Hunter Horsley, co-founder and CEO of Bitwise, a $4 billion crypto fund manager, believes that banks will accelerate the participation of many investors in the cryptocurrency market. Horsley predicted that in 12 months, the stance of many crypto adopters will change, declaring that banks will be regarded as “the best thing that ever happened to […] Source
Day: October 15, 2024
APT coin price prediction | Growth and opportunities
The Aptos token price is increasing due to all the positive buzz surrounding the project. Let’s take a closer look at APT (APT) coin so we can understand the project and the factors that are currently influencing its price. What is Aptos? Aptos, a layer 1 blockchain, was launched by Aptos Labs in October 2022, founded by a team of former employees who worked on Meta’s (formerly Facebook) crypto project Calibra, which was later rebranded as Libra and then Diem. Aptos Labs, co-founded by CEO Mo Shaikh and CTO Avery…
Grayscale Looks to Turn Multi-Token Fund Tracking BTC, ETH, SOL Among Others Into ETF
“Grayscale is always looking for opportunities to offer products that meet investor demand. Occasionally, Grayscale will make reservation filings, though a filing does not mean we will bring a product to market. Grayscale has and will continue to announce when new products are available,” a spokesperson told CoinDesk. Source
Is Elon Musk Selling Bitcoin (BTC)? Tesla (TSLA) Transfers All $760M of Its BTC to Unknown Wallets.
Besides some of Musk’s companies – including Tesla and SpaceX – that hold bitcoin on their balance sheets, it is unclear how much the X (formerly Twitter) owner believes in the token himself. In an interview broadcast on YouTube in July, Musk said that he thinks “there’s some merit in bitcoin, and maybe some other crypto,” but that his soft spot was for dogecoin (DOGE). Original
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin addresses. The […] Original
MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows
The European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study: Euro Stablecoin Market Transformed by MiCA Three months into MiCA’s enforcement, the […] Source CryptoX Portal
Ethereum Could Target $3,400 Once It Breaks Above Bullish Pattern – Details
Este artículo también está disponible en español. Ethereum (ETH) has surged above $2,500, now testing a critical supply level that could spark a massive rally for both ETH and altcoins. After several days of anxiety and uncertainty, yesterday’s market surge has reignited optimism across the crypto space. Investors and traders are closely watching Ethereum’s price action, as a break above this crucial zone could signal the start of a significant upward trend, potentially setting the stage for an Altseason. Related Reading Top analysts and investors await confirmation that ETH is…
Minsama Unveils the Powerful SAMA X 380 ASIC Miner: 377 TH/s, Superior Air Cooling, and Unmatched Efficiency at 7 J/TH
MINSAMA proudly presents its new, high-performance ASIC miner, the SAMA X 380, specifically designed for efficient and productive Bitcoin mining. Kindly view the press release video for an insightful presentation on the groundbreaking features and advanced technology of the SAMA X 380. This powerful device boasts an impressive hashing speed of 377 TH/s, exceptional energy […] Source CryptoX Portal
Analyst Breaks Down The Movements And Why It’s So
Este artículo también está disponible en español. The reason behind the stagnant XRP price growth has remained a mystery, with many crypto analysts pointing to legal disputes and market volatility as key factors holding back its momentum. However, even during favorable market conditions and after gaining legal clarity following multiple Ripple Court wins against the United States Securities and Exchange Commission (SEC), XRP has still failed to experience a notable upward surge. As a result, investors have questioned the cryptocurrency’s sluggish price growth, prompting a crypto analyst to provide a…
Standard Chartered Eyes New High Of $73,800 Pre-US Election
Este artículo también está disponible en español. Bitcoin has recently shown significant momentum, reaching its highest level since July, briefly touching $67,900 and recovering 7%. This surge follows a dip to $58,900 at the end of last week, further fueling bullish sentiment among investors optimistic about the cryptocurrency’s potential to reach new heights before the end of the year. However, according to research from multinational bank Standard Chartered, this optimistic outlook may be realized even sooner than expected. Key Factors Behind BTC’s Price Surge Geoff Kendrick, the head of digital…