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Crypto expert Michaël van de Poppe has made a bullish case for Bitcoin as he alluded to macroeconomic factors that could soon play out in the flagship crypto’s favor. In line with this, he urged Bitcoin investors to take action with a parabolic surge on the horizon. An Imminent Quantitative Easing Would Be Good For Bitcoin Van de Poppe suggested in an X (formerly Twitter) post that Bitcoin will rise on the back of a Quantitative Easing (QE), which he anticipates is “close.” He noted that the Fe...

The two new tokens teased by MakerDAO are NewStable (NST) and NewGovToken (NGT). NST replaces Dai and offers upgraded features while NGT replaced MKR and empowers broader governance participation. Existing Dai and MKR holders will have the choice to transition to the new tokens or continue using their current assets. MakerDAO, the decentralized autonomous organization […] The post MakerDAO unveils two new tokens in a major overhaul appeared first on CoinJournal...

Solana is set to expand its ecosystem liquidity by bridging to the Bitcoin network. Slated for Q3 2024, the project will be facilitated by the Zeus Network. The Solana network is set to launch a cutting-edge cross-chain bridge meant to connect its ecosystem to Bitcoin by the third quarter of 2024. Solana Virtual Machine and [...]...

Quick Take Over the past few days, Bitfinex has recorded a substantial 6% increase in Bitcoin (BTC) long positions held by whales — totaling a staggering 48,615 BTC. Analyzing Bitfinex whale activity in 2024 reveals a clear pattern: On Feb. 10, these whales held over 76,000 BTC, but by March’s all-time high, the holdings had […] The post Bitfinex whales bolster Bitcoin holdings by 6% amid recent price surge appeared first on CryptoSlate...

Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF market, investing $74M in various funds. Bitcoin price surpasses $61,000 amidst market dynamics, signaling resilience and potential. Yong Rong HK Asset Management Ltd, a prominent investment firm based in Hong […] The post Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF appeared first on CoinJournal...

Jared Bernstein's remarks on US money printing spark controversy and bring Bitcoin into the spotlight as a potential inflation hedge. The post “US government can’t go bankrupt because we can print our own money,” says Biden Administration appeared first on Crypto Briefing...

April's VC investments in crypto startups totaled $935 million, with a focus on blockchain infrastructure and DeFi sectors. The post Crypto startups received $935 million from VC funds in April appeared first on Crypto Briefing...

As the crypto landscape undergoes fluctuations, the focus intensifies on the longstanding Ethereum versus Bitcoin rivalry, alongside noteworthy performances by Cosmos (ATOM) and BlockDAG. While Ethereum and Bitcoin grapple with power dynamics, Cosmos struggles with a downturn in its market value. Contrastingly, BlockDAG shines with its significant financial growth, innovative payment options, and a robust [...] The post Crypto Market Overview: Ethereum, Bitcoin, Cosmos, And Viral Sensation Block...

Some analysts were frightened by the recent drop in Bitcoin prices. Though the coin is showing signs of strength, multiple leveraged longs were liquidated early this week. In a post on X, one analyst thinks Bitcoin might have just found support, bottoming up after the contraction this week, pushing it lower from the multi-week range established in mid-March through to the better part of April. Bitcoin Retracement Is Deeper And Took Longer: Bottom In? Expressing confidence, the analyst cited a h...

XRP has largely had a lackluster price movement in recent months, although it continues to show promise for real-world utility. Particularly, the price of XRP was recently rejected at $0.66 after a little surge which saw it falling back down as far as the $0.42 price level. The crypto now finds itself ranging between $0.6 […]...