The Bitcoin price prediction shows that BTC indicates sideways movement as the coin fails to head toward the upper boundary of the channel. Bitcoin Prediction […] Go to Source
Monthly archives: April 2023
US Government Sells 9,800 BTC, But Still Holds More Bitcoin In Wallets Than MicroStrategy!
The US government sold $215 million worth of Bitcoin from the Silk Road loot that was seized in November last year by the Feds. According […] Go to Source
Top Analyst Forecasts Ethereum (ETH) Short Squeeze, Says Crypto May Play Catch Up To Stock Market
A closely followed crypto analyst believes Ethereum (ETH) could be gearing for a rally en route to liquidating traders who are bearish on the leading smart contract platform. In a new blog post, Justin Bennett says that the S&P 500’s (SPX) rally on Friday could hint at the short-term performance of the crypto markets. According …
Elon Musk Asks Judges to Dismiss $258,000,000,000 Dogecoin (DOGE) Lawsuit: Report
Billionaire Elon Musk is reportedly asking a judge to dismiss the multi-billion-dollar lawsuit filed against him for allegedly illegally promoting Dogecoin (DOGE). According to a new report by Reuters, attorneys representing the Tesla chief executive are asking a judge to throw out the $258 billion lawsuit filed by a group of investors that accuses him …
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3 reasons why Ethereum price can reach $3K in Q2
Ethereum’s native token, Ether (ETH), eyes a run-up toward $3,000 in Q2 2023 after wrapping the previous quarter with 55% gains. ETH price nears potential breakout The price of Ether has more that doubled after bottoming out in June 2022 at around $880, weathering a slew of negative events, including the FTX exchange collapse, interest …
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Arbitrum’s first governance proposal sparks controversy with $1B at stake
A proposal to fund the Arbitrum Foundation with 750 million ARB tokens — nearly $1 billion — raised controversy in the ARB community over the weekend, as the Foundation announced that it was only ratifying a decision that had already been made. The conflict comes after a few days the layer-2 protocol airdropped its governance …
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Tron Founder Justin Sun Denies Selling Stake In Huobi – Calls Himself An “Adviser
Justin Sun, the founder of the blockchain DAO ecosystem Tron, turned down claims made by Bloomberg report that he held talks about selling a stake […] Go to Source
Lessons For Move-to-Earn Projects in 2023
Ad Move-to-Earn, a protocol that tracks users’ movement via geo-tracking and rewards them for physical activity, gained widespread recognition last May, surpassing GameFi in search interest. However, the genre is essentially just two projects on Solana: Walken and STEPN. The two games have a similar premise but approach tokenomics, gameplay, and design differently. GameFi had …
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Comparing Bitcoin’s spot and derivatives markets in Q1 2023
Bitcoin exchange balances remain stagnant in 2023 while futures open interest hits a 12-month low. Quick Take As Q1 has ended with a remarkable Bitcoin performance of over 70%, it is worth analyzing the spot vs. derivatives trend over Q1. The network is much healthier at the end of the quarter than when we started …
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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the …
Former Treasury Official Issues Dire Warning, Bill Ackman Fears Economic ‘Train Wreck,’ US Gov. Remains Top BTC Holder, and More — Week in Review
Warnings continue to pervade market and financial news this week, with Monica Crowley, former assistant secretary for public affairs for the U.S. Department of the Treasury, indicating “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. In related news, billionaire Bill Ackman warned that the U.S. economy is “heading for …
Sales of Trump NFT Spike Up Following Historic Indictment
March was expected to be the least successful month for sales of Trump NFT trading cards, but a late-month surge associated with the arrest of […] Go to Source
Biggest Crypto Gainers Today, April 2 – INJ, ZIL, LHINU, DLANCE, METRO, ECOTERRA, TARO
Markets continue to reel under the effects of the global financial crisis, which was initiated by the collapse of three crypto-friendly banks early last month. […] Go to Source
CZ, the CEO of Binance, disputes claims of market manipulation
In a lawsuit filed against Binance on March 27, the Commodities Futures and Trading Commission presented allegations that Changpeng “CZ” Zhao has rejected. According to […] Go to Source
$779,000,000,000 Asset Manager Touts Bitcoin and Crypto, Says ‘Future of Banking Has No Banks’
A financial giant with nearly $800 billion in assets under management is placing Bitcoin (BTC) and crypto in the spotlight amid the crisis in the US banking sector. An AllianceBernstein report circulated by former Coinbase CTO Balaji Srinivasan says bank account holders of all sizes are now dealing with a novel risk after the high-profile …