Crown Investment Group

Morocco To Legalise Bitcoin And Crypto, Says Central Bank Chief

Morocco is poised to lift its long-standing ban on Bitcoin and cryptocurrencies, signaling a significant shift in the nation’s financial policy. According to Reuters, Abdellatif Jouahri, the Governor of Bank Al-Maghrib (BAM), announced that a draft law regulating crypto assets is in the final stages of adoption. “We have prepared a draft law regulating crypto assets, which is currently in the adoption process,” Jouahri stated during an international conference in Rabat.

$200 Billion Gone From Crypto Markets as Bitcoin (BTC) Dumps Below $93K (Market Watch)

Bitcoin’s price was stopped ahead of $100,000, and the subsequent rejection pushed it south hard, causing the asset to lose over six grand in hours.

The altcoins have also turned red, with massive declines from the likes of Solana, Dogecoin, Cardano, Stellar, Polkadot, and many others.

ZA Bank starts offering crypto trading services directly to retail users

Hong Kong’s digital bank ZA Bank has started offering cryptocurrency trading services directly to retail users.

Through the ZA Bank app, users can now seamlessly trade top cryptocurrencies in HKD and USD (this platform currently supports trading services exclusively for Bitcoin and Ethereum) — all within a single platform, with no need to switch between apps or platforms, simplifying the entire investment process.

Crypto Today: XRP gains 10%, Cardano, XRP, and DOGE price rallies, delay Bitcoin’s $100K breakout

The global cryptocurrency market capitalization grew by $230 billion on Friday crossing the $3.29 trillion mark.
The cryptocurrency sector valuation has scored new all time highs in each of the last 5 trading days
Bitcoin dominance (BTC.D) fell below the 60% mark within the daily timeframe.

UK government set for crypto regulations next year, officials says
Officials say the United Kingdom (UK) government is preparing to set a new regulatory framework for the crypto industry, including stablecoin, by next year.

Crypto Investor Turned $33K into $12.2M in just 24 days

The crypto trading industry is buzzing, with bulls dominating over the bears as the Bitcoin price has regained support. More importantly, it is attempting a surge to $92K after declining from the recently created ATH of $93.4K. Meanwhile, many other altcoins are booming with gains, including ai16z, a newly launched token that has made millions in profits for a crypto investor in just 24 days, showing the market’s potential.

XRP Price Powers Past $1.00, Here’s Why a $5 All-Time-High is Incoming

The XRP price is soaring, up 30% in the past 24 hours to $1.08, taking out the $1.00 level resistance in play since December 2021.

Shiba Inu (SHIB) Joins Crypto Elite With 81% Gain, But Epic Twist Happens

Today, the popular meme-inspired cryptocurrency Shiba Inu (SHIB) saw real excitement, namely with its position onn the cryptocurrency market - in its top echelons - as it climbed into the top 10 largest cryptocurrencies by market capitalization according to CoinMarketCap, where it had long given way to Tron (TRX) and Toncoin (TON). However, with an increase of more than 81% over the past nine days, the price of SHIB reached a high of $0.00003, and the capitalization of the popular cryptocurrency, as a result, came to the mark of $17.4 billion. This places it, for the moment, in 10th place in a ranking of the 10 largest.

Bitcoin neared $90,000 in a new record high. What to know about crypto’s post-election rally

Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high

Bitcoin breaks $79K and 'no rash action is needed,' says analyst

Bitcoin has broken the $79,000 price level for the first time and many traders are sharing the sentiment that "this is just the beginning."
Bitcoin's price has soared above the $79,000 level for the first time ever in a week during which it reached several new highs since Donald Trump was reelected as president of the United States.

The intersection of Trump’s promises and Bitcoin’s $250,000 forecast

2024 US elections live: Trump speaks, declares victory

Tesla Quietly Transfers $765 Million In Bitcoin, Putting Musk's Cryptocurrency Strategy Under Intense Scrutiny Amid Market Concerns

Elon Musk's ventures into cryptocurrency are raising eyebrows once again. Blockchain analytics firm Arkham Intelligence reported that Tesla recently

Billionaires Are Buying a BlackRock Index Fund That Could Soar Up to 73,000%, According to Wall Street Experts

In the first half of 2024, the billionaires listed below started positions in BlackRock's exchange-traded fund (ETF) that tracks the spot price of Bitcoin (CRYPTO: BTC). The fund is called the iShares Bitcoin Trust (NASDAQ: IBIT). Their positions remain small, but their ownership is still noteworthy because they manage the three best-performing hedge funds in history as measured by net gains, according to LCH Investments.

Man Who Accidentally Threw Hard Drive Containing 8,000 Bitcoins Worth Half A Billion Dollars In Landfill Sues Local City Council For Not Excavating The Site

Crypto short liquidations breach $100M as Bitcoin reclaims $64K

Bitcoin reached its highest price so far in October, surging above $64,000 early on Oct. 14 and liquidating over $52 million from those betting its price would fall.

AI Impact
Nvidia shares are up 25% in the last month, rallying near a record ahead of tech earnings

- Nvidia’s shares have surged 25% in the last month and are closing in on a record high as tech earnings season nears.
- The company, which has been the leading beneficiary of the artificial intelligence boom, has seen its stock jump over 165% this year after more than tripling in 2023.
- Top tech companies like Meta, Alphabet, Microsoft, Oracle and OpenAI continue to unveil new AI technologies and products that require investment in Nvidia’s chips.