JPMorgan Upgrades COIN To Neutral Due To Crypto Market Rally
Coinbase (COIN) is up 37% since JPMorgan downgraded the stock last month.JPMorgan has boosted its outlook on Coinbase stock (COIN) from “underweight” to “neutral” after following a better-than-expected crypto market…
Blackrock’s Bitcoin ETF Holdings Near 110K BTC
Blackrock has amassed nearly 110,000 bitcoins for its spot bitcoin exchange-traded fund (ETF), Ishares Bitcoin Trust (IBIT), since its launch about a month ago. The world’s largest asset manager’s bitcoin…
Congressman Grills Treasury on Incorrect Reporting of Crypto Terror Financing
Republican Congressman Tom Emmer has questioned the U.S. Department of Treasury Undersecretary about erroneous terrorism and financial intelligence reporting.Brian Nelson was grilled during a House Financial Services Committee hearing providing…
“Bitcoin Is the Digital Powerhouse”, Says Microstrategy Founder Saylor
“Bitcoin is the digital powerhouse”, says MicroStrategy Founder Saylor BITCOIN NEWSMicroStrategy’s Bitcoin reserves surge, strategic shift in investments.Founder Saylor champions Bitcoin as a digital transformation of capital.MicroStrategy, the prominent business…
Bitcoin Stays at $52K. Is a BTC Correction Coming Soon?
Investor sentiment has turned bullish, with growing interest in call options priced above $60,000. Recently, Bitcoin (BTC) has broken through the $52,000 barrier, fueled by sustained interest from institutional traders…
Uniswap Announces V4 Upgrade and Launch But Its ‘Hooks’ Raise Questions
The Uniswap Foundation has revealed that the highly-anticipated version 4 of the decentralized exchange will likely launch in Q3, of 2024.In a post on X on Feb. 15, the Uniswap…
Tron’s Justin Sun Announces Plans for Bitcoin Layer 2 Solution
TRON’s Bitcoin Layer 2 solution ultimately seeks to ensure interoperability across blockchains, while increasing speed and boosting security. Tron Founder Justin Sun revealed the protocol’s ambitious Bitcoin Layer 2 roadmap…
Bitcoin Climbs Above $52K, Yet Public Interest Shows Decline.
As bitcoin’s value surged to $52,545 this week, the fascination with it appears subdued, with Google Trends indicating a low level of interest. Currently, global metrics from the last 90…
Solana Mobile Processed Over $20 Million in Payments Using USDC With No Processing Fees
Solana Mobile, Solana Labs’ smartphone subsidiary, processed over $20 million in payments in alliance with Shopify and USDC, the second-largest dollar-pegged stablecoin. Anatoly Yakovenko, a co-founder of Solana Labs, explained…
U.S SEC Faces Backlash as DEBT Box Challenges Case Dismissal
Last year, the SEC filed a lawsuit against DEBT Box, alleging a fraud scheme.Last month, the SEC announced its intention to dismiss the action without prejudice.The U.S Securities and Exchange…