Category: cryptocurrencies

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2024 Crypto Economy Forecast — Bitfinex Researchers Predict $3.2 Trillion Market Cap Amid Rising Adoption 

As 2024 approaches, Bitfinex market strategists have expressed optimism for bitcoin and crypto assets in general, acknowledging their resilience amid regulatory and reputational challenges. The crypto market, according to Bitfinex analysts, is oscillating between bouts of greed and regulation and is set to witness an upward trajectory with market capitalization possibly doubling. Bitfinex Analysts Forsee…
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Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity

As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024 Crypto Market Outlook Suggests Brighter Days for Digital Assets Coinbase’s comprehensive 80-page report indicates that the…
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FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration

In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins. As of Dec. 17, 2023, this surge has elevated its market capitalization to a significant $1.61 billion. This period witnessed the U.S.-dollar-pegged token’s significant growth of 74.92%. FDUSD Supply Swells…
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Analysts Predict ‘Higher Crypto Prices in 2024,’ Regardless of Spot Bitcoin ETF Approval

Matrixport’s research team has observed a significant increase in U.S. money market fund deposits, doubling since the outbreak of Covid-19. This growth, they believe, bodes well for the continued expansion of the crypto asset market. Analysts anticipate that bitcoin will maintain its upward trajectory, regardless of whether a spot exchange-traded fund (ETF) is approved, citing…
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Biggest Crypto Gainers Today on Uniswap – INJ, MUBI, PRIME

Altcoins INJ, MUBI, and PRIME are outperforming the market as the biggest crypto gainers on Uniswap. Image by Yury, Adobe Stock. As the cryptocurrency market tries to recover from the recent pullback, several coins are making big moves today. Bitcoin has faced downward pressure, stabilizing around $41,000 after the recent decline. Some altcoins like INJ,…
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Best Crypto to Buy Now December 11 – Bonk, BitTorrent, Injective

Bonk, BitTorrent, and Injective surge as the best cryptos to buy now while fresh presales Bitcoin ETF Token and Meme Kombat offer alternatives. Image by cryptonews.com. The cryptocurrency market saw widespread declines with the start of the week. Amid the overall downturn, some cryptocurrencies like Bonk, BitTorrent, and Injective managed to post gains following their…
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This Week’s Biggest Gainers and Losers: BONK, ORDI, BTT Lead Triple-Digit Growth in Booming Crypto Market

In the last week, bitcoin’s value surged by over 14% while ethereum also experienced a notable 13% increase against the U.S. dollar. Alongside these top contenders, a considerable number of other cryptocurrencies have also enjoyed substantial gains throughout the seven-day span. Top Coins Thrive as Market Value Hits $1.7 Trillion Currently, the crypto…
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Brazil to Discuss Digital Currency Usage for Financial Transactions in G20

Brazil will address the subject of digital currencies and how they can improve the financial system for the Group of Twenty (G20). Roberto Campos Neto, president of the Central Bank of Brazil, stated he wants the G20 to consider the benefits of using these currencies for making financial transactions and to work towards adapting rules…
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Best Crypto to Buy Now December 1 – Celestia, Immutable, Blur

TIA, IMX, BLUR, BTCETF, and MK stand out as the best cryptos to buy now in December. Image by cryptonews.com. As TIA’s price has ascended by nearly 11% so far today, Celestia stands out as one of the best crypto to buy now, with December welcoming robust broader cryptocurrency market volatility. Immutable and Blur are…
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Australia tries again to combat ‘future sectors’ crypto scams

The “Proposed Scams Code Framework” consultation paper aims to delegate clear roles and responsibilities to government and private entities when combatting scams. A consultation paper on a new framework for addressing consumer and business scams proposed by Australia’s Department of the Treasury considers applying sector-specific codes and standards to banking and cryptocurrency scams, among others.…
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