Presales in the crypto market have become increasingly popular, with projects raising millions of dollars even without a working product, leading some to warn of the high risks involved in such investments.
ETHFI, the governance token of the liquid restaking protocol Ether.Fi, debuted at $4.13 but has since slumped by more than 20% to trade at $3.60 on Binance, with its total value locked (TVL) reaching $3 billion.
Investors are anticipating the upcoming Bitcoin halving event in April and are looking for other cryptocurrencies that could benefit from this event, with Ethereum, Avalanche, Cardano, and Chainlink being identified as potential candidates due to factors such as correlation with Bitcoin and the extent to which they are trading below their all-time highs.
The upcoming Bitcoin halving event is expected to boost the price of Bitcoin, and four other cryptocurrencies that could benefit from this surge are Ethereum, Avalanche, Cardano, and Chainlink.
Richard Teng, the CEO of Binance, predicts that Bitcoin will surpass $80,000 this year and expects increased investment in Bitcoin ETFs from family offices and endowment funds. Standard Chartered has also raised its year-end Bitcoin price target to $150,000.
Solana's meteoric rise above $200 is driven by its commanding presence in the DeFi ecosystem, soaring trading volume on decentralized exchanges, and impressive growth in its staking ecosystem, indicating its rising market influence and potential for new all-time highs.
Nigeria's Securities and Exchange Commission has proposed a 400% increase in registration fees for crypto firms as the government cracks down on the sector amid a weakening currency and accusations of facilitating illegal capital outflows.
Avalanche (AVAX) has experienced a significant price increase of 21.93% in the past week, with the Relative Strength Index (RSI) suggesting further growth potential, and 75% of AVAX holders are currently in a profitable position, indicating a pivotal moment for the asset's future performance.
A Facebook advertisement featuring a deepfake Justin Trudeau with an Australian accent promoting a cryptocurrency scam raises concerns about the future of AI disinformation in political campaigns.
Bitcoin could reach $150,000 by mid-2025 and $200,000 by the end of 2025, driven by increased demand from spot Bitcoin exchange-traded funds (ETFs) and an upcoming halving event that will cut mining rewards in half.
The MOON token, native to Reddit's r/CryptoCurrency subreddit, reached a record high of 84 cents as it prepares for Celer's bidirectional bridging facility, allowing token holders to transfer coins between Arbitrum Nova and Arbitrum One, while Reddit's upcoming IPO is generating significant investor interest.
Bitcoin ETFs, including those offered by BlackRock, ARK 21Shares, Grayscale, and VanEck, are experiencing significant inflows and offering fee waivers to entice investors, marking the convergence of traditional financial institutions with digital assets.
Solana's SOL has surpassed $200 for the first time since November 2021 and crossed its previous market cap high of $75 billion due to increased network activity driven by the meme coin frenzy.
The full impact of recently approved spot market BTC exchange-traded funds (ETFs) on Bitcoin is yet to be felt, according to economist Alex Krüger, who believes the institutional sales machinery for promoting ETFs is still in the early stages.
Solana's SOL and The Book of Meme (BOME) were the most talked-about cryptocurrencies over the weekend, outperforming ETH, BTC, and the broader market, potentially signaling an upcoming retail investor frenzy. Increased chatter on social media and a surge in trading volume on Solana-based decentralized exchanges suggest growing interest in the platform's DeFi ecosystem.
The number of crypto investors in Indonesia increased to 19 million in February, with positive market sentiments and bitcoin's price surge being cited as factors, and the country's crypto regulator aims to exceed the transaction volume from the previous bull run by 2024 by potentially reducing taxes on crypto and making regulatory changes.
Major cryptocurrencies, including Bitcoin, experienced selling pressure after reaching all-time highs, but market optimism is recovering as Bitcoin nears $68,000.
Bitcoin rebounds above $67,000 amid pre-FOMC volatility and investor confidence in buying the dip, while memecoins drive the sector's market cap over $55 billion.
Internet cafes in the Philippines are opening up again, allowing customers to play video games that reward them with cryptocurrency tokens, providing a source of income for players.
A newly launched memecoin on Solana called Book of Meme (BOME) has quickly gained popularity, achieving a $1.1 billion market cap after listing on Binance in just 48 hours.
Shiba Inu has outperformed Bitcoin and Ethereum in price performance, with its SHIB token increasing by 246% this year, fueled by growing adoption of Shibarium, an Ethereum Layer 2 network.
This Week in Crypto Games showcases the latest news in the crypto and NFT gaming space, including the release of Colony's whitepaper, price fluctuations of gaming tokens, ongoing airdrop campaigns, and updates from various gaming projects and platforms.
The Ethereum blockchain's upcoming upgrade is set to lower fees, leading to increased innovation and growth in smart contracts and NFT functionality, despite the continued focus on Bitcoin.
BRICS is working on creating a new currency to settle international trade, aiming to reduce dependency on the US dollar and mitigate the risk it poses to their growth, with the upcoming summit set to discuss the topic further.
Bitcoin reached a new all-time high of $73,000 before experiencing a significant drop, but market commentators remain bullish and predict that Bitcoin could reach $150,000 by mid-2025.
The Biden administration has reintroduced a proposal to impose a 30% tax on bitcoin and crypto miners, which some fear will harm the sector and wipe out billions of investor value.
Venture capitalist Chris Burniske believes Ethereum is the leading settlement layer for crypto assets despite its technical concerns, while Solana and other protocols are contending to reach its level.
This article explores seven investment options that offer safety and better returns than traditional bank deposits, including gold, real estate, Bitcoin, Treasury Inflation-Protected Securities (TIPS), Certificates of Deposit (CDs), high dividend stocks, and government bonds. Balancing these assets according to risk tolerance and financial goals is crucial for optimizing financial portfolios in a changing economic environment.
Chinese cryptocurrency investors made gains of US$1.15 billion in 2023, ranking fourth worldwide, despite the government's ban on cryptocurrency activities.
Bitcoin has the potential to make investors millionaires, but becoming a billionaire solely from Bitcoin investments is highly unlikely due to real-world constraints and the diminishing potential for astronomical returns.
Bitcoin has the potential to make investors millionaires, and even billionaires, but there are real-world constraints on how high its price can go and becoming a billionaire through Bitcoin is unlikely without a substantial investment.
Bitcoin's strong uptrend is showing signs of weakness for the first time since the approval of spot market exchange-traded funds, with concerns about selling activity and resistance levels favoring bears.
Obscuro Labs, developer of Ethereum Layer 2 network TEN, raised $9 million in a funding round led by R3.
The crypto market is showing signs of overheating as leverage on Bitcoin reaches high levels and funding rates soar, potentially signaling a skewed market heavily favoring long positions.
Solana's SOL token has seen significant growth, rising by around 30% in the past month, and its decentralized finance (DeFi) ecosystem has experienced a surge in activity, with daily transaction volume surpassing $3.6 billion, primarily driven by low transaction fees and the popularity of meme coins. Solana's DEX trading volume has even surpassed that of Ethereum on several occasions, and the network's total value of assets locked is at a two-year high. These milestones position Solana as a strong competitor to Ethereum in the DeFi ecosystem.
Bitcoin and the wider crypto market experienced a rollercoaster week, with Bitcoin's price reaching an all-time high before dropping due to inflation concerns, while meme tokens and Solana experienced both gains and losses.
Enterprise software firm MicroStrategy plans to purchase more Bitcoin as the cryptocurrency's price drops below its all-time high, offering $525 million worth of convertible senior notes to fund the acquisition.
The upcoming halving event for Bitcoin is expected to reduce supply growth to below 1% for the first time ever, highlighting the cryptocurrency's scarcity premium and potentially driving the current bull run, especially as institutional investors enter the market.
Best-selling author Robert Kiyosaki predicts that Bitcoin will reach $300,000 this year, citing its limited supply as an advantage over gold and silver, and recommends investing in Bitcoin, gold, and silver as a safe haven in preparation for an impending economic collapse.
Binance, the largest crypto exchange, plans to introduce a USDT-margined BOME Perpetual Contract with up to 50x leverage, as BOME, a meme coin built on Solana, has gained popularity and traders have seen significant profits.
Cryptocurrency trading platform Coinbase has experienced significant growth, with its stock price soaring due to the rising price of Bitcoin and demand for Bitcoin ETFs, as illustrated by CNBC anchor Jon Fortt, who received $1 worth of BTC as a demonstration in 2015 and discovered it is now worth $254.83.
The disgraced CEO of FTX, Sam Bankman-Fried, considered a pivot to conservative politics and appearing on Tucker Carlson's show as part of his efforts to spin his company's bankruptcy and garner support, according to documents submitted by federal prosecutors in his case.
A computer expert who accidentally threw out his Bitcoin fortune worth £1.5 billion is launching a legal battle to retrieve it from a landfill site.
A U.K. court has ruled that Australian scientist Craig Wright is not the creator of Bitcoin or the author of its founding whitepaper, contradicting his claims to be Satoshi Nakamoto.
Bitcoin's fourth halving is expected to have a significant impact due to a convergence of high demand from spot bitcoin ETFs and the supply shock of halving, leading experts to predict long-term price appreciation and not see the halving as a "sell the news" event.
Solana (SOL) is predicted to have more upside potential and is outperforming Bitcoin and Ethereum, while Bitcoin is expected to reach around $80,000, and the native token of Sei (SEI) is on the verge of breaking out to $1.60, according to cryptocurrency analyst Bluntz.
ScapesMania, a crypto gaming project, has seen success with its presale and impressive trading performance, aiming to bridge the gap between gamers and crypto enthusiasts by providing benefits for both groups and merging casual gaming with cryptocurrency.
Solana (SOL) could experience a similar explosive rally to Ethereum (ETH) and increase by approximately 182% from its current level, according to analyst Inmortal. They also suggest that Floki (FLOKI) may fall before rallying and that Chainlink (LINK) could see a 68% rally to $32.
Bitcoin analyst Kevin Svenson predicts that Bitcoin is in the early stages of the fourth level of a parabolic curve pattern, and as it enters this phase, volatility levels will increase, with potential swings in price between $80,000 and $55,000. Svenson's target for Bitcoin based on the current pattern is a price of $90,000, but he suggests that breaking the parabolic trend could lead to a larger trend forming.
Prosecutors are seeking a prison sentence of up to 50 years for FTX founder Sam Bankman-Fried, as victims of the collapse speak out about their financial losses and the impact on their lives.