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PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion
15.4.2024
PAXG Reaches All-Time High over the weekend due to the rising tension in the Middle East, leading to questions about Bitcoin’s value as a geopolitical hedge.
The post PAXG Reaches All-Time High Amid Middle East Unrest, Prompting Bitcoin Hedge Discussion appeared first on Cryptonews
BlockDAG hits $16M in presale, targets $10 value by 2025 amid KangaMoon & 5th SCAPE hype
12.4.2024
Amidst the enthusiasm surrounding the KangaMoon and 5th SCAPE presales, BlockDAG has become a top investment choice, achieving a remarkable milestone with its nearly $16 million presale. This achievement marks a significant step forward for BlockDAG, positioning it as a formidable contender in...
Is The Bitcoin Bull Run Losing Steam? Indicator Signals Potential Slowdown
10.4.2024
Bitcoin's on-chain momentum may be showing signs of a potential slowdown with the Value Days Destroyed (VDD) Multiple indicator surging above 4.0, leading to speculation among crypto traders about the end of the current bull run.
The post Is The Bitcoin Bull Run Losing Steam? Indicator Signals...
DogWifHat in Danger? WIF Price Tumbles 17% as New Solana Meme Coin Gains Momentum
2.4.2024
Popular Solana meme coin DogWifHat (WIF) appears to be wobbling hard after shedding 17% of its value in the last 24 hours to trade at $3.69 as of this writing. WIF’s decline is part of a broader market pullback today that shaved around 5% from market leaders Bitcoin and Ethereum overnight....
Mark Yusko Predicts Bitcoin At $150,000 In 2024
1.4.2024
Mark Yusko believes Bitcoin will rise to two times its "fair market value" at the end of the bull market, while altcoins could potentially multiply far more.
The post Mark Yusko Predicts Bitcoin At $150,000 In 2024 appeared first on Cryptonews
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Arthur Hayes Believes Memecoins Could Net Positive for Blockchains Despite Criticisms
1.4.2024
Arthur Hayes argued that memecoins bring attention to the value of blockchains and turned down the community’s portrayal of memecoins as “stupid and valueless.”
The post Arthur Hayes Believes Memecoins Could Net Positive for Blockchains Despite Criticisms appeared first on Cryptonews
Dogecoin Leaps in Value, Reaches First $0.22 Peak Since 2021
28.3.2024
The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog Father’ Reigns: Dogecoin Soars 43.3% in 7 Days Against the U.S. Dollar The proclaimed ‘Dog...
Hong Kong Asset Managers Together Apply for Spot Bitcoin ETF With SFC
28.3.2024
Asset managers VSFG and Value Partners announced that they have together applied for a spot Bitcoin ETF with Hong Kong SFC.
The post Hong Kong Asset Managers Together Apply for Spot Bitcoin ETF With SFC appeared first on Cryptonews
Bitcoin’s infinite paradox: Halving, renewables, and the race to value
28.3.2024
The system is reminiscent of Zeno’s Achilles and the tortoise paradox. With rising costs of renewable energy and the potential for Layer 2 solutions like the Lightning Network, the mining industry may undergo significant changes. Bitcoin’s decentralized structure allows it infinite...
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
27.3.2024
Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investment & Products Brian Chan told CoinDesk on Wednesday
Peter Brandt: Bitcoin Vying to Replace Fiat Currencies as Primary Store of Value
27.3.2024
Veteran trader and renowned chartist Peter Brandt says bitcoin is “vying to become the Level 1 ‘store-of-value’ standard replacing fiat currencies and government bonds.” He explained that fiat currencies, like the U.S. dollar, “will still be used to buy groceries...
FTX Bankruptcy Claims Surge in Value: Bids Now Approach 93 Cents on the Dollar
25.3.2024
Half a year ago, firms specializing in acquiring troubled companies and their debts were actively accumulating FTX bankruptcy claims worth millions, offering $0.33 for every dollar of claim. Presently, the valuation of these claims has significantly appreciated, with buyers now prepared to offer...
Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release
25.3.2024
The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in New York on Monday. As jury selection gets underway, the trial formally marks the beginning of the United States' quest for justice against Kwon following the collapse...
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
22.3.2024
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally
ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD
22.3.2024
ARK Invest, known for its involvement in the spot Bitcoin exchange-traded fund (ETF) market, has decided to cash in on its Coinbase holdings as the stock's value climbs above $270.
The post ARK Invest Sells Another $35 Million Worth of Coinbase Shares as Stock Gains Over 50% YTD appeared first...
Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026
22.3.2024
DeFi protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.
The post Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026 appeared...
Super Sushi Samurai Token Crashes by 99% After Critical Exploit
22.3.2024
Following a critical double-spending glitch, the GameFi project Super Sushi Samurai token's market value plummets 99.9% with $4.8 million withdrawn from its liquidity pool.
The post Super Sushi Samurai Token Crashes by 99% After Critical Exploit appeared first on Cryptonews
Frax Finance Targets $100B Value Locked in Singularity Roadmap
22.3.2024
Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal