BTC Price Set to Skyrocket🚀: Analysts Predict Massive 30% Rally!
Declining Volume, Bullish Flags & Growing HODLing
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In today's news, analysts predict a 30% rally in Bitcoin's price despite declining trading volume and the recent US crackdown. The International Organization of Securities Commissions (IOSCO) is urging global regulators to strengthen crypto market regulation to address conflicts of interest and enhance oversight. The SEC's lack of clear rulemaking and scrutiny of crypto mining equipment create regulatory uncertainty. Hong Kong aims to become a leading crypto hub despite regional crackdowns. Ripple and the SEC continue their legal battle, with Twitter comments reigniting debates and undisclosed discussions adding intrigue. Ripple's CTO engages in a decentralization debate with Ethereum's Vitalik Buterin, and Shiba Inu (SHIB) is expected to rally by 14%.
Top News
Top Reasons Why Analyst Predicts 30% Bitcoin Price Rally Soon
Cryptocurrency trading volume declines as US crackdown dampens enthusiasm, but analysts remain optimistic about Bitcoin's growth amidst the debt ceiling crisis. Increased holdings reflect positive sentiment despite low on-chain volume. Read More »»
IOSCO Urges Global Regulators to Accelerate and Strengthen Oversight of Crypto Markets
IOSCO urges swift and bold regulation of cryptocurrency markets, addressing conflicts of interest and governance issues to mitigate risks and enhance oversight.
SEC Makes Another Controversial Move: Crypto Mining Equipment Under Scrutiny
SEC's lack of clear rulemaking has caused regulatory uncertainty in the digital asset space, while its attempt to categorize the sale of crypto mining equipment as investment contracts expands its jurisdiction. The comparison to Howey's sale of orange groves highlights the SEC's legal theory.
Hong Kong’s Crypto Revolution: A New Hub In The Making
Story Highlights
Hong Kong embraces crypto to become a leading hub despite regional crackdowns.
Controversy surrounds Hong Kong's move to attract crypto investments.
Hong Kong's crypto pivot could position it as the new leader in the industry.
More News
Secret Ripple-SEC Discussions Exposed: Will XRP Lawsuit Take A U-Turn?
Recent Twitter comments reignite debates on Ripple-SEC legal battle over inconsistent stances regarding a past speech by Director Hinman.
Ripple's CTO defends the company, stating that the interpretation of Hinman's speech as agency guidance was a misconception.
Deaton's discovery of a Ripple document reveals undisclosed discussions about XRP's status among SEC staff.
Decentralization Debate Heats Up: Ripple CTO Seeks Clarity From Ethereum’s Vitalik Buterin
Ripple's CTO, David Schwartz, finds Vitalik Buterin's research paper on legal protections for decentralized blockchain networks intriguing.
Schwartz's inquiry contributes to the ongoing debate on decentralization in the cryptocurrency community.
The outcome of this discussion may have implications for the future implementation of blockchain technology.
Shiba Inu Bulls Ready To Soar: Meme Coin Poised For 14% Rally
Shiba Inu (SHIB) breaks through downtrend resistance, eyeing a return to the $0.00001 mark.
Despite prior selling pressure, SHIB shows strong signs of recovery, with its Relative Strength Index (RSI) indicating bullish momentum.
SHIB is positioned for a 14% increase, but could face resistance at the $0.00000917 level.
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