Author: News Room
As part of Bitcoin Investor Day, billionaire Anthony Scaramucci, founder of SkyBridge Capital, shared his views on the future of demand for Bitcoin and predicted a significant increase in the next decade. Speaking to Yahoo Finance, Scaramucci cited several factors that contributed to this prediction. The event, which includes individual investors and important corporate participants, aims to make Bitcoin accessible to a wider audience. Scaramucci stated that the change in Bitcoin demand dynamics, especially with the approval of Bitcoin ETFs by the SEC and the halving event planned to be held at the end of April, has turned from an…
NFT Price Floor co-founder Nicolás Lallement anticipates a quality NFT comeback thanks to the bullish sentiment and cheap layer-2 solutions. As the craze around meme coins keeps unfolding, the spotlight now shifts to non-fungible tokens (NFTs), a sector experiencing renewed interest following a period of subdued activity. NFT Price Floor co-founder Nicolás Lallement shared with crypto.news his perspective on the current state of NFTs, saying the market is “already seeing signs” of their comeback. Lallement, the head of the analytical website focused on NFT-related data, underscored the signs of a digital collectibles’ resurgence, pointing to recent notable sales such as…
OKX, a leading cryptocurrency exchange platform, announced that it has listed VENOM on futures in a bid to strengthen its offerings in the ever-expanding crypto market. OKX Adds Perpetual Futures for VENOM, Introduces Margin Trading and Simple Profit Features This development comes alongside the introduction of margin trading and Simple Earning features for VENOM, which are planned to be implemented in the coming days. According to the official statement made by OKX, USDT margin perpetual futures trading for VENOM will go live on March 25, 2024 at 11:30. Additionally, margin trading and Simple Profit feature for VENOM will be enabled…
Some coins are rising at the end of the week, while others have returned to the red zone, according to CoinStats. SOL/USD The rate of Solana (SOL) has almost not changed since yesterday. On the hourly chart, the price of SOL is looking bullish as the price is approaching the resistance level of $177.39. If bulls can hold the gained initiative and the bar closes near that mark, there is a chance of a breakout followed by a move to the $180 zone. A less clear picture is on the daily time frame. Today’s rise has not affected the overall…
Skybridge Capital founder Anthony Scaramucci has advised bitcoin investors to act like they are dead with their coins and not sell them. “Don’t do anything with it,” he recommended, emphasizing: “The dead people at Charles Schwab do far better than the living people.” Anthony Scaramucci’s Bitcoin Investing Advice Skybridge Capital founder Anthony Scaramucci offered some […] Read the full article here
A closely followed crypto analyst believes that rallies are in sight for a couple of altcoins including the native asset of the decentralized oracle network Chainlink (LINK). Pseudonymous analyst Inmortal tells his 211,300 followers on the social media platform X that he sees LINK rallying close to $26. But before Chainlink could surge to a level last seen over two years ago, Inmortal sees the altcoin dropping to as low as $15. “LINK: $15-$17 is a good range to add to spot bags. Quite simple.” At time of writing, Chainlink is trading for $18.30. Next up, the trader is also…
In a recent turn of events, Arkham Intelligence has unveiled asset manager Grayscale’s astounding Bitcoin transfers since the launch of Bitcoin ETFs on January 11. Reportedly, Grayscale has moved a total of 266,470 Bitcoins out of their wallets for GBTC redemptions. At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS.Since GBTC started trading as an ETF on 11th January, Grayscale has transferred 266.47K BTC out of their wallets for GBTC redemptions.That’s a rate of 25.9K BTC per week. pic.twitter.com/tMT7T73ena — Arkham (@ArkhamIntel) March 23, 2024 According to the surprising estimations of Arkham Intelligence,…
In the sands of Arrakis and the bustling markets of feudal Japan, trade is the lifeblood of society. Just as the characters in Dune and Shogun navigated intricate webs of alliances and commerce, businesses face similar challenges in today’s complicated global trade landscape. Yet, as supply chains become increasingly complex, it’s blockchain technology that is up to the task of revolutionizing and modernizing trade finance, offering a transformative solution to the persistent trade finance gap. While trade may sound like a complex conversation, two recent releases covering the subject have drawn massive audiences. Dune: Part Two has generated over $490…
Floki developers are working on offering regulated digital banking accounts that can be funded with FLOKI tokens and used to transact in USD, EUR, and GBP. The project also includes plans for debit cards and staking services, with accounts being facilitated through a partner licensed in Canada, Spain, Dominica, Australia and the UAE. Floki developers are planning to offer users a regulated digital banking account they can fund using (FLOKI) tokens that transact in dollars, euros and sterling, lead developer B told CoinDesk. The development is part of a broader plan to release debit cards and staking services propelling the…
Vitalik Buterin says the coming five years will be a turning point. At ETHTaipei 2024, he shared his thoughts on what’s next for Ethereum and how it could change the real world. What caught him off guard on the crypto scene? NFTs and meme coins have had a wild ride — nobody saw that coming five years ago. But what’s really got him excited is the leap in ZK technology, or zero-knowledge proofs, which allows users to prove ownership of assets without performing additional operations. Ethereum has been changing fast, merging and tweaking its code. But with all these big…