Crypto and commodities poised for massive rally, says market analyst

“I remember watching the hearings before the Energy and Commerce Committee with Mark Zuckerberg, and it was clear that a lot of my colleagues didn't really know a lot about technology,” recalls U.S. Representative Darren Soto.When Soto (D-FL) speaks about technology, it sounds personal. He references space launches at Cape Canaveral, which lies adjacent to…

Bloomberg analyst concurs optimistic on-chain indicators. 2025 Total views 39 Total shares

At Vanity Fair’s New Establishment Summit, Coinbase CEO Brian Armstrong said that Coinbase has generated close to $2 billion in transaction fees since it launched in 2012.On Oct. 23, the co-founder and CEO of major United States cryptocurrency exchange and wallet provider Coinbase told Vanity Fair that technology has always been the focus of Coinbase,…

The statement comes amid ongoing speculation regarding the recent departure of two of its most prominent developers. 1030 Total views 26 Total shares Recently, media outlet Rekt.news made striking accusations about Fantom Opera, a layer-1 blockchain, after the foundation’s technical adviser Andre Cronje and senior solutions architect Anton Nell announced they were leaving the crypto…

U.S. financial regulators are close to working out the limits of their authority over at least one class of digital assets. 553 Total views 14 Total shares The Securities and Exchange Commission could be emerging victorious in the race to secure the leading role in regulating stablecoins. Additional clarity on the demarcation of regulatory mandates…

Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. The “long waves” of TerraUSD’s May 7 collapse, which we noted two newsletters ago, are extending even further. Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. A Chinese state-owned media outlet, the Economic Daily…

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. China regulations, FACT or FUD? Normally, this weekly column takes a broad look at all the developments, news, and even gossip from within…

Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool, and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project Sophon…

Bitcoin (BTC) price made a small correction yesterday as it dropped from $10,100 towards $9,800. However, today’s bullish momentum returned and the price bounced back above $10,000 to make a new 2020 high at $10,370. So is the continuation of bullish momentum likely? Let’s look at the charts to see what could occur next. Crypto market daily…