Benito Cormi

ECB Official’s Opinion: Bitcoin is Speculative and Unlikely Choice for Purchase by Central Bank

Benito CormiJan 12, 20242 min read

ECB’s Isabel Schnabel Criticizes Bitcoin, Promotes CBDCs In a recent Q&A session, Isabel Schnabel, a member of the ECB executive board, expressed her skepticism towards bitcoin,…

Addressing AI Challenges and Public Skepticism: World Economic Forum Prepares for Davos Summit

Benito CormiJan 12, 20242 min read

WEF Report Raises Concerns About Disinformation, AI, and Quantum Computing The World Economic Forum (WEF) is about to kick off its 54th annual meeting, which will…

Genesis Global Trading Resolves New York Regulatory Non-Compliance for $8M, Surrenders Bitlicense

Benito CormiJan 12, 20242 min read

Genesis Global Trading Agrees to $8M Settlement Fine and Bitlicense Forfeiture Genesis Global Trading has reached an agreement with the New York State Department of Financial…

AI Chatbots Predict Bitcoin’s Price Range of $60K to $90K in 2024 Amid ETF Inflows and Halving Hype

Benito CormiJan 12, 20243 min read

The January Prediction: AI Chatbots Forecast Bitcoin at $60K-$90K by End of 2024 In January 2024, Bitcoin.com News asked six AI-driven chatbots to predict the value…

SEC Requests Court Order for Ripple’s Financial Statements Amid Ongoing Legal Dispute

Benito CormiJan 12, 20243 min read

SEC Seeks Financial Statements and XRP Contracts from Ripple The U.S. Securities and Exchange Commission (SEC) is intensifying its scrutiny of Ripple Labs. The SEC has…

Consolidation Phase Strengthens as Upper Resistance Shows Signs in BTC: Technical Analysis

Benito CormiJan 12, 20243 min read

Bitcoin Remains Stable within a Limited Price Range The leading cryptocurrency, bitcoin, has maintained a relatively stable price range after experiencing a surge to the $49K…

Enabling the Expansion of a Futile Asset to Everyday Americans: Better Markets’ Perspective on Bitcoin ETFs

Benito CormiJan 12, 20242 min read

US SEC Approval Enables Mass Marketing of Worthless Bitcoin ETFs, Says Nonprofit Better Markets, a nonprofit organization focused on promoting public interest in financial markets, has…

Turkey’s Finance Minister Anticipates Cryptocurrency Regulations Mitigating Risks in Crypto Trading

Benito CormiJan 12, 20242 min read

Mehmet Simsek Announces Final Stage of Turkey’s Crypto Regulations Turkish Finance Minister Mehmet Simsek has revealed that the draft cryptocurrency regulations in Turkey are nearing completion.…

Coinbase’s Roadmap and Goals for 2024: Rollup Base Enhancements Revealed

Benito CormiJan 12, 20242 min read

Base Sets Ambitious Goals for 2024 Base, the Ethereum rollup supported by Coinbase, has released an updated roadmap outlining its goals for 2024. In addition to…

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