Spot Bitcoin ETF Approval Is Coming, but Analysts Differ on Possible Price Reaction
A fake report about BlackRock's spot BTC ETF approval Monday spurred a short-lived bitcoin rally to $30,000. Source
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Differ
AI and dot-com bubble share some similarities but differ where it counts
Artificial intelligence (AI) has seen tremendous growth in recent years, exploding into popular culture and industry and leading to comparisons with the now infamous dot-com bubble and crash of the 1990s.During the late 1990s up until the early 2000s, internet-based companies were the subject of massive hype and investment, with
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Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges
Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs). Source
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Biden calls to end $18B ‘crypto tax loopholes’ — community begs to differ
United States President Joe Biden recently shared an infographic on Twitter, calling to end “tax loopholes” that allegedly help wealthy crypto investors. Community members responded to the tweet, questioning the figures shared by the president and if the said loopholes exist. Cutting such loopholes would save about $18 billion, according to
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Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation.Data from on-chain analytics platform CryptoQuant shows that on Nov. 18, a giant tranche of almost 60,000 BTC entered Binance’s wallet.Exchange inflows highest since late 2018BTC price contagion fears thanks to FTX
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Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold
The narrative around Bitcoin being digital gold is beginning to “hinder” the cryptocurrency industry, said Gavin Michael, CEO of crypto exchange Bakkt (BKKT), while Galaxy Digital (GLXY.TO) CEO Mike Novogratz disagreed, calling Bitcoin “ready for primetime.” Source
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