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Barry Silbert Resigns as Chairman of Grayscale Investments
26.12.2023
Digital Currency Group (DCG) founder Barry Silbert has resigned from his position as the chairman of Grayscale Investments. Current DCG chief financial officer Mark Shifke succeeds Silbert and is joined by Edward McGee and Matthew Kummell as members of the new look board. Preparing...
As KEX Shoots Up 167% to a New ATH, This Other Coin Just Hit $6 Million
26.12.2023
KIRA, an emerging force in the decentralized finance (DeFi) sector, has seen its native coin, KEX, soar to unprecedented heights, achieving a remarkable 45.67% surge in just 24 hours. From an initial value of $0.02634, KEX has risen to an impressive $0.1370, setting a new all-time high (ATH)...
Solana Price Prediction: $4.7 Billion Trading Volume Floods In – Can SOL Hit $120 before 2024?
25.12.2023
Solana (SOL), a key player in the cryptocurrency market, has shown remarkable resilience and upward movement, maintaining a strong position around the $122mark. This surge reflects the broader positive sentiment enveloping the crypto market, particularly underscored by Bitcoin’s (BTC) stable...
Crypto Analysts are Building a Position in This AI Token – What Do They Know?
21.12.2023
Launchpad XYZ is running an AI token presale while building AI tools to empower crypto investors with data-driven insights. Image by ginstudio, Adobe Stock. With over 8,000 active cryptocurrencies crowding the market, it can be an overwhelming task for investors to identify promising projects with...
Bitcoin Price Prediction as BTC Hits New Record High for 2023 – How High Can BTC Go in 2024?
21.12.2023
Bitcoin, the leading cryptocurrency, has recently witnessed a minor dip, yet impressively holds above the $43,500 mark, signaling a strong market sentiment. The crypto sphere is abuzz, speculating on how high Bitcoin might soar in 2024. Notably, Bitcoin’s steadfast position above...
Messari CEO Expects Bitcoin to Remain the Unstoppable “Godzilla of Finance” in 2024
20.12.2023
Source: Adobe Stock Messari CEO Ryan Selkis has likened Bitcoin (BTC) to the unstoppable “Godzilla of finance,” emphasizing its enduring position as the leader in the crypto market. In his annual report outlining the key trends within the crypto industry, the crypto boss said...
Veteran Trader Peter Brandt Shorts Ethereum, Signaling Potential Downturn
19.12.2023
On Monday, veteran trader Peter Brandt took to the social media channel X (previously known as Twitter) to reveal that he had taken a short position on ethereum (ETH), the crypto market’s second-largest asset by valuation. He further shared a technical chart with his 707,000 followers on...
Indonesia Presidential Candidate Pledges to Foster Blockchain and Crypto Expertise in the Country
19.12.2023
Image Source: Pixabay Gibran Rakabuming Raka, a vice presidential candidate in the upcoming Indonesian election, aims to accelerate Indonesia’s position as a leader in the digital revolution by cultivating expertise in blockchain and cryptocurrencies. Gibran, the eldest son of President Joko...
100x Meme Coin Sponge Launches V2 – Is $SPONGEV2 The Best Crypto to Buy Now?
18.12.2023
Investors are scrambling to take a position in the freshest meme coin on the market – Sponge V2 ($SPONGEV2), the next incarnation of the legendary Sponge ($SPONGE) meme coin. Let’s take a trip down memory lane – Sponge V1 made its debut during the bear market of May 2023, launching as...
Russian Ministry of Finance Proposes Exporting Cryptocurrencies as a Commodity, akin to Natural Gas
14.12.2023
Source: Pixabay The Russian Ministry of Finance has presented the idea of exporting cryptocurrencies as a product of mining activities. The move is intended to position digital currencies on an equal footing with traditional exports, such as natural gas, potentially reshaping the landscape of...
CME Group Dominates Bitcoin Futures Open Interest Amidst Speculations of $40K Gap Closing
10.12.2023
Recent data indicates that CME Group maintains its top position in bitcoin futures open interest, holding $5.29 billion, followed closely by Binance with $4.65 billion. A comprehensive analysis of 14 distinct exchanges offering derivatives reveals a combined open interest totaling $40.74 billion...
Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency
8.12.2023
Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the ongoing Essequibo claim. Fourteen arrest warrants...
XRP Price Prediction as XRP Spikes Up 3% Suddenly – Are Whales Buying?
8.12.2023
In a remarkable show of resilience, Ripple’s XRP coin continues its upward trajectory, consistently maintaining a robust position around $0.6479. The coin’s substantial growth throughout the year can largely be attributed to the growing optimism surrounding the possible resolution...
Bitcoin Price Prediction as BTC Surges to 18-Month High – Is $48,000 the Next Stop?
7.12.2023
Bitcoin (BTC), the world’s foremost cryptocurrency, has experienced a significant surge, breaching the $44,000 threshold while maintaining a strong position above $43,000. This impressive rally is largely driven by substantial buying from both individual and institutional investors, which...
Binance Will Lose Dominance After Plea Deal: Head of Digital Assets Research at VanEck
7.12.2023
Source: Adobe Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty. While the total market value of cryptocurrencies has surged by 12% or $180 billion in the past week, Binance...
Bitcoin’s Recent Rally Underscores the “Low Correlation” of Crypto with Traditional Assets: Expert
6.12.2023
Source: Adobe Bitcoin (BTC) has displayed resilience by surging to a more than 19-month high, even as global markets experienced a downturn. The cryptocurrency climbed 5.8% to reach $42,000 on Monday and maintained its position just below that level in morning Asian trading on Tuesday. ...
Bitcoin Price Prediction as BTC Pulls Back From $42,000 – When is the Next Leg Up?
5.12.2023
Bitcoin, currently standing as the premier cryptocurrency, has witnessed a remarkable surge, pushing its price to a striking $41,765. Accompanied by a substantial 24-hour trading volume of $27 billion, Bitcoin has experienced an impressive upswing of nearly 6% in the last day alone. This notable...
US Defense Department Urged to Integrate Bitcoin to Maintain Superpower Status
5.12.2023
A U.S. Space Force major has urged the Department of Defense to integrate Bitcoin as an “offset” strategy. Emphasizing that “Integration of this technology could revolutionize national defense strategies in cyberspace,” he stressed: “Addressing this could be vital...
Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
4.12.2023
Having created trading pairs on Archax between bitcoin and tokens showing ownership of an abrdn money-market fund, the firms talk for the first time about using this institutional-grade token as collateral elsewhere
Lido Achieves 9 Million Ethereum Milestone as Rocket Pool Surpasses 1 Million in Defi’s Booming Staking Sector
3.12.2023
Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido’s dominant position in the market. Lido and Rocket...