Robert Kiyosaki, the renowned American author and financial educator, recently expressed his support for the $2.3 million per Bitcoin prediction made by Cathie Wood’s asset management firm, Ark Invest. Kiyosaki stated that he trusts Wood’s opinion and believes in her intelligence. He also mentioned that under the right circumstances, Bitcoin has the potential to reach
Crypto
The U.S. Securities and Exchange Commission (SEC) has set its sights on Uniswap Labs, a major player in the world of decentralized finance (DeFi). The regulatory body recently issued a Wells Notice against Uniswap Labs, the company responsible for operating the largest decentralized exchange (DEX) globally. This move has sparked concerns within the crypto community
Binance, one of the leading cryptocurrency exchanges, recently made significant updates to its platform by adding 18 new cryptocurrencies to its loan program. This move aims to cater to current market trends and enhance user experiences. The addition of meme coins like dogwifhat (WIF) and Pepe (PEPE), along with established altcoins such as Hedera (HBAR)
Ethereum’s price has been experiencing a period of sideways consolidation after dropping to the critical support level of $3K. Despite attempts to push the price towards $3.7K, the cryptocurrency remains stuck within this range. Volatility is unlikely to increase until a breakout occurs in either direction. Analyzing the daily chart, it is evident that Ethereum
Price Drop Followed by Analyst Predictions Recently, Shiba Inu (SHIB) experienced a price drop causing concern among investors. The price dipped by 3% on a daily scale and a significant 20% on a monthly basis. However, despite this downturn, analysts are predicting a potential bullish trend in the near future. Optimism Supported by Outflows and
The CEO of Marathon, the largest crypto mining firm in America, emphasized the significant impact of spot Bitcoin ETF approvals on the market. Fred Thiel mentioned in an interview with Bloomberg that the approval of ETFs has attracted capital into the market and expedited the price appreciation that would typically occur after a halving event.
The introduction of U.S. Bitcoin spot ETFs has seen a significant influx of $12.3 billion in net inflows within just three months. This surge has left many wondering about the impact these ETFs have had on the broader Bitcoin market. Glassnode analyst James Check delved into this question by analyzing the effect of Bitcoin ETFs
An anonymous cryptocurrency investor known as “Sell When Over” on a platform reported a staggering loss of $800,000 as a result of two suspicious Google Chrome browser extensions. The investor initially noticed a loss of $500,000 from their various wallet applications, prompting them to suspect foul play. Upon further exploration, the investor found that their
Ethereum and its Layer 2 scaling solution, Polygon, have emerged as the top choices for new users in the first quarter of 2024. According to the latest report by Flipside, these two blockchain platforms have attracted a significant number of new users compared to other EVM chains since the beginning of the year. With Polygon
The Bitcoin halving is a crucial event that occurs approximately every four years to slow down the creation of new BTC. This built-in mechanism aims to ensure that the last Bitcoin will be mined over a hundred years from now. The reduction in production speed, combined with constant or increasing demand for the asset, theoretically