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Bitwise chief investment officer Matt Hougan believes Bitcoin (BTC) will hit $100,000Matt Hougan, the chief investment officer at Bitwise, is sharing his insights on what could drive Bitcoin’s price to reach $100,000 and beyond. He believes that current macroeconomic trends and on-chain data indicate that Bitcoin is on the verge of significant price increases. Hougan points out that major central banks are implementing more relaxed monetary policies just as Bitcoin’s supply is decreasing due to this year’s halving event, which cut miner rewards in half. He lists several factors

Bitwise chief investment officer Matt Hougan believes Bitcoin (BTC) will hit $100,000

Matt Hougan, the chief investment officer at Bitwise, is sharing his insights on what could drive Bitcoin’s price to reach $100,000 and beyond. He believes that current macroeconomic trends and on-chain data indicate that Bitcoin is on the verge of significant price increases.
Hougan points out that major central banks are implementing more relaxed monetary policies just as Bitcoin’s supply is decreasing due to this year’s halving event, which cut miner rewards in half. He lists several factors
Ripple CEO Brad Garlinghouse accuses the SEC of defying court rulings on XRPThe ongoing clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) shows no signs of resolution. Recently, Ripple’s executives took to social media to voice their discontent, claiming that the SEC has disregarded a recent court ruling regarding XRP. Stuart Alderoty, Ripple’s Chief Legal Officer, continues to challenge the SEC’s assertion that XRP qualifies as a security, despite a favorable ruling from the court. Ripple’s CEO, Brad Garlinghouse, has gone so far as to lab

Ripple CEO Brad Garlinghouse accuses the SEC of defying court rulings on XRP

The ongoing clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) shows no signs of resolution. Recently, Ripple’s executives took to social media to voice their discontent, claiming that the SEC has disregarded a recent court ruling regarding XRP.
Stuart Alderoty, Ripple’s Chief Legal Officer, continues to challenge the SEC’s assertion that XRP qualifies as a security, despite a favorable ruling from the court. Ripple’s CEO, Brad Garlinghouse, has gone so far as to lab
Solana’s total value locked surpasses $6 billion in OctoberIn October, Solana achieved a remarkable milestone, with its total value locked (TVL) exceeding $6.1 billion, the highest it has been since January 2022. This surge indicates a growing trust and engagement among users on the platform. TVL is an important metric in decentralized finance (DeFi) that reflects the total value of assets held in various projects. An increase in TVL typically points to more users investing their assets in these protocols, showcasing a rise in demand and confidence in t

Solana’s total value locked surpasses $6 billion in October

In October, Solana achieved a remarkable milestone, with its total value locked (TVL) exceeding $6.1 billion, the highest it has been since January 2022. This surge indicates a growing trust and engagement among users on the platform.
TVL is an important metric in decentralized finance (DeFi) that reflects the total value of assets held in various projects. An increase in TVL typically points to more users investing their assets in these protocols, showcasing a rise in demand and confidence in t
NEIRO soars over 5000%, hitting a new highNEIRO, a token on the Ethereum network, has experienced an astonishing rise of over 5000% in just a month, even reaching a new all-time high before pulling back slightly. However, this rapid increase has led to signs that a market correction may be on the horizon, as traders start to cash in on their profits. Currently, NEIRO appears to be facing a potential short-term price drop, with its Relative Strength Index (RSI) sitting at 74.65. This high RSI indicates that the token is overbought, sugge

NEIRO soars over 5000%, hitting a new high

NEIRO, a token on the Ethereum network, has experienced an astonishing rise of over 5000% in just a month, even reaching a new all-time high before pulling back slightly. However, this rapid increase has led to signs that a market correction may be on the horizon, as traders start to cash in on their profits.
Currently, NEIRO appears to be facing a potential short-term price drop, with its Relative Strength Index (RSI) sitting at 74.65. This high RSI indicates that the token is overbought, sugge
Ethereum’s daily active addresses surges by over 20%Ethereum is currently experiencing a notable increase in user engagement, with daily active addresses rising by 21%. This surge in activity typically suggests a growing user base, which could support price increases. However, despite this uptick, Ethereum’s price remains under pressure, hovering around $2,533. Traders are actively selling, which has made it difficult for the token to break through significant resistance levels. The rise in unique addresses conducting transactions indicates a hea

Ethereum’s daily active addresses surges by over 20%

Ethereum is currently experiencing a notable increase in user engagement, with daily active addresses rising by 21%. This surge in activity typically suggests a growing user base, which could support price increases. However, despite this uptick, Ethereum’s price remains under pressure, hovering around $2,533. Traders are actively selling, which has made it difficult for the token to break through significant resistance levels.
The rise in unique addresses conducting transactions indicates a hea
The Best Altcoin Picks As Experts Express Concerns Over Bitcoin Price TrendAs concerns grow over the recent Bitcoin price trend, many investors are shifting their focus to promising altcoins with greater growth potential. Experts predict a slowdown in Bitcoin price momentum, prompting savvy traders to spotlight FXGuys ($FXG), Artificial Superintelligence Alliance (FET), and Chainlink (LINK) as the best altcoins to deliver impressive returns. But why are $FXG, FET, and LINK standing out as the best altcoin picks in the current market climate? Let’s dive into why these t

The Best Altcoin Picks As Experts Express Concerns Over Bitcoin Price Trend

As concerns grow over the recent Bitcoin price trend, many investors are shifting their focus to promising altcoins with greater growth potential. Experts predict a slowdown in Bitcoin price momentum, prompting savvy traders to spotlight FXGuys ($FXG), Artificial Superintelligence Alliance (FET), and Chainlink (LINK) as the best altcoins to deliver impressive returns.
But why are $FXG, FET, and LINK standing out as the best altcoin picks in the current market climate? Let’s dive into why these t
Donald Trump becomes the first US president to use Bitcoin for a purchaseFormer US President Donald Trump has executed the inaugural acquisition of burgers utilizing Bitcoin, signifying a notable change in his perspective on crypto. The transaction occurred at PubKey, a Bitcoin-accepting pub in Greenwich Village, New York, and was facilitated by the Strike app, a payment platform utilizing Bitcoin’s Layer-2 Lightning Network. Thomas Pacchia, co-owner of the bar, saw Trump’s acquisition as a “coming of age” moment for Bitcoin, underscoring its public endorsement. Trum

Donald Trump becomes the first US president to use Bitcoin for a purchase

Former US President Donald Trump has executed the inaugural acquisition of burgers utilizing Bitcoin, signifying a notable change in his perspective on crypto.
The transaction occurred at PubKey, a Bitcoin-accepting pub in Greenwich Village, New York, and was facilitated by the Strike app, a payment platform utilizing Bitcoin’s Layer-2 Lightning Network. Thomas Pacchia, co-owner of the bar, saw Trump’s acquisition as a “coming of age” moment for Bitcoin, underscoring its public endorsement.
Trum
TON blockchain daily active addresses surge by over 3,435% in 2024In 2024, the Open Network (TON) blockchain has experienced a substantial rise in on-chain indicators, including trade volume, total value locked, active users, and daily transactions. Artemis data indicates a 760% year-to-date increase in the daily average trading volume on TON’s decentralized exchanges (DEX). The number of daily active addresses on TON increased from 26,274 in January to 902,737 in September, while daily transactions surged 12-fold from 232,286 in January to 2,823,801 in Septem

TON blockchain daily active addresses surge by over 3,435% in 2024

In 2024, the Open Network (TON) blockchain has experienced a substantial rise in on-chain indicators, including trade volume, total value locked, active users, and daily transactions.
Artemis data indicates a 760% year-to-date increase in the daily average trading volume on TON’s decentralized exchanges (DEX). The number of daily active addresses on TON increased from 26,274 in January to 902,737 in September, while daily transactions surged 12-fold from 232,286 in January to 2,823,801 in Septem
Tether announces its $1.5 million strategic investment in Sorted Wallet on Sept 19Tether has allocated $1.5 million to Sorted Wallet, a crypto wallet technology designed to enhance crypto adoption in underdeveloped regions. The investment reflects Tether’s dedication to improving financial inclusion and economic empowerment in marginalized areas. The platform seeks to incorporate individuals with basic mobile phones into the cryptocurrency domain, facilitating their integration into the digital asset ecosystem within the financial sector. This is especially significant for th

Tether announces its $1.5 million strategic investment in Sorted Wallet on Sept 19

Tether has allocated $1.5 million to Sorted Wallet, a crypto wallet technology designed to enhance crypto adoption in underdeveloped regions. The investment reflects Tether’s dedication to improving financial inclusion and economic empowerment in marginalized areas.
The platform seeks to incorporate individuals with basic mobile phones into the cryptocurrency domain, facilitating their integration into the digital asset ecosystem within the financial sector.
This is especially significant for th
Bitcoin surges almost 6% to above $61,000Bitcoin increased about 6% to surpass $61,000, concluding a three-day decline and recovering. The most valuable crypto globally is currently trading at $60,935, reflecting a 5.5% increase in the last 24 hours. The broader crypto market saw signs of revival, increasing its total value by over $45 billion, with Bitcoin and Ethereum spearheading the resurgence. The performance of the top 10 crypto by market capitalization has been inconsistent, reflecting a cautious tone in the market. Ethereum exp

Bitcoin surges almost 6% to above $61,000

Bitcoin increased about 6% to surpass $61,000, concluding a three-day decline and recovering. The most valuable crypto globally is currently trading at $60,935, reflecting a 5.5% increase in the last 24 hours.
The broader crypto market saw signs of revival, increasing its total value by over $45 billion, with Bitcoin and Ethereum spearheading the resurgence. The performance of the top 10 crypto by market capitalization has been inconsistent, reflecting a cautious tone in the market.
Ethereum exp
Tether Dominates Stablecoin Market with $118B SupplyTether’s USDT stablecoin now holds more than 75% of the stablecoin market, a considerable increase from 55% in 2022. This increase is attributed to the growing demand for USDT as a reliable middleman between fiat currencies and digital assets. With a circulating supply of $118 billion, USDT has witnessed consistent adoption throughout crypto marketplaces, bolstered by its good financial performance. Tether earned $400 million in income over the last month, cementing its status as the biggest sta

Tether Dominates Stablecoin Market with $118B Supply

Tether’s USDT stablecoin now holds more than 75% of the stablecoin market, a considerable increase from 55% in 2022. This increase is attributed to the growing demand for USDT as a reliable middleman between fiat currencies and digital assets.
With a circulating supply of $118 billion, USDT has witnessed consistent adoption throughout crypto marketplaces, bolstered by its good financial performance. Tether earned $400 million in income over the last month, cementing its status as the biggest sta
MicroStrategy to raise $700 million to buy more BitcoinMicroStrategy Incorporated intends to privately issue $700 million in convertible senior notes maturing in 2028, contingent upon market conditions. The business anticipates granting an option to acquire an additional $105 million in notes to first purchasers within 13 days of the notes’ issuance. The funds will be allocated to redeem its $500 million senior secured notes maturing in 2028 and may also be utilized to acquire further Bitcoin. The unsecured notes will mature on September 15, 2028, a

MicroStrategy to raise $700 million to buy more Bitcoin

MicroStrategy Incorporated intends to privately issue $700 million in convertible senior notes maturing in 2028, contingent upon market conditions. The business anticipates granting an option to acquire an additional $105 million in notes to first purchasers within 13 days of the notes’ issuance.
The funds will be allocated to redeem its $500 million senior secured notes maturing in 2028 and may also be utilized to acquire further Bitcoin. The unsecured notes will mature on September 15, 2028, a
Circle faces backlash for delaying action in freezing $5 million linked to North Korea’s Lazarus GroStablecoin issuer Circle has faced criticism for freezing approximately $5 million associated with North Korea’s Lazarus Group. The hacker organization is accountable for several prominent Bitcoin breaches and the postponement of freezing these assets has elicited significant criticism. On September 14, blockchain investigator ZachXBT disclosed that stablecoin issuers, including Tether, Circle, Paxos, and Techteryx, blacklisted two wallets associated with the Lazarus Group, which had around $4.9

Circle faces backlash for delaying action in freezing $5 million linked to North Korea’s Lazarus Gro

Stablecoin issuer Circle has faced criticism for freezing approximately $5 million associated with North Korea’s Lazarus Group. The hacker organization is accountable for several prominent Bitcoin breaches and the postponement of freezing these assets has elicited significant criticism.
On September 14, blockchain investigator ZachXBT disclosed that stablecoin issuers, including Tether, Circle, Paxos, and Techteryx, blacklisted two wallets associated with the Lazarus Group, which had around $4.9
Crypto donations reach $190 million ahead of the 2024 US electionsThe 2024 US election is imminent, with crypto donations totaling $190 million, signifying an increasing connection between the crypto sector and politics. This rise is substantial, as both Democratic and Republican candidates strive to gain the support of the crypto community, indicating a crucial juncture for incorporating digital assets into mainstream politics. The surge of political contributions from the crypto business may induce significant transformations, perhaps facilitating more advan

Crypto donations reach $190 million ahead of the 2024 US elections

The 2024 US election is imminent, with crypto donations totaling $190 million, signifying an increasing connection between the crypto sector and politics.
This rise is substantial, as both Democratic and Republican candidates strive to gain the support of the crypto community, indicating a crucial juncture for incorporating digital assets into mainstream politics.
The surge of political contributions from the crypto business may induce significant transformations, perhaps facilitating more advan
Arthur Hayes, co-founder of BitMEX, says Bitcoin (BTC) will have a strong weekArthur Hayes, co-founder of BitMEX, anticipates a bullish week for Bitcoin due to probable market developments that will help altcoins such as Sui (SUI). He believes that Bitcoin’s value may increase if market conditions continue to deteriorate. Hayes has expressed unhappiness with the Federal Reserve’s policies, claiming that they have not done enough to reduce government expenditure, which is the primary source of inflation. He expects Treasury Secretary Janet Yellen to intervene and inject ca

Arthur Hayes, co-founder of BitMEX, says Bitcoin (BTC) will have a strong week

Arthur Hayes, co-founder of BitMEX, anticipates a bullish week for Bitcoin due to probable market developments that will help altcoins such as Sui (SUI). He believes that Bitcoin’s value may increase if market conditions continue to deteriorate.
Hayes has expressed unhappiness with the Federal Reserve’s policies, claiming that they have not done enough to reduce government expenditure, which is the primary source of inflation.
He expects Treasury Secretary Janet Yellen to intervene and inject ca
US Bitcoin ETFs experiences the largest inflow since late July, with over $263 million in a single dBitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000. Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows. ARK Invest/21Shares’ Bitcoin Fund (ARKB) followed with around

US Bitcoin ETFs experiences the largest inflow since late July, with over $263 million in a single d

Bitcoin ETFs saw a jump in net buying on Friday, totaling $263 million, the greatest single-day inflow since July 22. This performance was fueled by a 12% gain in Bitcoin’s value, with one day seeing it surpass $60,000.
Fidelity’s Bitcoin (FBTC) saw a $102 million inflow, boosting its weekly profits to almost $218 million. Other Bitcoin ETFs managed by Bitwise, Franklin Templeton, Valkyrie, VanEck, and Grayscale saw positive inflows.
ARK Invest/21Shares’ Bitcoin Fund (ARKB) followed with around
Ethereum Whales moves $751M worth of ETH to exchangesIn the past week, there has been a significant influx of Ethereum holders selling their holdings, resulting in a total of 312,183 ETH being put into exchanges. This amount is valued at $751 million. The increase in deposits made for exchanging currencies reflects a rise in investor concern, leading market observers to closely monitor any possible changes in attitude. Moreover, the market performance of Ethereum has been closely examined, revealing a 4.5% decline in trade value over the past week

Ethereum Whales moves $751M worth of ETH to exchanges

In the past week, there has been a significant influx of Ethereum holders selling their holdings, resulting in a total of 312,183 ETH being put into exchanges. This amount is valued at $751 million.
The increase in deposits made for exchanging currencies reflects a rise in investor concern, leading market observers to closely monitor any possible changes in attitude.
Moreover, the market performance of Ethereum has been closely examined, revealing a 4.5% decline in trade value over the past week
Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoilThe price of Bitcoin has experienced a substantial decrease, declining from $57,000 on September 5 to $55,711.26, resulting in a severe downturn in market mood. The Crypto Dread & Greed Index has reentered the “extreme fear” zone, registering a score of 22, which is a notable decrease from the score of 29 recorded the previous day. Arthur Hayes, one of the co-founders, forecasts a continued decrease in the price of Bitcoin, indicating that it may drop below $50,000 during the upcoming weekend. T

Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil

The price of Bitcoin has experienced a substantial decrease, declining from $57,000 on September 5 to $55,711.26, resulting in a severe downturn in market mood.
The Crypto Dread & Greed Index has reentered the “extreme fear” zone, registering a score of 22, which is a notable decrease from the score of 29 recorded the previous day.
Arthur Hayes, one of the co-founders, forecasts a continued decrease in the price of Bitcoin, indicating that it may drop below $50,000 during the upcoming weekend. T
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024VanEck plans to terminate its Ethereum Strategy ETF (EFUT) by September 16, 2024, and expects to complete the liquidation process by September 23. EFUT, which was introduced in October 2023, has faced challenges in terms of limited growth in assets and performance when compared to VanEck’s more prosperous spot Ethereum ETF (ETHV). VanEck’s decision to liquidate EFUT is in line with its continuous evaluation of criteria such as performance, liquidity, and investor interest. EFUT shareholders will

VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024

VanEck plans to terminate its Ethereum Strategy ETF (EFUT) by September 16, 2024, and expects to complete the liquidation process by September 23.
EFUT, which was introduced in October 2023, has faced challenges in terms of limited growth in assets and performance when compared to VanEck’s more prosperous spot Ethereum ETF (ETHV).
VanEck’s decision to liquidate EFUT is in line with its continuous evaluation of criteria such as performance, liquidity, and investor interest. EFUT shareholders will
Bitcoin (BTC) Dumps Below $54K as Jobs Report Spurs Crypto VolatilityAccording to CoinGlass data, the crypto market encountered a significant price fluctuation that resulted in the liquidation of over $50 million worth of leveraged derivatives contracts across all crypto within one hour. Following the release of the US jobs report on Friday, the rise swiftly reversed, causing Bitcoin (BTC), the biggest crypto, to reach its lowest point in a month. This means BTC dropped below $54k. The sudden price fluctuation took leveraged traders by surprise, particularly thos

Bitcoin (BTC) Dumps Below $54K as Jobs Report Spurs Crypto Volatility

According to CoinGlass data, the crypto market encountered a significant price fluctuation that resulted in the liquidation of over $50 million worth of leveraged derivatives contracts across all crypto within one hour.
Following the release of the US jobs report on Friday, the rise swiftly reversed, causing Bitcoin (BTC), the biggest crypto, to reach its lowest point in a month. This means BTC dropped below $54k. The sudden price fluctuation took leveraged traders by surprise, particularly thos
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