Anthony Scaramucci, the founder and CEO of SkyBridge Capital, a prominent alternative asset management firm, has made a bold prediction about the future of Bitcoin (BTC). He anticipates that BTC will reach its all-time high before 2024 concludes. Scaramucci’s prediction comes on the heels of the United States Securities and Exchange Commission’s (SEC) recent approval
In a remarkable turn of events, Ethereum has managed to outshine Bitcoin with an impressive 14% surge in just two weeks. This surge has propelled the digital currency past a key psychological barrier, surpassing $2,600 for the first time since May 2022. The breach of this significant level not only confirms Ethereum’s ongoing uptrend but
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant moment in the history of US trading. This development signals a growing institutional interest in Bitcoin and has already led to substantial inflows and trading volume in the first week of trading. Despite a slight dip in
The dApp industry has experienced astonishing growth, as highlighted in DappRadar’s recently published 2023 Industry Report. This comprehensive report offers valuable insights into the thriving landscape of NFTs, DeFi, and blockchain gaming. With a 124% year-over-year increase in Unique Active Wallets (UAW), it is evident that the dApp sector is evolving rapidly. One of the
Crypto analyst Ali Martinez recently analyzed Solana’s price movement and suggested that the cryptocurrency could potentially rise to as high as $150 in the near future. Martinez pointed out the breakout of a bull flag pattern on the 4-hour chart and stated that if SOL managed to close above $106, it could trigger a rally
Blockchain games have captured the attention of the gaming industry, promising decentralized ownership and true digital scarcity. However, a closer look reveals a concerning trend of discontinuation and abandonment. According to the Big Blockchain Game List, more than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled. This article delves
India, a country known for its booming crypto industry, shocked the world on January 12th, 2022, when it announced the blocking of access to global cryptocurrency exchanges such as Binance, KuCoin, and OKX. This move came as part of the Indian government’s efforts to regulate the crypto space and curb potential money laundering activities. However,
Shiba Inu, a popular meme coin, has experienced a significant dip in its price recently. However, amid this price decline, Shiba Inu whales have been accumulating massive amounts of the cryptocurrency. On-chain data reveals that these whales have acquired a staggering 2.39 trillion SHIB tokens, valued at $24.15 million. This article delves deeper into this
The price of Bitcoin has been on a massive bullish momentum since the approval and launch of Spot Bitcoin ETFs. However, according to crypto analyst Jason Pizzino, this upward trend may soon come to a halt. Pizzino predicts a temporary setback in Bitcoin’s growing trajectory, citing the cryptocurrency’s proximity to a crucial resistance point that
The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
