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BitMEX co-founder Arthur Hayes just unveiled a massive prediction for Ethereum (ETH) competitor Aptos (APT). In a new interview with Coin Bureau co-host Jessica Walker, Hayes predicts that layer-1 (L1) smart contract blockchain Aptos will overtake Solana (SOL) this market cycle. “I’ll put this out there on this particular venue and I’ll qualify it with more information probably later this summer...
Venture capitalist Chris Burniske is abruptly changing his stance on Bitcoin (BTC) and crypto, believing the markets are almost ready to soar to greater heights. The Placeholder partner tells his 291,800 followers on the social media platform X that he’s been “hijacked by unapologetic bullishness.” Burniske, who called the 2022 digital asset bottom, flipped bearish on crypto in February just...
Bitcoin (BTC) whales opened massive long positions on the digital asset exchanges Bybit and HTX, according to CryptoQuant chief executive Ki Young Ju. Young Ju notes that the whales opened the long positions at $69,000. Source: Ki Young Ju/X Young Ju reminds his followers that Bitcoin whales also opened massive long positions in August 2023, just before a parabolic rally that sent BTC from $25,...
A closely followed crypto analyst is listing five altcoins he believes are showing strength despite the choppy market conditions. Pseudonymous crypto trader Altcoin Sherpa tells his 217,200 followers on the social media platform X that layer-1 protocol Injective (INJ), cross-chain protocol Wormhole (W), data democratization project JasmyCoin (JASMY), Bitcoin (BTC) layer-2 scaling solution Stacks...
San Franscisco-payments firm Ripple is working with the National Bank of Georgia (NBG) to digitize the local economy. Acting governor Natia Turnava and Varlam Ebanoidze, head of the NBG’s tech development department, recently met with Ripple executive James Wallis to enhance financial technology cooperation, according to a LinkedIn post from June 8. “Acting Governor of the National Bank of...
Coinbase, the largest crypto exchange in the US, says there’s a need to accurately measure the true adoption of blockchains beyond what already exists. In a new blog post, Coinbase says that as more applications launch, tracking the adoption of blockchain ecosystems becomes difficult as traditional metrics like total transactions or daily active addresses become distorted due to spam and Sybil...
Real Vision analyst Jamie Coutts is warning that the altcoin market is in a bearish trend after a strong six-month long run. The former Bloomberg analyst tells his 18,400 followers on the social media platform X that most alts are now being outperformed by Bitcoin (BTC). “A quick update on the altcoin malaise. Most crypto funds are overweight alts and not having as much fun as they would like,...
SocialFi application protocol Friend.tech (FRIEND) says it’s leaving Coinbase’s Base chain to develop its own network. In a new thread, the team behind the social finance platform says that it will be partnering up with Conduit, a firm that provides Ethereum (ETH) rollups, to work on Friendchain, its very own blockchain that will utilize FRIEND as its gas token. “We’re pleased to be working with...
Digital assets manager CoinShares says institutions poured two billion dollars into crypto products last week alone. In its latest Digital Asset Fund Flows report, CoinShares says digital asset investment products reached $2 billion last week, equaling the totals from the four weeks prior. “Digital asset investment products saw inflows totaling US $2bn, bringing this recent five-week run of...
The biggest memecoin on the Base blockchain is working its way through the ranks, flipping Dogecoin (DOGE) rival BONK in terms of market cap early on Monday. BRETT, a memecoin meant to accompany the frog-themed altcoin Pepe, is up 426% in the last 30 days at time of writing, trading at $0.18. Pepe was originally inspired by the character in the Boys Club comic series created by Matt Furie. Also...