The crypto market is bracing itself for a transformative 2024, with speculation of a new bull cycle on the horizon. Stu Alderoty, the chief legal officer of Ripple, a prominent blockchain payment company, recently shared his predictions on the future of crypto regulations that could potentially impact investor confidence. In an X post released on
Bitcoin
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
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
Cardano (ADA) has been making significant strides in the cryptocurrency market, surpassing key resistance levels and outperforming other major digital assets. With its recent rally, ADA shows potential for further upward momentum and could reach new highs in the coming weeks. After establishing a strong foundation above the $0.500 mark, Cardano initiated a steady uptrend.
As the year comes to a close, the focus on the approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) has intensified. While many predict that ETF approval will lead to a significant price surge for Bitcoin and the broader crypto market, Matrixport, a digital assets financial services platform,
The United States Securities and Exchange Commission (SEC) has recently introduced a new regulatory standard for all Bitcoin Spot Exchange-Traded Fund (ETF) applicants. This development came as spot Bitcoin ETF issuers were finalizing their filings with the regulatory body. The SEC’s latest requirement, known as the “Cash Redemption Model,” has raised eyebrows and garnered attention
In a surprising turn of events, JPMorgan analysts have expressed a bullish sentiment towards Ethereum (ETH), predicting that it will outperform Bitcoin (BTC) and other digital currencies in terms of market price performance by the year 2024. This forecast signifies a unique perspective within the institution, indicating that the analysts recognize the distinctive potential and
Bitcoin, the pioneer cryptocurrency, experienced a significant correction at the beginning of the week, causing its price to drop back to the $40,000 level. This sudden correction led to panic selling among some investors who wanted to avoid further losses. However, as the selling pressure subsided, Bitcoin began to recover slowly but steadily. In the
Shiba Inu has been defying the bearish trend as of late, and it appears that the increased adoption of the Shibarium Layer 2 network has played a significant role in this bullish return. However, it is the large holders of Shiba Inu who are taking the spotlight this time around. These whales have seen a