Bitcoin analyst sees 'biggest bull cycle' with $45K now BTC price floor

Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.

“We’re nearing the end of a chapter and the beginning of the next — one driven by community ownership and governance,” noted Optimism. 572 Total views 34 Total shares The native token prices from multiple projects that employ Ethereum Layer 2 scaling solution Optimism have spiked around 20% amid rumors that the network will soon…

The weighted average cost of purchased Bitcoin recently reached a level signifying that all investors who have consistently dollar-cost averaged into Bitcoin (BTC) are now in the black, regardless of how long they have been holding.Just a reminder that every single pleb who has been dollar cost averaging #bitcoin is now in profit no matter…

Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full spectrum of digital assets — including decentralized finance (DeFi), nonfungible tokens (NFTs)…

Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation. 222 Total views 9 Total shares Own this piece of history Collect this article as an NFTOn a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to…

Bitcoin is often described as gold 2.0; a superior system of storing and transferring value. It has seen a rapid increase in market capitalization since its introduction in 2009, with strong custodial, exchange, and futures infrastructure.Yet, one cryptocurrency analyst known as cryptocomicon recently laid out a series of compelling reasons why one should not invest…

BitGo’s USDS stablecoin will challenge major issuers like Circle and Tether, aiming to distribute up to 98% of earnings to network supporters.

The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since January 2021. Bitcoin (BTC) fell by 28% within a week and Ether (ETH) faced an agonizing 34.5% correction.Total crypto market cap, USD billion. Source: TradingViewPresently, the total crypto capitalization is…

“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States," said Brad Garlinghouse. 66 Total views 2 Total shares Brad Garlinghouse, the chief executive officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed…