In a recent interview with CNBC cathy woodArk Invest’s CEO expects Bitcoin’s value to rise significantly by 2030. According to her predictions, Bitcoin could reach around $600,000 in a base case scenario. More optimistically, considering factors such as a potential bull market and likely U.S. Securities and Exchange Commission (SEC) approval, she expanded her own estimate to an ambitious level of $1.5 million. basis for prediction Wood’s prediction is supported by several factors. She cites increasing institutional acceptance and Bitcoin’s limited supply and decentralized nature as key drivers. Bitcoin, often referred to as “digital gold,” is increasingly attractive to investors…
Author: Crypto Flexs
Coinbase has partnered with African stablecoin exchange Yellow Card (a Coinbase portfolio company) to expand access to its products in emerging economies, starting with 20 countries across the continent.Starting in February, this partnership will enable more than half of Africa’s population to access USDC purchases through the Coinbase Wallet app. Additionally, app users can send stablecoins fee-free via email and popular messaging apps such as WhatsApp, iMessage, and Telegram.Yellow Card users can also purchase USDC on Base, an Ethereum layer 2 based on Coinbase that offers cheaper transactions.“Many of these countries have high inflation and are reliant on remittances,” Coinbase…
Generative art across media: Artists discuss evolving spacesIn this panel discussion moderated by Rug Radio’s R Haus at Art Basel Miami 2023, Sofia Garcia, Ismail Tazi, Emily Edelman and Aleksandra Art discuss the expanding generative art space and how “generative” doesn’t necessarily mean digital. Discuss why there is no.
USDC issuer sells shares to public via Circle Internet filesCoinDesk, a leader in cryptocurrency and digital asset news, has updated its Privacy Policy, Terms of Use, Cookies and Privacy Policy. In November 2023, CoinDesk was acquired by Bullish Group, which owns a regulated digital asset exchange. Bullish Group is the majority shareholder of Block.one, which has interests in blockchain and digital asset businesses. CoinDesk operates independently, maintains high journalistic standards and ensures integrity through an editorial board chaired by a former Wall Street Journal editor-in-chief. CoinDesk and Bullish Group both have significant holdings in digital assets, including Bitcoin. Circle Internet…
Widely followed cryptocurrency trader Altcoin Sherpa is bullish on altcoins as long as they operate in the Bitcoin (BTC) ecosystem. anonymous analyst says Stacks (STX) has 205,000 followers on social media platform X with more upside potential. “STX: I think it would be great to get in for about $1.75. Pay attention to this. “I think there’s really a lot of room for action.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggested that STX could retest the $1.73 support level before a rebound. Stacks is a project that aims to enable smart contracts and decentralized finance (DeFi) applications…
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We are proud to be the first to announce. Best of BitPay Awards! We celebrate all innovative merchants that accept cryptocurrency payments.BitPay Awards Best InformationThe Best of BitPay Awards are designed to recognize and celebrate forward-thinking merchants who are integrating cryptocurrency payments into their business operations. These innovators and pioneers are leading the way in cryptocurrency payments across every industry, from travel and fashion to automotive and jewelry. Vote and spread the word congratulating your favorite sellers!Nominations open from January 1st to January 31st. Recommend your favorite merchants that accept cryptocurrency payments via BitPay in the form below. Once nominations…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. The recent decline in XRP has left many users dismayed. As investors consider selling their holdings, one analyst has warned against such impulsive action. He attributed XRP’s poor performance to broader market factors and urged holders to exercise patience. Meanwhile, another project, Incubeta (QUBE), is attracting attention as a way to support artificial intelligence (AI) startups. The platform provides funding and business development support services to help AI-based ventures expand their reach and impact. InQubeta’s model has received significant…
U.S. Senator Elizabeth Warren, who represents Massachusetts and is a member of the Senate Banking Committee, publicly criticized the Securities and Exchange Commission (SEC) for approving 11 physical Bitcoin exchange-traded funds (ETFs). This decision by the SEC has sparked an important debate regarding the integration of cryptocurrencies into the mainstream financial system and the need for a comprehensive regulatory framework. Senator Warren, known for her cautious approach to cryptocurrencies, argued that the SEC’s decision was “wrong in both law and policy.” She believes that allowing cryptocurrencies to penetrate deeper into the financial system without strict anti-money laundering regulations poses significant…
The Bitcoin ETF recorded trading volume of about $4.6 billion on its first day, but market volatility hit futures speculators as prices soared.