Author name: Peter

Janet Yellen Declares U.S. Economy Reached ‘Soft Landing’ Scenario

Janet Yellen's Assessment of the U.S. Economy Janet Yellen, former Chairman of the U.S. Federal Reserve and current U.S. Treasury Secretary, believes that recent improvements in the American economy indicate that the country has achieved a soft landing. She points to low inflation figures and a robust labor market as indicators of this positive scenario. […]

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Former Bitmex Chief Predicts 30% BTC Correction — Warns Spot Bitcoin ETFs Could Make It Worse

Former Bitmex CEO's Bitcoin Price Forecast Former CEO of Bitmex, Arthur Hayes, has recently shared his predictions for a potential correction in the bitcoin market. In a Medium post, Hayes stated that he expects a 30% to 40% correction due to a dollar liquidity rug pull. He also warned that the introduction of spot bitcoin

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Saylor Warns of Deepfake Bitcoin Giveaway Scams

Introduction Microstrategy's executive chairman, Michael Saylor, has raised concerns about the emergence of new bitcoin giveaway scams utilizing AI-generated deepfake videos that impersonate him and his company. Saylor emphasized that there is no such thing as a free lunch and urged investors to exercise caution when encountering these fraudulent schemes. Deepfake Videos Targeting Cryptocurrency Investors

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Financial Watchdog Urges SEC to Reject Spot Bitcoin ETFs, Citing Investor Harm

A financial watchdog group called Better Markets has recently appealed to the U.S. Securities and Exchange Commission (SEC) to turn down spot bitcoin exchange-traded funds (ETFs), stating that they will cause significant harm to investors. The organization features a testimonial from U.S. Senator Elizabeth Warren on its website. The president of Better Markets, who reportedly

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Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In

The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) has become a growing concern in the crypto community. This concern arose after Better Markets, a financial watchdog group, called on the SEC to reject spot bitcoin ETFs, citing the potential for "financial carnage" and "massive investor harm." The

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Former Citigroup Executives Launch Bitcoin Depositary Receipts as Complementary Product to Bitcoin ETFs

Introducing Bitcoin Depositary Receipts A group of former Citigroup executives have recently unveiled a new product known as bitcoin depositary receipts. Unlike bitcoin exchange-traded funds (ETFs), this innovative crypto product does not require registration with the U.S. Securities and Exchange Commission (SEC). The introduction of bitcoin depositary receipts aims to provide a complementary offering to

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Mint and Trade Real-World Addresses Onchain With PropyKeys dApp, Part of Propy Ecosystem

Introduction Miami, Florida – On January 5, 2024, PropyKeys, a new gamified application and part of the Propy ecosystem, introduces a home addresses market onchain. This decentralized application (dApp) game is powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum as part of the Coinbase ecosystem. With

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Bain and Company Sees $400 Billion Revenue Opportunity in Tokenization of Alternative Investments

Real World Asset (RWA) Tokenization: A Game Changer for Financial Markets A recent report by JPMorgan and Bain and Company executives highlights the potential of tokenization technology in the financial market. The report emphasizes the significance of tokenization in making alternative investments, such as private equity, private credit, real estate, and hedge funds, accessible to

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Creder Launches Gold Pegged Coin (GPC) and Goldstation Tokenization Platform

Introduction The Klaytn Foundation, an organization dedicated to expanding the Klaytn ecosystem, has recently announced that Creder, one of its governance council members, will be launching a tokenized gold offering called Gold Pegged Coin (GPC) in January. Additionally, Creder will introduce Goldstation, a decentralized finance platform designed to convert physical gold into GPC tokens. Creder's

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Bitcoin Technical Analysis: BTC Consolidates Amid Uncertainty Tied to the ETF Decision

Bitcoin's Price Fluctuations Reflect Its Mercurial Nature As the decision for the spot bitcoin exchange-traded fund (ETF) looms near, bitcoin's price fluctuations embody its unpredictable and volatile nature. The price of bitcoin reached a peak of $45,922, with intraday values ranging from $43,920 to $44,067 on Friday. Bitcoin's Activity in the Crypto Trading Realm In

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