Seasoned trader Peter Brandt has changed his outlook on Ethereum (ETH), withdrawing his bearish stance as the altcoin moves above resistance, but still sees potential for Solana (SOL) to continue rising.
Top trader DonAlt predicts that the approval of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) will likely lead to increased volatility in BTC, with the possibility of a brief rally followed by a substantial correction. However, DonAlt believes that the companies behind the ETF will support the next upward movement of Bitcoin.
The native token for Raydium, a decentralized exchange built on Solana, has surged by over 95% in one week due to the network's rapid growth and increase in total value locked.
Whales have been accumulating XRP, purchasing over 360 million tokens worth $223 million, despite a slight downturn in price; meanwhile, Ripple rejects the SEC's settlement offer and maintains that XRP does not qualify as a security.
The U.S. SEC has fined BarnBridge DAO and its founders over $1.7 million for allegedly offering unregistered crypto asset securities through its decentralized finance protocol, SMART Yield bonds.
Sol, the native token of the Solana blockchain, surpassed $100, reaching a price not seen since Terra's collapse 18 months ago, with its value increasing more than tenfold in 2023 and up over 70% in December alone, driven by speculation and the popularity of dog-themed memecoins and airdrops.
The U.S. Securities and Exchange Commission (SEC) has admitted to providing inaccurate information in a crypto fraud case, stating that one of its lawyers made a misrepresentation during a hearing regarding the alleged misappropriation of funds by Digital Licensing Inc.
Arthur Hayes, the founder of BitMEX, expresses a negative view of Solana and sells his SOL holdings to acquire more Ethereum after receiving a divine message while meditating, predicting a potential surge in Ethereum's value towards $5,000. However, despite Hayes' bearish sentiment, Solana has shown impressive price performance and growth in its ecosystem, with its decentralized finance (DeFi) ecosystem witnessing a resurgence and its trading volume surpassing that of Ethereum. Additionally, Solana has established significant partnerships with global financial institutions.
Worldcoin has announced a Minecraft integration that utilizes its World ID credential system to authenticate players and enhance server security, despite Minecraft's previous ban on cryptocurrency and NFT integrations.
Bitcoin hit $44,000 per coin and an ETF approval from BlackRock may be closer, while Ethereum and Solana also experienced significant increases in price, along with their associated scaling solutions and meme coins.
The launch of spot Bitcoin exchange-traded funds (ETFs) could potentially lead to the destruction of Bitcoin as traditional asset managers acquire the majority of BTC and people choose ETFs over holding Bitcoin directly, warned BitMEX founder Arthur Hayes. However, despite this warning, firms like BlackRock are still pursuing the approval of spot Bitcoin ETFs with proposals for funding and revised filings.
Former Goldman Sachs executive Raoul Pal predicts that Ethereum (ETH) will outperform Bitcoin (BTC) in 2024 due to favorable macroeconomic conditions and liquidity leading the risk curve.
The gaming industry has experienced a significant rise in generative AI tools alongside numerous industry layoffs, prompting concerns among industry talent about the future impact of AI adoption and its potential to replace human workers. While some industry professionals believe that AI can revolutionize game development and increase productivity, others, including gamers and voice actors, have expressed skepticism and fear of losing job opportunities.
Stock indices achieve eighth straight week of gains, PCE inflation decreases, and bullish and bearish predictions for Apple, Tesla, Bitcoin, Dogecoin, oil prices, Ethereum, and Roku are shared.
Bitcoin has surpassed $40,000 and Avalanche has experienced a strong rally, while Borroe Finance's presale has raised over $2 million as investors show interest in alternative digital currencies.
The Arbitrum gaming network Xai has scheduled its first token airdrop for December 27, distributing tokens to NFT owners and Xai Sentry Key holders.
Bitcoin and other altcoins could see a sharp downward trend and reach new lows, according to crypto trader Capo, who cites resistance zones and Elliott Wave theory to support his prediction.
Nigeria has lifted restrictions on banks handling cryptocurrency transactions, leading to increased interest in Bitcoin and crypto in the country as people seek to hedge against the devaluation of the naira and economic decline.
Bonk (BONK), Coq Inu (COQ), and Snek (SNEK) are leading the trend of meme coins, while newcomers NuggetRush (NUGX) and RebelSatoshi aim to enter the meme coin space.
Shiba Inu's recent surge in functionality and use cases is unlikely to be enough to stimulate the demand needed for the meme coin to reach a value of $1 per token, primarily due to its massive token supply and the extreme increase in market cap that would be required.
Shiba Inu's recent functionality upgrades and initiatives may not be enough to help it reach $1 due to its massive token supply and lack of substantial use cases, making it unlikely to ride the crypto bull run in 2024.
Chainlink's release of Staking v0.2 attracts strong community excitement and showcases the platform's potential, with over 11 million LINK staked within 30 minutes, while Bitcoin Minetrix's innovative "Stake-to-Mine" mechanism gains attention with a successful $5.8 million presale.
Fantom (FTM) has surpassed a key resistance level, signaling a potential 35% surge, while Polygon (MATIC) faces a tough supply wall that it needs to overcome in order to reach new heights, according to cryptocurrency analyst Ali Martinez.
The upcoming halving and potential spot ETF are expected to impact bitcoin's price, with the largest generational wealth transfer and increasing mainstream adoption playing a significant role in its future growth, according to Thomas Perfumo, head of strategy at Kraken.
Three digital assets, Ethereum (ETH), Shiba Inu (SHIB), and Fetch.ai (FET), are experiencing a decrease in supply held on exchanges by their top 10 holders, signaling long-term bullish prospects, according to cryptocurrency analytics platform Santiment.
Optimism's Ethereum layer-2 scaling solution has seen a 391% increase in addresses since January, with over 5.9 million addresses holding a balance, although it lags behind rival Arbitrum in terms of daily transactions.
Bitcoin and other cryptocurrencies have experienced a surge in value, driven by optimism surrounding the approval of an exchange-traded fund (ETF) by US regulators, with smaller tokens also benefiting from increased risk-taking by investors, while the decentralized finance sector and nonfungible tokens (NFTs) show signs of recovery; however, the market still faces challenges such as liquidity and the aftermath of regulatory issues.
Hashdex, the issuer of a proposed bitcoin exchange-traded fund (ETF), has changed its custodian to BitGo and renamed its ETF, as it hopes for approval for the first spot bitcoin ETF in the US in early 2022.
Argentina will recognize contracts denominated in Bitcoin and other digital assets, according to a top official, potentially following in the footsteps of El Salvador in making Bitcoin a legal tender.
The altcoin market cap is predicted to reach new all-time highs, with Polkadot experiencing a 66% rally, while Bitcoin is rebounding from the $41,200 price zone.
Real-world asset tokenization is set to reshape the financial landscape in 2024 with trends such as the growth of stablecoins, tokenized treasuries, decentralized private credit, backed NFTs, consumer brand NFTs, DeFi in climate and regenerative finance, and tokenized deposits/wholesale bank settlements, offering solutions to longstanding challenges and paving the way for a more inclusive, efficient, and sustainable financial future.
ARK Invest CEO Cathie Wood is focusing on innovation and technological advancements during the anticipated deflationary period in 2024, diversifying her portfolio and increasing her focus on companies at the forefront of AI and gene editing technologies.
Billionaire investor Stelian Balta believes that Fantom is the most undervalued layer-1 project due to its exceptional uptime, highest scaling ceiling, and its innovative approach to accelerators, positioning it as a leader in fostering innovation in the blockchain space. He also predicts global acceptance of Bitcoin and its potential impact on nations and companies, including its role as a treasury reserve asset.
NFT-based brand building is expected to drive Web3 adoption in 2024, with a focus on producing and selling NFTs in larger quantities at more affordable prices, targeting a broader consumer market and emphasizing direct value creation rather than speculation.
Solana's decentralized exchange (DEX) volume has surpassed Ethereum's for the first time, reaching $1.5 billion in the last 24 hours, fueled by meme coin mania and a thriving DeFi ecosystem.
Insomniac Games issued a statement acknowledging the cyberattack on their studio, expressing their distress and confirming the leaked sensitive data, but reassuring the public that their upcoming Wolverine game will proceed as planned despite the attack.
Ethereum (ETH) has surged 4% in 24 hours, reaching a trading price of $2,324, following the announcement of upcoming upgrades to reduce gas fees and improve scalability, while other cryptocurrencies like Optimism, Arbitrum, and Polygon's MATIC also experienced positive gains. Solana (SOL) continues its rise, approaching a $100 per coin price, and there has been a shift towards Solana in the DeFi space, although Ethereum still holds the lead in NFT trading volume. Bitcoin (BTC) remains steady but has shown overall growth in the past month.
The perception of crypto as a scam is changing due to the emergence of real builders and the focus on real-world assets and use cases, expanding the market and creating opportunities for both crypto-natives and non-crypto-natives. Tokenization of assets offers increased transparency, better tracking, and democratization of access to illiquid assets, while creating new asset classes. This movement will revolutionize investments and change the perception of crypto as a whole.
Plug Power underwent analysis by 22 analysts in the last quarter, with ratings ranging from bullish to bearish, and the average price target for the stock is $7.96, indicating a decline from the previous average target.
USDC stablecoin issuer Circle has been granted conditional registration as a Digital Asset Service Provider (DASP) by financial markets regulators in France, allowing it to operate as a crypto trading platform and provide digital asset custody services once it secures an Electronic Money Institution license.
Shares of Marathon Digital Holdings Inc. are on track to extend their win streak to a record nine sessions, despite a decline in bitcoin, as the correlation between Marathon's stock and bitcoin continues to weaken.
Crypto project BarnBridge DAO and its founders have agreed to pay $1.7 million to settle charges from the SEC that they offered illegal crypto securities to US investors, resulting in the shutdown of their SMART Yield investment product. This marks one of the first cases involving a decentralized autonomous organization (DAO) being targeted by the SEC, highlighting the regulatory challenges faced by these entities in the crypto space.
Elon Musk is close to launching payments on X (formerly Twitter) but is no longer as interested in incorporating cryptocurrencies, despite his previous support for Dogecoin. Musk stated that he doesn't spend much time thinking about cryptocurrency and believes fiat currency works fine as long as governments don't meddle too much, surprising considering his past involvement in the crypto market.
Coinbase has obtained a virtual asset service provider license in France, allowing it to offer crypto services in the country, and the lack of regulatory clarity in the US has prompted Coinbase to explore international opportunities; however, their stock price increase is also attributed to the strong performance of crypto assets and the anticipation of a spot bitcoin ETF approval, with the expectation that Coinbase will expand beyond trading and provide more crypto use cases to further drive growth.
El Salvador has passed a law offering expedited citizenship to foreigners who contribute to government programs through Bitcoin donations, marking a groundbreaking step in merging cryptocurrency with immigration policy.
The Argentinian government's confirmation that contracts can be agreed in Bitcoin has sparked optimism and excitement in the crypto community, with industry leaders anticipating a vibrant and innovative future for cryptocurrencies in the country.
Hong Kong regulators, the Securities and Futures Commission (SFC) and the Monetary Authority (HKMA), are ready to accept applications for Spot Crypto ETFs, as the country shifts its approach towards cryptocurrency investment and regulation.
The Epic Games Store has made an exception to its content policy, allowing blockchain games with an Adults-Only rating due to their use of blockchain or NFT tech to be listed on the platform.
Bitcoin traded slightly lower, but Ethereum moved higher as optimism was the top gainer and Sei was the biggest loser in the cryptocurrency market. Additionally, the core PCE prices in the US rose slightly in November, and the global crypto market cap increased to $1.66 trillion.
Paxos, the leading regulated stablecoin issuer, has received regulatory approval to expand its products to the Solana blockchain, a move that sets it apart from competitors like Circle and Tether and positions it for further growth in the stablecoin market.