Author: Digicoinvision
The worldwide crypto sector is going through notable trend shifts with mixed performance. As per the new market data, the total crypto market capitalization has touched the $3.69T mark after a 1.96% dip. However, the 24-hour crypto volume has jumped to $197.97B, showing a 11.97% rise. At the same time, the Crypto Fear & Greed Index accounts for 51 points, expressing a neutral outlook. Bitcoin Drops by 1.41% and Ethereum Sees 4.55% Decrease Particularly, the price of the top crypto asset, Bitcoin ($BTC), has witnessed a 1.41% decrease over past 24 hours. Thus, its current price is hovering around $113,911.76.…
In a bold and sweeping address delivered at the America First Policy Institute, Paul Atkins—the Chairman of the SEC—outlined what may become one of the most significant shifts in U.S. financial regulatory history: the launch of “Project Crypto.” Framed as a strategic initiative to reestablish American primacy in crypto markets, the initiative represents both a […]
Solo miners have been defying the odds, successfully claiming full Bitcoin block rewards even as the network hashrate hovers near all-time highs.As of this writing, the Bitcoin (BTC) network’s hashrate is hovering around 902 exahashes per second (EH/s), just below its all-time peak, according to Blockchain.com. The figure shows growing competition and higher difficulty, suggesting that single miners face steep odds to win a block.However, last week, a solo miner defied these odds, securing block 907,283 via the Solo CK pool and earning the full 3.125 BTC reward, worth over $372,000 at the time. The miner also received an additional…
Xena, a well‐known voice in the XRP community, has put a bold target on the table. She says that if Bitcoin can reach $1 million, then XRP could push all the way to $1,000. Based on reports from the XRP camp, she argues that hitting that mark would turn more everyday investors into millionaires than Bitcoin’s own million‐dollar milestone. Related Reading XPR’s Potential Millionaires According to Xena’s math, you can pick up 1,000 XRP tokens today for about $2,960, since each token trades at $2.97. If XRP ever climbed to $1,000 per token, that position would be worth $1 million.…
Devcon is coming in 2022 (along with something new 🤫), but ahead of our next event updates, we invite you to check out a completely refreshed Devcon archive. Meet the new Devcon Archive Devcon’s impact goes beyond just the physical event, and with that in mind, we’ve completely revamped the Devcon archive. Changes include an improved UX, better discoverability of content, reduced reliance on YouTube, more decentralized content via IPFS, and community involvement in curation. Through all of this, we hope Devcon can continue to be an unparalleled educational resource to learn about the past, present, and future of the…
Key takeaways:Ether runs into resistance at $4,000, but strong technicals and rising institutional demand could drive ETH into price discovery.Ether’s ascending triangle pattern targets an ETH price of as high as $16,700.Ether (ETH) trades 23% below its $5,000 all-time high reached in November 2021, as the $4,000 level remains the key resistance to break.Multiple analysts believe the largest altcoin is ready for a breakout that will usher in “its biggest move of the cycle.”Ether technicals target a five-digit ETH priceETH price has already risen by over 300% since establishing a cycle low of around $880 in June 2022. In doing…
Ethereum’s 10th anniversary was marked by a significant milestone in terms of institutional crypto adoption, as cryptocurrency treasury firms surpassed $100 billion in collective investments on Thursday.Ethereum’s 10th birthday brought renewed corporate interest in Ether (ETH), which saw the 10 largest corporate crypto treasury firms amass over 1% of the total Ether supply since the beginning of June, according to a Tuesday report by Standard Chartered.The bank predicted that corporations will eventually hold 10% of the total Ether supply, which may see the world’s second-largest cryptocurrency surpass the bank’s year-end target price of $4,000 per Ether.Ether’s corporate adoption is “happening…
ARK Invest has seized the recent stock market dip to boost its stakes in major US crypto exchange Coinbase and Bitcoin miner BitMine Immersion Technologies.The Cathie Wood-led firm added a total of 94,678 shares of Coinbase (COIN) across three of its funds, including the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), according to trade notifications seen by Cointelegraph.The purchase, worth around $30 million, came as Coinbase stock plunged 16.7% on Friday, closing at $314.69, its worst single-day performance in recent months. COIN hit an intraday low of $310.55, significantly below its…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data shows the Ethereum Daily Active Addresses metric has shot up recently. Here’s what this could mean for the cryptocurrency. Ethereum Daily Active Addresses Near Highest Level In 2 Years According to data from institutional DeFi solutions provider Sentora, the Ethereum blockchain has seen activity light up recently. The “Daily Active Addresses” is an on-chain indicator that keeps track of the total number of ETH addresses that are taking part in some kind of transfer activity every day. When the value of this metric rises, it…
Key Takeaways Crypto leaders expect ETH to break above $4K, with some projecting a $5.7K target. Low selling pressure reinforces the bullish outlook. Ethereum [ETH] price has rallied 150% from its April lows and could surge much higher by the end of the year, according to Galaxy Digital CEO Mike Novogratz. The executive downplayed claims that the recent ETH surge to $3.9K could mark its cycle top near $4K. Novogratz added, “$3k-4k is now the range for a while. But my instinct is that it will be $4k that goes by the end of the year. Not $3k.” Lee foresees a…