Ric Edelman, founder of the Digital Assets Council of Financial Professionals and Edelman Financial Services, recently discussed his bold prediction for the future price of Bitcoin. In his interview with Yahoo Finance, Edelman highlighted the potential for Bitcoin’s price to soar to $420,000, driven by global asset diversification. This forecast has sparked both excitement and
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In the world of cryptocurrency investing, there is a mysterious figure known as the ‘King Shrimp’ who has recently made headlines for their strategic investment moves. This individual, who was previously monitored by Crypto.News, has significantly increased their holdings of the Mollars token presale. By consistently buying into the presale or utilizing dollar cost averaging,
The recent decline in Bitcoin’s price has caused a stir in the cryptocurrency market, with many investors and analysts closely monitoring the situation. One prominent figure in the crypto space, Titan of Crypto, has pointed out the $61,500 price level as a critical threshold to watch for the largest cryptocurrency. This level is seen as
Deutsche Bank has recently demonstrated a surge in interest in digital assets and tokenization through its involvement in the Monetary Authority of Singapore’s Project Guardian. This initiative is specifically focused on testing asset tokenization applications within a regulated environment to assess their viability and potential integration within financial markets. The collaboration under Project Guardian includes
Guild of Guardians (GOG) is not your average mobile game. Developed by Mineloader and brought to life by Immutable, GOG takes fantasy adventure to a whole new level by incorporating blockchain technology. This innovative approach, combined with over 200 unique Guardians, diverse gameplay mechanics, and strategic elements, sets GOG apart from other games in the
Crypto analyst Ali Martinez recently discussed the potential future of Bitcoin, pinpointing the importance of the flagship cryptocurrency reaching $76,000. According to Martinez, if Bitcoin fails to reclaim $64,290 as support, there is a risk of a significant drop in price, possibly revisiting levels last seen at the beginning of the year. The analysis is
As the U.S. presidential election approaches, cryptocurrency is starting to emerge as a significant topic of discussion among voters. A recent survey conducted by Digital Currency Group (DCG) revealed that approximately one in five voters considers crypto to be a major issue in the upcoming 2024 election. Moreover, 40% of voters expressed a desire for
The past 24 hours in the cryptocurrency market have shown a significant calmness, putting a halt to the ongoing bearish assault and leading to some consolidation. Bitcoin has been hovering around the $61K mark on Sunday morning, while Ethereum has dipped below the crucial $3K level. A recent report by CryptoPotato highlighted a sudden correction
In a surprising turn of events, two major US banks, JP Morgan and Wells Fargo, have made waves by announcing their investments in Spot Bitcoin ETFs. This move signifies a significant shift in their investment strategies, especially considering their previous cautious stance towards cryptocurrencies. Wells Fargo’s Bold Move Wells Fargo, in its recent filing to
The crypto industry is on the verge of receiving greater clarity regarding regulatory oversight through new legislation set to potentially go to a House floor vote by the end of May. The Financial Innovation and Technology for the 21st Century (FIT21) Act is the proposed legislation aimed at providing transparent regulatory frameworks for digital assets.