XRP price chases $2 after bull flag breakout leads to new 2024 highs
XRP moves closer to $2 as new partnerships and a fresh round of trading volumes help send the altcoin to a new 2024 price high.
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CNBC host boldly reveals he sold his BTC amid depths of bear market
Jim Cramer, the host of CNBC’s Mad Money, announced he has liquidated nearly all of his Bitcoin (BTC) holdings. Speaking on June 21 during an interview with CNBC’s Squawk Box on the Street, Cramer asserted that BTC is ”not going up because of structural reasons,” highlighting China’s renewed regulatory clampdown.Cramer stated that China’s central government…
The mayor of Reno appears to be a LINK Marine
It would seem that Mayor Hillary Schieve of Reno, Nevada is a supporter of Chainlink's blockchain oracle project. 856 Total views 13 Total shares As more jurisdictions explore the potential utility of blockchain technology and cryptocurrency, one American mayor suggested that she backs Chainlink — the most widely used oracle network for powering connected smart contracts. When Miami…
Obscure Problems Crypto Users Can Face, Explained
1. Can withdrawing funds ever be an issue? There is always a risk of this — and even big exchanges aren’t immune. As a case in point, take a look at Bitfinex. At the time of writing, according to CoinMarketCap, it was the 25th-largest crypto exchange by trade volume. But, despite its popularity, disgruntled users have…
Here’s how Eth2, DeFi and Bitcoin price will impact Ethereum’s CME futures
Bitcoin’s (BTC) abysmal December 2017 futures launch quickly fell short of investors expectations and even though the CME BTC market has surpassed $2.5 billion in open interest, the initial launch has reinforced the narrative that this week’s CME ETH futures launch will be equally bearish in the short term. Prior to the CME BTC futures launch,…
Bitcoin Price May Hit $27K All-Time High by Summer, Predicts Tom Lee
Bitcoin (BTC) is primed for average gains of almost 200% over the next six months, one of its best-known supporters has told mainstream media. Speaking to Yahoo! Finance on Feb. 4, Tom Lee, co-founder at Fundstrat Global Advisors, said one bullish technical factor, in particular, made him “really optimistic” about Bitcoin’s short-term potential.Lee: 200MA triggers 197%…
Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall
Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency.The average year-to-date gains in 2023 across the stocks of top nine public Bitcoin mining firms by market capitalization stood at 257.14%. The figure is almost three times higher than BTC’s gain in the same period.The…
Polygon will create a decentralized autonomous organization
"As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the platform. Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members as well as projects in decentralized finance. In a Thursday announcement, Polygon…
Is Crypto Ready for the New Space Age?
Quantum supremacy is officially here, whether we’re ready for it or not. This fall, a research paper from Google was prematurely leaked, claiming just that — quantum supremacy — including the results of a test where its 54-qubit processor performed in 200 seconds a computation that it says would have previously taken 10,000 years, kicking…