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Satoshi’s Growing Fortune, JPMorgan Says Halving Priced in, Peter Brandt Raises BTC Price Target, and More — Week in Review
3.3.2024
Bitcoin’s valuation surged past the $1 trillion mark, significantly increasing the net worth of its elusive creator, Satoshi Nakamoto, by nearly $9 billion in two months. JPMorgan Chase analysts have identified the Bitcoin halving event and an upcoming major Ethereum network upgrade as...
The Nigerian Government and Binance: The Way Forward — CMO of Flincap
3.3.2024
The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail adoption, too. We have seen the example in...
Texas Blockchain Council and Riot Secure Legal Victory in Bitcoin Mining Data Collection Lawsuit
3.3.2024
In a landmark ruling, the Texas Blockchain Council (TBC) and Riot Platforms Inc. have triumphed in their lawsuit against the Biden administration, successfully halting the data collection efforts on bitcoin mining operations. TBC and Riot Platforms Win Case Against Bitcoin Mining Data Survey...
Ethereum Co-founder Joe Lubin Bullish on Crypto: “Momentum Unstoppable”
3.3.2024
Joe Lubin, co-founder of Ethereum and CEO of Consensys, shares an optimistic outlook, asserting that the best is yet to come.
The post Ethereum Co-founder Joe Lubin Bullish on Crypto: “Momentum Unstoppable” appeared first on Cryptonews
Robert Kennedy Jr: Bitcoin Is Inflation Offramp — BTC Is Key to Transactional Freedom
3.3.2024
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) says bitcoin is the offramp from central banks’ “money printing machine.” Emphasizing that bitcoin is a “hard currency,” he stressed the importance of making the cryptocurrency available to the American...
Galaxy Digital Sees ‘Tremendous Global Demand for Bitcoin’ — CEO Says ‘There’s a New Army of Buyers’
3.3.2024
Galaxy Digital CEO Mike Novogratz sees “a tremendous global demand for bitcoin,” emphasizing: “This is probably the first time in the history of bitcoin that we have true price discovery.” Noting that there is “a new army of buyers” and there is also “an...
Peter Brandt on Bitcoin Bull Market: My Bet Is This Is a ‘Starting’ Candle
3.3.2024
Veteran trader and renowned chartist Peter Brandt has doubled down on his bullish outlook for bitcoin. After raising his bitcoin price target for this bull market cycle to $200K, Brandt pointed to “huge monthly bars” on his bitcoin price chart, stating: “My bet is that this...
MexC Crypto Exchange Adds Shiba Inu Rival, Golden Inu, Price Explodes — Nearly +200% Yields
3.3.2024
Just last year there was a mass migration of Shiba Inu (SHIB) token loyalists that switched over to the rival memecoin project, Golden Inu (GOLDEN).
The post MexC Crypto Exchange Adds Shiba Inu Rival, Golden Inu, Price Explodes — Nearly +200% Yields appeared first on Cryptonews
JPMorgan Expects Bitcoin Price to Drop to $42K After Halving
3.3.2024
JPMorgan has cautioned investors that the price of bitcoin could fall to $42,000 after the halving event in April. The global investment bank’s analysts explained that $42K is the level they “envisage bitcoin prices drifting towards once bitcoin-halving-induced euphoria subsides after...
Uniswap Governance Votes Unanimously to Empower UNI Holders With Protocol Fee Rewards
3.3.2024
In a landmark governance decision, Uniswap’s community has voted unanimously in favor of a proposal to reward UNI token holders who stake and delegate their tokens. The upgrade, aimed at revitalizing the protocol’s decision-making process, has garnered overwhelming support with over...
Bitcoin Mining Revenue Jumps to $1.39 Billion in February Despite Fee Decline
2.3.2024
In February, bitcoin miners discovered a total of 4,446 blocks, amassing earnings of $1.39 billion, with $71 million of this sum coming from onchain transaction fees. The revenue from bitcoin mining in February rose by $40 million compared to January, though the amount collected from fees saw...
NFT Market Booms With 35% Sales Increase as Cryptocurrencies Rally
2.3.2024
As the value of cryptocurrencies has risen, the non-fungible token (NFT) market has experienced a 35.14% increase in sales compared to the preceding week. This marks the third consecutive week of sales growth in the NFT sector, with NFTs based on Bitcoin leading the charge throughout this period....
Value Locked in Defi Nears $100 Billion Milestone Amidst Broad Market Uptick and Lido Dominance
2.3.2024
Five days ago, the total value locked (TVL) in decentralized finance (defi) protocols exceeded the $80 billion mark, and since that point, it has expanded by an additional $11.66 billion. As it hovers above the $91 billion threshold, the TVL is approaching the $100 billion milestone, a figure...
Bitcoin Cash Soars 40% in 24 Hours as Market Eyes Upcoming Halving and Adaptive Block Size Upgrade
2.3.2024
On Saturday, March 2, the valuation of bitcoin cash witnessed a significant increase, climbing over 40% within a 24-hour span to reach a peak of $451 each. This upward trend is attributed to the anticipated halving event, set to happen in 16 days, and the forthcoming 2024 upgrade, which is expected...
Report: Nigerian Government Imposes $10 Billion Fine on Binance
2.3.2024
The Nigerian government has reportedly slapped the cryptocurrency exchange Binance with a $10 billion fine. According to a Nigerian government official, Binance is being punished for causing the local currency’s recent plunge against major currencies. Binance’s Alleged Influence on...
Marathon Announces Anduro Layer Two Platform to Advance Bitcoin’s Capabilities
2.3.2024
Marathon Digital Holdings, one of the world’s largest public Bitcoin mining companies, has announced its work on Anduro, a multichain, layer two platform on top of Bitcoin. With Anduro, Marathon proposes the creation of several sidechains designed to expand Bitcoin’s standard...
Solana Price Prediction Following New Multi-Month High – What’s Next for SOL’s Price Action?
2.3.2024
Solana hits a striking multi-month high of $137, sparking fresh price predictions. Amid volatility, its robust $3.84B trading volume signals growing investor intrigue.
The post Solana Price Prediction Following New Multi-Month High – What’s Next for SOL’s Price Action? appeared first...
Nigerian Presidential Adviser Assails Binance, Calls for Measures Against the Crypto Exchange
2.3.2024
Bayo Onanuga, a special adviser to the Nigerian president, has leveled accusations against Binance, blaming it for exacerbating the local currency’s depreciation against major currencies. Onanuga called for immediate action against Binance, warning that its activities could potentially undermine...
SEC’s Hester Peirce Criticizes Agency’s Crypto Approach as “Strange”
2.3.2024
US Securities and Exchange Commissioner Hester Peirce has reiterated her criticisms of her own agency's approach to cryptocurrencies in a recent appearance at ETH Denver.
The post SEC’s Hester Peirce Criticizes Agency’s Crypto Approach as “Strange” appeared first...
Toncoin to Be at the Center of Telegram’s New Ad Monetization Strategy
2.3.2024
Toncoin, a top 20 cryptocurrency project, will be used by Telegram, the messaging platform, as a payment tool for its new advertisement strategy. Pavel Durov, founder and CEO of Telegram, stated that toncoin would facilitate payments for customers of its advertising platform, announcing that...