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Galaxy Digital CEO Mike Novogratz believes that the so-called great wealth transfer could give a huge boost to Bitcoin (BTC) and other digital assets. In a new CNBC interview, the billionaire says that the millennials, who stand to inherit the largest transfer of wealth in history, are more inclined to invest in digital assets than their boomer parents or relatives. “Those [younger people] love...
A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on one memecoin built on the Solana (SOL) blockchain while revealing his forecast for Ethereum (ETH) going forward. The analyst pseudonymously known as Flow Horse tells his 216,400 followers on the social media platform X that dogwifhat (WIF), whose logo features a dog wearing a hat, appears to be undergoing...
A widely followed cryptocurrency analyst and trader is forecasting that one blue-chip altcoin could rally by double-digits. The analyst pseudonymously known as The Crypto Dog tells his 782,000 followers on the social media platform X that Dogecoin (DOGE) could hit a price of $0.30, about 78% above the current level if Bitcoin (BTC) records a new all-time high. “Feel pretty good about DOGE...
A widely followed crypto analyst believes one Ethereum (ETH) competitor could more than double in price. Crypto trader Michaël van de Poppe tells his 718,900 followers on the social media platform X that interoperability blockchain Polkadot (DOT) is poised to rally due to major network advances. He also says DOT is likely to see a boost from ETH’s upward momentum as well. “Polkadot did a retest...
A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing, the bank won...
A top crypto trader thinks one Ethereum (ETH)-based decentralized finance (DeFi) token is an “obvious play” amid recent ETH developments. The pseudonymous analyst known as the Flow Horse tells his 216,500 followers on the social media platform X that the governance token of Ethena (ENA) looks promising. “Looking to go for round 2 of a shift in the pace downward and possible turnaround.” Source:...
The U.S. Securities and Exchange Commission appears ready to pass eight spot Ethereum ETFs after expectations on their approval flipped overnight. The agency just approved form 19b-4 filings from BlackRock, Fidelity, VanEck, Grayscale, Bitwise, Ark, Franklin Templeton and Invesco Galaxy simultaneously. Although the products have nearly obtained the full go-ahead, the SEC must approve the firms’...
The Supreme Court of the United States is ruling against crypto exchange Coinbase in the Dogecoin (DOGE) sweepstakes dispute. According to new legal documents obtained by Cornell Law, the Supreme Court unanimously ruled that the conflict between Coinbase’s sweepstakes contract and user agreement must be determined through the court system. As stated by Justice Ketanji Brown Jackson, “Arbitration...
Uniswap (UNI) is fighting back against the U.S. Securities and Exchange Commission (SEC). The largest decentralized exchange by trading volume received a Wells Notice from the SEC last month, which indicates the regulator intends to take enforcement actions against the DEX soon. Marvin Ammori, the chief legal officer at Uniswap Labs, notes that the project submitted an official response to the...
The founder and CEO of an investment firm specializing in digital currencies is looking down the line for the next crypto exchange-traded fund (ETF). In a new CNBC interview, BKCM LLC head Brian Kelly reacts to speculation that the U.S. Securities and Exchange Commission (SEC) could approve Ethereum (ETH) ETF applications as soon as tomorrow by naming which digital asset he expects to receive ETF...