Posts published on December 14, 2023 go to media archive 1/4

DeFi Researcher Questions Injective Protocol’s Appeal: Is INJ Overvalued?

Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of…

Bitwise Unveils 10 Crypto Predictions for 2024: Bitcoin to Surpass $80,000, Spot Bitcoin ETFs Could Capture $72 Billion

Crypto asset manager Bitwise has unveiled 10 crypto predictions for 2024 that include bitcoin trading over $80,000, setting a new all-time high. The firm also estimates that spot bitcoin exchange-traded funds (ETFs) could capture $72 billion in…

Matrixport Predicts Bitcoin 2024 Surge, Regardless Of Spot ETF Approval – Here’s Why

As the final months of the year approach, the anticipation surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has generated considerable excitement among analysts and traders…

'Bitcoin NFT' Hysteria Comes to Sotheby's as Super-Mario-Style Mushroom Character Tops $200K

In the historic auction house's first-ever sale of the Ordinals inscriptions known as "NFTs on Bitcoin," a batch of three pixelated images from a mushroom-themed collection drew about $450,000, or roughly five times the highest estimates.

Crypto Analyst Predicts Cardano (ADA) Price Will Rise 1700% To $11, Gives Reasons Why

Popular crypto analyst Dan Gambardello recently dropped a very bullish prediction for the Cardano (ADA) price. This analyst claims ADA is poised to surge to $11 in the next extended bull cycle, an incredible 1700% gain from its current price level…

Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval

Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market…

SEC Chair Gary Gensler Tells CNBC The Commission Is Taking A "New Look" At Spot Bitcoin ETFs

Gary Gensler, the current Chair of the U.S. Securities and Exchange Commission (SEC), hinted at a potential shift in the SEC's perspective regarding spot Bitcoin exchange-traded fund (ETF) applications during an interview with CNBC.In the CNBC…