QCP Capital Predicts 60% Rally With Imminent US Approval of Spot Ethereum ETFs
23.5.2024
Crypto asset trading firm QCP Capital has forecasted a potential 60% increase in the price of ether, projecting it could surge to around $6,000 if the U.S. approves spot ethereum exchange-traded funds (ETFs). The prediction coincides with a significant increase in market volatility and intense...
Crypto market headed for downturn? Key signals point to retracement
23.5.2024
The cryptocurrency market, known for its volatility and rapid price movements, appears to be on the brink of another significant retracement. Several indicators and recent developments suggest that the market may be headed for a downturn, sparking concerns among investors and analysts alike....
Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy?
23.5.2024
Despite Nvidia's impressive Q1 earnings report, the price of AI-related cryptocurrency tokens fell briefly, contrary to Crypto trader's expectations.
The post Nvidia’s Q1 Earnings Propel AI Stocks While AI Crypto Dips – Time to Buy? appeared first on Cryptonews
Ethereum network in the limelight for ETH ETF outcome
23.5.2024
According to Santiment, a crypto body, the Ethereum space is being observed very closely, with market observers speculating on the outcome of ETH ETF. A lot seems to be depending on it. In the meantime, Santiment has created a list of prime ERC-20 coins that are witnessing an increase...
Hong Kong central bank studies AI's impact on banking jobs and skills
23.5.2024
HKMA deputy chief executive Arthur Yuen said that enhancing employees' skills would allow them to “coexist with technology in the AI era.”
U.S. Bitcoin ETF Holdings Hit New High of More Than 850K Tokens
23.5.2024
Among ETFs, Grayscale’s GBTC remains the biggest holder of bitcoin with over $20 billion worth of the asset, followed closely by BlackRock’s IBIT at $19.6 billion
Elusive 2010 Bitcoin Mega Whale Moves 2,000 BTC Worth $138M in Fourth Transfer of 2024
23.5.2024
Blockchain data indicates the reappearance of the elusive mega whale from 2010, who expended 2,000 BTC valued at $138 million on May 22, 2024. The large transfer marks the fourth occurrence of this whale this year, with a cumulative expenditure of 7,000 BTC worth over $486 million. Blockchain...
Solana Price Prediction 23 May: SOL is Up 7% in a Week – Time to Buy?
23.5.2024
SOL has fallen by 4% in the past 24 hours, with the Solana price dropping to $173.63 on a day when the cryptocurrency market has barely moved.
The post Solana Price Prediction 23 May: SOL is Up 7% in a Week – Time to Buy? appeared first on Cryptonews
Bitcoin price at $150K in 2024 is 'base case' — Tom Lee
23.5.2024
Bitcoin bull Lee sees BTC price action doubling its current all-time highs before the end of the year
First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision
23.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Blast Blockchain attains sixth position among big-time players
23.5.2024
Blast blockchain now holds the sixth position amongst the big-time players in the industry with regard to DeFi assets. It is seemingly gaining the attention of added builders and users towards itself. Its total value locked (TVL) has reached over $1.9 billion. Business houses such as Ethereum...
Protocol Village: HAQQ-evmOS Integration Enables Cross-Chain With Cosmos, Ethereum
23.5.2024
The latest in blockchain tech upgrades, funding announcements and deals. For May 23. NOTE: Protocol Village will be on hiatus May 24-June 2 as we cover CoinDesk's Consensus conference in Austin, Texas. We will resume publishing June 3. Hope to see you there!