Cryptocurrency Analysis and News Portal
In 2018, Kenneth S Rogoff, professor of economics at Harvard University and a former chief economist at the International Monetary Fund, predicted bitcoin was more likely to be worth $100 than $100,000 in a decade.In reality, bitcoin's price rose above $100,000 this year, a 10-fold increase from March 2018's
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Shiba Inu has gained over 2% in the past 24 hours, with bulls defending key support levels on the back of strong volumes.The meme cryptocurrency fell early Wednesday as BTC and the broader market witnessed de-risking ahead of Fed Chair Jerome Powell's impending speech.Buyers, however, stepped in closer to
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YZY Money, a Solana-based memecoin linked to Ye (formerly Kanye West), debuted earlier on Thursday with blistering gains and an equally sharp controversy.Ye’s X account posted about the token in early Asian hours on Thursday, raising immediate concerns about it being a compromised account. It later posted a video showing
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Bitcoin hovered above $113,600 on Thursday after a slight rebound, with traders watching Powell’s address for clues on whether the central bank is ready to endorse rate cuts in September.Solana’s SOL (SOL) and dogecoin led gains among majors with a 4% bump. Gains across XRP , BNB Chain’s
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JACKSON HOLE, Wyo. — U.S. President Donald Trump’s son, Eric Trump, is convinced bitcoin will eventually be worth over $1 million.Trump, who co-founded bitcoin mining company American Bitcoin earlier this year, reiterated his excitement for bitcoin during an appearance at the SALT conference in Jackson Hole on Wednesday.He even
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A group of major altcoins have bounced stronger than bitcoin on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875.Ethereum's
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Tyler and Cameron Winklevoss said they're spending $21 million to continue the crypto policy momentum led by Republican lawmakers, countering a wider industry effort that's carefully supporting politicians from both major parties.The U.S. congressional midterm elections are approaching next year, and they promise an intense political clash that could leave
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Hawkish remarks from the Federal Open Market Committee's late July meeting have — for the moment — put the kibosh on the crypto market's modest attempt at a rally on Wednesday."A majority of participants judged the upside risk to inflation as the greater of these two risks," read the Fed
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Oracle network Chainlink's (LINK) native token showed remarkable strength during the Wednesday session as cryptocurrencies attempted to bounce back from yesterday's carnage.LINK topped $26, gaining 8.3% over the past 24 hours and erasing Tuesday's losses. It vastly outperformed most large-cap cryptos, including bitcoin's (BTC) modest 0.5% and ether's (ETH) 4%
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Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk & Jamie Crawley, reporters at CoinDesk.In this issue:Nasdaq-Listed SoFi Taps Bitcoin Lightning for RemittancesBitcoin DeFi Project Enters Solana with BTC-Backed Token YBTCValantis Acquires stHYPE, Expanding Liquid Staking Reach on HyperliquidHyperbeat Secures
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