Month: February 2024

Ethereum Price Overtakes BTC -Is $4k ETH a Valid Prediction?

Ethereum price surged past $3,000 on Feb. 20, eclipsing Bitcoin’s 22% growth; ETH 2.0 staking deposit trends observed this week suggest the gap could widen even further. The media frenzy surrounding the Bitcoin ETF approval saw BTC price outperform ETH in the early days of the 2024 market rally. However, this market trend has flipped since the start of February.  As investors make long-term bets, the bulls may capitalize on the rising ETH 2.0 staking deposits and declining market supply to drive a rally above $4,000.  Ethereum surpasses BTC despite…

Sui Reveals Initial Wave of Speakers, Famed Venue for First Annual Basecamp Event – Blockchain News, Opinion, TV and Jobs

Palo Alto, United States of America, February 20th, 2024, Chainwire The joint organizers behind the first annual global Sui conference, Sui Basecamp, today announced the initial wave of confirmed speakers for the Parisian event taking place on April 10 and 11, 2024. Sui Basecamp is a celebration of the developers and entrepreneurs building on Sui, the innovative Layer 1 blockchain and smart contract platform, and will feature speakers and thought leaders from all over the world and throughout the greater Web3 ecosystem.  Sui Basecamp’s initial wave of speakers includes:  Arianna…

Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance

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On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from 13 bitcoin exchange-traded products (ETPs), offering valuable insights. Pyth Network Launches Real-Time Feeds for Bitcoin ETFs […] Original

Cardano Poised For Massive Rally As Key Indicators Signal Bullish Reversal, ADA Surges 14%

ADA, the native token of the Cardano ecosystem, has experienced a notable surge in price, taking advantage of Bitcoin’s (BTC) stagnation above the $52,000 level. With gains of 20% and 14% over the past thirty and fourteen days, respectively, ADA has reignited bullish sentiment among investors. The token’s recent performance has not gone unnoticed, as crypto analyst “Trend Rider” makes a bold price prediction, highlighting key indicators that suggest a potential long-term bull run for ADA. ADA’s Potential Bull Run Ahead In a social media post on X (formerly Twitter),…

Ethereum price approaching $3k, supporters accumulating

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum is edging toward $3K, adding 3.9% in the last 24 hours. After months of comparative dormancy, ETH is seemingly waking up. Currently, Ethereum is up 3.95%, trading at $2,914. The move follows an exceptionally bullish weekly close for Ethereum, where its price soared past the significant $2.5k level.  Ethereum’s 21-day EMA and RSI indicator also reflect bullish momentum, with ETH finding support on the 21-day EMA before its…

CME to launch Euro-denominated micro Bitcoin, Ether futures

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The Chicago Mercantile Exchange (CME) announced the upcoming launch of euro-denominated micro Bitcoin and Ether futures, set for Mar. 18, pending regulatory clearance. This follows the successful launch of U.S. dollar-denominated micro Bitcoin futures in May 2021 and micro Ether futures in December 2021. CME had previously introduced regular euro-denominated Bitcoin and Ether futures contracts in August 2022, alongside options products for these cryptocurrencies. Micro futures contracts will be one-tenth the size of their respective underlying assets. This provides a more accessible option for investors seeking exposure to Bitcoin (BTC)…

XRP Refuses To Back Down As Crypto Analyst Identifies When Price Will Rally To $2

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Several analysts continue to make bullish predictions for the XRP token despite its lacklustre price action. This time, crypto analyst Dark Defender has identified emerging patterns that suggest that XRP could rise to $2 soon.  The XRP Bull Run Is Here Dark Defender mentioned in an X (formerly Twitter) post that the RSI (Relative Strength Index) for the XRP/BTC pair in the weekly time frame “stands in the same place as it did before the 2017 and 2021 XRP bull runs.” Going by the RSI indicator, he affirmed that the…

U.S. Treasury’s OFAC Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System

“The LockBit ransomware variant, like other major ransomware variants, operates in the ‘ransomware-as-a-service’ (RaaS) model, in which administrators, also called developers, design the ransomware, recruit other members — called affiliates — to deploy it, and maintain an online software dashboard called a ‘control panel’ to provide the affiliates with the tools necessary to deploy LockBit,” the DOJ press release said. Source