Bitcoin might hit an all-time high of $210,000 by the end of this year, says a fresh set of predictions by a prominent quantitative trading firm. Head of Research at Presto, Peter Chung, made this sweeping prediction in an interview with CNBC on April 28. Institutional Money And Global Liquidity Drive Bullish Outlook The bullish…
Common and Aleph Zero co-founder Adam Gągol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless default, and why it’s crucial for the mainstream adoption of crypto. Common and Aleph Zero co-founder Adam Gągol joined Decrypt to talk about how the DeFi suite is making accessible privacy a seamless…
Most cryptocurrency rallies throughout the years have seen at one point or another the crucial entrance of retail investors. However, the cycle that many believe started after the US elections seemed to lack those market participants. The latest data from Santiment, though, reveals that they might have finally arrived. Are They Here? One of the…
Bitwise and Grayscale have also applied for ETFs tracking Dogecoin. Bitwise and Grayscale have also applied for ETFs tracking Dogecoin. dogecoin, Coins Decrypt
There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the derivatives market. Monero, which obscures the sender’s and recipient’s addresses to provide an untraceable currency, has limited…
The U.K. government released its consultation papers on draft legislation for the crypto sector. “This will see the creation of new regulated activities such as operating a cryptoasset trading exchange and stablecoin issuance, as well as market abuse and admissions and disclosures regimes,” the Governments website said on Tuesday. The country launched a consultation on…
Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store stablecoins. Crypto compliance firms typically score crypto wallet addresses based on their likelihood of…
Asset manager 21Shares has submitted a proposal to list a spot Dogecoin exchange-traded fund (ETF). Other firms, including Grayscale, Bitwise, and REX Shares, have also submitted applications for similar Dogecoin ETFs. The SEC is currently said to be reviewing over 70 crypto ETF applications, Asset manager 21Shares has submitted a proposal to list a spot…
The Bitcoin price has just printed a rare Golden Cross on the weekly chart — a technical signal that historically appears once every market cycle. This Golden Cross has previously preceded some of Bitcoin’s most explosive bull runs, and analysts are eyeing its return as a sign that the next bullish leg up could be…
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM). This progress comes just months after Circle’s…
