The lead Glassnode analyst, James Check, has made a bold prediction that Bitcoin (BTC) will surpass $250,000 in the current cycle. According to him, years of HODLer conviction will play a significant role in slingshotting the price of Bitcoin to unprecedented levels. In an interview with What Bitcoin Did, Check explained why he believes the
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The recent surge in the price of the Solana meme coin SMOG has caught the attention of traders, leading many to speculate whether it could follow in the footsteps of other successful meme coins like DogWifHat. With a significant 70% price increase, SMOG has seen a rapid ascent to a $287 million market cap valuation,
A recent report has shed light on the substantial Bitcoin holdings of Elon Musk’s companies, Tesla and SpaceX. According to Arkham Intelligence, an AI-based blockchain analytics platform, Tesla made a significant investment in Bitcoin back in January 2021, purchasing around $1.5 billion worth of the cryptocurrency. Since then, the automotive company has engaged in several
Several Ethereum-based altcoins have recently caught the attention of whales, as indicated by on-chain data. Whale activity, measured by the “whale transaction count,” reveals the total number of transfers valued at $100,000 or more happening on the network. This metric signifies the involvement of large entities capable of moving significant amounts in single transactions. Recent
Cryptocurrency enthusiasts are abuzz following renowned analyst Willy Woo’s optimistic projection for Bitcoin (BTC). Woo, known for his successful past predictions, believes that a significant surge is imminent, driven by the recent approval of spot Bitcoin ETFs. These exchange-traded funds offer traditional investors a way to access Bitcoin without the complexities of direct ownership. Woo
In a groundbreaking move, leading travel agency Travala has disrupted the traditional loyalty program model by introducing Bitcoin cashback rewards for its users. This innovative initiative not only redefines the concept of travel rewards but also sets a new standard for customer satisfaction in the industry. By partnering with the AVA Foundation, Travala has demonstrated
As macro tailwinds following dovish commentary from Fed Chair Jerome Powell help lift major cryptos back toward recent highs, investors hunting for the best crypto to buy today would do well to consider diversifying their portfolios. While Bitcoin (BTC) and Ether (ETH) are experiencing modest gains, smaller altcoins are enjoying outsized pumps. This shift in
The Spanish data protection regulator, AEPD, has taken a decisive step by instructing Worldcoin to cease the collection of personal data in the country through scans. This action came after a series of complaints were lodged against Worldcoin since last summer. Concerns included the lack of transparency in data processing information, the collection of data
The emergence of Ethereum as a leading force in the financial system is undeniable. With its focus on smart contracts and the vision of a transparent, tokenized future, Ethereum advocates are enthusiastic about the potential it holds. Currently, Ether is trading at $3,780, showing a steady increase in both daily and weekly timeframes. However, some
The recent testimony by US Federal Reserve Chair Jerome Powell highlighted the regulator’s distance from considering or recommending a central bank digital currency (CBDC). During a Senate Banking Committee hearing on monetary policy, Powell reassured lawmakers about the Federal Reserve’s commitment to protecting the privacy of American citizens. He emphasized that the Fed would not
The recent surge in Bitcoin’s price to a new all-time high of $69,200 was met with excitement and optimism in the crypto community. However, this euphoria was short-lived as the price quickly plummeted to $61,200 in the hours that followed. On-chain data has revealed an interesting scenario that contributed to this sudden crash – the
Neon Machine’s highly-anticipated flagship game, Shrapnel, has been gaining attention in the blockchain gaming world due to its innovative use of SHRAP tokens. These tokens play a crucial role in the Shrapnel ecosystem by providing rewards for early access competitions, enabling player-created content, and facilitating community votes. Given the significance of the SHRAP token, Neon
Recently, Binance.US has been grappling with significant hurdles, such as mandated staff layoffs and a notable decrease in revenue, all triggered by legal proceedings initiated by the U.S. Securities and Exchange Commission (SEC). Chief Operating Officer Christopher Blodgett unveiled in court documents that the company had to let go of more than 200 employees, which
The recent surge in Bitcoin’s price, leading to a new all-time high, had a ripple effect on Ethereum. After reaching above $3,800, Ethereum experienced a significant price drop of over 10%. However, the second-largest cryptocurrency managed to recover from the dip and briefly touched $3,900. This milestone marked the first time in over two years
After a recent decline in the value of Cardano (ADA) following Bitcoin’s withdrawal from its all-time high, crypto analyst Dan Gambardello has shared his insights on what this pullback could mean for the broader bull market. Contrary to the negative sentiment surrounding the decline, Gambardello believes that this could actually be a positive development for
As Pepe Coin starts to plateau below its recent record highs, investors are beginning to divert their attention to a new initial coin offering (ICO) called $PEEN. The allure of potentially reaping 100x return on investment (ROI) tokens is driving this shift in focus. Pepe Coin (PEPE) has experienced a remarkable 150% increase in value
As the price of Bitcoin recently reached the $69,000 mark, there has been a notable pullback in its value. This has sparked a bearish sentiment across the crypto market, with several top analysts predicting a further decline in the price of Bitcoin. One such analyst, Ali Martinez, has drawn attention to key indicators that suggest
Bitcoin experienced a brief moment in the spotlight on March 5th when it surged to its all-time high of $69,000. However, this moment was short-lived as the cryptocurrency quickly faced a 14% correction, pulling its price down to $59,300. Despite this correction, Bitcoin managed to regain some ground in the early hours of March 6th,
Ubisoft, one of the leading game development companies, has recently announced a collaboration that is set to revolutionize the gaming world. Partnering with Ethereum NFT card game Cross the Ages, Ubisoft is introducing Watch Dogs-inspired NFT cards that will take player immersion to a whole new level. This unexpected partnership brings together the worlds of
The Securities and Exchange Commission (SEC) filed a joint motion on March 5, urging the court to take further action against Binance.US. The SEC alleged that Binance.US failed to comply with regulatory requests for information on customer assets. The SEC pointed out various deficiencies in Binance.US’s inspections, lack of transparency in company operations, and refusal
The Ethereum Foundation, a non-profit organization, recently made headlines with an unexpected move – initiating a significant ETH sell-off to a single address. This action has sparked speculation within the cryptocurrency community about a potential market peak. The foundation’s wallet address, identified as “Cumberland Forwarder,” was the recipient of three ETH transactions, with two of
Cardano, with its recent surge in price hitting a 2-year peak of $0.78, has positioned itself as a strong contender in the altcoin market. This upward trend has outperformed other major cryptocurrencies like Solana, signaling a shift in investor sentiment and market dynamics. In the past week, altcoins, including Cardano, have seen substantial gains while
Pepe (PEPE), one of the biggest meme coin launches of 2023, has caught the attention of investors with its recent price explosion. With a staggering +707% monthly gain, Pepe coin has reached a new all-time high, dominating trending coin rankings on major exchanges. Despite a minor retracement from the peak, Pepe is currently trading at
Cryptocurrency exchange Binance made the bold move to discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach. This decision, made public on Mar. 5, came as a surprise to many as Binance announced that Nigerian users would no longer have access to various services related to NGN. The
Recently, Peter Schiff, the founder of Euro Pacific Asset Management and a known cryptocurrency skeptic, cautioned investors about the surge in Bitcoin prices, labeling it as the “ultimate asset bubble.” His remarks came as Bitcoin price soared past $61,500, reaching new heights. However, his skepticism seemed misplaced as the cryptocurrency continued to trade above $65K
Despite recent gains, Ripple’s XRP still lags behind Bitcoin and other altcoins in terms of performance. However, analysts remain optimistic about its future. Dark Defender highlighted XRP’s movement around the $0.64 Fibonacci level, with indicators like MACD and Ichimoku pointing towards further growth. Predictions suggest XRP could surpass $1 by April, with potential for an
The cryptocurrency market experienced a surge on Monday that brought Bitcoin to a two-year high, with prices reaching as high as $68,800. As of the latest data from Coingecko, Bitcoin is trading at $67,980, showing a significant increase of 6.6% in the daily timeframe and 20.6% on a weekly basis. This impressive growth has been