Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target

Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target

[ad_1] Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has been “shocked” by the U.S. Federal Reserve’s increase in interest rates, she said during a fireside chat at the Friday … Read more

FXS Price Poised For Uptrend As Frax Finance Unveils Roadmap To Reach $100B TVL

FXS Price Poised For Uptrend As Frax Finance Unveils Roadmap To Reach $100B TVL

[ad_1] Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This notable surge would represent a 760,000% increase from the current TVL levels, which stand at $13 million.  Frax … Read more

Bitcoin Market Cap Hints at Potential Price Surge After Retesting 2021 Highs

Bitcoin Market Cap Hints at Potential Price Surge After Retesting 2021 Highs

[ad_1] A crypto analyst on X is confident that Bitcoin has bottomed and is poised for major gains in the sessions ahead. Interestingly, the bullish outlook hinges on the Bitcoin market cap retesting all-time highs at press time.  Will BTC Rally? Market Dynamics Changing So far, the Bitcoin price is around 2021 highs in USD terms but … Read more

Bitcoin Troubles Far From Over As More Carnage Looms, JPMorgan Analysts

Bitcoin Troubles Far From Over As More Carnage Looms, JPMorgan Analysts

[ad_1] Despite optimism about Bitcoin’s future trajectory heading into the Bitcoin Halving, analysts at JPMorgan have raised concerns that things may not go according to everyone’s expectations. They believe that a storm still lies ahead for the flagship crypto token before any massive move to the upside.  Further Bitcoin Pullbacks Are To Be Expected According … Read more

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration

[ad_1] Gensler, whose tenure atop the agency has been marked by a legal crusade against what he argues is a largely noncompliant industry, suggested that digital assets businesses are among those seeking to “whittle away at the SEC’s disclosure regime,” which requires companies to register securities and provide information to investors about them. [ad_2] Source … Read more