Shiba Budz (BUDZ), KAVA, RNDR Brings Confidence Back to The Market
The cryptocurrency industry constantly changes, with new projects and tokens appearing frequently. Shiba Budz (BUDZ), Kava (KAVA), and Render (RNDR) are a few of the newest competitors on the market. These innovative ecosystems have caught the attention of many. In this article, we will explore how these projects are bringing confidence back to the market through continuous development.
The cryptocurrency industry constantly changes, with new projects and tokens appearing frequently. Shiba Budz (BUDZ), Kava (KAVA), and Render (RNDR) are a few of the newest competitors on the market. These innovative ecosystems have caught the attention of many. In this article, we will explore how these projects are bringing confidence back to the market through continuous development.
‘They’re Gonna Print the Money’: Investor Luke Gromen Says US Government Will Be Forced Into QE To Avert Crisis
Macro investor Luke Gromen says the US government will soon be forced to print more money to address its rising debt and obligations.
In a new interview with Peter McCormack on the What Bitcoin Did podcast, Gromen says that with the combination of diminishing productivity and rising costs, the US will face a simple choice between printing more money or defaulting on its debt.
Gromen, the founder and president of investment research firm Forest for the Trees (FFTT), says that cuts to public entitlements to balance the US budget would be politically and practically impossible. Cutting defense spending is even more far-fetched, the investor says, leaving money printing as the final option.
Macro investor Luke Gromen says the US government will soon be forced to print more money to address its rising debt and obligations.
In a new interview with Peter McCormack on the What Bitcoin Did podcast, Gromen says that with the combination of diminishing productivity and rising costs, the US will face a simple choice between printing more money or defaulting on its debt.
Gromen, the founder and president of investment research firm Forest for the Trees (FFTT), says that cuts to public entitlements to balance the US budget would be politically and practically impossible. Cutting defense spending is even more far-fetched, the investor says, leaving money printing as the final option.
KuCoin Forced To Exit New York After Settling State Attorney General’s Lawsuit for $22,000,000
Crypto exchange KuCoin will cease operating in New York as part of an agreement to settle a lawsuit accusing the Seychelles-based platform of failing to register as a securities and commodities broker-dealer.
In a new statement, the office of New York Attorney General Letitia James says KuCoin must pay the state a $5.3 million penalty and give refunds totaling more than $16.7 million.
Crypto exchange KuCoin will cease operating in New York as part of an agreement to settle a lawsuit accusing the Seychelles-based platform of failing to register as a securities and commodities broker-dealer.
In a new statement, the office of New York Attorney General Letitia James says KuCoin must pay the state a $5.3 million penalty and give refunds totaling more than $16.7 million.
Sui Foundation and Mysten Labs Debut Sui Basecamp, the First-Ever Global Conference for Sui
January 23, 2024 – Palo Alto, United States
Inaugural Sui ecosystem event comes to Paris on April 10-11, 2024.Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the layer one blockchain and smart contract platform the initial contributors of which are the technology team that emerged from Diem, Meta’s blockchain project.
A premier event for the broader Web 3.0 ecosystem, Sui Basecamp will take place in Paris on Wednesday, April 10, and Thursday, April 11, 2024, and will feature builders and partners from all over the world as the Web 3.0 community descends on the city of lights for Paris Blockchain Week.
January 23, 2024 – Palo Alto, United States
Inaugural Sui ecosystem event comes to Paris on April 10-11, 2024.Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the layer one blockchain and smart contract platform the initial contributors of which are the technology team that emerged from Diem, Meta’s blockchain project.
A premier event for the broader Web 3.0 ecosystem, Sui Basecamp will take place in Paris on Wednesday, April 10, and Thursday, April 11, 2024, and will feature builders and partners from all over the world as the Web 3.0 community descends on the city of lights for Paris Blockchain Week.
Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol as key drivers of bitcoin adoption growth, alongside strong institutional interest.
Number of Global Cryptocurrency Owners Jumped 34% in 2023Crypto trading platform Crypto.com published its annual Crypto Market Sizing Report on Monday. The firm explained that the number of crypto owners globally has notably risen despite several macro headwinds, including monetary tightening by Western central banks to curb inflation, ongoing conflicts in Europe and the Middle East, and the pandemic’s lingering impacts. Crypto.com detailed:
Global cryptocurrency owners increased by 34% in 2023, rising from 432 million in January to 580 million in December.
The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol as key drivers of bitcoin adoption growth, alongside strong institutional interest.
Number of Global Cryptocurrency Owners Jumped 34% in 2023Crypto trading platform Crypto.com published its annual Crypto Market Sizing Report on Monday. The firm explained that the number of crypto owners globally has notably risen despite several macro headwinds, including monetary tightening by Western central banks to curb inflation, ongoing conflicts in Europe and the Middle East, and the pandemic’s lingering impacts. Crypto.com detailed:
Global cryptocurrency owners increased by 34% in 2023, rising from 432 million in January to 580 million in December.
Ethereum Price Analysis: ETH Bulls Aim For $3,500
Ethereum price is rising above the $3,120 level against the US Dollar. ETH/USD could rise further if it clears the $3,250 resistance zone.
Ethereum Price AnalysisIn the past few sessions, Ethereum saw a decent increase above the $3,000 level against the US Dollar. ETH price was able to gain pace for a move above the $3,120 level and the 55 simple moving average (4 hours).
The bulls even pushed the price above the $3,200 resistance zone. A high is formed near $3,277 and the price is now consolidating gains. It is trading above the $3,200 level. It is also above the 23.6% Fib retracement level of the upward wave from the $2,868 swing low to the $3,277 high.
Ethereum price is rising above the $3,120 level against the US Dollar. ETH/USD could rise further if it clears the $3,250 resistance zone.
Ethereum Price AnalysisIn the past few sessions, Ethereum saw a decent increase above the $3,000 level against the US Dollar. ETH price was able to gain pace for a move above the $3,120 level and the 55 simple moving average (4 hours).
The bulls even pushed the price above the $3,200 resistance zone. A high is formed near $3,277 and the price is now consolidating gains. It is trading above the $3,200 level. It is also above the 23.6% Fib retracement level of the upward wave from the $2,868 swing low to the $3,277 high.
Bitcoin Whale Awakens After 8 Months, Sends 2,000 BTC Into New Wallet
A Bitcoin whale dormant for eight months has moved 2,000 BTC into a new wallet, stirring up speculation in the cryptocurrency market. Notably, a wallet is considered dormant if it hasn’t been active for six months or more.
According to a Friday tweet by crypto analytics firm LookOnchain, on Thursday, the whale transferred 2,000 BTC, worth approximately $132.41 million, to a new wallet and then deposited 1,100 BTC, worth around $74.34 million, into Binance. According to data by Arkham Intelligence, the whale currently holds BTC worth roughly $536 million.
A Bitcoin whale dormant for eight months has moved 2,000 BTC into a new wallet, stirring up speculation in the cryptocurrency market. Notably, a wallet is considered dormant if it hasn’t been active for six months or more.
According to a Friday tweet by crypto analytics firm LookOnchain, on Thursday, the whale transferred 2,000 BTC, worth approximately $132.41 million, to a new wallet and then deposited 1,100 BTC, worth around $74.34 million, into Binance. According to data by Arkham Intelligence, the whale currently holds BTC worth roughly $536 million.
Bitcoin Price Taps $65K As Analyst Who Nailed Pre-Halving All-Time High Says $95,000 Is ‘Quite Obvious’
The price of Bitcoin (BTC) today soared past the $65,000 mark for the first time since May 6. The climb came after U.S. data showed that the monthly pace of inflation was softer than expected in April. This development could spur the Fed’s willingness to begin rate cuts.
Meanwhile, BitQuant, who correctly called the Bitcoin lifetime high before the April halving event, sees Bitcoin hitting $95,000 “in just one move.”
Bitcoin Price Leaps Over $65KBitcoin rebounded strongly immediately after the U.S. Bureau of Labor Statistics released its new Consumer Price Index (CPI). The CPI report comes after a slew of higher-than-expected inflation readings, dampening traders’ hopes about when rate cuts might commence this year.
The BTC price now hovers at $66,034, CoinGecko data shows. That’s a 7.29% increase over the last 24-hour trading period. And Ether (ETH), the industry’s second-biggest crypto asset by market cap, was changing hands for $3,007.94 — a 3.9% gain compared to yesterday’s. Over the same period, Solana (SOL) jumped 7.6% to around $154.91.
The price of Bitcoin (BTC) today soared past the $65,000 mark for the first time since May 6. The climb came after U.S. data showed that the monthly pace of inflation was softer than expected in April. This development could spur the Fed’s willingness to begin rate cuts.
Meanwhile, BitQuant, who correctly called the Bitcoin lifetime high before the April halving event, sees Bitcoin hitting $95,000 “in just one move.”
Bitcoin Price Leaps Over $65KBitcoin rebounded strongly immediately after the U.S. Bureau of Labor Statistics released its new Consumer Price Index (CPI). The CPI report comes after a slew of higher-than-expected inflation readings, dampening traders’ hopes about when rate cuts might commence this year.
The BTC price now hovers at $66,034, CoinGecko data shows. That’s a 7.29% increase over the last 24-hour trading period. And Ether (ETH), the industry’s second-biggest crypto asset by market cap, was changing hands for $3,007.94 — a 3.9% gain compared to yesterday’s. Over the same period, Solana (SOL) jumped 7.6% to around $154.91.
Get your FREE Entry NFT for Crypto: The Game!
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Uniswap's acclaimed Crypto: The Game is about to launch its third season. You must purchase Entry NFT to participate in this survival game, but right now you can get Entry NFT for FREE (just by paying gas for the NFT claim).
Moreover, you can get Entry NFT in all the blockchains supported by the game, namely Ethereum, BSC, Base, Polygon, Arbitrum, Avalanche and Optimism. This will increase your chances in the game. Hurry up! There are only a few days left until the start of the third season!
Website: Crypto: The Game
Dogecoin Could Reach ‘$17 DOGE Price’ Based On These Surprising Past Breakout Trends
Despite enduring a recent downturn alongside other major cryptocurrencies like Bitcoin, Dogecoin (DOGE) is now showing signs of a bullish resurgence.
Earlier this week, the prominent meme token dipped to as low as $0.1140, marking its lowest point since February. Reports of significant DOGE holdings being transferred to exchanges sparked fears of a potential sell-off, but the price managed to rebound, with bullish investors staunchly defending the critical support level between $0.12 and $0.13.
Despite enduring a recent downturn alongside other major cryptocurrencies like Bitcoin, Dogecoin (DOGE) is now showing signs of a bullish resurgence.
Earlier this week, the prominent meme token dipped to as low as $0.1140, marking its lowest point since February. Reports of significant DOGE holdings being transferred to exchanges sparked fears of a potential sell-off, but the price managed to rebound, with bullish investors staunchly defending the critical support level between $0.12 and $0.13.