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Economist Henrik Zeberg is predicting a significant surge in altcoin prices, despite a worsening overall economic outlook. He bases this prediction on several factors. Altcoins Outperforming Bitcoin Zeberg, who boasts a large following on X (formerly Twitter), points to Bitcoin’s dominance decreasing. Bitcoin dominance is the percentage of the total crypto market cap that Bitcoin…
A well-known crypto analyst predicts a big win for artificial intelligence (AI) cryptocurrencies in the near future. AI Cryptocurrencies Poised for Growth Crypto Capo, a popular analyst on Telegram, believes the AI sector is about to outperform the rest of the crypto market. He points to Phala Network (PHA), a decentralized cloud computing platform, as…
Celsius, the bankrupt crypto lender, is appealing a court decision that rejected its $444 million claim against the also-bankrupt FTX exchange. This is just the latest chapter in their ongoing legal battle. The Dispute: Preferential Transfers and Bad PR The core of the dispute is Celsius’s claim that FTX engaged in “preferential transfers” of funds,…
A new team is making a big impact on crypto crime. The T3 Financial Crime Unit (T3 FCU), a partnership between Tether, TRON, and TRM Labs, has frozen over $100 million in criminal assets globally. Taking Down Crypto Criminals Launched in August 2024, the T3 FCU is a unique collaboration between a stablecoin company, a…
Bitcoin saw some interesting changes in 2024. While some metrics showed growth, others revealed a shift in how the network is being used. Let’s break down the key findings. Growth and Decline: A Mixed Bag Data from IntoTheBlock shows a mixed picture of Bitcoin’s on-chain activity in 2024. The number of Bitcoin addresses increased, indicating…
Cryptocurrency scams and hacks continue to be a major problem, costing the industry a whopping $2.2 billion in 2024—a 21% increase from the previous year. This marks the fourth consecutive year where losses exceeded $1 billion. However, there’s some good news. December’s Losses: A Significant Drop December 2024 saw a dramatic decrease in losses from…
Crypto analyst Michaël van de Poppe shared his latest predictions for several cryptocurrencies, generating buzz among his large online following. Sei: A Solana Rival on the Rise? Van de Poppe is bullish on Sei (SEI), a Solana competitor. He believes SEI is currently undervalued and could see a significant price increase. He predicts a potential…
Despite recent delistings in Europe, Tether (USDT) seems to be holding its own, according to the CEO of CryptoQuant. EU Delistings and Market Reaction Several European crypto exchanges have stopped offering Tether due to new EU regulations (MiCA). These rules require stablecoin issuers to get special licenses to operate in the EU, and Tether hasn’t…
Crypto analyst Jason Pizzino is predicting a continued downturn for Bitcoin (BTC). He shared his bearish outlook with his 345,000 YouTube followers. Pizzino’s Bitcoin Price Targets Pizzino believes Bitcoin will likely stay below its all-time high of around $108,200 for a considerable period. He identifies key support levels: $91,750: A break below this level significantly…
Analyst Benjamin Cowen is predicting a potential Bitcoin price drop in early 2025. His prediction is based on historical patterns following Bitcoin’s halving events. A January Dip? Cowen points out that in the two previous post-halving years, Bitcoin experienced a significant correction in January. In both 2017 and 2021, the price dropped by around 30%….
