Category Archives: News

Economist Alarms the Fall of the Dominance of US Dollar Is Inevitably Arrival The acclaimed Economic Analyst, Stephanie Pomboy, recently triggered an alarm about the imminent collapse of the supremacy of the US dollar. She accentuated that policymakers in the US, inclusive of the current Biden administration, seem to be oblivious to this impending reality.Continue reading “Expert Economist Predicts The Imminent Fall of US Dollar Dominance”

Anticipation of Spot Bitcoin ETFs by Ark Invest CEO, Cathie Wood, To Surge BTC Price Cathie Wood, the trailblazer at the helm of Ark Investment Management, predicts a significant swell in the price of Bitcoin, driven primarily by the widespread institutional integration of spot Bitcoin exchange-traded funds (ETFs). This comes on the heels of anticipatedContinue reading “Ark Invest CEO Cathie Wood Predicsts Bitcoin ETFs Could Substantially Raise BTC Price”

Unveiling In-Kind and Cash Spot Bitcoin ETFs in Hong Kong Investors in Hong Kong are in for a treat as their financial watchdog proposes a unique approach towards spot bitcoin ETFs. The regulator has put forth regulations favoring both in-kind and cash creation models for these ETFs, in stark contrast to the approach from theContinue reading “In-Kind Spot Bitcoin ETFs Soon to be Approved by Hong Kong Regulator”

The Bold Move by Grayscale Investments towards a Cash Creation Model In an unexpected turn of events, Grayscale Investments opted for a cash creation model with the proposal of its spot bitcoin exchange-traded fund (ETF), straying from the conventional in-kind model. Nevertheless, Grayscale’s transition does not come without perceived risks. The company shared apprehensions aboutContinue reading “Grayscale Switches to Cash Model for Bitcoin ETF Despite Potential Negative Outcomes”

Tesla Chief, Elon Musk Loses Interest in Cryptocurrency Elon Musk, the tech tycoon and the CEO of companies like Tesla and SpaceX, recently revealed he does not devote much of his attention to cryptocurrency. During an interview with Cathie Wood, the CEO of Ark Invest, Musk clarified his current opinion on Bitcoin and its potentialContinue reading “Elon Musk Admits Not Spending Much Time Contemplating Cryptocurrency”

Impact of Seizing Russian Assets on Dollar Hegemony, Warns Economics Laureate Robert Shiller Robert Shiller, an esteemed economist and Nobel laureate, recently expressed grave concerns about the potential shockwaves that could hit the dollar-centric financial system, should Western nations proceed to seize Russian assets. Shiller cautions that such an act could lead to unpredicted outcomes,Continue reading “Nobel Laureate Robert Shiller Alerts: Seizing $300B Russian Assets May Trigger a Dollar System Crisis”

Expectation of Bitcoin Price Reaching $250,000 in 2024 by Tim Draper Tim Draper, who is a notable venture capitalist, has reiterated his prediction about the future price of bitcoin. Draper is confident that the value of the cryptocurrency will soon reach the $250,000 mark. He further surmised that if the predicted increase occurs, the priceContinue reading “Bitcoin is Predicted to Reach a $250,000 Value by 2024, According to Tim Draper”

Recently, Coinbase, a well-known crypto exchange listed in Nasdaq, briskly retaliated against allegations put forth by US Senator Elizabeth Warren. The Senator accused Coinbase of hiring veterans of national security to combat her proposed laws. However, Coinbase has labelled these claims as baseless and a deliberate misrepresentation of the company’s goals and efforts. Reaction FromContinue reading “Coinbase Refutes Senator Elizabeth Warren’s Claims, Asserts Accusations Are Baseless”

The Impact Of CryptoLaws In Latin America Exciting advances in cryptocurrency laws are taking place in Latin America. El Salvador and Argentina have recently implemented notable legislation related to cryptocurrencies. El Salvador Enacts Bitcoin Citizenship Law In an unprecedented move, El Salvador’s government has approved a law that allows foreign investors to attain Salvadoran citizenship.Continue reading “Breaking Bitcoin News: El Salvador Embraces Bitcoin Citizenship Law and Argentina Enables Crypto-Based Contracts”