Author: News Room
According to breaking information, Coinbase Derivatives LLC has quietly filed for certification with the CFTC to list US-regulated futures for Dogecoin (DOGE), Litecoin (LTC) and Bitcoin Cash (BCH). However, it was learned that these applications were made on March 7, but were not noticed by anyone. If there is no objection from the CFTC, futures will begin trading on April 1. Coinbase’in Dogecoin için yaptığı başvuruyu gösteren görsel. Some analysts think that if these applications begin to be traded smoothly, it could pave the way for futures ETFs for the altcoins in question. *This is not investment advice. Read the…
According to Nick, the Cheeky Crypto YouTube channel host, FLOKI, one of the dog-themed memecoins, will rally higher after the recent pullback. The renowned technical analyst explained how FLOKI would forge another leg in a five-wave rally on the weekly chart. Nick revealed how the memecoin rallied since Q4 2023 when it kick-started the five-wave pattern on the weekly chart. He noted how the rally delivered almost 2,000% gains before embarking on the latest retracement. This year alone, FLOKI returned over 1,000% in profit following a price surge that escalated at the end of February. As of the time of…
Both Rep. Patrick McHenry and Sen. Cynthia Lummis said there’s a potential path for a stablecoin bill on Congress this year, though they couldn’t say when it could happen. The U.S. Senate has been trailing on the stablecoin issue, without any committee work yet on a bill. WASHINGTON, D.C. — U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a scheduled floor vote. “We have a workable frame,” McHenry, the chairman of the House…
In the past year, competition within the centralized exchange (CEX) track has witnessed a new trend. With the emergence of various narratives such as Inscription, BRC-20, and Re-Staking, wallet-centered asset management services have become a new battleground among CEXs. Major CEXs have successively entered the fray, engaging in fierce competition. Emily Bao, Head of Partnerships and Marketing at Bybit Web3, shared insights with Invezz ranging from Bybit’s strategy in the Web3 arena to CEX competition within this realm, as well as market trends and future prospects for Web3 development. Bybit recently launched Keyless Wallet. What sets it apart from Web3…
Bernstein Predicts Bitcoin ($BTC) Price Will Hit $90,000 by Year-End Amid Bullish Market Factors
Financial services firm Bernstein raised its year-end price target for the flagship cryptocurrency Bitcoin ($BTC) to $90,000 from $80,000, citing a confluence of bullish factors. According to a recent report by analysts Gautam Chhugani and Mahika Sapra. a new Bitcoin bull cycle is underway, fueled by strong inflows into the newly launched spot Bitcoin exchange-traded funds (ETFs), aggressive expansion of mining capacity, and record-breaking miner revenue. The analysts noted that Bitcoin miners remain “compelling buys for equity investors seeking exposure to the crypto cycle,” as CoinDesk reports, and revised their estimates for cryptocurrency mining stocks. They noted that they foresee…
Peter Schiff Highlights Problem With Owning Bitcoin ETF — BTC Investors Respond Self-Custody Is Key
Gold bug Peter Schiff has highlighted a problem with owning spot bitcoin exchange-traded funds (ETFs). However, the issue Schiff pinpointed isn’t unique to bitcoin ETFs. This discussion has reignited calls for self-custody among crypto proponents. Peter Schiff’s Warning Prompts Self-Custody Push Gold advocate and economist Peter Schiff has highlighted a problem with owning spot bitcoin […] Read the full article here
After some no good, very bad days for Bitcoin that saw the world’s oldest and largest cryptocurrency sink below $62,000, BTC has come surging back. BTC rose as high as $68,120.08 early Thursday morning. By mid-morning the Bitcoin price had settled to $66,828.32 after having gained 6% in the past 24 hours, according to CoinGecko data. It’s still not quite level with its price from a week ago—but then it was this time last week that Bitcoin soared past $73,000 to set a new all-time high. Crypto prices tanked at the start of the week, due in part to some…
Dover — ChainGPT, an AI-powered Web3 infrastructure provider, joins forces with Polygon Labs, a leading Ethereum scaling solutions pioneer, to streamline AI-powered NFT generation and on-chain minting. The collaboration integrates ChainGPT’s AI NFT Generator with the Polygon blockchain, allowing creators to simplify the NFT development process within Polygon’s efficient framework.—As Bitcoin surges and NFTs make a comeback, there’s a growing need for user-friendly tools to assist developers and Web3 users in generating unique NFT art.The rising popularity of digital art, coupled with advancements in generative AI, presents exciting opportunities to showcase creative NFT collections. However, the current Web3 ecosystem lacks…
In a significant development for the blockchain community, QuickNode, a leading blockchain development platform, has announced its launch on Starknet. The strategic move is set to empower developers by providing them with advanced tools and resources to build and deploy decentralized applications (dApps) with greater efficiency and effectiveness. Through the integration with Starknet, QuickNode aims to streamline the development process, making it more accessible for developers to leverage the potential of blockchain technology. Enhancing Developer Experience with QuickNode QuickNode’s platform is renowned for its robust developer tools and Web3 API, designed to simplify the complexities associated with blockchain application development.…
A Solana-based meme coin SLERF is not showing performance similar to WIF, PEPE or even SHIB. Meme coins are known for their wild price swings and often move up, driven by fear of missing out (FOMO). SLERF seems to be following this pattern but not bringing any profits. After losing a staggering 6,039 SOL (worth about $1.15 million), this trader sold all their SLERF holdings at a loss. Not learning from the painful hit, they moved their remaining SOL to Binance. Just the day before, the same investor had experienced a loss of 2,793 SOL by buying SLERF with $1…