Cryptocurrency analyst and trader Jason Pizzino is offering his opinion on the likely trajectory of altcoins over the coming months. Pizzino tells his 332,000 YouTube subscribers that he is expecting an “altcoin bounce” in this year’s fourth quarter during or after the November 5th US presidential election. Pizzino says the percentage of Tether (USDT) stablecoin’s …
Monthly archives: August 2024
Telegram financial statement shows it holds $400 million in crypto
The messaging app had about four million premium users at the end of 2023.
Why is the SEC going after digital art and monkey pictures?
The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.
Trader Says Memecoin That’s Up Over 15,000% Year-to-Date Still Looks Pretty Strong, Updates Outlook on Bitcoin
Largely followed crypto analyst Altcoin Sherpa believes that one red-hot memecoin has more room to run to the upside despite astronomical gains so far this year. The pseudonymous trader tells his 221,900 followers on the social media platform X that Solana (SOL)-based meme token Popcat (POPCAT) could remain in an uptrend after bouncing off a …
Investor Anthony Pompliano Says Bitcoin To Start To ‘Pick Up’ After Sideways Summer – Here’s His Timeline
Long-time crypto bull Anthony Pompliano is offering his forecast on Bitcoin (BTC) as the flagship crypto asset trades in a range. In a CNBC interview, Pompliano says Bitcoin has been trading sideways over the past couple of months due to reduced activity over the summer. “Well, I think it’s just sideways summer, you know. People …
Pavel Durov Is Under Formal Investigation – The Start of a New Era for Internet Regulation
HodlX Guest Post Submit Your Post The digital era is marked by limitless online communication, but at the same time, it raises concerns about our freedom and digital rights. After Pavel Durov – the founder of the messaging app Telegram – was arrested in France, the issue is escalating and coming to a pivotal moment. …
Bitcoin’s hash rate stabilizes at historic highs post-halving, signaling strong miner confidence
Onchain Highlights DEFINITION: The average estimated number of hashes per second produced by the miners in the network. Bitcoin’s mean hash rate has demonstrated consistent growth over the past year, with significant increases observed in 2024. Historically, the hash rate has often paralleled Bitcoin’s price movements, reflecting miners’ confidence and the broader market sentiment. The …
OpenAI mulls dropping profit restrictions ahead of $100 billion valuation push
OpenAI is considering significant changes to its business model as it gears up for a new investment round that could push its valuation beyond $100 billion, the Financial Times reported on Aug. 30, citing insiders familiar with the matter. Sources told the newspaper that the AI research company is exploring the possibility of modifying its …
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Argentine President Javier Milei to Star in His Own Docuseries on X
Argentine President Javier Milei recently announced that a series documenting his rise to power will premiere on X. The six-part limited series, titled “Milei – The Series,” will showcase the process Milei underwent to reach the Argentine presidency. It will feature never-before-seen insider content recorded by director Santiago Oria, who is also responsible for the …
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Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S.
Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Extend, businesses can opt in for a direction that can be linked to an account, allowing them to instantly receive LN payments …
Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted to the regulatory incubation program to test their technology. The SEC has cautioned the Nigerian public to …
Polygon (MATIC) On-Chain Metrics Hint at Possible Price Reversal, Says Crypto Analytics Firm Santiment
Certain on-chain metrics suggest that blockchain scaling solution Polygon (MATIC) could be on the verge of a price reversal, according to the crypto analytics firm Santiment. Santiment notes MATIC recently witnessed a spike in active addresses and dormant coin movement. “Polygon has been among the many networks declining since crypto’s retrace began back in March. …
How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …
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Bitcoin Continues To Exit Exchanges As Supply Drops To New 2024 Low
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing …
Continue reading “Analysts Say Now Is the Time to Re-Accumulate Bitcoin—Here’s Why”