Standard Chartered Bank analyst Geoff Kendrick thinks Ethereum could quadruple by 2025. Bitcoin (BTC -1.79%) has stolen the cryptocurrency spotlight.
Pal identifies cryptocurrencies as a key opportunity in the face of global financial challenges, seeing it as the most dynamic asset class amid debt cycles. Pal is excited about AI’s potential but notes the investment landscape is complicated by rapid innovation and dominance by firms like OpenAI. Coutts highlights the early success and challenges of […]
PRESS RELEASE. GAIMIN (www.gaimin.io), the world’s leader in delivering decentralised data processing power through gaimin.cloud (www.gaimin.cloud), and io.net (www.io.net) one of the world’s largest Decentralized Physical Infrastructure Network (DePIN) for AI compute have agreed to investigate how the synergistic technologies from both companies can be integrated to deliver the processing capability to support the growing […]
The Bitcoin Company has unveiled its new Remittances API, allowing individuals and financial institutions to send instant payments to any bank account in Mexico and Brazil in under 1 second, according to a press release sent to Bitcoin Magazine. This API marks the company’s expansion into international remittances, with plans to extend services to the […]
In a landscape where Shiba Inu’s ambitious burn initiative and Helium Mobile’s volatile updates stir the crypto community, BlockDAG emerges as a harbinger of blockchain’s future. With its strategic vision to harness a $600 million roadmap, BlockDAG transcends traditional crypto narratives and positions itself as a sanctuary for investors seeking stability and innovation amidst market […]
Cryptocurrency analyst Kevin Svenson is forecasting the path forward for Bitcoin (BTC) over the coming weeks and months. In a new video, Svenson tells his 73,700 YouTube subscribers that higher levels of volatility will ensue if and when Bitcoin surges by nearly 40% from the current level. According to Svenson, once Bitcoin confirms the fourth […]
Bitcoin ETFs might not be the main driving force behind the Bitcoin price action
Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This notable surge would represent a 760,000% increase from the current TVL levels, which stand at $13 million. Frax Finance […]
TL;DR Binance Futures launches the exciting Futures Ultimate Challenge, where participants have the chance to win a Tesla Model Y and share 1.4 BTC in vouchers. The challenge includes a daily BTC price prediction competition and a weekly Tesla challenge, with tasks to earn “Golden Tickets” and increase your chances of winning prizes. Participants can […]
TL;DR Fantom (FTM) has experienced a 183% increase in its price in just four weeks. The anticipated upgrade known as Sonic is driving the recent success of FTM by improving its underlying technology without the need for a hard fork. The inclusion of perpetual futures of FTM on Coinbase International Exchange and Coinbase Advanced will […]
… cryptocurrency investment. Its ability to capitalize on viral trends and foster a dedicated community has set a high bar for success within this …
Bitcoin is the number one crypto investment choice among BlackRock’s clients, who have little interest in getting access to other coins, according to Robert Mitchnick – the firm’s Head of Digital Assets. The representative’s words are sobering for the blockchain industry, much of which bore hopes of the world’s largest asset manager taking the broader […]
A report issued by a United Nations panel of experts has concluded that cyber crypto heists have provided 50% of the foreign currency income for North Korea since 2017. The report indicated that North Korean actors have been linked to 17 theft and hack events involving over $750 million in 2023 alone, and details several […]
FTX’s collapse demonstrated the wisdom of segregating the activities of market making on the one hand (Alameda) from those of running an exchange (FTX) and a custodian (FTX again) on the other. However, the question of whether to segregate the activities of operating an exchange and a custodian is more nuanced. Large banks often run […]
It would seem Fantom (FTM) hodlers have mastered the Zen mindset and don’t want to know about corrections, market FUD, or any of the scary news filling today’s market analysis. Launched in 2018, Fantom is a Layer 1 meant to compete with Ethereum. It uses a single consensus layer, called Lachesis Protocol, to support the […]
Macro investor and fund manager Dan Tapiero believes the bull market cycle for Bitcoin (BTC) is still in its early stages. The CEO of investment firm 10T Holdings tells his 114,500 followers on the social media platform X that Bitcoin could soar 3x from its current value in the next year or two. “Conservative again […]
XRP painted a bearish scenario throughout last week following a quick rejection. This week came with a relief and the asset bounced slightly from the recent dip to where it currently trades above a key support. Two weeks ago, XRP faced resistance near the $0.75 level after rising by 50% in six weeks. That triggered […]
Grayscale’s Grayscale Bitcoin Trust (GBTC) is seeing massive outflows
Analysts at financial services firm Bernstein are increasing their price expectations for Bitcoin. This follows a revised report in which they boosted their year-end target for the flagship crypto token’s price. Bitcoin To Hit $90,000 By The End Of 2024 According to a report by CoinDesk, Bernstein analysts Gautam Chhugani and Mahika Sapra have raised […]
Don't assume the IRS doesn't know about your cryptocurrency transactions simply because you didn't swap your digital coins for cash. The No. 1 …
TL;DR SEC Chairman Gary Gensler calls for transparency in cryptocurrency markets. It highlights the need for cryptocurrency exchanges to register and comply with the same regulations as traditional financial institutions. It focuses on the importance of disclosing climate and cybersecurity-related risks, as well as uncertainty over Ether’s classification. Transparency in financial markets is essential for […]
Super Sushi Samurai, a blockchain game native to layer-2 solution Blast, was exploited hours before its much-anticipated gaming product was launched. The exploit, reportedly orchestrated by a white hat hacker, has resulted in a loss of $4.6 million due to a bug in its smart contract code. Smart Contract Bug Exploited According to an announcement […]
As the weekend approaches, the crypto economy experienced a downturn, declining 4.38% in the past 24 hours to a total value of $2.42 trillion. Bitcoin saw a decrease of 5.5% against the U.S. dollar during this period, while ethereum’s value dropped by 5.3%. In contrast, fantom (FTM) enjoyed a 12% increase, and aptos (APT) rose […]
N26 has launched N26 Crypto, a new cryptocurrency trading product aimed at optimizing the customer experience in France. This latest offering enables N26 customers in France to invest in over 200 cryptocurrencies directly through the N26 application. Clarity and Safety in Cryptocurrency Transactions The introduction of N26 Crypto signifies the company’s focus on providing accessible […]
In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager’s approach to Bitcoin, cryptocurrencies and the future of the crypto market. Mitchnick emphasized that Bitcoin remains, overwhelmingly, the top priority for BlackRock’s clients, with minimal interest in other […]
A privacy-focused altcoin that uses eye-scanning artificial intelligence (AI) technology is implementing a new custody feature that will allow users to store their data on personal devices. In a new blog post, Worldcoin (WLD), created by OpenAI chief executive Sam Altman, says that the change will increase Worldcoin’s utility in general and is a step […]
Cryptocurrency traders constantly look for the next big project to yield significant profits. However, not all of their investments result in massive gains. A recent report by Lookonchain revealed that a trader lost more than $1 million within three days. When Buying High Doesn’t Result In Selling Higher According to the blockchain research platform Lookonchain, […]
ASIC Commissioner, Alan Kirkland, has outlined the regulator’s planned approach to tackle crypto’s “regulatory trilemma”. Kirkland said balancing the competing demands of innovation, investor protections and market integrity was important for any future regulation of crypto markets. Establishing clear and enforceable rules is a priority, however Kirkland also said ASIC wasn’t afraid to take enforcement […]
Web3 gaming companies need to better engage users The world of blockchain gaming is getting bigger and better, with companies forming partnerships to attract more players to the exciting realm of Web3 gaming. Web3 innovator Immutable has added 75 Web3 games in just three months, making a total of 270 blockchain games available on their […]
In the past week, Cardano saw a notable loss and dipped to a month low, which now served as temporal support on the daily. It recovered a bit this week, but it now looking stalled under a key resistance level. ADA’s bear took a brief break in bearish this week and the price rose by […]
‘$1 million Bitcoin’ advocate Samson Mow has commented on recent outflows from Bitcoin ETFs
Part of the scheme relied on 'Akoin' – a cryptocurrency created in 2018 and boasting the slogan “One Africa. One Koin.” The crypto, along with the …