The odds increased ahead of Biden’s first press conference in months this evening U.S. time. Concerns about his age and cognitive health have led to widespread calls among prominent Democrats and donors, including actor George Clooney, for the president to step aside, despite his insistence he is staying in. Source
Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing […] Source CryptoX Portal
During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […] Original
Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview will serve as a platform for developers to reach 10 million users across 160 countries, starting to build apps before […] Source CryptoX Portal
The Shiba Inu price and where it could be headed has long been a bone of contention among analysts. While some see the meme coin struggling for the foreseeable future, others expect the coin to resume its rally and actually reach a new all-time high. A new Forbes report falls in the latter category, expecting a significant surge in price towards new highs. Shiba Inu Price To Reach New ATH In the Forbes report, the Shiba Inu token is lauded for its development and growing utility, pushing it to become…
The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that his attempts to advertise on the social media platform X (formerly known as Twitter) have been blocked. This raises questions about potential censorship and the influence of powerful entities behind the scenes. Mr. Black has garnered global attention with his mysterious posters and stickers in cities like Jerusalem, Rome, Mexico City, Paris, and Tel Aviv. His bold claim that the Messianic Age will be revealed once his entire…
German authorities sold 10,567 BTC worth $600 million today, significantly contributing to an 18% drop in Bitcoin’s price over the past month, alongside sell-offs from Mt. Gox and Genesis Trading. As of 1:00 p.m. EST, Thursday, July 11, the wallets linked to German authorities hold a remaining 4,925 BTC, currently valued at $285 million. This marks more than a 90% decrease in BTC held, down from the 50,000 BTC worth nearly $3 billion when they started selling the assets three weeks ago. BTC has corrected roughly 18% since Germany began…
Eshniyozov Shohjaxon Akmal Ogli, the inspiring Forex trader known as “Brother” within the sector, has one of the best background stories across the Forex markets. The Trader, nicknamed The Wolf of Uzbekistan, has quickly become a legend whose career began in 2012. Related Reading Shohjaxon is an example of a self-made man and one of the few with the self-tough skills to turn the financial markets’ opportunities to his advantage. This is his story. EURO trades to the upside on the daily chart. Source: EURUSD on Tradingview Forex Legend, The…
The judge took specific issue with Coinbase requesting documents from Gensler predating his term as chair of the regulatory agency. Kevin Schwartz, an attorney with Wachtell, Lipton, Rosen & Katz representing Coinbase, said the agency has refused to even discuss the totality of the documents Coinbase might have, but that Gensler’s communications were relevant to the case. Source
Bitcoin is not expected to retest its record until later this year, but data shows this correction could get uglier before a recovery begins — similar to how the cryptocurrency fared between two all-time highs in 2021. A bitcoin valuation indicator, CryptoQuant’s Bitcoin Profit and Loss Index, is currently hovering around its own 365-day moving average. This key threshold helps traders determine whether bitcoin is in a bull or bear market. Historically, a crossover of the index to the downside has marked major corrections, including the one between May and…