Musk’s “True Love” Artwork “Starbase 2050” Heads to Sotheby’s

PRESS RELEASE. New York, 10 December 2024 – The highly anticipated art piece “Starbase 2050” created by the renowned digital artist Rui Huang is set to go under the hammer at Sotheby’s New York Digital Art Day Auction at 14:00 EST. This event has already attracted significant attention from the world, with numerous whale collectors, …

Bitcoin ‘Parabolic Phase’ Has Just Begun, Says Crypto Strategist – Here’s How Long It Could Last

Bitcoin witnessed its first-ever daily close above $100,000 over the weekend, and one popular analyst believes that BTC is in the early stages of a parabolic upside burst. The pseudonymous trader known as Rekt Capital tells 519,900 followers on the social media platform X that Bitcoin tends to undergo steep rallies after entering bull territory. According …

Economist Alex Krüger Says Bitcoin (BTC) ‘Highly Likely’ in a Supercycle – Here’s Why

Economist Alex Krüger says Bitcoin (BTC) is likely in the midst of a supercycle with a local top still several months away. The trader tells his 192,500 followers on the social media platform X that Bitcoin’s fundamentals are now different than prior cycles due to expected changes in the regulatory landscape. He suggests the election …

Top Trader Says Dogecoin Rival Looks ‘Insanely Strong,’ Predicts Incoming Parabolic Break for Large-Cap Memecoin

A top trader known for making timely altcoin predictions says one Dogecoin (DOGE) challenger is primed for a parabolic surge. Pseudonymous analyst Bluntz tells his 304,300 followers on the social media platform X that the time for vertical Shiba Inu (SHIB) rallies is coming. The trader shares a chart suggesting that SHIB may be close …

Ethereum (ETH) Price Shows Strong Weekly Performance as Price Tests Key Levels

TLDR Ethereum hovering around $4,000 resistance level with strong weekly close ETH gained 62% over past year, lagging behind some other cryptocurrencies Analyst Pentoshi notes ETH had highest weekly close of the year and sees limited resistance to new ATH Crypto analyst CryptoPoseidonn projects potential rise to $6,000-$11,400 based on Fibonacci levels ETH fundamentals show …

Why You Can’t Miss Tokyo TEAMZ Summit 2025 During the Global Web3 Bull Market

Tokyo is undoubtedly one of the most beloved cities for Web3 professionals. It’s a place that satisfies all your desires—whether for work or leisure. Imagine attending a business conference in a city that also offers ample opportunities for enjoyment outside work—it’s an ideal scenario. And Tokyo is precisely that kind of city. TEAMZ Summit is …

Bitcoin’s drop triggers $1.57 billion in liquidations

In the past 24 hours, the crypto market saw $1.57 billion in liquidations, the highest recorded since September 2021. Graph showing the total amount of value liquidated from June 1, 2021, to Dec. 10, 2024 (Source: CoinGlass) Bitcoin’s drop below $97,000 led to $1.39 billion in longs being liquidated and just $183.63 million in shorts. …

Google’s Willow quantum chip brings Bitcoin security debate 10 years closer

Google has unveiled its latest innovation, the Willow quantum computing chip, stirring discussions within the crypto community about its potential impact on Bitcoin’s cryptographic security. On Dec. 9, Sundar Pichai, Google’s CEO, introduced the Willow chip as a breakthrough in quantum computing. It boasts error reduction capabilities and 105 qubits, a new computational power milestone. …

Bitcoin holds steady near $100,000 as selling pressure is absorbed

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge, powered by Access Protocol. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Important: You must lock a minimum of 20,000 ACS If you don’t …

Bitcoin shows strength for further upside as it consolidates on $100k — Bitfinex

Bitcoin’s (BTC) 14% weekly correction after surpassing the $100,000 threshold does not invalidate its potential for further upside as key price metrics cooled down, according to the latest edition of the “Bitfinex Alpha” report. The correction wiped out over $1.1 billion across centralized exchanges, with $815 million involving long positions, including $419 million directly tied …

Ripple CEO Blasts 60 Minutes Interview Edit: Some Things Were Left Out

Brad Garlinghosue, CEO of Ripple, a crypto and payment services company, blasted an interview given to 60 Minutes about XRP and the utility of cryptocurrency. Garlinghouse stated that some things were left out and that the program was wrong in presenting crypto as a solution in search of a problem. Ripple CEO Brad Garlinghouse Criticizes …

Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody

The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, …

Trump Effect: Bitcoin ETFs Attract $10 Billion Inflows Since Election Day

Since Election Day, bitcoin exchange-traded funds (ETFs) have garnered the attention of Wall Street investors who seem convinced that President-elect Donald Trump will be able to bring regulatory clarity to push the bitcoin industry to new heights. The companies offering these investment tools have registered inflows of close to $10 billion since November 5, boosting …

Stacks to Launch SBTC in Boost to Bitcoin Defi Ecosystem

Stacks continues to push the boundaries of possibilities on Bitcoin with a planned launch of SBTC. SBTC to Promote Bitcoin Defi Ecosystem Stacks, a Bitcoin layer two (L2) platform recently teased the impending launch of SBTC, a 1:1 bitcoin-backed asset designed to bridge bitcoin with decentralized finance (defi) and Web3. This was stated in an …

Latam Insights Encore: Bolivia’s Dollar-Starved Economy Calls for Stablecoin Help

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we explore how stablecoins might help re-energize the Bolivian economy, facing a dollar scarcity period due to its fixed exchange rate. Latam Insights Encore: Stablecoins Might Help Bolivia Move Its Stalled Economy …

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