Tag: Cryptocurrency market
Kamala Harris’ Crypto Stance Unlikely to Sway Voters, Says Bernstein
Vice President Kamala Harris has recently been making efforts to connect with the crypto industry, but analysts at Bernstein believe that her actions may not be enough to sway voters in the upcoming US...
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
Bitcoin Price Prediction: VanEck Forecasts $2.9M by 2050
VanEck recently released a research report outlining a bold prediction for Bitcoin's future value. The firm suggested that Bitcoin could potentially reach a whopping $2.9 million per coin by 2050 in a base case...
Ether Price Surges Above $3.5K Before ETH ETF Trading, Inflow Worries Persist
Ether (ETH) saw a significant price increase, surpassing $3,500 as anticipation builds for the launch of U.S.-based spot exchange-traded funds (ETFs). However, concerns linger regarding the potential impact of Grayscale's $9 billion ETH Trust...
Ryan Selkis Resigns as Messari CEO – CoinJournal Update
Ryan Selkis, the CEO of crypto platform Messari, has announced his resignation from his position. This decision comes after a series of controversial political tweets that have put his team at risk. Selkis will...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...
Ethereum Price Breakout: 2 Million Addresses Could Profit at $3,200
Ethereum has bounced back above $3,000, bringing relief to holders and traders after a recent dip below $2,800. The focus now is on whether the price can break through the $3,200 level, a move...
Navigating Crypto VC Funding Amid Side-Dealing Accusations
The recent EthCC conference held in Brussels drew over 1,000 attendees, with Vitalik Buterin, the co-founder of the Ethereum Foundation, delivering a keynote speech. At the same conference, a significant revelation emerged regarding accusations...
Bitcoin Mining Difficulty Drop Similar to FTX Collapse, CryptoQuant Analysis
Bitcoin mining difficulty saw a significant drop of 7.8% on June 5, 2024, reaching levels not seen since before the halving event in April. This is the largest difficulty drop since the collapse of...