of Bitcoin is $42,593.32, and BTC market dominance is 51.1%. The price of Ethereum is $2,294.70, and ETH market dominance is 16.9%. The best-performing sector is Transportation, which gained 10%. The Crypto Fear & Greed Index is currently Greed (60). Top News
Bitcoin’s next halving could spell a surge in price as demand outpaces supplyMarket dynamics shift as Bitcoin approaches crucial 2024 supply halving. FTX files motion to offload $1.4 billion stake in AI startup AnthropicThe move is a key component of FTX's comprehensive plan to liquidate holdings and marshal resources to repay customers and creditors. Trump calls CDBCs “very dangerous” and labels the power of AI “scary”Trump said that CBDCs could be "very dangerous" but the biggest danger of our time is the proliferation of AI. Hacked crypto funds falls 98% YoY to $1.9 billion as US leads attacks: ReportHacken reports blockchain security sees significant progress with a dramatic reduction in crypto hack losses in 2023. Latest Insights
More NewsHong Kong sets deadline for crypto exchange licensing applications or face shutdownHong Kong has licensed only two crypto trading platforms for traders in its region. Montenegro deports former Terraform Labs CFO to South Korea amid fraud allegationsDo Kwon and Han Chang-joon were arrested last March for attempting to travel with fake documents. US handles 99% of global crypto product inflows as $708 million enters market$703 million invested in Bitcoin ETPs with Solana second highest at $13 million.
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Why governments should regulate stablecoins instead of developing CBDCs
Sunday, February 4, 2024
CryptoSlate's latest report dives deep into the benefits of stablecoin regulation to explore why it would serve both private and public interests better than CBDCs.
Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns
Saturday, February 3, 2024
JPMorgan warned that Tether's USDT dominance might be a risk for the emerging industry.
Grayscale’s Bitcoin Trust marks lowest outflow since trading inception
Friday, February 2, 2024
Bitcoin ETF landscape: BlackRock leads with $3B in net inflows.
BlackRock wants to project Bitcoin ETF ads onto former banks, filing says
Thursday, February 1, 2024
The asset manager submitted its plans to securities regulators today.
VanEck CEO says tokenization of real-world assets faces two major hurdles
Wednesday, January 31, 2024
VanEck CEO identifies liquidity and regulatory clarity as main obstacles to the tokenization of real-world assets.
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