Bitcoin could rally to $100,000 and beyond, expert predicts

Dan Tapiero, CEO of growth equity fund 1RoundTable Partners, expects Bitcoin (BTC) to surpass $100,000.  Thats a conservative estimate, the analyst adds, suggesting the flagship cryptocurrency has the potential for even greater gains within the next five years.  Tapiero, known for his macro insights and fund management prowess, recently shared a cautiously optimistic outlook on Bitcoins future value. A surge to $100,000 would signify a remarkable 160% gain from the current levels.  “My target for when I first started looking at this deeply in 2019 was always around $250,000 to $350,000 on Bitcoin,” Tapiero says.  This, according to him, was a considered projection for the end of the decade, suggesting a reasonable trajectory for Bitcoins growth.  In discussions with former Goldman Sachs executive Raoul Pal, Tapiero emphasized a noteworthy shift in the cryptocurrency landscape. Traditional retail and financial giants are increasingly embracing digital assets and blockchain technology, signaling a departure from the cautious approach seen in previous market cycles.  Notable companies like Adidas, LVMH, and Nike are exploring the integration of non-fungible tokens (NFTs), and major financial institutions like Franklin Templeton, Fidelity, and BlackRock are displaying a keen interest in the sector.  Tapiero identifies the current phase as an “adoption cycle,” pointing to the growing interest and

2023-11-26Bitcoin

Tether at Bitfinex yield: FOIL humiling ng oposisyon na binawi

Tether and Bitfinex, key players in the cryptocurrency arena, have taken a noteworthy step towards transparency by retracting their opposition to a Freedom of Information Law (FOIL) request in New York.  This decision, initiated by a request from CoinDesk and other high-profile news publications, marks a pivotal moment in the ongoing dialogue about transparency in the cryptocurrency sector.  Embracing Transparency in Cryptocurrency  The joint decision by Tether, the issuer of the USDT stablecoin, and Bitfinex, a leading cryptocurrency exchange, comes amid growing calls for greater transparency within the digital currency industry.  While Tether and Bitfinex have always placed a high value on transparency, their latest move signifies a more open approach to sharing information. This stance aligns with the broader industry principle of maintaining clarity in operations and dealings.  However, Tether and Bitfinex emphasize that their commitment to transparency will be balanced with standard business practices.  The companies acknowledge the importance of responsibly handling business information, indicating that their approach to transparency will be measured and considerate.  This decision to not further appeal the FOIL request stems from their belief in the importance of being open and transparent while also respecting the boundaries of professional and ethical business conduct.  Setting a Higher Standard  The move by Tether and Bitfinex

2023-11-26Industriya

BitMEX Co-founder Highlights Dollar Liquidity Connection to Bitcoins Price

Balita ng Ethereum ng Bitcoin  Hayes explained about the correlation between dollar liquidity and the price of BTC.  As the dollar‘s liquidity surges, Hayes said, so too will BTC’s value grow.  Arthur Hayes, co-founder of BitMEX, has a positive outlook on Bitcoin. Hayes discussed his views on twitter recently. The co-founder used the moniker with a chart showing shifts in the net reverse repurchase agreement (RRP) and the Treasury general account balance (TGA).  Pagkuha ng aking mga paa at pagmamasid kung paano abala si Bad Gurl Yellen sa pagbobomba ng mga pinansyal na asset. Huwag magambala, tumataas ang $ liquidity at $ BTC tataas din. Ito ang tsart ng mga pagbabago sa balanse ng netong RRP at TGA.   - Arthur Hayes (@CryptoHayes) Nobyembre 25, 2023  While emphasizing a huge increase in U.S. dollar liquidity, Hayes urged Bitcoin backers to maintain their focus on the post. As the dollar‘s liquidity surges, he said, so too will BTC’s value grow.  Large Net Liquidity Spike  Net changes in RRP and TGA balances were shown by the co-founder, which may suggest a correlation between increased dollar liquidity and the price of Bitcoin.  At the same time, dharmafi, a crypto analyst, provided additional detailed information. The post emphasized an RRP of $65B and

2023-11-26Bitcoin

Higit sa $100,000,000 sa Ethereum, Shiba Inu, Chainlink at Iba pang Crypto Asset na Naubos Mula sa Justin Sun-Linked Firms

New data reveals that hundreds of millions of dollars worth of altcoins have been drained from firms linked to Tron (TRX) founder Justin Sun.  Ayon sa data from blockchain tracker Lookonchain, during the past 20 days, five major hacks have occurred, totaling $290 million worth of stolen funds.  Two of the protocols hit – crypto exchange HTX and Heco Bridge, a bridge used to move funds between Ethereum (ETH) and energy-saving blockchain Heco Chain – are linked to Sun, the current owner of digital assets exchange Poloniex.  According to cybersecurity firm Cyvers, the protocols were hacked to the tune of a combined $100 million – $86 million of which dumating from the Heco Bridge.  Cyvers also mga detalye how HTXs hot wallet was exploited.  According to Sun, all HTX customer funds are secure but withdrawals and deposits will be temporarily suspendido. Sun says services will resume once they find the specific reason for the hack.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal

2023-11-26Ethereum

Square Enix Planning To Drop NFTs For Upcoming Ethereum Game

Talaan ng nilalaman  The developer behind the Final Fantasy and Kingdom Hearts franchises is preparing to launch its first original Ethereum NFT Game. Now, details about the first NFT mint have also emerged.   Square Enix has announced the auction dates for its upcoming Symbiogenesis nonfungible tokens (NFTs), with the process set to begin on the 27th of November.  Symbiogenesis NFT Auction Dates Announced  According to a post on the 24th of November, the Square Enix team stated that it would be selling the NFTs in three batches. The first batch will be auctioned from the 27th of November to the 28th of November. The auction for the second batch will begin on the 30th of November and continue until the 4th of December. The third and final auction of the NFTs will begin on the 2nd of December and continue until the 3rd of December. Earlier in the month, Square Enix announced a unique approach to the NFT mint, stating it would not hold a public mint for Symbiogenesis. Instead, the developer stated it would be rolling out character NFTs as rewards for fans participating in the games official Discord server for two weeks.  The entry campaign began on the 7th of November and

2023-11-26Ethereum

Nagtatampok ng Mga Rich Token para sa 2023: GameStop Memes, Ethereum at Solana

Ethereum  Nagtatampok ng Mga Rich Token para sa 2023: GameStop Memes, Ethereum at Solana  Balita ng Ethereum ng Bitcoin  Ethereum, Solana, and GameStop Memes have emerged as prominent digital assets in the dynamic world of cryptocurrencies, each offering distinct advantages and innovations.  This article takes you on a journey through the realm of these cryptocurrencies, shedding light on their individual strengths and contributions to the evolving crypto landscape.  What Are The Best Advantages of Ethereum?  Ethereum, often referred to as the pioneer of smart contract platforms, offers numerous advantages to users. Its robust blockchain allows developers to create decentralized applications (DApps) and execute smart contracts, revolutionizing industries like finance, NFTs, and more.  Ethereums large and active developer community ensures constant innovation and scalability improvements, making it a preferred choice for many projects. With its transition to Ethereum 2.0, it aims to address scalability issues, further enhancing its capabilities.  Why is Solana an attractive choice for investors?  Solana, a rising star in the cryptocurrency world, boasts high-speed and low-cost transactions, making it an attractive choice for developers and users. Its unique consensus mechanism, known as Proof of History (PoH), ensures efficient validation of transactions.  Solanas ecosystem has rapidly grown, featuring a range of DeFi projects, NFT marketplaces, and gaming platforms. Its

2023-11-25Ethereum

New Ethereum layer-2 network Blast sees a massive $310m inflow

Ethereum  New Ethereum layer-2 network Blast sees a massive $310m inflow  Balita ng Ethereum ng Bitcoin  Blast‘s innovative layer-2 blockchain sees $310 million in deposits amidst users’ criticisms.  Blast Bridge, a new Ethereum layer-2 blockchain, saw an inflow of $310 million in assets shortly after its debut. This significant influx of assets includes substantial deposits of 129,866.52 ETH through Lido and 42,587,100 DAI via Maker MSR.  Launched by the co-founder of NFT marketplace Blur and supported by Paradigm, Blast is charting a unique path in the layer-2 domain. Its introduction has seen a remarkable accumulation of staked Ethereum (stETH) and stablecoins, signaling strong market interest.  Blasts on-chain data | Source: DeBank  Blast‘s approach to blockchain technology and backing from high-profile entities like Paradigm and the crypto-native investor group “eGirl Capital” has captured significant attention. The platform’s native staking feature is designed to yield returns through Ethereum staking and real-world assets, offering a distinct avenue for user investment growth.  Gayunpaman, alalahanin have been raised about the risks associated with Blast‘s operational model, particularly its reliance on the liquid-staking protocol Lido for exchanging assets for Blast points. Critics question the security and viability of locking total value locked (TVL) in a yet-to-materialize chain, suggesting possible weaknesses in the platform’s foundation.  Blast

2023-11-25Ethereum

Paytience Unveils All-Inclusive Trading Suite and Membership

Balita ng Ethereum ng Bitcoin  Paytience introduces a trading indicator suite designed to facilitate trading in any market and on any timeframe.  Paytience memberships offer a range of exclusive benefits, including access to the members-only indicator suite on TradingView and an AI trading assistant.  The Paytience indicator suite and membership are set to launch on November 24.  Paytience is set to launch an all-inclusive trading indicator suite and membership on November 24. Developed with custom-built and proprietary algorithms, this suite aims to provide traders with analytical insights to enhance their market understanding.  The Paytience memberships offer access to current and future trading indicators, along with other exclusive benefits. Paytiences announcement claimed that the membership would give access to a members-only indicator suite on TradingView, access to an exclusive Paytience Discord, an AI trading assistant for insights on trading crypto, stocks, and forex, and the opportunity to receive trading alerts from Paytience traders.  The main indicator that Paytience has developed is the proprietary “Paytience Kit.” The kit allows users to trade any coin, stock, or currency in any timeframe. Moreover, the kit has a built-in scalping mode for shorter and longer timeframes. Paytience stated:  All of our indicators are built to work on any market and any time

2023-11-25Industriya

Nawawala ang Wallet of Satoshi sa Apple at sa mga US app store ng Google

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple‘s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.  On Nov. 24, several users and crypto community participants shared on X (Twitter) their attempts to search for the WoS app, which turned up no results or redirected users to competing wallet apps.  Wallet of Satoshi banned in the US?   — ck (@ck_SNARKs) Nobyembre 23, 2023  However, the WoS app still appeared for download on the Australian Apple App Store and the Australian and Singapore Google Play Store versions at the time of writing.  Wallet of Satoshi is a popular Lightning payments platform that is on pace to process over 1.1 million Lightning payments in November, according to industry author and podcaster Kevin Rooke.  Wallet of Satoshi is on pace to process over 1.1 million Lightning payments in November.  This will be their largest month of Lightning payments ever.  - Kevin Rooke (@kerooke) Nobyembre 22, 2023  Rooke added that it would be the firms “largest month of Lightning payments ever.”  However, Wallet of Satoshi cleared the confusion on an X (formerly Twitter) magpaskil after stating that it was not banned from the app stores. “Weve

2023-11-25Industriya

Nakita ng mga update ng Grayscale ang Bitcoin ETF application pagkatapos makipagpulong sa SEC

Crypto asset manager Grayscale recently unveiled an updated version of its spot Bitcoin exchange-traded fund (ETF) following discussions with the US Securities and Exchange Commission (SEC).  According to Bloomberg researcher James Seyffart, the updated documentation contains a plan to change GBTCs ticker to BTC.  After carefully reviewing the revised documentation, Seyffart noted that it is unlikely to contain significant changes compared to the previous version. However, the current version has significant changes from the original submission, as he stated:  “in this amendment, the shades of gray have changed a lot from the original.”  He noted that the new documentation has reduced the clause regarding cash orders. In addition, the new document completely removes the “risk disclosure” pages. In reference to the registration forms used by the SEC, he said:  “It looks like they‘re cutting this particular file short and telling people they can just look at the risk factors in those 10-ks, 8-ks, and 10-Qs they’ve already filed. I guess there is no reason to duplicate the S-3?”  James Seyffart  He added that the amendments and changes in the prospectus only confirm that the company is negotiating with the SEC, receiving feedback from the regulator, and adjusting its documentation accordingly.  Grayscale updated its prospectus following a meeting with

2023-11-25Bitcoin
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