Month: May 2024

Expert Cites $123,832 Target Based On Past Trends

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Amidst positive sentiment surrounding the cryptocurrency market, well-known crypto analyst and enthusiast Crypto Con has offered a bullish overview of Bitcoin by identifying historical patterns that indicate that the price of BTC might rise to $123,832 in the upcoming months. By analyzing past market behavior and trends, the expert has discovered crucial indicators that suggest Bitcoin’s potential to outperform previous highs and reach unprecedented heights.  Most Accurate Bitcoin Price Bands Crypto Con’s analysis delves into Bitcoin’s current behavior based on its price bands at several levels, particularly 3 levels, as…

Semler Scientific Announces Bitcoin (BTC) Treasury Strategy

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“Bitcoin is now a major asset class with more than $1 trillion of market value,” said company Chairman Eric Semler. “We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability. We also believe its digital, architectural resilience makes it preferable to gold, which has a market value of approximately 10 times that of bitcoin.” Original

EasyA Hackathon Offers $200,000 in Prize Money for Developers at Consensus 2024

EasyA alumni have already founded projects valued at over $2.5 billion and won funding from top VCs like a16z, Founders Fund, YC and many more. Just last month, Cognition AI, founded by EasyA hackathon winner Walden Yan, was valued at $2 billion. Walden first pitched his idea for DALLE on the blockchain at an EasyA hackathon at Harvard. Two years later, he’s built a transformative company.. Source

Aave Network Set to Launch Following Aave V4 Protocol

In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […] Source CryptoX Portal

Forget Fear, Embrace Greed? Bitcoin Sentiment Turns Red Hot

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Bitcoin (BTC) continues its captivating dance near its all-time high, leaving investors to ponder whether it’s a victory lap or a prelude to a potential tumble. While the price sits stubbornly around $68,000, new data reveals a market brimming with “extreme greed,” according to the Crypto Fear and Greed Index. This suggests investors are piling on, fueled by the belief that the digital gold is on an unstoppable ascent. However, beneath the surface of this bullish fervor lurk shadows of potential setbacks. Let’s dissect the forces shaping Bitcoin’s trajectory. Related…

Bitcoin Falls Below $68K After $9B Mt. Gox Transfer

Bitcoin fell below $68,000 after wallets belonging to Mt. Gox transferred $9 billion worth of BTC to an unknown address early Asian morning. The transaction is possibly part of a plan to repay creditors by Oct. 31. BTC dropped as low as $67,680, a decline of over 1.5% in the last 24 hours, following the transfer having climbed above $70,000 on Monday. Bitcoin subsequently seemed to shrug off the dip to reclaim $68,000 during the European morning. At the time of writing it is just under $68,500, largely unmoved in…