The Solana Foundation has given its take on the offensive meme coin issue that originates on the Solana blockchain. Austin Federa, head of strategy at the Solana Foundation, sustained that the core components of Solana should be permissionless while blocking some of these offensive assets should be left to individual applications. Solana Unlikely to Deal […]
Cryptocurrency
Bitcoin price edges toward Q2 at $70K with all-time highs a key focus
Bitcoin returned to $70,000 after the March 29 daily close as traders counted down the final hours of a roaring Q1. BTC/USD 1-hour chart. Source: TradingView Fed’s Powell reinforces “careful” position on rate cuts Data from Cointelegraph Markets Pro and TradingView showed old all-time highs at $69,000 forming tentative BTC price support into the weekend. Bitcoin gained around $1,000 […]
Bitcoin could soar to $150,000 this year, hedge fund manager Mark Yusko predicts
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. “Bitcoin is the king. […]
Are Spot Bitcoin ETFs Just the Beginning for Wall Street?
The success of the new spot Bitcoin ETFs could unlock a new era of blockchain-based investment opportunities. The new spot Bitcoin (BTC 0.15%) ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on […]
Despite Warren Buffett’s Warnings Calling Bitcoin ‘Rat Poison,’ Berkshire Hathaway Continues Profiting Off Crypto
Though many of the top asset managers and investors are investing in, or at least open to crypto and Bitcoin, a few remain hesitant to adopt the asset. Most prominent among the anti-Bitcoin camp is legendary investor Warren Buffett. Buffett’s strategy of investing in solid companies that continuously generate cash and value has been hugely […]
Bitcoin to $100K price prediction NEEDS this – Galaxy Digital’s Novogratz
2024 has proven to be a remarkable year for Bitcoin [BTC], with prices rallying up before the halving event. On the contrary, historical patterns indicate a bullish trajectory for the cryptocurrency post-halving. On the 29th of March, Mike Novogratz, the CEO of Galaxy Digital, spoke at the Bitcoin Investor Day in New York about the dire condition […]
Bitcoin exchanges’ BTC balances have dropped almost $10B in 2024
Nearly $10 billion worth of Bitcoin has left crypto exchanges since the United States spot exchange-traded funds (ETFs) launched. Data from on-chain analytics firm Glassnode shows that since Jan. 11, exchanges are down over 136,000 BTC. BTC exchange trends show no signs of profit-taking Bitcoin supply dynamics continue to sway in bulls’ favor as exchanges see mass […]
Call of Duty Cheaters Allegedly Lose Their Bitcoin as Hackers Target Gamers With Malware
Video game cheaters may have finally met their match as a mysterious group of cybercriminals has reportedly released an information stealer malware targeting gamers who cheat in Call of Duty, stealing the bitcoin (BTC) holdings of some players. The malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware […]
How high can Bitcoin go? New BTC price prediction sees cycle top at $180K
Bitcoin price could gain another 150% during the current bull market cycle, according to Laurent Benayoun, the CEO of Acheron Trading and quantitative trading strategies expert. Bitcoin price top at $180K? The executive anticipates a potential cycle top of $180,000 for BTC price, based on a combination of factors, including the spot Bitcoin exchange-traded funds (ETFs), and […]
Dogwifhat Becomes Third-Largest Meme Coin as Bitcoin Clings to $70K
Meme coins led by Solana-based dogwifhat (WIF) surged for the second day to lead as a category as the broader market remains little changed ahead of the long weekend in the U.S., Europe and parts of Asia. Bitcoin (BTC) traded around $70,000 million during the Asian morning hours on Friday, showing little change in the past 24 […]