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Bitcoin’s Path to $125,000 by 2024
With the highly-anticipated Bitcoin halving just four months away, the world’s largest crypto asset is witnessing a strong rally driven by expectations of growing institutional demand.
On December 1st, Bitcoin briefly…
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IOTA makes 40%+ move after $100M ecosystem foundation announcement
IOTA, an open-source distributed ledger and cryptocurrency focused on the Internet of Things (IOT), saw its native IOTA token rally 43% on Nov. 29 after announcing the creation of the Iota Ecosystem DLT Foundation and its registration in…
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Velodrome and Aerodrome DEXs Face Frontend Attacks
Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems.
Following the incident, both platforms urged…
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Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global…
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Why Robert Kiyosaki Is Telling Investors to Buy Bitcoin ETF
In recent months, Robert Kiyosaki, author of the best-selling book Rich Dad, Poor Dad, shared not only a catastrophic vision of the global economy but also defended silver, gold, and Bitcoin (BTC). And now he warns: buy these assets…
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SoFi Technologies to cease crypto services by Dec. 19
United States personal finance company SoFi Technologies will end crypto trading services for its users by Dec. 19.According to the Nov. 29 announcement, new crypto account openings on SoFi are suspended immediately. All existing SoFi…
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NFT sales and pricing are driven by luck, scarcity, and optimism, according to multiple studies
A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the non-fungible token (NFT) market. Researchers from Western University in Canada, Tilburg University in the…
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Paxos receives in-principle approval to issue stablecoins in Abu Dhabi
Crypto firm Paxos has secured in-principle approval from Abu Dhabi’s regulator on two fronts: to issue stablecoins and conduct digital asset services.In a Nov. 29 announcement, Paxos said the Financial Services Regulatory Authority in…
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Bitcoin (BTC) Price to Hit $100K Next Year: This Banking Giant Chips in
TL;DR
Geoff Kendrick of Standard Chartered highlights three factors for Bitcoin’s potential surge to $100,000: rising overall market cap of digital assets, the April 2024 Bitcoin halving, and the expected launch of the first US…
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Canaan secures new financing as revenue falls 55% in Q3
Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line.According to its Q3 2023 earnings report released on Nov. 28, the company seeks to sell $148 million in equity through an at-the-market…
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