Chainlink co-founder says Bitcoin ETFs will fuel mass institutional adoption

Chainlink co-founder Sergey Nazarov believes a spot Bitcoin ETF will create a path for institutions to buy Bitcoin en masse, eventually leading to more blockchain products and services. Nazarov shared his insights during a recent interview with CNBC, discussing the transformative potential of blockchain technology in the traditional finance (TradFi) sector. Nazarov’s perspective comes at …

zkSync Era sees 4-hour outage due to server bug

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Bitcoin options point to $40,000 as likely ‘fair value’ for Bitcoin

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Crypto investment products see $103 million in inflows ahead of Bitcoin ETF

Crypto-related investment products received $103 million in inflows last week, bringing the year-to-date flow to almost $2 billion. Data from CoinShares’ head of research, James Butterfill, showed that Bitcoin-related products saw $87.6 million of the total inflows recorded last week. This brings its monthly flow to $95.5 million and its year-to-date flow to $1.758 billion. …

Ethereum Competitor That’s Exploded 1,000%+ This Year Eyeing New All-Time High, According to Venture Capitalist

Venture capitalist Chris Burniske says that one red-hot Ethereum (ETH) rival that has surged over 1,000% this year is primed to hit new all-time highs (ATHs). In a new thread, the co-founder of New York-based venture capitalist firm Placeholder Capital tells his 270,500 followers on the social media platform X that smart contract platform Solana …

‘Absolutely Feasible’ for Solana To Explode by Over 220% Going Forward, Says InvestAnswers

A widely followed crypto analyst says that another rise of over 3x is in the cards for one red-hot altcoin that has already skyrocketed about 1,000% since the start of the year. In a new video update, the anonymous host of InvestAnswers tells his 461,000 YouTube subscribers that the smart contract platform Solana (SOL) could …

Dogecoin Flashing On-Chain Signal That’s Laying the Groundwork for Potential Upward Price Action, Says Analyst

A closely followed crypto analyst says that one on-chain metric is signaling that meme asset Dogecoin (DOGE) may soon witness a burst to the upside. Crypto analyst Ali Martinez tells his 37,300 followers on the social media platform X that the memecoin is experiencing a steady rise in the number of new addresses, contributing to …

Miners see increased revenue stream from inscriptions

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Japan ends unrealized gains tax on corporate crypto assets

The Japanese government has reportedly ended the imposition of unrealized gains tax on crypto assets held by corporations, local media outlet CoinPost reported. In a Dec. 22 cabinet meeting, the authorities reportedly approved the discontinuation of taxing corporations for unrealized gains derived from cryptocurrencies issued by third parties. This policy change is slated to come …

Top Analyst Unveils Ethereum Catalyst That Could Trigger Nearly 50% Surge for ETH – Here’s His Outlook

An analyst who nailed the end of the 2021 Bitcoin bull market believes that Ethereum (ETH) will rally behind a catalyst that’s been overshadowed by the potential approval of a spot market BTC exchange-traded fund (ETF). Pseudonymous analyst Pentoshi tells his 727,600 followers on the social media platform X that the possible approval of spot …

Top Analyst Flips Bullish on Ethereum Layer-2 Altcoin, Says Clear Skies Ahead for One DeFi Crypto

A crypto strategist who nailed the top of the Bitcoin (BTC) bull market in 2021 believes that one Ethereum (ETH) scaling solution that’s trading under the radar will see a burst to the upside. Pseudonymous crypto strategist Pentoshi tells his 727,200 followers on the social media platform X that he’s bullish on Arbitrum (ARB). According …

Bitcoin Price Dips On The Christmas Day But Dips Still Attractive

Bitcoin price failed to extend gains above the $44,300 resistance. BTC is now moving lower and might find bids near the $42,400 support zone. Bitcoin started a downside correction from the $44,300 resistance zone. The price is trading below $43,500 and the 100 hourly Simple moving average. There is a key declining channel forming with …

Ethereum (ETH) Lags In Market Cap Growth Despite Positive Year – Details

According to a report from crypto analytics firm IntoTheBlock, Ethereum has recorded an 85% increase in its market cap over the last year, moving from around $149.18 billion to its current value of $275.98 billion. However, in comparison with other major assets, ETH performance still leaves more to desire, especially considering the many positive developments …

Polkadot Pops: Price Hits Fresh 2023 Peak, Breaking Through Doubts

Interest in altcoins, such as Polkadot, has significantly increased as the year draws to a close. After posting an impressive 47% gain in December, Polkadot (DOT) has become a standout performer in the cryptocurrency market. Polkadot Surges 20% In the latest development, the value of DOT has rapidly increased, rising by an impressive 20% in just the …

Google AI Predicts When XRP Price Will Cross $5 And What Will Drive It

The price movement of XRP has had its ups and downs this year, reflecting the volatile nature of cryptocurrencies. The crypto has increased by 74% this year, following the general bullish sentiment among cryptocurrencies. XRP went on a noticeable price spike in the middle of the year, although the price increase is currently calm and …

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