Standard Chartered Bank to Launch Crypto Trading Desk for Bitcoin and Ethereum

As an experienced financial analyst, I see Standard Chartered’s entry into Bitcoin and Ethereum spot trading as a game-changer for the crypto industry. This move makes history by making Standard Chartered the first major bank to offer such services to customers, surpassing other banking giants like Goldman Sachs who have only provided derivatives. Based on … Read more

Bitcoin Drops Below $64,000, But Arthur Hayes Advocates ‘Buy The Dip’

As an analyst with a background in macroeconomics and a keen interest in the cryptocurrency market, I find Arthur Hayes’s perspective on the current Bitcoin dip and its relation to global economic conditions and central bank policies compelling. His insights offer a unique perspective that goes beyond mere price analysis, providing valuable context for understanding … Read more

Santiment: Bitcoin Experiencing “Extended Level” of FUD on X

As a seasoned crypto investor with a knack for keeping my finger on the pulse of the market, I’ve weathered numerous price swings and FUD-induced storms. Santiment’s analysis strikes a chord with me, as I’ve seen how trader fatigue and whale accumulation can pave the way for substantial price rebounds. In simpler terms, the current … Read more

Elon Musk Has No Plans to Integrate Crypto Payments on X

As a researcher with a background in finance and technology, I find Musk’s announcement of X’s transformation into a financial hub intriguing. The idea of offering users the ability to store, send, and receive money through their X accounts and pay for goods and services from physical stores is an interesting one. However, the lack … Read more

Tron USDT Overtakes Visa in Daily Transaction Volume

As a seasoned crypto investor with a keen interest in blockchain technology and its potential impact on traditional financial systems, I find the recent development of Tether (USDT) surpassing Visa’s daily transaction volume truly noteworthy. The data released by Lookonchain and Nansen highlights the rapid growth of stablecoins and their increasing influence on the global … Read more

ConsenSys Calls for Delay of New IRS Reporting Rules as Industry Unites Against ‘Unclear’ Regulations

As a seasoned crypto investor with a background in software development, I wholeheartedly support ConsenSys’ stance on the IRS’ new crypto tax reporting regulations. The broad definition of a “broker” and the lack of clear instructions for completing the Form 1099-DA are significant concerns that could burden businesses and potentially compromise user privacy. ConsenSys, a … Read more