JPMorgan: We Are Bullish on Digital Assets Into 2025

October 18, 2024 Bitcoin.com

Bitcoin

Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

SEC Officially Appeals XRP Ruling — Will the Court Reverse Ripple’s Win?

October 17, 2024 Bitcoin.com

bitcoin.com

The U.S. Securities and Exchange Commission (SEC) has officially appealed the XRP ruling by Judge Analisa Torres, reigniting the legal battle over whether XRP sales on crypto exchanges qualify as securities. The regulator challenges key aspects of the court decision, including rulings that cleared Ripple executives and non-cash XRP distributions. The outcome could have a […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments

October 17, 2024 Bitcoin.com

bitcoin.com

Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to physical gold, skyscrapers, and virtual staking pools. Now, affected individuals have 90 days to file claims, with promises of refunds for all deposited funds or […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

October 17, 2024 Bitcoin.com

bitcoin.com

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

DTCC launches digital sandbox to innovate capital market infrastructure

October 16, 2024 Coin Telegraph

Coin Telegraph

The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.

The Depository Trust and Clearing Corporation (DTCC) has a sandbox.

The DTCC Digital Launchpad will be an open ecosystem where market participants and technology providers can launch pilots that will have a clear path to production. This comes after a successful proof-of-concept led by the Japan Securities Clearing Corporation (JSCC).

The DTCC has invited a group of participants to the Digital Launchpad to develop initiatives that address critical collateral management pain points and lead to scalable solutions. Their results will be publicized in the first quarter of 2025.

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP

October 16, 2024 Bitcoin.com

Ripple Invests M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP

Bitcoin

Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial’s approach to bringing offshore trading models into the U.S. derivatives industry presents a significant market opportunity, […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

October 16, 2024 Bitcoin.com

Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to ,800

bank

Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising Treasury yields, growing interest in bitcoin ETFs, and Trump’s improving election odds are key factors driving this potential rally, supported by increasing institutional inflows and […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind

October 15, 2024 Bitcoin.com

Bitcoin

Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want to be left behind if and when crypto takes off,” he stressed. “There is a lot of dry powder on the sidelines.” He predicted: “As […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

October 15, 2024 Bitcoin.com

Altcoins

The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days. In a parallel development […]

Bitcoin Flashing Bullish Reversal Signal, According to Trader That Nailed 2024 Pre-Halving BTC Correction

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

October 15, 2024 Bitcoin.com

bitcoin.com

Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]

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