Crypto analyst PlanB has made a bold prediction that Bitcoin will hit $100,000 this year, despite the current bearish sentiments surrounding the cryptocurrency. In a video on his YouTube channel, PlanB stated that he believes Bitcoin reaching $100,000 is “inevitable.” He even suggested that $100,000 could just be the starting point for Bitcoin’s price in
The Ethena token (ENA) has experienced a remarkable surge of 13% in just 24 hours and an overall increase of 53% since its listing on Binance. ENA functions as a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s USDe stablecoin offers a substantial 35% APY, setting it apart from traditional rivals USDT and
The recent court hearing in Nigeria involving cryptocurrency exchange Binance revealed a significant lack of legal representation for the company. While the compliance chief, Tigran Gambaryan, was present at the hearing, no official legal team from Binance was in attendance. This raised concerns about the company’s preparedness to address the criminal charges it is facing
The banking giant VanEck has made a bold prediction regarding the valuation of Ethereum Layer-2 (L2) solutions, estimating it to reach a staggering $1 trillion by the year 2030. This forecast underscores the significant role that efficiency improvements and scalability advancements will play in the evolution of blockchain technology. The prediction was spearheaded by Patrick
The cryptocurrency market has recently experienced a period of correction, with Bitcoin (BTC) being one of the most impacted digital assets. BTC’s price has fallen by approximately 6% over the past week, currently trading at around $65,400 according to CoinGecko’s data. One potential reason for the increased volatility and decline in BTC’s value is profit-taking
Coachella, known for its iconic lineup and vibrant atmosphere, has introduced Coachella Quests as a way to revolutionize the festival experience. Coachella Quests is a loyalty game that utilizes blockchain technology to enhance fan engagement and loyalty through gamification and Web3 technology. Participants in Coachella Quests can earn NFT Stamps and Points by completing various
Lithuania is set to impose strict licensing requirements on crypto firms by 2025, a move that will significantly reduce the number of companies able to operate in the country. Central bank board member Simonas Krepsta stated that out of the 580 firms currently active in Lithuania, only a limited few will be able to obtain
The recent surge in popularity of meme coins has brought Wally the Whale token into the spotlight, with a staggering 44,510% increase in value in just 24 hours. This meteoric rise has captivated the attention of investors looking for the next big opportunity in the crypto market. As Wally the Whale continues to make waves,
The recent downturn in the Bitcoin price has sparked concern among investors, as the price dipped below $67,000. However, amidst this uncertainty, crypto analyst Michael van de Poppe has taken a different approach. He has encouraged the crypto community to see this as an opportunity to buy more Bitcoin at a lower price. In a
The recent legal challenges faced by KuCoin with US authorities have had a significant impact on user assets on the platform. The exchange’s latest proof-of-reserve certificate revealed a noticeable decline in user holdings, with Bitcoin decreasing by 25.4%, Ethereum by approximately 22%, and Tether’s USDT by about 22%. This decline is further supported by data
