Arthur Hayes, the co-founder of Bitmex, has made bold predictions about the future of Bitcoin. He believes that Bitcoin could reach $100,000 by the end of 2024 and potentially soar to $1 million by 2025. Hayes attributes this anticipated surge to the U.S. Treasury’s actions, particularly their liquidity injections into the economy. In a recent blog post, Hayes noted that the moves that are expected from Yellen, the U.S. treasurer, would affect most markets, including Bitcoin. He stated that...
Read More »Investor Sentiment Uncertain, Yet Bitcoin’s HODLing Trends Resurface During Market Decline
As the market navigates the largest downturn of this cycle, investor sentiment in the digital asset market remains uncertain. Beneath the surface, however, Glassnode has found that there are clear signs of a resurgence in HODLing and accumulation. Signs of Accumulation Glassnode’s analysis of the on-chain investor response to these volatile market conditions indicates a growing inclination towards HODLing. Since bitcoin’s price reached an all-time high in March, the market...
Read More »ETFSwap (ETFS) Predicted To Rise 100x From $0.01831 To $1.8 As Pepe, Shiba Inu Struggles
The crypto market has seen its share of losses in 2024, where popular cryptos like Pepe (PEPE) and Shiba Inu (SHIB) have taken very huge falls. However, one crypto, the ETFSwap (ETFS) presale, has maintained stability and drawn attention of veterans and experts in the crypto space who predict its rise by 100x from its current low of $0.01831 to $1.8 ETFSwap’s (ETFS) Resilience Is Key To Price Rise The ETFSwap (ETFS) token’s resistance to the volatility that the crypto market has...
Read More »Trump-Musk Interview Skips Crypto Talks, Ignites Questions Amid Market Surge
Trump’s chat with Musk skipped crypto, defying big bets on Polymarket. Bitcoin’s omission from the interview reflects persistent cryptocurrency uncertainty. Former President Donald Trump’s interview with X CEO Elon Musk, which drew over a million listeners, had no mention of bitcoin (BTC) or cryptocurrency. The two-hour talk touched on issues such as illegal immigration, the economy, artificial intelligence, and global warming. The interview was delayed by 45 minutes owing to what Musk said...
Read More »Coinbase Blasts SEC’s Arbitrary Approach to DEX Compliance
Coinbase submitted its third comment letter highlighting significant flaws in the US Securities and Exchange Commission’s (SEC) cost-benefit analysis of the proposed rule. The letter argued that the agency has failed to assess the rule’s economic impact on efficiency, competition, and capital formation. Despite acknowledging a lack of critical information on decentralized exchange (DEX) operations and compliance costs, Coinbase said the SEC has proposed vague benefits that...
Read More »Three Arrows Capital Liquidators Sue TerraForm Labs for $1.3 Billion: Report
Three Arrows Capital (3AC), the defunct crypto hedge fund, has its liquidators pursuing a $1.3 billion lawsuit against TerraForm Labs, the bankrupt digital assets company co-founded by Do Kwon. This legal action is part of ongoing efforts to recover funds for 3AC’s creditors following the fund’s collapse. 3AC Liquidators Pursue TerraForm Labs The Three Arrows Capital (3AC) liquidators are alleging that TerraForm Labs manipulated the market for Luna and TerraUSD, which led to...
Read More »Liquidity Crisis Causes Major Price Slippages During Cryptocurrency Sell-Offs: Kaiko
The cryptocurrency market is facing a growing liquidity crisis, as evidenced by the significant price slippages observed during recent sell-offs. According to research by Kaiko, the ongoing issue of liquidity fragmentation across crypto exchanges has resulted in noticeable price discrepancies, particularly during periods of market stress. Price Slippage Liquidity fragmentation refers to the uneven distribution of liquidity across various exchanges. The recent market sell-off...
Read More »Analyst Gives Bullish PEPE Prediction, Also Tips PEPU for Big Gains
It’s been an up-and-down week in the meme coin market. Yet one analyst has made the bold claim that Pepe (PEPE) could be about to go on another bull run. That same analyst has also highlighted Pepe Unchained (PEPU) as a hidden gem – with the project recently passing $8.5 million in its presale phase. PEPE Trades Sideways After Recent Bullish Price Action Let’s take a look at PEPE’s current price situation. Currently hovering around $0.0000080, PEPE is up 4% from Sunday’s low,...
Read More »Ro Khanna: Democrats Can Bring Positive Crypto Regulations Soon
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Read More »US Court of Appeals Revives HEX Manipulation Case against Binance.US
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