Author Archives: pdgweb

Key points: Bitcoin remains above $100,000, but buyers are struggling to sustain prices above $105,000. Strong altcoin performances suggest an altseason has started. Bitcoin (BTC) is trading above $103,000, with buyers attempting to drive the price to the all-time high of $109,588. Research firm Santiment said in a post on X that Bitcoin whales and …

Continue reading “Price predictions 5/14: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX”

Tanim Rasul, chief operating officer at Canadian crypto exchange NDAX, said Canada “got it wrong” categorizing stablecoins as securities in 2022, and the country needs to realize that every other regulatory regime is looking at stablecoins as payment instruments. Rasul made the remarks during a panel on May 13 at the Blockchain Futurist Conference in …

Continue reading “Canada 'got it wrong' labeling stablecoins securities — NDAX exec”

Key points: Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies. Fed rate cuts seem increasingly far off despite encouraging inflation data. Bitcoin (BTC) hugged familiar territory around the May 14 Wall Street open …

Continue reading “Bitcoin breakout to $120K on radar as markets forget Fed July rate cut”

Summer Mersinger, one of four commissioners currently serving at the US financial regulatory body Commodity Futures Trading Commission (CFTC), will become the next CEO of the digital asset advocacy group the Blockchain Association (BA).  In a May 14 notice, the Blockchain Association said its current CEO, Kristin Smith, would be stepping down for Mersinger on …

Continue reading “CFTC Commissioner will step down to become Blockchain Association CEO”

Opinion by: Mike Cahill, co-founder and CEO of Douro Labs Despite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building.  Take the US, for example — here, the top 10% of earners own more than 90% of all stocks. …

Continue reading “The facet of TradFi most ripe for disruption is equities”

Opinion by: Mike Cahill, co-founder and CEO of Douro Labs Despite the institutional frenzy around crypto and the ubiquitous narrative of democratized access to investing, most of the world population is still barred from traditional wealth-building.  Take the US, for example — here, the top 10% of earners own more than 90% of all stocks. …

Continue reading “The facet of TradFi most ripe for disruption is equities”