Tag: Pick

Bitcoin (BTC) Price Stable Near $71K as GBTC Outflows Pick Back Up

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Why Cardano (ADA) Is A Top Altcoin Pick In The Next Bull Run

Dan Gambardello, the founder of Crypto Capital Venture, has laid out a bullish narrative for Cardano going into the next bull run. Based on his analysis, the crypto token has the potential to be one of the best-performing coins during that period.  History Could Repeat Itself For Cardano In a video posted on his YouTube Channel, Gambardello mentioned how Cardano was currently in the same technical area it was in the last two market cycles before the Bitcoin Halving. He further noted that on those two occasions, ADA managed to…

Hamas And Hezbollah Pick Tron Instead Of Bitcoin In Crypto Shift, Report

TRON (TRX), a blockchain-based digital platform, has surpassed Bitcoin (BTC) as the platform of choice for financial transfers by groups such as Hamas and Hezbollah, which are designated terrorist organizations by the US, UK, and other countries. According to a Reuters report, this development has opened a new front in Israel’s battle against the funding of alleged Iranian-backed militant groups. Tron Wallets Targeted In Israeli Seizures According to the report, a comprehensive analysis of crypto seizures announced by Israeli security services since 2021 highlights a significant increase in targeting TRON…

Crypto Regulation Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick

The uncertainty over Scalise also keeps Rep. Patrick McHenry (R-N.C.), the stand-in speaker, from returning to his chairmanship of the House Financial Services Committee, which has been shepherding the leading crypto legislation in this session. When Republicans eventually pick a speaker, industry lobbyists have suggested McHenry may have built up some goodwill for taking the party’s reins, and he could spend some of that on getting floor votes for two crypto bills that cleared his panel. Source

Solana Eclipsing Ethereum? Analyst’s Top Altcoin Pick Emerges

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to choose it as their platform of choice. Pal unveiled his enthusiasm for SOL, dubbing it one of his foremost altcoin choices and a contender for the most promising project outside of Ethereum. The crypto luminary also…

investors pick Borroe over Maker and THORChain

The crypto market can present opportunities for discerning investors. At the moment, investors are looking at Maker (MKR), THORChain (RUNE), and Borroe (ROE), considering their growth potential. ROE is the newest of the three tokens, and analysts maintain a bullish preview of this project.  This article digs deeper, exploring why. Maker’s revenues soar to a 2-year high MakerDAO’s rising network activity has pushed its revenue to $165 million, a 2-year high. The increase follows the surge of DAI deposits, which currently stand at 5.5 billion DAI, a near 4-fold increase.…

‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls

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Bitcoin (BTC) stayed below $25,000 on June 15 after a snap reaction to United States economic policy changes saw three-month lows. BTC/USD 1-hour candle chart on Bitstamp. Source: TradingView Hawkish Powell “all bark, no bite” Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it consolidated after the prior day’s losses totaled over 3%. The U.S. Federal Reserve had delivered an expected pause in interest rate hikes — its first since 2021 — while keeping the mood hawkish. Fed chair Jerome Powell suggested that fresh hikes may be necessary…

Cointelegraph Top 100, 2023 edition: The toughest one yet to pick

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With profiles 21–30 available now, only one week remains until the top spot in Cointelegraph’s Top 100 for 2023 is revealed. A lot is riding on 2023 after such an eventful year for the cryptocurrency industry, and we look forward to seeing some vindication for the entire space. January may have given us a glimpse of hope, but more recently, with Kraken staking services and the Paxos-issued Binance USD (BUSD) stablecoin taking a beating from ever-unpredictable regulators, the crypto space is seemingly being shown its place, and we are reminded…

Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Sell-Off: Sources

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Creditors have waited nearly a decade to get a portion of their money back after Mt. Gox – one of the first and, at one time, the largest crypto exchange in the world – was hacked in 2014. Hackers made off with 850,000 BTC, a sum valued at $460 million at the time. After the hack, Mt. Gox was left with approximately 142,000 BTC, 143,000 bitcoin cash (BCH), and 69 billion Japanese yen. Original