Cardano Foundation CEO Frederik Gregaard recently noted that the development of the smart contract-enabled ecosystem has been slow due to the high academic approach, which has been considered boring but important. Amidst the ongoing altcoin breakout fueled by the optimism revolving around the Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) in the United States, Cardano (ADA) has been among the best-performing top-rated altcoins and demonstrated very positive price trends....
Read More »Nansen Report: Polygon Demonstrates Network Resilience and Developer-Friendly Environment in Q3
Ethereum scaling network Polygon’s native crypto (MATIC) has been leading altcoin gains. Over the past week, MATIC surged by approximately 20%, briefly hitting a 5-month high of $0.86. This increase is fueled by a growing level of trade activity and a more positive overall sentiment in the broader crypto market. The upcoming developments, particularly Polygon 2.0, could potentially drive the rally further. Polygon: Key Metrics Q3 According to Nansen’s latest quarterly report...
Read More »Arthur Hayes Predicts Bitcoin to Reach $1 Million and Ethereum to Hit $100,000
Last month, Hayes made a similar forecast, noting that Bitcoin could reach from $750,000 to $1 million towards the end of the current decade. After his visit to Rapa Nui, commonly known as Easter Island, Arthur Hayes, the co-founder and former CEO of leading crypto derivatives platform BitMEX, has once again predicted that Bitcoin (BTC) could reach $1 million, with Ethereum (ETH) soaring to $100,000. In an unexpected turn, Hayes humorously hinted that the island’s ancestors might have...
Read More »Everlodge (ELDG) on the Rise: Can it Compete with Solana (SOL) and Cardano (ADA)?
The cryptocurrency market is a dynamic space where new projects frequently emerge to challenge established heavyweights like Solana (SOL) and Cardano (ADA). One such contender gaining traction in the market is Everlodge (ELDG), a unique platform that seeks to revolutionize the real estate landscape. But how will they all compare? Solana (SOL): Fueling the Bullish Momentum with Innovations Solana (SOL), a prominent player in the crypto space, has recently made a significant...
Read More »We Asked ChatGPT if BlackRock Will File for an Ripple (XRP) ETF With the SEC
TL;DR BlackRock’s Cryptocurrency ETFs: Filed for a Bitcoin ETF and showed interest in an Ethereum ETF in 2023, impacting market prices, especially for Ethereum. Market Response: Significant price surge in cryptocurrencies due to BlackRock’s strong track record in ETF application approvals. XRP ETF Speculation: No current filing for an XRP ETF by BlackRock, with the decision possibly influenced by Ripple’s ongoing legal issues with the SEC. BlackRock is the world’s largest...
Read More »Which Cryptocurrencies Will Explode Next as Institutions Eventually Shift From Bitcoin and Ethereum?
TL;DR Lark Davis predicts institutional investors will expand into cryptocurrencies like Chainlink and Solana, beyond Bitcoin and Ethereum. He views the current phase as a pivotal chance for substantial wealth creation in the crypto market. Chainlink and Solana have shown significant institutional interest and price increases recently. Popular crypto influencer and entrepreneur Lark Davis (TheCryptoLark on X) is the latest to chime in, as he believes Bitcoin and Ethereum are...
Read More »Here’s What Tokens Were Stolen In The $125 Million Poloniex Hack
Over 175 different tokens with valuations exceeding $10,000 were stolen as part of a massive hack against the U.S.-based crypto exchange Poloniex on Friday, according to on-chain data. Since earlier today, estimates of the funds stolen in the hack have expanded to $125 million. What Hackers Took From Poloniex According to an X post from Nansen, some of the largest Ethereum-based outflows from Poloniex in the past 24 hours have included $11 million in Tether USD (USDT), and...
Read More »ETH With a Massive Surge Above $2K, But is a Correction Looming? (Ethereum Price Analysis)
Technical Analysis By TradingRage Ethereum’s price is finally trading above $2,000 again. Investors are more optimistic than ever, hoping that a new bull market has begun and ETH’s price is destined for a new ATH in the coming months. Yet, it is wise to be cautious after significant price movements. The Daily Chart On the daily timeframe, the price surged significantly yesterday after getting supported by the 200-day moving average around the $1,800 mark. The market has...
Read More »BlackRock Bets on Ethereum With Potential ETF Filing, Accelerating This New Crypto ICO – Here’s Why
Ethereum’s (ETH) price jumped yesterday and today after asset management giant BlackRock revealed plans to launch an ETF that holds the cryptocurrency. The news, which broke on Thursday, propelled ETH to its highest levels since April, exceeding $2,100 and rising about 3% from pre-announcement levels. The filing, submitted by BlackRock to Nasdaq where it hopes to list the ETF, signals a deepening commitment to cryptocurrencies by the world’s largest asset manager. While the...
Read More »Bitcoin Explodes to $37K, Ethereum Reclaims $2K, Solana Rallies Beyond $50: This Week’s Crypto Recap
This week has been all about prices, hence the title. It appears that there’s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack. First things first, it’s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays,...
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