Recent analysis by 10x Research CEO Markus Thielen suggests that Bitcoin is on the verge of making a new all-time high, potentially rallying towards $83,000 in the near future. Despite hitting resistance and a slight retreat to just over $69,000, Thielen remains bullish on the cryptocurrency. The “head and shoulders” chart pattern he observed indicates
Risk management
Bitcoin, the leading cryptocurrency, has shown significant price volatility in recent days. Despite the continuous inflows into US-based ETFs, the price of Bitcoin plummeted by more than three thousand dollars in just a few hours. This sudden drop has raised questions about the factors influencing Bitcoin’s price movements, particularly in the context of the approval
The enigmatic world of Bitcoin continues to captivate investors with its price fluctuations. A recent analysis by Cryptorphic, a prominent crypto analyst, suggests a potential bright future for Bitcoin. Cryptorphic’s prediction of Bitcoin hitting a staggering $156,000 by May 27th, 2025, is based on a historical phenomenon known as the halving. Every four years, the
Recently, Gala Game, a Web3 gaming project, fell victim to an exploitation incident where an unknown attacker, posing as a compromised admin address, managed to mint 5 Billion GALA tokens, valued at over $200 million. This breach led to the unauthorized sale of 600 million tokens through Uniswap, amounting to $29 million at the time
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
With cryptocurrency markets on the rebound and important US economic data releases on the horizon, meme coins are taking center stage as potential investment opportunities. Bitcoin may be trading in the upper $62,000s, but meme coins like Dogecoin, Shiba Inu, and Pepe are capturing the attention of traders looking for the next big thing in
In a recent article by Nikita Ovchinnik, the Co-founder at Barter DeFi, the future of decentralized finance (DeFi) has been called into question due to regulatory action taken by the SEC against Uniswap. This action has raised concerns about the regulation of DeFi platforms and the potential impact on the industry as a whole. The
The upcoming MiCA regulation is set to bring significant changes to the crypto industry, requiring companies to ensure compliance for a smooth transition. As the European Union (EU) takes steps towards regulating the crypto-asset market, companies need to be prepared for the implications of MiCA on their operations. Key Requirements of MiCA MiCA aims to
The European Securities and Markets Authority (ESMA) recently issued a warning about the high level of concentration in the crypto markets. The agency expressed concerns that the crypto ecosystem is vulnerable to disruptions due to this concentration. ESMA’s findings revealed that a small number of assets, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT), make
The recent report by blockchain security firm PeckShield for March 2024 has highlighted a worrying trend in the cryptocurrency industry. Despite an overall improvement in investor sentiment, the report indicates that there has been a significant increase in crypto hacks, resulting in losses amounting to approximately $187.29 million. One of the most shocking incidents mentioned