Bitcoin, the world’s largest cryptocurrency, has been on a remarkable bull run this year, doubling in price. However, according to Bitwise, a crypto index fund manager, this bullish sentiment is expected to continue well into the next year. In their recently released report, Bitwise predicts that BTC will skyrocket to $80,000 in 2024. This optimistic
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The cryptocurrency market experienced a loss of momentum recently, with Bitcoin’s price retracing back down to around $42,000. Alongside Bitcoin, most altcoins also dipped in value, with Solana (SOL) and Cardano (ADA) experiencing significant drops of over 5%. However, amidst this red sea of price declines, Internet Computer (ICP) stood out by surging an impressive
The price movement of OSMO in the cryptocurrency market has been characterized by significant volatility. Throughout the year, it has primarily followed a bearish trend, causing uncertainty among investors. However, in the last three months, OSMO has shown promising signs of a strong comeback and entered a phase of recovery. This shift in the market
The Ethereum scaling solution, Arbitrum (ARB), experienced a major downtime event on December 15, resulting in the network being inaccessible for over 60 minutes. The incident prompted an immediate investigation into the cause of the problem and the deployment of a fix. This article analyzes the implications of this downtime event and its impact on
As the world of digital currencies continues to evolve, the adoption and use of Bitcoin (BTC) by developing countries are becoming increasingly prominent. This trend has caught the attention of investment giant Franklin Templeton, with its Head of Digital Asset & Investor Advisory Services, Sandy Kaul, expressing her views on the future role of Bitcoin
The U.S. Securities and Exchange Commission (SEC) has denied a petition from cryptocurrency exchange Coinbase, which requested the development of new rules for digital asset securities. In a response letter to Coinbase, the SEC stated that it believes the requested rulemaking is currently unwarranted and therefore denies the petition. This decision concludes a lengthy back-and-forth
In a groundbreaking partnership, Patientory Inc. has joined forces with the Wharton Impact Venture Associates (WIVA) students in a capital raise agreement. This strategic alliance aims to address the healthcare industry’s challenges regarding data accessibility by leveraging blockchain technology. Embarking on a mission to revolutionize healthcare, Patientory and WIVA are set to make a profound
The Securities and Exchange Commission (SEC) is set to implement new disclosure requirements for public companies regarding the disclosure of material cybersecurity incidents. These new rules aim to provide investors with timely and consistent information about the risks associated with cybersecurity. While the requirements have been modified following the comment period, they still have significant
The first ever BRC-20 token Ordinals (ORDI) has experienced a significant surge of +32% recently, breaking out of a period of consolidation. However, despite this impressive rally, there are concerns that the price could retrace and threaten the overall market structure. Investors are now wondering whether it is too late to buy ORDI and whether
The Securities and Exchange Commission (SEC) Chair, Gary Gensler, has shown indications of a potential change in his stance on spot Bitcoin exchange-traded funds (ETFs) for American investors. This shift comes after Grayscale’s recent legal triumph and the court’s ruling that the SEC made an incorrect decision in denying approval for Grayscale’s proposed Bitcoin ETF.