Cryptocurrency - news

Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
Economist Jim Rickards Predicts Gold Price Exceeding $27,000 — Says: ‘It’s Not a Guess. It’s Rigorous Analysis’
19.05.2024 01:15
Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It’s the result of rigorous analysis,” he clarified. This represents a significant increase from his previous estimate of $15,000 by 2026. Jim Rickards’ $27K Gold Prediction Explained Economist Jim Rickards shared his prediction […]
bitcoin.com
#central banks #crypto #cryptocurrency #digital assets #economics #gold #gold price forecast #gold price prediction #james rickards #jim rickards #m1 money supply
This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
This Crypto Trader Just Sold All His Bitcoin For Altcoins Like Cardano And XRP, Here’s Why
19.05.2024 00:00
Crypto expert Michaël van de Poppe recently revealed that he had sold all his Bitcoin and rotated his capital to altcoins. The analyst explained the reason for this move and remarked that he was doing this to acquire more of the flagship crypto later on. Why This Analyst Swapped His Bitcoin For Altcoins In an X (formerly Twitter) post, Van de Poppe explained that altcoins have been “crushed unreasonably hard.” As such, he believes things can only improve from here on, noting that the “upside (for these altcoins) can’t be denied.”  Related Reading: Crypto Analysts Reveal Sub-$1 Altcoins Set To Outperform In The Bull Run Based on his explanation, the analyst suggested that these altcoins will likely outperform Bitcoin from here on as the flagship crypto already had its moment before the halving when crypto natives swapped their altcoins for Bitcoin. Before now, Van de Poppe had already predicted that altcoins would make a bounce in their Bitcoin pairs post-halving.  He also mentioned [...]
newsbtc.com
#altcoin #altcoin news #altcoins #altcoins news #analyst #crypto #crypto analyst #crypto news #crypto trader #trader #trader news
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
Blackrock Bitcoin ETF Attracts 414 Institutional Holders — Analyst Says IBIT ‘Blows Away Record’
18.05.2024 23:20
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commission (SEC). A senior Bloomberg analyst described this achievement as “mind-boggling” and “highly rare” for new ETFs. Other recently launched ETFs have significantly fewer institutional […]
bitcoin.com
#ark spot bitcoin etf #bitcoin etf inflows #blackrock #crypto #crypto assets #cryptocurrency #finance #ibit bitcoin holdings #institutional investment #u.s. spot bitcoin etfs
 Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler’s Digest, May 12-18
Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler’s Digest, May 12-18
18.05.2024 22:30
Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted.
cointelegraph.com
#hodler's digest
 Microsoft faces multi-billion dollar fine in EU over Bing AI
Microsoft faces multi-billion dollar fine in EU over Bing AI
18.05.2024 22:01
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.
cointelegraph.com
#europe #european union #fines #microsoft
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
18.05.2024 21:50
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly […]
bitcoin.com
#bonds #china #china treasury #dollar assets #economic leverage #economics #economy #interest rates #news #trade tensions #treasury notes #u.s. treasury #us economy
Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars
Floki Inu Frenzy: Memecoin Eyes New Highs As Open Interest Soars
18.05.2024 21:00
Floki Inu (FLOKI), the Shiba Inu-inspired memecoin, has rocketed into the spotlight with a surge in trading activity and a nearly 20% price increase in the past week. However, experts caution that this “pup-ularity” might be short-lived, fueled more by hype than by strong foundations. Related Reading: Crypto Alert: VeChain Bull Run Imminent, Expert Predicts 500% Rally Open Interest Takes Off: Newcomers Flock To FLOKI The key indicator driving excitement is the skyrocketing Futures Open Interest for FLOKI. According to Coinglass, this figure, which reflects the number of outstanding futures contracts, has climbed a staggering 110% since May 1st, reaching a 30-day high of nearly $20 million. This suggests a surge of new market participants entering FLOKI positions, potentially anticipating further price increases. Adding fuel to the fire is the significant rise in FLOKI’s daily trading volume. On May 15th, Santiment reported a daily volume exceeding $1 billion, marking the highest level [...]
newsbtc.com
#altcoins #crypto #cryptocurrency market news #floki #floki inu #memecoins
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days
18.05.2024 20:27
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it. […]
bitcoin.com
#crypto #cryptocurrency #decentralized finance #defi #defi protocols #defi value #eigenlayer #ethereum #lido #perfectswap #tvl #value locked
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
18.05.2024 19:15
Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth $670 million. The Famous Bitcoin for Pizza Offer That Took 4 Days to Complete In May 2010, […]
bitcoin.com
#$10000 btc #2 pizzas #bitcoin #bitcoins pizza #crypto #cryptocurrency #featured #laszlo hanyecz #laszlo hanyecz 10000 btc #martti malmi #papa johns #pizza #pizza offer
Cardano Whales Return To The Table, Increase Massive Holdings By 10%
Cardano Whales Return To The Table, Increase Massive Holdings By 10%
18.05.2024 19:00
Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, which could experience significant price surges soon enough based on this development.  Related Reading: Solana On The Brink? Price Stalemate At Crucial $140 Support Cardano Whales Add To Their Holdings The market intelligence platform IntoTheBlock recently revealed in an X (formerly Twitter) post that Cardano whales (who hold between 100 million and 1 billion ADA) have now added 11% to their balances over the past 30 days. These investors now hold 6.71% of Cardano’s total supply.  This represents a bullish development for Cardano since whale accumulation usually suggests that these investors are positioning for a potential price surge. These whales also contribute to the price surge since buys of such magnitude could trigger a rally in the price of any crypto token.  Besides the whales, retail investors are also [...]
newsbtc.com
#ada #adausd #adausdt #altcoins #blockchain #cardano #crypto news #cryptocurrency #cryptocurrency market news #price
 ‘Godfather of AI’ advises UK government to start UBI
‘Godfather of AI’ advises UK government to start UBI
18.05.2024 18:30
Geoffrey Hinton also warns that advanced AI could pose an existential threat within the next five to twenty years.
cointelegraph.com
#chatgpt #future of money #google #openai #technology #united states
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
18.05.2024 17:36
This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 per troy ounce for the first time since February 2013. Silver Hits $31 per Ounce, Outperforms Gold […]
bitcoin.com
#.999 ounce ##silversqueeze #ag #bullion #gold #market updates #one ounce of silver #precious metals #silver #silver short squeeze #silver squeeze #troy ounce
AGIX Sustains Momentum Above 100-Day Moving Average – Rally Imminent?
AGIX Sustains Momentum Above 100-Day Moving Average – Rally Imminent?
18.05.2024 17:00
AGIX is one of the leading AI tokens in the crypto space with a total supply of 2 billion, and a total trading volume of over $105 million, which is over 11% down in the last 24 hours. For over two days, the price of AGIX has been holding strong above the 100-day Simple Moving Average (SMA). The token which has been on a downward ally for quite some days, is showing some signs of price reversal and if this happens a change of direction might occur and the price of AGIX will start a new movement upward. As of the time of writing, AGIX was trading around $0.98817 above the 100-day simple moving average, about 1.68% up in the last 24 hours. Currently, there are two main resistance levels of $0.99038 and $1.04237 and two main support levels of $0.82620 and $0.75779, respectively. Technical Indicators Suggest Upward Rally For AGIX 4-Hour MACD: A technical look at the MACD indicator from the 4-hour timeframe, the MACD histograms are trending above the zero line, and both the MACD line and [...]
newsbtc.com
#agix #agixusd #agixusdt #ai #alligator indicator #macd #relative strength index #rsi #simple moving average #sma
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
18.05.2024 16:20
It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the […]
bitcoin.com
#bitcoin halving #blockchain #blockchain activity #btc miners #crypto #cryptocurrency #dune analytics #ordinals inscriptions #runes protocol #transaction fees
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers
18.05.2024 15:33
Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group (DCG), which argued that repayments should be based on January 2023 cryptocurrency values. […]
bitcoin.com
#bankruptcy #bitcoin #crypto #crypto assets #cryptocurrency #digital assets #genesis #liquidation #news bytes #news bytes - 2 #repayment plan
Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In
Why Did Bitcoin Just Jump 10%? Blockchain Firm Weighs In
18.05.2024 15:00
The cryptocurrency market has been on a hot streak in the past few days, with several large-cap assets posting significant gains in the past week. Most notably, the Bitcoin price bounced back from around $61,000 to above $67,000 for the first time in nearly a month. As expected, this latest price movement has sparked a lot of speculation and discussion around the premier cryptocurrency. Popular blockchain analytics firm CryptoQuant has shared on-chain insights into the recent Bitcoin price rally and its future trajectory. How Did Bitcoin Price Reach $67,000? In a recent report, CryptoQuant revealed the catalyst and on-chain manifestations behind BTC’s latest rally to above $67,000. According to the analytics firm, the price of Bitcoin rode to its new highs on the back of the news of lower-than-expected inflation in the United States. Related Reading: Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead The inflation data released on Wednesday, May 15 showed that the [...]
newsbtc.com
#bitcoin #bitcoin price #btc #btc price #btcusdt #cryptoquant
Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?
Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?
18.05.2024 15:00
According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data.  However, Bitcoin is an asset subject to the influence of several forces. According to a report by blockchain analysis platform LookonChain, BTC may soon experience another price rally following an increase in the supply of a specific stablecoin. Related Reading: Unstoppable Bitcoin? CryptoQuant’s CEO Foresees Bull Run Extending To 2025  Can USDT Replicate Surging Effect On Bitcoin?  In an X post on Friday, LookonChain reported that the Tether Treasury has minted an additional 1 billion USDT indicating a consistent rising demand for the stablecoin. USDT which ranks as the third largest cryptocurrency doubles as the most dominant stablecoin in the crypto space with a market cap value of $111.25 [...]
newsbtc.com
#1 billlion usdt #bitcoin #btcusd #btcusdt #tether #usdt #usdt supply
 LayerZero identifies over 800K addresses in sybil self-reporting phase
LayerZero identifies over 800K addresses in sybil self-reporting phase
18.05.2024 14:57
Initially, the team identified over two million addresses as potential sybils but later refined their criteria to minimize false identifications, resulting in a more precise classification.
cointelegraph.com
#airdrop farming #bounty hunting #defi #hyperliquid #layerzero #self-reporting #sybil #token allocation #zro
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
18.05.2024 14:41
Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from […]
bitcoin.com
#7-day nft sales #april nft sales #blockchain #crypto #cryptocurrency #digital collectibles #markets and prices #nft #nft sales
 Why is XRP price up today?
Why is XRP price up today?
18.05.2024 14:09
XRP whale accumulation and cooling inflation in the U.S. are the top catalysts behind the cryptocurrency's ongoing price recovery.
cointelegraph.com
#technical analysis #xrp price #xrp whales
 What is the Ethereum (ETH) burn address
What is the Ethereum (ETH) burn address
18.05.2024 13:53
The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation.
cointelegraph.com
#burn address #eth tokens #ethereum
 AI safety researchers leave OpenAI over prioritization concerns
AI safety researchers leave OpenAI over prioritization concerns
18.05.2024 13:30
Following the recent resignations, OpenAI has opted to dissolve its “Superalignment” team and integrate its functions into other research projects within the organization.
cointelegraph.com
#agi #ai safety #governance crisis #ilya sutskever #internal restructuring #jan leike #openai #superalignment team
Indian Regulator Advocates Multi-Agency Approach for Crypto
Indian Regulator Advocates Multi-Agency Approach for Crypto
18.05.2024 13:20
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability. SEBI […]
bitcoin.com
#binance #crypto #crypto assets #cryptocurrency #cryptocurrency regulation #fiu-ind #g20 #india #kucoin #rbi #regulation #regulatory framework #sebi
Welcome to Duelbits’ Festival Of Football
Welcome to Duelbits’ Festival Of Football
18.05.2024 13:00
As the anticipation builds for Euro 2024 and Copa America, Duelbits has recently announced a promotion that promises excitement and rewards for avid soccer fans. Wager $20 or more each week with an eligible bet to add a stamp to your booklet. Each stamp will reward you with a $5 Free Bet which will be […]
bitcoin.com
#branded spotlight
ADA Price Surge Could Push Ratio Of Holders In Loss Below 55%
ADA Price Surge Could Push Ratio Of Holders In Loss Below 55%
18.05.2024 13:00
Cardano (ADA), the proof-of-stake blockchain network known for its smart contracts, has defied recent predictions of a fall from the top 10 cryptocurrency rankings by market cap. In a surprising move, ADA has instead become the top performer among major coins, experiencing a 7% surge in the last 24 hours. This price action has ignited discussions about ADA’s potential to revisit its 2021 glory days, when it reached a peak of $3.10. Related Reading: Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation A Tale Of Two Whales: Retail Accumulation Vs. Profit Taking The recent price increase can be attributed to two key factors: a surge in buying pressure and a potential upcoming “battle of the whales.” On-chain data reveals that retail investors, the so-called “whaley” masses, have been accumulating ADA aggressively, particularly between $0.48 and $0.50. This large cluster of buyers could act as a support system if the price reaches that level. However, lurking beneath the bullish [...]
newsbtc.com
#ada #adausd #adausdt #altcoins #crypto news #cryptocurrency #cryptocurrency market news #price
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