Ethereum Whales Absorb $1M Loss As Market Caution Intensifies

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Sony Launches Soneium, Its Own Blockchain Platform

Sony has formally introduced its blockchain platform, Soneium, marking a substantial advancement toward decentralized technology. Sony Block Solutions Labs has initiated a new project to facilitate user engagement with blockchain technology, connecting the existing Web2 environment with the developing Web3 ecosystem. A New Era For Creators On top of the current Ethereum network, Soneium is a publicly available Ethereum Layer 2 solution. This arrangement solves common issues faced by blockchain users by enabling faster transaction processing and lower expenses. During its four-month testing phase, Soneium has processed 47 million transactions…

Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next

Este artículo también está disponible en español. Crypto analyst MadWhale has revealed where the Bitcoin price could be headed next, having correctly predicted the BTC crash to $89,000. The analyst also explained why the flagship crypto’s current outlook is bullish, which could lead to further gains.  Where The Bitcoin Price Is Headed Next  In a TradingView post, MadWhale predicted that the Bitcoin price could record a 17% gain and rally to a new high of $110,000. The analyst explained that the outlook for the crypto market is largely positive. He…

Bitcoin is ‘good for the U.S. economy over the long run’

Famed investor and Bitcoin advocate Anthony Pompliano has offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” Famed investor and Bitcoin advocate Anthony Pompliano offered three pieces of advice to President-elect Donald Trump to help him become the “first Bitcoin president.” 1. Repeal SAB 121 In a video posted on Jan. 14, Pompliano, CEO of Professional Capital Management, outlined three actions Trump could take to push Bitcoin (BTC) prices “much, much higher.” His first recommendation was to repeal Staff Accounting Bulletin No.…

Bitcoin mining showed strong growth in 2024 despite halving: report

Bitcoin mining reached significant milestones in 2024, according to the latest industry update from H.C. Wainwright analysts Mike Colonnese and Dylan Scales. Bitcoin (BTC) surged 121% year-over-year, closing the year at $93,390 and outpacing all other asset classes. Key drivers behind the rally included the launch of U.S. spot Bitcoin ETFs, accelerating institutional adoption, and the re-election of pro-Bitcoin President Donald Trump, according to an analyst note shared with crypto.news. The Bitcoin network’s hash rate hit 796 EH/s by year-end, marking a 59% increase from 2023. This growth was primarily…

Crypto Analyst Unveils Shocking Altcoin Season Forecast

Este artículo también está disponible en español. In a bold series of posts on X on January 14, prominent crypto analyst Miles Deutscher delivered a shocking forecast concerning the long-debated phenomenon of an altcoin season. His commentary quickly drew attention from crypto analysts, particularly as it appeared to challenge, rather than reinforce, the long-standing hopes of a 2021-style altcoin mania. RIP Crypto Altcoin Season? Deutscher began his post by acknowledging the renewed conversation within crypto circles on whether an “alt season” could come around again. He distinguished two different interpretations…

Chainlink Weekly Chart Looks Promising – If Bulls Reclaim $30 ‘ATH Are Next’

Este artículo también está disponible en español. Chainlink has showcased its volatility over the past few days, with the price plunging 12% before staging an impressive 13% recovery in less than 24 hours. This rapid rebound has sparked optimism among investors, who view the altcoin’s resilience as a sign of its potential for significant gains in the near term. Related Reading Top analyst Jelle shared a technical analysis on X, describing the LINK weekly chart as slowly evolving into a “thing of beauty.” The chart signals growing strength, suggesting that…