Peter Schiff, founder of Euro Pacific Asset Management, is known for his skepticism towards cryptocurrency, specifically Bitcoin. Recently, amidst Bitcoin’s soaring price, Schiff issued a warning, labeling Bitcoin as the “ultimate asset bubble.” This cautionary statement came as Bitcoin breached the $61,500 mark, and continued to climb, exceeding $65,000 just four days later. Schiff’s main
Despite facing tough competition from Bitcoin and meme coins, XRP has seen a surge of 20% in a week. Analysts like Dark Defender and Alex Cobb have pointed out key technical indicators, such as MACD and Ichimoku, suggesting a possible uptick in XRP’s value. Dark Defender believes that XRP might break the $1 mark by
The recent surge in the value of Bitcoin has brought it closer to breaking its own record values. With a peak price of $68,800, Bitcoin has seen a remarkable increase of 6.6% in the daily timeframe and 20.6% in the weekly timeframe, according to data from Coingecko. The upsurge in investment in Bitcoin funds listed
Friend.tech, a Web3 social platform, has made headlines with its recent decision to grant users full control over their tokens. This move, which saw investors waiving their rights to sell tokens, has sparked discussions within the community and raised hopes for a potential revival amidst declining activity on the platform. The platform’s announcement has been
Bitcoin Ordinals, a type of Non-Fungible Token (NFT), have been attracting attention in the cryptocurrency market. These digital assets represent unique and scarce items that are authenticated on the blockchain. NodeMonkes, a prominent Bitcoin Ordinal project, has emerged as a top seller with its remarkable sales and increasing demand in the secondary market. NodeMonkes has
Crypto exchange Coinbase faced yet another technical glitch on March 4, causing some of its users to see an empty balance in their accounts. This issue, which affected a small subset of users, led to intermittent zero balances across accounts and latency across pages. While trading was not impacted, it was still a cause for
Crypto enthusiasts anticipating a groundbreaking Ethereum spot ETF launch may need to temper their expectations, as Bloomberg ETF analyst Eric Balchunas suggests that the launch may not live up to the success of Bitcoin spot ETFs. Balchunas believes that the Ethereum ETFs are likely to be overshadowed by their Bitcoin counterparts, which have seen significant
In a groundbreaking move on March 4th, 2024, an anonymous buyer shattered records with the purchase of CryptoPunk #3100 for over $16 million. This sale not only set a new benchmark for the value of CryptoPunks but also drew attention due to the unique circumstances surrounding the buyer. CryptoPunk #3100 is part of the exclusive
The Cardano network is currently displaying bullish signs, indicating the potential for a price surge in the ADA token. According to various crypto analysts, there is speculation that the price of ADA could rise as high as $10 in the near future. Crypto analyst Ali Martinez recently pointed out on X (formerly Twitter) that the
The recent surge in prices of meme coins such as Shiba Inu (SHIB), Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF) has caught the attention of many investors. These coins have experienced significant gains of 100-400% in the past seven days, as reported by CoinMarketCap. Market caps of PEPE and WIF have reached $3 billion and