VanEck Associates, the mutual fund and ETF manager with over $76 billion in assets under management (AUM), has a bold Bitcoin price prediction for 2024. The fund’s digital assets division expects a Donald Trump reelection victory next year to coincide with a new all-time high price for BTC. VanEck Analysts 2024 Bitcoin Price Prediction A...Read More
Cardano’s ADA has seen a remarkable surge in the last few months, more specifically, over 120% in appreciation since October 20. As the coin rises to new all-time highs by what’s left of December, Cardano’s DeFi ecosystem is flourishing as well. Cardano’s total value locked (TVL) surpassed $370 million this Friday, reflecting a 520% growth...Read More
Jito Amasses $3B in FDV Jito is the latest protocol making waves in the Solana ecosystem and the crypto community, as the JTO token has surged over 100% in 24 hours after its airdrop, and the tremendous price uptick has benefited SOL users considerably. Jito, developed by Jito Labs —a major node operator for Solana—...Read More
Amidst the recent upswing in the broader cryptocurrency market, Solana (SOL) has mirrored the trend, with growth exceeding 60% in the past month. Investors seeking insights into the next potential price target for this digital asset may find information in a post on X by cryptocurrency analyst Ali Martinez on December 7. #Solana is approaching...Read More
Popular analyst and Bitcoin advocate CryptoCon BitTime is currently on track, and the model suggests that BTC cycles closely follow each other, particularly when they alternate. In a post on X, CryptoCon shows a chart in which the current white cycle is compared to the 2015-2018 cycle, and it accurately predicted the early top in...Read More
As CryptoPotato reported, Bitcoin’s price exploded above $41K for the first time in 19 months, leaving a trail of liquidated short positions over the past 24 hours. Many analysts and experts have stated that the bull run has already begun, while others believe that it will come following the 2024 Bitcoin halving. That said, Jeroen Blokland, a...Read More
The latest development report from IOG (Input Output Global) for Cardano reveals a thriving blockchain ecosystem and significant advancements in technology and community engagement. The report outlines key achievements across various facets of Cardano’s development, with the Site Reliability Engineering (SRE) team playing a pivotal role in improving Cardano’s network and keeping up to date...Read More
The Securities and Exchange Commission has held increasing sway over cryptocurrency markets. Its influence has grown along with a series of lawsuits against crypto firms beginning in 2020. However, a number of court decisions favorable to the defendants in the Ripple lawsuit have tested the limits of the commission’s power. Now, John Deaton is calling...Read More
After a meteoric rise from $26,750 on Oct. 12 to close the month at $34,667 on Oct. 31, Bitcoin price (BTC) is still rising in November. BTC pumped from the $36,500 handle to multi-day support at $37,400 the day Grayscale Investments met with the SEC over its Bitcoin ETF application. But its gains have seen...Read More
Investors stateside in both the cryptocurrency and traditional finance worlds are eagerly awaiting a Bitcoin ETF product in the U.S. But those in Europe looking for an XRP exchange-traded product will have one next month. Europe Gets an XRP ETP in December DeFi Technologies, Inc. announced last week it will debut a new Ripple XRP...Read More
The Bitcoin spot ETF narrative has numerous analysts and famous figures in the crypto space debating how much BTC will be worth if the ETF gets approved. The recent developments in the cryptocurrency market — the aftermath of the DOJ settling with Binance in $4.3 billion deal and the removal of CEO Changpeng Zhao — have...Read More
Cardano’s ADA has been on the watchlist of investors and analysts, many of whom believe the coin is set for a massive bullish rally even despite recent market corrections. Despite the price decline over the weekend, ADA has recorded roughly 50% gains in the last 30 days. Analysts are now closely watching key resistance levels...Read More
Users of Bitcoin’s blockchain payments network have seen transaction fees explode since October. Meanwhile, the oldest cryptocurrency’s main rival, Ethereum, is also seeing sky-high fees. According to blockchain data service CryptoRank from earlier this week, ETH gas fees across the network averaged $20 to bridge assets, $60 to make a token swap and $110 to...Read More
SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms). Enjoy reading? Share with your friends .custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px...Read More
Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures...Read More
A Bitcoin whale has entered a massive selling spree, offloading 411 Bitcoin for about $15.2 million. According to data from Lookonchain, the whale first converted the Bitcoin to Wrapped Bitcoin (WBTC) before selling it at an average price of $37,023. The whale still has 155 WBTC, worth about $5.74 million. A whale is selling $BTC....Read More
In an interesting X post from earlier this week, former SEC Chief John Reed Stark (Office of Internet Enforcement) issued a scathing rebuke of the SEC for its treatment of Ripple Labs in a years-long XRP lawsuit. Prediction: Expect a Big Win for the SEC in the SEC/Terra Litigation and a Gracious (Yet Scathing) Rebuke...Read More
Coinbase, America’s largest cryptocurrency exchange, announced its plans to end support for Bitcoin SV (BSV) on its platform. This decision comes more than two years after the exchange initially delisted BSV from trading. Coinbase Sets Deadline for BSV Withdrawals According to the announcement, Coinbase will cease to support the BSV asset as of early next...Read More
A letter from December 2020 reveals that renowned American legal scholar Joseph Grundfest advised former SEC commissioner Jay Clayton not to sue Ripple, as it would mean a systemic, international risk that could hurt a significant number of innocent XRP holders. John E. Deaton, from Crypto Law US, published the letter on a thread on...Read More
Bitcoin mining stocks have been among the stock market’s best performers all year. The situation got even better since the start of the week as several miners rallied double digits. The surge in the cryptocurrency market this month rallied the price of Bitcoin and other cryptocurrencies. That includes an increasingly dominant Bitcoin market cap, as...Read More
Coinbase announced the delisting of several trading pairs starting today in a bid to enhance overall market health and consolidate liquidity. The leading crypto exchange said the latest decision comes after regularly monitoring the markets on its platform. Coinbase Delists 80 Non-USD Trading Pairs According to an announcement on October 17th, Coinbase said it had...Read More
TL;DR BitPay now allows users to purchase tickets for Taylor Swift’s upcoming “Eras Tour Movie” concert using various cryptocurrencies, including XRP, SHIB, BTC, and ETH. To buy tickets, users should visit the AMC website, select the desired concert, and choose the crypto payment option during checkout. Increasing adoption of cryptocurrencies like XRP and SHIB may...Read More
TL;DR Shiba Inu community warned about misleading emails and an unofficial LinkedIn account. Shiba Inu’s Ragnar clarifies that SHIB isn’t on the Fantom (FTM) chain. Officials caution against misused SHIB logos, suspicious Dapps, and trading the token Calcium (CAL). More SHIB Alerts The Shiba Inu community received another stark warning regarding circulating fraudulent emails in the space....Read More
TL;DR Deribit plans to launch linear options for XRP, SOL, and MATIC in January, targeting European markets and doubling down on derivatives trading. Despite its price fluctuations, XRP remains a popular choice for payments, with institutions like HSBC allowing its use. Following its legal victories against the US SEC, XRP might be on the verge...Read More
TL;DR Jeremy Hogan estimates a 40% chance of a trial in 2024, a 32% chance of a settlement, and a 19% chance of an agreement by end of 2023. Some believe the SEC might extend the legal process to maintain uncertainty in the crypto sector. Yassin Mobarak suggests the SEC might drop charges against Ripple...Read More
TL;DR Binance CEO Changpeng Zhao expects Bitcoin (BTC) to reach new all-time highs after the April 2023 halving but advises against premature FOMO. CZ notes common patterns during BTC halvings, including hype, heightened expectations, and market unpredictability, emphasizing that BTC’s price won’t double overnight but will see adjustments and consolidation. CZ suggests that typically, a...Read More
TL;DR The Shiba Inu team resolved a SHIB Telegram account hack, with security measures like two-factor authentication (2FA) implemented. A fake BONE token airdrop was promoted via the compromised account; Vet Kusama warned the community. Shiba Inu officials consistently alert the community about potential scams and advised caution with the SHIB-related Calcium (CAL) token. Fixing...Read More
TL;DR The SHIB Telegram admin account was compromised, leading to a fraudulent BONE token airdrop announcement. Vet Kusama alerted the community about the fake token distribution, urging people not to click on related links. Shiba Inu community members are advised to be cautious, as there are consistent threats from scammers impersonating legitimate projects and figures....Read More
TL;DR Ripple achieved another legal victory as a federal judge dismissed the SEC’s appeal to a July ruling; Following this win, XRP’s price surged to nearly $0.55 amid a broader cryptocurrency market decline, marking its second significant price increase in response to legal developments. Six Months Left Ripple secured another major victory in its legal battle against...Read More
TL;DR Bitcoin supply on exchanges is at a 5-year low of around 2.29 million BTC. The percentage of BTC supply on exchanges has decreased from 5.99% to 5.73% since September 1st, indicating decreased selling pressure. Whales have been accumulating BTC, controlling over 66% of the circulating supply, and the top 1% of Bitcoin addresses own...Read More
