Latest News and Updates
The daily volume of fictitious transactions with NFTs on the Ethereum network has reached 50%
According to CryptoSlam, on September 25, the daily volume of flush trading of non-fungible tokens on the Ethereum blockchain increased by 30%. The share of the indicator in the total NFT trading volume reached 50% and amounted to $4.7 million. Trading volumes for the most popular NFT collections, such as CryptoPunks and Bored Ape Yacht Club (BAYC), also increased.
Anthony Scaramucci: “The worst of this crypto winter is over”
The founder of investment firm SkyBridge Capital remains bullish on Bitcoin, despite the former cryptocurrency trading well below its all-time high reached in 2021.
K33 Research: Bitcoin futures trading volume fell by 57%
Analysts at K33 Research linked the fall in Bitcoin futures trading volumes to the cryptocurrency market’s reaction to the fall in BTC spot trading volumes on the largest crypto exchange Binance.
Peter Johnson from Brevan Howard Digital: “Stablecoins are the gateway to the crypto space”
Brevan Howard Digital, director of venture capital investment, said that the payment options of the USDT and USDC stablecoins will attract more users to the world of cryptocurrencies.
Tom Lee: Bitcoin could soar to $185,000 after spot ETF is approved
Fundstrat co-founder Tom Lee has increased his forecast for the bitcoin rate. Earlier, he said that with the approval of a spot ETF for bitcoin, the rate would rise to $150,000, but now we are talking about $185,000.
Jamie Cutts of Bloomberg Intelligence: "Stablecoins will soon overtake Bitcoin in popularity"
Jamie Coutts believes that despite the lack of clear regulations for stable cryptocurrencies in the US, they are in for a real boom. The analyst recalled that already in 2022, there was a significant growth in the stablecoin market: the total volume of payments in the first-level blockchains reached almost $6.9 trillion. However, since the beginning of 2023, this figure has decreased by 80%.
Bitcoin could rise to $140,000 by 2025
A popular cryptocurrency analyst under the pseudonym TechDev predicts a massive rise in bitcoin in the coming months if the economic cycle continues as it has in the past.
Bitcoin touches $29k as liquidations hit $150 million
Bitcoin extended its decline beneath $30,000 on Monday as the total crypto market value dipped by 2% to just over $1.2 trillion.
Flat on the Ethereum cryptocurrency market will end soon
Employees of the blockchain data provider Santiment predict the imminent completion of the flat in the Ethereum (ETH) market.
A significant drop in the level of volatility of the Ethereum exchange rate reduced the interest of traders in the coin, and the number of publications about ETH decreased to a minimum. However, Santiment analysts do not see this as a problem and argue that altcoins often win when they are in the shadow of a bright competitor, which can now be called XRP.
Raul Pal: “A bullish rally in the crypto market is inevitable”
The CEO of Real Vision, a former top manager of Goldman Sachs, suggested that in the near future, Bitcoin will show a bullish rally, and the main altcoins will follow.