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Day by day, more and more people are starting to invest in cryptocurrencies such as: Bitcoin (Cryptocurrency: BTC). It's not difficult to understand why. Over the past 10 years, S&P500 The value has increased by approximately 278%. Meanwhile, Bitcoin's value soared more than 17,000% during the same period.Most investors only need one ETF if they want to bet on cryptocurrencies and add significant growth potential to their portfolio.There's a reason why Bitcoin has become so popularSix years ago, legendary investor Peter Thiel summed up the pitch for investing in cryptocurrencies when he spoke about Bitcoin: “Money is a bubble that…
Trader outlines path forward for altcoins that rose more than 800% in one week, sets targets for Bitcoin and Ethereum
A widely followed crypto analyst and trader outlines the likely path forward for the memecoin, which has exploded more than ninefold in a matter of days. An analyst known by the pseudonym Altcoin Sherpa told his 224,800 followers on social media platform After that, he said, there is a possibility that prices will fall for a while. “I think the GOAT $0.20 to $0.40 range is very healthy. Personally, I'm holding on to this for a while yet.” Source: Altcoin Sherpa/X According to Altcoin Sherpa, GOAT's market cap could reach $500 million. GOAT's current market cap is just under $430…
Historical data shows that Bitcoin (BTC) has performed well in the fourth quarter of past bull cycles, especially during the halving. Current on-chain data shows that the leading cryptocurrencies are following previous patterns and are once again on track for a noteworthy fourth quarter. A report from market analysis platform CryptoQuant reveals that Bitcoin price gains in the coming weeks are likely to persist as demand for Bitcoin recovers and is growing at its fastest monthly pace since April. Ta. Bitcoin's seasonal performance is strong Bitcoin's seasonal performance during the 2012, 2016, and 2020 halvings saw Bitcoin increase by 9%,…
U.S. Rep. John Curtis speaks during the Utah Senate primary debate for Republican candidates vying for retiring Sen. Mitt Romney's seat on June 10, 2024 in Salt Lake City.Rick Bowmer | APSALT LAKE CITY — John Curtis, a Republican congressman from Utah, has become a popular figure in the crypto industry as he seeks to win the Senate seat held by outgoing Mitt Romney. To get there, he took a rather long path through the telecommunications sector.At an event in Salt Lake City last week, Curtis told dozens of crypto enthusiasts that several years ago he and several members of…
Regardless of bullish predictions for Ethereum price, WallitIQ (WLTQ)’s potential 7200% rise can be attributed to its innovative and unique AI capabilities and growing demand for smart financial solutions . These characteristics lead to a positive impact of the native token WallitIQ (WLTQ) in the crypto market and attract investors.WallitIQ (WLTQ) is the next generation decentralized cryptocurrency wallet that will dominate the crypto world through a combination of both. Artificial intelligence (AI) and Advanced machine learning (ML) algorithmsprovides a smooth and secure experience for everyday cryptocurrency users.As pointed out by top analysts, the characteristics and characteristics of the native token…
Survey reveals that virtual currency's influence on the 2024 US presidential election is greater than expected
According to recent information, investigation The U.S. presidential candidate's stance on cryptocurrencies could be more consequential than initially expected, according to the Digital Chamber, a pro-cryptocurrency industry group. 26 million voters in the “cryptocurrency voting bloc” “Cryptocurrency voting bloc” refers to a group of voters (both Republicans and Democrats) who believe that digital assets are “very” or “very” important in deciding their vote. These voters are more likely to support candidates with pro-crypto positions. Of the 1,004 respondents surveyed, about 16%, or one in seven, said digital assets play an important role in deciding which candidate to support. Interestingly, 25%…
Bloomberg analyst Eric Balchunas commented on this new historic moment for the crypto market.On Friday, the U.S. Securities and Exchange Commission (SEC) granted early approval to 11 exchange-traded funds (ETFs) to list and trade options tied to the spot price of Bitcoin on the New York Stock Exchange (NYSE). gave.According to Balciunas, the SEC recently approved the same for Nasdaq, so this news is not a big surprise, even though it is positive news for cryptocurrencies in general.They recently approved the same thing on Nasdaq, so it wasn't a huge surprise, but it was still good news since the SEC…
There's more to Bitcoin than just its incredible upside potential. Just ask Mark Cuban. 58% increase over the year; Bitcoin (BTC -0.44%) Bitcoin remains one of the best-performing cryptocurrencies in 2024. Bitcoin's current price of $67,000 is well within reach of its all-time high of $73,750 and appears poised for a strong year-end rally. So it's perhaps no surprise that billionaire investors are starting to take a harder look at Bitcoin as we head into 2025. One of them is billionaire tech entrepreneur Mark Cuban, who has become increasingly bullish on why investors should consider adding to the world's most…
Early Friday morning, the official X (formerly Twitter) account of EigenLayer, a prominent risk-staking protocol, compromised According to confirmation from developer Eigen Labs, it was used to facilitate fraudulent airdrops. Hackers exploited this account to share misleading posts about the fake reallocation of EIGEN tokens in EigenLayer's Airdrop Season 2. This malicious campaign attempted to lure users into visiting suspicious links and submitting false claims. Aftermath and details After the hack, Eigen Labs immediately warned users about the breach and urged them not to visit posts or fraudulent links. The developer emphasized the importance of verifying all communications and ensuring…
10:30 ▪ 3 Minimum read time up to ▪ Fenelon L. A quiet revolution in account abstraction is growing in the crypto ecosystem, led by BASE. The “State of Crypto 2024” report reveals some surprising numbers, propelling Coinbase’s blockchain among the leaders in terms of growth. Base drives large-scale adoption with account abstraction On October 17th, Andreessen Horowitz (a16z), a well-known venture capital firm, released its annual report “State of Crypto 2024”. The study sheds light on the crypto sector weeks before the November US elections. This report focuses on the unprecedented adoption of cryptocurrencies, their growing importance in political…