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Ethereum Price Prediction as ETH Surpasses $3,000 Resistance – What’s the Next Target?
26.2.2024
The world’s second-biggest cryptocurrency by market capitalization, Ethereum (ETH), is holding the fort above $3,000 after crossing this psychologically important threshold yesterday afternoon, according to data by CoinGecko. Due to its high-functionality contracts, Ethereum is crypto’s...
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
25.2.2024
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with...
ECB Economists: Bitcoin Fails to Become Global Decentralized Digital Currency, BTC’s Fair Value Is Still Zero
25.2.2024
The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin...
Droves of Crypto Traders Swap Shiba Inu (SHIB) For Mollars Presale Token — New Bitcoin Alternative
24.2.2024
A new project brewing on the Ethereum Blockchain has recently caught the attention of crypto enthusiasts not only for its ability to store value, but also for its enormous potential for compound growth post-ICO.
The post Droves of Crypto Traders Swap Shiba Inu (SHIB) For Mollars Presale Token —...
BlockDAG presale expected to lead the 2024 bull run while Cardano value surges by 166%; can eTukTuk join?
23.2.2024
The crypto market is abuzz with excitement as Cardano’s Total Value Locked (TVL) surges by a whopping 166% while emerging projects like eTukTuk (TUK) and BlockDAG (BDAG) gain traction. Which of these cryptos holds the best investment potential today? Keep reading to find out. Cardano TVL spikes...
Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion, a Quarter of ‘Monetary Gold’ Market
23.2.2024
Fidelity's Director of Global Macro Jurrien Timmer has suggested that Bitcoin (BTC) has the potential to achieve a market value equivalent to a quarter of the "monetary gold" market, reaching an impressive $6 trillion.
The post Fidelity Director: Bitcoin Market Cap Could Reach $6 Trillion,...
Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024
21.2.2024
Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value.
The post Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024 appeared first on Cryptonews
Dogecoin Price Prediction as Meme Coins Retrace From Recent Rally – When is the Next Leg Up?
21.2.2024
Crypto’s favourite memecoin, Dogecoin (DOGE), is dipping today amidst a broad pullback led by altcoins. DOGE shed 4.9% of its value overnight to trade at $0.83404 at the time of writing, according to CoinGecko. Its price is only nominally higher than it was seven days ago. On the other hand...
Bill Ackman Labels Short-Term Crypto Trading As Speculative, Sees Long-Term Worth
21.2.2024
Billionaire hedge fund manager Bill Ackman talked about his investment philosophy in a recent interview and briefly touched on cryptocurrencies.
The post Bill Ackman Labels Short-Term Crypto Trading As Speculative, Sees Long-Term Worth appeared first on Cryptonews
Sui Network Records $593 Million TVL as Wider Market Taps $72.7 Billion
19.2.2024
As bullish pressure ignites, the Sui network recorded a massive spike in transactions and TVL alongside the broader crypto market. New market data from decentralized finance (DeFi) on-chain analytics firm DeFiLlama shows an uptick in volumes from different metrics in the Layer 1 network. On Feb...
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
19.2.2024
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL)
Bitcoin Price Prediction as Michael Saylor’s BTC Holdings Reach $10 Billion – Will He Sell?
16.2.2024
MicroStrategy’s Bitcoin investment has soared beyond the $10 billion mark, owning over 190,000 BTC as Bitcoin’s value climbs past $50,000. This achievement underscores MicroStrategy’s confidence in Bitcoin’s long-term prospects and its utility as an inflation hedge. Since...
XCAD Founder Jumps to KSI’s Defense Amid Pump and Dump Allegations
16.2.2024
The XCAD Network founder Oliver Bell defended Youtuber KSI after the content creator was accused of performing a pump-and-dump scam with several of his digital asset tokens, including XCAD. In an X post, Bell noted that KSI – whose real name is Olajide Olayinka Williams Olatunji – had been one...
Chainalysis Report: Crypto Value Sent From Illicit Addresses Dropped by Nearly $10 Billion in 2023
16.2.2024
According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto...
Bitcoin Price Prediction: BTC Hits $52,000; Surges with ETF Inflows & Coinbase’s Q4 Optimism
15.2.2024
Recently, Bitcoin surged past the $52,000 mark, a significant milestone that not only underscores its growing appeal but also highlights the robust inflows into U.S. spot Bitcoin exchange-traded funds (ETFs). This surge, coupled with a bullish sentiment from anticipated strong Q4 results from...
Bitcoin Futures Open Interest Reaches Highest Level in Over 2 Years, Tops $21 Billion
14.2.2024
The notional open interest, which represents the dollar value locked in active Bitcoin (BTC) futures contracts, has surged to its highest level in more than two years. According to data by CoinGlass, the open interest in both perpetuals and standard futures has surpassed $21 billion, a level last...
Bitcoin Price Prediction as BTC Eyes Surpassing Meta in Total Market Cap – $1 Million BTC Incoming?
14.2.2024
As of Wednesday, Bitcoin’s trading value slightly declined to $49,540, marking less than 1% decrease. This fluctuation comes amidst a backdrop of significant developments within the crypto space and broader financial markets. Notably, recent reports from the Financial Crimes Enforcement...
Avalanche Price Prediction as AVAX Drops 5% in 24 Hours – Dip Buying Opportunity?
12.2.2024
Avalanche (AVAX), which is currently the tenth biggest cryptocurrency with a market capitalization of over $14 billion, has posted an overnight dip of 4.7% to trade at $38.58 at the time of writing. The losses come amidst a broader market-wide pullback as leading cryptocurrencies Bitcoin...
As ‘WAGMI’ Token Goes Viral, This Other Coin is About To Launch the Biggest Airdrop
12.2.2024
The Solana meme coin sector has witnessed a major move as WAGMI token, a coin named after the rallying call of crypto hodlers ‘we’re going to make it!’, experienced a 15,000% increase in value. This article will provide an analysis of WAGMI’s current price trends and look to...
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...