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Cardano founder Charles Hoskinson believes the DeFi being introduced to the Bitcoin ecosystem through EMURGO and BitcoinOS’ latest partnership will “dwarf” what we see with Ethereum and Solana. Cardano and BitcoinOS in a few days cooperated Hoskinson has already made bold statements to bring smart contract functionality to the Bitcoin network. The Cardano founder claimed in a tweet on October 25th that the decentralized financial ecosystem that is set to infiltrate the Bitcoin network will dwarf the Ethereum and Solana ecosystems. Hoskinson makes fun of DeFi on Bitcoin network Co-founder of Cardano tweeted He stated that he intends to facilitate…
Hackers return $19 million in stolen cryptocurrencies to US government just one day after breach – DL News
$20 million was stolen from a U.S. government wallet containing funds from the 2016 Bitfinex hack.Although most of the funds have been returned, some remain unpaid even after being transferred to exchanges.A US government-controlled cryptocurrency wallet was breached and $20 million was stolen, but most of the funds were mysteriously returned by the attackers yesterday.Arkham Intelligence, a blockchain analytics platform, has released the following updates.“Following the hack reported yesterday, a US government address just received $19.3 million less than 24 hours after the initial address compromise.”The reason behind the return remains speculative, but the exposure from the hack of government-linked…
Analyst Eglag predicts that if Bitcoin regains key price levels and reaches the $160,000 mark, XRP could soar more than 5,153%. Today, XRP encountered a significant pullback, with the price dropping below the $0.5 level for the first time in two months. On Friday, XRP plummeted to $0.4936, a 7.18% decline from its previous price of $0.5318. This drop in XRP price mirrors Bitcoin's performance, with the major cryptocurrency falling to $65,521 from around $69,000 on Friday. However, recovery has already begun in the cryptocurrency market. XRP is currently trading at $0.5140 while Bitcoin soars to levels around $67,000. In…
Solana Coin has 100 million active wallets, great news for emerging cryptocurrency hotshot Katshi as market continues to grow
According to Artemis Terminal, Solana's monthly active addresses soared to more than 100 million, the highest in the network's history. Furthermore, it soared more than 600% in October last year after breaking the 300-day mark. This is a strong entry signal for other currencies, as well as emerging currencies like CUTO, indicating that the broader crypto market is growing. Furthermore, on October 23rd, SOL price hit a new all-time high against Ethereum, reflecting the growing interest in altcoins from retail traders. With its hybrid protocol, Cutushi is expected to witness mass adoption and potentially the project will mirror Solana's price…
On a Friday in late September, Donald J. Trump took time off the campaign trail for a closed-door meeting at Mar-a-Lago with officials representing the vaping industry.The vaping emissaries talked about loosening regulations and told the former president he had “saved” the industry in the past. The group — including Mr. Trump’s 2016 campaign manager, Kellyanne Conway, and another 2016 campaign aide, Michael Rubino — showed him mock-ups of mailers they were sending out through Election Day. Mr. Trump asked for input on what he could say on social media about a complicated regulatory issue.Within hours, Mr. Trump had posted…
Ethereum (ETH), the world's largest altcoin, is facing major challenges as investors have expressed disappointment with recent price performance. Meanwhile, Layer 1 competitor Solana is gaining a lot of attention among investors as DeFi activity increases. Popular economist Alex Krueger says ETH is no longer Trump's trade and explains why he stopped betting on altcoins altogether. Shifting focus from Ethereum to other Solana Even though President Donald Trump is likely to win, prominent crypto analyst Alex Krueger advises betting on Ethereum. He speculated that while the overall altcoin market will turn positive following Donald Trump's victory, ETH is unlikely to…
Bitcoin has a 60% chance of reaching $170,000 this cycle, according to analyst Jamie Coutts – Here’s the timeline
Jamie Coutts, Principal Crypto Analyst at RealVision, says Bitcoin (BTC) could witness a rally of over 155% from current levels during this market cycle. Appearing on Raoul Pal's 'The Journey Man' YouTube channel, Coutts said Bitcoin could explode into six-figure territory as the global money supply increases. “My basic scenario is that if you look only at global M2 (money supply) and go back to August, the peak of the Bitcoin cycle, I would estimate that the price of Bitcoin would be around $100,000. I'm placing it as a potential outcome, but it's a very unlikely outcome. My proportional estimate…
Renowned Shiba Inu developer Karl Darya has reacted to the ongoing trend of FUD directed at Ethereum founder Vitalik Buterin, expressing his admiration. Darya pointed out that every time we see Buterin facing a FUD narrative, the concerns and challenges he is battling with Shiba Inu pale in comparison. he expressed Buterin made this point of view clear in response to repeated questions from community members regarding concerns about him and the Ethereum Foundation continuing to sell ETH tokens on the public market. Vitalik Buterin and Ethereum Foundation ETH Sale On October 15th, the Ethereum Foundation sold 100 ETH tokens…
Cryptocurrency trends in the stablecoin space are likely to grow exponentially in the coming years, according to a new report from Next Generation. The French fintech company estimates that the growth trend will continue until 2029 and the industry will be worth $3.4 trillion. Stablecoins can become one of the key resources in the field of digital payments, improving transaction efficiency and reducing cross-border costs. Let's find out more below. Next Generation Report: Bright Future Trends in Cryptocurrency Payments with Stablecoins The crypto stablecoin market is at the beginning of a strong growth trend, according to a report by French…
SUI price prediction | SUIUSD The Relative Strength Index (RSI), currently at 44, suggests there is scope for bullish momentum to emerge once bearish pressures subside and demand recovers. For a strong rally, SUI will need to break above the immediate resistance at $2.00. If this level is cleared, the next significant resistance level would be located near the recent highs at $2.35. A successful break above $2.35 could set the stage for a rally towards $2.5, a new record high for the token. On the downside, if SUI fails to hold the critical $1.5 support, it could signal further…