Author: John Smith
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A veteran trader predicts Bitcoin at $150K and Ethereum at $5K by summer, spotlighting 5 altcoins primed for big gains. The crypto market is on the cusp of a seismic shift as a veteran trader predicts Bitcoin’s surge to $150,000 and Ethereum’s climb to $5,000 by summer. These ambitious projections come alongside a focus on five altcoins that could mirror this bullish momentum. From unique meme coins like Catzilla to established players like Solana and Uniswap, these assets are…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum’s $8,000 target, Pepe Coin’s rise to $0.0002, and Lightchain AI’s potential leap to $2 showcase blockchain’s explosive growth. The cryptocurrency market is abuzz with predictions about the future of some of its most talked-about assets. Ethereum, the leading smart contract platform, is speculated to climb to an impressive $8,000, driven by its robust ecosystem and upcoming upgrades. Meme-based Pepe Coin, known for its community-driven appeal, has investors eyeing a potential rise to $0.0002. Meanwhile, Lightchain AI, a trailblazer…
Anchorage Digital, a leading crypto platform for institutional clients, has received approval for a BitLicense from the New York State Department of Financial Services. The approval authorizes Anchorage Digital’s subsidiary, Anchorage Digital NY, LLC, to offer regulated crypto trading services to institutions based in New York. Full capabilities are expected to be operational in early 2025. The BitLicense The BitLicense is one of the most sought-after licenses in the crypto industry, allowing companies to provide digital asset services within New York state under a stringent regulatory framework. This approval marks a significant milestone for Anchorage Digital as it continues to…
Cardano’s price has remained sideways this month, but a rare chart pattern indicates a potential comeback in the coming weeks. Cardano (ADA), the popular layer-1 cryptocurrency, is trading at $1.06, down nearly 20% from its highest level this year. The pullback followed a rally that pushed the coin to a multi-year high of $1.327 in November during the crypto bull run. This decline mirrors the performance of other cryptocurrencies, like Avalanche (AVAX) and Binance Coin (BNB), which have also retreated from their year-to-date highs. Cardano’s drop coincided with a decline in the total value locked (TVL) within its decentralized finance…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bull run sparks new highs, but tokens like PEPE and DOGE lag. Analysts see 1Fuel, in presale, primed for 500% growth. It’s no longer news that the bull run has begun, with several cryptocurrencies experiencing new highs. Despite this surge, big names such as Pepe (PEPE) and Dogecoin (DOGE) have underperformed, failing to meet analysts’ expectations. Holders of the tokens are beginning to jump ship in search of a project with great profit potential. According to the top crypto…
Ethena Labs has introduced a new stablecoin, USDtb, backed by BlackRock’s USD Institutional Digital Liquidity Fund. USDtb operates similarly to other popular fiat-backed stablecoins like USD Coin (USDC) and Tether (USDT), with reserves held in cash or cash-equivalent assets at a 1:1 ratio. Unlike most stablecoins, USDtb distinguishes itself by allocating 90% of its reserves to BlackRock’s BUIDL fund. This tokenized money market fund primarily invests in short-term U.S. Treasury bills, cash, and repurchase agreements. This is the highest BUIDL allocation of any stablecoin, allowing USDtb to scale more effectively and providing a high degree of stability, according to Ethena…
Major Bitcoin miner Riot Platforms added $69 million worth of the world’s leading cryptocurrency to its holdings. According to Securities and Exchange Commission filings, Riot Platforms bought 667 Bitcoin (BTC), increasing its total crypto holdings to 17,429 BTC. Riot acquired this tranche at an average price of $101,135 per coin, bringing the total value of its Bitcoin balance to nearly $2 billion at the December 16 peak price of $106,000. The company began mining Bitcoin in 2018 at its Oklahoma facility after shifting its corporate focus. Inspired by MicroStrategy Chairman Michael Saylor’s “sell shares, buy BTC” strategy, Riot expanded its…
Hedera has adopted Chainlink’s suite of smart data products to accelerate the growth of decentralized finance and tokenized real-world assets. The Hedera (HBAR) team announced on Dec. 16 that Chainlink (LINK)’s Data Feeds and Chainlink Proof of Reserve were now live on the Hedera mainnet. The integration aims to bolster developers on the Hedera network by enabling access to high-quality data and proof-of-reserve verification. According to a blog post by the platform, Hedera developers can now utilize this data technology for DeFi and tokenized RWA projects. The Hedera and Chainlink integration follows the recent key partnership between HBAR Foundation and…
Moca Network Coin formed a “God candle” and surged to a record high after receiving several exchange listings on Monday. Moca Coin (MOCA) reached an all-time high of $0.4347, marking a 616% increase from its October low. This rally boosted its market cap to over $278 million and its fully diluted valuation to $1.6 billion. The surge followed Binance Futures’ announcement that it would list MOCA with up to 75x leverage. This listing is significant, as Binance, the largest crypto exchange globally, provides access to millions of users who can now trade the coin. Moca Coin was also listed on…
Binance will list Pudgy Penguins’ native token PENGU alongside the Simon’s Cat meme coin on Dec. 17. After the Binance listing announcement, CAT went up nearly 65%. In a company notice, major crypto exchange Binance announced plans to list PENGU, the native token for the NFT collection Pudgy Penguins, on December 17 at 14:00 UTC. Open trading will be available for PENGU paired with USDT, BNB, FDUSD, and TRY. Alongside PENGU, Binance will also list the meme coin Simon’s Cat (CAT) on December 17 at 09:00 UTC. The token will be available for trading with USDT, BNB, FDUSD, and TRY…