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ForkLog 10 18.11.2024

Bernstein Identifies Catalysts for Bitcoin’s Rise to $200,000

Analysts at Bernstein have identified key catalysts that could propel Bitcoin to a target level of $200,000 by 2025, according to The Block. Experts highlighted the significant roles of the SEC chairman and the Treasury Secretary in Donald Trump’s new administration after January 20. According to Polymarket, Howard Lutnick, CEO of Cantor Fitzgerald, is the […]

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ForkLog 3 15.11.2024

Bitcoin Faces Correction Risks Amid High Leverage, Warns Expert

The distribution of implied volatility in the bitcoin options market suggests a high probability of trading at lower levels, according to experts from Blofin, as reported by CoinDesk. “Traders have reached an implicit consensus that prices for the leading cryptocurrency and altcoins are still high, and a pullback is possible,” commented the specialists. Blofin noted […]

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ForkLog 12 14.11.2024

Trump Nominates Bitcoin Advocate for Defense Secretary

Donald Trump has nominated Bitcoin supporter Pete Hegseth for the role of U.S. Secretary of Defense. pic.twitter.com/jVxEwyJkzO — Donald J. Trump (@realDonaldTrump) November 13, 2024 “I am honored to announce that I have nominated Pete Hegseth for the position of Secretary of Defense in my cabinet. Pete has been a warrior all his life, serving […]

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ForkLog 11 14.11.2024

Ukrainian MP: 42% of New Cryptocurrency Law Agreed Upon

The Ukrainian law “On Virtual Assets,” with new amendments addressing the requirements of the FATF and MiCA, is undergoing coordination with the participation of the Ministry of Digital Transformation, the NBU, and the NSSMC. This was reported by Member of Parliament Yaroslav Zheleznyak on his Telegram channel. According to him, the working group has so […]

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ForkLog 37 13.11.2024

Joe Lubin Sees Trump’s Victory as a Boon for Ethereum

Ethereum could benefit more from Donald Trump’s victory in the US presidential election than any other protocol, according to Joseph Lubin, founder and CEO of ConsenSys, in an interview with Cointelegraph. The executive attributed his view to the anticipated change in leadership at the SEC, whose current policies have “hindered” Ethereum’s development. “America has kept […]

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ForkLog 5 07.11.2024

CoinShares Explores Bitcoin Reserve Prospects Under Trump

The administration of Donald Trump is likely to create more favorable conditions for cryptocurrencies, including the adoption of a Bitcoin law. This conclusion was reached by CoinShares. “The proposal will establish digital gold as a strategic reserve asset, with the US government able to acquire up to 5% of the available issuance,” the report states. […]

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ForkLog 6 07.11.2024

Trump’s Crypto Policy Priorities: Ending SEC Enforcement and DOJ’s Tornado Cash Prosecution

Donald Trump’s cryptocurrency policy priority will be to halt enforcement actions by the SEC and the Department of Justice’s pursuit of Tornado Cash. This was stated by Variant Fund’s CLO Jake Chervinsky. The top crypto policy priority for Trump must be ending Biden’s attempt to destroy the industry via regulation by enforcement. This means dropping […]

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ForkLog 24 06.11.2024

Crypto Industry Awaits Change as Trump’s Victory Sparks Optimism

The election of Republican candidate Donald Trump as President of the United States is seen as a catalyst for the development of the digital asset sector in the country, according to participants in the crypto industry. Gemini co-founder Cameron Winklevoss expressed satisfaction with the outcome of the race. Time to build baby build! ?? — […]

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ForkLog 5 06.11.2024

Elizabeth Warren Retains Senate Seat Against Crypto Advocate

John Deaton, a lawyer and cryptocurrency advocate, was defeated by Elizabeth Warren in the Massachusetts Senate race. Warren is known for her critical stance on digital assets, reports The Block. This marks Warren’s fourth term in the U.S. Senate. She is a member of the Senate Finance and Banking Committees, which oversee the SEC and […]

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ForkLog 6 05.11.2024

Binance Lawyers Seek Dismissal of SEC’s Revised Complaint

Lawyers representing Binance and its former CEO Changpeng Zhao have filed a motion to dismiss the amended complaint by the SEC. “The SEC verbally acknowledges the court’s decision that crypto assets are not ‘securities’ in themselves, yet refuses to accept the logical conclusion from it,” the document states. On June 29, Judge Amy Berman Jackson […]

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ForkLog 43 01.11.2024

NFT Creators Found Guilty of Rug Pull Scheme

Two U.S. citizens have been found guilty of conducting a rug pull following the successful launch of NFT collections, according to a press release from the Department of Justice. Twenty-one-year-old Berman Jerry Nowlin Jr. and 25-year-old Devin Alan Roden created two NFT collections on the Solana blockchain: UndeadApes and Undead Lady Apes. NFT collections UndeadApes […]

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ForkLog 12 23.10.2024

Vietnam Unveils National Blockchain Strategy

The Vietnamese government has adopted a National Strategy for the application and development of blockchain technology for the years 2025-2030, as reported by Vietnam.vn. Authorities noted that DLT is one of the leading technological trends of the Fourth Industrial Revolution. It significantly contributes to the creation of digital infrastructure and data security. Under the approved […]

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