Anthony Scaramucci, the founder and CEO of alternative asset management firm SkyBridge Capital, has expressed his belief that Bitcoin (BTC) will soar to new heights, surpassing its previous all-time high, before the end of 2024. In an interview with CNBC, Scaramucci highlighted the recent approval by the United States Securities and Exchange Commission (SEC) for
Ethereum has recently accomplished an impressive feat, overshadowing Bitcoin by experiencing a 14% surge in just a span of two weeks. This surge propelled the digital currency past the $2,600 mark, a level it had not seen since May 2022. The breach of this psychological resistance point signifies not only a confirmation of the ongoing
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant milestone in the history of US trading. This development has sparked tremendous interest, as market data reveals a surge in institutional demand for Bitcoin. Despite a 2% dip in BTC’s price over the past week, the spot
The dApp industry has experienced remarkable growth, as indicated in DappRadar’s 2023 Industry Report. The report unveils a 124% year-over-year increase in Unique Active Wallets (UAW), providing valuable insights into the dynamic landscape of NFTs, DeFi, and blockchain gaming trends. Notably, blockchain-powered games took the lead in dApp activity, boasting an average of 1.1 million
Solana (SOL) has captured the attention of crypto analyst Ali Martinez, who believes that the digital token could continue its upward trajectory. Martinez recently shared his analysis on X, stating that Solana was breaking out from a bull flag pattern on the 4-hour chart. He further stated that if SOL were to sustain a close
India recently implemented a significant restriction on its citizens’ access to global crypto exchanges, including popular platforms such as Binance, KuCoin, and OKX. This move has raised concerns and sparked debates within the crypto community. The Indian government’s decision to block access to these exchanges aims to prevent possible money laundering activities and ensure compliance
In recent years, decentralized finance (DeFi) has gained significant attention and popularity in the financial industry. However, despite its potential for innovation and disruption, the Commodity Futures Trading Commission (CFTC) highlights several fundamental issues within DeFi systems in their recent report. This article will critically analyze the risks and challenges associated with the DeFi space,
The blockchain gaming industry has been booming in recent years, with promises of revolutionary gameplay and decentralized economies. However, a closer look reveals a concerning trend of discontinuations and cancellations among blockchain games. According to data from the Big Blockchain Game List, more than 30% of the games announced in 2023 have met this unfortunate
The price of Bitcoin has been soaring in recent months, driven by the approval and launch of Spot Bitcoin ETFs. However, crypto analyst Jason Pizzino warns of a potential temporary halt in this bullish momentum. Pizzino points to Bitcoin’s proximity to a crucial resistance point that could trigger a significant price drop. In this article,
In recent weeks, the price of Shiba Inu (SHIB) has experienced a significant downturn. Despite a slight recovery, the price remains in decline, causing concern among SHIB investors. However, behind the scenes, Shiba Inu whales have been actively accumulating a massive amount of SHIB tokens, indicating their long-term confidence in the project. Let’s delve into