Month: December 2023

The future landscape for crypto development in Turkey remains uncertain until the introduction of a legislative framework to guide the industry’s growth. Despite this uncertainty, a couple of Turkey’s prominent banks are actively embracing the digital asset realm. Acquisition of Stablex On Monday, CoinDesk Turkiye reported that Akbank’s investment arm had acquired the local crypto…

Dogecoin Founder Bill Markus has conveyed a somber outlook regarding Bitcoin’s recent price decline following the cryptocurrency’s surge to $44,000 highs in early December. In early December, Bitcoin saw a remarkable increase, surging from around $38,000 in late November to over $44,000. The cryptocurrency’s consistent upward trajectory is influenced by various factors, including anticipation of…

Over the last four weeks, the $BONK meme coin surged by 667%, yet it’s the Meme Kombat token ($MK) that aims to be the definitive meme coin, backed by its battling meme characters platform and a successful $3 million fundraising effort. While $BONK, a Solana-based coin, highlights the meme coin sector’s resilience, especially with its…

Ripple’s XRP token experienced a correction in recent days, decreasing by 3.5% in the weekly charts and 5.7% over the past month. However, the asset has shown strength in the daily charts, rallying by 3.2% in the last 24 hours. Notably, XRP has surged by over 83% since January, placing it among the top-performing cryptocurrencies…

BitMEX co-founder Arthur Hayes recently expressed his views on Bitcoin, hinting at a potential rise in its value to $1 million. In a post on X, Hayes emphasized the absence of a compelling reason to avoid a bullish stance on cryptocurrency, citing skepticism towards traditional fiat currencies. Describing fiat currency as “a filthy piece of…

Recent on-chain data indicates a noteworthy surge in activity on the Ethereum Proof of Work (ETHW) network, following a prolonged period of decline marked by the chain experiencing its lowest demand levels. EthereumPoW has Gained Attention Aver the Past Month. The surge in demand for the EthereumPoW network is notably reflected in its hashrate, which…

BRC-20 tokens, a novel token standard on the Bitcoin network, are gaining traction among crypto enthusiasts. The trend gained momentum with Binance, the world’s largest crypto exchange, listing the ORDI token, soaring from $10 to $60. Recently, the exchange also added another BRC-20 token, SATS. With bullish sentiments rising, explore potential investment returns from select…

Bitwise anticipates Bitcoin (BTC) to exceed $80,000 in 2024, building on its remarkable performance in 2023, where it outpaced the S&P 500, gold, and bonds with a remarkable 128% increase. Ryan Rasmussen, from Bitwise, shared 10 bullish predictions for the 2024 cryptocurrency market, highlighting the swift growth of the stablecoin market among key themes in…

In evaluating the current market conditions, attaining millionaire status with AVAX demands a well-thought-out strategy and timely execution. Amidst the current market dynamics, seizing the opportunity to invest in AVAX is perceived as a potential pathway to substantial returns. The crucial question arises: what quantity of AVAX is required to accumulate a million-dollar fortune?According to…

BONK, the meme coin on Solana, experienced a 40% price surge following Coinbase’s announcement of its intention to list the token. Now the third-largest memecoin on Coinbase, trailing Dogecoin and Shiba Inu, BONK’s trading on BONK-USD pairs will launch gradually once an adequate supply is established, with potential regional restrictions. Coinbase’s selection for token listings…