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Bitcoin Technical Analysis: BTC in Consolidation Phase as Upper Resistance Strengthens
12.1.2024
The leading cryptocurrency, bitcoin, has remained within a limited price range since yesterday. This followed yesterday’s quick surge to the $49K level, which then declined in the early trading hours of Thursday. Although there was a transient increase to the $47K mark, the value has stayed...
Ethereum Developers Cite Blockchain State to Oppose Vitalik Buterin’s Gas Limit Increase Proposal
12.1.2024
Source: Pixabay Ethereum developers have expressed concerns over the recent proposal by the network’s co-founder Vitalik Buterin to increase the gas limit on the blockchain. Opposition to Vitalik Buterin’s Proposal In a Jan 11 blog post, Ethereum developer, Marius van der Wijden wrote...
Telcoin Restores User Balances After Exploit, Records 400% Increase in Deposits
12.1.2024
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions
Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL
12.1.2024
Source: Adobe / lumerb Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a 65-fold increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However...
Fundstrat Says Bitcoin Is Headed for $150K — Predicts BTC Could Hit $500K in 5 Years
12.1.2024
Financial research firm Fundstrat’s head of research has predicted that the price of bitcoin is headed for $150K and could hit $500K in five years. Emphasizing the cryptocurrency’s finite supply and “a potentially huge increase in demand with a spot bitcoin approval,”...
Bitcoin Price Prediction as Rich Dad Poor Dad Author Says He’s Buying More Bitcoin after ETF Result
11.1.2024
Bitcoin, the world’s largest digital cryptocurrency, recently witnessed a significant surge, exceeding $47,000. This remarkable increase is attributed to the U.S. Securities and Exchange Commission (SEC) approving 11 new Bitcoin Exchange-Traded Funds (ETFs), marking a pivotal moment in...
Ethereum's Vitalik Buterin Proposes Gas Limit Increase
11.1.2024
Ethereum's gas limit refers to the maximum amount of gas that can be expended in an individual block. A limit increase could improve network capacity and potentially reduce costs for users
PYUSD’s 30-Day Surge of 72% Vaults Paypal’s Offering Into USD Stablecoin Top Ten
11.1.2024
Over the last month, the supply of Paypal’s PYUSD stablecoin has seen a substantial increase, surging by over 72% from 167.83 million to 289.43 million PYUSD. This significant growth has propelled the payment behemoth’s dollar-linked digital currency to become the tenth largest among...
Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network
11.1.2024
Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...
Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement
10.1.2024
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in Wake of SEC Misstep On Wednesday, ethereum (ETH)...
Wintermute Reports 400% Surge in OTC Crypto Trading Volumes for 2023
10.1.2024
Source: Wintermute Wintermute has reported a staggering 400% increase in over-the-counter (OTC) trading volumes for the year 2023 in the midst of a challenging year for crypto exchanges.In the latest report of its OTC performance, the crypto market maker and liquidity provider Wintermute revealed...
How to increase your crypto assets with minimal risks?
10.1.2024
The CoinDepo platform offers a wonderful compound interest feature that enables users to increase their cryptocurrency and stablecoin savings by earning passive guaranteed yearly income. All they need is to deposit digital assets into the platform and wait. Learn the details. A savings account...
Bitcoin Open Interest Tops $20 Billion Amid Spot ETF Approval Anticipation
9.1.2024
Source: Adobe Stock The open interest in Bitcoin futures contracts across the entire network has surged to 435,700 BTC, approximately valued at $20.443 billion. The opened positions of Bitcoin’s futures contracts witnessed an 11% increase in the past 24 hours, reflecting heightened investor...
L2 Crypto Token Stacks Leads With 29% Gain in Varied Week for Cryptocurrencies
8.1.2024
This week witnessed a 5% uptick in bitcoin’s value, while ethereum experienced a 1.6% dip over the same period. Leading the charge among the top 100 cryptocurrencies, stacks (STX) soared 29.2%, with osmosis (OSMOS) closely trailing with a 17% increase against the U.S. dollar. Mixed Week...
Bitcoin Cash and Ethereum Classic See Modest Gains, But All Eyes Are on Rebel Satoshi’s Momentum
8.1.2024
TLDR Experts predict Bitcoin Cash (BCH) will increase in price by 65% in 2024. Market analysts believe Ethereum Classic (ETC) has the momentum to cross the $40 mark in 2024. Investors have turned focus to Rebel Satoshi (RBLZ) as it emerged as the best ICO after delivering 100% gains for early...
New US Crypto Tax Law, SEC Still Processing BTC ETFs, Saylor Buys More BTC, and More — Week in Review
7.1.2024
The U.S. introduces stringent tax reporting laws for transactions over $10,000, while the SEC grapples with a backlog of paperwork for pending spot Bitcoin ETFs. Meanwhile, Michael Saylor sells Microstrategy shares to increase his bitcoin holdings, and CNBC’s Jim Cramer hails Bitcoin as...
Bitcoin Price Prediction as Multiple ETF Approval Deadlines Approach – Instant Spike to $50,000 Incoming?
7.1.2024
As the cryptocurrency market buzzes with anticipation, Bitcoin is poised at a crucial juncture, trading at $44,013 with a modest increase of 0.63% on Sunday. In the backdrop of this upward trend, the potential approval of multiple Bitcoin Exchange-Traded Funds (ETFs) is generating excitement....
Bitcoin Price Prediction as Multiple ETF Approval Deadlines Approach – Instant Spike to $50,000 Incoming?
6.1.2024
In the fast-paced and ever-evolving world of cryptocurrency, Bitcoin is making headlines with its current trading value at $43,940, marking nearly 0.50% increase on Saturday. The cryptocurrency community is abuzz with anticipation as multiple deadlines for US spot bitcoin ETF approvals draw near....
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
6.1.2024
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts witnessed in 2023, including a total of 20 increases....
Weekly Crypto Highlights: NEAR Protocol Jumps 80% in a Month, Galaxy Fox Eyes 15% Increase
6.1.2024
Market optimism reaches all-time highs, and consensus amongst analysts is that 2024 will be a generational bull market. Risk assets on the long tail of the spectrum, such as cryptos, will be the largest gainers. Wise investors are making a game plan by putting together a list of the top 10 cryptos...