Despite previous patterns in Bitcoin’s price movements, the current market conditions indicate a lack of significant upward or downward movement. This is an anomaly compared to previous cycles where substantial growth was fueled by increases in global money supply. The absence of a similar pattern in the current cycle suggests a different dynamic at play.
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Ric Edelman, the founder of the Digital Assets Council of Financial Professionals and Edelman Financial Services, recently made headlines with his bold Bitcoin price prediction. According to Edelman, Bitcoin’s price could skyrocket to $420,000, driven by a modest global asset allocation towards the cryptocurrency. This forecast has garnered significant attention in the financial world, especially
Oklahoma recently made headlines with the signing of a new bill, HB 3594, into law by Governor Kevin Stitt. This bill, set to take effect on November 1, is aimed at protecting crypto-related rights within the state. One of the key aspects of this legislation is that the Oklahoma state government is now prohibited from
In a world where technology is constantly evolving, the gaming industry is no exception. Shutdown, developed by Garage Studios, takes players into a dystopian world where they must battle rogue AI threats. The game’s top-down co-op shooter gameplay is inspired by well-known titles like Diablo and Path of Exile. What sets Shutdown apart is its
The enigmatic figure known as the “King Shrimp” has been making waves in the world of cryptocurrency investments. With a string of large purchases in the Mollars token presale, this investor has quickly risen to become one of the largest holders of Ethereum blockchain’s new store-of-value token. While their identity remains a mystery, their investment
In the midst of the recent decline in Bitcoin’s price and the overall cryptocurrency market, Titan of Crypto has brought attention to the $61,500 price level as a crucial threshold to keep an eye on for the largest cryptocurrency. He views this level as pivotal for Bitcoin and believes it could determine the coin’s next
The Ethereum options market for June is showing a significant interest in higher strike prices, particularly those exceeding $3,600. Traders are heavily focusing on call options at these levels, indicating a bullish sentiment toward Ethereum’s near-term trajectory. The most favored strike price among these optimistic bets is an ambitious $6,500. Options are contracts that give
Meme coin FLOKI has defied the odds by rallying 8.8% in the last 24 hours, trading at a price of $0.0001887. This surge has resulted in long-term FLOKI HODLers witnessing a significant increase in their digital assets over the past year. Despite the downturn in the market leaders like Bitcoin and Ethereum, FLOKI has managed
Coinbase recently experienced a system-wide outage that affected its website, mobile app, and API for over three hours. While the exchange claimed to have resolved the issue, many customers reported that they were still unable to withdraw their funds. One user, Nigel Dias, shared his experience of trying to send crypto only to be met
Deutsche Bank has recently showcased a heightened interest in digital assets and tokenization by becoming a part of the Monetary Authority of Singapore’s Project Guardian. This initiative is designed to test asset tokenization applications within a regulated environment, with a specific focus on assessing the feasibility and potential integration of such technologies within financial markets.