CEO of Bitwise Hunter Horsely has caused a storm in the cryptocurrency community with his latest statement. Horsely pointed out the future Bitcoin halving event, which he compared to the previous one of 2020. By the time, Bitcoin was sold at about $9,000. With Bitcoin now in the region of $70,000, the reduction in the […]
Litecoin Price: Litecoin Surged A Year High With $109; What’s Happening?
Litecoin price has been making continuous bullish movements throughout the month and has surged to a year-high of $109 a few hours ago. It happened when the trading volume of the token surged 175% in a day with $1,893,488,860 in value. The market cap is also high, with 10% pushing the value to $7,723,446,188. In […]
Solana Price Prediction as Triangle Breakout Puts $SOL on Path to $240 Target
Solana Price Prediction: Amid the Bitcoin consolidation around $70000, the crypto market witnessed heightened volatility shifting the price trajectory of major altcoins sideways. The Solana coin not immune from this uncertainty showcases a lateral movement reasoning within two converging trendlines. The 4-hour chart reveals this movement as pennant pattern formation- a common structure that buyers […]
Goldman Sachs Revises Outlook on Fed Rate Cuts; Predicts Starting in June
Goldman Sachs has made changes to its Fed rate cuts trajectory, bouncing back to predicting three rate cuts by the end of this year. TheStreet states that the change predicts the first rate reduction to happen this June, being in line with larger market consensus. Goldman Sachs Rate Cut Prediction Initially, the first interest rate […]
Bitcoin Price Prediction: Key Levels To Watch in the Month of Halving
Bitcoin Price Prediction: Bitcoin, the largest cryptocurrency market cap traded sideways this week, resonating between the horizontal level of $71600 and $68400. This consolidation with a short body candle reflects no clear initiation from buyers or sellers towards this asset. However, an analysis of the 4-hour time frame chart revealed this price fluctuation as the […]
Wall Street Projects 48% Decline In Coinbase Q1 EPS Despite Bull Run
As Coinbase Global Inc.’s (COIN) latest quarterly earnings report inches closer, Wall Street analysts have offered their projections for the cryptocurrency exchange platform. Despite the ongoing bull run in the crypto market, expectations for the Coinbase Q1 2024 report indicate a stark 48% decline in GAAP earnings per share (EPS) compared to the previous quarter. […]
Japan Bank Launches First Deposit-Backed Stablecoin ‘Tochika’
Japanese regional bank Hokkoku has made waves by becoming the first in Japan to introduce a stablecoin backed by bank deposits. The development has left Japanese crypto enthusiasts wondering about the potential pros and cons. In addition, the utility of the stablecoin is being questioned about. Japan Bank Launches Tochika Stablecoin The initiative is taken […]
Solana Labs Co-Founder Unveils BunkerCoin Whitepaper Innovation
Anatoly Yakovenko, Co-Founder of Solana Labs, has introduced a novel blockchain protocol, BunkerCoin. The protocol promises to revolutionize data transmission in low-bandwidth environments. Its white paper, titled “BunkerCoin: A Low Bandwidth, Shortwave Radio-Compatible Blockchain Protocol,” was released today. It offers a detailed technical framework for the new blockchain technology. BunkerCoin is meant to work effectively […]
Vitalik Buterin Says Ethereum Layer 3s Don’t Magically Improve Performance
Recently, a lot of discussion around the Layer 3 solutions has been gathering steam with some of the top industry players joining the debate. Last Sunday, Polygon Labs CEO Marc Boiron stated that Layer 3 solutions aren’t essential for scalability and fail to add much value to the Ethereum ecosystem. Now, Ethereum co-founder Vitalik Buterin […]
What’s Next For 3 Top Ethereum Rivals As Crypto Market Turns Bloody In April
The cryptocurrency market enters April with a notable downturn, witnessing a decline across various assets. Amidst this shifting tide, Solana (SOL), Cardano (ADA), and Toncoin (TON) stand out as three top Ethereum rivals, facing the challenging dynamics head-on. After a period of bullish momentum, these contenders now navigate through increasing bearish pressures, hinting at a […]