The top crypto prices registered a bearish turn as the Bitcoin (BTC) price fell to the $69,000 level. In addition, the Ethereum price inched closer to dip below the $3,5000 mark. Meanwhile, other top altcoins, such as XRP and Cardano (ADA), Solana (SOL) witnessed a significant plunge. Major Crypto Prices Today The Bitcoin price was […]
Solana (SOL) Price Tanks Another 6% Slipping Under $90, Will It Reclaim $100?
Ethereum layer-1 competitor Solana (SOL) has been facing major selling pressure over the past two weeks after hitting its 2023 high of $123 on Christmas. The recent selling pressure comes after a mammoth price rally last gaining nearly 1000% in 2023. What’s Ahead for SOL? As of press time, the Solana price is down by […]
Bitcoin Halving : Will Bitcoin Halving Really Affect BTC Price?
Bitcoin halving is a special event in the cryptocurrency industry. Occurring every four years after every 210,000 blocks are mine, its aim is to reduce the supply of new coins in circulation by half. Historically, Bitcoin price has been rising following halving events. So far three halving have taken place in 2012, 2016, and 2020. […]
Spot Bitcoin ETF: This Issuer May Miss First Wave of Launch
As the crypto community continues to eagerly await the Security and Exchanges Commission’s (SEC) decision on the spot Bitcoin ETF, Hashdex may miss out on the first wave of launch. Hashdex is Yet to Submit the Latest Amendment Unlike several other applicants, it appears Hashdex has missed the deadline set by the regulator for submission […]
Toncoin Price: Will Toncoin Recover Again?
While the crypto market was shaking with Bitcoin struggling to breakout through $69,000, Toncoin was having a joyous ride during the week. The decentralized layer-1 blockchain grew by approximately 34% in its value, overtaking the market capitalization of Cardano, to claim a new position as the 9th top cryptocurrency. Operating on Ethereum, TON price hit […]
Standard Chartered Foresees Bitcoin Hitting $200K by 2025
Standard Chartered’s head of FX research, Geoff Kendrick, has made a bold prediction regarding the future of Bitcoin. In a recent note released on Monday, Kendrick anticipates that approving a Bitcoin spot exchange-traded Fund (ETF) could propel the leading cryptocurrency to unprecedented heights, potentially reaching $200,000 by the end of 2025. This projection comes as […]
Crypto Firm Voyager Secures $484M for Creditor Repayment
Voyager Digital has revealed substantial progress in its efforts to reimburse creditors post-bankruptcy. The company has realized $484.35 million from settlements with FTX, Three Arrows Capital (3AC), and Directors and Officers (D&O) insurance claims, which represents a significant achievement in the company’s financial recovery and creditor compensation. Voyager Recovery Effort The process by which Voyager […]
CleanSpark Strikes Deal for 160,000 Bitmain S21 Miners Before Commencing In-House Trading
CleanSpark Inc., a Nasdaq-listed Bitcoin miner, has secured an agreement to purchase up to 160,000 Bitmain S21 miners. The company noted in a press release on Monday that the acquisition can move CleanSpark to a 50 EH/s hashrate. The release comes days after CleanSpark revealed plans for an in-house trading desk this year to boost returns from its significant […]
Ethereum Market Depth Hits Multi-Year High, ETH Price to Surpass $4,000
In a riveting turn of events, despite the Ethereum price showcasing a relatively slower movement compared to that of Bitcoin (BTC) and numerous altcoins, an intriguing phenomenon appears to have garnered noteworthy optimism on the world’s second-largest token by global market cap. According to a recent report, the Ethereum token seems to have demonstrated notable […]
Fantom Founder Andre Cronje Reflects On Bitcoin & Ethereum’s State Bloat Problem
Fantom co-founder Andre Cronje, known as the godfather of decentralized finance (DeFi), further raised concerns over probabilistic finality in blockchains including Bitcoin and Ethereum as the market sees expanding use cases and adoption in traditional finance. He said Fantom has already solved state bloat as Ethereum developers look to solve state bloat in the chain. […]