Ripple CEO Brad Garlinghouse took shots at the United States Securities and Exchange Commission Chair (SEC), Gary Gensler, during an appearance at the World Economic Forum in Davos, Switzerland.
The possibility of Federal Reserve rate cuts in the coming months has the crypto community divided on the potential impact on the Bitcoin price. While rate cuts would typically be viewed as bullish, some analysts warn the policy shift may pressure Bitcoin in the short term.
In recent developments, Bitcoin price prediction turned bearish as the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest and concern among cryptocurrency investors and enthusiasts.
In the ever-evolving landscape of cryptocurrency, Bitcoin price has seen a notable uptick, trading at $42,806 with a 0.55% increase on Tuesday. This surge has been accompanied by growing interest in US-based crypto products, particularly following the approval of spot ETFs.
A recent Reddit post has ignited heated debate within the r/CryptoCurrency community, drawing both intrigue and skepticism. The post, authored by Redditor kbxads claiming to have cracked the code to earning Bitcoin with ease, details a highly specific trading strategy involving bots programmed to buy and sell Bitcoin at certain times each month.
Argentina’s third most populated city Rosario recently saw an unprecedented rental agreement that signifies a major milestone for crypto adoption in the country. A local landlord and tenant signed Argentina’s first-ever Bitcoin rental contract, as reported by the local newspaper Paginal 12 on January 11.
Banking giant JP Morgan projects a huge inflow into spot Bitcoin ETFs from other cryptocurrency-related products even without new capital from the wider financial market.
In its recent entry into the spot Bitcoin exchange-traded fund (ETF) market, BlackRock has purchased over 11,400 Bitcoins, prompting speculation of supply issues.
As the trading week begins, Bitcoin exhibits a choppy pattern, marginally up by 0.06% and hovering around $42,635. The cryptocurrency landscape is buzzing with notable developments that could shape its short-term trajectory. Ark Invest’s Cathie Wood, a known advocate for Bitcoin, continues to hold a strong belief in its potential, further influencing market sentiment.