VanEck, StoneX analysts peg Ether price upside at $12K to $22K
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.
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Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO
Bitcoin programmability may also help further drive Bitcoin adoption as both a technical and financial layer in our society, which in turn may “drive up the price” over the long term. 578 Total views 8 Total shares While the Bitcoin network isn’t programmable, it serves as an excellent settlement layer to build robust applications on…
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Tether Stablecoin Now Available on EOS Blockchain
Blockchain tech company Tether has announced that it is partnering with EOS parent company Block.one to release its stablecoin (USDT) on the EOS blockchain (EOSIO), according to a press release shared with Cointelegraph on May 31.According to the announcement, Tether developed the Tether EOS smart contract, which has been sent to the EOS account “tethertether”…
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Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
A spokesperson recently said "$10 billion would be a low valuation" for Kraken. 1735 Total views 8 Total shares San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase's footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition…
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Email server breach sees Celsians targeted by phishing attacks
Celsius customers have been targeted with fraudulent SMS and email communications after a third-party email distribution server was compromised by hackers. 853 Total views 15 Total shares Crypto asset lending platform, Celsius Network, has revealed an email server breach that resulted in malicious phishing links being sent to customers.An April 15 announcement notes that some…
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Bitcoin price rejects at $24K as ‘classic short setup’ spoils bulls’ fun
Bitcoin (BTC) saw fresh volatility after July's final Wall Street open as highs north of $24,000 remained solid resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewResistance strikes BTC at $24,000Data from Cointelegraph Markets Pro and TradingView reflected bulls' continuing struggle as BTC/USD lurched around the $24,000 mark on July 29.The pair had attempted to match the week's…
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Bitcoin exchange inflow has fallen sharply in August — CryptoQuant
Exchange inflows gauge potential selling pressure, with high inflows suggesting high sell pressure and low inflows suggesting low pressure.
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BTC gains 15% in 3 hours amid tight squeeze
Bitcoin has quickly surged to test resistance at $40,000 for the first time this month. 600 Total views 4 Total shares The price of Bitcoin has surged more than 10% over just a few hours earlier today, with prices quickly surging from roughly $35,000 to tag just shy of $40,000 on July 26.Price action shows…
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Bitcoin social sentiment decline may signal market bottom
BTC price has failed to hit a new all-time high in over three months, especially after the Bitcoin halving in April.