Tom Lee Predicts Bitcoin’s Price Will Hit $150,000 By End Of 2024
Fundstrat analyst Tom Lee believes Bitcoin (BTC)’s price could reach $150,000 by the end of the year, rising 3X from its current value. His bullish prediction is based on two simple factors: rising demand due to Bitcoin ETFs, and falling supply
STRK Token Claims Surge to 420M in a Day as Starknet Blockchain Transactions Reach Record High
Starknet, an Ethereum layer-2 scaling protocol, commenced the distribution of its native network token, the STRK token, on February 20, witnessing a substantial uptake with millions of tokens claimed upon the launch of the provisions portal. The newly released STRK tokens
South Korean Crypto Chat App Channel Scams on the Rise, Warn Police
South Korean crypto scammers are targeting chat app users on trading- and investment-themed channels, police warned on February 21. Per News1 and Daejon Ilbo, the Sejong South Police Station announced it was investigating multiple cases. The agency said that it had “received
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board. Froehlich previously served as the global head of digital asset solutions
‘Western Agencies Using Crypto to Fund Spies in Russia,’ Lawmaker Claims
Spies and “agents” from Western countries are using crypto to fund their operations, a leading Russian lawmaker claimed. Per News.ru, the comments came from Andrei Lugovoy, the First Deputy Chairman of the State Duma’s Committee on Security and Anti-Corruption, during a
Spot Ether ETF Applications Prompt S&P Alarm on Ethereum’s Concentration Risks
S&P Global warned on Tuesday that approving proposed Spot Ethereum ETFs in the US could worsen the network’s concentration issue by centralizing staked tokens among a few providers. Certain proposed US spot ether ETFs, including applications from Ark Invest and Franklin
South Korean Province Collects $4.6M in Taxes Using Crypto Tracking System
South Korean province of Gyeonggi is utilizing a clever new system to catch tax dodgers hiding their wealth in cryptocurrency. The innovative approach has already recovered a total of $4.6 million in owed taxes from just one group of delinquents. Previously,
Why Finland Could be Europe’s Next Crypto Mining Giant
Finland is emerging fast as an attractive place for crypto mining due to its relatively cool climate, which helps with cooling mining rigs, and its abundant renewable energy sources. Additionally, Finland has a stable political and economic environment, which can be
Biden faces major challenge on Gaza in next week’s Michigan primary
A Michigan group backed by prominent state and local lawmakers is making a last-minute push to get 10,000 Democrats to vote “uncommitted” in the state’s primary next Tuesday as a warning to President Biden that his support for Israel and
Younger people are less likely to express worry about American democracy
President Biden’s reelection campaign is hoping to frame his expected November rematch against Donald Trump in near-apocalyptic terms: A vote for Trump is a vote for the end of American democracy. Biden hopes to leverage the same hostility to Trump that