Author: Digicoinvision
Fundstrat co-founder and BitMine chairman Tom Lee said Bitcoin may reach $250,000 in 2025, despite other crypto analysts cautiously pulling back targets.“I think Bitcoin should really build upon this 120 before the end of the year; 200,000, maybe, 250,” Lee told Natalie Brunell on the Coin Stories podcast on Tuesday. Last November, Lee gave a 12-month deadline for Bitcoin (BTC) to reach $250,000.Not all analysts are as bullish as Tom LeeWhile analysts like BitMEX co-founder Arthur Hayes and Unchained’s market research director Joe Burnett have recently echoed a similar price target for the year, others have adopted a more cautious outlook…
Public companies are scooping up Solana to get a slice of the blockchain’s staking rewards, with three firms recently sharing they’ve purchased more of the token.Bitcoin mining firm Bit Mining said on Tuesday that it made its first Solana (SOL) buy, purchasing 27,191 SOL worth $4.5 million, and launched a validator to earn yield by staking the tokens.Meanwhile on Tuesday, Upexi, a brand owner specializing in supply chain management, said it spent most of July buying Solana and increasing its holdings from 735,692 tokens at the end of June to over 2 million SOL.On Monday, DeFi Development Corp said it…
As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Related Reading Solana Nears Crucial Level On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile’s global shipments of the Seeker, its second-generation Web3 smartphone, to over 50 countries. The news propelled the altcoin to a multi-day high of $171, fueling bullish sentiment among investors before its price retraced to the mid-zone of its local range. Notably, SOL has been hovering between…
Key Takeaway Spark crypto has nearly tripled in the past 30 days of trading before slightly cooling off. Is the Coinbase CEO’s backing enough to erase recent losses and extend the recovery in August? Spark protocol [SPK] soared 280% in the past 30 days thanks to the staking craze and a shout-out from the Coinbase CEO. The native governance token of the lending platform, Spark Finance, powered by Sky (formerly Maker), began its rally in mid-July. In late July, the SPK crypto pumped nearly 400% from $0.036 to $0.19, marking the largest gains during the explosive run. But it dropped…
Dogecoin started a fresh decline from the $0.2120 zone against the US Dollar. DOGE is now consolidating and might decline below the $0.1940 support. DOGE price started a fresh decline below the $0.2050 level. The price is trading below the $0.20 level and the 100-hourly simple moving average. There is a key declining channel forming with resistance at $0.20 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a fresh upward move if it clears the $0.20 and $0.2050 resistance levels. Dogecoin Price Dips Again Dogecoin price started a fresh decline from the…
The Indonesian government has been exploring Bitcoin as a reserve asset, according to Bitcoin Indonesia, which recently met with officials to discuss how the strategy can drive economic growth in the country.“We were invited to the Vice President’s office to present how Bitcoin could benefit the country,” Bitcoin Indonesia said in an X post on Monday.“We explored a bold idea: Using Bitcoin mining as a national reserve strategy.”“Yes, seriously. [Indonesia] is looking into how Bitcoin could fuel long-term economic strength,” the Bitcoin community wrote on X. Other focus areas included Bitcoin mining and education initiatives, they added.Source: Bitcoin IndonesiaIndonesia is…
tl;dr Finalized: rebranding the blogUpgrade your nodes! Finalized, rebranding the blog If you’ve read my recent writings or listened to me speak about Ethereum and this grand upgrade that’s in the works, you’ve perhaps noticed that I’m not only shying away from discussing “phases” (instead, referring to a series of independent upgrades), but that I’ve also been attempting to put the terms “eth1” and “eth2” to rest. I’ve spoken about these being terrible terms and wrote about it again in January’s “The State of Eth2”. What we call “eth2” is a series of major upgrades to Ethereum’s consensus-layer — to…
Crypto users haven’t shown this level of attention to a new project in a long time. Cold Wallet’s presale is catching serious momentum, surpassing $5.7 million as it smoothly advances through stage 16, with over 683 million coins already sold. What’s drawing eyes is the steep potential for early entry, participants from initial stages could be looking at a 3,700%+ ROI when launch pricing targets are met. That margin alone is enough to capture serious market interest. Yet Cold Wallet’s buzz isn’t just about strong numbers. Unlike many others, it’s securing space in crypto discussions where wallet coins usually don’t…
Most people think of bitcoin as just another asset: You buy some, throw it in cold storage and wait. Easy, right? That’s the white-collar view of bitcoin: clean, polished and abstracted. Perfect for quarterly reports and portfolio charts. But here’s the reality: Bitcoin mining is messy. It’s loud. It’s physical. Bitcoin mining is energy and infrastructure. It’s boots on the ground — not loafers on stage. Miners don’t just hold bitcoin. Miners make bitcoin. And that often overlooked reality matters more than most people realize. I’ve Lived Both Sides Before I started mining, I was deeply involved in the solar…
Crypto investors are likely underestimating the extent of the US securities regulator’s new stance on crypto, meaning that crypto prices could still have room to grow, according to the chief investment officer of Bitwise. US Securities and Exchange Commission chair Paul Atkins published a speech he gave on July 31 at the America First Policy Institute about how blockchain will be integrated into the financial markets.Bitwise’s Matt Hougan on Tuesday said the speech caught him “off guard” and left him wondering whether Atkins’ vision has been priced into the market. “The most bullish document I’ve read on crypto wasn’t written by some…