Renowned Bitcoin maximalist Fred Krueger has made a bold prediction regarding the future dominance of Bitcoin over the US dollar (USD). In a recent statement, Krueger stated that BTC is set to outpace the US dollar by 100x in the next 12 years. Moreover, he highlighted the stark contrast between the monetary policies governing BTC […]
Cardano Founder Endorses Pro-Bitcoin Presidential Candidate RFK
United States Presidential candidate Robert Francis Kennedy Jr., also known by his initials RFK, has been endorsed by Cardano founder Charles Hoskinson. Cardano Founder Says RFK Deserves More Votes The Cardano founder acknowledged that he has been approached several times to discuss who he intends to support in the forthcoming U.S. Presidential elections. After conversing […]
Crypto Price Prediction: Sideways Market Stirs Bullish Sentiment Pre-Bitcoin Halving
Crypto Price Prediction: The first week of April has been highly volatile for the cryptocurrency market followed by the Bitcoin price breakdown below $70000. The overhead supply shifted the BTC price sideways while a majority of major altcoins witnessed notable correction. However, with less than two weeks remaining before Bitcoin Halving, the market sentiment is […]
Will Bitcoin Kill Gold for Real?
A new debate between gold and Bitcoin has arisen as market attitudes towards investment assets shift. After approving 11 spot Bitcoin-backed exchange-traded products by the SEC, the crypto market has witnessed a rise in inflows for spot Bitcoin ETFs, with new issuers in the U.S alone bringing in $1.8 billion in the past week. Conversely, […]
Ethena Braces For Bitcoin Halving With $500M BTC Hedged In Binance, OKX
Ethena, a prominent player in the cryptocurrency realm, is making waves once again as it prepares for the upcoming Bitcoin halving. With a strategic move to hedge over $500 million in Bitcoin across major exchanges like Binance and OKX, Ethena is positioning itself for resilience amid market fluctuations. Notably, this bold initiative underscores the platform’s […]
US Institutional Investors Buying Bitcoin Aggressively, On-Chain Data Shows
Amid the speculation around the US Securities and Exchanges Commission’s (SEC) spot Bitcoin ETF approval, institutional buyers appear to be heavily accumulating Bitcoin (BTC) ahead of the expected deadline of January 10, 2024. Also Read: Bitcoin ETF: How Likely Is US SEC To Give Early Approval? US Buyers Accumulating Bitcoin When looked at the difference […]
BTC Price Rally Tempts ETF Investors, Peter Schiff Says Predicting A Slump Ahead
In an intriguing turn of events, Peter Schiff, a renowned crypto critic, recently took to a post on X, stating Bitcoin’s recent price rally to be a ploy to magnetize ETF investors, deeming the rally to be short-lived while also anticipating a slump in BTC price ahead. This remark by the crypto critic, coming in […]
Chainlink Lands Vodafone as Node Operator, Key Upside for LINK Price?
Vodafone, a global telecommunications giant, has joined the Chainlink ecosystem as a node operator. As unveiled in a post on X, the collaboration between Chainlink and Vodafone underscores the increasing adoption of blockchain technology in mainstream industries. Vodafone Role as a Chainlink Validator As a node operator, Vodafone will play a crucial role in securing […]
Donald Trump Bags $3M Loss In March As Crypto Volatility Shreds Holdings
Pro-crypto Donald Trump has recently lost a lot of money with his crypto holdings. According to an article by Benzinga, Trump’s portfolio has dropped to $5.3 million, a loss of more than $3 million, as a result of the reduction in ETH and TRUMP during the previous month. Donald Trump’s Crypto Portfolio Takes a Hit […]
Just In: FTX Sells $100M Stake to Dave for $71M in Court Deal
Fintech firm Dave has decided to distance itself from the troubled crypto exchange FTX. Dave announced its plan to repurchase a $100 million convertible promissory note from FTX Ventures, the venture capital arm of FTX. This development comes as a response to the bankruptcy and legal challenges surrounding FTX. The Financial Mechanics of the Buyback […]