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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...
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...
Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99% of Addresses Profitable – What’s Next?
2.3.2024
Amid Bitcoin consolidating at $62,000, making 99% of addresses profitable, anticipation builds. PlanB's prediction of a 10-month explosive growth phase highlights a pivotal moment for Bitcoin's future trajectory.
The post Bitcoin Price Prediction as BTC Consolidates at $62,000, Making 99%...
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...
The Innovative Approach to Address Demand for ZKBase in the Market
2.3.2024
PRESS RELEASE. In the Bitcoin ecosystem, projects typically fall into two categories: ‘Asset Issuance Protocols’ and ‘Scalability Solutions’. Project teams usually focus on developing products and solving issues within one of these domains. ZKBase is introducing...
House Financial Services Committee Advances Bill to Repeal SEC Bulletin Preventing Banks From Offering Crypto Custody Services
2.3.2024
The House Financial Services Committee of the U.S. Congress has advanced a resolution that seeks to disavow SEC SAB 121, a bulletin that leaves banks and financial institutions out of the cryptocurrency custody provider market. However, the resolution, advanced with bipartisan support, is unlikely...
Robert Kiyosaki Thanks Bitcoin for Challenging US Dollar and Restoring ‘Integrity’ to Money
2.3.2024
Rich Dad Poor Dad author Robert Kiyosaki has thanked bitcoin for “kicking the fake U.S. dollar’s butt and bringing integrity back to money.” Kiyosaki has recently been more vocal in urging investors to buy bitcoin. He expects the price of the cryptocurrency to reach $100,000...
Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
2.3.2024
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However,...
Speculation and Price Models Fuel Bitcoin Bull Market Predictions Amidst Rising Optimism
2.3.2024
This week, bitcoin’s value ascended to the vicinity of $64,000, leading to a widespread belief among observers that the bullish trend has officially commenced. Speculation centers on the exact moment this upward trajectory began, given that bitcoin has appreciated by 46% since the start...
OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long
1.3.2024
Bitcoin OTC desks are quickly being stripped of supply in the wake of several Bitcoin spot ETF launches last month.
The post OTC Desks Are Rapidly Running Out Of Bitcoin: Caitlin Long appeared first on Cryptonews
Bitcoin Price Prediction as BTC Takes a Tumble – When is the Next Attempt at New Highs?
1.3.2024
As Bitcoin teeters at $62,840, its resilience amidst market turbulence hints at a potential surge. Will it breach new highs beyond $63,925?
The post Bitcoin Price Prediction as BTC Takes a Tumble – When is the Next Attempt at New Highs? appeared first on Cryptonews
Meme Coin Rally May Signal Impending Altcoin Season; This Is the Sign to Watch
1.3.2024
Bitcoin has led the crypto advance this year, but altcoins could start outperforming soon, analysts said
Russia’s FATF Rating Downgraded Over Crypto Regulation Shortfalls
1.3.2024
The Financial Action Task Force (FATF) has lowered Russia’s rating owing to insufficient oversight of cryptocurrencies, as indicated by regional coverage. According to RBC, this downgrade highlights escalating worries about the country’s capacity to oversee and mitigate dubious...