RUSSIA’S CRYPTO BILL ADVANCES

In a strategic move to mitigate Western sanctions and bolster international trade, the Russian parliament has advanced two key crypto-related bills in the first of three readings. These laws aim to permit the use of cryptocurrency for international trade and…

BIDEN’S 2024 EXIT TRIGGERS CRYPTO MARKET SHAKEUP

On July 21, 2024, President Joe Biden’s unexpected withdrawal from the 2024 presidential election triggered a significant but short-lived dip in the cryptocurrency market. Nearly $67 million of leveraged long positions in the crypto space were liquidated. This rapid liquidation…

ETHEREUM ETF COUNTDOWN: WHAT TO EXPECT?

The cryptocurrency market is buzzing with anticipation as spot Ether (ETH) ETFs are set to begin trading on July 23, according to Reuters sources. This significant development marks a key milestone for Ethereum and the broader crypto market. As Wall…

BITCOIN AS A POTENTIAL CURRENCY ON MARS?

Elon Musk, the entrepreneur behind SpaceX and Tesla, has consistently pushed the boundaries of human innovation. His musings about Bitcoin potentially being used as a currency on Mars have sparked considerable interest. Despite initial skepticism, Musk’s evolving thoughts suggest a…

BITCOIN ETFS: RIDING THE WAVE OF GROWTH

Bitcoin Exchange Traded Funds (ETFs) have recently captured significant attention in the financial markets, reflecting robust investor confidence. Over the past five trading days, Bitcoin ETFs have experienced sustained inflows, reaching a cumulative total of $15.5 billion. As highlighted by…