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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...
Bonk Price Prediction as BONK Pumps Up 30% in 7 Days – $1 BONK Possible?
11.2.2024
Bonk Price Prediction Bonk price prediction remains bullish as BONK’s value surges by 30% in just a week, sparking discussions about the potential for it to reach the $1 mark. Amidst the vibrant landscape of digital currencies, BONK distinguishes itself with a notable increase of nearly 4%...
$WEN Sheds More Than Half Its Value as $GFOX Hype Grows Stronger
11.2.2024
As one of the top Solana-based meme coins, $WEN gained a lot of attention before its airdrop. The expectation drove the memecoin’s price to rise quickly after its launch. However, just as soon as its price rose, it plunged, losing more than half of its value in the process. Meanwhile, Galaxy...
3 Reasons Mollars (MOLLARS) Is Better Than Bitcoin (BTC) for Crypto
10.2.2024
  The Mollars (MOLLARS) initial coin offering has just reached an impressive milestone, surpassing 1.3-Million tokens sold. Cryptocurrency investors are excited about the new store-of-value token’s potential for up to +4,400% ROI yields. However, even those gains are only a pence of...
Solana Price Prediction as TVL Crosses $1.8B for First Time Since 2022 – What’s Next for SOL?
9.2.2024
The total value locked (TVL) on the Solana network has crossed $1.8 billion for the first time since 2022, according to data on DeFiLlama. Activity on Solana has been steadily rising since the end of last year, but the blockchain is still way off its all-time high (ATH) of $10.03 billion TVL,...
Thailand Abolishes Value-Added Tax Previously Applicable on Digital Asset Trades
9.2.2024
The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency exchanges. VAT Exemption to Bolster Thailand’s...