A recent Coinbase report notes that the perceived value of numerous AI tokens has been overstated, leading to concerns regarding their sustainability. David Han, a research analyst at Coinbase, highlighted the recent price surges observed in these tokens may be driven more by hype than genuine utility or usage. Surge in AI-Related Crypto Projects Raises […]
The total value locked (TVL) in the decentralized finance (DeFi) sector surged last month, according to the crypto intelligence platform DappRadar. TVL refers to the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem. DappRadar notes in a new monthly analysis that the […]
A popular crypto analyst thinks meme crypto asset Dogecoin (DOGE) is gearing up for a big price explosion in the coming weeks. Ali Martinez tells his 50,700 followers on the social media platform X that historical patterns indicate the top meme asset could hit $1 by mid-April. The move would represent a nearly 500% increase […]
Coinbase executives are meeting with the U.S. Securities and Exchange Commission (SEC) to support the approval of a spot market Ethereum (ETH) exchange-traded fund (ETF). A new memorandum reveals that Coinbase executives met with the SEC earlier this week to sway the regulatory agency into greenlighting crypto asset manager Grayscale’s application for an Ethereum ETF […]
Illustration by Mitchell Preffer for Decrypt. It had been a long time coming: Bitcoin hit a new all-time high on Tuesday, soaring past its November 2021 record of $69,044 in the U.S. before dipping again. Then, on Friday, it did it again—this time by jumping above $70,000. This is remarkable, considering that the coin was […]
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible […]
Recent SEC meeting with Grayscale, Coinbase representatives is good news for spot Ethereum (ETH) ETF enthusiasts
… cryptocurrency scams were the “riskiest” type of scam in 2023. Scammers are using people's general lack of understanding about cryptocurrency to …
Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” has the crypto world buzzing once again. This meme coin, forever linked to the adorable Shiba Inu dog breed, has witnessed a meteoric rise in both price and burn rate, igniting a passionate fire within its devoted “Shiba Army” community. But beneath the current frenzy lies a crucial […]
Solana (SOL) is on the verge of a significant milestone, with its price approaching the $150 mark for the first time since January 16th, 2022. The recent surge in SOL’s value signifies a remarkable achievement, marking a new high after more than two years. #Solana is on the brink of crossing $150 for the first […]
A U.S. court has ruled that Konstantin Ignatov, the brother of Cryptoqueen Ruja Ignatova, who perpetrated the $4 billion OneCoin cryptocurrency fraud, will spend no more time behind bars for his role in the scam. According to a Bloomberg report, U.S. District Judge Edgardo Ramos released Ignatov from prison on March 5 after he pleaded […]
A massive transfer of wealth from baby boomers to their brethren is underway, but a look at the numbers shows many people will not receive what they expect. The “overwhelming” cost of health care will drain the wealth of most boomers before it can be handed over to Gen Xers and Millennials, according to an […]
Following a dynamic period of activity in the crypto market on Friday, stocks of publicly traded mining companies have recovered from their recent decline. In the last five days, Marathon Digital Holdings’ stock fell over 15%, yet on Friday, it experienced a 7.71% increase in value against the U.S. dollar. Several other leading mining corporations […]
Bitcoin has breached the $70,000 mark for the first time, buoyed by massive inflows into Bitcoin ETFs and anticipation of the upcoming halving event
Bitcoin recently climbed to a record high, and many investors are taking another look at cryptocurrency as an investment vehicle.
TL;DR Current Status: Injective (INJ) is the native digital currency of the Injective blockchain. Historical Performance: INJ experienced bullish trends in 2023, with significant resistance levels overcome in late 2023 and early 2024. It reached an all-time high of over $45 in January. Future Predictions: Predictions for INJ’s price in 2024-2030 vary significantly across sources. […]
In a unique display of community support and unity, one of Shiba Inu’s native tokens, Bone ShibaSwap (BONE) has risen to the top five in Binance’s Future NEXT program, aiming to secure the number one spot for a potential token listing. SHIB Community Rally Over 20,000 BONE Picks The Shiba Inu community has been demonstrating […]
Dogwifhat (WIF), the latest sensation in the meme currency market, experienced a remarkable surge of over 27% on Friday, propelling it to a new all-time high and surpassing its previous record once again. With its recent ascent, WIF is now setting its sights on surpassing PEPE after overtaking BONK in terms of market capitalization. However, […]
TL;DR Achieving a $100,000 Bitcoin price is speculative, influenced by regulatory and technological changes, along with market sentiment and investor actions. The current rally is seen as more stable, supported by the introduction of spot BTC ETFs, adoption by countries like El Salvador, and the anticipation of the halving event, which historically precedes market booms. […]
In a manner similar to bitcoin and the overall crypto market, gold’s value has climbed, nearly touching $2,200 per ounce this week. This uptick is widely attributed to demand from central banks, with surveys indicating both Wall Street and Main Street anticipate higher prices in the upcoming week. At the same time, gold enthusiast Peter […]
Fed chairman Jerome Powell’s recent comments might have significant implications for cryptocurrencies
Some crypto bulls are now eyeing $100000 as bitcoin's next level, after the leading cryptocurrency on Friday briefly topped $70000 for the first …
An analyst has explained that Dogecoin may be able to hit $1 if history repeats for it. Here’s when exactly this could happen for DOGE. Dogecoin Has Been Breaking Out Of A Parallel Channel Recently In a new post on X, analyst Ali has discussed a potential outcome for Dogecoin based on the historical pattern. […]
Police say two women just used their roommate’s dead body to withdraw cash from the deceased victim’s U.S. Bank account. Karen Casbohm and Loreen Feralo allegedly found their 80 year-old roommate Douglas Layman dead in their house on Monday and decided to drive his body to the bank, reports Fox 8 News in Cleveland, Ohio. […]
TL;DR Cardano P2P Upgrade: The community is urged to update pools to the 8.7.3 full P2P version to fix a bug and enhance security, with 68% adoption among reporting SPOs. Mithril Implementation: Adoption of the Mithril protocol is critical for protection against attacks, currently at 15% usage, aiming for 60% for optimal security. SanchoNet Testing: The SanchoNet testnet needs more testing […]
Bitcoin accumulation addresses are witnessing record inflows following Bitcoin’s (BTC) surge to its all-time high of $69,000 and the subsequent retracement. According to a weekly report by CryptoQuant, daily inflows into Bitcoin accumulation addresses have risen to 38,000 BTC, pushing the total holdings of such wallets to record-high levels of 1.5 million BTC. Accumulation Addresses […]
The recent turbulence in Bitcoin’s price post-AllTimeHigh hasn’t deterred the presence of sharks and whales in the market. Despite the fluctuations, there’s a noticeable decline in overall non-0 $BTC wallets, largely attributed to smaller traders capitulating amidst the uncertainty. Santiment data reveals a 3.9% increase in 10k-100k wallets over the span of 9 days. However, […]
The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority (HKMA) will conduct a live issuance of the WCBDC in the future. […]
BlackRock received its highest-ever one-day on-chain inflow in week
… cryptocurrency space. Built on the principles of community, innovation, and inclusivity, REDPANGOLINU aims to revolutionize digital finance and …
The founder and head of research at Fundstrat Global Advisors Tom Lee is doubling down on a prediction that Bitcoin (BTC) could hit six figures. Lee says in a new CNBC interview that Bitcoin could appreciate by around 119% within a period of less than two years. According to the Fundstrat executive, a number of […]
The XRP price has now managed to position itself above the $0.6 psychological level, as the entire crypto market waddles in bullish action in the past month. Popular crypto analyst Dark Defender has predicted an interesting price point for XRP, revealing that the crypto could reach $14.61 if the XRP/BTC pair reaches a record high. […]