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Bitcoin Price and Ethereum Prediction as Billionaire Jamie Dimon Says BTC Has ‘No Value’ – Is Bitcoin Going to Zero?
18.1.2024
In the dynamic cryptocurrency market, Bitcoin (BTC) maintains stability around $42,500, despite the 1.20% downturn in the overall crypto market, now valued at $1.68 trillion. This steadiness is partly due to the excitement around the newly approved Bitcoin spot ETF, which has brought a fresh wave...
Tokenized Funds Skyrocketed to $800M Value in 2023, Sparked By US Treasury Tokenization: Moody’s
18.1.2024
The growing trend of tokenizing traditional assets has caught the attention of legacy financial institutions. According to a recent report by Moody’s, a leading investment risk assessment firm, the value of tokenized funds has surged from $100 million at the beginning of 2023 to approximately...
TUSD Says Recent Depegging is Related to Binance Launchpool Activities
18.1.2024
TrueUSD (TUSD) has clarified that the recent depegging of its value from the US dollar is associated with activities on Binance Launchpool. In a recent post on X (formerly Twitter), the TUSD team said they “have observed recent community mining activities associated with Binance Launchpool...
Trump’s Promise: “I Will Never Allow The Creation Of A CBDC”
18.1.2024
Former US President Donald Trump has been dismissive about the value of cryptos and central bank digital currencies (CBDCs) in the past. The 2024 Republican frontrunner has once again promised against the creation of a CBDC “to protect Americans from government tyranny.” Speaking in Portsmouth,...
US Stocks, Bitcoin, and Gold Drop as Fed Plays Coy on Rates — Investors in Limbo
18.1.2024
The leading trio of U.S. stock indices — Dow Jones Industrial Average, Nasdaq Composite, and the S&P 500 — experienced a downturn on Wednesday afternoon. This decline coincided with a rise in 10-year Treasury yields, which jumped 0.98% to 4.102%. Concurrently, gold’s value...
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
17.1.2024
The top crypto projects to diversify investment portfolios in 2024 include Solana, Neon EVM, Celestia, XAI, and Bitcoin Minetrix. Image by Kerem Goktug Kaya, DALL-E 3. With 2024 promising to be a monumental year for cryptocurrencies, many investors are looking to diversify their investment...
Value of Crypto Projects in Switzerland and Liechtenstein Surges 107% YoY to $382.93 Billion: Report
17.1.2024
Switzerland and Liechtenstein’s crypto projects value surged by 107% year-over-year to $382.93 billion, led by Ethereum, amidst broader market recovery and innovation. According to a report by Swiss venture capital firm Crypto Valley (CV VC), the value of cryptocurrency projects based...
Is Sui Going to Zero? SUI Price Drops 8% as Novel Bitcoin Mining Protocol Hits $8.6 Million
17.1.2024
Sui Network has witness a sudden -8% price drop amid a retracement from upper trendline resistance, but could SUI price analysis reveal whether SUI is going to zero? This comes as Sui Network continues to see major developments in DeFi applications, in a push for growth that has recently seen...
Circle CEO Jeremy Allaire: ‘Stablecoins Are Set to Change the Financial System Forever’
17.1.2024
Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, nearly free and global in scale.” Allaire believes this tech...
TUSD’s Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance’s Dominant Hold
16.1.2024
Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark. TUSD Faces Unsteady Ground, Drops Under...
Manta Pacific Flips Base as Fourth Largest Layer 2 Solution as TVL Surges to $845 Million
16.1.2024
Manta Pacific has moved past Base to become the fourth largest layer 2 scaling solution in the market. The total value locked (TVL) of the network soared past $840 million. Recent data from L2Beat show that Base, an Ethereum layer 2 solution backed by Coinbase, has lost its spot as the fourth...
Circle Reports Surge in Remittances Through USDC Stablecoin in Asia
15.1.2024
Circle, a crypto issuer, reported a significant increase in remittances flowing through Asia via its USDC stablecoin. USDC is a cryptocurrency pegged to the value of the U.S. dollar and is backed by liquid cash and cash-equivalent assets. It has settled over $12 trillion in blockchain transactions...
Best Crypto to Buy Today January 15 – SUI, BNB, TON
15.1.2024
With the Sui price surging 11.88% as the network’s total value locked exceeds $326 million, SUI is positioning itself as one of the best crypto to buy today along with BNB and TON, which are seeing bullish price action amid overall optimism in crypto markets. Beyond these leading names...
Altcoins Thrive While Bitcoin Dips in a Dramatic Week of Crypto Trading
15.1.2024
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token...
5 Top Cryptos To Diversify Your Value Investment Portfolios in 2024
15.1.2024
Top cryptos Celestia, Sei, Aptos, Arbitrum, and Sponge are potential portfolio diversifiers ahead of the 2024 Bitcoin halving. Image by Thanasak Wongsuk, Vecteezy. With last week’s Bitcoin ETF launches and the 2024 Bitcoin halving event right around the corner, the crypto market is looking...
Kevin O’Leary Says He’ll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term
15.1.2024
Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely...
USDT and Dogecoin (DOGE) Holders Buying Massive Amounts Of New ICO Token — May Follow Bitcoin’s 20000% ROI Yields
14.1.2024
Heavy ‘pocketed’ Tether (USDT) and Dogecoin (DOGE) holders are continuing to move in droves to buy a new ICO token, that’s a new Bitcoin alternative. It’s better than the $BTC by many’s point-of-view because it’s on Bitcoin-Blockchain’s top rival...
Bitcoin Price Prediction as BTC Falls to $42,000 Level – Time to Buy the Dip?
14.1.2024
Bitcoin price dips to the $42,000 mark, currently trading at $42,588, reflecting nearly 0.60% decrease on Sunday. This latest fluctuation in Bitcoin’s value raises the question among investors and enthusiasts alike – is it the right time to buy the dip? Adding to the market buzz,...
Blackrock’s Spot Bitcoin ETF Now Holds 11,439 BTC
14.1.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF) has acquired 11,439 bitcoin, with a market value of nearly $500 million, within two days of trading on the Nasdaq stock exchange. Blackrock’s Ishares Bitcoin Trust was among the 11 spot bitcoin ETFs approved by the U.S. Securities...
Binance and Coinbase Hold 11% of Crypto Economy’s Net Value, Leading in BTC and ETH Reserves
13.1.2024
Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $1.68 trillion digital currency economy. In addition, these prominent trading platforms control 7.83% of the total bitcoin supply, underscoring their significant...