DeFi Technologies, a Canadian fintech company, has been making waves in the crypto industry with its recent acquisitions and strategic moves. The company has been actively adding Bitcoin to its balance sheet, along with expanding into altcoins like Solana and CORE tokens. This article will delve deeper into DeFi Technologies’ recent acquisitions and explore the
Bitcoin
The German government recently made headlines by selling off its entire Bitcoin holdings in just two weeks. This massive Bitcoin dump was attributed to the need to raise funds for criminal proceedings related to the seizure of digital assets from the infamous movie piracy website, movie2k. The government disclosed that the sale proceeds amounted to
Bitcoin has seen a recent recovery in its price after a period of bearish activity. With the current upward momentum, there is potential for the market to reach a new all-time high in the near future. On the daily chart, Bitcoin has found support at the $56K level and reclaimed the 200-day moving average around
The forecast presented by Joe Burnett, a Senior Product Marketing Manager at Unchained Capital, sheds light on a compelling argument for Bitcoin potentially reaching a valuation of $750,000. According to Burnett, the current market may not fully grasp Bitcoin’s true potential in the current cycle, often failing to consider its broader context within the global
Dalmas Ngetich, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years.
The impending launch of spot Ethereum ETFs has generated widespread excitement, with experts predicting a significant surge in the Ethereum price. The Chief Investment Officer of Bitwise, Matt Hougan, believes that these ETF inflows could push Ethereum to all-time highs exceeding $5,000. Drawing parallels to the Bitcoin ETF market, Hougan anticipates substantial growth in Ethereum
The world of cryptocurrencies is rife with bold predictions and optimistic forecasts, and Bitcoin developer Samson Mow is no exception. He firmly believes that BTC will inevitably reach $1 million, a staggering price target that seems almost too good to be true. Mow’s confidence in this prediction stems from Bitcoin’s ever-increasing demand and the upcoming
Bitwise Asset Management’s Chief Investment Officer has made a bold prediction regarding the potential impact of Ethereum Exchange-Traded Products (ETPs) on the price of ether (ETH). According to the CIO, the introduction of ETPs could drive ETH prices to new all-time highs, surpassing the $5,000 mark by the end of the year. This forecast is
Cardano, once considered one of the largest cryptocurrencies in the market, has been facing significant challenges in recent months. This is evident from the substantial drop in its market cap, plummeting from over $90 billion in 2021 to a mere $15.9 billion as of Wednesday. The number of monthly developer commits has also dwindled, showcasing
Australian computer scientist Craig Wright has long claimed to be the mysterious creator of Bitcoin, Satoshi Nakamoto. However, recent developments have brought these claims into question. A ruling in the COPA vs. Wright case revealed that Wright may face charges of perjury and forgery of documents for providing false testimony during the trial. Wright has