Derive suggests data shows the chances of Ether reaching $5,000 by the end of the year are low, but traders seem more bullish than ever amid significant ETF inflows. Onchain options protocol Derive says data shows Ethereum has less than a 10% chance of hitting the much-anticipated $5,000 mark by the end of 2024, despite...Continue Reading

Bitwise has predicted that in 2025, Bitcoin could hit $500,000, Coinbase will enter the S&P 500 and AI agents will drive the next “memecoin mania.” Crypto exchange-traded fund (ETF) issuer Bitwise has predicted at least five “crypto unicorns” will go public in 2025 — including stablecoin issuer Circle and crypto exchange Kraken. The so-called “crypto...Continue Reading

Scam Sniffer told Cointelegraph it was the first time it’s seen a scam use a “specific combination of fake X accounts, fake Telegram channels and malicious Telegram bots.” Scammers are combining social engineering with phony Telegram verification bots that inject crypto-stealing malware into systems to raid crypto wallets, blockchain security firm Scam Sniffer has warned. ...Continue Reading

Crypto commentators say there is “not much alpha in chasing alts” right now, but are eyeing the possibility of Bitcoin retesting $99,000. The majority of altcoins may continue to see a downtrend potentially until the end of January 2025, says Felix Hartmann, founder of venture capital firm Hartmann Capital. “Some alts may continue running briefly,...Continue Reading

The price of Magic Eden’s freshly airdropped ME token dipped as low as 67% from its post-launch high amid a flurry of complaints from users. Magic Eden’s freshly launched token has dipped in value on its release as the non-fungible token (NFT) platform’s users complained of a buggy mobile app and an overly complex claiming...Continue Reading

MARA’s shares closed down 4.4% on the day after announcing it had purchased nearly 11,800 Bitcoin and boosted its hashrate to an industry record. Bitcoin mining heavyweight MARA Holdings Inc. bought another 11,774 Bitcoin for $1.1 billion on Dec. 10, while its hashrate exceeded 50 exahashes per second (EH/s) — an industry first. MARA purchased...Continue Reading