In this week’s top crypto news, Elon Musk talks about making social media platform X into something of a financial monolith, Bitcoin.com News celebrates the 15-year anniversary of the Bitcoin white paper with a look at Satoshi’s seminal and groundbreaking work, and more exchange-traded fund (ETF) predictions emerge. This and more, just below, in the latest Bitcoin.com News Week in Review.
Elon Musk Unveils Plan to Turn X Into ‘Powerful’ Financial Platform — ‘You Won’t Need a Bank Account’
Billionaire Elon Musk has revealed that he is turning his social media platform X, formerly Twitter, into an all-encompassing financial platform. “When I say payments, I actually mean someone’s entire financial life … If it involves money. It’ll be on our platform,†he claimed, emphasizing: “You won’t need a bank account.â€
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SEC Wants $ 770 Million From Ripple — Lawyer Says SEC Is ‘Pissed and Embarrassed’
The U.S. Securities and Exchange Commission (SEC) reportedly wants Ripple to pay a $ 770 million penalty for violating securities laws. Crypto lawyer John Deaton explained that the securities regulator is “pissed and embarrassed†after it lost several legal battles against the crypto firm.
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Celebrating 15 Years of Bitcoin: Unraveling Satoshi Nakamoto’s Seminal White Paper
Fifteen years ago, on a memorable Halloween night, Satoshi Nakamoto introduced the world to Bitcoin through a white paper that laid the foundation for decentralized digital currencies. Published on a cryptography mailing list, this seminal document provided a comprehensive solution to the long-standing double-spending problem without the need for a trusted third party.
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Analyst Predicts Bitcoin Price Rising to $ 150,000 by 2025 — ‘Imminent’ Approval of Spot Bitcoin ETFs Expected
Global asset management firm Alliance Bernstein expects the price of bitcoin to reach $ 150,000 by 2025. The firm’s analyst has predicted “imminent†approvals of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC), including those by leading asset management companies like Blackrock and Fidelity.
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What are your thoughts on this week’s top stories? Be sure to let us know in the comment section below.
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