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Bitcoin Could Hit $500,000 if US Adopts it as Reserve Asset, Says Novogratz
Billionaire cryptocurrency investor Mike Novogratz has suggested that $BTC could reach a staggering $500,000 if the United States were to add it to its strategic reserves. He made the bold prediction during a live interview on Bloomberg, sparking renewed discussion about the future of the leading cryptocurrency.
Novogratz’s comments come in the wake of a purported statement attributed to US President-elect Donald Trump, promising to make Bitcoin a reserve asset and halting government sales of th
Novogratz’s comments come in the wake of a purported statement attributed to US President-elect Donald Trump, promising to make Bitcoin a reserve asset and halting government sales of th
Avalanche Foundation Repurchases $52 Million in AVAX from Luna Foundation Guard
The Avalanche Foundation has finalized its disentanglement from the collapsed Terra ecosystem, repurchasing $52 million worth of $AVAX tokens from Do Kwon’s now-defunct Luna Foundation Guard (LFG). This marks the end of a relationship that began over two years ago and ultimately resulted in significant losses for many involved with Terra.
In 2022, Do Kwon, creator of Terraform Labs, launched LFG as a mechanism to acquire $10 billion in Bitcoin and other crypto assets, including AVAX, to serve as
In 2022, Do Kwon, creator of Terraform Labs, launched LFG as a mechanism to acquire $10 billion in Bitcoin and other crypto assets, including AVAX, to serve as
Bitcoin Price Smashes All-Time High: $76,000 Seen!
Bitcoin ($BTC ) has soared to a new all-time high of $75,999, driven by optimistic expectations surrounding the re-election of Donald Trump as US President.
The cryptocurrency had already broken its previous record earlier in the day following confirmation of Trump’s win, but this latest surge late in the day has pushed the all-time high (ATH) even higher. At the time of writing, Bitcoin is trading at $75,977, remaining remarkably close to its peak valuation.
The price surge, representing a rou
The cryptocurrency had already broken its previous record earlier in the day following confirmation of Trump’s win, but this latest surge late in the day has pushed the all-time high (ATH) even higher. At the time of writing, Bitcoin is trading at $75,977, remaining remarkably close to its peak valuation.
The price surge, representing a rou
Trump Victory Signals “Tailwind” for Crypto, Bernstein Analysts Say
Donald Trump’s presidential victory has transformed the regulatory landscape for cryptocurrencies, shifting from a headwind to a tailwind, according to analysts at Bernstein, a leading research and brokerage firm. The market, they argue, has yet to fully price in this significant shift.
In a note to clients on Wednesday, Bernstein analysts led by Gautam Chhugani predicted the appointment of a “crypto-friendly” SEC Chair and the influence of a similarly inclined Senate Banking Committee will acce
In a note to clients on Wednesday, Bernstein analysts led by Gautam Chhugani predicted the appointment of a “crypto-friendly” SEC Chair and the influence of a similarly inclined Senate Banking Committee will acce
Ripple (XRP) Executives Call on Trump for Swift Crypto Action Following Election Win
Following Donald Trump’s victory in the presidential election, Ripple ($XRP ) executives Brad Garlinghouse (CEO) and Stuart Alderoty (CLO) issued statements urging the new administration to prioritize cryptocurrency regulation reform.
Garlinghouse offered a pointed “first 100-day checklist” for the incoming president, beginning with the immediate dismissal of current SEC Chair Gary Gensler. He suggested replacing Gensler with figures like Giancarlo (presumably referring to former CFTC Chairman C
Garlinghouse offered a pointed “first 100-day checklist” for the incoming president, beginning with the immediate dismissal of current SEC Chair Gary Gensler. He suggested replacing Gensler with figures like Giancarlo (presumably referring to former CFTC Chairman C
Bitcoin Price May Dip Before US Election, Standard Chartered Predicts
Bitcoin ($BTC ) investors should brace for a potential price pullback leading up to the US presidential election on November 5th, followed by a period of heightened volatility, according to Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered. Despite a recent surge to $73,563 on Tuesday, Bitcoin remains stubbornly below its all-time high of over $73,700 set in March.
Kendrick suggests that investors liquidating positions ahead of the election could exert downward pressur
Kendrick suggests that investors liquidating positions ahead of the election could exert downward pressur
Justin Sun Teases Major Tron Announcement
Cryptocurrency mogul Justin Sun has hinted at a significant upcoming announcement for the Tron ($TRX ) network. The news comes amidst a broader cryptocurrency market rally, with Bitcoin (BTC) recently surpassing the $72,000 mark.
In a recent social media post, Sun cryptically stated, “Big news for Tron is coming soon.” He further added that the era of “announcements of announcements” has finally begun, suggesting that the Tron ecosystem is poised for significant developments.
While the specific
In a recent social media post, Sun cryptically stated, “Big news for Tron is coming soon.” He further added that the era of “announcements of announcements” has finally begun, suggesting that the Tron ecosystem is poised for significant developments.
While the specific
TON Poised to Surpass Ethereum in Holder Count
A recent analysis by cryptocurrency analytics firm CryptoQuant suggests that The Open Network ($TON ) could soon surpass $ETH in terms of the number of unique wallet holders.
According to the firm, TON's rapid growth, averaging 500,000 new holders per day, positions it to potentially overtake Ethereum by December 20th, 2023. This projection is based on the current rate of growth and the assumption that it continues at a similar pace.
However, CryptoQuant also acknowledges that the growth rate mi
According to the firm, TON's rapid growth, averaging 500,000 new holders per day, positions it to potentially overtake Ethereum by December 20th, 2023. This projection is based on the current rate of growth and the assumption that it continues at a similar pace.
However, CryptoQuant also acknowledges that the growth rate mi
VanEck Executive Expects Bitcoin Rally After Election: Predicting BTC Price in 2050 at $3 Million
Bitcoin’s price surged past $68,000 this morning, marking a 100% increase over the past year. This surge comes amid renewed speculation about the cryptocurrency’s connection to political cycles and global economic trends. Matthew Sigel, Head of Digital Assets Research at VanEck, appeared on CNBC this morning, offering insights into Bitcoin’s recent performance and future potential.
VanEck Makes a Bold Prediction for Bitcoin in 2050
Sigel suggested a correlation between $BTC 's recent climb from
VanEck Makes a Bold Prediction for Bitcoin in 2050
Sigel suggested a correlation between $BTC 's recent climb from
Ethereum Proponent Argues Solana Unsuitable as Global Blockchain Backbone
Ethereum community member Ryan Berckmans has outlined five key reasons why he believes Solana cannot achieve the status of a global blockchain backbone, a position he firmly asserts belongs to $ETH . Berckmans argues that Ethereum’s focus on Layer 2 (L2) scaling positions it as the foundation of a new global financial system, while Solana’s architectural choices and history present insurmountable obstacles.
Berckmans’ argument comes in response to suggestions that $SOL could pivot to become a ba
Berckmans’ argument comes in response to suggestions that $SOL could pivot to become a ba
Market Makers Wintermute and GSR Offload Arbitrum (ARB) Amidst Altcoin Bloodbath
The cryptocurrency market continues its downward spiral, with altcoins bearing the brunt of the decline. On-chain data reveals significant $ARB sales by two prominent market makers, Wintermute and GSR, adding to the bearish sentiment.
Wintermute deposited 1.16 million ARB tokens, valued at approximately $2.10 million, onto the Binance exchange a few hours ago. Shortly after, GSR followed suit, transferring 4.71 million ARB, worth around $2.57 million, to the same exchange.
These substantial move
Wintermute deposited 1.16 million ARB tokens, valued at approximately $2.10 million, onto the Binance exchange a few hours ago. Shortly after, GSR followed suit, transferring 4.71 million ARB, worth around $2.57 million, to the same exchange.
These substantial move
Ripple CEO Brad Garlinghouse Says XRP ETF Is Inevitable
Brad Garlinghouse, the CEO of Ripple Labs, has expressed his belief that the approval of an exchange-traded fund (ETF) for $XRP is “inevitable.” This comes after years of legal battles with the U.S. Securities and Exchange Commission (SEC) over the classification of XRP as a security.
Garlinghouse pointed to the recent success of Bitcoin ETFs, which have seen significant inflows of capital, as evidence of the growing institutional demand for cryptocurrencies. He said that the approval of Bitcoin
Garlinghouse pointed to the recent success of Bitcoin ETFs, which have seen significant inflows of capital, as evidence of the growing institutional demand for cryptocurrencies. He said that the approval of Bitcoin
Bitfinex Lending Rates Surge, Signaling Potential Bull Market
A significant spike in lending rates on the Bitfinex platform has caught the attention of market analysts, with some interpreting it as a strong bullish signal for Bitcoin.
According to the crypto news outlet GreeksLive, multiple orders have been lent out at a high annual percentage rate (APR) of 30% today. This surge in lending rates suggests a heightened demand for borrowed funds, which could be indicative of increased market activity and optimism among traders.
GreeksLive noted that the recen
According to the crypto news outlet GreeksLive, multiple orders have been lent out at a high annual percentage rate (APR) of 30% today. This surge in lending rates suggests a heightened demand for borrowed funds, which could be indicative of increased market activity and optimism among traders.
GreeksLive noted that the recen
LayerZero CEO Exposes Critical Vulnerability in Across Token Contract
Bryan Pellegrino, CEO of the cross-chain interoperability protocol LayerZero ($ZRO ), has publicly revealed a critical vulnerability in the Across Protocol's token contract. In a social media post, Pellegrino alerted the Across Protocol team to a mistakenly exposed function that allowed for the arbitrary destruction and withdrawal of tokens from any wallet.
The vulnerability, stemming from an oversight in the implementation of Open Zeppelin's ERC20 token standard, granted the Across Protocol the
The vulnerability, stemming from an oversight in the implementation of Open Zeppelin's ERC20 token standard, granted the Across Protocol the
MarktQuant Predicts Bullish Bitcoin Run, Targeting $73.5K – $81.3K
Cryptocurrency analytics firm MarktQuant has issued a bullish forecast for Bitcoin ($BTC ), predicting a significant price surge driven by increased liquidity and a potential short squeeze. In a statement released today, the firm cited its proprietary long-term bull/bear model, which integrates eleven key technical and on-chain indicators. This model has now transitioned into a “full bullish phase,” according to MarktQuant.
The firm points to positive momentum building over the past four days, c
The firm points to positive momentum building over the past four days, c
Worldcoin Could Be Integrated into ChatGPT in the Future: Founder
Worldcoin ($WLD ), the controversial cryptocurrency startup co-founded by Sam Altman, has announced a significant rebranding. The company has dropped the “coin” from its name, officially becoming “World.” This shift coincides with the launch of its next-generation iris-scanning “Orb” and other tools.
The decision to drop “coin” from its name suggests a potential shift in focus for the company, which initially gained notoriety for its unique proof-of-personhood system involving iris scanning. Whi
The decision to drop “coin” from its name suggests a potential shift in focus for the company, which initially gained notoriety for its unique proof-of-personhood system involving iris scanning. Whi
Montenegrin Justice Minister Bojan Božović said that the decision on the extradition of Do Kwon, the founder of Terra ($LUNA ), has been taken and will be announced by the end of Sunday.
Why Tesla Transferred Bitcoin the Other Day? Here Are The Theories
Tesla, the electric vehicle giant, has made a significant move in its $BTC holdings. Data from Arkham revealed that the company’s Bitcoin wallet saw unusual activity on Wednesday, with funds being transferred to a new wallet. While initial concerns about a large-scale sale were quickly alleviated, the reason behind this transfer remains shrouded in mystery.
Though neither Tesla nor Elon Musk has publicly commented on the move, the crypto community has been rife with speculation. Possible explana
Though neither Tesla nor Elon Musk has publicly commented on the move, the crypto community has been rife with speculation. Possible explana
FBI Arrests Alabama Man for Orchestrating January 2024 SEC Twitter Hack with Fake Bitcoin ETF News
Federal authorities have arrested an Alabama man in connection with a January 2024 cyberattack that targeted the U.S. Securities and Exchange Commission’s (SEC) Twitter account. Eric Council Jr., 25, of Athens, Alabama, was taken into custody this morning and is facing charges of conspiracy to commit aggravated identity theft and access device fraud.
Hacker Searched Google for How to Know If You’re Being Investigated by the FBI
According to the indictment, Council and his co-conspirators execute
Hacker Searched Google for How to Know If You’re Being Investigated by the FBI
According to the indictment, Council and his co-conspirators execute
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MajorUnlocks
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🚀 $BTC
Price Forecast: Critical Levels to Watch
1️⃣ Scenario 1: Range Bound between $86K-$92K
📅 If BTC stays in this zone for the next 5-7 days, brace for a breakout between 24th-26th!
📈 This means strong momentum is brewing, potentially setting the stage for a massive rally.
2️⃣ Scenario 2: A Quick Surge to $95K-$96K Early Next Week
⚠️ Beware! A rapid spike could be a fakeout!
💡 The likely play? A pullback to $80K-$83K as traders cash out and liquidity dries up.
💥 Key Insight:
In crypto, patience pays. A steady BTC is a bullish sign, but a parabolic move could be risky. Don’t chase the hype—wait for solid confirmation before making your next move! 🚀💸
#MajorUnlocks #BONKBURNmas #SOLWatch #XRPPriceAction #DEXXBreach
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