In the Bitcoin prediction arena, two experienced traders present contrasting views on the cryptocurrency’s price direction. As a cryptocurrency analyst, I’ve come across two contrasting perspectives from experienced Bitcoin traders regarding its future price direction. Experienced cryptocurrency trader Peter Brandt posits that Bitcoin may have reached its highest point in this market cycle, with an … Read more
Elon Musk, CEO of Tesla, revealed a game-changing $10 billion investment in AI this year. The funding will primarily go towards refining AI for self-driving technology and robotaxis. In his recent post on “X,” Musk emphasized the necessity of such a substantial investment to stay competitive in the auto industry. He warned that companies failing … Read more
Australia is set to experience a crypto boom with the Australian Securities Exchange (ASX) planning to list its first spot Bitcoin ETFs by the end of 2024. ASX, founded in 1987 and with an average daily turnover of AUD $4.685 billion ($3 billion), is one of the world’s top exchange groups and could become a … Read more
ASX, the leading Australian stock market operator, is planning to list its first batch of spot Bitcoin exchange-traded funds (ETFs) by the end of 2024, according to Bloomberg’s reports. This decision follows applications from major players like VanEck, BetaShares, and DigitalX. Managing around 80% of local trades with a market cap of $2.7 trillion, ASX … Read more
The approval of an Ethereum spot ETF in May is uncertain as regulators and the crypto industry continue their discussions. Justin Sun, CEO of TRON Foundation, voiced concerns over the pending decision, emphasizing the need for regulators to better understand cryptocurrencies. It’s uncertain if an Ethereum spot ETF will be given the green light by … Read more