Fidelity Investments' global macro director believes that a recession could lead to a significant rally for Bitcoin, with the potential for prices to reach $96,210 by the end of 2025 if interest rates decline. He also suggests that Bitcoin's correlation with equities has decreased, making it a potential source of uncorrelated returns in the next market cycle.
Google Cloud has joined Polygon Labs as a decentralized validator, enhancing the security of the network and driving adoption, with Google Cloud staking 10,451 MATIC.
Radiant Capital (RDNT) price is trading within a falling wedge pattern, and a recent breakout has the potential to trigger a rally, but a daily close below the $0.203 support level would invalidate the bullish outlook.
Bitcoin (BTC) experienced a cooling off in price action ahead of the September candle close, with the monthly return up nearly 4% but the quarterly performance down 11.5%; traders and analysts anticipate potential changes in the final hours of the monthly candle.
Bitcoin and other major cryptocurrencies are preparing for volatility following a potential executive order from Joe Biden, while X's CEO Linda Yaccarino plans to propose expansion into payments after rumors of Elon Musk turning X into an updated version of PayPal.
Injective (INJ), a decentralized derivatives exchange, is viewed by a popular crypto trader as having high growth potential, with the trader suggesting that buying dips in the coming weeks could be a profitable strategy; the trader also predicts significant upswings for Bitcoin (BTC) and Ethereum (ETH) based on historical patterns, and observes that Solana (SOL) is retesting a key resistance level.
Bitwise Asset Management has announced the launch of two Ether futures ETFs on October 2, allowing investors to access Chicago Mercantile Exchange Ether futures.
Injective (INJ), OKB, and Toncoin (TON) are the top altcoins that could potentially reach new all-time highs in the month of October, with the INJ price having a potential increase of 250% to $25, the OKB price likely to hit $72, and TON potentially reaching $4.08.
Leased proof-of-stake (LPoS) is a variant of the proof-of-stake (PoS) system that allows tokenholders to lease their tokens to validator nodes, increasing their chances of generating new blocks and earning transaction fees.
Interest-bearing stablecoins are becoming increasingly popular in the DeFi sector as they offer attractive yields generated from real-world assets, such as T-Bills and government bonds, providing a transparent and auditable alternative to traditional banking systems.
Recent on-chain data reveals that an exploit mover transferred 2,500 ETH valued at $4 million each, potentially impacting ETH's price and smaller investors, coinciding with the launch of Ethereum-based ETFs in the United States.
Sam Bankman-Fried, the former rising star of the crypto world and founder of FTX, faces trial for alleged financial crimes after his businesses collapsed and he was charged with fraud, with his on-again, off-again lover and the CEO of Alameda Research, Caroline Ellison, expected to testify against him.
Investors looking for alternatives to Ethereum may consider investing in Cardano and Solana, two smaller cryptocurrencies that offer innovative features and have the potential for value appreciation. Cardano's cautious and thoughtful approach to development, along with its ability to implement real-world solutions, make it a strong competitor. Solana's fast transaction capacity and disruptive potential in the payments industry also make it an attractive investment option.
Bitcoin experienced a significant surge in September despite resistance from the SEC, marking its first positive performance for the month since 2016, and investors are cautiously optimistic for a bullish October.
Coinbase CEO Brian Armstrong emphasizes the importance of the US establishing a regulatory framework for crypto assets, stating that it is a national security issue and that the country is falling behind other major economies in terms of regulatory clarity, resulting in a decline in the US job market share for the crypto industry.
Around $4 million worth of ethereum (ETH) tied to the FTX exchange hack has started moving, while $21 million still remains in the original wallet, as the trial of FTX founder Sam Bankman-Fried, who is facing fraud charges, is about to begin.
Crypto analyst Michaël van de Poppe believes that the altcoin Kaspa is poised for bullish continuation, potentially reaching a new all-time high, while he also expects the altcoin RNDR to continue rallying if it breaches its immediate resistance.
Spot Bitcoin ETFs are poised to be approved by the U.S. Securities and Exchange Commission, which would streamline institutional adoption of digital assets in the country and bring in fresh capital, as traditional financial institutions like BlackRock, Fidelity, and VanEck apply for spot Bitcoin ETF listings.
Terraform Labs co-founder Do Kwon denies accusations of orchestrating fraudulent transactions, claiming that the leaked Slack conversations were taken out of context and that the discussions were about staking LUNA tokens with validators rather than creating counterfeit Chai transactions. Kwon's lawyers are also pushing back against the SEC's request to extradite him to the US, citing his detention in Montenegro and a guilty verdict for passport fraud.
BRICS is reportedly considering the launch of a global payments system that could bypass SWIFT, in an effort to reduce ties to the West and strengthen trade in local currencies.
The defense team of FTX founder Sam Bankman-Fried argues that some proposed juror questions from the U.S. Department of Justice could bias potential jurors and prejudice them against Bankman-Fried before the trial, as they fail to disclose potential juror bias and present allegations in a prejudicial manner. Specifically, the defense objects to the omission of the word "allegedly" when describing the crimes and questions that may not reveal predisposition in favor of prosecutors or against Bankman-Fried due to personal experiences with crypto or law enforcement encounters.
A young couple is claiming that a trillion-dollar bank has rejected their complaint and refuses to help them after tens of thousands of dollars disappeared from their account, while the bank insists that the couple's screenshots do not align with its own records.
Maker (MKR), the native token of the decentralized finance (DeFi) protocol Maker, has surged by almost 45% in the past month, driven by increased address activity and significant purchases by crypto whales.
Scammers are using cryptocurrency in their cons, with a new Bitcoin scam that claims personal data leakage and offers compensation, targeting consumers who are unfamiliar with cryptocurrency.
House Financial Services Committee Chair Patrick McHenry is committed to pushing stablecoin regulation to President Biden's desk, despite the possibility of a government shutdown, as states and federal lawmakers continue to grapple with the issue.
Asset management giant Invesco and Galaxy Digital have partnered to apply for an Ethereum spot exchange-traded fund (ETF), following their joint application for a Bitcoin product earlier this year, marking the fourth Ethereum spot ETF application to be submitted recently.
Kraken plans to offer securities trading in the US and UK, Gemini invests $24 million for expansion in India, Binance reopens exchange services in Belgium, and Argentine oil company Tecpetrol ventures into crypto mining using excess gas power.
The bankruptcy restructuring plan of BlockFi has been approved by its creditors, allowing the firm to reimburse its clients and recover lost assets from FTX and Three Arrows Capital.
Ethereum protocol developers have made a last-minute decision to include an additional code change in the upcoming upgrade to address the issue of Ethereum's validator set size growth, sparking controversy within the Ethereum community.
Bitcoin BTC/USD was consolidating during Friday's trading session following a cooling of the core PCE for August, while Ethereum and Dogecoin showed slight strength and Bitcoin formed an inside bar pattern indicating a period of consolidation.
The Pond0X decentralized exchange (DEX) has surpassed $100 million in total trading volume despite previous controversy surrounding its native token, PNDX.
The US economy is facing turbulence as inflation rates rise, causing losses in US Treasuries and raising concerns about the impact of high interest rates on assets like Bitcoin and the stock market. With additional government debt expected to mature in the next year, there is a fear of financial instability and the potential for severe disruptions in the financial system. The Federal Reserve may continue to support the financial system through emergency credit lines, which could benefit assets like Bitcoin.
Buenos Aires is partnering with QuarkID to implement a blockchain-based digital identification service for its residents, becoming the first city in Latin America and one of the first in the world to do so, prioritizing privacy and protection of user data.
Bitcoin is currently facing rejection at its current price point, while Chainlink is positioned well to close the week above its downtrend trendline, potentially leading to upward movement for the cryptocurrency.
Researchers have achieved a crucial milestone in quantum computing by implementing quantum error correction to perform a fault-tolerant one-bit addition, bringing us closer to more reliable and powerful quantum computers.
Financial services firm Valkyrie Funds LLC will halt buying of ethereum for its Valkyrie Bitcoin and Ether Strategy ETF and unwind any positions already acquired, impacting its plan to be the first to launch an exchange traded fund tied to ethereum.
Bitcoin's positive monthly return may be at risk due to a possible federal government shutdown, as the cryptocurrency faces a modest pullback, while other digital assets outperform the market.
Disgraced crypto mogul Do Kwon admitted to faking trading volume and creating fake transactions to generate fees, according to court documents filed by the U.S. Securities and Exchange Commission (SEC). Kwon's Terra collapsed last year, and the SEC is now accusing him of fraud.
Uniswap Foundation plans to raise $62 million in funding, Chainlink downplays concerns about changes to multisignature wallets, Curve Finance founder settles $42 million in debt, Mixin Network offers $20 million bug bounty, and Upbit resolves fake token issue in DeFi market overview.
The National Bank of Georgia (NBG) has announced a limited-access live pilot environment for its digital lari central bank digital currency (CBDC), with nine companies, including Ripple Labs, participating in the project.
Pudgy Penguins, known for its NFT collection, has expanded its offerings into an open-world digital player experience and a physical toy line, with toys now available in thousands of Walmart stores, aiming to solve the revenue limitations faced by NFT projects and to generate additional profit through physical sales.
The co-founders of Glassnode predict that the US Dollar Index (DXY) will decline, leading to a bull run for Bitcoin.
Google Cloud has joined Polygon Labs' proof-of-stake network as a validator, using its infrastructure to secure the fast and low-cost Ethereum protocol.
EarnTV is a blockchain-powered streaming platform that aims to revolutionize the industry by decentralizing control, empowering creators, and engaging viewers through token rewards and interactive features.
Bitcoin (BTC) is attempting to trade above $27,000, showing resilience in the face of adverse conditions and indicating a longer-term view on the cryptocurrency.
Asset management firm Valkyrie has decided to wait for approval from the SEC before purchasing Ether (ETH) futures for its ETF, prompting speculation that the SEC might have pressured the company to halt purchases until the ETF is officially approved.
Disgraced crypto scion Sam Bankman-Fried is warned by the judge that he could face a very long sentence, possibly more than 100 years, if convicted of all seven counts of fraud in his upcoming trial.
Peter Molyneux's blockchain-connected business sim game, Legacy, is set to be released next month amidst a decline in the value of NFTs and concerns about the environmental impact of creating NFTs.
Stablecoin issuer Circle argued in a court filing that tokens pegged to a sovereign currency, like the US dollar, are not securities, amid the Securities and Exchange Commission's (SEC) lawsuit against Binance, highlighting the potential implications for stablecoins as a whole.
Mark Yusko, founder and CEO of Morgan Creek Capital Management, is bullish on Bitcoin and believes it will replace gold, citing price targets in the six-figure range based on underlying values and upcoming events like the Bitcoin halving; Yusko also discusses investment opportunities in the digital ecosystem and the potential of cryptocurrencies at different levels of the pyramid.