The native asset of liquid staking solution Lido DAO, LDO, is predicted to see a significant increase of approximately 230% and revisit its record high of $7.30, according to cryptocurrency trader Bluntz, who also anticipates a potential new high for Solana (SOL) in 2023 and a rally for Dogecoin (DOGE) towards $0.13.
DAOs, or decentralized autonomous organizations, redefine organizational structures by distributing decision-making and execution to all members simultaneously, creating an equitable and democratic distribution of resources and responsibilities. Transparency, community engagement, incentivization, reputation systems, and risk assessment are key factors in successful DAOs. The future of DAOs lies in their flexibility, alignment of incentives, and intelligent participation, enabling members to make a living and contribute to positive change.
Fidelity, with over $4.5 trillion in assets under management, has filed for its own Ethereum ETF, seeking approval to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX Exchange, highlighting the lack of a regulated avenue for US investors to gain exposure to ETH and the potential benefits of an Ether ETF in reducing losses from defunct firms.
Cardano (ADA) could experience a surge and potentially reach $0.75 by the end of December, according to a crypto analyst, with the current price movement of ADA resembling its 2018-2020 phase.
Fidelity, a $4.5 trillion asset manager, has filed for a Spot Ethereum ETF, joining BlackRock in the race to offer cryptocurrency investment opportunities to institutional clients.
Financial services giant Fidelity Investments is seeking regulatory approval to launch an exchange-traded fund (ETF) that holds Ethereum, following BlackRock's similar application, in an effort to provide a safer way for mainstream investors to gain exposure to digital assets.
Fidelity has filed for an Ethereum exchange-traded fund (ETF), joining BlackRock in embracing cryptocurrencies, with hopes that the approval of these ETFs will make investing in crypto assets easier for the average person.
WisdomTree has chosen Coinbase, the largest cryptocurrency exchange in the US, to be the custodian for its spot Bitcoin exchange-traded fund (ETF) application submitted to the Securities and Exchange Commission (SEC). Coinbase is already the custodian for several other companies' Bitcoin ETF applications, including BlackRock.
Bitcoin price remains below the $36,500 level as the absence of momentum makes it vulnerable to a potential drop; Ethereum price risks a 5% slump if it loses support at $1,935; Ripple price could experience a 10% drop if support at $0.5981 is broken.
A study by the Bank for International Settlements (BIS) has suggested that a regulatory model giving control to a central bank would be superior to private stablecoins, which lack mechanisms for money market stability, with the study proposing a Regulated Liability Network as a solution.
Sam Altman's departure from OpenAI has negatively affected the WLD token of Worldcoin, with a 14% drop in value, following a lack of communication that led to a loss of confidence in Altman's leadership by the board, while the broader AI coin market cap grew by 30% to $5.4 billion in the past 24 hours.
The cryptocurrency market was mixed at the end of the week, with Bitcoin consolidating above $36,000 while altcoins experienced varied performance and traders shifted their profits into other tokens; stocks also traded flat overall.
Sam Altman, former CEO of OpenAI, is leaving the company's board, and questions remain about his role at Worldcoin as its token value drops.
OpenAI has removed Sam Altman as CEO and from the board due to a lack of consistent communication, leading to a loss of confidence in his ability to lead, resulting in a 12% drop in Altman's cryptocurrency project Worldcoin, while Mira Murati has been appointed as the interim CEO and the company is searching for a permanent successor.
Crypto companies are increasingly focused on obtaining licenses as they navigate the tight regulatory environment, with major players like Crypto.com and Commerzbank receiving licenses in Dubai and Germany respectively. Uniswap has launched an Android mobile wallet app, Disney is partnering with Dapper Labs for an NFT platform, and Cboe is set to offer BTC and ETH margin futures trading with support from 11 firms. Additionally, Goldman Sachs and BNP Paribas have led a funding round for blockchain payment firm Fnality.
Institutional investors are increasingly optimistic about the future of cryptocurrency, with 57% believing that prices will rise in the next year and nearly 60% planning to increase their crypto allocations over the next three years.
Bitcoin could either continue sideways until two months before the halving if history repeats itself in 2016, or it could experience a deeper retracement leading up to the halving in 2024 if 2019's history is repeated, according to crypto analyst Rekt Capital. Additionally, Dogecoin has confirmed a breakout and has been enjoying a rally of over 50%, while Ocean Protocol is showing signs of successfully retesting support and may experience an upside to $0.48.
The U.S. Securities and Exchange Commission is likely to delay the approval of a Bitcoin exchange-traded fund (ETF), disappointing bitcoin investors who were anticipating its imminent release and suggesting that the decision will be revisited in the new year.
Astrobotic, an aerospace company, has accepted an application from the Dogecoin community to send a physical Dogecoin to the moon, causing a 13% surge in the cryptocurrency's value.
The Bitcoin blockchain set a record with $11.6 million in fees paid, driven by increased demand for the cryptocurrency due to the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States.
The U.S. Securities and Exchange Commission (SEC) has delayed decisions on the approval of spot bitcoin ETF applications from Franklin Templeton and Global X, pushing the new deadlines into early 2024.
Yearn Finance (YFI) has experienced a significant price increase in the last ten days, making it one of the top gainers in the recent bull run, driven by the anticipation of Yearn V3's launch announcement; however, the low volume suggests a lack of participation.
Crypto whales are transferring hundreds of millions of dollars worth of Bitcoin, Solana, Dogecoin, and XRP, with notable transactions involving Coinbase, Kraken, and Bitfinex.
A new DeFi report reveals that almost half of the crypto lost to exploits in 2022 was due to traditional Web2 security flaws, such as leaked private keys, while Sushi is partnering with ZetaChain to test Bitcoin swaps on 30 blockchains, and the founders of Opyn DeFi protocol are stepping down and leaving crypto following enforcement action from the CFTC.
A popular crypto analyst predicts that Avalanche (AVAX) could experience a significant decline, while Dogecoin (DOGE) is poised for a bullish price pattern, and Polygon (MATIC) is expected to retrace and bounce at a key level.
The Solana-based NFT project, Mad Lads, has experienced a significant increase in value, with its floor price rising by 122% in the past week to reach 100 SOL ($5,750), making it the most valuable collection on the network based on floor price and market cap.
Jump Trading Group has ended its relationship with crypto project Wormhole, as the company continues to withdraw from the volatile digital-assets market, with key employees leaving to run Wormhole independently.
Call of Duty: Modern Warfare III's first season update will include new multiplayer maps, zombie mode upgrades, and a fresh Warzone battle royale map, aiming to win back players with fresh content.
The Sushi token (SUSHI) is at risk of a price correction due to an increase in SUSHI investors looking to sell and a higher number of sell orders compared to buy orders, but there is potential for a rebound if the market sentiment remains positive and the $1.00 price level holds as support.
Tether Holdings is investing $500 million in the next six months to become one of the world's largest Bitcoin miners, with plans to build mining facilities in Uruguay, Paraguay, and El Salvador to increase its share in the Bitcoin network's computing power to 1%.
Ethereum and Cardano co-founder Charles Hoskinson has introduced a new voting tool called the Cardano Ballot, which will be used to decide the Cardano Improvement Proposal CIP-1694. The voting process will involve a snapshot on November 21 and a voting period between December 11 and December 16. The feedback obtained from the poll will inform development and governance priorities in 2024.
Altcoins have been outperforming Bitcoin in recent weeks, leading to speculation of another altcoin season; however, it is still too early to confirm if this trend will continue. Traders looking to benefit from the altcoin rally should use strong technical analysis and consider leveraging automated trading tools like TradeSanta to manage risk and maximize profits.
A one-of-a-kind NFT painting titled "EthBoy," depicting Ethereum co-founder Vitalik Buterin, has sold for 200 ETH (equivalent to $392,308) on the secondary market, injecting hope into the struggling NFT ecosystem, with the sale value exceeding the record-breaking November 2020 auction price of 260 ETH, thanks to the fluctuations in the price of ETH since then.
Bitcoin (BTC) hovers around $36,000 as traders anticipate a potential correction to lower levels, while others suggest a steeper correction down to $30,000; however, some traders remain optimistic about BTC's potential upside as altcoins underperform.
The approval of cryptocurrency exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) could kick off the next bull market, signaling a change in the cryptocurrency market, according to analysts.
Some pre-2016 Bitcoin wallets have a vulnerability that could allow hackers to guess their private keys, potentially leading to stolen funds, but the impact is likely to be minor as the flaw only affects certain wallets and measures are being taken to address it. However, there is a race to recover forgotten Bitcoin from these vulnerable wallets, with the risk that malicious actors may obtain the funds before their rightful owners, highlighting the importance of secure code in the crypto industry.
ENS developer Nick Johnson is calling on Unstoppable Domains to drop a patent that he claims is based on ENS innovations or face legal action.
Startup fintech Republic Crypto plans to launch a revenue-sharing tokenized security called R/Note on the Avalanche blockchain, allowing investors to receive stablecoin dividends from the company's venture portfolio.
The crypto market experienced significant losses, except for Dogecoin, with Ethereum, XRP, and Solana all down, while Dogecoin gained 4% and increased in value by over 10% in the past week.
Bitcoin derivatives activity, including perpetual futures trades and options open interest, has surged, signaling a renewed speculative interest in the cryptocurrency amidst expectations of regulatory approval for US spot Bitcoin exchange-traded funds, potentially leading to greater demand and higher prices.
BitGo CEO Mike Belshe believes that the SEC will likely reject spot bitcoin ETF applications due to concerns over the separation of exchanges and custody, despite industry optimism.
Solana users could receive a share of four billion tokens from Jupiter's airdrop, with one billion tokens going to users with at least $1,000 in swap volume on the protocol.
Crypto analytics company Glassnode has identified $30,000 as a critical support level for Bitcoin, which, if breached, could trigger a significant sell-off in the market.
Avalanche's AVAX and Near Protocol's NEAR tokens saw significant gains this week, with AVAX rising nearly 50% and NEAR adding over 18%, potentially attributed to Avalanche's inclusion in Singapore's Project Guardian and developments announced at Nearcon conference. Bitcoin and Ether, however, experienced declines of 3% and 6% respectively. BlackRock filed for its iShares Ethereum Trust, CoinShares secured an option to buy Valkyrie Investment's ETF unit, and the number of blockchain addresses holding at least $1,000 worth of BTC reached a record high.
Private keys are crucial for securing one's cryptocurrency assets, and this article explains their importance, risks associated with losing them, and different methods for safely backing them up, including paper wallets, hardware wallets, encrypted digital files, encrypted cloud storage, and mnemonic phrases. It also provides a step-by-step guide for recovering a wallet using backed-up private keys or a recovery phrase.
The approval of a bitcoin spot exchange-traded fund (ETF) could attract billions of dollars from the U.S. wealth management industry into the crypto market, according to researchers from Coinbase.
Mastercard's lead for blockchain and digital assets in Asia-Pacific, Ashok Venkateshwaran, believes there is no need for central bank digital currencies (CBDCs) as customers are already comfortable using traditional money, but if CBDCs were to be implemented, they should provide the same convenience as cash.
Bitcoin and other cryptocurrencies declined as traders awaited a regulatory decision on crypto funds, yet they remained optimistic about the ongoing rally in digital assets.
The Shiba Inu (SHIB) price remains stable at the $0.000008 support level, indicating strong market demand despite sideways price action, as investors continue to hold onto their positions in anticipation of future gains and a potential price breakout.
Taproot Wizards, a collection of NFT-like collectibles created on Bitcoin, raised $7.5 million in funding to attract Bitcoin talent and bridge the gap between Bitcoin and the rest of the crypto ecosystem, leveraging the Ordinals protocol.