Consumer Survey Raises Concerns A survey by Deutsche Bank found that people are divided about Bitcoin’s future. Some believe it could drop below $20,000, while others are more optimistic. Expert Opinions Mike Novogratz, CEO of Galaxy Digital, thinks Bitcoin will benefit from the Federal Reserve cutting interest rates. However, the timing and amount of these…
Emin Gün Sirer, CEO of Ava Labs, believes the crypto industry is significantly undervalued due to a lack of awareness about its technological advancements. Superior to Traditional Finance Gün Sirer argues that crypto and blockchain technologies surpass those used in traditional finance. He highlights the advanced features of crypto systems, such as smart contracts, lending…
Ripple CEO Brad Garlinghouse believes a surge in institutional investments will double the cryptocurrency market’s value to $5 trillion by the end of 2024. Regulatory Momentum and ETFs Garlinghouse points to positive regulatory developments and the approval of spot Bitcoin exchange-traded funds (ETFs) as key drivers of this growth. These factors have attracted institutional investors…
Former BitMEX founder Arthur Hayes has transferred over $1 million worth of GMX tokens to centralized exchanges, according to on-chain analyst EmberCN. Hayes’ GMX Holdings Hayes previously held the largest personal GMX address since 2022. On Sunday, he transferred all 237,000 GMX (worth $9.78 million) to a new address. Transfer to Exchanges The new address…
Crypto strategist Michaël van de Poppe believes Bitcoin’s current strength is a sign of its potential to reach unprecedented heights. Bitcoin’s All-Time High Pre-Halving Van de Poppe notes that Bitcoin’s recent surge above $73,000 before the halving (when miners’ rewards are cut in half) is a strong indication of its strength. He predicts that BTC…
Priority for Stakers and Holders The TokenFi team, the brains behind the FLOKI meme coin, has proposed a major upgrade to their launchpad. This upgrade, known as the “TokenFi Launchpad Supercharge Program,” aims to give priority to $TOKEN stakers and holders. How It Works The program will allow $TOKEN stakers to participate in token sales…
Bitcoin is currently trading at a three-week high, following some recent gains. Analysts are optimistic about the coin’s future, saying that this dip before the upcoming Halving could be your last chance to buy at a discount. Bitcoin’s Rise: Trading at a 3-Week High Since March 15th, Bitcoin has been on a downward trend, after…
Trump’s Crypto Windfall Trump’s NFT project, Trump Digital Trading Cards, sold 45,000 units for $99 each, earning him millions. He also received royalties on trading volumes, accumulating over 1,800 ETH and WETH tokens. MAGA Coin’s Rise and Fall Trump received a large number of MAGA Coin (TRUMP) tokens, which initially had little value. However, as…
Fed Rate Cut: A Boon for Bitcoin The Federal Reserve has hinted at cutting interest rates this year, which could significantly benefit Bitcoin (BTC). Novogratz’s Insights Mike Novogratz, CEO of Galaxy Digital, believes the rate cuts will create a favorable setup for BTC. He emphasizes the need for fiscal discipline and warns of the potential…
Dogecoin (DOGE) Despite the recent market correction, crypto strategist Altcoin Sherpa believes Dogecoin remains bullish. The analyst notes that DOGE has held above a crucial support level on the weekly chart, suggesting a potential 60% rally to $0.32. Ether.fi (ETHFI) Altcoin Sherpa is also optimistic about Ether.fi, the native asset of an Ethereum-based liquid staking…
