Other key indicators suggest that Bitcoin’s long-term floor price is above $40,000. Questions have arisen around Bitcoin’s fair value after a popular economist predicted that the world’s first cryptocurrency may never fall below $60,000. The Bitcoin (BTC) price could settle above the $60,000 psychological mark, according to economist and rader Alex Krüger, who wrote in...Continue Reading

The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025. Bitcoin (BTC) touched $69,000 on US election day on Nov. 5 as a key onchain metric flipped bullish, suggesting that BTC’s uptrend toward $120,000 “remains intact.” BTC/USD daily chart. Source: TradingView Bitcoin...Continue Reading

Crypto investors are calling for a Trump victory due to the infamous “inverse Cramer” effect following the popular television host’s Monday predictions of a Harris victory. Television personality Jim Cramer may have indirectly signaled a victory for former United States President Donald Trump in the 2024 presidential election. On Monday, Nov. 4, Cramer reviewed the...Continue Reading

Swift, UBS and Chainlink aim to modernize traditional finance by enhancing tokenized fund processes with blockchain. In a key development under the Monetary Authority of Singapore’s (MAS) Project Guardian, Swift, UBS Asset Management and blockchain oracle network Chainlink have completed a pilot for tokenized fund settlement. This initiative uses Swift’s global financial messaging network —...Continue Reading

Pyth Network aggregates price information from a network of trusted data providers, including exchanges and market makers, to ensure that the data is accurate and timely. Pyth Network is a decentralized oracle (essentially, a service that connects blockchains to real-world data) that brings real-time financial metrics, such as stock, crypto and commodities prices, onto blockchains....Continue Reading

More than $9.4 billion worth of Bitcoin was owed to about 127,000 Mt. Gox creditors for over 10 years. Mt. Gox transferred billions of dollars worth of Bitcoin, partly to centralized exchanges, suggesting that more creditors may be repaid as the 10-year saga approaches a conclusion. The wallet associated with the bankrupt cryptocurrency exchange transferred...Continue Reading

As interest in Hamster Kombat declines, PAWS surges, outperforming the once-top Telegram Mini App. Once a leading tap-to-earn game on Telegram, Hamster Kombat has seen a steep decline in its user base and engagement due to political backlash, bans and new competition. Hamster Kombat boasted 300 million users in August, but as of Nov. 5,...Continue Reading

Secondary market resales of crypto assets long after they were first distributed by their developers are not “securities” transactions, lawyers for Binance and its former CEO argued. Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies. Legal defense for Binance and its former CEO Changpeng “CZ”...Continue Reading

There are several new candidates who could potentially become the next chair of the SEC. United States President Joe Biden appointed Gary Gensler as the chairman of the Securities and Exchange Commission on April 17, 2021, with his term set to expire on Jan. 5, 2026. However, Gensler’s direct interventions in the US crypto industry,...Continue Reading

Post-election price volatility could set the stage for Bitcoin’s rally to a new record high above $73,800. Bitcoin could see heightened price volatility following the United States presidential election, but analysts view this as a positive development for its price trajectory. As of 8:05 am UTC on election day, Bitcoin (BTC) remains subdued under its...Continue Reading