In recent years, the debate surrounding Bitcoin’s (BTC) potential market share relative to gold has garnered significant attention, as recently approved Bitcoin Exchange-Traded Funds (ETFs) can bring Bitcoin significantly closer to gold in key metrics. Jurrien Timmer, Director of Global Macro at Fidelity Investments, has put forward an analysis that sheds light on this subject. …
Monthly archives: February 2024
Crypto Platform Which Predicted Bitcoin To Reach $50,000 Has Released A New Target
Crypto financial services platform Matrixport has made another bullish prediction for the Bitcoin price. This time, they predicted that Bitcoin would rise to $63,000, including when the flagship crypto token hits this target. Matrixport had previously predicted that BTC would rise to $50,000 by the end of January, although that didn’t happen. Bitcoin Will Rise …
Bitcoin Bulls On The Charge: Crypto Platform Forecasts $63K Surge By March
Prominent digital asset financial services platform Matrixport has recently issued a bullish projection indicating a potential surge in Bitcoin’s (BTC) value. According to their analysis, Bitcoin may surpass its previously established two-year peak and climb to $63,000 by next month. This bold prediction stems from a confluence of factors poised to exert significant influence on …
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SingularityNET (AGIX) Rallies 128% As On-Chain Activity Heats Up
AI Token SingularityNET (AGIX) has recently observed a rally of 128% as on-chain data shows activity-related metrics have heated up for the coin. SingularityNET Has Seen Sharp Growth In Volume & Whale Activity In a new post on X, the on-chain analytics firm Santiment has talked about how SingularityNET has fared in its underlying metrics, …
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Crypto Analysts Are Giga-Bullish On XRP Price, Set Multiple Price Targets
Crypto analysts are currently optimistic about the XRP price trajectory in the coming months, setting different price targets, with some of them more bullish than others. XRP, like most top cryptocurrencies, is always subject to price predictions from analysts as the entire crypto market continues to anticipate the resumption of a market-wide rally. Consequently, experts …
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Solana-Based MOBILE Altcoin Project Drops Over 10% After Going Live on Coinbase
The native token of a Solana (SOL)-based decentralized wireless provider is seeing a dip in price after going live on Coinbase, the leading crypto exchange platform in the US. According to Coinbase, Helium Mobile (HELIUM), a wireless phone service that incentivizes users to map out their network to earn rewards, is now fully supported on …
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Never-before-seen Satoshi Nakamoto emails add several details to Bitcoin’s origin lore
Private email correspondence between the pseudonymous Bitcoin creator Satoshi Nakamoto and an early contributor to the project, Martii Malmi, has shed further light on the origin story of the flagship crypto and its creator’s earliest thoughts about the future. The emails were shared as evidence by Malmi in the Crypto Open Patent Alliance (COPA) vs. …
FTX secures court approval to sell 8% Anthropic stake
Defunct crypto exchange FTX has secured court approval to sell its stake in artificial intelligence (AI) startup Anthropic Holdings, potentially adding over $1 billion to its assets earmarked for repaying creditors. Delaware Bankruptcy Court Judge John Dorsey handed down the decision on Feb. 22, marking a pivotal development in the ongoing saga of FTX’s efforts …
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CoinMarketCap launches ‘Oscars of Crypto’ to celebrate industry accomplishments
CoinMarketCap has announced the launch of the inaugural CMC Crypto Awards to recognize the accomplishments of networks, people, and technology in the crypto industry. The awards are scheduled to take place between Feb. 21 and March 6. The selection of winners will rely on CoinMarketCap data, insights from expert panels, and community votes, with the …
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Vibrant Finance leverages Neon EVM for groundbreaking DeFi exchange innovation
Decentralized exchange (DEX) Vibrant Finance has launched on Neon EVM, a Solana-based platform, marking its foray into the non-Ethereum DeFi landscape, according to a Feb. 23 press release. The DEX utilizes the Discretized-Liquidity Automated Market Maker (DL-AMM) model to overcome existing limitations within traditional DeFi exchanges. Vibrant Finance CEO Jimmy Yin expressed enthusiasm about this …
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Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin’s Early Days
In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the cryptocurrency’s infancy. Blueprints of a Digital Revolution: Nakamoto’s Conversations With Sirius The dialogue initiated in May …
Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days
Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average ten-minute interval between blocks—the event is anticipated to take place in …
Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch
It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion. Leading the pack is Blackrock’s IBIT, boasting a staggering 126,950.12 bitcoins on its balance sheet. Bitcoin …
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GAIMIN Announces the World’s First L2 Gaming Blockchain on BNB Chain
GAIMIN, the world’s leading provider of DePIN (Decentralised Physical Infrastructure Networks) today announces the world’s first L2 blockchain focused on delivering Web3 technology and services to the gaming industry. The incorporation of Web3 technologies, such as blockchain, crypto currency based economies and owner retained NFTs within the gaming industry has been slow to develop, primarily …
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STRK Surges After StarkWare Amends Airdrop Plan Following Investor Backlash
The Starknet price surged after StarkWare amended its STRK airdrop plan in response to a backlash from investors triggered by its original token unlock schedule. […] Go to Source