Bloomberg analysts predict Bitcoin could rise to over $50,000 with halving
The next halving is expected to happen in April 2024, where the reward paid out to miners for mining a new block will be cut in half from 6.25 BTC to 3.125 BTC. Bloomberg Intelligence analyst Jamie Douglas Coutts believes that the upcoming halving is only about 50% priced in by the market. Coutts predicts […]
Bankrupt crypto exchange FTX poised for a reboot with Tribe Capital’s backing!
Tribe Capital, a venture capital firm, has shown interest in leading a $250 million fundraising campaign to reboot FTX, the collapsed cryptocurrency exchange. The report stated that the VC firm had met with FTX’s committee of unsecured creditors to discuss an informal proposal. The revived exchange would continue to use the FTX name, and it […]
SHIB VS LHINU – new sensational meme coin
According to data sourced from CoinGecko, SHIB trading volumes across exchanges hit an impressive $420 million in the last week. Despite its recent pullback, SHIB is still up nearly 40% on the year, and analysts believe it could pop higher given favourable macro backdrop technicals and upcoming ecosystem developments. In addition, major SHIB whales appear […]
Cutting Costs: Solana Unveils New On-Chain Storage Solution!
Solana, a popular layer-1 blockchain, has recently unveiled a new solution that could drastically decrease the cost of storing data on-chain. This exciting development comes in the form of “state compression” technology that will bring down the cost of minting 1 million non-fungible tokens (NFTs) on the network to around 4 SOL or $110. Solana […]
Is billionaire Peter Thiel connected to Bitcoin creator Satoshi Nakamoto?
Billionaire entrepreneur Peter Thiel, known for his involvement in PayPal, has recently made headlines for hinting that he may have met the creator of Bitcoin, Satoshi Nakamoto, at a financial cryptography conference in Anguilla 23 years ago. Thiel’s connection to the PayPal Mafia, E-Gold founders, Balaji Srinivasan, and Elon Musk make it plausible that he […]
Gucci joins forces with Bored Ape creator Yuga Labs for Metaverse project
Luxury fashion brand Gucci has teamed up with renowned NFT issuer Yuga Labs to extend its presence in the metaverse through a partnership that caught the attention of the crypto community. The partnership will see Gucci work within Yuga Labs’ Otherside metaverse, and its 10KTF collection. The move could bring the fashion brand closer to […]
Litecoin (LTC) price analysis and predictions
LTC’s price has dropped below its 50-Day Moving Average and is testing short-term support in the $88 area. A drop below this level could open the door to the next support area in the $75-77 region. Despite the risk of a short-term setback, LTC remains in an uptrend that began in the second half of […]
Meta stops NFTs on Facebook and Instagram: A bold move or a step backward?
Meta, the parent company of Facebook and Instagram, has announced that it will be discontinuing the buying and selling of non-fungible tokens (NFTs) on its platforms. The decision has been met with mixed reactions, with some industry observers criticising the move. According to Stephane Kasriel, the head of commerce and financial technologies at Meta, the […]
Discover what is APY and how earn more on your crypto savings
If you’re a crypto investor looking to earn more on your holdings, you may want to consider opening a cryptocurrency savings account that offers an annual percentage yield (APY). But what exactly is APY and how does it work? APY is a way to measure the interest earned on your money market account over the […]
Tokenization: what is it and how can it benefit your business?
Simply put, tokenization is the process of converting a physical asset or service into a digital token that can be bought and sold on the blockchain. ToTokens can be used as an alternative currency, to pay for goods and services, and even to invest in companies and projects. While tokenization has been mainly associated with […]