The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the Financial Action Task Force (FATF) standards. In 2021, FATF placed Turkey on its “grey list” due to inadequate oversight of […]
Standard Chartered Predicts Bitcoin Could Hit All-Time High This Weekend
Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $ 73,798 by this weekend. His optimistic outlook is fueled by the anticipated approval of spot ether exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), which he …
Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year
David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […]
Is this the Next Big Solana Meme Coin? SEAL Presale is Soaring
There’s a new Solana meme coin that’s turning heads and getting retail investors excited. That coin is Sealana (SEAL), and judging by the level of presale demand, it could be primed as the next big Solana-based joke token. Sealana – The Chubby Seal Meme Coin Taking Solana By Storm For those not in the “degen” […]
Standard Chartered Now Expects SEC to Approve Spot Ethereum ETFs This Week
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows of $ 15 billion to $ 45 billion into ether …