JPMorgan Expects Silver Prices to Soar in 2025
JPMorgan, one of the largest investment banks, has predicted that silver prices will soar in 2025, led by different factors including an increase in demand from the expected monetary shifts and silver’s value as an inflation hedge. The price action, expected to reach $36 per ounce, will also be aided by supply constraints. JPMorgan Expects […]
Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine
Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling it to pay a $220 million fine contains multiple inaccuracies and misrepresents how the platform operates. The fine […]
Grayscale’s ETHE Hemorrhages $2 Billion in Just 9 Trading Days
On Friday, U.S. spot ethereum exchange-traded funds (ETFs) faced $54.27 million in outflows, a stark contrast to Thursday’s net inflow of $26.7 million, as indicated by recent data. Meanwhile, Grayscale’s Ethereum Trust (ETHE) has seen a reduction of over $2 billion in ethereum since July 23. U.S. Ether ETFs Shed $54.27 Million on Friday The […]
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position the U.S. as a global leader in financial innovation. Senators […]
QCP Capital: Bitcoin Price Drop Due to Supply Surge and Macroeconomic Woes
QCP Capital has reported a significant reversal in the crypto market, with bitcoin (BTC) prices retracing from recent highs. This shift comes amid an influx of bitcoin supply and worsening macroeconomic conditions. QCP Analysts Highlight Market Correction Driven by Bitcoin Supply Surge and Bearish Macro Sentiment In its recent market note, QCP Capital observed that […]
Analysts Bullish on WienerAI as it Crosses $9M in ICO 2 Days Ahead Of DEX Launch
WienerAI (WAI) has proven to be one of the biggest crypto projects of the summer, with investors flocking to the token as the presale draws to a close. With WAI raising over $9 million ahead of its initial DEX listings on Monday 5th August, excitement is building around this new AI meme coin. Last Chance […]
Indian Court Reaffirms Legality of Cryptocurrency, Grants Bail to Yes World CEO
The Orissa High Court in India has reaffirmed that cryptocurrency trading and transactions are neither banned nor deemed illegal in India. Citing the legality of crypto, the court granted bail to Sandeep Chowdhury, CEO of Yes World, who was accused of defrauding investors through a Ponzi scheme disguised as a cryptocurrency business. Orissa High Court […]
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging for bitcoin miners, as earnings hit their lowest […]
The Open Summit Set to Transform Asia’s Web3 Landscape as the largest TON event this Summer
PRESS RELEASE. Taipei, Taiwan —The Open Summit, the largest TON summit this summer, is set to be a landmark event for the global TON community. Powered by TONX and supported by the global TON community, the summit will take place from August 6-8, 2024, at the Taipei Nangang Exhibition Center TaiNEX2, as a part of […]
Polymarket Bets Big on Josh Shapiro: Is He Kamala Harris’s Secret VP Pick for 2024?
Based on Polymarket predictions, Pennsylvania Governor Josh Shapiro is currently favored to be Kamala Harris’s Vice Presidential pick for her 2024 U.S. presidential campaign. Polymarket participants currently give Shapiro a 72% likelihood of being chosen as the running mate. Betting Markets Show Josh Shapiro Poised to Be Kamala Harris’s VP As of now, Kamala Harris […]
