Chamath Palihapitiya, a prominent venture capitalist and billionaire investor, recently made a bold prediction about the future of Bitcoin. He suggested that the cryptocurrency could surge to an unprecedented price of $500,000 based on historical data and trends related to Bitcoin’s halving cycles. In his analysis, Palihapitiya highlighted the correlation between Bitcoin’s halving events from
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Polkadot Blockchain Academy recently launched its fifth cohort in Singapore, aiming to educate and nurture developer talent in the region. The program offers 184 lecture hours and is led by 18 experienced instructors to provide top-tier guidance to the participants. Despite these efforts, the price of DOT, Polkadot’s native cryptocurrency, remains steady at around $7,
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In a groundbreaking collaboration, Crypto.com and InterCellar have joined forces to introduce a new concept in wine collecting: real-world asset tokenization. This innovative approach aims to revolutionize the way wine collectors interact with their prized possessions, offering enhanced liquidity and traceability. By tokenizing real-world assets, such as premium wines, collectors now have the opportunity to
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The Polkadot Blockchain Academy (PBA) has recently launched its fifth cohort in Singapore, marking a significant milestone in the world of blockchain education. The academy, known for its commitment to nurturing developer talent and supporting the growth of the Polkadot ecosystem, is providing participants with a unique and immersive learning experience. With a team of
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In the world of cryptocurrency, the price of Bitcoin has been a topic of much speculation and debate. Despite its recent decline below the $70,000 mark, one crypto analyst, Peter Brandt, remains optimistic about the future of the pioneer cryptocurrency. According to Brandt’s blog post, he predicts that Bitcoin could reach a top price between
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Recent data has revealed a significant drop in the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges. BTC ECHO analyst Leon Waidmann shared Glassnode data indicating that exchange balances for both cryptocurrencies are at their lowest levels in years. Bitcoin’s supply on exchanges has dwindled to 11.6%, while Ethereum’s supply has decreased to 10.6%.
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In a recent blog post titled “How to get regulatory clarity for crypto,” Coinbase CEO Brian Armstrong emphasized the importance of securing regulatory clarity for the crypto industry. He called for a concerted effort to support pro-crypto political candidates and remove anti-crypto incumbents from office. Armstrong highlighted the significant investment Coinbase has made in policy
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Several crypto analysts have recently made bold predictions about Bitcoin’s price direction, citing bullish patterns and potential breakout points on the chart. Tara, a prominent analyst, has identified a bullish pattern and suggested that Bitcoin could reach $75,800 in its next major move, setting a new all-time high for the flagship cryptocurrency. Tara’s analysis indicates
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In a move to advocate for pro-crypto policies and politicians, Ripple has made a significant contribution of $25 million to the Fairshake super PAC. This decision aligns with an industry-wide effort to promote fair and balanced regulation within the cryptocurrency sector. Ripple’s choice to support Fairshake comes in the midst of an ongoing legal battle
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Recent geopolitical tensions and rising inflation rates have led to a surge in interest in Bitcoin among American voters. A survey funded by Grayscale, a Bitcoin ETF issuer, has revealed that one in three U.S. voters are now considering a political candidate’s stance on cryptocurrencies before deciding how to cast their vote. This marks a
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Bitcoin’s price has recently faced a significant hurdle as it failed to break above the $72,983 resistance level. This rejection has caused the cryptocurrency to drop from $71,942 to $66,785, signaling a potential change in character towards a bearish trend. The price of Bitcoin is currently trading above the 1-day Simple Moving Average (SMA), however,
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Mastercard has introduced a new feature called Mastercard Crypto Credential, which aims to simplify and secure blockchain transactions. This new capability allows users on Bit2Me, Lirium, and Mercado Bitcoin exchanges to send and receive cryptocurrency using easy-to-remember aliases instead of complex blockchain addresses. By facilitating peer-to-peer transactions, Mastercard is looking to promote broader adoption of
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Recently, there has been a noticeable increase in investor confidence within the crypto market, with Bitcoin being a significant beneficiary of this positive trend. Despite some ups and downs in its price action, there has been a continuous accumulation of BTC amongst large-scale investors. This surge in confidence is evident in the latest on-chain data,
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The recent market recovery has not only impacted traditional assets but has also had a significant effect on the XRP Ledger (XRPL). According to a report by Messari, there has been a substantial increase in network activity across various metrics. Active addresses have surged by 37% quarter-over-quarter (QoQ), while transactions have seen a remarkable increase
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Recently, the Japanese cryptocurrency trading platform known as DMM Bitcoin fell victim to a devastating hack, resulting in the loss of approximately $305 million worth of Bitcoin. This incident serves as a stark reminder of the vulnerabilities present in the cryptocurrency space, highlighting the need for robust security measures to protect user funds. Following the
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In the wake of the recent approval of Ethereum Spot ETFs by the US Securities and Exchange Commission (SEC), several issuers have taken a step forward by filing amended versions of their S-1 forms. This move comes following a directive from the SEC requiring all potential asset managers looking to launch an Ether Spot ETF
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Coinbase recently filed a closing brief with the US Court of Appeals for the Third Circuit, challenging the SEC’s denial of its rulemaking petition. The core of Coinbase’s argument lies in a single sentence in the SEC’s order, which simply “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms. According
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Blockchain technology has been making waves in the gaming industry, offering new possibilities and opportunities for game studios and players. In a recent strategic partnership announcement, cryptocurrency exchange OKX and blockchain technology company Immutable have come together to bring cutting-edge solutions to the world of gaming. By leveraging Immutable’s zkEVM technology, both companies aim to
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