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StanChart reaffirms $200k year-end projection for Bitcoin as US gov shutdown becomes tailwind
ByRicardoStandard Chartered’s head of digital belongings analysis, Geoffrey Kendrick, reaffirmed his year-end Bitcoin (BTC) value goal of $200,000 on Oct. 2. According to Kendrick, contemporary ETF inflows and the U.S. authorities shutdown might drive the crypto to additional highs within the weeks forward. In a notice to shoppers, Kendrick stated Bitcoin is poised to interrupt…
Escape the fiat farm: How Bitcoin breaks the chains of ‘wage slavery’
ByRicardoIf you work in a nine-to-five for diminishing wages and dwindling self-respect, the author of The Bitcoin Age (Amazon affiliate link), Adam Livingston, says Bitcoin can help you break the chains of ‘wage slavery’. Let’s take a closer look. Wage slavery: you are not employed, you are monetized In today’s economy, most people like to…
Samourai Wallet Co-Founder Sentenced To 5 Years In Prison For Money Laundering
ByRicardoKeonne Rodriguez, one of many co-founders of the cryptocurrency mixer Samourai Wallet, was sentenced to 5 years in jail on Thursday for his function in working a service that allegedly laundered “a whole lot of hundreds of thousands of {dollars}” derived from unlawful darkish internet actions and fraudulent schemes. US District Judge Denise Cote imposed…
Tornado Cash Founder Raises Red Flag Over DOJ’s DeFi Crackdown
ByRicardoRoman Storm, founding father of the Tornado Cash privateness software, has warned that open-source builders could face retroactive legal risk from US prosecutors for constructing non-custodial finance software program. His message has echoed by the crypto group as his personal authorized struggle strikes ahead. Reports have disclosed a blended jury end result in Manhattan and…
Bitcoin consolidates between $104,000 and $116,000 as market faces critical decision Point
ByRicardoBitcoin (BTC) trades inside a consolidation vary between $104,000 and $116,000, with on-chain knowledge revealing critical ranges that would decide the following directional transfer. According to a Sept. 4 report by Glassnode, Bitcoin entered a risky downtrend following its mid-August all-time high, declining to $108,000 earlier than rebounding towards present ranges. The UTXO Realized Price…
Hyperliquid surpasses Robinhood in monthly trading volume for the third consecutive month
ByRicardoHyperliquid registered more trading volume than Robinhood for the third consecutive month, with July marking the largest gap between platforms at 39.1%. DefiLlama data shows the decentralized derivatives exchange traded $330.8 billion in combined spot and perpetual volume during July, while Robinhood processed $237.8 billion across all products. Robinhood’s July volume was made up of…
