BTC’s Bullish Outlook Amid $42K Consolidation
BTC’s Bullish Outlook Amid $42K Consolidation Quick Look Climbing to $42,830, BTC sparks debate as Cathie Wood heralds it as the digital age’s gold. Immediate sentiment was guided by a pivot at $42,208, with resistance and support levels highlighting market dynamics. In the ever-evolving
Will the Tokenization of Debt Trend Gain Momentum in 2024?
The tokenization trend continues to gain momentum in 2024 with the primary focus being on digital assets and payment systems. The tokenization of debt, derivatives, and structured products requires converting these instruments into digital tokens on the blockchain or distributed
Kraken’s Security Team Keeps a Low Profile on Social Media By Design
Crypto exchange Kraken is prioritizing security and ensuring its security team maintains a low public profile. Chief security officer Nick Percoco recently told Financial News that his 400-member team is encouraged to refrain from using social media. This strategy is aimed
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development
Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (DePIN). The distribution of PURSE tokens leverages DePIN technology to reshape
Bitcoin Price Prediction: BTC Consolidates Near $42,830 Amid Cathie Wood’s Gold Comparison
Bitcoin price prediction; February 6, 2024 Bitcoin price prediction remains bullish as BTC‘s climb to $42,830 ignites discussions, with Cathie Wood championing it as the new gold, reshaping investment strategies in the digital age. Market sentiment appears cautiously optimistic as influential voices
Could this $0.1 token be the next big thing after Solana (SOL)?
The world of cryptocurrencies is ever-evolving, with new projects and tokens constantly emerging, each vying for a chance to become the next big success story. While established cryptocurrencies like Bitcoin and Ethereum continue to dominate the market, newer tokens have
US Treasury Secretary Yellen Highlights Crypto Risks, Urges Legislation
U.S. Treasury Secretary Janet Yellen, leading the Financial Stability Oversight Council, addressed lawmakers about the risks cryptocurrencies pose to the U.S. financial system and called for regulations. During the presentation to the House Financial Services Committee, Yellen detailed concerns over the
Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap
Ethereum (ETH) co-founder Vitalik Buterin and the Ethereum Foundation are actively considering multiple strategies to reduce Ethereum’s maximum block size. Their goal is to optimize the blockchain for the “rollup-centric roadmap,” which emphasizes the use of rollups for scaling and improving
Shareholder Sues Crypto Mining Firm Over Unrealistic Pre-IPO Claims
A shareholder sued crypto mining firm Stronghold’s senior officials, claiming that they made impractical pre-IPO pledges. Glenn Bruno’s Friday complaint targets Stronghold’s officers and directors for alleged legal violations between July 2021 to March 2022. The violations include breaches of fiduciary duty
BitMEX Co-Founder Arthur Hayes Sees Bitcoin Price Hit $1 Million on Bank Bailouts
BitMEX co-founder and former CEO Arthur Hayes earlier posted on X a scenario where he sees Bitcoin price touching $1 million. Hayes tweeted that Federal Reserve Chairman Jerome Powell is saying US banks are strong to very strong, but NYCB (New