‘Quantile model’ analyst predicts $135K–$285K Bitcoin price in 2025
A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
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Meta ‘powering through’ metaverse plans: Nifty Newsletter, Nov. 30–Dec. 6
In this week’s newsletter, read about how the word “metaverse” placed second in Oxford’s Word of the Year. Check out how Meta is pushing forward its metaverse plans amid doubts and how the nonfungible token (NFT) marketplace Magic Eden announced a tool to enforce royalties. In other news, find out how the Opera Crypto Browser…
Coinbase Defends Against BCH Lawsuit From Users, Case Ongoing
Cryptocurrency exchange Coinbase, launched in 2012, is considered to be one of the largest exchanges operating in the United States — and the most trusted. However, an alleged wrongdoing back in December 2017, caused a long court procedure, the outcome of which is still vague and uncertain. It’s all fun and games until a hard forkOn…
Singapore: Crypto Derivatives Set to Come Under Regulatory Oversight
Singapore's central bank and financial regulator, the Monetary Authority of Singapore (MAS), has proposed bringing crypto derivatives trading under its purview.According to a BNN Bloomberg report on Nov. 20, the MAS’ proposal would make the trading of derivatives based on underlying assets like Bitcoin (BTC) and Ether (ETH) subject to the city-state’s Securities and Futures…
Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.
Crypto ‘regulatory approach isn’t needed now’ — New Zealand central bank
Reserve Bank of New Zealand however said that crypto and stablecoins should be more closely monitored. The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.”Ian Woolford, the Reserve Bank of New Zealand’s director of money and cash,…
Clear Majority in Fifth MakerDAO Vote Looks Set to Pass Another Increase in DAI Stability Fee
Users of Decentralized Autonomous Organization (DAO) MakerDAO (MKR) look set to raise the stability fee for Maker’s DAI (DAI) stablecoin by a further 4%, in the fifth such vote this year.An ongoing governance poll, due to close within 8 hours today, April 11 (5 PM UTC), indicates that 50,579.23 MKR have been staked in favor…
Former Bank of Japan exec says Japan will need years to issue digital yen
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits. Hiromi Yamaoka, former head of the payment and settlement systems department at the Bank of Japan, said that the country will likely need several years before it can issue a central bank digital currency.In a Nov.…
Rocky road lies ahead, but here’s 5 altcoins that still look bullish
The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26.Bitcoin has declined about 14% this month, making it the worst…