FBS2.0_Green.png. FBS Research Examines Cryptocurrency's Impact in Hyperinflated Economies. October 30, 2024 09:28 …
Crypto veteran Arthur Hayes thinks upcoming Chinese monetary policy will boost the price of Bitcoin (BTC). Hayes notes in a new analysis that BTC’s price “will soar” as long as fiat money is printed, regardless of who the recipient is. “The rhetoric right now from financial analysts is that the announced Chinese stimulus measures are […]
Ethereum’s staking yield is now lower than major Layer-1 protocols, with alternatives offering 7% to 21% returns. The validator queue for ETH has shortened significantly, indicating decreased demand. Traditional finance rates, such as 2-year Treasury yields, are surpassing ETH staking yields, leading to reduced collateral value. Despite lower yields, Ark Invest views Ethereum as crucial […]
Dogecoin (DOGE) has surged over 39% recently, sparking renewed euphoria and optimism among traders and investors. Key metrics from IntoTheBlock reveal that DOGE network activity has spiked multiple times over the past month, a sign of increased engagement that suggests the meme coin could be primed for more gains. As Bitcoin nears its all-time high, […]
TL;DR Despite an increase in revenue in the third quarter, Coinbase faces a challenging market and has lost the confidence of retail investors. The exchange’s shares have grown 27% this year. However, they are 40% below their all-time high. Coinbase is diversifying its revenue sources. Approximately half comes from institutional trading and non-trading services. Despite […]
TL;DR HEX (HEX) is a cryptocurrency designed as a high-interest savings account on the Ethereum blockchain, using staking for potential rewards. Price predictions for HEX from 2024 to 2030 vary widely, with some forecasts suggesting significant growth and others presenting a more conservative outlook. Investors should stay informed and consider the long-term potential of HEX, […]
Popular meme cryptocurrency SHIB has flipped AVAX amid major price growth
Publicly listed Bitcoin (BTC) miners from Wall Street are grappling with escalating production costs, with the average expense to mine one token reaching $49,500 in the second quarter, highlighting the growing challenges in the cryptocurrency mining sector. Bitcoin Miners Face Profitability Squeeze as Production Costs Soar The increasing costs, driven by rising electricity prices and […]
The proposed ETF holds a diverse basket of crypto assets, include altcoins. It may face competition.
Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate […]
Seasoned trader Peter Brandt believes that Bitcoin (BTC) may have entered the most explosive phase of the market cycle after reclaiming the $70,000 range Tuesday. Brandt tells his 745,000 followers on the social media platform X that Bitcoin has suddenly broken through a bearish pattern of lower high and lower low prices on the weekly […]
An analyst with a history of timely Bitcoin calls believes that conditions are now ripe for BTC to witness huge upside bursts to new all-time highs. Pseudonymous analyst Bluntz tells his 289,300 followers on the social media platform X that BTC appears to be in the initial stages of a parabolic rally that could take Bitcoin […]
Wall Street VCs are Selling Stocks to Buy Crypto- Bittensor, XRP, and This Viral Altcoin Top Buying Lists Wall Street Venture Capitalists are going all out, dumping legacy equity and embracing promising cryptocurrencies like Ripple (XRP), Bittensor (TAO), and DTX Exchange (DTX). These investments come at a time when DTX is attracting significant interest, having […]
PRNewswire/ — Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce an exclusive forum dedicated to …
A Bitcoin wallet containing around 749 BTC, equivalent to roughly $53.2 million, has been reactivated after nearly 12 years of inactivity. This sudden move in funds was detected in the early hours of Tuesday, as blockchain tracking platforms such as Mempool and Whale Alert recorded a transfer of approximately 159.2 BTC, valued at $11.3 million, […]
The Royal Government of Bhutan has come from nowhere to become one of the largest sovereign holders of Bitcoin. Earlier this year, Bhutan held a maximum of 13,011 BTC, valued at well over AU $1b. However, according to two separate analytics companies, Bhutan transferred nearly 1,000 BTC to Binance yesterday, potentially signalling its intent to […]
In his most recent video, Aussie crypto analyst Miles Deutscher touches upon current altcoin trends. The host notes that meme coins are the prevailing market narrative, with several projects demonstrating impressive resilience over the past six months. However, Deutscher believes that the real-world asset (RWA) sector is undervalued and may be set for big growth […]
Bitcoin on verge of claiming new all-time high
Coinbase and Visa introduced real-time crypto deposits via Visa debit cards to offer instant access to digital currencies for US and EU customers. Instant Crypto Transfers The collaboration between the two giant entities promises to improve how people manage their cryptocurrency investments. With eligible Visa debit cards, users can reportedly deposit funds into their Coinbase […]
A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.
Circle is entering an agreement with a Hong Kong telecommunications firm with the aim of building blockchain-based solutions for the Asia-based company. The USDC stablecoin issuer says it is signing a memorandum of understanding with the technology, media and telecommunications firm HKT to “explore a potential collaboration in developing blockchain-based customer loyalty solutions for merchants […]
TL;DR The Nakamoto Stacks upgrade is live, ensuring that confirmed transactions are as irreversible as those on Bitcoin. Transaction processing time has been significantly reduced. The technical foundation is laid for the launch of sBTC, scheduled for later this year. The Stacks network has taken a monumental step with the launch of the Nakamoto upgrade, […]
JPMorgan CEO Jamie Dimon called U.S. banking regulations “unfair and unjust,” warning they may destabilize the industry and asserting banks must “fight back” against overreach. JPMorgan’s Jamie Dimon Unleashes Fury on Banking Rules JPMorgan Chase CEO Jamie Dimon criticized U.S. financial regulations at an American Bankers Association event in New York on Monday, calling certain […]
The Upper Ottawa Valley (UOV) Detachment of the Ontario Provincial Police (OPP) is warning residents about a recent cryptocurrency scam that …
In crypto, timing is everything. Those who missed the Solana (SOL) leap from $15 to $180 might feel like they missed the gains of a lifetime. But here’s the upside: the market constantly churns out fresh opportunities for sharp investors. At the moment, a few overlooked projects are emerging and this might be the next […]
I know, it’s a big statement, but really, the more I think about it, the more I’m convinced – looking back, 2024 will be remembered as the defining year for Bitcoin, the year Bitcoin transformed from magic internet money into a real institutional investment and financial asset. The evidence is overwhelming: – Pension funds and […]
On-chain data shows the Bitcoin short-term holders have only been taking minimal profits recently despite the asset’s latest rally. Bitcoin Short-Term Holder SOPR Is Currently At Relatively Low Levels As pointed out by an analyst in a CryptoQuant Quicktake post, the short-term holder SOPR is still under the range that has signaled overheated conditions for […]
Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
A former personal banker at Citibank has admitted to stealing a huge pile of cash from an elderly customer. According to the office of the Manhattan District Attorney, 35-year-old Juan Velez stole tens of thousands of dollars from a 79-year-old customer over a span of 12 months. “According to court documents, statements made on the […]
Coinbase CEO Brian Armstrong is saying that the U.S. Securities and Exchange Commission (SEC) owes an apology to all Americans. Armstrong says on the social media platform X that the SEC’s approach to regulating digital assets has caused undue damage to the American people. “The next SEC chair should withdraw all frivolous cases, and issue […]
Bitcoin proponent Samson Mow expects stronger Bitcoin price action to occur soon
Founder of BitMEX, Arthur Hayes, writes in his latest blog post that Chinese stimulus plans could devalue the yuan and send Chinese investors flocking to Bitcoin as a hedge. Hayes says Bitcoin trading is thriving in mainland China, despite official bans, claiming investors get around the bans by trading peer-to-peer. Chinese government stimulus spending could […]