Month: September 2023

Bitcoin price all-time high will precede 2024 halving — New prediction

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Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner. That is the latest BTC price prediction from BitQuant, the popular social media commentator who sees a rosy future for the largest cryptocurrency. BitQuant: Pre-halving all-time high will not be BTC price top In his latest post on X (formerly Twitter) on Sept. 15, the pseudonymous “central banker and Bitcoiner” revealed a pre-halving target above $69,000. “No, Bitcoin is not going to top before the halving,” he wrote in…

Dogecoin Price Prediction for 2023, 2024, 2025, 2030 & Beyond

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Dogecoin has been one of the most surprising and discussed cryptocurrencies since its launch in 2013. Its meme-inspired origins and 2021 hype led to spectacular price rises. This Dogecoin price prediction article analyzes factors impacting the coin’s value and predicts its future trajectory. What is Dogecoin? Dogecoin (DOGE) is a cryptocurrency that started as a joke based on the popular Doge meme in 2013. Software engineers Billy Markus and Jackson Palmer created it satirizing the hype surrounding cryptocurrencies. But what began as a parody became one of the largest cryptocurrencies.…

Celsius and Core Scientific propose $45M settlement for litigation

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Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle that had been ongoing for months. In a Sept. 15 announcement, Core Scientific said it had agreed to sell a Bitcoin (BTC) mining data center to Celsius in exchange for $14 million in cash to settle “all existing litigation.” The value of the Texas-based data center was roughly $45 million, and the deal will need court approval before being finalized. The conflict between the two firms largely started in October 2022,…

Stablecoin Launch By Aussie Bank Looms After Chainlink Blockchain Trials

Australia and New Zealand Banking Group ANZ is close to releasing its Australian dollar-pegged stablecoin, A$DC, following a successful test transaction on Chainlink.  In a statement, ANZ’s banking service portfolio lead, Nigel Dobson, said they see high potential in tokenizing real-world assets (RWA) like the Australian dollar on-chain. According to Dobson, the stablecoin’s test transaction on Chainlink’s cross-chain interoperability protocol (CCIP) marks a milestone for the bank. ANZ Bank Explore Suitable Networks To Launch Stablecoin In the statement, Dobson also revealed that ANZ is exploring several networks to determine the best…

Why Are Japanese Investors Choosing XRP Over Bitcoin?

A recent study has revealed that Japanese investors are choosing to invest in Ripple’s XRP over the world’s flagship cryptocurrency, Bitcoin.   XRP Over Bitcoin And Ethereum In contrast to the treatment Ripple and the XRP token are receiving in the US, Japan seems more welcoming to the crypto asset, according to a research paper by the Department of Economics and Finance at the City University of Hong Kong.  According to the report, XRP is preferred over the biggest cryptocurrencies by market cap, Bitcoin and Ethereum. It referenced a survey conducted…

Germany’s blockchain funding increased by 3%, report says

The Crypto Valley Venture Capital (CVVC) has released the German Blockchain Report 2023. It shows a significant increase in blockchain funding within the country. The report analyzes the performance of the blockchain sector in Germany from Q3 2022 to Q2 2023. It shows that the German blockchain sector had a 3% year-on-year increase in funding in the blockchain industry. Germany had a total investment of $355 million in venture capital funding over 34 deals. The report also highlighted that the country reached its record on global funding, attracting 2.4% of international blockchain…

BitGo Partners with Swan Bitcoin to Float First-Ever Bitcoin-Only Trust Company

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance expertise, Bitcoin cold storage technology from BitGo, and Swan’s expertise with fraud prevention, onboarding, and AML/KYC requirements,…

Bitcoin Profit-Taking At 2-Month High, Pullback Incoming?

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On-chain data shows the Bitcoin profit-taking has risen to a two-month high, which could provide resistance to the BTC surge. Bitcoin Profit-Taking Volume Has Shot Up With The Price Rise According to data from the on-chain analytics firm Santiment, investors have started to take profits following the latest cryptocurrency price increase. The relevant indicator here is the “ratio of daily on-chain transaction volume in profit to loss,” as its name already implies, it tells us how the profit-taking volume in the market currently compares against the loss-taking one. The indicator…