Cryptocurrency
Is a Bitcoin price rally to $150K possible by year’s end?
Key takeaways:A 2021-style bearish divergence on the weekly chart points to a potential 50%+ correction toward $64,000.Peter Brandt warns Bitcoin must reclaim its parabolic trendline soon or risk ending its bull cycle before reaching the $150,000 target.Bitcoin’s (BTC) surge...
Cryptocurrency
Singapore’s ousted crypto firms may not find shelter elsewhere
Singapore’s latest order for unlicensed crypto firms to stop serving overseas customers marks the beginning of the end for regulatory loopholes in the blockchain industry.The May 30 directive from the Monetary Authority of Singapore (MAS) tells crypto firms and...
Cryptocurrency
VanEck, 21Shares, Canary Demand that SEC follow the ‘First-to-File’ Rule to approve ETF –
Saniya -
Key TakeawaysThe companies argued that by failing to abide by the first-to-file principle,the SEC had diminished healthy competition and hindered financial innovation.The letter argued that the shift in process “incentivizes replication rather than original innovation.” Three leading asset managers, VanEck,...
Cryptocurrency
Brazil Defies Trump Tariff Threats, Backs Dollar-Free BRICS Trade – Economics Bitcoin News
Brazil is boldly leading a national trade overhaul, defying U.S. pressure as it champions local currency use and strengthens BRICS’ push for financial independence and resilience. Brazil Pushes BRICS Trade Shift Despite Trump Tariff Threat Brazilian President Luiz Inácio...
Cryptocurrency
Stablecoin legislation to drive Bitcoin market cycle in 2025: Finance Redefined
Despite a week of price consolidation for Bitcoin (BTC), emerging digital asset legislation may provide the next significant catalyst for the world’s first cryptocurrency.Upcoming stablecoin rules, such as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act,...
Cryptocurrency
Elon Musk’s xAI and Shayne Coplan’s Polymarket in Deal
Crypto prediction market Polymarket and Elon Musk-led artificial intelligence (AI) firm xAI — which owns X, the social media platform formerly known as Twitter — announced a partnership on Friday.Proud to announce Polymarket's partnership with X and xAI as...
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Beaches in Spain’s Valencia region closed after “unknown material” washes ashore
Mysterious white particles that washed up onto a small section of southeast Spain's Valencian coast...