Venture capitalist Chris Burniske believes Solana (SOL) can soar to a four-figure price this market cycle. The former head of crypto at ARK Invest tells his 296,900 followers on the social media platform X that a bull market price target of $1,000 for Solana could be “conservative.” Burniske’s massive price target for Solana comes as …
Monthly archives: July 2024
Bitwise CIO Matt Hougan Says ‘We’re Not Bullish Enough’ on Crypto Amid Massive Industry Sentiment Shift
The chief investment officer of crypto asset management firm Bitwise says a sea-change in crypto has taken place, increasing the likelihood of upside moves. In a new blog post, Bitwise CIO Matt Hougan says the digital industry is “not bullish enough” as blue-chip and government interest in digital assets ramps up. According to Hougan, the …
SSP Wallet Leads the Way With Schnorr Multisignature Accounts on Ethereum
July 31, 2024 – Cambridge, England InFlux – a leading global decentralized technology company specializing in cloud infrastructure, AI (artificial intelligence) and decentralized cloud computing services – has announced the launch of true multisig Ethereum accounts on its Web 3.0 wallet platform, SSP. This cutting-edge innovation, the first of its kind, unveils an advanced level …
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Former SEC Chair Jay Clayton Says Success of Crypto Driving Step Change in Regulatory Policies
Jay Clayton, the former Chair of the U.S. Securities and Exchange Commission (SEC), says successful crypto adoption is forcing regulators to draw up policies in support of the technology. In a new interview on CNBC television, Clayton argues that regulators are having to come to terms with the fact that digital assets like stablecoins are …
Ethernity Launches the First Entertainment-Focused Layer Two Chain on Optimism’s Superchain
July 31, 2024 – Los Angeles, United States Ethernity – a pioneer in blockchain entertainment technology – announces the launch of its testnet for Ethernity Chain, a layer two solution purpose-built for Fortune 500 entertainment brands. This launch positions Ethernity Chain as the entertainment layer within Optimism’s Superchain ecosystem, joining industry leaders such as Coinbase’s …
Anti-Crypto Gary Peters in the Mix As Democratic Nominee Kamala Harris’s Running Mate: Report
Unions reportedly want Michigan Senator Gary Peters, a vocal crypto critic, to serve as the vice presidential nominee on the Democratic Party ticket. VP Kamala Harris, the presumptive Democratic nominee for president, has been mulling a range of options for her running mate, including Pennsylvania Governor Josh Shapiro and Arizona Senator Mark Kelly, the rumored …
From value investing to bitcoin: Bill Miller IV’s insights
Exploring Value Investment and Bitcoin with Bill Miller IV In a recent episode of SlateCast, CryptoSlate Senior Analyst James Van Straten sat down with Bill Miller IV, the Chief Investment Officer & Portfolio Manager of Miller Value Partners. The discussion touched upon a variety of topics, from the principles of value investing to the burgeoning …
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Bahamas unveils DARE 2024 law to restore crypto hub status post-FTX
The Bahamas Securities Commission has announced the passage of new crypto legislation nearly two years after FTX’s collapse. The Digital Assets and Registered Exchanges Act, 2024 (DARE 2024) aims to provide regulatory clarity for the country’s digital assets industry and re-solidify its position as a pro-crypto hub. Christina Rolle, the executive director of the Securities …
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Top 3 AI Crypto Projects Transforming Real-World Businesses Worldwide In 2024
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Recently, the cryptocurrency market has seen a proliferation of innovative projects that find increasingly attractive ways to employ AI in their core business models. Investors have taken stock of these genuine progressive technologies and helped them …
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Riot buys more Bitfarms shares, now holds nearly 16% stake
Goldman Sachs CEO says Bitcoin can potentially serve as store of value akin to gold Crypto 21 hours ago Soloman’s comments come amid increasing debate around Bitcoin’s potential to serve as a reserve asset and store of value for individuals, companies, and even nations. Go to Source
Ripple’s XRP soars to four-month high amid speculations of possible SEC settlement
Ripple’s XRP token has surged to a four-month high of $0.65 and is on pace for its best monthly performance this year. According to CryptoSlate’s data, XRP’s value has jumped about 33% over the past month, making it the top-performing large-cap crypto for July, surpassing Solana and other high-flying digital assets. Retail and whale interest …
Magnificent 7 market cap drops $2.6 trillion in 20 days, while Bitcoin rises
Quick Take According to the Kobeissi Letter, the “Magnificent Seven” tech stocks—comprising Apple, Microsoft, NVIDIA, Google, Amazon, Tesla, and Meta—have experienced significant market cap losses over the past 20 days. Collectively, these tech giants have shed $2.6 trillion, or the equivalent of two Bitcoin market caps. Since July 10, NVIDIA has plummeted by 23%, losing …
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Kidnappings and home invasions highlight need for enhanced physical security in crypto
While there is plenty of information online about securing your digital assets, less is written about the physical threat to crypto and Bitcoin holders. Over the past few years, there has been a worrying uptick in physical attacks on crypto holders. In February, the arrest of five Russian men in Phuket highlights this concerning trend …
‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed sneakers. “Just spoke at the Bitcoin Conference in Nashville, Tennessee on Saturday. It was GREAT! Get your Bitcoin Sneakers now. These are Limited Edition, they are each numbered, and you can now pay with …
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Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From ‘Extreme Fear’ to ‘Greed’ in 18 Days Approximately 18 days …
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