VanEck reissues $180K Bitcoin price target for current market cycle

American rapper Lil Pump has started accepting bitcoin (BTC) payments through his merchandise store Unhappy, according to his website.Fans of the 18-year-old, known for his catchphrase “Esskeetit” and his most recent album Harverd Dropout, can select crypto as a payment option at the checkout. The rapper has 17.8 million followers on Instagram, 1.2 million followers on…

Ethereum core developers have opted to prioritize the enabling of staking withdrawals via the Shanghai upgrade first before implementing The Surge-related Ethereum Improvement Proposal (EIP)-4884. As reported by Cointelegraph, the next key milestone on Ethereum’s roadmap is the Shanghai upgrade, which will enable withdrawals for ETH stakers/validators from the Beacon Chain — among other things.EIP-4884 is…

Mining new Bitcoin keeps getting harder, but the current difficulty is still far from its record highs. 303 Total views 3 Total shares As the Bitcoin (BTC) network hashrate continues recovering amid global miners accumulating more capacity, the cryptocurrency is getting increasingly difficult to mine.On Sept. 21, the Bitcoin network posted another mining difficulty adjustment,…

Akropolis says calling it a merger “is a bit of a misnomer.” 2617 Total views 16 Total shares Yearn.finance announced on Monday yet another merger, this time with Akropolis, a multiproduct decentralized finance protocol featuring yield optimization and undercollateralized loans.Like the Cream Finance merger announced last week, the two ecosystems will remain largely independent in terms…

Japan may be on its way to creating a state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition.  Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling, and buying for eleven cryptocurrencies. They announced on Feb. 25 that they were planning to…

Bitcoin’s weekend rally to $65,000 has evaporated despite confirmation that the US Federal Reserve will cut rates in 2024.

The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility. 2522 Total views 6 Total shares Haruhiko Kuroda, governor of the Bank of Japan has joined the roll call of central bankers taking aim at Bitcoin (BTC) amid the current volatility.According to a report by Bloomberg on Friday, Kuroda argued…

Terra’s death spiral resulted in the mispricing of LUNA tokens on the popular cryptocurrency exchange. Traders aren't happy with the compensation. 814 Total views 13 Total shares Cryptocurrency exchange Crypto.com has halted the trading of Terra (LUNA) tokens after it determined that user transactions were quoted at an “incorrect price,” prompting severe backlash from the…

Executive Vice President-Designate of the European Commission, Margrethe Vestager, has questioned the motives behind Facebook’s forthcoming Libra stablecoin.In an interview with the Financial Services Union of Denmark, a fragment of which was published on Oct. 1, Vestager addressed the possible impact from Libra’s launch — such as competition due to Facebook’s multimillion user base and…