Veteran trader Peter Brandt unveils scary Ethereum vs. Bitcoin outlook
Kiyosaki echoes Dent’s “everything crash” prediction, warning of a major market bubble burst fuelled by US debt and advocating for Bitcoin, gold, and silver as hedges. Responses to Kiyosaki’s predictions are mixed, with some questioning the accuracy of his recurrent doomsday scenarios. Despite Kiyosaki’s view of Bitcoin as a decoupled asset, evidence suggests increasing correlation […]
DePIN enhances real-world computational power accessibility and affordability, says Deutscher. He highlights five DePIN projects: AirTor, AIOZ, Arweave, Gaimin, and AethirCloud for long-term success. Deutscher stresses DePIN’s relevance for AI and technological advancements, with AirTor and AIOZ showing strong potential. Aussie crypto analyst and self-proclaimed DeFi addict Miles Deutscher has shared his views on DePIN […]
Crypto Expert BarriC has raised eyebrows with his recent analysis of the XRP price, in which he stated that the crypto token could rise to $1,000. As part of his analysis, he also elaborated on why this price level is attainable and not an “arbitrary number” he has pulled out for fun. When Will The […]
In an effort to protect its decentralized crypto exchange (DEX) against potential security threats, the dYdX community has approved a proposal to stake 20 million DYDX tokens. This decision comes amidst a surge in trading activity experienced by the platform. dYdX Proposes Enhanced Security Measures The proposal presented by dYdX emphasized the necessity of increasing […]
It is understood that a number of cryptocurrency scam ads were posted on social media site X in the lead-up to the referendum votes in March.
South Korea’s Democratic Party of Korea (DPK) is eager to relax regulations on exchange-traded funds (ETFs), including those tied to spot bitcoin, despite resistance from the People Power Party (PPP). Although election concerns have temporarily halted the initiative, a crucial poll is set for April 10, and the parliament is predominantly controlled by the DPK-led […]
In 2023, the crypto industry experienced a milestone, with major jurisdictions such as the EU and the UK tightening their regulatory frameworks. Duncan Ash, the Head of Strategy at blockchain protection firm Coincover, discussed the key trends expected to shape the crypto regulatory landscape in 2024 and how they will impact the evolution of the […]
Most people who understand bitcoin know that there are two kinds of bitcoin. One is bitcoin, the asset which has a fixed supply and is quite volatile, and the second kind of Bitcoin, the network and protocol that maintains an immutable ledger that has never been hacked and is bullet proof, bomb proof and tank […]
TL;DR 1inch Network joins Mastercard and Crypto Life to launch the 1inch Card. The card allows for easy cryptocurrency spending both online and in person. Compatible with Apple Pay and Google Pay, and offers global ATM withdrawals. In a significant step towards the convergence between traditional finance and cryptocurrencies, 1inch Network has announced a groundbreaking […]
TL;DR Suilend exits beta with over $30 million in TVL. Opens its lending platform to the general public. It benefits from the experience of the team behind Solend and the growth of the Sui network. Suilend, the lending protocol developed by the Solend team, has successfully completed its beta phase and is now available to […]
The founder of Cardano compared blockchains to AI models to illustrate his point about short-term narratives
BlockDAG $14.2M Presale Phenomenon: Leading 2024’s Crypto Landscape Ahead of Fantom’s Update and Harambe AI’s Ascent In the rapidly evolving blockchain arena, BlockDAG emerges as the standout performer, overshadowing the latest developments from Fantom and the buzz around Harambe AI Token. BlockDAG presale and novel technical insights promise a seismic shift in crypto, boasting an […]
Arthur Hayes, the founder of the crypto exchange BitMEX, recently made a move on an altcoin he had held since 2022. This move saw the transfer of over 230,000 GMX tokens to Wintermute Trading, seemingly making a profit of $3.2 million. Altcoin Dropped By Its Largest Personal Holder Blockchain research platform Lookonchain revealed that Arthur […]
Scaramucci predicts Bitcoin could reach US$170k, emphasising its cyclical nature and potential for significant growth. He views Bitcoin as a digital store of value, similar to gold, and believes it could achieve half of gold’s market cap, despite volatility and market decoupling. Interestingly, Scaramucci commends SEC Chair Gary Gensler for delaying the spot ETF approval, […]
Grayscale rebalanced its portfolios, removing Cardano (ADA) and Cosmos (ATOM), adjusting allocations in GDLC and GSCPxE Funds. Charles Hoskinson defends Cardano’s advantages, highlighting scalability, governance, and a supportive community amidst changes. Hoskinson criticises the industry’s short-term mentality and highlights the importance of foundational strength and community support. Grayscale Investments, recognised as one of the world’s […]
TL;DR Brad Garlinghouse forecasts the crypto market value could double this year, buoyed by pivotal events like the US’s first spot BTC ETF and the Bitcoin halving. XRP’s performance remains subdued amid Ripple’s ongoing legal fight with the SEC, with the outcome likely to significantly influence the asset’s price volatility and future market dynamics. Garlinghouse’s […]
Sydney, Australia, April 8th, 2024, Chainwire. Owen Mitchell, a leading figure in the cryptocurrency industry, has significantly impacted the …
The Binance executive detained by Nigerian authorities for nearly six weeks has pleaded not guilty to charges of money laundering. Binance expressed deep disappointment that Tigran Gambaryan, who holds no decision-making power within the company, remains in detention. Judge Dismisses Tigran Gambaryan’s Arguments Tigran Gambaryan, a detained executive from Binance, pleaded not guilty to money […]
Market sending mixed signals
It is now doubtful that the Ripple Labs cryptocurrency, XRP, would be able to hit the much-anticipated $1 price objective this month as its pricing has taken a negative swing today. The market’s general unease over the impending Bitcoin halving and a significant transfer of XRP tokens by a whale also correspond with this fall. […]
Las Vegas Show: BlockDAG $14.2 Million Presale Sets Stage For $600 Million Roadway Leaving Dogecoin And Shiba Inu In Dust BlockDAG has quickly become a focal point in the cryptocurrency scene with its impressive presale, raking in $14.2 million and boasting an unparalleled potential ROI of 20,000x. Amid Dogecoin’s prediction of hitting $1.5 and Floki’s […]
Ripple CEO Brad Garlinghouse has said he expects the value of the cryptocurrency market to double this year.
A widely followed crypto strategist believes that one Ethereum (ETH) competitor is gearing up to witness a breakout rally. Pseudonymous analyst The Crypto Dog tells his 775,100 followers on the social media platform X that he’s bullish on the smart contract protocol Near (NEAR). The analyst shares a chart suggesting that NEAR is threatening to […]
Aussie analyst, Ted Talks Macro, has said strong US jobs data is likely to delay interest rate cuts, prolonging the crypto correction and creating an opportunity to accumulate. Ted also suggested the factors that have driven gold’s price higher recently, like US dollar debasement and higher inflation, will also see Bitcoin surge later this year. […]
In a report released earlier this week, analysts from investment manager VanEck forecasted that Ethereum’s Layer 2 scaling networks will reach an astonishing $1 trillion market capitalization by the year 2030. The $1 trillion prediction was reached by estimating that Ethereum would hold 60% of the market share across all public blockchains and assessing the […]
Skybridge Capital founder Anthony Scaramucci remains bullish on bitcoin, dismissing the notion that the potential benefits of the upcoming halving are already priced in. He emphasized that bitcoin has significant room for further growth, noting that the crypto could “trade to half of the valuation of gold,” which translates to a potential six to tenfold […]
The HashKey Group, an Asian entity specializing in digital asset services, has unveiled the HashKey Global exchange after securing a license in Bermuda to provide regulated digital asset trading services. The announcement was made today (Monday), marking a milestone for the firm headquartered in Hong Kong, with operational presence in Singapore and Tokyo. Diversifying Services […]
With the fourth Bitcoin halving just 12 days away, the community is buzzing with anticipation, speculating on the potential for Bitcoin to breach the significant $100,000 threshold. Joe Consorti of Theya Research has offered a comprehensive analysis, diving into the intricacies of Bitcoin’s current market position and the factors that might catapult its value to […]
A Bitcoin whale that sat dormant for the last decade has suddenly awakened and begun transferring millions of dollars worth of BTC. First spotted by blockchain tracking firm Lookonchain, an address beginning with “1CLx” – which bought Bitcoin when it was trading below $30 – has awakened after 10 years of inactivity. “A whale with […]
New data from market intelligence platform IntoTheBlock reveals that the market cap of memecoins has hit its highest level since 2021. In a new article, IntoTheBlock’s head of research, Lucas Outumuro, says that the aggregate value of meme assets has nearly tripled in Q1 of 2024 to $56 billion. “Demand for memecoins hit the highest […]