Bitcoin is entering a period of supply shock and increased demand, which could have more dramatic price implications than in previous cycles, said Sygnum Head of Research.
Category: News
FTX Distributes $5 Billion to Creditors: Market Impact Analysis
The FTX Recovery Trust has begun a second round of payments, distributing $5 billion to creditors. This news explores the potential market impact of this distribution and what it means for crypto investors.
NYC Comptroller Rejects Mayor’s Bitcoin Bond Plan: A Risky Move?
New York City Comptroller Brad Lander has effectively blocked Mayor Eric Adams’ proposal for Bitcoin-backed municipal bonds, citing concerns about financial stability and investor confidence. Here’s a breakdown of the situation and its potential implications.
ETH & SOL Staking ETFs Poised to Launch: Regulatory ‘End-Around’ Strategy
Analysts predict the imminent launch of Ethereum and Solana staking ETFs in the US, thanks to a ‘regulatory end-around’ strategy employed by ETF provider REX Shares.
SharpLink Gaming Eyes $1 Billion ETH Purchase: Ethereum’s Answer to Michael Saylor?
US sports betting platform SharpLink Gaming plans a $1 billion ETH acquisition, drawing comparisons to Bitcoin bull Michael Saylor. What does this mean for Ethereum’s price and the broader market?