Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman
Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if...
Bitcoin
62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize
According to the latest data, 62 blockchain or cryptocurrency projects have collectively raised $474 million over the past 20 days...
DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data
The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology...
This is Why Bitcoin DeFi Could Be the Next Big Thing
Bitcoin developers are exploring the next growth frontier, i.e., programmability through decentralized finance (DeFi). Recent developments suggest that Bitcoin’s adaptability...
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have...
US Congress Passes First Standalone Crypto Legislation
The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange...
Bitcoin Selling Pressure Subsides as Demand Stabilizes: CryptoQuant
The price of bitcoin (BTC) has surged past the $60,000 level to the $67,000 zone due to news of a...
US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust...
Crypto price prediction: Floki, BitBot, Arweave
Cryptocurrency prices did moderately well last week as investors embraced a risk-on sentiment in the financial market. Bitcoin jumped to...
Crypto Mining Surge and Erratic Weather Strain Laos’ Power Grid
A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led...
Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel....
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or...
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three...
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the...
7 Reasons Dogecoin (DOGE) Could Flip Ripple’s XRP in 2024
Dogecoin’s total market capitalization was $19.8 billion at the time of writing, with the hash work-powered meme currency trading at...
Mintlayer Partners with Salus to Develop An L3 to Boost Bitcoin
Mintlayer, a Layer-2 protocol linked to Bitcoin and decentralized finance (DeFi), announced its partnership with Salus, a Web3 security services...
Ethereum (ETH) Path to $10K: Coinbase & Analysts are Bullish
Ethereum (ETH), the second largest cryptocurrency, has seen mixed performance lately but it may be gearing up for a major...
Mining Rig Producer Canaan’s Q1 Unrealized Gains Narrow Net Loss to $39.4 Million
In the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in...
French Regulator Renews Warning Against Blacklisted Bybit
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset...
Senator Lummis Posts Bitcoin Laser Eyes After Passed Crypto Legislation
U.S. Senator Cynthia Lummis recently posted “Bitcoin laser eyes” on X, showing her support for laws supporting the cryptocurrency. The...
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating...
