News

Cathie Wood Predicts Bitcoin to Reach $1 Million Before 2030

ARK Invest's CEO Cathie Wood updates Bitcoin's price target to $1 million before 2030, citing new institutional involvement and the impact of recent spot ETF approvals.

Yagyesh Jaiswal

Cathie Wood of ARK Invest revises Bitcoin's bullish price prediction to exceed $1 million before 2030, driven by the success of spot ETFs and expected institutional investments.

Billion-dollar Backing Boosts Blockchain Wellness Venture

A billion-dollar family office led by Miranda Wong has invested USD 20 million into the pioneering wellness project Live4Well, combining traditional healthcare with innovative blockchain technologies.

Yagyesh Jaiswal

This major investment by the influential family office into Live4Well's promising wellness venture exemplifies a calculated long-term approach focusing on strategic partnerships. By identifying emerging intersectional spaces and allocating considerable support, their vision aims to make healthcare advances that leave a meaningful and sustainable positive impact.

Crypto Theft Surpasses $100M in Early 2024

A new report reveals that over $104 million was stolen from cryptocurrency users through phishing attacks on social media in January and February of 2024, underscoring the ongoing threat of cybercrime in the digital asset space.

Yagyesh Jaiswal

As the popularity of cryptocurrency grows, so too have sophisticated phishing scams that trick users into signing over access to their funds. Education around safe wallet security practices is crucial to help curb losses from an increasingly active criminal element online.

Wyoming Opens Doors For DAOs With New Legislation

Wyoming recently passed new legislation establishing a legal framework for Decentralized Autonomous Organizations (DAOs), addressing challenges around regulation and legal structure.

Yagyesh Jaiswal

With its progressive DAO legislation, Wyoming aims to solidify its position as the top US state for blockchain innovation and attract more crypto businesses to the region.

Bitcoin Passes $70K as MicroStrategy Ups Crypto Holdings

Bitcoin surged past $70,000 for the first time in March 2024 as leading corporate holder MicroStrategy took on $700 million in debt to finance further crypto purchases.

Yagyesh Jaiswal

Despite a brief dip earlier in the week, Bitcoin recovered strongly to set a new all-time high. MicroStrategy remains aggressively bullish on Bitcoin and intends to use newly raised capital to add to its holdings, showing continued institutional appetite for cryptocurrency.

Fed Chair: No CBDC Without Congress Approval

Federal Reserve Chair Jerome Powell addresses CBDC concerns, emphasizing privacy and the necessity for Congressional authorization before any potential adoption.

Yagyesh Jaiswal

Jerome Powell, the Federal Reserve Chair, clarified that the Federal Reserve has no immediate plans to adopt or recommend a Central Bank Digital Currency (CBDC) without explicit Congressional approval, prioritizing privacy concerns.

AI Crypto Market Soars: $25B Surge

Explore how the AI crypto sector's market cap soared to $25.1 billion in just 20 days, reflecting the booming interest in AI technology across the crypto landscape.

Yagyesh Jaiswal

The AI crypto sector witnessed a dramatic increase, with its market cap doubling to $25.1 billion in under a month, powered by groundbreaking developments and heightened global interest in AI technology.

Bitcoin Hits a New Peak of $70K as US Dollar Falls

Bitcoin topped $70,000 for the first time ever on March 8th amid a falling US dollar following an above-forecast US unemployment rate release.

Yagyesh Jaiswal

With the prospects of lower interest rates boosting risk assets, Bitcoin appears well-positioned to continue setting new price records in 2023 as it benefits from both a weaker dollar and its hard-capped supply.

Pantera Aims for $250M Solana Tokens from FTX

Pantera Capital sets its sights on acquiring $250 million worth of Solana tokens at a discounted rate from the bankrupt estate of FTX, signaling confidence in the blockchain’s future.

Yagyesh Jaiswal

Pantera Capital is in the process of securing up to $250 million worth of discounted Solana tokens from the bankrupt FTX estate, demonstrating a strategic investment move that leverages the current market dynamics.

Exploring Tesla & SpaceX's Bitcoin Assets via Arkham

Discover how Arkham Intelligence has shed light on the Bitcoin holdings of Elon Musk's companies, Tesla and SpaceX, positioning Tesla as the third-largest public corporate holder of Bitcoin.

Yagyesh Jaiswal

Arkham Intelligence reveals Tesla and SpaceX's Bitcoin addresses, detailing Tesla's status as a major corporate holder of Bitcoin and providing insights into the cryptocurrency activities of Elon Musk's companies.

Blockchain and AI Privacy Leader Secures $73M in Funding

Paris-based Zama has raised $73 million from top investors to further develop its homomorphic encryption technology, aiming to enhance privacy for blockchain and AI applications.

Yagyesh Jaiswal

This round of funding will allow Zama to scale its team and research efforts, bringing stronger privacy protections to more users and organizations working with sensitive data around the world.

SEC Files Court Case Against Binance.US

The SEC escalates its regulatory dispute with Binance.US, requesting court intervention over alleged compliance failures, highlighting critical issues in the management of customer assets.

Yagyesh Jaiswal

Amid allegations of insufficient regulatory compliance, the SEC requests further court action against Binance.US, citing concerns over customer asset management and operational autonomy, while Binance.US defends its compliance efforts and cites material damages.

Bitcoin and Gold: A New Era of Correlation in Conservative Investment Strategies

Discover how Bitcoin and gold are emerging as preferred assets in conservative investment portfolios, providing a hedge against global economic uncertainties and redefining traditional investment approaches.

Yagyesh Jaiswal

Amid global economic uncertainties, investors are increasingly correlating gold and Bitcoin in their portfolios, seeking stability and diversification. This shift indicates a broader acceptance of these assets as viable hedges against market volatility.

ETH Fees To Decline On Popular L2s Post Dencun Upgrade

Ethereum's upcoming Dencun hardfork is expected to lower costs for transferring data to layer 2 networks like Arbitrum and Polygon, but predictions on fee reductions vary.

Yagyesh Jaiswal

While Ethereum's Dencun upgrade on March 13th aims to substantially decrease costs for layer 2 rollups, the actual fee reduction amounts once it goes live remain unclear as they will depend on usage and market forces. Leading layer 2 teams expect anywhere from a 50% to 95% decline in costs.

Ethereum Price Rises Despite SEC, Fee Hikes

Ethereum reaches a two-year high at $3,700 as network fees soar, amidst the SEC's hesitance on ETH ETF applications, sparking discussions on network efficiency and regulatory future.

Yagyesh Jaiswal

Ethereum's price hits $3,700, reaching a two-year high while transaction fees on the network soar. This development occurs as the SEC delays decisions on Ethereum ETF applications, raising concerns and expectations within the crypto community.

Bitcoin Rockets to a Record-Breaking Peak Above $69K

Bitcoin's price has achieved a new record high, climbing above the $69,000 mark for the first time in history. The rapid growth has been attributed to increased institutional adoption through ETFs and a favourable macroeconomic environment.

Yagyesh Jaiswal

With increasing acceptance from major financial institutions and improving economic conditions, Bitcoin was propelled to shoot past its previous all-time high and register a new record price of over $69,000. Though short-term volatility remains, analysts believe this bull run has further cemented Bitcoin's role as a mainstream asset class.

Grayscale CEO: Huge Demand for Bitcoin ETFs

Grayscale CEO Michael Sonnenshein observes unparalleled investor demand for spot Bitcoin ETFs, signaling a new era of widespread adoption and financial innovation.

Yagyesh Jaiswal

Michael Sonnenshein, CEO of Grayscale, notes the exceptional demand for spot Bitcoin ETFs among both retail and institutional investors, attributing it to a new wave of cryptocurrency adoption.

Tether Hits $100B: A Global Trust Triumph

Explore the journey of Tether's USDT stablecoin as it approaches a $100 billion market cap, highlighting the surge in demand, strategic integrations, and its pivotal role in the global crypto ecosystem.

Yagyesh Jaiswal

Tether (USDT) is on the cusp of reaching a monumental $100 billion market cap, driven by heightened demand following the approval of Bitcoin ETFs, its crucial role in emerging markets, and strategic network choices.

Post from Shiba Inu Lead Dev Hints at Project's Next Phase

The lead developer of Shiba Inu, Shytoshi Kusama has revealed that the team has been working behind the scenes to deliver the project's full potential to supporters.

Yagyesh Jaiswal

Shiba Inu is ready to make new moves. Shytoshi Kusama's recent announcement signals that big changes are coming for Shiba Inu as the team readies to "level up" and showcase what the project is truly capable of.

Binance's LUNC Burns Spark Hopes of Terra Classic Resurgence

Cryptocurrency exchange Binance has incinerated over 2 billion LUNC tokens in a single day. This massive burn has reignited hopes that Terra Classic may experience a potential resurgence.

Yagyesh Jaiswal

Binance's consistent token burns have been cutting LUNC's supply for years. Their recent burning of over 2 billion LUNC tokens in one day has boosted optimism around Terra Classic's future as supply decreases and its price rises nearly 50% in the past month.

The ETHDenver Hackathon: Fueling Blockchain Innovation

ETHDenver is the largest community-owned blockchain festival, gathering developers each year to collaborate on innovative dApps and shape the future of Web3.

Yagyesh Jaiswal

ETHDenver is an example of community strength through diversity. When varied minds collaborate openly, limitless progress happens. By bringing your talents, you can directly influence the future for the benefit of all. Consider joining us - your contributions will enrich the tapestry of an event fueling decentralized opportunity.

$400M in ETH Leaves Blast Following Mainnet Launch

Blast saw nearly $400 million withdrawn following the official launch of its Ethereum scaling network mainnet as users look for new opportunities.

Yagyesh Jaiswal

While Blast attracted billions in deposits prior to launch with its yield offerings, its total value locked fell sharply after going live as traders seek to capitalize on profits given the significant ETH price rise since last year. Challenges around its bridge design and marketing may have also played a role in the withdrawals.

BTC Demand leaves Exchanges with only 40 Bitcoins

Recent data shows major crypto exchanges are running low on Bitcoin reserves as demand surges with the leading cryptocurrency's price rally. This shortage could fuel the next big price increase.

Yagyesh Jaiswal

With only 40 BTC left across major OTC platforms and the current cost of production now providing solid support, analysts believe conditions are ripe for Bitcoin to surge past $100,000 shortly.

Metis Uses Chainlink CCIP for Growth & Cross-Chain

Discover how Metis' integration of Chainlink's Cross-Chain Interoperability Protocol (CCIP) aims to expand its ecosystem, enhance user experiences, and drive the adoption of its Layer-2 network.

Yagyesh Jaiswal

Metis has integrated Chainlink's CCIP to improve cross-chain interactions and user experiences within its Ethereum Layer-2 network, aiming for broader stablecoin access and ecosystem growth.

ATOR Launches Privacy Network with Key Partners

ATOR collaborates with key partners to develop the largest decentralized privacy network (DePIN), marking a pivotal advancement in internet privacy through blockchain technology.

Yagyesh Jaiswal

ATOR announces strategic partnerships and a renewed mission to create the largest decentralized privacy and traffic-routing network, aiming to enhance internet privacy with Chainlink integration and support from industry leaders.