Crypto analyst Kaleo predicts that Avalanche (AVAX) could surge by approximately 134%, Dogecoin (DOGE) may experience a "violent move" against Bitcoin (BTC), and Solana (SOL) could appreciate by around 15% from its current level.
Bitcoin's overbought RSI signals caution to short-term traders looking to chase the price rally, suggesting a potential temporary price correction.
Bitcoin is showing signs of heading towards a peak, while the stock market could potentially crash, causing concern for retail investors.
Major cryptocurrencies experienced mixed trading on Thursday, as Bitcoin and Ethereum took a breather, signaling the start of profit-taking, while Dogecoin saw gains; Bitcoin reached a new high of $64,000 but also faced $339.26 million in liquidations, and altcoins are predicted to see positive movement with potential returns of 2-4x.
A group of state attorneys general, along with industry lobbyists, argue that the U.S. SEC exceeded its authority in suing crypto exchange Kraken, claiming that cryptocurrencies are not automatically securities and that the SEC's attempt to regulate them as such could harm consumers and preempt state laws.
U.S. Securities and Exchange (SEC) Commissioner Hester Peirce expressed frustration with the SEC's enforcement approach towards crypto and stressed the need for clearer regulations in the industry during her speech at ETHDenver. Peirce emphasized that the current lack of clarity puts unnecessary pressure on crypto developers and investors to avoid lawsuits instead of focusing on innovation and growth.
Yuga Labs opens the Otherside metaverse game world for Bored Ape Yacht Club NFT owners in a limited-time event called "Apes Come Home," offering a preview of the game and its features.
StarkWare's developer firm, known for layer-2 network Starknet, is creating a new cryptographic prover called Stwo, which aims to lower transaction costs, reduce fees, and speed up transactions by generating faster proofs for layer-2 networks.
These three altcoins, Solana (SOL), Dogecoin (DOGE), and The Graph (GRT), are showing bullish formations against Bitcoin (BTC) and have the potential to outperform it in March 2024.
Wells Fargo and Bank of America's Merrill are offering bitcoin ETFs to clients, reflecting the growing acceptance of cryptocurrency as a legitimate investment opportunity by mainstream brokerage platforms.
Vanguard CEO Tim Buckley, who has been against spot bitcoin ETFs, is set to retire, leading to speculation about a potential change in Vanguard's stance on cryptocurrency under new leadership. However, the company's success with its S&P 500 Index ETF suggests it may not need to venture into bitcoin.
Blast, an Ethereum layer-2 scaling network, has launched its mainnet, unlocking over $2.3 billion worth of crypto funds that were previously locked up for staking and airdrop rewards, but the total amount has now fallen below $1.9 billion amid controversy over the launch.
Bitcoin surged over 40% in February, but trading exchange Coinbase and miner Marathon Digital Holdings had even greater gains of 59% and 45% respectively; enthusiasm for bitcoin is also driving up related stocks, with increased interest in bitcoin ETFs.
Bitcoin is expected to experience a correction before reaching a new record high, according to Mike Novogratz, CEO of Galaxy Digital, who predicts a potential fall to the mid-$50,000s before a surge to new highs, as spot bitcoin ETFs attract more retail investors and drive price discovery, ultimately propelled by a shift in baby boomer wealth into the cryptocurrency.
Bitcoin's price, which has reached new highs above $63,000, could potentially drop to $42,000 due to the upcoming halving event, causing a decline in the Bitcoin network's hashrate and impacting profitability for miners.
Gaming token and cross-chain platform Portal has made its debut, rewarding airdrop farmers and Binance token stakers and launching staking rewards, with the token currently priced at $2.54 per token and a market cap of approximately $425 million.
Metis and Chainlink have officially integrated Chainlink CCIP as the canonical token bridge infrastructure, allowing secure cross-chain interoperability and enhancing the user and developer experience on the Metis network.
Meme coins, inspired by popular memes and cultural references, attract gamblers and bring joy to some, but they also pose risks as they often lack utility and have short shelf lives, with developers cashing out instead of reinvesting profits into on-chain infrastructure, creating limited liquidity and potential losses for investors.
Investors may soon prefer trading digital gold over physical gold, as Bitcoin could surpass gold as a store of wealth, according to Mike Novogratz, CEO of Galaxy Digital. He believes that the accessibility of Bitcoin to both institutional and retail investors, along with the potential allocation of baby boomer wealth, could drive trillions of dollars into the cryptocurrency. However, Novogratz also warns of a possible Bitcoin price correction in the near future.
Bitcoin's price surged over $60,000 and Coinbase's app crashed, Telegram introduced ad revenue sharing using toncoin, and Nigerian crypto users faced difficulties with certain exchanges.
BlackRock's Bitcoin exchange-traded fund (ETF) received over $612 million in inflows, with a total of $3.3 billion in assets under management, while other Bitcoin ETFs collectively experienced $673.4 million inflows, although Grayscale's Bitcoin fund saw outflows of $216 million.
The US government now holds over 194,000 Bitcoin, worth $12 billion, due to seizures from criminal enterprises and the appreciation of Bitcoin's price.
Merrill and Wells Fargo are reportedly offering their wealth management clients access to Bitcoin spot ETFs, indicating that retail investors are starting to participate in the red-hot investment trend.
BlackRock's bitcoin ETF, IBIT, is among the top 10 most-traded ETFs and has seen significant trading volume and net inflows, along with other spot bitcoin ETFs such as Grayscale's GBTC and Fidelity's FBTC.
Wealthy corporations, investment banks, and financial giants like Grayscale, BlackRock, and Fidelity are investing billions of dollars into Bitcoin, with estimates suggesting that they now hold about 4.5% of all bitcoins, raising concerns about a consolidation of power and wealth and the deviation from Bitcoin's anti-establishment ethos. Additionally, there are approximately 10.5 million bitcoins held by the general public, representing about 50% of all bitcoins in existence.
Robinhood will allow users of its Robinhood Wallet to access swaps on Arbitrum, a layer-2 blockchain, enabling low-cost in-app swaps for a wider audience of traders.
Bitcoin may experience a significant market correction, potentially dropping to around $43,000, according to investor Brian Kelly, who believes that this could lead to a rotation trade where money flows into other digital assets like Solana and Chainlink.
Convicted fraudster Sam Bankman-Fried, facing over 100 years in prison, has been giving investment tips to jail guards, recommending the purchase of the digital currency Solana, while he awaits sentencing at the Metropolitan Detention Center in Brooklyn.
Bitwise's chief investment officer, Matt Hougan, anticipates a surge in demand for spot bitcoin ETFs as major U.S. wirehouses, such as Bank of America and JPMorgan, are expected to begin offering these funds to clients in the near future.
Solana (SOL) has surged to a 22-month high, up 16% in the past 24 hours, as interest in cryptocurrencies beyond Bitcoin grows, driven by factors such as the approval of Bitcoin exchange-traded funds and excitement over the upcoming Bitcoin halving event.
Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has reached a settlement with the New York State Department of Financial Services (NYFDS) to return $1.1 billion to customers after being sued for improperly funneling user funds to a cryptocurrency lending firm.
The upcoming halving event in April is expected to negatively impact the profitability of bitcoin miners, potentially causing the bitcoin price to drop to $42,000 afterwards, according to a research report by JPMorgan. Larger publicly listed miners are expected to be better positioned to weather this change.
Dogecoin has experienced a surge in price and open interest, leading to discussions of a potential 300% bull run, as meme tokens gain popularity and investors show increasing interest in leveraging these tokens within blockchain ecosystems.
Dog-themed meme coins like BONK, Dogecoin, and Shiba Inu are stealing the show in the crypto market with massive gains, driven by the current bullish trend and their dependence on market sentiment.
Gemini, the cryptocurrency firm founded by the Winklevoss twins, has agreed to pay a $37 million fine and return at least $1.1 billion to customers of its failed lending program, "Earn," due to significant compliance failures and the bankruptcy of its lending partner Genesis.
Shiba Inu price predictions indicate a potential rally, with estimates suggesting a new all-time high of $0.0001206 and a high of $0.0000571 in 2024.
Coinbase is launching two new wallet solutions, a smart wallet and embedded wallets, to simplify the onboarding process for new cryptocurrency users by providing a seamless and user-friendly experience.
The Polygon (MATIC) price has broken out from a long-term resistance line, but whether it will successfully continue its upward movement or face rejection remains uncertain.
BlackRock's iShares Bitcoin Trust attracted $520 million in a single day, making it the second-largest daily inflow for a US ETF, as Bitcoin rallies toward its previous all-time high.
The global cryptocurrency market has the potential to become the 12th sector of the S&P 500 within the next five years due to factors such as widespread adoption, stablecoin popularity, political influences, success stories like MicroStrategy's, and the approval of Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC).
Immutable Games has launched the mobile version of its NFT trading card game, Gods Unchained, allowing players to enjoy the game on iOS and Android devices with features such as ranked and casual play, deck-building, and wallet integration.
Coinbase, Marathon Digital, CleanSpark, and MicroStrategy outperformed Bitcoin in February, with gains of 56%, 75%, 125%, and 92% respectively, benefiting from their proximity to the world's largest cryptocurrency.
Bitcoin surges above $62,500 on institutional participation and speculation ahead of the halving event, while Marathon Digital reports strong Q4 earnings and Coinbase experiences technical issues due to increased traffic.
Bitcoin has surpassed the Russian ruble to become the 14th largest currency in the world by market cap, thanks to its recent surge and performance against global currencies.
Bitcoin's price has risen 6.8% to $62,992, reaching highs near $64,000, with a 21% gain for the week, while the cryptocurrency's 30-day volatility has surged to 46%; activity in the crypto derivatives market has increased, and bitcoin miners are selling more of their coins; Morgan Stanley is reportedly considering offering spot bitcoin exchange-traded funds (ETFs) to its customers.
The cryptocurrency XRP, also known as Ripple, faces limitations and uncertainties that make it unlikely to be a millionaire-maker for investors.
Bitcoin could potentially surge by over 200% this year, reaching between $150,000 and $200,000, according to a venture capitalist, with the price expected to quickly skyrocket to $90,000 once it surpasses $70,000.
El Salvador President Nayib Bukele claims that the country is up over 40% on its bitcoin investment as the cryptocurrency surges past $60,000 for the first time since November 2021, potentially resulting in a tidy profit if the country were to sell.
Solana-based gaming platform MixMob has acquired the licensing rights to the Original Stormtrooper character from Star Wars and plans to include it as a non-fungible token (NFT) in its card racing game, Racer 1, starting in the second quarter, with plans to secure three more licenses in 2024.
HSBC Hong Kong is planning to introduce tokenization technology to expand investment opportunities for its customers, aligning with Hong Kong's trials with digital Yuan and aiming to enhance cross-border digital payment systems significantly. This move is supported by the Hong Kong Monetary Authority and the Securities and Futures Commission in establishing a regulatory framework for real-world asset tokenization. The potential for this market is estimated to reach $16 trillion by the end of the decade, according to the Boston Consulting Group. Hong Kong is also advancing its CBDC program and efforts to challenge the dominance of the US dollar in international settlements, while leading in green bond tokenization and establishing a responsible virtual asset market through regulations.