In the ever-evolving world of cryptocurrency, XRP (XRP) finds itself struggling to gain momentum in 2024. With the price of XRP hovering around $0.58, down 22% from its recent highs, many XRP holders are looking for greener pastures. This has led to a surge in interest and investment in a new eco-friendly AI crypto called
investment
Cryptocurrency analyst PlanB has made headlines with his bold prediction that Bitcoin will reach $100,000 this year, despite the prevailing bearish sentiment in the crypto market. He confidently stated in a recent video that he believes hitting the $100,000 mark is inevitable for Bitcoin. Not stopping there, he even suggested that $100,000 might just be
The Ethena token (ENA) has seen a staggering 13% surge in just 24 hours, with an overall increase of 53% since its listing on Binance. ENA serves as a governance token for Ethena’s decentralized finance (DeFi) protocol, offering a yield-earning dollar-pegged stablecoin known as USDe with an impressive 35% APY. Unlike traditional stablecoin rivals like
In a bold prediction, VanEck, a well-known banking firm, has valued Ethereum Layer-2 (L2) solutions at an astonishing $1 trillion by 2030. This valuation highlights the significance of efficiency gains and scalability improvements in the advancement of blockchain technology. The prediction was spearheaded by Patrick Bush, a senior investment analyst at VanEck, and Matthew Sigel,
The recent frenzy around Wally the Whale token has taken the cryptocurrency market by storm. With an astonishing 44,510% gain in just 24 hours, WALLY has captured the attention of both retail traders and seasoned investors alike. The launch of WALLY on April 2nd saw an explosive start, with a DEX listing that immediately drew
The recent Bitcoin price dip, which saw the cryptocurrency fall below $67,000, has sparked concerns among investors. However, crypto analyst Michael van de Poppe has a different perspective on the situation. He suggests that the decline presents an opportunity for investors to acquire Bitcoin at a lower price. In a recent social media post, Poppe
Recently, industry analytics provider Glassnode reported that long-term holders have begun distributing BTC and selling to new investors at higher prices. This movement represents an injection of new capital into the asset class, ultimately driving the realized cap to new heights. Realized cap is a measure of cumulative USD liquidity ‘stored’ in the asset class.
The popular Solana meme coin, DogWifHat (WIF), experienced a significant decline today, shedding 17% of its value in the last 24 hours to trade at $3.69. This drop in WIF’s price is part of a broader market pullback that saw market leaders Bitcoin and Ethereum lose around 5% overnight. Bitcoin is currently trading at $66,313,
Recent data from the blockchain analysis platform Arkham Intelligence reveals that Tether, the world’s largest stablecoin issuer, has increased its Bitcoin holdings significantly. On March 31, Tether acquired 8,888 Bitcoin, bringing its total BTC holdings to nearly 75,400. This move positions Tether as one of the largest Bitcoin holders in the market, surpassing even some
As the Bitcoin Halving event approaches, with only a few blocks left before miners’ rewards are halved, all eyes are on the potential impact this event could have on the price of Bitcoin. Scheduled to occur around April 19 at Block 840,000, the Halving is a deflationary measure programmed by Bitcoin’s founder, Satoshi Nakamoto, to