JPMorgan, one of the leading banks in the United State, has reiterated its prediction that the value of Bitcoin could still breach the $100k mark to end the year at $146,000 but warned that the volatile nature of the asset could still send it tumbling back to $35,000. Bitcoin to $146,000 Analysts of the bank, …
Continue reading “JPMorgan now says Bitcoin could reach $146,000. But there’s a catch.”
Top DeFi protocol Aave is currently passing a governance vote for the implementation of V3. According to a recent post, the V3 protocol update is necessary to keep up with the continued growth of the DeFi ecosystem. “After these two years of substantial growth, this Aave Request for Comment (ARC) to Aave Governance seeks community …
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While bitcoin has been consolidating for a few days now, a number of other digital assets have seen solid seven-day gains. The two metaverse tokens sandbox and decentraland have skyrocketed over 170% during the last week. Crypto assets like loopring, crypto.com coin, and arweave have spiked in value more than 66% and up to 169% …
sponsored CoinMarketCap, the leading authority on real-time cryptocurrency prices and data, has just updated and verified its TON Crystal (TON) listing. Now TON, the native token of the FreeTON blockchain, ranks among the top 5% of cryptocurrencies by market cap. This has been a year of remarkable development for the FreeTON project. The project started …
The Federal Bureau of Investigation (FBI), America’s domestic intelligence and security service, has published a public service announcement concerning fraudulent schemes associated with cryptocurrency ATMs and QR codes. The FBI’s warning, published on November 4, highlights the presence of “scammers” directing their energy at unknowing victims. US Federal Agency Warns of Increase in Crypto ‘Scammers’ …
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Consumer intelligence provider Civic Science is revealing new research highlighting some of the US investors who’ve made it big with cryptocurrencies. On November 1st, Civic Science posted research containing a series of surveys targeting crypto investors. Data was collected between April 27th and November 1st of this year. According to the research, 4% of those …
Bitcoin Cash (BCH) suddenly surged and then crashed after fake news spread about a partnership with grocery store giant Kroger. The fraudulent rumor appeared on Kroger’s investor relations page and claimed that the supermarket chain would begin accepting cryptos during the holiday season, sparking BCH to rally 4.8% from its 24-hour low of $591.06 to …
A cellphone hacker is facing charges for his alleged involvement in a scheme that stole crypto assets worth just under $785,000 from a crypto company. The U.S. Justice Department says that Joseph James O’Connor and his co-conspirators used a SIM-swapping scheme to target at least three executives at an unnamed Manhattan-based cryptocurrency company. These cyberattacks …
A crypto-focused YouTube channel with over 1 million followers is predicting an Ethereum (ETH) explosion possibly as soon as this weekend. In a new video, Altcoin Daily co-host Austin lays out two fundamental factors that he says will drive up the price of the leading smart contract platform even further. First, Austin notes that major …
Market surveillance firm Solidus Labs completed a $15 million strategic round led by Liberty City Ventures on Friday. GSR and Exor Seeds also participated in the financing. This follows the company’s $20 million Series A that concluded in May. Solidus’ investors also include former CFTC Chair Christopher Giancarlo and former SEC commissioner Troy Paredes. The …
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Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights. Both the initial tokenization and …
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In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and state bank regulators should prioritize the development of policies, staff …
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The team behind interoperable blockchain network Cosmos (ATOM) recently hosted the Cosmoverse Conference live from Lisbon, Portugal. Cosmonauts,#Cosmoverse it’s LIVE! This event is 100% from the community to the community, and we are proud to have our Cosmos Hub Community Pool as the main sponsor! Tune now to the livestream and prepare yourself to dive …
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A popular crypto strategist sees significant rallies ahead for Solana (SOL), Chiliz (CHZ) and a low-cap gaming project as the metaverse heats up. The pseudonymous trader SmartContracter tells his 178,600 Twitter followers that he firmly believes SOL will reach $900 this cycle, which would represent a 275% increase from its current value of $233. The …
Large cryptocurrency transactions tracker Crypto Whale is revealing that an unknown digital wallet just transferred over a billion dollars in Ethereum (ETH). A whale moved 229,766 ETH on November 3rd, when the second-largest token by market cap was trading above $4,604. The transfer was made for a fee of just 0.010 ETH, or $46. …
Continue reading “Whale Moves Over $1,057,000,000 in Ethereum – Here’s Where the Crypto Is Headed”
