Kevin Svenson, a prominent crypto analyst, has recently shared his 2024 price forecast for Bitcoin, providing a nuanced view of the expected trends in the coming months. Svenson’s analysis, which breaks down the year into distinct phases, offers a glimpse into the possible highs and lows that Bitcoin might experience. His predictions paint a picture …
Monthly archives: February 2024
Dogecoin Trounced: Chainlink’s 34% Jump Kicks DOGE Out Of Top 10 List
After Chainlink’s impressive run of more than 34% over the past week, LINK has dethroned Dogecoin (DOGE) from the top 10 crypto by market cap list. Chainlink Has Pulled Away From The Crowd With A Sharp Surge Recently While most cryptocurrency sectors have observed minimal movement recently, Chainlink has emerged as an outlier, enjoying a …
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LUNC Price Rally Is Far From Over Following Falling Wedge Breakout, Analyst Says
Over the weekend, the LUNC price saw some of the most bullish price action that sent its price soaring over 20%. This rally eventually brought the price above $0.0001 after struggling around $0.00009 for the last two weeks. However, the tides seem to be completely changing for the altcoin, as one analyst expects the rally …
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Chainlink Breakout: LINK Poised For 38% Rally If It Clears This Key Resistance
Decentralized oracle network Chainlink (LINK) has been making significant strides in the altcoin market, outperforming its peers with an impressive 44.8% price increase over the past 30 days. Surging to a 24-month high, the cryptocurrency has inched closer to the $20 mark, attracting the attention of bullish investors. Notably, the uptrend for LINK may be …
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BlackRock And Fidelity Bitcoin ETFs Rocket Into Top Ten, Attracting $4.8 Billion Inflows In First Month
The spot Bitcoin ETF (exchange-traded) products launched by BlackRock and Fidelity last month ranked among the top ten largest ETFs in the US in January […] Go to Source
Top Meme Coin Surges 13% In A Week As Investors Gear Up for 11 PM Sponge V2 Bridging Deadline – Stake Now, Time Is Running Out!
Leading 2024 meme coin Sponge token is racing towards its staking deadline at 11PM UTC – so don’t miss out on your last chance to […] Go to Source
Bitcoin On-Chain Volume Surged In January, Reaching Highest Level Since September 2022
Bitcoin registered on-chain volume for the month of January that was higher than any month since September 2022 and more than triple the amount recorded […] Go to Source
El Salvador’s Bitcoin-Friendly President Nayib Bukele Heads For Re-Election
Nayib Bukele, El Salvador’s bitcoin-friendly president, is on his way to another five-year term, according to exit polls that show he has an overwhelming lead […] Go to Source
Heroes of Mavia Surpasses One Million Downloads, Dominates Global App Store Rankings Before Token Launch
February 5, 2024 – Hanoi, Vietnam Heroes of Mavia, the highly anticipated AAA mobile strategy game, has quickly stood out as a unifying force for Web 3.0 and Web 2.0 gamers alike, surpassing over one million downloads on Android and iOS. This impressive milestone underlines the game’s widespread appeal, combining engaging strategic gameplay with the …
$708,000,000 in Institutional Money Hits Bitcoin (BTC) and Crypto ETPs in One Week: CoinShares
Digital assets manager CoinShares says institutions are pouring money into crypto exchange-traded products (ETPs) to the tune of $708 million weeks after the U.S. Securities and Exchange Commission (SEC) approved spot BTC exchange-traded funds (ETFs). In its latest Digital Asset Fund Flows report, CoinShares finds that crypto investment products saw massive inflows last week as Grayscale …
Coin Center Director of Research raises alarm over identity fraud via AI
Coin Center’s Director of Research, Peter Van Valkenburgh, has issued a stark warning regarding the escalating threat posed by artificial intelligence (AI) in fabricating identities. Valkenburgh sounded the alarm after an investigative report revealed details surrounding an underground website called OnlyFake, which claims to employ “neural networks” to create convincingly realistic fake IDs for a …
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ENS enters partnership with domain giant GoDaddy to link DNS with .eth names
GoDaddy Inc., a leading domain registration and web hosting company, has partnered with Ethereum Name Service (ENS) to facilitate connecting traditional domain names with blockchain-based .eth names. The collaboration was announced in a press release on Feb. 5. It aims to allow the seamless connection of the Domain Name System (DNS) with blockchain technology, enabling …
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Memecoin Insiders Turn $3,694 Into $1,770,000 After Rally of Solana-Based Dogecoin Rival: Lookonchain
Insiders of a Solana (SOL)-based memecoin reportedly made seven-figure profits off a mere $3,694 investment, according to on-chain data. First reported by blockchain tracking firm Lookonchain, 12 newly created wallets sold off dogwifhat (WIF) on the Ethereum network through the decentralized exchange Uniswap (UNI), making astronomical profits on their principal. “12 fresh wallets (insiders) made …
ARK Invest’s Cathie Wood Says ‘Substitution’ of Gold for Bitcoin (BTC) Now Underway
ARK Invest CEO Cathie Wood says Bitcoin (BTC) is effectively substituting gold as a store of value asset. In a new YouTube update, Wood says that she believes the crypto king is acting more as a risk-off asset and a “flight to quality” during times of economic uncertainty. “Last year, during the regional bank crisis …
Tether (USDT) Hits $96,000,000,000 in Market Cap Following Record-Breaking Net Profit in Q4 2023
Stablecoin issuer Tether’s USDT is closing in on a $100 billion market cap after the firm saw record-breaking profits last quarter. According to Tether’s last earnings report, the company made $2.85 billion in profits during the fourth quarter of 2023, the highest the firm has ever seen, which was largely driven by interest payments from …