Van Eck reissues $180K Bitcoin price target for current market cycle
Van Eck says BTC can reach a price of $180,000 this cycle but warned that elevated funding rates could be showing early signs of “overheating.”
Related Posts
r/Wallstreetbets re-bans crypto discussions following Bloomberg article
Apparently r/Wallstreetbets doesn’t “bow to cryptocurrencies.” 4484 Total views 20 Total shares r/Wallstreetbets, or WSB, a subreddit famous for organizing a pump for Dogecoin (DOGE) and the GameStop short squeeze, is enacting a crypto discussion ban after officially allowing the topic for a single day.Subreddit moderator u/bawse1 announced Thursday that WSB has now banned crypto discussions…
MIT Professor: Blockchain Is Good on Its Own but Not Good for Voting
Computer scientist Ronald Rivest has said that blockchain is not the right technology for voting, although it can find proper application in a number of other areas.Rivest delivered his opinion at the RSA Security Conference, held in San Francisco earlier this week, technology-focused news outlet ITWire reported on Feb. 28. Rivest — who is a…
IoT growth, partnerships, ease of mining drive Helium (HNT) price higher
Helium is a decentralized blockchain-powered network designed to allow low-powered wireless devices to communicate with each other and send data across its network of nodes.Since July 2020, Helium’s native token, HNT, has increased 550% in value from $0.35 to a 2021 high of $2.25 on Jan. 25 as fundamentals for the network continue to improve. Three…
Research Team Demonstrates Hard Wallets Vulnerabilities, Trezor Promises Firmware Update
Researchers have reportedly shown how they were able to hack the Trezor One, Ledger Nano S and Ledger Blue at the 35C3 Refreshing Memories conference. The demonstration of the hacks was published in a video on Dec. 27.The research team behind the dubbed “Wallet.fail” hacking project is made up of hardware designer and security researcher…
US SEC Rejects Bitwise Bitcoin ETF Proposal
The United States Securities and Exchange Commission (SEC) has rejected a proposal to list a Bitcoin (BTC) exchange-traded fund (ETF).In an announcement on Oct. 9, the Commission stated that the ETF filing from Bitwise Asset Management and NYSE Arca did not meet the necessary requirements. Specifically, regulators stated that the applicants did not meet the necessary requirements regarding…
Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, AVAX, EGLD
Bitcoin’s (BTC) dominance has dropped from about 48% on Oct. 20 to 42.3% on Nov. 7 while the total crypto market capitalization has continued its northward journey. This indicates that the price action has shifted from Bitcoin to altcoins.CryptoQuant CEO Ki Young Ju said that Bitcoin whales are selling but this has not resulted in…
Vanguard names Bitcoin-friendly former BlackRock exec as new CEO
Salim Ramji spoke highly of Bitcoin and blockchain technology when overseeing BlackRock’s spot Bitcoin ETF filing.
Digital rupee gets big usability boost through Yes Bank integration with UPI
Yes Bank’s app UPI integration is the first for the Indian retail CBDC, which has seen a variety of projects since its pilot launch since December. 41 Total views 1 Total shares The Reserve Bank of India (RBI) central bank digital currency (CBDC), the digital rupee, will have enhanced usability, Yes Bank announced Aug. 30.