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. […]
TL;DR Optimism Foundation has sold 19.5 million OP tokens to an undisclosed buyer for $89 million. The tokens will be locked for two years. The sale could have a positive impact on the OP token price in the long term by reducing the available supply. There are concerns about the potential centralization of the network […]
TL;DR Deribit sees a surge in the $200,000 Bitcoin call option, indicating investor optimism for a more than 200% increase in Bitcoin price by the end of 2024. The futures market and the DVOL index also show a positive and volatile outlook for Bitcoin, as the cryptocurrency reaches new highs and faces growing adoption and […]
Bitcoin hit another all-time high today—but its solid gains look merely modest compared to those seen by other digital coins and tokens this week. The biggest digital asset is up nearly 10% over the past seven days, CoinGecko data shows. And as is usually the case, it’s brought the rest of the market with it. […]
Widely followed analyst Nicholas Merten is offering his forecast on four crypto assets amid an industry-wide market rally. Starting with payments-focused blockchain network Stellar (XLM), Merten tells the 510,000 YouTube subscribers of the DataDash channel that the XRP rival is sitting at a “typical discount range”. According to Merten, XLM could appreciate by around 200% […]
The forthcoming Ethereum Dencun upgrade scheduled for March 13 offers a chance for near-zero transaction fees for layer 2 (L2) solution users, possibly drawing in more new ones, as per a research report by Fidelity Digital Assets. The forthcoming upgrade marks the initial step in Ethereum’s rollup-focused roadmap. This advancement will empower the network to […]
Cryptocurrency has been described as 'a digital currency in which encryption techniques are used to regulate the generation of units of currency and …
A widely followed cryptocurrency analyst and trader is turning bullish on one decentralized storage altcoin project. The analyst pseudonymously known as Bluntz tells his 239,700 followers on social media platform X that peer-to-peer file storage network Filecoin (FIL) has more upside potential after breaking out of a long-term accumulation phase. “FIL is on the cusp […]
A closely followed crypto analyst is forecasting when the ongoing bull market for digital assets could come to an end. Pseudonymous crypto strategist Rekt Capital tells his 411,700 followers on the social media platform X that historic Bitcoin (BTC) patterns point to a bull run ending in late 2025. “If history repeats, next bull market […]
The Synthetix community is closely monitoring the movement of the $SNX token against the backdrop of a bullish trend in the broader cryptocurrency market. Despite the upward trajectory seen across various digital assets, $SNX has struggled to gain momentum throughout the week, leaving investors eager for a potential breakout. According to on-chain reports sourced from […]
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in recent years. He also cautioned investors in spot bitcoin exchange-traded funds (ETFs) that these products are based on a “highly speculative volatile underlying asset: bitcoin.” […]
XRP does not look dominant at all, but its metrics are showing high potential
Cryptocurrency enthusiasts are celebrating a bullish weekend for Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization. With a price surge of 4.31% in the last day, ETH is inching closer to a critical resistance point: $4,000. This climb comes amidst a wave of optimism surrounding the Ethereum network, fueled by a confluence of factors. […]
The U.S. Federal Reserve is not rolling out a Central Bank Digital Currency (CBDC) anytime soon, according to Fed Chair Jerome Powell. During the Senate Committee on Banking, Housing and Urban Affairs hearing earlier this week, Powell discussed the central bank’s stance on a CBDC as the Biden administration urged continued research and evaluation of […]
TL;DR Over $3 billion in BTC and ETH options will expire on March 8th, marking a crucial moment in the crypto market. Analysts are divided on the impact of the expiry on BTC and ETH prices, with some predicting a surge and others expecting increased volatility. The put-call ratio indicates an overall bullish sentiment, but […]
A widely followed cryptocurrency analyst and trader is turning bullish on one Ethereum (ETH) layer-2 project. The analyst pseudonymously known as Credible Crypto tells his 379,100 followers on the social media platform X that Optimism (OP) is now in the midst of price discovery and could move much higher. Price discovery is a term used […]
Why exactly are meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) pumping all of a sudden? Bitwise CIO Matt Hougan says there’s a method to the madness. “The primary driver of alt season is a classic ‘wealth effect,’” wrote Hougan on Twitter Friday. “Crypto natives make money in Bitcoin, feel rich, and […]
Speaking with CNBC’s Brian Sullivan on “Last Call,” Lee said, “It’s a generational issue” for Millennials and Gen Z, who are more open to adopting cryptocurrency. Sullivan told the financial analyst and strategist, “I’ve never met an investment instrument that is so polarizing… There’s people who call it fake, it’s a fraud, it’s a joke, […]
Integrating cryptocurrency as a payment option alongside traditional methods can help grow your business and enhance customer convenience. Empower …
Despite Bitcoin recently hitting a new all-time high (ATH) of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. Interestingly, he also expects that this bull cycle will be one like no other. Bitcoin Still Heavily Undervalued Michaël van de Poppe mentioned in […]
After witnessing a sudden crash a few days ago, Sol saw an unprecedented surge in volume in the last two weeks. The price is up 10% in the last 24 hours, ready for a huge price movement on the daily chart. While Bitcoin recently reclaimed its all-time high, most major altcoins have followed suit but […]
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving the CBDC’s Utility Gluwa, a real-world assets platform, has entered into a partnership arrangement […]
Shiba Inu token’s meteoric rise was foreshadowed by monumental whale purchase exceeding $10 million, as revealed by on-chain data analysis
A widely followed crypto analyst is reacting as king crypto Bitcoin (BTC) sets a new record all-time high. According to CoinGecko, BTC reached a new all-time high of $69,255 earlier this morning. In response, crypto trader Michaël van de Poppe says this is the first new all-time high before Bitcoin’s halving, a pre-programmed event that occurs every four […]
The Spanish Data Protection Agency (AEPD) has taken decisive action against Tools for Humanity Corporation, issuing a precautionary measure to halt the collection and processing of personal data within the framework of its Worldcoin project. The move comes in response to multiple complaints lodged against the company, citing concerns over inadequate information disclosure, the collection […]
The bedrock of Bitcoin self-sovereignty is having control over your private keys. Without this, in one way or another, you are relinquishing control of your money to someone else. “Not your keys, not your coins” as the saying goes. A counter-intuitive aspect of Bitcoin for people who aren’t familiar with the technical underpinnings of it […]
The cryptocurrency market is rallying this month as Bitcoin climbed above the $68,000 mark. Bitcoin retraced in price currently and is now …
Bitcoin price has fallen by over 10% after briefly touching its all-time high of $69,000, propelled by investors’ flood of money into BTC Spot Exchange-Traded Funds (ETFs). However, intense volatility surrounding the crypto asset’s price has triggered a rebound to the $68,000 mark, which highlights the return of positive enthusiasm, prompting predictions of a significant […]
TL;DR Investors have withdrawn over $10 billion from GBTC since its conversion to an ETF in January of this year. The high rate of capital outflows, averaging $338 million per day in the last week, is concerning for the manager and investors. The capital outflow is primarily attributed to the large difference in fees charged […]