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Crypto News Archives - Page 3 of 4 - MarketDraft BlogMarketDraft Blog Crypto News Archives - Page 3 of 4 - MarketDraft Blog

Category: Crypto News

Donald Trump Teases New Cryptocurrency Project: What We Know So Far

In a move that has stirred significant attention across both political and financial landscapes, former U.S. President Donald Trump has teased a new cryptocurrency project known as “The DeFiant Ones.” This initiative, which he has promoted on his social media platform Truth Social, appears to be a comprehensive venture into the world of decentralized finance… Continue reading Donald Trump Teases New Cryptocurrency Project: What We Know So Far

SEC Cracks Down on $650 Million Crypto Fraud

The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against NovaTech Ltd. and its founders, Cynthia and Eddy Petion, alleging a massive $650 million crypto fraud scheme that targeted over 200,000 investors worldwide. According to the SEC’s complaint, NovaTech operated as a multi-level marketing (MLM) and crypto asset investment program from 2019 to… Continue reading SEC Cracks Down on $650 Million Crypto Fraud

WBTC in Turmoil: Justin Sun and the BitGo Shake-up

Wrapped Bitcoin (WBTC) has recently found itself at the center of a cryptocurrency storm, with concerns swirling around its future following BitGo’s announcement of a joint venture with BiT Global. The involvement of Justin Sun, a controversial figure in the crypto space, has only heightened the speculation and anxiety. What is Wrapped Bitcoin (WBTC)? Before… Continue reading WBTC in Turmoil: Justin Sun and the BitGo Shake-up

The Resurgence of Bitcoin: Reasons, Predictions, and the Ethereum Enigma

Bitcoin, the world’s first and most prominent cryptocurrency, has recently experienced a surge in price, inching closer to its all-time high. This resurgence can be attributed to several factors: 1. Increased Institutional Adoption: Large financial institutions like Fidelity and BlackRock are now offering exposure to Bitcoin to their clients, signifying a growing acceptance and legitimacy… Continue reading The Resurgence of Bitcoin: Reasons, Predictions, and the Ethereum Enigma

Bitcoin ETF Anticipation: A Market on Edge

January 2024 has morphed into a battleground for Bitcoin bulls and bears. The air crackles with anticipation for a potential US-based spot Bitcoin ETF, a catalyst that could send the world’s most popular cryptocurrency soaring – or crashing. Let’s dive deeper into the market research and data fueling this volatile dance. Fueling the Fire: Positive… Continue reading Bitcoin ETF Anticipation: A Market on Edge

Gold vs. Bitcoin: A Comparative Analysis

Gold vs. Bitcoin: A Comparative Analysis In the realm of investments and store of value, gold and Bitcoin represent two vastly different eras. Gold, a tangible asset, has been valued for millennia, while Bitcoin, a digital currency, emerged only a little over a decade ago. This article aims to compare these two assets in terms… Continue reading Gold vs. Bitcoin: A Comparative Analysis

Have you heard of the infamous Cryptoqueen?

Ruja Ignatova is a German-Bulgarian businesswoman who is the founder of OneCoin, a fraudulent cryptocurrency scheme that is estimated to have bilked investors out of over $4 billion. She is currently on the FBI’s Ten Most Wanted Fugitives list, is the only woman on the list, and one of just 11 women to ever be… Continue reading Have you heard of the infamous Cryptoqueen?

A Technical Recession

Stocks have been hammered since the beginning of 2022 with increasing inflation that doesn’t seem to stop. Even after two 50-point base rate hikes, inflation spiked and currently sits at 8.6% up from 8.3% which is the most since 1981. This is very confusing because you have a jobs report that added 390,000 jobs in… Continue reading A Technical Recession

Crypto Legislation Begins

Depending on what side of the Crypto Coin you’re on, Crypto legislation may be good or bad for business. Purists believe it should stay as originally intended… Decentralized. While many others feel that without guaranties from governments and Banks backing it, it may backslide into the abyss. I for one feel that crypto can never… Continue reading Crypto Legislation Begins

Analyst says $100,000 Bitcoin by next year

The president of macroeconomic research firm Lamoureux & Co., Yves Lamoureux, who has made some prescient predictions on crypto (not to mention equities). He said the so-called winter for bitcoin BTCUSD is over for now, with a forecast for the No. 1 cryptocurrency to reach $100,000 by later 2023, in a run higher that could last… Continue reading Analyst says $100,000 Bitcoin by next year

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