Uncategorised

Four Reasons Why Ethereum’s Risk-Reward Ratio Looks Attractive: Bernstein Analyst

In a research note released recently by Gautam Chhugani, a Senior Analyst at AB Bernstein, Ethereum’s recent underperformance is presented as an opportunity rather than a setback. Chhugani’s comprehensive analysis explores Ethereum’s supply mechanisms, institutional adoption, and staking dynamics, presenting a case for a favorable risk-reward outlook. 1. Ethereum’s Deflationary Supply and Staking Yields Chhugani […]

Bitcoin Momentum Pauses After Historic Rally, But Investors Eye $100K Milestone

The crypto market took a breather on Tuesday, with Bitcoin easing by about 1% to $87,440.88, following its explosive rally last week after Donald Trump secured the U.S. presidency. Investors are anticipating another surge, with many setting their sights on Bitcoin crossing the $100,000 mark by year-end. Yesterday, Bitcoin hit a peak of $89,623, according […]

IMF Warns of Persistent Global Inflation Despite Growth Prospects for 2024

The International Monetary Fund (IMF) published its latest World Economic Outlook on 22 October 2024. This report paints a nuanced picture of global economic recovery, highlighting the complexities of inflation control, fiscal pressures, and structural challenges that vary across regions. Despite some progress in reining in inflation, the IMF notes that the battle is not […]

Spot ETH ETFs: A False Hope? Crypto VC Andrew Kang’s Stark Warning

In a recent article on the social media platform X (formerly Twitter), crypto VC Andrew Kang shared his insights on the potential impact of spot Ethereum (ETH) ETFs, which are expected to launch in the U.S. soon. Andrew Kang is a prominent figure in the cryptocurrency industry, recognized for his role as the co-founder and […]

When Halving Is Not a Good Thing: A Third of Deutsche Bank Survey Respondents Brace for Bitcoin to Halve to $20K by Year End

According to Bloomberg, citing a research report by Deutsche Bank, Bitcoin’s recent price correction has sparked a wave of concern among retail investors, many of whom anticipate a further decrease in its value by the end of the year. According to the survey findings, over one-third of the respondents foresee Bitcoin’s value plummeting below $20,000 […]

Exploring the New Frontier: 21Shares President on the Debut of Spot Bitcoin ETFs in the U.S.

In a CNBC interview on January 18, Ophelia Snyder, President & Co-Founder of 21Shares, shared her thoughts on the recently approved US-listed spot Bitcoin ETFs. Investor Interest and Due Diligence Snyder observed that investor inquiries about the new ETFs were somewhat unexpected, focusing significantly on the infrastructure of these products. She noted that there’s a […]

Fidelity’s 2024 Crypto Outlook: Bull Runs, Halvings, and Regulatory Shifts

Fidelity Investments’ analysis for the upcoming year focuses on five critical themes that could shape the future of crypto investments. These themes range from macroeconomic factors like Federal Reserve policies to specific crypto events such as the Bitcoin halving, offering a comprehensive view of what might lie ahead in the cryptosphere. According to Fidelity, one […]

Bitcoin Loses Market Dominance as Altcoins Including $ADA, $XRP, and $SOL Surge

Bitcoin’s market dominance, or the proportion of the total cryptocurrency market capitalization that the flagship cryptocurrency has, plummeted earlier this week after various cryptocurrencies including $XRP, $SOL, and $ADA started surging. The sudden decline came in the wake of a U.S. court decision that said $XRP is “not necessarily a security,” in a ruling related […]

Elly Awesome’s Hands-on Review of Apple Vision Pro: One Step Closer to a ‘Ready Player One’ Experience

Elly Awesome, an Australian Tech and Lifestyle reviewer with over a decade of experience in the field, recently shared her first impressions of the Apple Vision Pro mixed-reality headset, which promises to revolutionize how we interact with digital content. The Vision Pro, according to Apple, is a “spatial computer” that combines elements of virtual and […]

$BTC: 10 Key Insights from MicroStrategy’s Q1 2023 Earnings Call

The Bitcoin revolution is in full swing, as evidenced by MicroStrategy’s Q1 2023 earnings call, where Executive Chairman Michael Saylor declared Bitcoin the clear winner over all other competing assets. Here are the ten most interesting takeaways from MicroStrategy’s Q1 2023 earnings call, which took place on 1 May 2023, based on comments made by […]

Shiba Inu ($SHIB) Fans Rejoice: Shibarium’s PUPPYNET Shows Impressive Growth in Wallet Addresses

Shibarium, the layer 2 blockchain designed to address the shortcomings of the SHIB token’s host chain Ethereum, namely low speed and high transaction cost, is witnessing an initial surge in adoption as users explore and test its capabilities on the testnet. Shiba Inu is a decentralized cryptocurrency project inspired by the popular internet meme of […]

Former Coinbase CTO Wagers $2M on Bitcoin’s Surge to $1M in 90 Days Amid Banking Worries

Balaji S. Srinivasan, angel investor and a former Coinbase CTO, has announced on Twitter his intention to bet $2 million on Bitcoin reaching $1 million within the next 90 days. Srinivasan outlined his belief that central banks, banks, and regulators have been dishonest with dollar holders and depositors. He claimed the industry is grappling with […]

Coinbase: Ethereum’s Shepella Upgrade May Need ‘Weeks to Months’ for Unstaking Requests

On Wednesday (March 15), Coinbase explained what its users need to know about Ethereum’s upcoming Shapella Upgrade, which allows for withdrawals of staked Ether ($ETH) and is expected to be deployed to the Ethereum mainnet on April 12 (at 10:27 a.m. UTC, with epoch number 620,9536). There have been concerns that the ability to withdraw […]

Coin Bureau Founder: Cardano ($ADA) Has ‘A Bright Future’

Last week, Guy Turner, founder and host of the highly popular crypto market commentary show Coin Bureau, explained why he is bullish on Cardano ($ADA). According to a report by The Daily Hodl, during an interview on the CryptoBusy podcast, Turner had this to say about Cardano: “I’d go for ADA at the moment. Yeah, […]

Bloomberg Strategist: “We’re in the Final Stages of This Bear Market for Cryptos”

In a recent interview, Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence (Bloomberg’s research arm on the Bloomberg Terminal”), shared his thoughts on the crypto market. McGlone’s comments were made during an interview (released two days ago) with Daniela Cambone, Editor-at-Large and Anchor at Stansberry Research, “a subscription-based publisher of financial information and software.” According to a report by The Daily Hodl, he said: […]

$ETH: Crypto Analyst Explains Why He Expects Bear Market To Take Ethereum Price to $600

On 13 November 2022, crypto analyst Benjamin Cowen shared his technical analysis of the Ethereum ($ETH) price action, and explained why he believes that this bear market could take the $ETH price to as low as $600. According to a report by the Daily Hodl, Cowen said: “We’ve talked about this throughout this year and […]

MicroStrategy Co-Founder Michel Saylor on How Collapse of FTX Will Impact Crypto Space

On Friday (11 November 2022), Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (nasdaq: MSTR), was affected what the ripple effects of the collapse of FTX would be. It is worth remembering that on 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase […]

WeSleep Unveils its ‘Sleepie’ NFTs

Vilnius, Lithuania, 4th November, 2022, Chainwire Web3 app WeSleep has launched with the promise of daily rewards for users who pursue a healthy and active lifestyle. Dubbed a sleep-to-earn app, WeSleep utilizes clever tokenomics to incentivize positive behaviors. WeSleep is a sleep-to-earn Web3 app that incentivizes users to pursue a healthy and active lifestyle on a […]

Cardano ($ADA) Still #1 Constituent of Grayscale Smart Contract Platform Ex-Ethereum Fund

The latest issue of TapTools’ Weekly newsletter talked about Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE), which gives U.S. investors exposure to multiple major cryptocurrencies in the form of a security that they can own in a tax-sheltered account. Grayscale Investments, which is one of the world’s largest digital asset managers, launched this fund on 22 […]

$ADA: Yevhen Karpenko Explains ‘Why Cardano Is the Best Cryptocurrency in the World’

On Thursday (October 13), Yevhen Karpenko, Community Manager for DeFi Investing Platform DEFIYIELD, explained why he believes that Cardano ($ADA) is “the best cryptocurrency in the world.” In early February 2022, Kraken Intelligence, the research arm of crypto exchange Kraken, released a 42-page highly impressive research report titled “Cardano: A new generation in smart contract platform […]

Cardano ($ADA) Going to $15 in Long Term, Says Founder of Crypto Capital Venture

On Monday (October 3), Dan Gambardello, Founder of Crypto Capital Venture, as well as the host of the very popular YouTube channel “Crypto Capital Venture”, gave his long-term price target for Cardano ($ADA). On 13 May 2022, when $ADA was trading around $0.5562, Gambardello talked about $ADA’s performance during the current bear market: “I am 100% aware $ADA underperforms […]

Billionaire ‘Shark’ Mark Cuban Explains Why He Is ‘Still Really Bullish on Crypto’

In a recent interview, billionaire investor and entrepreneur Mark Cuban shared his thoughts about the crypto industry. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network). Cuban’s comments were made during an interview with […]

VC Firm a16z: ‘Ethereum Is a Far Superior Blockchain Now Than It Was Before’

On September 15, the day that Ethereum completed its Merge upgrade, marking its transition from proof-of-work (PoW) to proof-of-stake (PoS) consensus, Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”), explained why “Ethereum is a far superior blockchain now than it was before.” Around 7:00 a.m. UTC on September 15, Ethereum’s Merge upgrade was completed: […]

Shiba Inu Added to Crypto.com’s DeFi Wallet, Allowing HODLers to Earn Yield on Their $SHIB

The meme-inspired cryptocurrency Shiba Inu ($SHB) has been added to Crypto.com’s decentralized finance (DeFi) wallet, in a move that will effectively allow $SHIB token holders to earn interest on their holdings. According to a tweet Crypto.com shared, SHIB was added along with six other cryptocurrencies to the company’s DeFi wallet, including Aave ($AAVE), DAI ($DAI), […]

4 Reasons to Trade on TurboXBT

Important information: This is a sponsored story. Please remember that the value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. If you are unsure of the suitability of your investment please seek advice. Tax rules can change and the value of […]

Transient Launches TSC-Core Mainnet to Bring the Power of Smart Contracts to Everyone

Tortola, British Virgin Islands, 16th November, 2021, Transient Network, a Smart Contract Global Marketplace, has launched its much-anticipated TSC-Core mainnet on Ethereum, Binance Smart Chain, and HECO Chain networks. The TSC-Core DApp provides the ability for anyone, anywhere, anytime to create and manage Next-Gen Contracts with no coding skills or tools required.  With features like […]

Smart Contracts on XRP Ledger a Step Closer to Reality As Flare’s Canary Network Exits Observation Stage

Flare Networks’ Canary Network, Songbird, has moved one step forward after successfully exiting an initial 10-day observation mode, moving smart contracts on the XRP Ledger and other blockchains one step closer to reality. According to a press release shared with CryptoGlobe, Songbird was launched on September 16 and will follow three phases as it proceeds […]

Crypto Analyst Predicts Sharp Bitcoin Rally Ahead, Says Current Prices Are an ‘Opportunity’

A popular cryptocurrency analyst going by ‘Kaleo’ on social media has revealed he believes the price of bitcoin will see a sharp recovery after it stops ranging between $35,000 and $30,000, based on the cryptocurrency’s price performance last year. In a Twitter thread, first spotted by Daily Hodl, the pseudonymous analyst told his over 330,000 […]

Tesla CEO Elon Musk Explains Why ‘Bitcoin Is Actually Highly Centralized’

On Sunday (May 16), Tesla and Space X CEO Elon Musk attacked Bitcoin (BTC) for being highly centralized after podcaster Peter McCormack criticized Musk for supporting Dogecoin (DOGE) and for spreading misinformation about Bitcoin. As you probably already know, on May 12, Tesla and SpaceX CEO Elon Musk shocked the world by complaining about Bitcoin mining’s […]

Michael Saylor: Why Bitcoin Is NOT ‘A Textbook Example of Irrational Exuberance’

In a recent interview, Michael J. Saylor, Co-Founder, Chairman, and CEO of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) addressed one of the most common criticisms of Bitcoin. On 11 August 2020, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use as a “primary treasury reserve […]

Bitcoin Trading Around $56K, but Chainalysis Warns of Further Selling Pressure

According to data by TradingView, on crypto exchange Bitstamp, around 09:34 UTC on Tuesday (March 16), the Bitcoin price reached an intraday high of $56,449. Per data by CryptoCompare, currently (as of 09:39 UTC on March 16), Bitcoin is trading around $56,228, up 0.68% in the past 24-hour period; for the year-to-date (YTD) period, Bitcoin’s […]

Bitcoin Price Is ‘About to Breakout’ to a New High, Says Analyst Who Called Bear Market Bottom

As the price of bitcoin moves up to retest its all-time high above $58,000, a popular pseudonymous analyst known on Twitter as Smart Contracter has predicted that the cryptocurrency will soon move past its previous high. Smart Contracter’s Bitcoin price prediction is based on the cryptocurrency’s dominance chart, which has recently shown a technical pattern […]

Crypto Market Regains $1.7 Trillion Market Cap as BTC, ETH, DOT, PROB Stand Out

The total market capitalization of all cryptocurrencies has once again surpassed the $1.7 trillion mark amid price recoveries from the top cryptoassets by market capitalization, and as specific tokens regain lost territory. TradingView data shows that the cryptocurrency space’s market capitalization is again close to an all-time high near $1.8 trillion, partly thanks to bitcoin’s […]

Bitcoin Surpasses Berkshire Hathaway’s Market Cap at $540 Billion

The market capitalization of the flagship cryptocurrency bitcoin has risen to surpass that of Berkshire Hathaway (NYSE: BRK.A, NYSE: BRK.B), a business giant led by legendary investor Warren Buffet, who has in the past said BTC is “probably rat poison squared.” According to AssetDash, BTC’s market cap is now $540.9 billion, while Berkshire Hathway’s market […]

Pornhub’s Premium Services Default to Crypto Payments Amid Credit Card Ban

One of the largest websites in the world, Pornhub, has started defaulting users to cryptocurrency payments for the company’s premium services, after both Mastercard and Visa severed ties with the company. Pornhub is well-known as the number one adult entertainment website, and according to data from SimilarWeb is the tenth-largest website in the world and […]

Ethereum Hits Largest Single-Day Network Growth in 35 Months

The amount of new Ethereum addresses created in a single day has reached a 35-month high over the last weekend, with 177,500 new addresses being created at the time. The data comes from on-chain analytics firm Santiment which pointed out on social media that such high growth in the number of new addresses in a […]

17% of Crypto Investors See Bitcoin’s Price Above $50,000 by 2030, Survey Finds

Cryptocurrency cloud mining firm Genesis Mining has published the results of a survey it conducted with 1,000 cryptocurrency investors in the United States with over 24 questions. It showed 17% of investors believe the price of bitcoin will be above $50,000 by 2030. According to the published findings, about 5.5%% of investors expect the price […]

JPMorgan Chase CEO: If Bitcoin Goes Much Higher, ‘It Will Be Regulated’

On Wednesday (November 18), JPMorgan Chase Chairman and CEO Jamie Dimon made some interesting comments about blockchain technology and Bitcoin at The New York Times’ DealBook conference. Dimon’s comments were delivered during an interview with CNBC’s Andrew Ross Sorkin at this year’s online summit (November 17-18, 2020). But before we examine some of Dimon’s most […]

Acting Comptroller of the Currency Brian Brooks Educates U.S. Senate on Crypto

On Tuesday (November 10), Brian P. Brooks, Acting Comptroller (since May) at the Office of the Comptroller of the Currency (OCC), testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, and as part of his prepared statement, spoke about cryptoassets. Brooks was appearing as a witness at a committee hearing titled “Oversight […]

OKB Compressed Into Decision Area – Price Analysis

Like the general crypto market, OKEx’s exchange token OKB has been drifting sideways inevitably, toward must be the looming end of a large consolidation. OKB is still visibly in an uptrend, but that trend is faint and could quickly collapse without a further leg up to refresh momentum. We start on the daily, and see […]

Ripple Awarded Patent (‘Verifying Sequence of Instructions of Software’)

Californian FinTech firm Ripple Labs has been awarded a patent in the U.S. for an invention by Stefan Thomas (currently, CEO of Coil) and Evan Schwartz (co-inventor of the Interledger Protocol; currently a board member at Coil). The application (No. 15/873,737) for this patent (No. 10,789,068), which has the title “System and method for verifying […]

Former Goldman Sachs VP: There Is ‘No Government Printing More Bitcoin’

On Thursday (October 1), Jason Urban, the CEO of DrawBridge Lending and a former trader at Goldman Sachs, explained during an interview how both gold and Bitcoin can protect investors against increases in volatility. According to his bio, Urban holds a BS/BA Finance and Marketing from Georgetown University and an MBA from University of Chicago […]

OKB Breaks Important Level, Holding Potential Uptrend

In our last foray into the market for OKEx’s exchange token OKB, we noted the importance of the area around $5.80. A few days ago, this level was taken on force, and it is now serving as support on the pullback. These are the signs of a steady uptrend that could soon see OKB breaking […]

Hong Kong Newspaper Published Full-Page Bitcoin Ad as Banks Broaden Scrutiny

Apple Daily, a pro-democracy Hong Kong newspaper, has published a full-page ad on its front page promoting Bitcoin to its readers after the arrest of billionaire owner Jimmy Lai. According to images shared on Reddit, the ad featured a representation of the flagship cryptocurrency with the text “Bitcoin will never ditch you” right below it, […]

Peter Schiff Bashes Bitcoin and Grayscale’s ‘Drop Gold’ Ad Campaign

Gold bug and crypto critic Peter Schiff has bashed cryptocurrency asset manager Grayscale Investments for its “drop gold” ad campaign, as the firm plans to run another campaign advertising bitcoin. On Twitter, Schiff claimed that since Grayscale Investments ran its original ad campaign telling investors to “drop gold” and instead invest in bitcoin – which […]

Smaller Bitcoin Holders Are Increasing Controlling More of BTC’s Supply, Data Shows

Data shows that the amount of bitcoin smaller entities hold has more than doubled over the past five years, while BTC whales have seen their holdings decline significantly over the same period. According to on-chain analytics firm Glassnode, the percentage of bitcoin’s supply held by entities with 10 BTC or less has grown from 5.1% […]

Ethereum Classic (ETC) Suffers Another 51% Attack After 800,000 ETC Double Spend

The Ethereum Classic (ETC) blockchain has suffered a second 51% in the last week, with the attackers double-spending well over 800,000 ETC in the first one. The most recent 51% attack was spotted by Ethermine’s parent firm Bitfly, which quickly warned the cryptocurrency community of the incident and advised miners that until further notice Ethereum […]

Human Rights Foundation, Square Crypto Announce New Bitcoin Development Grants

The Human Rights Foundation’s Bitcoin Development Fund has announced three new grants this week, at about the same time Square Crypto, a well-known grant distributor, announced a new grant of its own. As first reported by CoinDesk, Square Crypto has announced a grant to Lloyd Fournier, a bitcoin developer who plans to work on payment […]

Bitcoin Resting Around $11K Level, CNBC’s Brian Kelly Says $50K by Q2 2021

Recently, hedge fund manager and CNBC contributor Brian Kelly explained why he is so bullish on Bitcoin and in particular why he expects the price to reach $50,000 “sometime in Q2 2021.” According to his bio on the CNBC website, Kelly is the founder and CEO of BKCM LLC, an asset management firm focused on “global […]

Bitcoin Usage Among Crypto Payment Processors Is Growing: Report

Data shows that both BitPay and Coinbase Commerce, two major cryptocurrency payment processors, have seen bitcoin usage in commerce grow last year.

Bitcoin Cash Breaks Important Resistance Level As Market Surges Price Analysis

Bitcoin Cash has broken a key resistance near $260, and is now ready to take $300 and possibly continue. The long term charts are bullish, even if the short term ones look overheated.

Litecoin Ready for Gains as Alts Turn Green – Price Analysis

Litecoin has been making solid gains in the past days, as it implies a reversal from recent lows. Following in the footsteps of other major alts like Ethereum, we could easily see continued gains for Litecoin in the next few days.

Bitcoin is Considered as Property by English Business Court

Bitcoin has been deemed to be legal property by a British court as an asset preservation order (APO) was issued to protect bitcoins stolen from a crypto fund.

Adaptive Capital CIO: BTC Is Going to $100K

Murad Mahmudov, a former Goldman Sachs analyst and the current Chief Investment Officer (CIO) at crypto hedge fund Adaptive Capital, explained on Monday (August 12) why believes that the price of Bitcoin (BTC) is going to $100,000.

Fundstrat: Bakkts Launch Expected by Late Q3, Could Be Huge Accelerator for Market Growth

Independent research boutique Fundstrat released on Friday (July 19) a report on Bakkt Institutional Digital Asset Summit (July 18); one of the many interesting takeaways was that the full launch of the Bakkt platform is expected is to take place later this quarter.

Crypto Africa Roundup: What’s Going on in the Crypto Continent

 In our Crypto Africa Roundup, YouHash take a look at some recent developments on the fast-growing crypto continent.

Monero (XMR) Long Term Price Analysis December 4

Monero (XMR) was in a bearish trend during the month of November. On the first day, its price opened at $105.3 but ended up falling down to $58.6 by the end of the month. In other words, XMR lost over 44.6% of its value last month. It has now fallen to a low of little over $53. 

UBS Chief Global Economist Paul Donovan Explains Why He Wants to Bury Bitcoin

On Thursday (29 November 2018), Paul Donovan, the Chief Global Economist at UBS Wealth Management, gave an interview in which he explained why he had written a blog post titled “I come to bury bitcoin, not to praise it.”

Former U.S. Federal Reserve Chair Janet Yellen: I Am Not a Fan of Bitcoin

On Monday (29 October 2018), Janet Yellen, the former Chair of the U.S. Federal Reserve, speaking at the 2018 Canada Fintech Forum, told the audience that she was not a fan of Bitcoin, and then proceeded to explain why.

Robinhood Cryptos Zero-Commission Trading Now Available in Arkansas and Tennessee

On Friday (5 October 2018), Robinhood announced that “Robinhood Crypto”, its zero-commission crypto trading service, had now become available in two more U.S. states: Arkansas and Tennessee.

Most Read