Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here’s Why
Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently elaborated on the reason for his price predictions for Bitcoin and Cardano. As part of his predictions, the crypto analyst had, at the beginning of the year, stated…
CMC’s Strategic Incubation of Galaxis Unveiled: A New Era for Blockchain-Powered Communities
PRESS RELEASE. Zurich, Switzerland, February 8th 2024, Chainwire. CoinMarketCap’s incubation thrusts Galaxis into the spotlight, merging unmatched crypto intelligence, broad market reach, and a massive global user base to prime Galaxis for an…
Polygon Releases 'Type 1 Prover,' Claiming Milestone Set by Ethereum's Vitalik Buterin
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to "all of the liquidity and value on Ethereum…
Hacken Links Ripple Chairman Hack to XRP Official Wallet
Following an investigation into the hack of Ripple co-founder Chris Larsen’s personal wallets, Hacken has discovered links to XRP’s authorized wallets. Hacken Investigation Traces Chris Larsen’s Stolen XRP Back to Official…
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy
The recently launched spot bitcoin ETFs, excluding Grayscale's GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as…
Ethereum Breaks Above $2,400: This Metric Points To Further Upside
On-chain data shows an Ethereum metric is giving a bullish signal as the cryptocurrency’s price has broken past the $2,400 barrier during the past day. Ethereum Has Continued To Leave Exchanges Recently In a CryptoQuant Quicktake post, an…
The crypto revolution was finally taken to new heights when the SEC approved 11 Bitcoin spot ETFs in January 2024. Global investors flooded in like never seen before, adding almost $5 billion of inflows on the first day of trading. As a result, the…
The EIA Emergency Information Collection Is Alarming
In mid-January, a massive winter storm swept across the United States, dropping temperatures in Central Texas into the low 20s and causing Texans to huddle indoors with their heaters running full blast. The Texas power grid creaks and groans when…
Ethereum’s Dencun Upgrade Goes Live on Holesky Testnet, Eyes Mainnet Launch
Ethereum’s Dencun upgrade has successfully navigated the final testing phase on the Holesky testnet, introducing proto-danksharding to dramatically lower transaction fees on its layer-two solutions, with eyes now firmly set on a mainnet…
Common Wealth Announces the Launch of the World’s First Free VC Fund
PRESS RELEASE. 8 February 2024 [Lisbon, Portugal]: Common Wealth, the powerful, all-in-one platform for early-stage Web3 investments, today announces the launch of a world-first initiative: a Free “earn-to-own” VC Fund. This launch represents…
Shiba Inu Price Breaks 2-Month Downtrend, Eyes New Peaks
The Shiba Inu (SHIB) price has emerged from a persistent downtrend that dominated the past two months. A detailed analysis of the daily and weekly (SHIB/USD) charts indicates a series of critical technical factors that are currently influencing…
AI Generated Bitcoin Auction Marketplace Launched By SatsCrap
SatsCrap, a marketplace for trading goods for bitcoin, has unveiled a new feature: Bitcoin and AI-powered auctions, streamlining the process of selling items for sats, according to a press release sent to Bitcoin Magazine. This marketplace allows…
Legal Twist Keeps Terraform Labs’ Co-Founder Do Kwon in Montenegro, Appeals Court Questions Extradition Grounds
Following the Montenegro Appeals Court’s decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica’s High Court to extradite Kwon…
Nostr Wallet Connect: A Bitcoin Application Collaboration Layer
Going into the future of Bitcoin adoption and development there is one issue of software interacting that is coming to the forefront of roadblocks developers must deal with: compatibility. As applications and protocols in this space become more…
Chainlink Breeds New Whales As $49.9 Million Accumulation Spree Cause Prices To Surge
Chainlink (LINK) has traders buzzing as its price has been up by 40% since the last week of January, massively outpacing the broader cryptocurrency market. Amidst this price spike, mysterious whale wallets have been topping up their holdings, as…
Ethereum Developers Target March 13 for Milestone 'Dencun' Upgrade on Mainnet
The timing for the long-awaited Dencun upgrade, with its much-touted "proto-danksharding" feature, was announced Thursday on a call with top developers for the Ethereum blockchain.
New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s…
Analyst Reveals Potential Trigger For A 32% Cardano (ADA) Rally
An analyst has explained that based on a pattern forming in the Cardano price, a 32% rally could take place, if a close above this level can happen. Cardano Has Been Forming A Descending Triangle Pattern Recently In a new post on X, analyst Ali has…
First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Platform Haru Invest’s Top Executives Arrested for Allegedly Embezzling $826 Million
The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dollars under the guise of offering safe, high-yield crypto investments. Haru Invest Executives Arrested…
Bitcoin Price Jumps Above $44,000, Here Are The Factors Driving It
Bitcoin is back above $44,000 for the first time since the Spot Bitcoin ETFs were approved for trading in January. This price surge is believed to be due to several factors that have played out in favor of the bulls in recent times. BTC Whales…
LBank Labs Announces Strategic Investment in Navi Protocol, Joining OKX Ventures, DAO5, and Hashed in $2M Funding Round
PRESS RELEASE. LBank Labs, a prominent player in the blockchain and cryptocurrency space, is excited to announce its investment in Navi Protocol, an inaugural Native One-Stop Liquidity Protocol on Sui, offering users opportunities as liquidity…
Analyst Predicts Bitcoin Rally To $45,000 Before Pullback
Bitcoin (BTC) has started riding the recent bull market wave and rising with fresh gains after weeks of sluggish momentum, with crypto analysts predicting more potential gains for the leading cryptocurrency asset in the coming days. Bitcoin To See…
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