Next Week’s Crypto Macro Catalyst: Crypto Market Focus Shifts to CPI and FOMC Meeting

Next week is expected to be quite volatile for cryptocurrency investors, who are preparing for two major economic events that are yet to happen in 2023. The cryptocurrency market is gearing up for a big week ahead as all eyes are now on the upcoming CPI news. Bitcoin’s recent rise from $27,000 to over $43,000, […]

Continue Reading

Fidelity’s FBTC Bitcoin Spot ETF Inches Closer to SEC Approval on DTCC Listing

According to DTCC data, the listing of the Fidelity Bitcoin Spot ETF under the symbol FBTC on the DTCC website indicates an imminent approval by the United States Securities and Exchange Commission (SEC). As growing anticipation over the approval of a spot Bitcoin ETF continues to drive BTC prices higher, Jurrien Timmer, head of global […]

Continue Reading

Republic of Palau Confirms “Great Satisfaction” with Pilot CBDC Made with Ripple

Palau announced that it successfully concluded its central bank digital currency (CBDC) pilot project with Ripple last September. Palau conducted a final survey where 81.8% of respondents showed satisfaction with the use of the digital currency. The Palau Ministry of Finance confirmed that it will make regulations to implement the pilot project nationwide. The Republic […]

Continue Reading

El Salvador Confirms Profits from Bitcoin Purchase: “We Are Not Going to Sell Our BTC”

Through his X (Twitter) account, Bukele shared a message that raises the question: Why don’t we sell our Bitcoin? If the country decided to sell all of its Bitcoin now, it could not only recover 100% of its investment. It would also have estimated profits of $7 million, however the strategy is long-term. The President […]

Continue Reading

Jamie Dimon About the Crypto Industry: “If I Were the Government, I’d Close It Down,” And Other News of the Week

JP Morgan Chase’s president, Jamie Dimon, has no doubts about the cryptocurrency industry. “If I were the government, I would close it,” one of the most important bankers said this Wednesday in an appearance at the meeting of the Senate banking committee. This was news this week, along with other important events in the Bitcoin […]

Continue Reading