Portal, a visionary in the DeFi space, provides a sneak peek into its ongoing development of the Omnichain Liquidity Layer. Poised to serve as a complementary layer for existing blockchains, this groundbreaking solution aims to enhance liquidity without relying on traditional DeFi Bridges and wrappers—eliminating associated security vulnerabilities. Portal’s vision stands firm: a future where blockchain transactions are both seamless and secure, paving the way for...
Read More »Crypto Winter is Over With Cardano, Bitcoin Spark and Fantom Skyrocketing
After a prolonged period of uncertainty in the cryptocurrency market, it appears Crypto Winter is finally coming to an end. Recent developments in the crypto world, especially with the impressive performance of cryptocurrencies like Cardano, Bitcoin Spark, and Fantom, have reignited optimism among investors and enthusiasts. These surges in value suggest a potential thaw in the crypto space, bringing renewed interest and opportunities for those involved in the digital currency...
Read More »Is Bitcoin About to Plunge Deeper Below $34K or is a Continuation Coming? (BTC Price Analysis)
Technical Analysis Bitcoin’s price has recently surged above the key $30K resistance level, following a rebound from the $25K support zone. However, a correction seems probable in the short term. The Daily Chart On the daily chart, the price has broken through the $30K resistance level and has aggressively rallied toward the $35K area. Yet, the price is currently consolidating at the mentioned level, pointing to a potential correction in the coming weeks. Moreover, the...
Read More »This Once Popular Project is Now in a Slump: Coinbase Layer 2’s Major Catalyst in Ruins?
Friend.tech has been a major catalyst behind Coinbase’s layer 2 network – Base’s – initial explosion. The decentralized social network, however, experienced a significant decline since September with several metrics hovering near all-time lows. According to the latest data compiled by Dune Analytics, the number of new users on Friend.tech was recorded to be 682 as of November 2nd as compared to its peak of over 70,037 on October 15th. Friend.tech created a buzz with its beta...
Read More »Some Traders Predict This New Utility Token May Be The Next Cryptocurrency To Explode In 2024
Bitcoin Minetrix (BTCMTX), a new Stake-to-Mine platform that aims to decentralize Bitcoin mining, is rapidly gaining traction in the crypto presale space. The platform has attracted over $3.1 million in early investment as the developers gear up for exchange listings once Bitcoin Minetrix’s presale ends. With BTCMTX still available at just $0.0114, both enthusiasts and experts are speculating that this token could be the next big thing in 2024. Bitcoin Minetrix Prepares for...
Read More »Bitcoin Whitepaper Turns 15, While This Bitcoin Alternative Honors Its Legacy and Brings Upgrades
The 15th anniversary of the Bitcoin whitepaper marks a significant milestone in the crypto arena. The anniversary is a pivotal moment in the history of cryptocurrency and a tribute to the brilliance of Satoshi Nakamoto’s vision, which continues to influence and shape the financial world. While the original Bitcoin whitepaper laid the foundation for this revolutionary technology, several Bitcoin forks have emerged over the years, each with its own set of upgrades and...
Read More »Bitcoin Consolidates Around $35K, SOL Leads Altcoin Rally, SBF Found Guilty: This Week’s Recap
This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. A lot happened this week, so let’s dive in. Starting with BTC’s price, the cryptocurrency is trading at slightly below $35K at the time of this writing, marking an...
Read More »Valkyrie CIO Expects Bitcoin ETF Approval This Month in Preparation for February Launch
The Valkyrie CIO says that the SEC will ask for comments and possibly approve an ETF proposal this month after all issues are addressed. A Valkyrie Investments exec has hinted at a strong possibility for a spot Bitcoin ETF approval this month. According to Chief Investment Officer (CIO) Steven McClurg, the United States Securities and Exchange Commission (SEC) will likely confirm an ETF approval by the end of the month. McClurg is hopeful because applicants have adequately addressed issues...
Read More »‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Endorses Bitcoin over Traditional Investments
Earlier this year, Kiyosaki identified three key things that he believes will drive the price of Bitcoin up. Robert Kiyosaki, the entrepreneur and author of the popular personal finance book “Rich Dad, Poor Dad” has endorsed Bitcoin over traditional assets. In a post on social media platform X, the known Bitcoin champion stated that while conventional assets continue to ‘crash,’ Bitcoin has held steady. Kiyosaki shared a ‘lesson’ from his book, condemning the conventional model of earning...
Read More »Bitcoin Mining Stocks Skyrocket as BTC Price Hovers Around $35K
The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day. Bitcoin (BTC) mining stocks enjoyed significant gains on Thursday as the price of the coin hovers around $35,000, its highest level in over 17 months. Bitcoin Mining Stocks’ Strong Performance According to reports, US-listed mining companies such as Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT), and CleanSpark Inc (NASDAQ: CLSK)...
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