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Stephen bullish on EGLD: $240 target sooner than expected?
4.3.2024
EGLD has been on a bearish run for a long time. However, Stephen S., a notable crypto enthusiast, believes that EGLD has finally hit the bull run. It is fundamentally backed by a strong TPS of 100k+. Moreover, MultiversX did study the drawbacks of Bitcoin and Ethereum so as to solve them...
EigenLayer’s TVL reaches $10 billion, indicating a DeFi peak
4.3.2024
EigenLayer has experienced remarkable growth, as evidenced by the significant increase in asset value from $1.1 billion at the beginning of the year to an extraordinary $10 billion, equivalent to approximately 2.93 million ether. This surge reinforces the growing confidence and interest...
Utility demand burned over $1.12 million FLOKI tokens in a week
4.3.2024
The ecosystem of Floki has recently demonstrated remarkable technological utility and demand, as evidenced by the burning of 7,369,216,304 $FLOKI tokens for approximately $1,120,120.88. A week-long token burning of this magnitude demonstrates that Floki is committed to developing a deflationary...
Bitcoin Price Prediction: Fed Cut Rumors & Political Influence; Next Target $66,000?
4.3.2024
Amid Fed cut rumors and political plays, Bitcoin's price prediction eyes $66,000. The surge reflects confidence and hints at significant market moves ahead.
The post Bitcoin Price Prediction: Fed Cut Rumors & Political Influence; Next Target $66,000? appeared first on Cryptonews
Bitcoin Price Prediction as $25 Billion Floods Into BTC Market – Time to Buy?
3.3.2024
With $25 billion pouring into the BTC market and Bitcoin trading at $62,000, is it the prime time to invest? Regulatory shifts and tech advancements hint at a bullish future.
The post Bitcoin Price Prediction as $25 Billion Floods Into BTC Market – Time to Buy? appeared first on Cryptonews
Bitcoin ETFs touch $7.6 billion in volume
29.2.2024
Bitcoin ETFs have shattered volume records once again. The reported number stands at $7.6 billion, with BlackRock leading the way. IBIT recorded a total of $3.3 billion, out of which $2.2 billion was recorded until 1 p.m. ET. The numbers are true as of the end of Wednesday. Next in line...
Floki staking TVL peaks at $137 million
28.2.2024
Floki announced surpassing the previous high in terms of staking, with the tokens worth $137 million, effectively leaving circulation. Users have staked the tokens in the Floki Staking Program and broken the previous high of $105 million, which was recorded less than 24 hours ago. The community...
XRP Price Prediction as Whale Transfers 30,000,000 XRP in One Transaction – What’s Going On?
27.2.2024
XRP holders are preparing for a potentially major price swing after one whale transferred around $16 million XRP into a wallet, according to Whale Alert. ???? 30,000,000 #XRP (16,012,232 USD) transferred from #Bybit to unknown wallethttps://t.co/Nl2l0mFzhL — Whale Alert (@whale_alert)...
Bitcoin reaches a 2-year high value of $57,000
27.2.2024
Markets closing on February 26, 2024, showed the value of BTC above $57,000. That marked the highest in the last two years. More specifically, BTC was last at that level in November 2021. However, the rally lasted for a little while before dropping to $56,000. Experts said that the rise is driven...
AI & Crypto collide? OpenAI seeks $7T for Sora AI
22.2.2024
Sam Altman, the Chief Executive Officer of Open AI, said that they are targeting to raise $7 trillion in funding for Sora, a text-to-video model. Sora basically creates a video based on the verbal prompt. Sam plans to utilize the funds to design and manufacture chips for the model. What has sparked...
Startale Labs gets $3.5M from Samsung Next and UOB Venture Management
22.2.2024
Startale Labs announced raising $3.5 million in the Seed Extension Round to boost the development of its Web3 product. Samsung Next and UOB Venture Management raise the funds. This brings the total seed fund to $7 million, including $3.5 million of funds it secured in September 2023 from Sony...
Dogecoin soars: Adoption boost eyes rally above $0.15
20.2.2024
DOGE (Dogecoin) is quickly gaining market strength after a long slump. Starting this week, the original meme coin has outpaced Bitcoin and other altcoins. With 7.10% growth in the past seven days, DOGE is trading at $0.08821. The coin has also made it back to the top 10 cryptocurrencies based...
Bitcoin crossing $50k opens the space for $60k before summer
19.2.2024
Bitcoin last danced below $50,000 on February 14, 2024, and has since then experienced a new height. BTC has maintained the jump above $50,000 conveniently, now opening up to speculation that it could soon surpass the milestone of $60,000 by summer, that is, June. Analysts said that Bitcoin...
XRP aims for $0.65: Can bulls hit the target this year?
19.2.2024
XRP is currently being traded at $0.561. According to bullish speculation, the token is anticipated to transcend that milestone soon and reach $0.65. Amid the legal dispute between Ripple and the SEC, even though the distinction is minor, it may prove to be a difficult nut to split. Despite this...
FixedFloat hit by a $26 million crypto heist
19.2.2024
FixedFloat Exchange, a crypto exchange, has been hacked and claimed to have lost bitcoin and ether worth $26.1 million, as per an analysis of the on-chain data. As a result of this concerning decline in activity, the exchange is presently closed for maintenance purposes; the future of...
Ledger Live and Coinify’s fiat on-ramp manage $VET and $VTHO
19.2.2024
VeChain announced that two of its core tokens, namely VET and VTHO, are available on Ledger Live and Coinify’s fiat on-ramp. Calling it a technical integration, VeChain said that the move is a testament to their commitment to providing a better experience to the community. Ledger Live enables...
Coinbase sales rose to $954M in Q4 amid market bounce
16.2.2024
Coinbase reported a surge in its revenue in the fourth quarter of the previous year, that is, 2023. The revenue jumped to $954 million, with trading volume up to $154 billion. That includes the institutional volume of $125 billion. The surge came amid the market rebound. Most of it is credited...
Turn your life upside down with $888k with Option2Trade (O2T), Solana’s (SOL) Phantom wallet surges by 220%
16.2.2024
In an era where the digital finance landscape is constantly evolving, two phenomena have captured the collective imagination of the cryptocurrency community: the remarkable 220% surge in Solana’s (SOL) Phantom Wallet and the groundbreaking $888k giveaway by Option2Trade (O2T). These events...
USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor
16.2.2024
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...
Binance’s Trading Volume Soars with FDUSD Stablecoin Pairs Leading the Charge
15.2.2024
The trading pairs involving First Digital USD (FDUSD) have seen a surge in trading volume on Binance, reaching its highest share ever in spot trading volume on the exchange. On February 12, FDUSD pairs accounted for 38% of Binance’s total spot trading volume, marking a substantial 42.6%...