Coinbase, a cryptocurrency exchange, has the potential to reach a $1 trillion valuation by 2035 if it maintains its current growth trajectory, with a strong business model and profit margins comparable to existing trillion-dollar companies.
Coinbase Global, a cryptocurrency company, has the potential to reach a $1 trillion valuation by 2035 due to its proven growth, resilient business model, and position in the emerging cryptocurrency industry.
Cryptocurrency trader The Flow Horse remains bullish on the Solana-based Dogecoin competitor, dogwifhat (WIF), predicting a potential increase of over 116% from its current value, while also noting that altcoin price trends will be influenced by Bitcoin's near-term movements.
The launch of the PIXEL token on Binance marks a significant milestone for the blockchain farming game Pixels, which migrated to Ethereum sidechain Ronin for its dedicated gaming audience and the support it offers from the community and experienced developers.
Arcade, the Ethereum-based DeFi protocol for NFT lending, will launch an airdrop of its native ARCD token next week, with 4,000 lucky holders of select NFT and Bitcoin Ordinals collections receiving bundles of 750 ARCD tokens.
Changpeng Zhao, former CEO of Binance, faces a potential sentence of up to 18 months in prison, signaling a significant shift in the cryptocurrency industry's approach to regulatory compliance; prosecutors have emphasized the gravity of Binance's misconduct and the need to safeguard the integrity of the US financial system.
Bitcoin's price has surged over the past week, reaching over $51,000, due to increased interest from big investors and the approval of Bitcoin exchange-traded funds (ETFs), and other cryptocurrencies including Ethereum and Solana have also experienced significant gains.
Bitcoin halving events can have a temporary impact on mining stocks, but ultimately, their performance is tied to the price of Bitcoin and other market factors, making them speculative and volatile investments.
Crypto analyst Altcoin Sherpa believes Fetch.ai (FET) could experience a significant uptrend, while also predicting that Bitcoin (BTC) will reach $58,000 and Chainlink (LINK) will continue to rise in the long term.
Filecoin has announced its integration with the Solana blockchain, aiming to enhance scalability and accessibility by tapping into Filecoin's decentralized storage capabilities, while Solana's native SOL token reacted negatively to the news, declining by 3%.
Bitcoin surged past $50,000, reaching a $1 trillion market valuation, while Nvidia solidified its position as the third-largest U.S. company, prompting investors to reassess the pace of Federal Reserve interest rate cuts; the AI sector is predicted to attract a $1 trillion investment in the next decade, and Tesla's stock may ascend with enhanced Full Self-Driving adoption; concerns arise over a potential bubble in the U.S. tech giants' stocks, and affluent individuals are migrating to tax-favorable states like Florida and Texas; Meta's Quest 3 virtual reality headset is hailed as superior by CEO Mark Zuckerberg.
The host of the Coin Bureau YouTube channel believes that Avalanche (AVAX) could surge by up to 600% due to its mission of tokenizing real-world assets and its focus on GameFi. However, he warns that selling pressure could occur if Terra's Luna Foundation Guard liquidates its AVAX holdings.
Shibarium ecosystem developer K9 Finance will launch a new KNINE utility token, which could potentially bring the price of SHIB to $0.00001 and holders of KNINE tokens will be rewarded with BONE earned from validating Shibarium transaction blocks.
Decentralized finance (DeFi) faces three major roadblocks before it can overcome traditional payments: consumer buy-in and trust, resistance from banks and financial institutions, and lack of clarity regarding government oversight.
A cloud-focused altcoin called Internet Computer (ICP) has surpassed all other crypto projects in terms of recent development activity, with 466.9 GitHub commits in the past 30 days, according to analytics firm Santiment.
Bitcoin miner stocks are outperforming the price of Bitcoin due to the upcoming halving, which will decrease new coin supply and potentially raise Bitcoin's price; however, less efficient miners may struggle to profit post-halving.
U.S. bankruptcy judge grants permission for bankrupt crypto lender Genesis to sell $1.6 billion in Grayscale Bitcoin Trust (GBTC) shares, raising concerns about the potential impact on Bitcoin's price despite experts believing it may not have a significant effect.
The prices and trading volume for the Ethereum NFT collection Moonbirds surged after the announcement of Yuga Labs acquiring the IP for the collection, leading to speculation of insider trading beforehand.
Former president Donald Trump sold over 1,000 Ethereum (ETH) tokens, amassing a large amount of ETH in royalties from non-fungible token (NFT) projects, but missed out on $500,000 in potential profits as the price of ETH appreciated.
The Bored Ape Yacht Club's ApeCoin DAO has selected Arbitrum, developed by Offchain Labs and Horizen Labs, as the Ethereum layer-2 scaling network for its upcoming ApeChain, which is expected to launch in Q2 2024, aiming to reduce costs and inefficiencies on the Ethereum mainnet and cater specifically to the gaming ecosystem.
Warren Buffett, known for his aversion to cryptocurrencies, may change his stance on Bitcoin after a successful investment in Brazilian fintech Nu Holdings, which saw a 93% appreciation in 2023, potentially leading Berkshire Hathaway to explore further investments in crypto stocks or major tokens like Bitcoin.
Liquidity in the cryptocurrency market has improved since the introduction of US spot Bitcoin exchange-traded funds, contradicting concerns about a supply shortage caused by surging demand from the ETFs.
Senator Elizabeth Warren was pranked by an anonymous Bitcoiner who got her to sign a document commemorating Satoshi Nakamoto, revealing that politicians may not always read the documents they sign.
Ethereum co-founder Vitalik Buterin believes that Farcaster, a decentralized social media protocol built on the Optimism network, has the potential to be a viable Twitter alternative due to its emphasis on privacy, user autonomy, and interoperability with other blockchain networks. Despite facing challenges such as declining daily revenue, Farcaster represents the delicate balance between innovation and sustainability in the realm of decentralized social media.
Former President Donald Trump and his companies have been ordered to pay $354.8 million for fraudulent business practices and Trump is banned from the New York real estate business for three years.
J.P. Morgan analyst Kenneth Worthington is skeptical about the true earning impact of Coinbase's involvement with bitcoin ETFs, criticizing the lack of clarity and questioning whether the potential benefits outweigh the potential volume loss in the spot markets.
Yuga Labs has acquired NFT startup Proof, including its Moonbirds collection and Proof Collective membership program, with plans to integrate Moonbirds into its Otherside metaverse game.
BlackRock's iShares Bitcoin Trust (IBIT) is dominating the Bitcoin exchange-traded fund sector, attracting more investor inflows this week than all other recent entrants combined.
Litigious computer programmer Craig Wright called personal witnesses, including his patent lawyer, ex-co-worker, and younger sister, to support his claim of being the pseudonymous Bitcoin inventor Satoshi Nakamoto, with his sister testifying that she believes he is Satoshi based on his eccentric behavior and interest in martial arts.
Investors are anticipating the upcoming bitcoin halving in April, as historical data suggests that the cryptocurrency typically experiences significant price increases following halvings. Analysts predict that the next halving could push bitcoin to a new all-time high, despite its current value being 25% lower than its peak in 2021.
John Deaton, a cryptocurrency attorney and advocate, is planning to challenge Senator Elizabeth Warren in the upcoming election, with Deaton expressing his desire to campaign against what he calls a "government overreach hack."
Bitcoin's surge past $50,000 per coin has led to gains among Bitcoin stocks, with Riot Platforms up 2%, Marathon Digital up 3.5%, and Coinbase up 15%, while Microstrategy and HIVE Blockchain are slightly down; the upcoming halving and the rise of Bitcoin exchange-traded funds are driving the increase in Bitcoin demand, and predictions suggest that further gains are on the horizon with estimates of $120,000 per coin and beyond.
US SEC fines VanEck $1.75 million for failing to disclose a social media influencer's involvement in the launch of its VanEck Social Sentiment ETF, which tracks investor sentiment based on social media content, news articles, and blog posts.
Digital bank Revolut is launching a cryptocurrency exchange aimed at advanced traders, offering lower fees and enhanced market analytics.
Bitcoin may reach a new all-time high as it attracts liquidity from other digital assets, according to a popular crypto trader, The Flow Horse, who predicts a potential gain of more than 27% for Bitcoin and expresses bullish sentiments towards the native tokens of NFT marketplace Blur and modular blockchain Dymension.
The trial to determine if Craig Wright is the creator of bitcoin entered its second week, with witnesses including Wright's sister testifying and his credibility being called into question by the opposing lawyers.
Former FTX boss Sam Bankman-Fried may receive a lighter sentence for his fraud conviction due to the likelihood that customers of the bankrupt exchange will be fully compensated as a result of the rise in cryptocurrency markets, despite the payments coming after the offense was detected.
Cathie Wood, CEO of Ark Invest, believes that the optimal allocation for Bitcoin in portfolios is around 5%, as it has shown to be both a risk-on and flight-to-quality asset that is becoming increasingly scarce, with potential for higher returns and diversification benefits for institutional investors.
Polygon (MATIC) price is testing a long-term resistance trend line that has been in place for nearly 800 days, and if it breaks out, it could see a price increase of over 600% and potentially reach $1, according to cryptocurrency trader CryptoFaibik. However, failure to break through the resistance level could result in a 20% drop to the closest support at $0.73.
Open AI's text-to-video model Sora has garnered viral attention and led to the launch of a Sora memecoin, which experienced an astonishing 469,000% surge in value within its first 15 hours, highlighting the growing trend of memecoins capitalizing on popular topics.
Coinbase Global issued a correction in its annual report after missing a reference in their accounting firm's consent, but the oversight has been rectified without affecting the previously disclosed financial results.
Bitcoin has reached new highs, surpassing $50,000 per bitcoin and becoming a $1 trillion asset again, prompting predictions of a potential $6.9 trillion earthquake in Wall Street if a spot bitcoin ETF is approved.
The Uniswap Foundation has released its roadmap for Uniswap Version 4 (V4), a planned upgrade that aims to enhance security and efficiency in the decentralized finance (DeFi) sector, with extensive audits and new features such as modular design and dynamic fees.
Altcoins surged in the past week, with VeChain's VET leading the gains at 65%, while Bitcoin added 11%; MicroStrategy's Bitcoin holdings climbed above $10 billion, accumulating a profit of over $4 billion; and Coinbase shares surged after beating analysts' estimates for Q4 earnings and revenue.
Bitcoin has held steady at $52,246.31 with a 0.3% drop from the previous day, but it has seen a 12% gain in the past week and a rebound in weekly trading volume, suggesting trader optimism and potential for further growth in the coming months. Additionally, there has been significant interest in U.S. spot Bitcoin ETFs, with 100,000 BTC in flows and competition among issuers. Bitcoin volatility has also decreased due to increased liquidity on exchanges.
Blockchain network Aptos has partnered with budget smartphone manufacturer Jambo to launch the JamboPhone, a $99 smartphone aimed at bringing digital advancements to users in Africa, Southeast Asia, and Latin America, with pre-installed applications including an Aptos-compatible wallet and a comprehensive introduction to Web3.
Crypto analyst Nicholas Merten believes that Stacks (STX), a project built on the Bitcoin blockchain, has significant upside potential and may continue to climb in value due to its alignment with the Bitcoin narrative and the formation of a bullish pattern against Bitcoin.
The price of Dogecoin (DOGE) is approaching a long-term resistance level after breaking out from a short-term diagonal resistance, with bullish indicators suggesting a potential trend continuation, but a close below a key support level could trigger a decrease.
Dow Jones futures are slightly lower, while S&P 500 futures and Nasdaq futures are slightly higher, with Coinbase, Roku, DraftKings, and Applied Materials making significant moves in earnings.
Bitcoin's recent surge above $50,000 is unusual because it is happening alongside a strengthening US dollar and higher Treasury yields, suggesting that safe-haven demand from countries like China and Nigeria could be driving the rally.