Signs of a Bullish Market On-chain analyst Willy Woo believes Bitcoin is in a full-blown bull market, citing strong on-chain activity. He notes that Bitcoin’s price is rising and coins are moving actively, indicating real investors are purchasing and holding Bitcoin. Spot ETFs as a Remedy Woo also highlights the approval of spot Bitcoin exchange-traded…
Raoul Pal, a renowned financial expert, predicts a bright future for Solana (SOL). He believes the cryptocurrency could reach new all-time highs, with a potential surge of 235% to 570% from its current levels. Solana: The Next Ethereum? Pal draws parallels between Solana and Ethereum (ETH) in the previous market cycle. He suggests that Solana…
A renowned trader predicts a bullish future for Bitcoin and the altcoin market, emphasizing the importance of a long-term perspective. Bitcoin’s Bullish Factors ETF Adoption: The approval of Bitcoin exchange-traded funds (ETFs) has increased accessibility and appeal to a wider audience. Generational Mindset Shift: The pandemic has led to increased online activity, gambling, and a…
Grayscale’s GBTC Struggles with High Fees Grayscale’s Bitcoin Trust (GBTC) has lost $11 billion in assets due to its higher fees. Investors have been switching to competing ETFs with lower costs. Grayscale Considers Spin-Off To address this issue, Grayscale is considering a spin-off. They plan to create a new ETF called the “Grayscale Bitcoin Mini…
Shibarium’s Growth Shiba Inu’s layer 2 scaling solution, Shibarium, has hit a new all-time high in Total Value Locked (TVL), reaching $2.25 million. This surge is driven by increased demand and adoption. Key Milestones TVL has increased by over 60% compared to the previous record in 2023. Shibarium has over 1.3 million active wallet addresses….
Samson Mow’s Critique Samson Mow, a Bitcoin enthusiast, has strong doubts about the approval of a spot Ethereum ETF. He argues that: Regulatory inconsistencies: The SEC has approved Bitcoin futures but not a spot ETF. This creates a confusing precedent. Ethereum’s unique characteristics: Ethereum’s staking mechanism and pre-mine make it difficult to categorize as a…
Approval Odds Plummet to 35% Market analysts and experts have lowered their expectations for the approval of Ethereum Exchange-Traded Funds (ETFs). Bloomberg Intelligence ETF expert Eric Balchunas recently reported that the odds have dropped significantly to 35%. Reasons for the Decline Balchunas cites several reasons for the pessimism, including the lack of “bullish indicators” that…
Solend, a leading lending protocol, has officially launched Suilend on the Sui Network, marking its first venture outside the Solana ecosystem. Benefits for Sui Ecosystem Suilend brings Solend’s expertise in building industry-leading lending protocols to Sui, enhancing the ecosystem’s depth and capabilities. Advanced Tools and Security Rooter, Solend’s founder, praised Sui’s advanced developer tools and…
Memory Preservation and Companionship for Dementia Patients Sensay, a technology company, is introducing AI-powered digital replicas to support dementia patients and their families. These replicas can preserve memories and provide companionship, offering comfort and continuity for those affected by this condition. Endless Possibilities with Digital Twins Beyond dementia care, Sensay’s technology has applications in various…
Cryptocurrency analyst Loma predicts rallies for Ethereum (ETH) and Solana (SOL), two leading smart contract platforms. Ethereum Loma believes Ethereum will continue its gradual ascent, eventually reaching its all-time high of $4,871. He advises investors to set stop-loss orders below $3,200 as a risk management measure. Solana Loma is bullish on Solana, suggesting that dips…
