[ad_1] Este artículo también está disponible en español. A top crypto analyst has issued a bold prediction for Ethereum, forecasting it will outperform both Bitcoin and Solana in the coming months. Taking to social media platform X, a crypto analyst known pseudonymously as @IamCryptoWolf highlighted that Ethereum is still bullish, with price targets reaching up to $12,000. This analysis comes in light of a 6.22% decline in the price of Ethereum in the past seven days and a continued increase in the Bitcoin dominance. Analyst Says Ethereum Will Outperform Bitcoin Ethereum has mostly lagged behind Bitcoin in price performance since…
Author: dfrancis36
[ad_1] At Lightspark Sync, Lightspark’s first partner summit on Thursday, the company announced new products and features that will allow users to make global payments with both bitcoin and fiat.The company announced that it has launched an alpha version of Spark, a Bitcoin Layer 2 that’s interoperable with Lightning and that makes it cheaper to onboard users to a non-custodial Bitcoin layer.The company also announced new capabilities for UMA, the company’s open-source and regulatory compliant payment solution that makes sending money as simple as sending an email.With UMA Extend, the Lightning Network can serve as a bridge between traditional banks…
[ad_1] Bitcoin’s price cycles have long been a source of intrigue for investors and analysts alike. We can gain insights into potential price movements by comparing current trends to previous cycles, especially with Bitcoin seemingly coming to an end of its consolidation period, many wonder if the next leg up is around the corner.Comparing Bitcoin CyclesTo begin, it’s crucial to look at how Bitcoin has performed since hitting its recent cycle low. As we examine the data, a clear picture begins to form: Bitcoin’s current price action (black line) is showing patterns similar to previous bull cycles. Although it has…
[ad_1] Este artículo también está disponible en español. In a research paper dated October 24, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, predicts that Bitcoin could surge to $125,000 by the end of the year if former President Donald Trump secures victory in the upcoming US presidential election. When Bitcoin Could Hit $125,000 Kendrick’s analysis hinges on the interplay between Bitcoin’s price movements and the US political landscape. “We use daily BTC vol levels and popular strike levels to estimate post-election price moves,” he states in the report titled Bitcoin – Post-US Election Playbook. According…
[ad_1] US State of Pennsylvania recently became the latest to pass a bill that aims to bring clarity to the world of crypto space, Fox Business reported. The legislation came as the federal government continues to debate how to regulate cryptocurrency. On Wednesday, the Pennsylvania House of Representatives overwhelmingly passed House Bill 2481, also known as the Bitcoin Rights Bill.A Major Step Toward Crypto ClarityThe legislation ensures that Pennsylvania residents have the right to self-custody their digital assets and use Bitcoin as a payment method. It also provides guidelines for taxing these transactions. With bipartisan backing, the bill sailed through…
[ad_1] Este artículo también está disponible en español. Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be a heated topic. At present, Bitcoin is trading at approximately $68,115, which represents an increase of approximately 1.22%. The rise in interest aligns with constant debates around the cryptocurrency as an inflation hedge, which some Microsoft investors find appealing. Related Reading Bitcoin price up in the last 24 hours. Source: Coingecko Microsoft’s Position On Bitcoin Microsoft revealed in a recent application to the US Securities and Exchange Commission that…
[ad_1] Tether Holdings Ltd., the issuer behind the world’s largest stablecoin USDT, has proposed an ambitious plan to Turkey’s government. The plan aims to “modernize” the country’s boron market using blockchain technology. The proposal involves creating digital tokens backed by borate minerals, a key resource where Turkey controls over 70% of the global supply. Further Details On The Proposal As Bloomberg reported earlier today, citing individuals familiar with the matter, Tether pitched the idea to Turkish officials to tokenize boron, used in various industries such as ceramics, fertilizers, and glass production. In addition to the tokenization proposal, the company has…
[ad_1] Este artículo también está disponible en español. Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level. Ethereum started a recovery wave from the $2,450 zone. The price is trading below $2,560 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,540 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,580 and $2,600 resistance levels. Ethereum Price Starts Recovery Ethereum…
[ad_1] The BRICS Summit 2024 took place this week in Russia and the event–in the context also of some previous developments–offered useful indicators about global attitudes at government levels towards Bitcoin, crypto more widely, and the feasibility of establishing blockchain-based international payment systems. Just prior to the start of the summit, at the BRICS Business Forum in Moscow, there was discussion of a project called BRICS Pay. This is a proposed blockchain-based payment system that has been pitched as being for both retail and B2B use, able to facilitate cross-border payments, and that could potentially use its own BRICS unit…
[ad_1] Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an…