In the aftermath of the Bitcoin2024 conference, Bitwise CIO Matt Hougan has made a compelling argument for crypto investors to reassess their views on Bitcoin’s potential for growth. While the market has historically been fixated on the downside risks associated with the flagship cryptocurrency, recent developments at the conference have signaled a significant shift that
The nine spot Ethereum ETFs in the US experienced a significant net outflow of $77.21 million on Wednesday, marking a reversal from the previous day’s positive trend. This outflow coincided with Ether’s price falling below $3,200, indicating a lack of investor confidence in the cryptocurrency. The Grayscale Ethereum Trust (ETHE) reported a staggering $133.33 million
In a groundbreaking move, Manchester United has become the first football club to introduce player trading cards and a Fantasy United game for the 2024/25 season, all powered by the Tezos Blockchain. This innovative approach aims to revolutionize the way fans engage with the sport, providing them with a unique opportunity to interact with their
In a recent turn of events, two market experts have revised their predictions for Ethereum, with one going as far as to claim that the second-largest cryptocurrency token could skyrocket to an astonishing $100,000. These ultra-bullish forecasts align with some earlier predictions made by financial institutions, setting a positive tone for the future of Ethereum.
The rise of meme coins was a captivating narrative in the early months of 2024. However, recent trends have shown a significant cooling off in their market activity after the frenzy of the “spring.” Only a select few meme coins have managed to see gains over the past 30 days, with lesser-known tokens like doginme,
The Wanderers Open Beta has recently launched on the Epic Games Store, offering players the opportunity to delve into a unique gaming experience. This game combines ever-changing, generated worlds with deck-building mechanics, providing a fun and strategic gameplay environment. Players are thrust into virtual worlds filled with enemies to battle and challenges to overcome using
One hedge fund manager, James Lavish, has made a bold prediction regarding the price potential of Bitcoin, claiming that it could rise to a staggering $428,000 at some point. He believes that this ambitious price target could be reached if Bitcoin becomes 1% of the $900 trillion investment assets worldwide. This prediction is based on
After the collapse of FTX in 2022, the Bahamas came under global scrutiny for its lacking crypto regulations. The failure of the $32 billion exchange led to questions about the effectiveness of the country’s regulatory framework and deterred other crypto companies from expanding to the region. The Bahamas Securities Commission recently announced the passing of
The Elliot Wave theory has gained significant popularity among Bitcoin analysts due to its effectiveness in predicting the future direction of the cryptocurrency’s price. One pseudonymous crypto analyst, XForceGlobal, recently utilized the 5-wave Elliot Wave theory to provide insights into what might occur next for the Bitcoin price. By breaking down the waves and subwaves,
XRP, the digital asset associated with Ripple, experienced a significant price surge on Wednesday, reaching $0.66. This marked an 8% increase over the past 24 hours, with the price jumping from $0.60. The surge in price comes amidst important developments within the XRP ecosystem and renewed optimism among investors. A key factor driving this upward
