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Galaxy Digital CEO Novogratz expects BTC to stabilize between $58,000 and $75,000 National debt issue will make it easier to sell BTC for the next 4 years Many crypto insiders and analysts have shared their short-term price predictions as follows: Bitcoin's [BTC] The half-life is approaching. For example, just recently Rich Dad Poor Dad author Robert Kiyosaki predicted that BTC could reach $100,000 by September. Similarly, BitGo CEO Mike Belshe is a conservative BTC price The goal is likely to reach $80,000 by May. However, Mike Novogratz, CEO and founder of Galaxy Digital, doesn't completely agree. Instead, the executive said…
Ethereum’s Dencun upgrade represents a significant advancement in the evolution of blockchain. Far from a finished product, Ethereum (Ethereum 6.44%) It aims to one day become powerful enough to help all of humanity. To achieve this, Ethereum developers are constantly announcing new upgrades that make Ethereum more functional and viable. The most notable upgrade over the past few years is known as the Merge, which moved blockchains from proof-of-work to proof-of-stake consensus mechanisms. Sticking to their plan to make Ethereum the best blockchain, developers launched the Dencun upgrade on March 13th. Dencun, a nickname that combines Deneb and Cancun upgrades,…
The all-time high of cryptocurrencies continued to fall today as Bitcoin (BTC) price once again fell below the $70,000 level. Furthermore, Ethereum price has approached levels below $3,500. Meanwhile, other top altcoins such as Solana (SOL), XRP, and Cardano (ADA) have fallen significantly.Today's major virtual currency pricesThe price of Bitcoin had fallen by 0.62% to $69,655.55 at the time of writing on Thursday, March 28th. Meanwhile, trading volume increased by 14.39% in the past 24 hours to $41.15 billion. Meanwhile, the market capitalization of virtual currencies boasted $1.36 trillion.Turning to altcoins, at the time of writing, the price of Ethereum…
BlobScriptions, a new Ethereum blockchain feature introduced by Ethscriptions on March 27th, has significantly increased Blob fees. These fees required to include data in the Ethereum block jumped to 585 Gwei (about $18) shortly after launch, as opposed to the previous average of 1 Way (a fraction of a cent).Despite the initial spike, Blob fees have fallen to 35.8 Gwei ($1.20) per Coinbrain data. Since BlobScriptions' debut, we've had over 4,500 registrations, showing that user adoption is increasing. Tom Lehman, founder of Ethscriptions, highlighted the rising cost of “blobspace” and urged users to use the official protocol.Although the Ethscriptions indexer…
Key PointJudge Chhabria said the case had “several fatal problems”He said it would be “difficult” for the case to be remedied even with an amendment application.Apple faces multiple antitrust claims, including a recent major Justice Department lawsuitApple has won a consumer lawsuit accusing tech giants of antitrust violations for preventing payment apps Venmo and Cash App from facilitating cryptocurrency transactions.In a ruling Tuesday, U.S. District Judge Vince Chhabria said the proposed class action has “several critical problems” and that the plaintiffs “have not adequately asserted their antitrust position.” No (and perhaps even a Section 3 position). Alleged anti-competitive conduct and…
NEW YORK: Sam Bankman Freed, the disgraced cryptocurrency whiz who was found guilty in one of the largest financial fraud cases in history, is scheduled to be sentenced on Thursday (March 28). . Bankman Freed, known by his initials SBF, was convicted in November by a New York jury after a five-week trial investigating the former high roller's dramatic fall from grace. U.S. prosecutors are seeking a sentence of 40 to 50 years in prison. The government's sentencing request takes into account fraud charges estimated at more than $10 billion, saying Bankman Fried's seven convictions reflect the defendant's “unparalleled greed…
Former FTX chief Sam Bankman Fried is expected to be sentenced after being found guilty of fraud by a New York jury in November (Angela Weiss)Disgraced cryptocurrency genius Sam Bankman Freed is scheduled to be sentenced Thursday after being found guilty in one of the largest financial fraud cases in history.Bankman Freed, known by his initials SBF, was found guilty by a New York jury in November after a five-week trial investigating the former high roller's horrific fall. , U.S. prosecutors are seeking a sentence of 40 to 50 years in prison.The government's sentencing request takes into account fraud estimated…
This Friday, the spotlight will be on Deribit, the leading crypto derivatives exchange as it gears up for a notable event in trading history. Notably, the exchange is poised to witness the expiration of over $9.5 billion in Bitcoin options open interest. For context, Open interest refers to the total number of outstanding derivative contracts, such as futures and options, that are not settled or closed. It represents the number of contracts held by market participants at the end of each trading day. This surge in open interest recorded by Deribit reflects an increase in market participants and indicates increased…
Ethereum has been showing some interesting movement on its price charts lately. The question on many people's minds is: Is Ethereum finally on the safe side?Recently, Ethereum price has shown some encouraging moves, rising above its 21-day exponential moving average. This is an important line on the chart that helps you track the average price over the past 21 days. Crossing this line is a good sign and could mean that the coin’s price could start gaining more traction.ETHUSD Charts by TradingViewBut it's not completely sunny yet. There is a price called resistance, which for Ethereum is around $3,600. Resistance…
Last updated: March 27, 2024 18:49 EDT | 28 min read Cold wallets, also known as hardware wallets, are one of the safest storage solutions for your cryptocurrencies. That’s because they store your wallet’s seed phrase offline while being encrypted. In other words, if a hacker compromises your computer, they won’t be able to see the seed phrase and steal your funds.What’s more, hardware wallets require that you authorize each transaction by pressing physical buttons. So unless someone holds your hardware wallet and knows your PIN number to unlock it, they can never transfer funds out of your cold wallet.Given…