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Polygon (MATIC) Co-founder Jordi Baylina Has Bullish Outlook for 2024 – Everlodge (ELDG) to Disrupt $280T Market
14.12.2023
The Polygon (MAITC) crypto has seen an increase in appeal and activity as its ecosystem could see a massive surge in activity during the upcoming year, based on an official announcement by its co-founder. Everlodge (ELDG) is also capturing a significant level of attention, as it will introduce...
Ethereum Price Prediction as JPMorgan Says ETH Will Outperform BTC in 2024 – Can ETH Reach $100,000?
14.12.2023
The Ethereum price has surged by 5.5% today, with the coin moving to $2,298 in the context of a market that has gained by the same percentage in the past 24 hours. ETH’s performance today also comes as JPMorgan analysts predict that the altcoin could outperform Bitcoin (BTC) next year, helped...
Bitwise Analyst Predicts Bitcoin Price to Trade Above $80K Amid Halvening and ETF Launch in 2024
14.12.2023
Source: Pexels Bitwise’s senior research analyst, Ryan Rasmussen, predicted a new all-time high for Bitcoin price next year, surpassing $80,000. The prediction aligns with the anticipated launch of the first spot Bitcoin ETF and the scheduled halving event in April 2024, identified as pivotal...
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year
13.12.2023
tktk
Messaging App LINE Secures $140 Million for Expansion of NFT Platform
13.12.2023
Source: Pixabay The NFT arm of messaging app LINE has raised $140 million in investment to “popularize the Web3 ecosystem.” In a statement released on Wednesday, LINE NEXT, LINE’s South Korea-based NFT unit, claimed the investment was “the largest in the Asian blockchain and Web3 industry this...
Phil Spencer Spent Nearly 23 Work Weeks Playing Xbox This Year
13.12.2023
Running the gaming division at the second-most valuable company in the world sounds like a very demanding job. Tons of decisions to make, lots of details to stress over, and accountability to thousands of employees and millions of customers for every little misstep. Not much time to play video...
India to Consider Country-Specific Characteristics and Risks in Regulating Crypto: Finance Ministry
13.12.2023
Source: Pexels India’s Finance Ministry will consider country-specific characteristics and risks before implementing any measures related to crypto assets. Minister of State for Finance Pankaj Chaudhary, during a session in the Rajya Sabha, highlighted the significance of the New Delhi...
Skybridge Capital’s Crypto Investments Rise by 130%, Says Founder Anthony Scaramucci
12.12.2023
Image Source: CNBC Investment firm Skybridge Capital has reported an increase of 130% in its cryptocurrency investments courtesy of the recent surge in prices. Anthony Scaramucci, the company’s founder, shared the impressive returns in a recent interview with Bloomberg, while acknowledging...
U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
12.12.2023
This morning's inflation data
Ether Supply Hits Lowest Level Since Shanghai Upgrade, Decreasing by Over 309,500 Coins
12.12.2023
Source: Adobe The supply of Ether has hit a new low since the historic Shanghai upgrade of the Ethereum (ETH) network, witnessing a decline of more than 309,500 coins since September last year. According to data from Ultra Sound Money, nearly 1.195 million ETH have been burned since the transition...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Decrypt and Rug Radio Announce Merger, Will Create Global Web3 Publishing Company
11.12.2023
Source: PixabayCrypto news site Decrypt and decentralized media project Rug Radio will merge operations next year, with the goal of creating a global Web3 publishing company. In a joint press release on Monday, the companies announced that the merger would result in the creation of [REDACTED],...
Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...
Binance P2P to Discontinue Russian Ruble Trading Pair From January 31 Next Year
11.12.2023
Source: Iryna Budanova/Adobe Digital asset exchange Binance has announced a discontinuation of the Russian Ruble trading pairs on its peer-to-peer (P2P) platforms from Jan 31, 2024. In a Dec 11 official announcement, the company disclosed that it would no longer support the Russian Ruble trading...
Solana (SOL) and Retik Finance (RETIK) are the two strongest tokens for 2023
11.12.2023
As we navigate the ever-evolving crypto landscape, the question inevitably arises: which tokens offer the most promise for significant growth and impact in the coming year? While numerous contenders seek attention, two projects stand out among the rest: Solana (SOL) and Retik Finance (RETIK). While...
Bitcoin Price Prediction: BTC Surges, Outshining Gold in 2023 Rally
10.12.2023
Bitcoin (BTC), the flagship cryptocurrency, is currently trading at $43,850, marking a slight decrease of nearly 0.50% on Sunday. Despite this minor dip, Bitcoin’s performance this year has been nothing short of stellar, outshining traditional safe-haven assets like gold. In 2023, Bitcoin...
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
9.12.2023
Gold achieved a record high of $2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading...
Japan Mulls Exempting Companies From Paying Taxes on Unrealized Cryptocurrency Gains
9.12.2023
Japan is considering exempting corporations from paying unrealized gains income taxes related to cryptocurrency holdings. The measure, proposed as part of a reform in Japan’s tax code, would allow companies to avoid paying taxes for cryptocurrencies even if their market value changes during...
Best Crypto to Buy Now December 8 – Cardano, BONK, Pyth Network
9.12.2023
ADA, BONK, and PYTH surge to new highs as investors seek the best crypto to buy now. Image by cryptonews.com. With a powerful surge so far today, the ADA price achieved a new year-to-date high, drawing the attention of analysts who endorse Cardano as one of the best cryptos to buy now. BONK...
The Best Part Of The Game Awards This Year Was The Fashion
8.12.2023
Last year, I caused a bit of a ruckus by saying the fashion at The Game Awards was indicative of the industry’s identity crisis. I lamented the t-shirt and blazer uniform and begged the men of the industry to do better. And though I said this not long before the 2022 awards show was set to kick...