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Coinbase Premium Discount Could Signal ‘Splendid’ Six to 12 Months for Bitcoin, Says FalconX Analyst
The head of research at crypto brokerage firm FalconX thinks that the coming months will see the return of tremendous upside volatile moves for Bitcoin (BTC).
David Lawant says on the social media platform X that the current discount on Coinbase BTC premium is reminiscent of August 2023 conditions when Bitcoin was trading at around $25,000 before igniting a rally to record highs close to $74,000...
Whales have been gobbling up the decentralized oracle network Chainlink (LINK), according to the crypto tracker Lookonchain.
Lookonchain notes that 54 fresh wallets withdrew 2.08 million LINK worth $30.28 million from Binance in the past seven days. The crypto tracker says the addresses could belong to institutions.
Source: Lookonchain/X
LINK is trading at $14.43 at time of writing. The 17th-...
BitMEX co-founder Arthur Hayes thinks upcoming fiat currency debasement will drive up the prices of Bitcoin (BTC) and stocks.
In a new analysis, the crypto veteran says he’s confident the economy is in a new inflationary cycle and BTC will “regain its mojo.”
Hayes cites projections from the Congressional Budget Office (CBO), which estimated that the US federal budget deficit in the 2024 fiscal...
A widely followed crypto strategist believes that Bitcoin’s (BTC) long-term upside potential is unlimited despite its recent price doldrums.
Pseudonymous analyst Pentoshi tells his 801,000 followers on the social media platform X that while he’s bullish on Bitcoin for the long haul, the crypto king may see a significant correction before heading higher.
“For BTC, I wanted to start off with what...
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What does a utopia for Web 3.0 look like? Understanding and addressing developers’ pain points is essential – not just for individual projects but for the entire, ever-evolving Web 3.0 landscape.
Much like how Web 2.0 visionaries turned the digital era from an unknown frontier into a global norm, Web 3.0 is on a similar transformative journey.
By fostering an...
US banking giant Goldman Sachs just issued an alert to investors.
In a new note to clients, the firm’s strategists say a series of fundamental factors suggest a market correction is on the horizon, reports Investing.com.
Goldman points to declining real income growth, a slowdown in the nation’s GDP growth and weakening consumer sentiment as headwinds as the second half of the year kicks off.
The...
A closely followed crypto analyst says that deep-pocketed investors are suddenly loading up one top-10 altcoin.
Crypto strategist Ali Martinez tells his 66,200 followers on the social media platform X that in the past week, whales have scooped up massive amounts of the native token of layer-1 blockchain Toncoin (TON).
“Whales have bought more than 45 million Toncoin over the past week, worth...
The largest bank in Singapore is partnering with a major stablecoin issuer to offer a new crypto custody service.
According to a new Bloomberg report, DBS Group Holdings is offering a new crypto custody service in partnership with stablecoin-issuer Paxos Trust Co.
According to a Paxos press release, the stablecoin issuer has secured approval from the Monetary Authority of Singapore (MAS) to...
Macro investor and fund manager Dan Tapiero believes there is a wave of crypto-related initial public offerings (IPOs) coming soon.
In a new interview with Scott Melker, Tapiero says that the innovation going on with digital assets along with the sector’s growth potential is spurring more investment interest in so-called “public blockchain crypto businesses.”
“I think that over the next 18...
Closely followed quant analyst PlanB believes that Bitcoin (BTC) is gearing up for a big bounce based on key indicators.
In a new strategy session, the analyst, known for popularizing the stock-to-flow (S2F) model, tells his 169,000 YouTube subscribers that on-chain data indicates BTC remains in a bull market.
PlanB looks at the realized price metric, which records the value of all coins in a...