Predicting the Bitcoin price movements and when altcoin prices will rally again is not a small feat but one analyst has managed to do so. Crypto analyst TonyTheBull has been calling for a bull market, saying that this cycle differs from previous ones in the fact that there will be a rally this year. This…
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Source: THINK b/Adobe China’s ride-sharing giant Didi Chuxing has unveiled a new digital yuan service that will let citizens in 250 parts of the nation use their CBDC coins to rent motorcycles. Per the Xi’an Business News Network, the move involves the Didi Chuxing affiliate Didi Qingjue, which operates an app-powered motorcycle-sharing service. Previous developments…
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Declining staking yields and rising stake rates stir questions about the long-term viability of staking crypto. Image by Sweeann, Adobe Stock. As proof of stake networks see a surge in stake rates, a consequent plummet in staking yields is concerning investors and market watchers. According to a third-quarter report from Staked, a subsidiary of the…
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Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation and strengthen consumer connections. According to the press release, the two…
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DEXTools Logo / Source: DEXTools X The latest strong-then-expected US GDP numbers for Q3, which also pointed at higher-than-expected inflation last quarter, have done little to impact cryptocurrency markets on Thursday, where the focus primarily remains on bullish narratives such as institutional adoption (with spot Bitcoin ETFs expected to soon get the green light in…
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Source: Adobe Stock The crypto exchange arm of Japan’s financial behemoth SBI Group has predicted a slight surge in Ripple’s native token XRP, following recent market developments. In its latest market report, SBI VC Trade has projected an increase in the price of XRP to $0.62 from the current price of $0.56 at press time.…
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Source: iStock/Ladislav Kubeš Crypto recovery firm Unciphered has extended an offer to former Ripple chief technology officer (CTO) Stefan Thomas to unlock a hard drive containing over 7,000 Bitcoin ( BTC) that he has been unable to access for years. In a Wednesday open letter, Unciphered proposed to unlock Thomas’ IronKey hard drive, which holds…
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Solana gains investor favor, leading altcoin inflows as crypto funds mark four weeks of net gains. Image by Adriana, Adobe Stock. According to a recent report by CoinShares published on Monday, crypto funds have posted a net inflow for the fourth consecutive week, totaling $179 million. While Bitcoin products grabbed the largest slice of the…
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The current Bitcoin rally has taken most of the crypto space by surprise after going from under $27,000 to $35,000 in less than two weeks. As prices continue to fly, on-chain data tracker Santiment has revealed something different between the current Bitcoin rally and its previous rallies above $30,000. Altcoins Refuse To Fall Behind Bitcoin…
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MINA, the token that powers the zero-knowledge (ZK) proof-powered Mina Protocol, has seen a huge pump, nearly doubling in price since the start of the week. Last trading at $0.76, MINA is up around 63% in the last 24 hours, as per CoinGecko. At earlier session highs in the $0.90s, MINA’s 24 hour price gain…
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