Cryptocurrency Analysis and News Portal
Bitcoin (BTC) could target a massive $333,000 by May 2022 if the U.S. Federal Reserve provides a "perfect storm" of low rates, a new prediction argues.Updating an uncannily accurate price forecast on Dec. 27, filbfilb, co-founder of trading platform Decentrader, drew dizzying conclusions about BTC price action next year.Analyst: "You
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Following a 17-week run of inflows, outflows from cryptocurrency funds totaled $142 million during the seven days through Dec. 17, according to CoinShares, a digital-asset manager that compiles the industry data. The largest previous outflow on record was in early June, when net redemptions surged to $97 million. Original Source
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Solana’s blockchain performance was reportedly hit by a distributed denial-of-service (DDoS) attack over the past 24 hours. However, the network appears to have remained online throughout.A DDoS attack generally refers to a large number of coordinated devices, or a botnet, overwhelming a network with fake traffic to take it offline.
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LIVE COVERAGE: Tune into our live blog coverage by global policy and regulations managing editor Nikhilesh De.Digital assets will take center stage in front of Congress on Wednesday.The full House Financial Services Committee is set to meet this morning to discuss cryptocurrencies and stablecoins with Circle CEO Jeremy Allaire, FTX
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Looking at the winners and losers of the past week clearly shows that traders endured some serious heat as the total crypto market capitalization dropped by 12.7% when Bitcoin fell to $41,000. This sharp downside move knocked the figure from $2.37 trillion to $1.92 trillion on Dec. 3 and a
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”NFTs and social gaming present two near-term opportunities for luxury brands, allowing them to monetize their vast IP (intellectual property) built over decades,” the report says. Dolce & Gabbana’s sale of nine NFTs for $5.7 million last month shows the huge potential for “virtual and hybrid luxury goods,” and the
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Cryptocurrency fintech startup MoonPay has closed its first-ever venture capital round, reaching $3.4 billion in post-money valuation.The firm officially announced Monday that it closed a $555 million Series A funding round led by prominent industry investors like American investment firm Tiger Global and tech-focused investment manager Coatue. Other participants included
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Keep3rV1 (KP3R) was one of the few altcoins that emerged unscathed from this week’s bearish turn in the crypto market. While many digital assets plunged into the red following the lead of Bitcoin (BTC), which recoiled after recording a new all-time high last week, KP3R added 31.60% against the dollar
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Bitcoin at $100,000 has become somewhat of a generally agreed-upon peak for the current cycle. Various analysts have put the digital asset at this point before the end of the year, painting a rather bullish future for BTC. With Bitcoin’s recent touch at $69,000, this price point is looking more
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Bitcoin (BTC) is still on to run to $90,000 in the coming weeks after “trapping” leverage traders.In its latest market update on Nov. 12, trading platform Decentrader underscored popular sentiment on BTC price action.Update: High timeframes "remain bullish"Despite losing $4,000 in a single day Wednesday and trending sideways since, Bitcoin
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