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IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
16.12.2023
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules...
Bitcoin Miner Hive Diversifies Into AI, Acquires 96 Nvidia GPUs to Boost High-Performance Computing Operations
15.12.2023
On Friday, Hive Digital, based in Vancouver and specializing in bitcoin mining and high-performance computing (HPC), announced its foray into artificial intelligence (AI) and HPC technologies. This strategic move involves acquiring 96 Nvidia H100 graphics processing units (GPUs). From Bitcoin...
Market Spotlight: The Emerging Challenger Set to Outpace Shiba Inu and PEPE in the Meme Coin Realm
15.12.2023
TLDR Shiba Inu (SHIB) network activity is on the rise due to the popularity of its Shibarium services. PEPE’s market capitalization is also on an impressive increase. NuggetRush’s (NUGX) mining adventure has generated high interest after its 30% presale growth. Demand for Shiba Inu’s (SHIB) layer-2...
Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion
15.12.2023
Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in assets under management. In addition, the asset...
Report: Montenegro High Court Extends Do Kwon’s Detention by 2 Months
14.12.2023
Do Kwon, the ex-CEO of Terraform Labs, is set to spend two months in Montenegro custody after the country’s High Court moved his release date to Feb. 15, 2024. While Do Kwon reportedly prefers being sent to South Korea, Montenegro’s justice minister is said to be leaning towards sending...
ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
14.12.2023
The firm has sold over $150 million worth of stake in COIN since Dec. 5
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...
Vaneck Expects Bitcoin Price to Reach All-Time High After Donald Trump Wins US Presidency
14.12.2023
Asset management firm Vaneck has predicted that bitcoin’s price will reach an all-time high on Nov. 9, following a “combative election that saw Donald Trump win 290 electoral votes and regain the presidency, raising optimism that the SEC’s hostile regulatory approach will...
Best Crypto to Buy Now December 13 – Fetch.ai, NEO, Cosmos
13.12.2023
Technical indicators for major cryptocurrencies suggest NEO and Fetch.ai could continue bullish runs, while Cosmos confronts near-term resistance. Here are some of the best crypto to buy now. Image by cryptonews.com. Fetch.ai’s FET price has spiked above $0.65, setting a new 2023 high...
BTC Derivatives Show Resilience Amidst Fluctuations, Eye $50K Target
13.12.2023
Source: Adobe / photoschmidt Despite Bitcoin (BTC) trading below its 2023 high and struggling to stay above the $41,000 mark, derivatives data suggests traders remain optimistic, eyeing a $50,000 target and beyond. While a $127 million liquidation of leveraged long Bitcoin futures occurred...
Is Synthetix Network Going to Zero? SNX Price Tumbles 7% as Bitcoin Mining Protocol Clinches $5.2 Million in Funding
13.12.2023
In the midst of a major SNX price rally, a -7% tumble from a 600-day high has sent a wave of panic through the Synthetix Network community – leading some to ask is Synthetix Network going to zero? This comes after an explosive upside move, triggered by the news that Synthetix Network...
Solana Price Prediction as SOL Dips 6.5% to $66 – Can SOL Regain Its All-Time High?
13.12.2023
Source: Dall•E 3 The Solana price has dipped by 6.5% today, as traders take profits following a bullish couple of weeks for the altcoin. At $66, SOL remains up by only a modest 0.5% in the past week, yet it has still risen by 7% in a fortnight and by 12% in a month. And […]
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Solana’s meme coin BONK reaches ATH, Cardano Whales are exploring this AI crypto
13.12.2023
In the ever-surprising world of cryptocurrencies, BONK, a meme coin from the Solana ecosystem, recently hit an all-time high, showcasing a remarkable increase in value in just one day. This surge is aligned with the upbeat trend in the broader crypto market, particularly in the memecoin sector....
Will ORDI Rise Again? NFT Trading Volume Surges To Record High As NuggetRush Enters Third Presale Stage
13.12.2023
TLDR After an 850% price surge, will the price of ORDI experience another surge? The trading volume of NFT increased to $1 billion as the market turned bullish. NuggetRush has also entered its third presale stage, exciting users. Excitement in the crypto market has returned, with NFT trading...
IRS Spotlights Most Notable Cryptocurrency Scams in 2023
13.12.2023
Source: Pixabay / stevepb The U.S. Internal Revenue Service Criminal Investigation (IRS-CI) division has released its list of the top 10 criminal cases of 2023. These cases include the IRS‘s most prominent and high-profile investigations with a significant focus on cryptocurrency-related...
Bitcoin Sidechain Liquid Comes Back To Life Amid Ordinals Frenzy
13.12.2023
Image Source: Pixabay High network congestion on Bitcoin has prompted the revival of an old, nearly forgotten scaling solution that makes BTC transactions fast, private, and cheap. According to data from mempool.space, the Liquid Network has experienced some of its highest transaction volumes...
Will Elon Musk’s Cyber Truck Accept Dogecoin (DOGE) And This New Altcoin?
13.12.2023
The crypto market has attracted several celebrities, and high-profile figures due to its eye-popping profitability and unique usabilities. Tech billionaire Elon Musk is one of the most ardent supporters of cryptocurrencies, especially Dogecoin (DOGE). But a new cryptocurrency has entered the arena...
US CPI Sees Slight Uptick in November, Fed Likely to Maintain High Rates
12.12.2023
In November, the U.S. Consumer Price Index (CPI), a principal measure of inflation, registered a modest rise of 0.1%, maintaining a consistent annual increase of 3.1%. This minor growth in prices reflects subtle economic shifts, with energy costs witnessing a marked reduction, in contrast to...
Crypto Whales are Stacking This Lesser Known Crypto AI Gem – What Does it Do?
12.12.2023
Crypto whales stack lesser-known crypto AI gem yPredict and its $YPRED token. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency whales, the influential market movers whose trades spur noticeable price fluctuations, tend to have an uncanny knack for spotting promising digital assets ahead of...
PEPE Hits Five-Month High; KAS and $ROE on the Brink of Enormous Rally
12.12.2023
In the dynamic and often unpredictable world of cryptocurrencies, a few names have been stealing the limelight recently. PEPE, the popular memecoin, has soared to a five-month high, while Kaspa (KAS) and Borroe Finance ($ROE) are gearing up for what seems like an enormous rally. Let’s dive into...