Month: March 2024

Milei Moneda gains attention amid ADA, SOL market movements

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Cardano developers ramp up activity amid ADA’s decline, SOL makes a comeback fueled by meme coins, while investors gravitate towards Milei Moneda for substantial gains in the altcoin arena. Top altcoins have been correcting their prices since the last coin rally, and Cardano (ADA) and Solana (SOL) seem to have been hit worse than most. The cryptocurrency market is in yet another of its temperamental mood shifts, and…

Galaxy CEO: US Debt Crisis Drives Demand for Bitcoin

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Galaxy Digital CEO Mike Novogratz has proposed several measures to prevent a U.S. debt spiral. The executive explained that the U.S. debt crisis makes it “so easy to convince people to buy bitcoin and other hard assets.” He emphasized that implementing these measures could give the U.S. a chance to avoid a “debt death spiral.” […] Original

Bitwise CIO predicts $1T BTC inflow via ETFs from institutional investors

Bitwise chief investment officer Matthew Hougan said institutional investors would likely pour as much as $1 trillion into Bitcoin through exchange-traded funds (ETFs) as they steadily move into crypto. In a memo sent to investment experts, Hougan addressed concerns over Bitcoin’s price volatility. As the asset fluctuates between $60k and $70k, the CEO believes the best strategy is to “keep calm and take the long view.” 1% Down; 99% to Go. Reflections on the ETF launch. An excerpt from Bitwise CIO @Matt_Hougan‘s weekly memo to investment professionals. Lately the crypto…

Deestream stage 2 presale attracts Avalanche and Uniswap fans

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Avalanche (AVAX) and Uniswap (UNI) tokens have regained investor attention in a bustling market recovery. DeeStream (DST), a decentralized streaming platform, emerges as a focal point for both AVAX and UNI supporters. Avalanche’s price remains steady Avalanche has remained steady in the past week from $54.5 to $54.7. However, its trading volume has increased by 107% in the past week alone, surpassing $1B, although it has dropped over the…

What’s A Simple Strategy For Buying & Selling Bitcoin? This Analyst Answers

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An analyst has revealed a simple strategy for buying and selling Bitcoin using the historical pattern followed by two BTC on-chain indicators. These Bitcoin On-Chain Indicators Have Followed A Specific Pattern Historically In a post on X, CryptoQuant author Axel Adler Jr. discussed a simple strategy for timing buying and selling moves for Bitcoin. The strategy is based on the trend witnessed historically in two BTC on-chain metrics: the Net Unrealized Loss (NUL) and Net Unrealized Profit (NUP). As their names suggest, these indicators keep track of the total amount…

Cardano Latest Technological Updates Unveiled, Analyst Maintains Bullish Outlook on ADA

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Cardano (ADA), the proof-of-stake blockchain platform, has made notable progress in technological advancements, according to Input Output Hong Kong (IOHK), the engineering firm behind the Cardano blockchain. IOHK’s recent announcement highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. Cardano Smart Contract Optimization One significant area of improvement lies within the ledger team, which has reportedly enhanced test frameworks and data quality in the Newconstraints phase3. They achieved this by introducing constraints and new types such as Size, SizeSpec, and Sized.  The engineering…

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient internal scaling and parallelization within Ethereum’s ecosystem, according to Buterin. Scaling Ethereum: Buterin […] Source CryptoX Portal

Crypto Analyst Predicts 600%-1000% Return For XRP, Here’s The Target

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A cryptocurrency analyst has predicted a massive price surge for XRP, anticipating the cryptocurrency to witness a more than 600% increase. Despite its historically sluggish growth, XRP has begun to gather momentum, showing potential to experience major price growth during the 2024 bull run.  Price Projected To Soar Above $5 A crypto analyst identified as Egrag Crypto has taken to X (formerly Twitter) to predict an exponential price surge for XRP. According to Egrag Crypto XRP is “guaranteed” to experience a 600% to 1000% increase to new all-time highs around…

UK court freezes $7.6m of Craig Wright’s assets

A British court has issued a global freeze on $7.6 million of Craig Wright’s assets, effectively blocking him from transferring the funds abroad.  A legal ruling earlier this month found Wright not to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, contrary to his previous claims. Judge James Mellor presided over the lawsuit initiated by the Crypto Open Patent Alliance (COPA). The judge concluded that Wright did not invent Bitcoin, write the original Bitcoin whitepaper, or develop the early versions of the Bitcoin software.  Subsequently, Wright informed the U.K.’s Companies…