A New Era for Crypto The US Congress is considering legislation that could have a bigger impact than the introduction of spot Bitcoin ETFs. Bitwise CIO Matt Hougan believes that 2024 could bring “groundbreaking” legal frameworks that will pave the way for widespread adoption of stablecoins. Stablecoin Regulation on the Horizon Congresswoman Maxine Waters has…
Shibarium’s Surge Shiba Inu’s layer-2 network, Shibarium, has seen a huge boost in activity. The number of active accounts jumped by over 144% and new transactions skyrocketed. This is great news for SHIB, as Shibarium plays a key role in its success. ShibaSwap’s Expansion ShibaSwap, SHIB’s decentralized exchange, is expanding to Shibarium. This should bring…
Coinbase, a major crypto exchange, has added support for the Bitcoin Lightning Network, making Bitcoin transfers faster and cheaper. Instant and Affordable Transactions Before this integration, Bitcoin transfers on Coinbase took a long time (10 minutes to 2 hours) and were expensive. However, the Lightning Network, which operates on top of the Bitcoin blockchain, allows…
Analyst’s Forecast Crypto analyst Benjamin Cowen believes Ethereum (ETH) has yet to hit its lowest point against Bitcoin (BTC). He draws parallels to the market in 2019, when a bounce in the ETH/BTC ratio preceded a rate cut by the Federal Reserve (FED). Cowen predicts that the ETH/BTC ratio will bottom out when the FED…
Former Goldman Sachs exec Raoul Pal predicts that two crypto subsectors will see crazy valuations during the upcoming “crypto summer.” AI and Tokenized Real-World Assets Pal believes altcoins related to artificial intelligence (AI) and tokenized real-world assets (RWA) will skyrocket. During crypto summer, prices and trading volume typically surge. Ethereum and Solana to Outperform Pal…
Two wallets whitelisted for the memecoin Brett (BRETT) on the Base layer-2 scaling solution have made incredible gains of 30,830x. Whitelisted Wallets According to crypto tracker Lookonchain, the wallets spent $102 to buy 172.56 million BRETT in February. They later sold 122.74 million BRETT for $3.14 million, resulting in the massive gains. Brett’s Role Brett…
Crypto analyst Benjamin Cowen believes Ethereum (ETH) and other altcoins are nearing a significant market downturn. Ethereum’s Final Push Cowen suggests that ETH may experience a brief upward surge before a sharp decline. He emphasizes that a sustained break above the bull market support band is crucial for confirming a bullish trend. Altcoin Patterns Cowen…
Seasoned trader Peter Brandt believes Bitcoin (BTC) has a 25% chance of reaching $160,000 in this market cycle. Brandt’s Timeline Brandt predicts the current bull market will continue until the fourth quarter of 2025. He based this on a chart that showed Bitcoin took 525 days to rise from $16,000 to $50,000. Using this timeframe,…
Institutional Adoption and ETFs Lark Davis, a crypto expert, believes that Bitcoin is poised for a wild bull run due to several factors. One key factor is the growing institutional acceptance of Bitcoin. The recent approval of Bitcoin spot ETFs in the US and Hong Kong has led to a surge in institutional investment, with…
Charges and Plea Changpeng Zhao (CZ), the founder of Binance, is facing sentencing for money laundering on the exchange’s platform. He pleaded guilty in November, marking a major development in the case. Prosecution’s Request Prosecutors are seeking a three-year prison sentence, claiming CZ’s crimes violated US law on a large scale. Defense’s Request CZ’s defense…
