[PRESS RELEASE – Cayman Islands, Cayman Islands, November 14th, 2024] Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency mining companies...
Dogecoin (DOGE) to Hit $2 and Surpass SOL, BNB: Analyst
Crypto analyst Master Kenobi has suggested that the price of Dogecoin (DOGE) could rise to as much as $2, with its market cap potentially supplanting those of Solana (SOL), Binance Coin (BNB), and even Tether (USDT) to make it the third most valuable cryptocurrency in the market. The assessment comes...
Bitcoin Dominance Reached New 3.5-Year Peak as BTC Maintains $90K (Market Watch)
The massive price rally for the primary cryptocurrency continued in the past 24 hours as the asset skyrocketed to nearly $94,000 to chart its latest all-time high. A few more altcoins have peaked as well, including the recently launched meme coin sensation – PNUT and PEPE. BTC Maintains $90K Ever...
This Is How Ripple (XRP) Can Surpass its Yearly High of $0.74
Ripple’s native token was a little late to the ongoing bull party but managed to chart some gains earlier this week and reached a multi-month peak of $0.74. It has lost some traction since then, alongside the rest of the market, but it still has a chance to overcome its...
History Shows That Bitcoin Reached a Temporary Top at $93.4K
Bitcoin’s price has been on a whopping run that drove it from $68,000 on US election day just over a week ago to a fresh all-time high of over $93,000 earlier this morning. After gaining roughly $25,000 within the span of less than ten days, the crowd has expectedly turned...
Almost 40% of This Year’s Top 50 ETFs Are Focused on Cryptocurrency
Cryptocurrency-related exchange-traded funds (ETFs) now make up almost 40% of the top 50 best-performing ETFs launched in 2024. The surge is an indicator of the growing interest in digital assets, positioning such products as key parts of the investment space. Crypto ETFs Leading the Charge According to data shared by...
Bad News for Crypto? Elizabeth Warren to Succeed Sherrod Brown on House Banking Committee
Massachusetts Senator Elizabeth Warren is reportedly set to become the Ranking Member on the Senate Banking Committee, replacing Sherrod Brown after his exit. The shift comes despite major efforts by the cryptocurrency industry, which spent about $40 million to unseat Brown. Warren’s Upcoming Role Many crypto advocates saw the departure...
Ethereum’s Modular Strategy: Short-Term Pain, Long-Term Gain, Says Research
On Nov. 12, Web3 venture capital firm Hack VC released research and analysis on Ethereum’s modular strategy. “In the short term, modularization likely hurts ETH price because of lower fees and reduced token burn, but this isn’t the whole story,” said Hack VC managing partner Alex Pack. Ethereum’s Future is...
Ethereum’s Modular Strategy: Short-Term Pain, Long-Term Gain, Says Research
On Nov. 12, Web3 venture capital firm Hack VC released research and analysis on Ethereum’s modular strategy. “In the short term, modularization likely hurts ETH price because of lower fees and reduced token burn, but this isn’t the whole story,” said Hack VC managing partner Alex Pack. Ethereum’s Future is...
4 Reasons Why Bitcoin’s (BTC) Price Might See a Short-Term Correction
TL;DR Certain on-chain metrics suggest overbought conditions, flashing the sell signal on BTC. The Fear and Greed Index is currently in the “Extreme Greed” zone, which could indicate a local top and a subsequent price decline. The Bearish Signals Bitcoin (BTC) has been the talk of the town recently. It...
