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Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens
22.2.2024
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
22.2.2024
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete...
Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF
22.2.2024
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based on crypto tokens other than bitcoin. “I think it’s inevitable that there’ll be multiple ETFs around different tokens,”...
Fundstrat’s Tom Lee Anticipates Bitcoin Hitting $150K This Year — Calls BTC ‘Sound Money’
22.2.2024
Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized...
Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
22.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28
Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
22.2.2024
Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative...
Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024
21.2.2024
Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value.
The post Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024 appeared first on Cryptonews
Bitcoin Could Hit $150K This Year, Says Fundstrat's Tom Lee
21.2.2024
Bitcoin price can reach as high as $150,000 this year fueled by ETFs, halving and Fed rate cuts, Fundstrat's Tom Lee said
Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability
21.2.2024
On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain...
Top Crypto Gainers Today on DEXTools – Trump, ONI, CEX
21.2.2024
As major cryptocurrencies succumb to profit-taking following strong recent gains, crypto degenerates hunting for quick gains continue to scour the on-chain micro-cap shitcoin/meme coin markets for top crypto gainers today.
The post Top Crypto Gainers Today on DEXTools – Trump, ONI,...
Best Crypto to Buy Today February 21 – Siacoin, BNB, Fetch.ai
21.2.2024
With major cryptocurrencies succumbing to profit-taking in wake of strong gains in recent weeks, investors hunting for the best crypto to buy today are scouring altcoin markets for asymmetric investment opportunities.
The post Best Crypto to Buy Today February 21 – Siacoin, BNB, Fetch.ai appeared...
Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend
21.2.2024
On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day prior, while ether soared past the $3,000 threshold...
Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War
21.2.2024
In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political...
Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know
21.2.2024
On February 21, popular Bitcoin maximalist Fred Krueger issued a stark warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence amid growing competition in decentralized finance (DeFi).
The...
Australian Interest in Bitcoin Increases After Spot Bitcoin ETF Approval in the US
21.2.2024
According to a survey conducted by the Independent Reserve, an Australian-based digital currency exchange, Bitcoin sentiment in Australia experienced a 25% boost after spot Bitcoin ETFs received approval from the U.S. Securities and Exchange Commission on January 10.
The post Australian Interest...
Bitcoin Zero-Knowledge Rollup Citrea Raises $2.7M in Seed Funding
21.2.2024
Citrea says it plans to use zero-knowledge cryptography to help grow Bitcoin's budding decentralized finance (DeFi) and NFT ecosystems
Nvidia's Hotly Anticipated Earnings May 'Trigger' Bitcoin and Crypto Correction, Analyst Says
21.2.2024
'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, the report said
When Bitcoin ETFs Are Right for Investors (and When They're Not)
21.2.2024
SEC approval in January opened up the market to a new generation of investors but there are still advantages to directly owning crypto that ETFs can’t provide, says Eric Ervin, CEO of Onramp Invest
Data Signals Imminent Altcoin Season Amid Steady Bitcoin Dominance
21.2.2024
Several analysts on microblogging platform X have recently highlighted different data points indicating that altcoin season (altseason) could soon be upon us. On February 15, trader/analyst Rekt Capital (@RektCapital) shared a projections chart to suggest that Bitcoin’s current dip could...
Bloomberg: Ethereum Outpaces Bitcoin as Institutions Shift Focus to the Largest Altcoin
21.2.2024
According to Bloomberg, Ethereum has recorded higher growth than Bitcoin this year thanks to speculations of a possible spot ETH ETF.
The post Bloomberg: Ethereum Outpaces Bitcoin as Institutions Shift Focus to the Largest Altcoin appeared first on Cryptonews