Bitcoin is expected to reach unprecedented highs by mid-2024, according to pseudonymous crypto trader Kaleo, who also noted that the cryptocurrency is still trending upward despite recent temporary declines and highlighted the positive performance of major technology corporations as a sign for Bitcoin's potential growth.
Cardano (ADA) and the low-cap altcoin Worldcoin (WLD) may be poised for bullish moves, while Shiba Inu (SHIB) is attempting to break out of a bearish pattern, according to crypto analyst Ali Martinez.
Cardano (ADA) is expected to move higher with no significant resistance barriers in sight, while Worldcoin (WLD) could be on the cusp of a bullish move, and Shiba Inu (SHIB) is attempting to break out of a descending parallel channel.
Bonk (BONK) meme coin and SOL network experience significant gains, while other meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) face declines; Avalanche (AVAX) rises to become the 10th largest cryptocurrency by market capitalization.
Ripple's chief legal officer, Stuart Alderoty, predicts a possible resolution to Ripple’s lawsuit with the SEC in 2024, cautions against the SEC's enforcement strategy, and expects U.S. lawmakers to agree on the need for crypto regulations but predicts a deadlock in implementation, potentially leaving U.S. crypto firms vulnerable.
Bitcoin's winning streak may be pausing, but experts predict a strong 2024 with a surge to $75,000 due to factors like the Bitcoin ETF and halving event.
Solana (SOL) and Aave (AAVE) are predicted to experience significant price surges, according to an analyst who accurately predicted Bitcoin's price floor in 2018, with SOL potentially reaching $140+ and AAVE aiming for $200. Bitcoin and Ethereum, on the other hand, are now seen as bullish after a previous cautious outlook.
Grayscale confirms that retail investors of the Grayscale Bitcoin Trust (GBTC) will not face tax implications when the fund sells Bitcoin to generate cash for share redemptions due to its grantor trust structure.
Bitcoin is revolutionizing the financial technology industry through its decentralized nature and efficient cross-border transactions, offering increased financial security and transparency, and potential for diversifying investment portfolios and fostering financial inclusion.
Several Taiwanese residents have been warned against using the decentralized betting platform Polymarket to wager on the upcoming Taiwan presidential election, as it is illegal and may result in imprisonment or a fine.
The native token of the trading and liquidity platform, WOO Network, has surged by almost 58% following the listing of a new perpetual contract, with additional gains driven by the release of the project's annual report and predictions for its decentralized exchange.
A malicious code was inserted into a JavaScript library used by cryptocurrency wallet maker Ledger, resulting in the theft of over $610,000 worth of crypto tokens; the attack was facilitated by a former employee who fell victim to a phishing attack, and the compromised file was only live for a few hours.
Curio, a company that creates AI-powered toys for children, has collaborated with musician Grimes to launch a line of toys that allow kids to have interactive conversations and practice communication skills, blurring the line between their personal and professional relationship with Elon Musk and his AI venture, Grok.
Shiba Inu (SHIB) enthusiasts have received positive forecasts from Telegaon, indicating that reaching $0.02 may be achievable between 2030 and 2040, instilling hope and optimism within the community.
Jupiter, a Solana-based decentralized finance (DeFi) aggregator, is set to begin its eagerly anticipated airdrop in January, with 40% of the 10 billion JUP tokens being distributed to the Jupiter community and an additional 10% reserved for community contributors and grants.
The Ethereum layer-2 network Arbitrum One experienced an outage for 78 minutes but is now back online, although gas fees are still higher than normal, according to a statement from the network's community manager.
The digital tenge, Kazakhstan's central bank digital currency (CBDC), has been deemed successful following a pilot project, with plans for further business, regulatory, and technical enhancements in 2024.
Polygon Labs is ending support for Polygon Edge, a blockchain template that was used by Dogechain to build their network, and instead shifting focus to Polygon CDK, a framework powered by zero-knowledge cryptography.
Bitcoin, Ethereum, and Dogecoin experienced a decline in prices, but with decreasing volume, suggesting that the crypto sector may be leading the consolidation in stocks rather than indicating a significant market shift.
Bitcoin (BTC) has recovered from its previous year's low and may experience a slight drop in price, while altcoins Fetch.ai (FET) and Cardano (ADA) have risen significantly and are potentially bullish.
Bitcoin's eight-week streak of gains is likely to come to an end as profit-taking and a cooling market cause its price to dip, but experts predict that BTC will hit all-time high prices as spot bitcoin ETF approval and the upcoming halving in April create favorable investment narratives.
A malicious actor exploited a vulnerability in the Ledger hardware wallet's connector library, draining over $650,000 in assets from multiple victims, while Yearn.finance hopes arbitrage traders will return $1.4 million in funds after a multisignature scripting error, and OKX DEX suffered a $2.7 million hack due to a leaked private key.
Robinhood aims to expand its crypto offerings to attract a broader range of investors, including those who care about technical aspects such as underlying protocols and advanced trading features. Despite some wavering, the platform currently offers 14 cryptocurrencies and one stablecoin for trading.
Binance Holdings Ltd. faces a $1 billion lawsuit due to Cristiano Ronaldo's endorsement of the company, which allegedly led to financial losses for plaintiffs and the sale of unregistered securities.
Bitcoin's rally has paused, but a survey shows that 99% of US financial services companies are focusing on crypto projects, and analysts predict a bullish future for Bitcoin and the crypto market in 2024, with Bitcoin potentially reaching $80,000.
Coinbase plans to challenge the SEC's denial of its rulemaking petition in court after the Commission rejected the cryptocurrency exchange's request to clarify new crypto regulations, sparking ongoing clashes over crypto regulation in the US.
The United States Securities and Exchange Commission (SEC) has denied Coinbase's petition for rulemaking on transactions with cryptocurrencies that are securities, citing existing laws and regulations as sufficient and stating that the timing is wrong for the proposed rulemaking.
Ethereum scaling network Arbitrum experienced a temporary outage due to a surge in network traffic caused by inscriptions, resulting in a halt in activity on the blockchain, but the issue has since been resolved and the network is now back up and running.
As the festive season approaches, cryptocurrency investors are eyeing Shiba Inu (SHIB) as a potential opportunity for profits, with predictions indicating a 10% decrease in price on Christmas Eve and a 4% decline on Christmas day, while also being recognized as the most socially active meme coin.
Bitcoin is expected to reach $1 million quickly due to institutional investor influx after the approval of a spot BTC exchange-traded fund, according to JAN3 CEO.
Bitcoin (BTC) dropped below $41,700 as sell-side pressure increased after the SEC rejected Coinbase's request to rework the rules for crypto.
The Arbitrum network experienced a partial outage due to a surge in transaction traffic, causing the sequencer to stall temporarily, leading to chaos and confusion in the community.
Raoul Pal believes that Ripple (XRP) is a once-in-a-lifetime investment opportunity despite the ongoing lawsuit, while Everlodge (ELDG) integrates AI into its platform, attracting real estate investors.
Crypto community members have responded to the Ledger Connect Kit exploit that targeted multiple DApps, with some advising against using Ledger and urging the company to open-source everything, while others criticized Ledger for its lack of operational security.
The ERC-3643 Ethereum Improvement Proposal has been recognized as a standard for tokenizing real-world assets, providing increased security and compliance through a self-sovereign identity framework and permission layers.
The US Securities and Exchange Commission (SEC) is reviewing several applications for a spot Bitcoin ETF following a court ruling in favor of Grayscale's application, with signs that the regulator may be changing its stance on such ETFs.
The Shiba Inu (SHIB) price has broken out of a descending resistance trend line but faces resistance at a horizontal level, with the possibility of a bullish trend if it can break through, according to technical analysis. The price prediction suggests a potential increase of up to 55%, but failure to break out may result in a 17% decrease.
2024 is expected to be an exciting year for gamers, with highly anticipated titles like Prince of Persia: The Lost Crown, Suicide Squad: Kill the Justice League, and Final Fantasy VII Rebirth set to release, along with potential hits such as Princess Peach Showtime and Marvel’s Wolverine.
Bitcoin analyst Kaleo believes that Bitcoin will reach new all-time highs sooner than expected, possibly in mid-2024, and that the recent dip in price was just a healthy correction before continuing higher. He also suggests that the strong performance of the Invesco QQQ Trust (QQQ) indicates potential interest in Bitcoin ETFs, which could receive approval next month. Additionally, Kaleo updates his outlook on Shiba Inu rival PEPE, stating that the scenario of returning to all-time highs is currently invalidated.
SocialFi startup Reach has announced the launch of its fit-for-purpose protocol, aimed at helping users and businesses navigate Twitter's algorithm changes and combat bots, with $1 million in funding from crypto influencers.
The surge in the price of cryptocurrencies like Solana has ignited a frenzy of interest in FTX bankruptcy claims, as the value of FTX's crypto holdings now exceeds its debt, leaving distressed firms scrambling to buy claims at a higher price.
Bitcoin appears to have settled into a new range between $42,000 and just over $43,000, indicating a sideways trend for the remainder of 2023, with no decision on the approval of spot BTC ETFs expected until the new year.
The cryptocurrency market has grown significantly in 2023, with its market cap reaching almost $1.6 trillion, indicating increasing optimism among investors, making Bitcoin the top cryptocurrency to buy due to its impressive performance and potential for further growth, supported by factors such as the upcoming halving event, potential approval of Bitcoin ETFs, and improving inflation data in the US.
Cardano (ADA) has seen a significant price increase, reaching a new yearly high, but short-term indicators suggest weakness; however, if ADA can break above $0.70, it may extend its bullish trend and reach resistance at $0.88.
Elon Musk has rebranded Twitter as X Corp, replacing the bird logo with a black-and-white X, and changing the name of "tweets" to "posts." Several other products and services, including Clubhouse clones, Netflix's DVD business, and Netflix password sharing, have also ceased to exist in 2023.
Blockstream CEO Adam Back predicts that 2024 will be a resurgent period for Bitcoin, as the impact of the COVID-19 pandemic, inflation, and regional conflicts that caused its drop in value over the past two years begins to subside. He believes that Bitcoin's price would have already reached $100,000 if not for these macro factors, and he points to the upcoming halving event and the potential approval of Bitcoin exchange-traded funds (ETFs) as catalysts for further price increases.
Bitcoin miners' revenue is at an all-time high, boosted by increased on-chain fees, while the market cap of BRC-20 tokens surpasses $4 billion since their debut, leading to the emergence of other Bitcoin token standards like ARC-20 and predictions that layer-two solutions such as the Lightning Network will support wider adoption of Bitcoin payments in the future.
MicroStrategy and Riot Platforms offer two different ways to invest in Bitcoin's rally, with MicroStrategy being a software company that hoards Bitcoin and Riot being a leading Bitcoin mining company; however, investing directly in Bitcoin may be a more sensible option.
Buying Bitcoin is a popular strategy for becoming a crypto millionaire, but investing in crypto stocks like Coinbase Global and MicroStrategy, which are highly leveraged to the price of Bitcoin, could potentially outperform Bitcoin and help investors reach millionaire status more quickly.
Two crypto stocks, Coinbase Global and MicroStrategy, have the potential to outperform Bitcoin and help investors on the path to millionaire status. Coinbase benefits from Bitcoin's rally and is attracting retail and institutional investors, while MicroStrategy is highly leveraged to the price of Bitcoin with its large treasury holdings.