Search
Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Can DOGE Overtake Bitcoin?
9.3.2024
Surging into the top 10, Dogecoin's remarkable ascent to $0.1760 ignites discussions on its potential to challenge Bitcoin's dominance in the crypto realm.
The post Dogecoin Price Prediction as DOGE Becomes Top 10 Crypto in the World – Can DOGE Overtake Bitcoin? appeared first on Cryptonews
Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
9.3.2024
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break...
Market Optimism Peaks as Bitcoin Call Options Aim for $100K Milestone
9.3.2024
Following bitcoin’s significant market activity this week, conversations around the bull market have hit a high pitch, with numerous predictions of substantial increases in the leading crypto asset’s price cycle. Evidence indicates that call options, with strike prices ranging from...
Microstrategy’s Bitcoin Portfolio Value Soars to $13.2 Billion, Marking a 116% Gain
9.3.2024
According to the latest figures, Microstrategy’s investment in bitcoin has doubled, showing a 116% increase after the cryptocurrency’s value experienced a significant rise this past week. The company, specializing in business intelligence, has acquired a total of 193,000 bitcoins...
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
9.3.2024
Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur...
NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC
9.3.2024
Sales of Non-fungible tokens (NFTs) have witnessed a notable uptick this past week, climbing 11.62% to hit $442.02 million over the previous seven days. The most significant transaction was the sale of the ‘Alien’ Cryptopunk #3,100, donning a headband, for $16 million, with...
Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone
9.3.2024
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual...
Nigerian Central Bank, Real-World Asset Firm Partner to Revive Struggling CBDC
9.3.2024
Gluwa, a platform for real-world assets, announced on March 7 its partnership with the Central Bank of Nigeria. The partnership arrangement aims to improve the functionality of the Nigerian central bank’s digital currency and promote financial innovation through blockchain technology. Improving...
Bitcoin Price Prediction as BTC Hits $70,000 and Retraces – What’s Going On?
9.3.2024
Bitcoin nudges the $70,000 peak amidst ETF buzz, teasing a bullish future. As it retraces to $68,100, the crypto world watches eagerly for its next move.
The post Bitcoin Price Prediction as BTC Hits $70,000 and Retraces – What’s Going On? appeared first on Cryptonews
SEC Chair Gary Gensler Insists Crypto Field Is ‘Rife With Abuses and Fraud’
9.3.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has reiterated that the crypto industry is filled with instances of abuse and fraud, citing a significant number of bankruptcies in recent years. He also cautioned investors in spot bitcoin exchange-traded funds (ETFs) that these...
Hong Kong Launches Project Ensemble, a Wholesale CBDC and Tokenized Deposits Initiative
9.3.2024
The government of Hong Kong has announced Project Ensemble, an initiative that will test the functionality of a wholesale central bank digital currency (WCBDC) and the movement of tokenized deposits. If there is “sufficient interest” in the project, the Hong Kong Monetary Authority...
JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years
9.3.2024
J.P. Morgan believes Bitcoin spot ETFs likely won’t see much AUM growth in the long term based on valuations of the asset next to gold.
The post JPMorgan Expects $62 Billion Bitcoin Spot ETFs Market Over 2 To 3 Years appeared first on Cryptonews
Wyoming Gov. Mark Gordon Signs Legislation Recognizing DAOs
9.3.2024
The Wyoming governor, Mark Gordon, recently signed into law a bill that establishes a legal framework for regulating decentralized autonomous organizations under existing financial laws. The enactment of this law is also viewed as an effort to attract blockchain firms to Wyoming. New Law Reinforces...
Top Crypto Gainers Today on DEXTools – PEPES, WOLF, BVM
9.3.2024
As Bitcoin (BTC) consolidates in the $68,000s as trading volumes drop off ahead of the weekend, traders are turning to the on-chain shitcoin markets in the hope of identifying top crypto gainers today.
The post Top Crypto Gainers Today on DEXTools – PEPES, WOLF, BVM appeared first on Cryptonews
Financial Journalist Alan Kohler: Bitcoin Is an ‘Insurrection’
9.3.2024
Alan Kohler, an Australian financial journalist, stated Bitcoin is an “insurrection,” given the tightly controlled rules that control the conditions behind its operation. Kohler explained that while bitcoin crashed tremendously in 2022, it constituted a “subversion to the whole...
Best Crypto to Buy Today March 8 – FLOKI, Pepe, dogwifhat
9.3.2024
As Bitcoin (BTC) consolidates in the $68,000s as trading volumes drop off ahead of the weekend, meme coins are stealing the limelight as the bulls regain control, with traders hunting for the best crypto to buy today flocking to major names in the hope of making quick gains.
The post Best Crypto...
‘Dutch & Razzlekhan’ — A Cinematic Dive Into the Bitfinex Hack
9.3.2024
The intricate saga of the Bitfinex heist, involving the disappearance of $4 billion in bitcoin, is being adapted for film. “Dutch & Razzlekhan” aims to vividly depict the bold cryptocurrency theft that impacted the cryptocurrency sector in 2016. From Heist to Hollywood: The Bitfinex...
Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows
8.3.2024
The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing...
Goldman Sachs Upgrades Coinbase to Neutral as Bitcoin Prices Rally
8.3.2024
Wall Street giant Goldman Sachs upgrades Coinbase stock (COIN) from "sell" to "neutral" as Bitcoin surges. Analysts link the upgrade to the current cryptocurrency market rally and note similar jumps in Bitcoin-linked stocks like MicroStrategy.
The post Goldman Sachs Upgrades Coinbase to Neutral...
Tether to Collaborate With Uzbekistan on Developing Crypto Infrastructure Projects
8.3.2024
Tether, one of the largest stablecoin companies, announced a collaboration with the government of Uzbekistan to develop cryptocurrency and communication projects. The memorandum of understanding (MoU) signed between the parties encompasses issuing a comprehensive crypto legal framework, developing...