Sygnum’s head of research predicts a potential Bitcoin supply shock coupled with institutional demand could lead to a significant price surge, exceeding previous cycles.
Category: News
FTX Distributes $5 Billion to Creditors: Market Impact and What You Need to Know
The FTX Recovery Trust has commenced a second round of payouts, distributing $5 billion to creditors. Here’s a breakdown of what this means for the crypto market and what investors should watch.
NYC Comptroller Rejects Mayor’s Bitcoin Bond Plan: A Blow to Crypto Ambitions?
New York City Comptroller Brad Lander has rejected Mayor Eric Adams’ proposal for Bitcoin-backed bonds, citing financial risks and undermining investor confidence. This analysis explores the implications for crypto adoption in the city.
BlackRock’s Bitcoin ETF Outflow, MEXC Fraud Surge, and OpenSea’s Expansion: Crypto News Analysis
A look at today’s top crypto news: BlackRock experiences record Bitcoin ETF outflows, MEXC reports a surge in fraud attempts, and OpenSea launches its expanded platform.
ETH & SOL Staking ETFs on the Horizon: Regulatory Workarounds Pave the Way
Analysts predict the imminent launch of Ethereum and Solana staking ETFs in the US, thanks to REX Shares’ innovative approach to navigate regulatory hurdles.