Key Takeaways BiT Global has sued Coinbase for unfairly delisting wBTC to promote its own cbBTC. Coinbase is accused of violating antitrust laws and misleading statements regarding wBTC standards. Share this article BiT Global has initiated a lawsuit against Coinbase, alleging the exchange unfairly delisted wrapped Bitcoin (wBTC) to promote its own competing product, Coinbase Wrapped BTC (cbBTC). The company argues that Coinbase’s claim of delisting wBTC due to “listing standards” is false, especially given that the exchange has recently onboarded several meme coins, including PEPE, WIF, and MOG. The…
Day: December 13, 2024
Perianne Boring Predicts Trump’s 2025 Economic Policies Will Drive Bitcoin Price to $800K
Bitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump. Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR — Mornings with Maria (@MorningsMaria) December 13, 2024 Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it…
Japanese lawmaker ‘Satoshi’ questions gov’t plans for Bitcoin reserve
Satoshi Yamada asked the Japanese government whether it could “convert part of its foreign exchange reserves” into Bitcoin or another token. Source link
Ether fractals target $5K, Avalanche raises $250M Finance Redefined
Increasingly more analysts and chart patterns are pointing to an imminent Ether breakout to an all-time high, bolstered by BlackRock doubling its Ether ETF holdings. Source link
AI memecoins will become utility tokens
AI memecoins are evolving into utility tokens, potentially powering an agentic AI revolution in Web3. Source link
Coinbase faces $1B lawsuit over wBTC delisting
BiT Global is suing Coinbase for $1 billion, claiming unfair practices after it delisted wBTC to promote its own competing product, cbBTC. Source link
Price analysis 12/13: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, LINK, SHIB
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout. Source link
Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Source link
VanEck sees Bitcoin at $180K with a US Bitcoin reserve in 2025
Key Takeaways VanEck forecasts Bitcoin reaching $180,000 in 2025, with the US potentially adopting it as a strategic reserve. The firm highlights Ethereum, Solana, and Sui as top-performing assets, alongside growth in AI agents, tokenized securities, and stablecoins. Share this article VanEck predicts Bitcoin will soar to $180,000 in 2025, driven by a maturing market and growing institutional demand, according to their new crypto forecast report. The fund manager also envisions the establishment of a US strategic Bitcoin reserve, which could either occur at the federal level or through state…
Tando Was All The Rage At This Year’s Africa Bitcoin Conference
Follow Frank on X. Before I even arrived at this year’s Africa Bitcoin Conference, I saw attendees posting about Tando, a new Kenya-based payments app that allows users to spend their sats with merchants who don’t accept bitcoin. Just arrived in Nairobi 🇰🇪🛬 & the 1st thing I see as I exit is the @tando_me sign LET’S GO @AfroBitcoinOrg 🙌🏾 pic.twitter.com/zhPSP2dTH8 — OKIN | Nikolai Tjongarero (@OKIN_17) December 8, 2024 “How is this possible?”, you might ask. Well, let me explain. To use Tando, you simply download the app and prepare…