Author: Issac Lane
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US Government Transfers $1.9 Billion in Bitcoin to Coinbase Prime
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Seized Silk Road Bitcoin Moves Following 2021 Zhong Investigation The United States government has moved over $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet. The transfer, which took place on December 2, 2023, involved around 19,800 BTC, valued at $94,169 per coin at the time. Silk Road…
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Ether Set to Break $4,000 Before Trump’s Inauguration, Say Analysts
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ETH outperforms Bitcoin in futures yields, with optimism growing over potential regulatory changes and ETF inflows. Ether Outperforms Bitcoin in Open Interest Ether (ETH) is gaining momentum and could breach $4,000 before President-elect Donald Trump’s inauguration on 20 January, analysts suggest. With a current price of $3,567, Ether has outpaced Bitcoin (BTC) in futures open…
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Bitcoin Holds 8% Gains as Ethereum Eyes $4,000 Comeback
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Bitcoin bulls defend key support levels, while Ethereum shows signs of a long-awaited resurgence. Bitcoin Maintains Strength Above $90,000 Bitcoin continued to consolidate around $96,000 on November 29 after a “fantastic” retest of support levels, according to analysts. Data from TradingView showed reduced price volatility for BTC/USD, following rapid gains on November 27, which ended…
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Cardano (ADA) Rises Sharply Amid Network Growth and Bullish Momentum
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ADA price surges following key developments, increased network activity, and positive market sentiment. Cardano’s ZK Smart Contracts Boost Price Cardano’s ADA token has witnessed a significant price surge, rising over 10% in the last 24 hours to reach $1.15, marking a multi-year high. The rally follows the launch of the first zero-knowledge (ZK) smart contract…
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Binance Airdrop Portal Welcomes Thena (THE) as Second Project
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Thena set to launch on Binance with airdrop rewards for BNB holders. Binance has announced Thena (THE) as the latest addition to its Airdrop Portal, marking the platform’s second airdrop project after the launch of Banana Gun (BANANA) in October 2024. Thena, a decentralized exchange (DEX) and liquidity layer, is built on BNB Chain and…
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Morocco to Legalise Cryptocurrencies, Following MiCA-Inspired Regulations
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Morocco’s central bank drafts new crypto regulations after a five-year ban, aiming to embrace digital assets and innovation. Morocco Prepares to Legalise Cryptocurrencies Morocco is set to overturn its 2017 ban on cryptocurrencies, signalling a major shift in its stance on digital assets. According to a Reuters report, the country’s central bank, Bank Al-Maghrib, has drafted a…
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Solana DEX Volume Hits Record High as SOL Eyes $300 Milestone
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Surging network activity and memecoin frenzy drive Solana’s impressive growth. Solana DEX Volume Surpasses $100 Billion Solana’s decentralized exchange (DEX) trading volume reached a new milestone, surpassing $100 billion in November, according to DefiLlama data. The network achieved $109.8 billion in monthly DEX trade volume, nearly double Ethereum’s $55 billion. Daily and weekly records were…
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Bitcoin ETFs Hit Record Highs with Over $3.1 Billion in Weekly Inflows
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Investor enthusiasm remains strong as Bitcoin ETFs mark new milestones amid a parabolic price rally. Record Weekly Inflows for Spot Bitcoin ETFs United States-based spot Bitcoin exchange-traded funds (ETFs) reached a record $3.12 billion in inflows during the week of November 18–22, according to CoinShares data. This represents a 102% surge from the previous week’s…
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Ether Price Correction Expected Before Rally to $20,000 by 2025, Say Analysts
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Crypto experts predict a short-term dip for Ether before a significant rally, with a potential cycle top of $20,000 in 2025. Ether Set for Short-Term Correction Amid Bitcoin Surge Ether (ETH) has gained over 33% in the past month, trading above $3,368 as of 10:23 am UTC on Nov. 23. However, analysts warn that a…
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Bitcoin Predicted to Hit $100K by Year-End as Bulls Dominate
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Prediction markets strongly favour six-figure Bitcoin prices, while institutional inflows and sell-side pressure shape the market. 85% Odds of Bitcoin Reaching $100K by New Year Bitcoin’s journey toward a six-figure valuation appears inevitable, with prediction markets assigning an 85% chance of BTC surpassing $100,000 by 31 December 2024. Data from the betting platform Kalshi also…