Crypto analyst RLinda has recently made a bold prediction that Bitcoin could potentially reach a new all-time high of $90,000. She cited both fundamental and technical factors that support this optimistic outlook for the flagship cryptocurrency. On the fundamental side, RLinda pointed out that the market is eagerly anticipating the launch of Spot Ethereum ETFs,
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The latest data on digital asset investments reveals a significant upward trend, with inflows reaching an impressive $1.35 billion last week alone. This marks a substantial increase from the previous weeks, bringing the total inflows over the past three weeks to a staggering $3.2 billion. These figures indicate a growing interest in digital asset products
The Digital Chamber has recently urged Vice President Kamala Harris to take a proactive stance on digital assets and blockchain technology. They emphasized the potential for these technologies to drive innovation, foster economic growth, and promote financial inclusion. This call to action comes at a critical time as the world increasingly shifts towards digital solutions
Recent reports from 10x Research have suggested that if President Joe Biden decides to withdraw from the 2024 presidential race, former President Donald Trump could potentially secure a “decisive victory” in the November election. The firm believes that no credible candidate currently stands a chance against Trump, essentially predicting that the election outcome has been
Ripple’s XRP has recently experienced a significant surge in its price, climbing by 40% in just two weeks. Despite a brief dip below $0.55, the token is currently trading above $0.60, leading many analysts to predict even further gains in the near future. Some industry insiders have even suggested that XRP could reach as high
The CEO and founder of DAIM, Brian Korshain, recently expressed a high level of optimism regarding the potential impact of former President Donald Trump’s support for Bitcoin. Korshain mentioned Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government, stating that while it is “possible,” the process could be “very difficult
Ethereum, a significant player in the cryptocurrency market, began its journey with an initial coin offering (ICO) on July 22, 2014. The ICO was conducted in a permissionless environment, free from venture capital influence or vesting periods. Initially priced at 2,000 ETH per sale unit per BTC, the rate gradually decreased over the course of
The recent surge in the crypto market has brought smiles to the faces of investors, with both Bitcoin and altcoins experiencing significant rallies. Crypto analyst Capo of Crypto has provided a glimmer of hope, suggesting that these tokens are poised for even bigger moves to the upside. In a recent social media post, Capo expressed
The recent announcement of Joe Biden withdrawing from the 2024 presidential race caused significant market volatility among presidential meme coins. This abrupt decision led to a sharp decline in the value of tokens associated with Biden and his family members, while boosting tokens linked to potential Democratic replacements. One of the most notable effects of
Bitcoin (BTC), the world’s leading cryptocurrency, has recently experienced a pullback, with its price heading for the $66,736 level. This dip follows a period of significant bullish activity that had previously pushed BTC’s price above this mark. As the price of the crypto asset approaches this critical level, the key question is whether the bulls
The recent crash in the Bitcoin price has left many investors reeling, with $2,000 being wiped off in just a few minutes. This sudden decline brought the price back below $66,000, causing a ripple effect across the entire crypto market. The main catalyst behind this drastic drop was the unexpected announcement made by US President
Bitcoin’s price showed a positive reaction following President Joe Biden’s announcement of quitting the 2024 presidential race, surging to a multi-week high of over $68,000. This sudden spike in price demonstrates the volatile nature of cryptocurrencies in response to political events. The market witnessed significant fluctuations in the past few weeks, with Bitcoin experiencing both
eBay’s acquisition of KnownOrigin resulted in the closure of the digital art marketplace, leaving shock waves through the community. The company cited shifts in the NFT market as the main reason for shutting down KnownOrigin after just two years of operation. This closure raises concerns about the longevity and safety of digital assets, impacting not
Kraken, a leading cryptocurrency exchange, has recently announced a partnership with Tottenham Hotspur, one of England’s most iconic football clubs. This alliance marks a significant move in Kraken’s global marketing strategy to reach a wider audience through enhanced web3 integrations. By joining forces with a renowned football club like Tottenham Hotspur, Kraken aims to leverage
The crypto industry finds itself in a state of anticipation as the possibility of a second term for former President Donald Trump looms on the horizon. With Trump vowing to put an end to President Joe Biden’s crackdown on cryptocurrencies, the stakes are high for both domestic and overseas crypto firms. Recent polls have indicated
In a recent analysis by crypto investment firm Mechanism Capital, Bitcoin is projected to reach a price level above $1 million in the mid-term. One of the key factors contributing to this bullish prediction is the potential adoption of Bitcoin as a national treasury reserve asset. Despite recent market structure challenges, Mechanism Capital’s co-founder, Andrew
The past week has been particularly lucrative for the cryptocurrency market, with the total capitalization soaring to $2.55 trillion, marking an increase of over $150 billion. While Bitcoin may not have been the top performer, it certainly made waves by surging 11% in just seven days. The price of Bitcoin experienced a significant uptrend starting
Semilore Faleti is a prominent figure in the field of crypto journalism, with a specialization in writing about blockchain technology and cryptocurrency. His journey in this industry started with writing on various subjects before realizing his passion for the complexities of digital assets. Semilore’s background as a content writer allowed him to curate educational articles
Semilore Faleti is not just any cryptocurrency writer – he is a specialist in the field of journalism and content creation, with a particular focus on the complexities of blockchain technology and digital assets. His journey into the world of crypto writing began with a diverse range of subjects, but it was his ability to
Three individuals were recently apprehended by the Hong Kong police on suspicion of defrauding a businessman of HK$3.11 million in crypto assets. The trio offered the victim three bundles of counterfeit HK$1,000 banknotes during a fraudulent transaction at a Mong Kok office. Authorities seized a total of 10,978 fake banknotes during a raid at the
Bitcoin has experienced a bullish run in the past week, with its price fluctuating between $61,000 and $67,000. Despite concerns regarding Mt. Gox’s customer repayment, trading data from QCP Capital suggests that Bitcoin may be gearing up for a larger price rally. The premier cryptocurrency has been a hot topic amongst investors, particularly due to
State Street Corp., a prominent financial institution based in Boston, is delving into the world of cryptocurrency by considering the launch of its own stablecoin and tokenized deposits. This move is aimed at enhancing payment settlement processes through the utilization of blockchain technology. The company has been actively involved in efforts to immerse itself in
Semilore Faleti is a prominent cryptocurrency writer who has established himself as an expert in the field of journalism and content creation. With a focus on blockchain technology and digital assets, Semilore’s work is known for its depth and clarity in deciphering the complexities of the crypto world. His passion for the efficiency of digital
Kraken Institutional, a division catering to institutional investors of the US-based crypto exchange Kraken, has recently announced the expansion of its custody services into the UK and Australia. This strategic move marks the first venture of Kraken Institutional following its initial launch earlier this year. The decision to expand Kraken Custody services into the UK
A well-known crypto analyst, Scott Melker, has made bold predictions regarding the price of Bitcoin, stating that the cryptocurrency could reach an all-time high of $100,000. This optimistic outlook is based on several key factors that Melker believes will drive Bitcoin’s price upwards in the coming years. According to Melker, the current market cycle for
The Chicago Board Options Exchange (CBOE) has provided clarity on the official launch date for Spot Ethereum ETFs in the crypto market. The announcement of five Spot ETH ETFs set to commence trading on July 23, 2024, has generated significant interest and anticipation among investors and analysts alike. Previously, there were speculations about the potential
Over the past weekend, Bitcoin experienced a significant rally in price, indicating a potential bottoming out of the crypto asset. The price of Bitcoin surged to $67,000, although it was currently at $64,000. This recovery comes after holders faced substantial losses in 2024, with on-chain metrics showing positive momentum in the short term. CryptoQuant analysts