A closely followed crypto analyst says that one catalyst could cause the crypto market to take off on a parabolic rally. Jamie Coutts, the chief crypto analyst at Real Vision, says that artificial intelligence (AI) offers massive growth potential for crypto. “What happens when AI agents start using crypto? The exponential growth curve goes parabolic.” …
Monthly archives: July 2024
Bitcoin Primed for ‘Big Blow-Off Top Moves,’ Says Analyst Jason Pizzino – Here’s the Timeline
A popular crypto analyst thinks Bitcoin (BTC) is setting itself up for “big blow-off top moves.” In a new YouTube video, Jason Pizzino tells his 331,000 subscribers that he thinks higher volume and higher closes on the daily chart indicate that $53,500 was Bitcoin’s low. The analyst believes the top crypto asset could “go parabolic” …
Altcoin Built on Base Layer-2 Blockchain Could Explode by 340% if This Happens, According to Crypto Trader
Cryptocurrency analyst and trader Ali Martinez is highlighting a memecoin that is flashing a bullish signal. Martinez tells his 67,300 followers on the social media platform X that Brett (BRETT), a memecoin built on the Ethereum (ETH) scaling solution Base, appears to be forming a bull flag on the daily chart. According to Martinez, Brett …
Polygon Announces MATIC to POL Token Migration for September 4
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0 roadmap to enhance its layer 2 ecosystem. POL will become the native gas and staking token for Polygon PoS. MATIC holders on Polygon PoS will be automatically upgraded to POL. Users on other platforms may …
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Ethereum Co-Founder Vitalik Buterin Cautions Against Single-Issue ‘Pro-Crypto’ Voting
TLDR Vitalik Buterin warns against choosing political allegiances solely based on a candidate’s ‘pro-crypto’ stance. He emphasizes the importance of broader technological freedoms and underlying values that inspired the crypto movement. Buterin argues that focus on ‘pro-crypto’ stances risks undermining the broader cypherpunk values. He cautions against supporting politicians who are ‘pro-crypto’ but fail to …
Ethereum Developer Jailed for North Korea Visit has Sentence Reduced by 7 Months
TLDR Former Ethereum developer Virgil Griffith’s prison sentence has been reduced by 7 months. Griffith was originally sentenced to 63 months for violating US sanctions on North Korea. A federal judge agreed to reduce his sentence to 56 months, effective August 2. Griffith pleaded guilty in 2021 to charges related to a 2019 cryptocurrency conference …
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21Shares Announces 0.21% Fee for Ethereum ETF, Offers Temporary Waiver
TLDR 21Shares has set a management fee of 0.21% for its Ethereum ETF (CETH). The company plans to waive fees for up to 6 months or until the fund reaches $500 million in assets. Other issuers like VanEck and Franklin Templeton have also announced competitive fees. The SEC has requested final S-1 forms from ETF …
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Indian exchange WazirX hit by $235 million hack, North Korea link suspected
Blockchain security firm Cyvers Alert reported that the Indian exchange WazirX was exploited for around $235 million. Cyvers stated: “Our system has detected multiple suspicious transactions involving [WazirX’s] Safe Multisig wallet on the ETH network. A total of $234.9M of your funds have been moved to a new address. Each transaction’s caller is funded by …
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Web3 KYC vendor Fractal ID loses over 50k users’ passport info in data breach
Fractal ID, a digital identity verification service provider, disclosed a data breach affecting approximately 0.5% of its user base—according to the company’s website and X profile, this could be over 50,000 users. The compromised API includes sensitive user information such as names, email addresses, wallet addresses, phone numbers, physical addresses, and images of uploaded KYC …
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Undeads Game Beta Playtest Starts August 10
PRESS RELEASE. The Undeads team is thrilled to announce the first public beta for their flagship game, Undeads, a gripping battle royale experience available on Steam. Players will compete to be the last one standing, choosing to survive as either a Zombie or a Human. As a token of appreciation for their ongoing commitment and …
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German Government Officially Acknowledges Involvement in 50,000 Bitcoin Sell-off
The German government has officially acknowledged its involvement in selling 49,858 bitcoin linked to the movie2k case. In a press release, German authorities reported that the sales were completed due to what is stipulated in Section 111p of the Code of Criminal Procedure, classifying this move as an “emergency sale.” Bankhaus Scheich Wertpapierspezialist AG, the …
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Nigerian Prison Doctor Faces Arrest Over Jailed Binance Exec’s Health Report
On July 16, a Nigerian court issued an arrest warrant for a prison doctor who failed to provide jailed Binance executive Tigran Gambaryan’s medical report as demanded. The court also ordered prison officials to take Gambaryan to a local hospital for 24 hours of medical care. Prison Doctor Fails to Appear in Court A Nigerian …
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Bitcoin Could Skyrocket by up to 365% This Cycle, According to Crypto Trader – But There’s a Catch
Bitcoin (BTC) could hit a six-figure price over the coming months, according to a cryptocurrency analyst and trader. The analyst pseudonymously known as Credible Crypto tells his 55,800 YouTube subscribers that the Bitcoin cycle top could come in at between 55% and 365% from the current level. As price action develops, I will talk about …
Ethereum (ETH) to Rally Over $5k With Upcoming ETF Launches & Other Key Factors
TLDR Matt Hougan, CIO of Bitwise, predicts Ethereum will reach $5,000 after ETF launches. Hougan cites Ethereum’s low inflation rate, staking dynamics, and locked supply as key factors. He expects $15 billion in new assets for Ethereum ETFs in the first 18 months. Initial weeks may be volatile due to outflows from Grayscale Ethereum Trust. …
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PepeCoin Outperforms Pepe In 24 Hours, Upgraded Version Pepe Unchained Nears $4M In Presale
While Pepe-themed coins vie for dominance, their ultimate version, Pepe Unchained ($PEPU), remains in its bacta tank, soaking up investment dollars to bring it tantalizingly […] Go to Source