Day: December 8, 2023

Shiba Inu Team Unveils Enhanced SHIB And BONE Burns, What This Means

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Shibarium’s burning mechanism has been in the limelight of late, especially with the recent record of over 8 billion Shiba Inu tokens burnt in a single day. This burning mechanism seems to have undergone an update, which could further enhance its performance.  Shibarium Undergoes Swift Hard Fork A screenshot containing a discord message from DaVinci (a member of the Shiba Inu development team) surfaced online recently. In the message, DaVinci mentioned that Shibarium would undergo a hard fork at Block 1962000. That suggests that the upgrade already took place as…

Crypto Exchange Binance Ends Abu Dhabi License Application: Reuters

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BBVA migrates its crypto custody service to Ripple-owned Metaco’s Harmonize

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BBVA Switzerland, a Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody operations with institutional investors.  According to the press release published on Dec. 7, BBVA, which has been providing Bitcoin and Ether custody since 2021, migrated its infrastructure to Harmonize to achieve more agility and security: “In this environment, transaction validation is more agile and crypto assets are held in custody according to the highest security standards required by regulators.” Harmonize will let the…

Ethereum, Solana Prices Hit 19-Month High, Bitcoin Expected to Reach $50K

Santiment revealed that despite a price drop, Bitcoin can reach $50,000. Ethereum and Solana have managed to hit the highest levels in more than one year and a half.  ETH price now is $2,353 while SOL is trading at around $71. At the same time, Bitcoin (BTC) has decreased to $43,000 again. However, experts believe that there are clear indicators that may hint at $50,000 for BTC price soon. More details will be added soon. next Altcoin News, Bitcoin News, Blockchain News, Cryptocurrency News, Ethereum News Thank you! You have…

VanEck gives 15 crypto predictions for 2024

VanEck made 15 cryptocurrency predictions for 2024, including price forecasts and the timing of the spot Bitcoin ETF launch. The firm estimates Bitcoin (BTC) will reach a new all-time high in late 2024 amid a long-feared US recession and regulatory changes following the next US presidential election. They will take place on Nov. 5, 2024. VanEck 🤝 15 Crypto Predictions for 2024 Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support…

Why Is Solana Price Up Today? 4 Major Reasons

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The Solana (SOL price has risen by more than 14% in the last 24 hours and is now trading above $71. Here are the major reasons for SOL’s latest price rally. #1 Solana Price Follows Bitcoin’s Chart Pattern The Solana price is on the verge of mirroring the price action of Bitcoin (BTC) from last week. Crypto Analyst Jelle highlighted the similarities in a post on X. He stated, “In bull markets, the simple patterns suddenly start working again. Can SOL follow in Bitcoin’s footsteps? […] Simple patterns still work.…

Bitcoin may hit $50K on altcoin ‘FUD’ as Ethereum, Solana beat gains

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Bitcoin (BTC) struggled to hold above $43,000 into Dec. 8 as an altcoin surge put Ether (ETH) in the spotlight. BTC/USD 1-hour chart. Source: TradingView ETH, SOL step up as Bitcoin takes liquidity Data from Cointelegraph Markets Pro and TradingView showed ongoing BTC price consolidation as ETH/USD added up to 7.6% in around 24 hours. Bitcoin, having tapped new 19-month highs of $44,490 earlier in the week, now troubled market participants as both ETH and Solana (SOL) stole attention. $BTC Binance Spot Bids sold into and filled it seems Decent…