American author and financial educator Robert Kiyosaki recently expressed his support for a $2.3 million per Bitcoin prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki stated that he trusts Wood’s opinion and believes that BTC has the potential to reach such a high value under the right circumstances. In February, Ark Invest
Crypto
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) in the world. This recent development has raised concerns within the crypto community, as regulatory scrutiny continues to grow in the DeFi space. Uniswap Labs is now facing a Wells Notice
Binance, one of the leading cryptocurrency exchanges in the world, is constantly evolving to meet the demands of the market and improve user experience. Recently, they made significant updates to their loan program, adding 18 new cryptocurrencies to Binance Loans. Among the newly added assets are popular meme coins like dogwifhat (WIF) and Pepe (PEPE),
As Ethereum’s price continues to fluctuate, it has recently undergone a period of sideways consolidation. This phase came after a decline towards the critical support level of $3K. Interestingly, the cryptocurrency seems to be range-bound between $3K and $3.7K. It appears that volatility may not increase unless Ethereum manages to break out in either direction.
Shiba Inu (SHIB) has recently experienced a price drop, with the current trading price at around $0.00002734. This represents a 3% decline on a daily scale and a 20% drop on a monthly basis. Despite this negative trend, analysts are predicting a potential bullish rally. One key indicator is the critical resistance levels being tested
The boss of Marathon, America’s largest crypto mining firm, recently discussed the impact of spot Bitcoin ETF approvals on the market. Fred Thiel mentioned in an interview with Bloomberg that the ETF approval accelerated what would have been the post-halving rally. This approval attracted capital into the market and brought forward the price appreciation that
The introduction of Bitcoin spot ETFs in the U.S. has been met with significant interest, with $12.3 billion of net inflows recorded in just three months. This influx of investment has raised questions about the impact of these ETFs on the broader Bitcoin market. Glassnode analyst, James Check, recently provided insights by analyzing the effects
In a shocking turn of events, an anonymous cryptocurrency investor known as “Sell When Over” on X recently reported a staggering loss of $800,000 due to the presence of two suspicious Google Chrome browser extensions. The investor initially voiced their concerns on X, disclosing that they had noticed a loss of $500,000 across multiple wallet
In the first quarter of 2024, Ethereum and its Layer 2 scaling solution, Polygon, emerged as the top contenders in attracting new users to their blockchain platforms. According to the latest report by Flipside, Ethereum and Polygon collectively acquired a substantial number of new users, with Ethereum gaining 13.4 million and Polygon boasting 12.3 million.
Bitcoin halving is a process that occurs approximately every four years, aimed at slowing down the creation of new Bitcoins. This mechanism ensures that the last Bitcoin will be mined over a hundred years from now, despite the fact that over 19.6 million Bitcoins are already in circulation. The reduction in production speed, coupled with
