Rich Dad Poor Dad author Robert Kiyosaki has shared his expectation that the price of bitcoin could skyrocket to $500,000 by next year and $1 million by 2030. He referenced Jim Rickards’ upcoming book, which warns about the risks AI poses to the global financial system, potentially increasing economic instability. Robert Kiyosaki’s Bold Bitcoin Prediction […] Original
Month: September 2024
Former Monero Developer Launches New Crypto Mining App
Riccardo “Fluffypony” Spagni, a former Monero developer, has launched a new mining app called Tari Universe. The app aims to make mining accessible to everyone using a user-friendly interface. However, Spagni faces legal troubles related to fraud and forgery charges. Despite the alleged crimes occurring over a decade ago, South African authorities only took action […] Source CryptoX Portal
Upside Momentum Builds After Pullback
Este artículo también está disponible en español. After a brief pullback, BONK is showing signs of renewed strength as bullish momentum begins to build. The recent price action indicates that bulls have regained control, pushing the token out of its recent slump. As the market shifts, traders are now eyeing a potential upside breakout, with BONK’s next targets becoming increasingly clear. Could this be the beginning of a fresh rally, or will the bears attempt to reclaim their dominance once again? In this article, we’ll provide an in-depth analysis of…
Hamster Kombat Takes Season 1 Snapshot, Reveals Post-Airdrop Direction
Amidst generalized complaints from users who suffered token slashes for being labeled as cheaters, Hamster Kombat has announced that it has taken a snapshot for its season 1. With this move, the project has already closed the upcoming distribution of tokens, revealing the game’s future steps after the token generation event. Hamster Kombat Closes Season […] Source CryptoX Portal
The 5 Month Halving Hangover: Bitcoin Miners Continue to Face Revenue Struggles
Metrics reveal that although BTC prices climbed 6.97% in September, Bitcoin’s hashprice—the anticipated daily revenue from 1 petahash per second (PH/s)—remains ultra-low. This suggests that miners are still dealing with extremely thin profits. With just nine days left in the month, miners have already earned a hair over 62% of what they brought in during […] Original
Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell
Este artículo también está disponible en español. Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies. Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential. However, in an…
Spot Bitcoin and Ether ETFs Record Second Day of Inflows, Leading to Gains
The spot bitcoin and ether exchange-traded funds (ETFs) experienced a second consecutive day of inflows, as both categories of funds posted gains. On Friday, spot bitcoin ETFs drew in $92 million, while spot ether ETFs collected $2.87 million. Spot Bitcoin ETFs Add $92M as Ether ETFs Navigate Mixed Market Publicly listed, physically settled bitcoin and […] Original
The Open Network raises $30M, Drift Protocol brings in $25M
The Open Network and Drift Protocol emerged as the top two firms with the highest funds raised in the last seven days. Per a report by Galaxy, 2024 has been a good year for the fundraising industry, as there has been a steady uptick in the funds raised. As of July 1, founders are reporting an active fundraising environment. Even though there was a drop in deal count from 603 in the first quarter to 577 in the second, capital invested paints a different picture with a rise to $3.2…
Singapore-Based Crypto Exchange BingX Suffers $52,000,000 Hack: Blockchain Security Firm
New data from prominent blockchain security firm Cyvers reveals that a Singapore-based crypto exchange lost $52 million after being hacked. In a new post, Cyvers says that BingX’s hot wallet suffered a multimillion-dollar exploit affecting multiple blockchains, including Ethereum (ETH), Avalanche (AVAX), BNB, Optimism (OP), and Polygon (POL), Base, and Arbitrum (ARB). “Our system has flagged multiple suspicious transactions linked to BingX across several blockchains. Estimated losses have now exceeded $52 million, with most of the stolen assets currently being swapped.” According to cybersecurity firm Peckshield, the hacker made away…
QCP Capital: Crypto Rally Extends, Supported by ETF Inflows
Bitcoin (BTC) and ether (ETH) surged for a third consecutive day, supported by strong inflows into spot exchange-traded funds (ETFs), according to a weekend analysis by QCP Capital. The firm reported that bitcoin retested the $64,000 mark, while ether reclaimed $2,500 during the rally. ‘Uptober’ Gets a Head Start in Mid-September QCP Capital‘s weekend analysis […] Source BitcoincryptoexchangeExchanges CryptoX Portal