News

Middle East: The Rising Hub for Cryptocurrency Growth

Explore how the Middle East's favorable regulatory environment is fostering cryptocurrency industry growth, as elaborated by key industry players.

Sjuul Follings

The Middle East's clear regulatory frameworks are attracting major crypto players, with Binance FZE's general manager emphasizing the region's potential.

Billionaire Charlie Munger's Harsh Critique on Bitcoin and AI

Dive into billionaire Charlie Munger's controversial views on Bitcoin and his cautionary stance on artificial intelligence during the Zoomtopia conference.

Sjuul Follings

Berkshire Hathaway Vice Chairman, Charlie Munger, recently criticized Bitcoin as the "stupidest investment" and also shared his cautious views on AI.

Binance Introduces Copy Trading for Futures

Learn about Binance's new feature, Copy Trading, allowing users to emulate the strategies of experienced traders in the futures market.

Sjuul Follings

Binance Futures has unveiled its Copy Trading feature, enabling users to follow the strategies of expert "Lead Traders."

Unveiling Blackrock's Influence on Bitcoin: Mining Dominance and ETF Ambiguities

Uncover the potential influence Blackrock, the world's largest asset manager, might be wielding on the Bitcoin ecosystem, from controlling mining operations to ambiguous ETF filings.

Sjuul Follings

This article explores Blackrock’s quiet but growing influence on the Bitcoin world, including its stake in Bitcoin mining and mysterious wording in its ETF filing.

Robert Kiyosaki's Investment Outlook: Bitcoin a Bargain Today, Not Tomorrow

Financial guru Robert Kiyosaki emphasizes that Bitcoin is currently undervalued and advises accumulating assets like Bitcoin now. He warns this window of opportunity will soon close.

Sjuul Follings

Robert Kiyosaki, the author of "Rich Dad Poor Dad," believes that Bitcoin is currently a bargain and warns that this may not be the case in the near future.

FTX Bankruptcy Team Takes Legal Action Against Co-Founder's Parents

FTX's bankruptcy team is suing the parents of co-founder Sam Bankman-Fried, claiming misuse of funds. Find out how this lawsuit could affect the once high-flying crypto exchange.

Sjuul Follings

FTX's bankruptcy team has filed a lawsuit against co-founder Sam Bankman-Fried's parents, alleging that they misused company funds for personal gain.

Citigroup Rolls Out Token Services to Streamline Cash Management for Institutional Clients

Citigroup introduces a new tokenization service leveraging blockchain and smart contracts for institutional clients. Discover how this innovation aims to revolutionize cash management and trade finance.

Sjuul Follings

Citigroup unveils its token services, using blockchain and smart contracts to offer 24/7 automated trade finance and cash management solutions to institutional clients.

Understanding the Impact of Elizabeth Warren's Crypto Bill Backed by Nine Senators

Explore what Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act means for the cryptocurrency industry. Learn how it aims to curb illicit activities and bolster tax revenue.

Sjuul Follings

Senator Elizabeth Warren has reintroduced a crypto bill supported by nine U.S. Senators. This article delves into what it means for the crypto industry and regulatory landscape.

Unpacking the SEC's Tough Stance Against Binance: Insights from John Reed Stark

Discover what former SEC enforcement chief John Reed Stark reveals about the SEC's strengthened position against Binance amid ongoing legal battles and fraud allegations.

Sjuul Follings

John Reed Stark, former SEC enforcement chief, discusses the SEC's strong case against Binance due to alleged non-cooperation and fraud allegations.

Bitcoin's Potential Surge: Insights from BitMEX Co-Founder

BitMEX co-founder Arthur Hayes predicts a potential 150% rise in Bitcoin's price.Explore his bullish outlook and the market dynamics driving it.

Sjuul Follings

BitMEX co-founder Arthur Hayes believes Bitcoin could reach $70,000, fueled by factors like rising interest rates and robust GDP growth. Hayes argues that the focus on nominal Fed rates has overshadowed the cryptocurrency's potential, despite a recent bullish trend.

Race for Spot Ethereum ETFs Heats Up: Ark 21Shares and VanEck Enter the Fray

Ark 21Shares and VanEck have filed applications for spot Ethereum ETFs, kicking off a race for approval by the SEC. Explore the details of these filings, the potential impact on the crypto market, and what experts predict.

Sjuul Follings

With the SEC reviewing various spot Bitcoin ETF applications, Ark 21Shares and VanEck have made their moves by filing for spot Ethereum ETFs. This article delves into the implications of these filings, the key differences between S-1 and 19b-4 forms, and expert insights into the timeline for approval.

XRP Lawsuit Saga: Ripple and SEC Gearing Up for Pivotal Court Battle in 2024

The ongoing legal duel between Ripple and the SEC is setting the stage for a climactic courtroom battle in 2024. This lawsuit has implications beyond just Ripple; it could impact the future of finance and individual freedom.

Sjuul Follings

The SEC and Ripple are readying for an impactful legal showdown set for the second quarter of 2024. Both sides are at odds over whether XRP token sales qualify as securities. This legal battle could redefine how cryptocurrencies are regulated.

Robinhood Exchange Considers Relisting XRP Amid Positive Legal Developments

Reports suggest that the Robinhood Crypto exchange might reintroduce XRP to its platform, following recent legal decisions that have favorably impacted the coin's status.

Sjuul Follings

Robinhood Crypto exchange, known for stock and crypto trading, is rumored to relist XRP coins. This decision seems influenced by the recent court ruling which deemed XRP as non-security, prompting other platforms like Coinbase to relist it.


Europe's First Spot Bitcoin ETF Makes Its Debut in Amsterdam

Europe takes the lead in listing its first spot Bitcoin ETF on Euronext Amsterdam, an initiative by Jacobi Asset Management, beating the U.S. to this milestone despite numerous applications to the SEC.

Sjuul Follings

London-based Jacobi Asset Management has listed Europe's first spot Bitcoin ETF on Euronext Amsterdam, two years after its approval. Regulated by the Guernsey Financial Services Commission, the Jacobi FT Wilshere Bitcoin ETF, trading under the ticker "BCOIN," differs from the more common ETNs in Europe. This ETF is backed by Bitcoin's underlying shares, and its launch signals a potential shift in the crypto landscape.

Mastercard Partners with Ripple for CBDC Exploration, XRP Price Falls Amidst Market Downturn

Mastercard collaborates with Ripple and several other blockchain companies in its newly announced CBDC Partner Program. Meanwhile, XRP experiences a price drop, briefly dipping below pre-SEC ruling levels.

Sjuul Follings

In a strategic move to explore the potential of Central Bank Digital Currencies (CBDCs), Mastercard has partnered with Ripple and other blockchain companies. While Ripple gains recognition for its efforts in the CBDC domain, the XRP price faces a significant downturn amidst the wider market decline.

Gemini Lawyer Accuses SEC of "Floundering" in Proving Case Against the Exchange

Jack Baughman, representing Gemini, criticizes the SEC's claims that the exchange's Gemini Earn lending product violated securities laws by offering unregistered securities. The SEC's case centers on Gemini Earn program, which Baughman contends the SEC fails to prove as a security or a sale.

Sjuul Follings

Jack Baughman, the lawyer representing Gemini, has criticized the SEC's lawsuit against the exchange for alleged violation of securities laws with its lending product, Gemini Earn. Baughman argues that the SEC fails to establish the existence of a security or the sale of such security, pointing out ambiguities in the SEC's claims and questioning its definitions.

Former President Donald Trump’s Surprising Ethereum Holdings Revealed

Although critical of Bitcoin in the past, Donald Trump's recent financial disclosure unveils significant holdings in Ethereum, suggesting deeper involvement in the crypto sphere.

Sjuul Follings

Donald Trump's latest financial disclosure showcases a considerable investment in Ethereum, possibly linked to his recent NFT ventures. This revelation stands in stark contrast to his previously expressed skepticism about cryptocurrencies.

Hedge Fund Manager Mark Yusko Weighs in on XRP: Appreciation Mixed with Concern

Mark Yusko, the Managing Director at Morgan Creek Capital Management, shares his nuanced views on XRP, its potential, and the controversies surrounding its issuance.

Sjuul Follings

While Mark Yusko, a pro-Bitcoin hedge fund manager, appreciates the concept behind XRP and commends Ripple's CEO, he raises concerns about XRP's issuance and adoption.

PayPal Ventures into Crypto with its Dollar-Pegged Stablecoin: PYUSD

PayPal, the global payment behemoth, unveils its very own Ethereum-based stablecoin, PYUSD, marking its significant entrance into the cryptocurrency arena.

Sjuul Follings

PayPal announces the launch of PYUSD, its U.S. dollar-pegged stablecoin built on the Ethereum platform. This marks a milestone as it's the first major financial entity to introduce its own stablecoin. The coin will soon debut on PayPal before expanding to Venmo, enhancing its user utility.

MicroStrategy's Bullish Stance: Saylor's Plan to Boost Bitcoin Investments

Michael Saylor and MicroStrategy plan to sell $750 million in equity to acquire more Bitcoin, proving their unwavering bullish stance on the cryptocurrency.

Sjuul Follings

Software firm MicroStrategy intends to sell $750 million worth of stock for further investment in Bitcoin. CEO Michael Saylor, a known Bitcoin advocate, expects the price to escalate as more people realize Bitcoin's potential.

Ripple's Rising Tide: US Re-entry and Recognition as a Leading Fintech

CNBC includes Ripple in its Top 200 Fintech list, signaling the company's international influence. Ripple's president discusses plans for US re-entry and international expansion following key court rulings.

Sjuul Follings

After a defining court decision deeming XRP not a security, Ripple plans a re-entry into the US market. The firm has also witnessed significant growth globally and recently earned a spot on CNBC's Top 200 Fintech list.

Ethereum ETFs in the Spotlight: SEC Reviews Multiple Applications

With seven leading asset managers filing for Ethereum ETFs, the US market indicates a robust push towards Ethereum-focused financial products. What's behind this surge, and what might the SEC decide?

Sjuul Follings

The trend toward Ethereum-focused ETFs in the US is accelerating, with seven key asset managers recently submitting their applications to the SEC. Amidst shifting sentiments and industry developments, the ultimate decision by the SEC is eagerly awaited.

Uber's Foray into Cryptocurrency: The Potential of Bitcoin Payments

Uber indicates its willingness to integrate Bitcoin and other cryptocurrencies, shedding light on the potential future of payments in the ride-hailing industry.

Sjuul Follings

Uber CEO Dara Khosrowshahi recently discussed the possibility of the ride-hailing giant accepting Bitcoin and other cryptocurrencies. While environmental concerns and transaction costs are significant factors, the company's interest marks a significant step toward mainstream cryptocurrency adoption.

The SEC’s Stance on Cryptocurrency: A Breakpoint Moment for U.S. Crypto Businesses

Discover the SEC's surprising position on cryptocurrencies and what it could mean for the future of crypto trading in the U.S.

Sjuul Follings

The U.S. Securities and Exchange Commission (SEC) recently requested Coinbase, one of the world's largest cryptocurrency exchanges, to cease trading all cryptocurrencies except Bitcoin. This move could reshape the cryptocurrency landscape in the U.S., raising questions about the future of the crypto industry and its regulatory oversight.

Litecoin's 2023 Halving: A Comprehensive Overview

Dive deep into the anticipated Litecoin Halving event of 2023 and discover its potential impact on the crypto market and inflation rates.

Sjuul Follings

Litecoin's upcoming halving in 2023 promises to alter miners' block rewards, influence the crypto's inflation rate, and captivate the global trading community. This piece offers a thorough examination of the event.