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MicroStrategy Chairman Michael Saylor predicts that Ethereum could soon bag a security tag. Saylor believes Bitcoin is the only digital asset that is globally accepted. Michael Saylor, co-founder and chairman of MicroStrategy, predicted that the U.S. Securities and Exchange Commission (SEC) will classify Ethereum (ETH) as a security this summer. If this were to happen, Saylor emphasized that regulators would reject spot Ethereum exchange-traded funds (ETFs) filed by asset managers. Saylor says Bitcoin is the recognized institutional asset winner Thaler made a bold prediction, busy At the MicroStrategy World 2024 conference. He added that other top cryptocurrencies such as Cardano…
Ethereum price has yet to continue its upward trend following the rejection from the $4,000 resistance level. However, the bull is now showing signs of strength and is likely indicative of a more significant recovery. technical analysis Provided by:TradingRage daily chart As the daily chart shows, Ethereum price failed to break out of the $4,000 resistance level and has been lowering its highs and lows in a descending channel ever since. Still, the cryptocurrency is rising above the $3,000 level and the midline of the channel. If the market successfully recovers to these levels, we can expect it to break…
Ethereum price has yet to continue its upward trend following the rejection from the $4,000 resistance level. However, the bull is now showing signs of strength and is likely indicative of a more significant recovery. technical analysis Provided by:TradingRage daily chart As the daily chart shows, Ethereum price failed to break out of the $4,000 resistance level and has been lowering its highs and lows in a descending channel ever since. Still, the cryptocurrency is rising above the $3,000 level and the midline of the channel. If the market successfully recovers to these levels, we can expect it to break…
Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Web3 Gaming has always been a polarizing feature within the blockchain space and is a polarizing industry in itself. In many ways, its rise and fall mirrored the broader crypto industry's boom-to-bust transition from 2021 to 2022. But with cryptocurrencies showing steady growth and DeFi gaining more traction, few expected Web3 gaming to become more than an insignificant niche. After all, traditional gamers quickly realized that many of these games were unfun or time-consuming and complicated ways…
Bitcoin has regained attention and regained its position above $64,000 today. But this resurgence was troubling for short sellers, who saw more than $150 million worth of his positions disappear in just one day. However, cryptocurrency expert Titan of Crypto says Bitcoin is currently in the second phase of its bull market, which could set the stage for a profitable period for investors. I declare this with confidence. Here's why: Welcome the Bitcoin bull market As Bitcoin price surges to match last week’s highs, Titan of Crypto sees this as the opening gun to a bullish rally. They suggest that…
The world of digital currencies is heating up, and here's why. Experienced trader Peter Brandt has made waves with his optimistic outlook for Bitcoin, backed by 50 years of expertise. By boldly declaring Bitcoin, “Once in a lifetime deal” Brandt has overshadowed other cryptocurrencies such as altcoins and meme tokens. celebrate big milestones Brandt recently used the X Platform to commemorate his 53rd anniversary in the futures market, underscoring his belief in Bitcoin's unparalleled potential. Brandt's Trade Portfolio Mr. Brandt also shared that he has traded futures contracts ranging from corn to gold, government bonds to copper, sugar to palm…
The world of digital currencies is heating up, and here's why. Experienced trader Peter Brandt has made waves with his optimistic outlook for Bitcoin, backed by 50 years of expertise. By boldly declaring Bitcoin, “Once in a lifetime deal” Brandt has overshadowed other cryptocurrencies such as altcoins and meme tokens. celebrate big milestones Brandt recently used the X Platform to commemorate his 53rd anniversary in the futures market, underscoring his belief in Bitcoin's unparalleled potential. Brandt's Trade Portfolio Mr. Brandt also shared that he has traded futures contracts ranging from corn to gold, government bonds to copper, sugar to palm…
Read U.TODAY google news A single Bitcoin (BTC) transaction has attracted a lot of attention due to the size of its gas fees. Blockchain analysis platform Whale Alert Confirmed This means that a fee of 1.5 BTC was paid for each transaction. This fee is equivalent to $100,254 based on the current market value of top cryptocurrencies. This fee is significantly higher than the average transaction cost.This user paid this huge fee to have the transfer included in a regular Bitcoin block. Some of these transactions are recorded in the past. In September 2023, Bitcoin users paid 19 BTC in…
single bitcoin BTCUSD This deal has attracted a lot of attention due to the size of its gas fees. Blockchain analysis platform Whale Alert confirmed that a fee of 1.5 BTC was paid for each transaction. This fee is equivalent to $100,254 based on the current market value of top cryptocurrencies. This fee is significantly higher than the average transaction cost.This user paid this huge fee to have the transfer included in a regular Bitcoin block. Some of these transactions are recorded in the past. In September 2023, Bitcoin users paid 19 BTC in transaction fees. This was around the…
Rumor has it that Fidelity, the $4.8 trillion asset management giant, has revealed a groundbreaking secret. They are focused on Bitcoin and other cryptocurrencies. The revelation marks a seismic shift as traditional financial giants wake up to the appeal of digital assets. Leading the way are companies like BlackRock's head of digital assets, who have hinted that sovereign wealth funds and others are tapping into the multitrillion-dollar world of cryptocurrencies through Bitcoin ETFs. At the forefront of this is the US pension fund, which boasts assets of over $10 trillion. Are pension funds entering cryptocurrencies? Manuel Nordeste, vice president of…