Day: November 4, 2024

U.S. Election Winner Is Unlikely to Have Much Influence on Bitcoin’s Post-Result Rally, History Indicates: Van Straten

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Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000

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Este artículo también está disponible en español. Speculations about the Bitcoin bull market being over have been rife in the crypto market, particularly as the price has failed to reach its March all-time high of above $73,000. Providing a more compelling case to this narrative, a crypto analyst has released a Bitcoin bear case scenario that could see the pioneer cryptocurrency decline to $28,000.  Bitcoin Bear Case Unveiled In an X (formerly Twitter) post, crypto analyst and Position trader Bob Loukas revealed a “Bitcoin bear case,” unveiling a more unorthodox…

Information Commissioner seeks permission to appeal DSG Retail Ltd ruling

We are seeking permission to appeal the judgment of the Upper Tribunal (Tribunal) on DSG Retail Limited (DSG) to the Court of Appeal. In 2020, the Commissioner fined DSG £500,000, the maximum amount under the Data Protection Act 1998 (DPA 1998), after a cyber attack that affected the personal information of at least 14 million people. DSG appealed the Commissioner’s decision and the fine to the First-tier Tribunal (Information Rights) (FTT) which, in its ruling in July 2022, substituted the original amount with a £250,000 fine. DSG was subsequently granted…

Kraken Launches Licensed Broker Offering for Australian Wholesale Clients, Expanding Access to Crypto-Based Derivatives

Kraken has announced the launch of a licensed broker offering specifically designed for Australian wholesale clients, providing access to a range of crypto-based derivatives products. This new service allows eligible clients to manage risk and gain exposure to cryptocurrency price movements without the need to hold the underlying assets. The offering is backed by Kraken’s […] Source CryptoX Portal

With the US election only a day away, Trump, Harris getting closer on Polymarket

The odds of winning the U.S. presidential elections—scheduled for tomorrow, Nov. 5—between former president Donald Trump and Vice President Kamala Harris are narrowing down. According to data provided by Polymarket, Trump’s election-winning odds plunged from its local high of 67% on Oct. 30 to 57% at the time of writing. Harris, on the other hand, saw her chances rise from a local low of 33.1% to 43% in the same timeframe. U.S. election odds | Source: Polymarket As the elections come closer, the total amount of bets on the next…

Solana Expected To Reach $500 By Bull Run’s End: Crypto Analyst

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Este artículo también está disponible en español. In an analysis shared on X, popular crypto analyst Gum (@0xGumshoe) is projecting that Solana (SOL) could ascend to $500 by the conclusion of this bull run. This bullish forecast hinges heavily on the outcome of the US presidential election, slated for November 5th, and the potential policy changes that could follow. Solana Price Prediction For This Bull Run @0xGumshoe initiated his forecast with a bold declaration: “SOL TO $500. The upcoming US elections will affect SOL more than any other token. Here’s…

BBVA Debuts Tokenized Fund in Spain’s Sandbox

BBVA is launching a tokenized fund integrated into the Spanish securities regulator’s sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications. BBVA to Experiment With First Blockchain Tokenized Fund Tradfi institutions are now open to testing decentralized technologies and applying them to existing […] Source CryptoX Portal

Bitcoin as the New Gold? Larry Fink’s Vision for Cryptocurrency as a Hedge – SuperCryptoNews

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In a surprising turn of events, Larry Fink, CEO of BlackRock, recently endorsed Bitcoin as an alternative to gold. This high-profile endorsement from one of the world’s largest asset managers marks a pivotal moment for Bitcoin and could reshape how institutional investors view digital assets. But what does it really mean when an industry giant like BlackRock steps into the crypto arena? Is Bitcoin Really the New Gold? Larry Fink’s recent declaration, “we believe Bitcoin is an asset class in itself. It is an alternative to other commodities like gold,”…