Kritika Mehta

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Articles

Standard Chartered Predicts Bitcoin Price at $500k by 2028

2 months ago | cryptonewsz.com | Kritika Mehta |Harsh Chauhan

Bitcoin price trajectory has taken center stage again as Standard Chartered’s latest forecast suggests it could reach $500,000 by 2028. The projection comes as institutional demand surges and regulatory conditions shift in favor of digital assets. A Look At Standard Chartered’s Bitcoin Price PredictionBitcoin price recently surged past the $100,000 mark following Donald Trump’s presidential election win. It has since pulled back slightly, now trading at $98,000.
Sen. Cynthia Lummis Lauds Wyoming For Bitcoin Reserve Bill

Jan 17, 2025 | cryptonewsz.com | Kritika Mehta

Freshman Representative Jacob Wasserburger has introduced the “State Funds-Investment in Bitcoin Act” (HB0201) in Wyoming, proposing the creation of a BTC strategic reserve for the state. This move garnered praise from Senator Cynthia Lummis. The bill aims to position Wyoming as a leader in Bitcoin innovation and support long-term financial stability through crypto investments.
WazirX Gets $3M USDT Frozen Amid Hack Recovery Efforts

Jan 17, 2025 | cryptonewsz.com | Kritika Mehta

Indian crypto exchange WazirX announced on Friday, January 17, 2025, that it has successfully frozen $3 million worth of stolen assets. This move comes as part of its ongoing efforts to recover funds lost during a significant cyberattack last year. WazirX Reaches Major Milestone in Fund Recovery EffortsIn an official statement, WazirX confirmed the recovery of assets valued at $3 million in USDT.
Solana Price Gains 14% Amid Trump's Crypto Reserve Talks

Jan 16, 2025 | cryptonewsz.com | Kritika Mehta

The Solana price surged by 14% following reports of President-elect Donald Trump exploring a strategic reserve for cryptocurrencies, focusing on US-originated digital assets. The proposed reserve would prioritize cryptocurrencies such as Solana (SOL), USD Coin (USDC), and Ripple’s XRP. Trump to Create Solana, XRP Reserve? In recent weeks, Trump has reportedly engaged with the creators of these cryptocurrencies, signaling potential support for the initiative.
Nasdaq Files 19b-4 For Canary Litecoin ETF, SEC Review Pending

Jan 16, 2025 | cryptonewsz.com | Kritika Mehta

On January 16, Nasdaq submitted a Form 19b-4 to propose the listing and trading of the Canary Litecoin ETF, signaling progress in the ETF’s approval process. This move follows Canary Capital’s amendment of their S-1 filing for the same ETF on January 15. It indeed suggests active engagement with the U.S. Securities and Exchange Commission (SEC). What’s Next For Litecoin ETF After Latest Nasdaq Filing?
Coinbase Bags Major Victory SEC Lawsuit, Why Does It Matter?

Jan 13, 2025 | cryptonewsz.com | Kritika Mehta

On January 13, 2025, the United States Court of Appeals for the Third Circuit issued a ruling favoring Coinbase in its ongoing legal conflict with the Securities and Exchange Commission (SEC). The court deemed the SEC’s 2023 denial of Coinbase’s petition for crypto-specific regulations “arbitrary and capricious,” requiring the agency to clarify its stance.
Semler Scientific Buys Another $23M Bitcoin, $100K Rally Soon?

Jan 13, 2025 | cryptonewsz.com | Kritika Mehta

Semler Scientific, Inc., a medical technology company, has significantly increased its Bitcoin (BTC) holdings. Between December 16, 2024, and January 10, 2025, the company acquired 237 BTC at an average price of $98,267 per Bitcoin, including fees. This addition, valued at $23.3 million, raises the company’s total Bitcoin reserves to 2,321 BTC. Semler Scientific’s BTC GameThe company’s total investment in Bitcoin now amounts to $191.9 million.
XRP ETF Approval Odds Surge Amid 2025 Optimism

Jan 10, 2025 | cryptonewsz.com | Kritika Mehta

Speculation around the approval of a spot XRP ETF has heightened interest in the crypto market. Predictions for XRP price trajectory in 2025 have seen a significant boost as investors closely monitor developments. What Are The Odds of XRP ETF Approval? According to Polymarket data, the probability of an XRP ETF being approved has climbed to 69%, marking a 21% increase lately.
Shiba Inu's Shytoshi Kusama Unveils Major Listing For TREAT

Jan 10, 2025 | cryptonewsz.com | Kritika Mehta

The Shiba Inu ecosystem is gearing up for the debut of its fourth token, TREAT, which will simultaneously launch on several major crypto exchanges, including KuCoin, Bitget, and Gate.io. Shytoshi Kusama, the lead developer of Shiba Inu, shared his enthusiasm on X. He wrote, “When I said this launch will be like no others, this is one example.
Biden Govt. to Sell $6.5B Bitcoin? Here's What Could Happen Next

Jan 9, 2025 | cryptonewsz.com | Kritika Mehta

In a post on X, Bitwise CIO Matt Hougan commented on reports of a potential $6.5 billion Bitcoin sell-off by the Biden administration. He offered two bullish ways the market could tackle the situation.