Analysts brace for Bitcoin slide on gloomy US manufacturing data

Bitcoin’s spot price could take a hit after the US Federal Reserve reported some of the worst manufacturing data in recent history, according to several cryptocurrency analysts. On April 17, the Philadelphia Federal Reserve Manufacturing Index — a monthly survey of 250 US-based manufacturers — reported the sharpest declines in overall business activity since 2020. …

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Proof of Censorship

Here you have a Greek tragedy of a downward spiral in art, culminating in a work being sold by a horse-era institution, propped up by 100 years of destructive philosophy, confirmed shadow games since the 1940s, recent inflationary money printing, and blatant one-sided activism. It’s worth stepping back to see the big picture. A shiny…

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Italy’s largest bank steps into Bitcoin with $1M purchase

Key Takeaways Intesa Sanpaolo purchased $1 million worth of Bitcoin as a test strategy. Institutional crypto adoption is expanding with significant investments from major firms. Share this article Intesa Sanpaolo, Italy’s largest banking group, purchased 11 Bitcoin worth approximately 1 million euros ($1 million) in its first spot Bitcoin acquisition, Bloomberg reported. The purchase was…

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Bullish Momentum Drives Push Toward $6

Este artículo también está disponible en español. SUI has been going through a remarkable surge recently and has just touched a new all-time high at $5.36. Traders and investors are all attracted to this sudden breakthrough from the resistance level of $4.80. Related Reading Whether SUI will continue the trend and hit $6 remains the…

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¿Se elevará o caerá de nuevo?

Este artículo también está disponible en español. A raíz del accidente de bitcoin de ayer, los participantes del mercado están examinando de cerca si la criptomoneda líder por capitalización de mercado puede recuperarse o si enfrenta la posibilidad de otra disminución. En una publicación compartida en X Today, 4 de febrero, el proveedor de datos…

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WisdomTree files for XRP ETF via Delaware trust

Key Takeaways WisdomTree filed to establish a Delaware trust for a proposed XRP ETF. This filing is part of increasing crypto ETF activity beyond Bitcoin and Ethereum. Share this article WisdomTree, managing approximately $113 billion in assets, has filed to establish a trust entity for a proposed XRP exchange-traded fund in Delaware. The Delaware trust…

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The crypto law alphabet soup of the UAE

Opinion by: Irina Heaver, crypto lawyer Any crypto entrepreneur trying to navigate the United Arab Emirates’ crypto ecosystem inevitably encounters the myriad acronyms used in the country’s legal landscape. From the SCA and VARA to the DMCC, ADGM and DFSA, what do these mysterious combinations of letters stand for, and how does one navigate this…

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