In a recent Bloomberg report, it has been revealed that the market value of crypto assets is expected to witness a remarkable surge, nearly tripling to $7.5 trillion by 2025. Wall Street Firm Predicts “Monster Of A Crypto Cycle” The next few years are likely to usher in a “monster of a crypto cycle,” according to Wall Street research firm Bernstein. In addition, Bernstein analysts have an “outperform” rating on the stock as they initiate coverage of online brokerage Robinhood Markets. Analyst Gautam Chhugani believes investors should take advantage of…
Day: March 14, 2024
Speculation Rises on Whether Bitcoin’s Halving Is Reflected in Current Prices
Bitcoin has witnessed new highs in its price lately, with the premier cryptocurrency experiencing an over 60% increase since the beginning of the year. Meanwhile, the crypto community is abuzz with debates on whether the impending halving event is already reflected in the price. There’s a prevailing suspicion that despite bitcoin’s climb against the U.S. […] Original
Dogecoin Open Interest Maintains Record Highs, Is A Crash Coming?
The Dogecoin open interest rose to a new all-time high earlier in March, and while there has been a small retracement, the open interest has continued to maintain very high record levels since then. Given this continuous high level, it could point to where the price of the meme coin is headed next using historical data. Dogecoin Open Interest Maintains High Level Open interest is a measure of the total number of futures or options contracts of a particular coin in the market at a give time. It can help…
Solana Tokens Among Top Gainers: JUP and WEN Soar Over 12%, WIF Hits New ATH
The Solana ecosystem has experienced notable growth, and SOL’s price has turned many experts bullish on it. Similarly, the Solana-based tokens are showing impressive performances during this bull run, with many being among the top gainers in different timeframes. Solana Chain Driven By Memecoins? According to CoinGecko data, Solana is currently the 5th largest blockchain by Total Value Locked (TVL), registering over 12.8% growth in the past day. During this timeframe, Solana has outperformed its competitors, including Ethereum, which has registered a 2.2% decrease since yesterday. In the 7-day and…
Bitfrost and Stacks Foundation Team up to Enhance Bitcoin Utility
In a recent development, the Bitfrost Foundation has allied with the Stacks Foundation to explore new opportunities within the Bitcoin ecosystem. This partnership is dedicated to harnessing Bitcoin’s potential by introducing innovative use cases and improving interoperability with assets and protocols based on Bitcoin. Bitfrost and Stacks Foundation Partner to Expand Bitcoin Ecosystem On Thursday, […] Original
Solana and THORchain surge; Milei Moneda eyes promising debut
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) and THORChain (RUNE) experience notable price increases, while Milei Moneda ($MEDA) prepares for a promising launch with a 100% ROI potential. Solana soars on meme coin mania: SOL up 34% Solana’s native coin, SOL, has surged to a two-year high. This surge is attributed to the skyrocketing popularity of Solana meme coins like BONK and Dogwifhat, which reached $2 and $1 billion in trading volume on March…
Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck
The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund. Source
Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating
COPA, for its part, said it would refer Craig for criminal proceedings, which might involve the numerous times he perjured himself. Justice Mellor said he would issue a “fairly lengthy written judgment” of the trial which saw Wright submit forged evidence and lie incessantly. Hodlonaut, who appeared in court during Wright’s cross-examination, expects the document to be “brutal.” Source
A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says
“The only thing that CryptoFX guaranteed was a trail of thousands upon thousands of victims stretching across 10 states and two foreign countries,” he said. “A scheme of that size requires lots of participants, and as today’s action demonstrates, we will pursue charges against not just the principal architects of these massive schemes, but all those who further their fraud by unlawfully soliciting victims.” Source
Bitcoin (BTC) Price Falls While SOL Outperforms
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