CryptoCon states that Bitcoin is still on course to potentially achieve additional gains of up to 30% compared to its current price levels. According to popular analyst CryptoCon, Bitcoin (BTC), currently priced at $34,456, is poised to reach $45,000 in November, following a traditional Bitcoin price cycle. On October 25, CryptoCon, known for creating Bitcoin…
Solana is on a fast-paced growth trajectory, outpacing several competitors. However, its most significant goal remains on the horizon, yet to be achieved. Ethereum has been a long-standing favorite, but recent data shows that Solana (SOL) is gaining ground in global markets, with India being a standout example. There are several reasons for Solana’s growing…
Polygon Labs has introduced smart contracts for its forthcoming cryptocurrency, POL, on the Ethereum mainnet. Polygon Labs has reached a significant milestone by deploying contracts for its new cryptocurrency, POL, on the Ethereum mainnet. This comes after a successful testnet deployment, showcasing Polygon’s dedication to innovation. In September, the Polygon community approved several Improvement Proposals,…
Parity Technologies, which provides blockchain infrastructure for Polkadot, is cutting 30% of its workforce as part of a strategic change. They’re shifting their focus to developing technology for Polkadot, and this restructuring will gradually affect teams involved in go-to-market efforts over several months. Parity Technologies Shifts Focus with Workforce Restructuring Parity Technologies, the essential infrastructure…
Look on chain, a blockchain data analysis platform, has reported significant activity involving Tellor’s TRB tokens. Since August 25, a total of 22 wallets have withdrawn a substantial amount of TRB tokens, totaling 1,185,269 TRB, which is valued at $111.4 million. Notably, the combined holdings of these wallets now make up 46.7% of all TRB…
Cardano, a well-known blockchain platform, has made an important change to its staking parameters. They lowered the minPoolCost parameter from 340 ADA to 170 ADA. This adjustment was announced by the Cardano Foundation on October 24, 2023. It’s a noteworthy development for ADA. The Cardano Foundation shared the news on X, explaining that they made…
Despite a chaotic day filled with confusion about ETF listings, Bitcoin managed to recover from its losses and climb back above the significant $34,000 level. Bitcoin, the leading cryptocurrency, has managed to rise above $34,000 again after experiencing some fluctuations. The clarification from the Depository Trust and Clearing Corporation (DTCC) played a role in this…
The price of Bitcoin has become less volatile recently, with the digital currency staying within a fairly narrow range in the past few days. Bitcoin’s price, which was around $34,000 as of this report, has remained relatively stable in the past day and earlier today, according to data from Coinbase on the BTC/USDT pair provided…
BlockFi has successfully resolved its bankruptcy situation and surprised everyone by announcing its return to regular operations and allowing withdrawals earlier than expected. The troubled cryptocurrency lending platform, BlockFi, which had to stop withdrawals due to issues with FTX, has just declared its return from bankruptcy. This happened sooner than anticipated and aligns with their…
PEPE, a cryptocurrency with a frog-themed branding, has experienced a significant surge in the past 24 hours. Within this timeframe, PEPE’s price has increased by a remarkable 32.16%, reaching $0.0000009746 at the time of writing. Over the course of the last week, PEPE has gained an impressive 46.65%. This surge is accompanied by a notable…
The US Court of Appeals has directed the US Securities and Exchange Commission (SEC) to take another look at Grayscale Investment’s request to change its Bitcoin Trust into a Bitcoin ETF, a move that has had a positive impact on crypto market sentiment. In a significant development, the US Court of Appeals upheld its August…
Bitcoin’s recent approach to the $30,000 price level is catching attention, and what’s even more interesting is that alternative cryptocurrencies (altcoins) are not only keeping up but are actually doing better than Bitcoin. The cryptocurrency markets are having a positive month, often referred to as “Uptober,” as both Bitcoin and various altcoins are showing gains….
Cathie Wood’s company, Ark Invest, has made changes to its investments due to Bitcoin’s big jump in value. Even though a court ruled in favor of Grayscale in the Grayscale-SEC lawsuit about Bitcoin ETFs, which helped boost Bitcoin’s price, Ark Invest still sold shares of Coinbase and the Grayscale Bitcoin Trust. Ark Invest Sells Coinbase…
A few developers and validators are concerned that changing the code might cause a long-lasting problem for the blockchain, as it could create a permanent risk. Debate Over Burning 800M USTC in Terra Luna Classic Community The Terra Luna Classic community has been discussing whether to burn 800 million USTC to help revive LUNC. They…
A significant whale investor has made an interesting move by trading $1.34 million worth of SUSHI tokens for nearly two trillion PEPE tokens, following substantial investments in SushiSwap coins. A recent post on the X social media platform by the “Smart Money” tracker, @lookonchain, reported that an anonymous whale investor made a significant move by…
At the start of the week, the overall cryptocurrency market displayed a bullish sentiment, with Bitcoin (BTC) breaking through the significant psychological barrier at $30,000. Notably, renowned investor Robert Kiyosaki envisions a potential 350% surge in the near future. The acclaimed author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ recently offered his…
Investor interest has been piqued by the Chainlink (LINK) cryptocurrency, thanks to a price surge following the announcement of its upcoming staking v0.2 launch. Chainlink’s cryptocurrency has garnered considerable attention from investors, notably following its announcement of the upcoming Staking v0.2 launch. On October 23, the official announcement of this update, slated for later…
Bitcoin’s price is on the rise, surpassing the $30,000 resistance level. It’s exhibiting positive indications and has the potential for further gains, aiming for the $31,200 mark. This ascent began when Bitcoin initiated a fresh uptrend, breaking through the resistance levels at $28,500 and $28,800. Presently, the price is trading above $30,000 and is supported…
Renowned crypto analyst Ali Martinez is forecasting a significant price increase for Dogecoin. She envisions a 1,500% rally that could bring Dogecoin’s price to $1. To make this happen, a key event to watch for is a weekly candlestick closing above $0.0835. However, investors should stay vigilant, as potential drops are possible, particularly if Dogecoin…
Ripple, despite regulatory challenges, transforms cross-border payments with its unique consensus algorithm and real-time transaction focus. Stellar, emerging from Ripple’s shadow, builds an inclusive financial network, facilitating micropayments and digital asset issuance. Ripple and XRP: Transforming Global Payments Ripple, led by its cryptocurrency XRP, is at the forefront of blockchain innovation, with a mission to…
Bitcoin’s recent price increase over the weekend came as a surprise to many in the market. It recorded a 1.5% gain in the last 24 hours, pushing its value above the important $30,000 mark, which is also a significant resistance level. At the time of writing, Bitcoin was trading at $30,154, showing a 12% increase…
According to Morgan Stanley, the tough times for cryptocurrencies might be over, and brighter days could be coming soon. They say that in the past, Bitcoin has shown its most significant gains shortly after a halving event that happens every four years. Morgan Stanley Predicts Better Times for Cryptos Morgan Stanley’s wealth management division recently…
USDC is a stablecoin, a type of digital currency. It was originally created by the Centre Consortium, a partnership between Circle and Coinbase, both significant players in the cryptocurrency industry. In August 2023, Circle took over full control of USDC issuance and governance in a deal that involved Coinbase acquiring an equity stake in Circle….
Bitcoin has shown a significant increase in value, with its price going up by over 11% in the past week. It has reached a two-month high, which suggests a strong bullish trend in the market. This surge has also contributed more than 10 billion to the overall market value. Bitcoin initially broke through the $30,000…
In his yearly letter, Satya Nadella explained Microsoft’s intentions for AI, which involve incorporating AI and its Copilot into the company’s “most popular products.” Microsoft appears fully committed to embracing artificial intelligence, with CEO and chairman Satya Nadella revealing plans to infuse AI into practically all their customer solutions and every aspect of their technology…
The Shiba Inu community received news about an ongoing update to ShibaSwap, which is the decentralized exchange (DEX) within the Shiba Inu ecosystem. A prominent figure in the Shiba Inu community, Vet KUSAMA, shared some information about the situation but didn’t provide many details about the updates. The announcement focused on explaining the root cause…
On Friday, the price of Bitcoin surged past the $30,000 threshold, sparking optimism in the market. This increase was driven by speculation surrounding the potential approval of a Bitcoin Spot ETF. Bitcoin has recently gained a lot of attention from investors, resulting in a notable price increase. It has now exceeded the $30,000 level, drawing…
The Fed Chair mentioned that the US economy is strong and able to withstand global challenges, which makes it less likely that interest rates will increase in the future. Fed Chair Jerome Powell, during a Thursday address in New York, suggested that there might not be any more interest rate hikes in the current cycle…
European Binance users can once again make euro payments, deposits, and withdrawals after several months of service disruption caused by PaySafe. Binance, a cryptocurrency exchange, recently shared that it has secured new partners to handle euro deposits and withdrawals. This development comes after the loss of its previous fiat partner, PaySafe, back in September. In…
Solana faced a setback yesterday but surprised everyone with a strong comeback, persisting in its fight against local resistance. Solana (SOL) has recently experienced a significant resurgence, as evident in its recent trading charts. This comeback is not only crucial from a technical perspective but also carries broader implications for the volatile cryptocurrency market. An…
Bitcoin SV, which is a fork of Bitcoin, experienced a significant increase in both its price and trading volume, leading to new price records in October 2023. The cryptocurrency market has been getting more attention recently, and one cryptocurrency, Bitcoin SV (BSV), made headlines on Thursday, October 19th, due to a significant price increase. BSV,…
In Tesla’s latest Q3 earnings report, it’s revealed that the company didn’t sell any Bitcoin in the past three months. This marks the fifth consecutive quarter without any Bitcoin sales for the company. The Q3 2023 Report According to the Q3 2023 Report, as of September 30th, Tesla held approximately 9,720 Bitcoin (BTC), valued at…
Dogecoin has been lacking a significant boost, but if its price closes above $0.0835, it could mark the beginning of a new upward trend for DOGE. Despite the overall recovery in the crypto market in 2023, meme coin Dogecoin has had a lackluster performance. It recently slipped a few positions in the rankings, but now…
Cardano (ADA) investors are facing a crucial moment as the cryptocurrency grapples with a triangle pattern. ADA is currently valued at $0.246925, and the market is navigating a complex landscape of possibilities. Despite a 1.3% drop in the last 24 hours and a slight 0.1% decrease over the past week, market sentiment remains cautious. Traders…
Fantom Foundation Faces Security Breach, Loses $657,000 Due to Google Chrome Exploit. About 35 wallets on Fantom and Ethereum networks impacted, but primary assets in cold wallets stay safe. In recent times, the blockchain world has faced its share of challenges, and the Fantom Foundation is the latest to be affected. They’ve experienced a major…
The company’s plan to terminate the Community Points program in November 2023. The decision is driven by the program’s resource-intensive demands and the challenges posed by complex regulations. Cryptocurrency Devaluation The Community Points program on Reddit used to reward users with special tokens like MOON, BRICK, and DONUT, which were based on Ethereum’s ERC-20 standard….
Terraform has asked the court to make Citadel share its trading records from May 2022. They argue that Citadel’s CEO, Ken Griffin, planned to bet against the stablecoin when it fell. Terraform suggests that TerraUSD’s drop was a result of actions by various third-party players. On October 10, Terraform Labs took legal action by filing…
Shiba Inu (SHIB), the second-largest meme cryptocurrency, is gaining attention from big investors. Just a few hours ago, a staggering 4.5 trillion SHIB was transferred between wallets, making it one of this month’s largest transactions in terms of value. This significant SHIB movement coincides with its price rebound as the token starts to show a…
Solana’s SOL is making progress above the $22.50 barrier. Based on traditional technical indicators, the price of SOL might increase by 20% to reach $30 by October 2023. In the previous Solana price prediction, it was mentioned that buying opportunities were found in Solana above the $20.00 level. Buyers remained active above both the $20.00…
Judge Lewis Kaplan has approved a request from prosecutors to prohibit Sam Bankman-Fried from talking about the current worth of his investments. The latest update in the United States v. Sam Bankman-Fried case involves the judge agreeing with prosecutors. They won’t let Sam Bankman-Fried talk about how much his investments are worth, particularly the $500…
Bitcoin, the digital currency created by Satoshi Nakamoto, is on the brink of a significant milestone. Predictions are pointing to the possibility of Bitcoin reaching $100,000 in 2023. This journey started when Bitcoin crossed the $100 per coin mark in April 2013, a moment that attracted widespread attention and investor interest. The potential surge in…
To boost Bitcoin mining profits for users, ECOS has a plan. They’re going to acquire and deploy a large number of advanced Antminer S21 units, each capable of 300 TH/s. They worked out this deal with Bitmain during the World Digital Mining Summit 2023 in Hong Kong. The global mining industry is quite concerned about…
In a major move, Binance, the world’s largest cryptocurrency exchange, has decided to stop new users in the United Kingdom from accessing its platform. Starting from 5 p.m. London time on Monday, October 16, Binance won’t let new users from the UK sign up, according to an official blog post from the exchange. This decision…
Investor interest in meme coins grows with BitTrade’s addition of Dogecoin and Shiba Inu. Optimism rises, aided by an increase in SHIB’s burn rate. On Monday, October 16, meme coins grabbed the spotlight as investors showed increasing interest in these digital assets, driving notable price surges. Both the Shiba Inu ecosystem and Dogecoin started the…
The Solana Foundation has joined forces with the Dubai Multi Commodities Centre (DMCC), a prominent free economic zone in the United Arab Emirates, as an ecosystem partner. Solana Partners with Dubai Multi Commodities Centre (DMCC) The Solana Foundation recently joined forces with the Dubai Multi Commodities Centre (DMCC), a UAE-based free economic zone. Under this…
Binance CEO CZ is celebrating the 25th quarterly burn of 2.14 million BNB tokens, which are valued at $453 million, along with the crypto community. Binance CEO Changpeng “CZ” Zhao celebrated the 25th quarterly token burn with the crypto community. Binance, the world’s largest crypto exchange, burned 2.14 million BNB tokens valued at $453 million…
Tron’s own cryptocurrency, TRX, has recently been on an upward price trend, catching the attention of many. People are closely watching the Bollinger bands for more insights. Tron’s cryptocurrency, TRX, had a significant price increase over the past weekend. In the last 24 hours, its price rose by 2.60%, reaching $0.087, and its market…
Ripple seems close to hitting a significant milestone, but the big question is whether it will affect its price. The XRP Ledger has seen substantial growth, now having almost 5 million accounts holding around 60 billion XRP tokens. But it’s important to note that the increase in accounts doesn’t always translate into a higher XRP…
A recent report from the China Economic Daily News has refuted the internet rumor that claimed “Pi coin” altcoins could be exchanged for the Chinese yuan. This newspaper, owned by the state, focuses on economic news and analysis. The rumor initially spread due to a misunderstanding of a video posted online, in which…
According to Bloomberg analysts, the approval of a spot Bitcoin exchange-traded fund (ETF) is highly likely, with a 90% chance of approval by January 10, 2024. ARK and 21Shares’ recent updates regarding their spot Bitcoin ETF application have drawn interest from industry experts. Bloomberg analysts view these updates as a sign of a positive and…