Anthony Pompliano, co-founder and partner at Pomp Investments, is convinced that Bitcoin’s solid monetary foundations will lead it to surpass the size of the gold market following the impending halving event. In an interview on Fox Business on April 17, Pompliano expressed his continued optimism towards Bitcoin. He pointed out that over the past four … Read more
Marathon Digital executive claims BTC has already partially priced the halving. Other execs disagree and expect BTC to follow previous cycles’ price action. In simpler terms, the Bitcoin market’s recent peak at $73.7K prior to the halving was unlike past cycles where new record highs were reached following the halving event. This begs the question: … Read more
A Political Action Committee (PAC) invested $3.7 million in supporting Democratic candidates aiming to secure seats in the US House of Representatives from Alabama and Texas, effective 2025. On April 16, Shomari Figures secured about two-thirds of the votes in the Democratic runoff election for Alabama’s 2nd Congressional District against Anthony Daniels. In the upcoming … Read more
Bitcoin’s price retreated close to $61,000 on April 17, signaling weaker demand at elevated levels. Based on data from Farside Investors, Bitcoin-backed exchange-traded funds (ETFs) experienced net withdrawals on April 12 and 15. As per Ki Young Ju, the CEO of CryptoQuant, the desire for Bitcoin ETFs has shown little growth over the past month. … Read more
Recently, Jeffrey Edell, the chairman and CEO of MeWe, wrote an opinion piece arguing that the contentious issue between the US administration and China’s TikTok could be resolved by employing blockchain technology. Edell leads a social media platform believed to have over 20 million users, which has successfully transitioned from the conventional web2 environment to … Read more
Ethereum whale sends 5,000 ETH to an exchange. Spot ETF approval is yet to impact the ETH price trend. A large-scale Ethereum (ETH) investor moved approximately $15 million in assets to an exchange following the announcement of potential ETF approvals in Hong Kong. Has the whale’s transfer affected the price, and has the ETF approval … Read more