Litecoin’s price surged 30% in a month, reaching $129.50, driven by miners accumulating $18 million worth of LTC within a week.Miners’ $17.7M investment tightened supply during strong demand, fueling bullish sentiment and positioning Litecoin for a potential breakout above $135. Litecoin (LTC) has seen a meteoric rise, with its price surging to $129.50 on Binance...
Arthur Hayes has predicted that Bitcoin and the broader market will dump hard in the coming weeks.Despite this, the BitMEX co-founder sees a bigger Bitcoin boom ahead. As the US Presidential inauguration on January 20, 2025, approaches, former BitMEX CEO Arthur Hayes has predicted a pessimistic outcome for crypto. In his latest essay, Hayes stated that...
Bitwise has predicted Ethereum could lead the growth of tokenized real-world assets.Large holders are accumulating Ethereum, with 104 wallets controlling 57% of its circulating supply. Ethereum’s position in the tokenization of real-world assets (RWA) is gaining momentum, supported by predictions from Bitwise’s Senior Investment Strategist, Juan Leon. Tokenized assets are now mostly held in the...
Omni Core’s launch simplifies Ethereum rollup interactions using innovations like restaking and cross-chain messaging, addressing $58 billion in fragmented TVL.Backed by $18 million, Omni integrates Ethereum’s EVM with Cosmos’ CometBFT to boost interoperability, laying the groundwork for advanced DeFi solutions. Omni Network has launched its Omni Core mainnet, a pivotal step in addressing Ethereum Layer...
The share of Ethereum in the hands of whales has grown significantly.This supply concentration has both positive and negative leaning. Ethereum’s whale dominance has reached new highs, with 104 wallets containing at least 100,000 ETH, or 57% of the total supply. This amount, which equals approximately $333.01 billion, suggests increasing confidence from the largest Ethereum...
Institutions and governments are increasingly adopting Bitcoin, driving global demand.Bitcoin’s limited supply fuels its growing role in the global financial system. Bitcoin’s journey has entered unknown territory, as analysts, institutions, and governments agree on an optimistic prognosis that may see its price skyrocketing to $850,000 by 2025. Discussed on Simply Bitcoin, this amazing forecast emphasizes...
Roger Ver’s Tucker Carlson interview gained traction after Elon Musk shared it, spotlighting Ver’s criticism of Bitcoin and defense against legal charges.Zano’s market cap soared from $80M to $180M following Ver’s mentions, despite Bitcoin Cash and Verse being over 97% down. Bitcoin Cash founder Roger Ver made a rare media appearance on December 11 in...
Bitcoin’s 26,931% 10-year return dwarfs traditional asset classes, showcasing its dominance as a high-growth investment.Despite its significant volatility, Bitcoin’s leading position in 2024 with a 129.0% YTD gain reinforces its potential as a transformative asset. Bitcoin has outperformed all major asset classes over the past decade, delivering a staggering 26,931% return, according to CoinGecko data...
Vetle Lunde, an analyst from K33 Research, announced on X that Bitcoin spot exchange-traded funds (ETFs) in the United States have now officially outpaced gold ETFs.Bitcoin’s surpassing of gold in ETF assets reflects a generational shift in investor sentiment, with Bitcoin viewed as “digital gold” due to its limited supply and decentralized nature. For the...
XRP may soon rally to $5 as technical indicators show bullish signs.Falling Bitcoin dominance supports XRP’s potential growth. XRP, one of the most-watched digital assets in the crypto market, has emerged with fresh focus after analysts called for increased buying to push the asset to record highs. Many investors specialize in technical analysis or charting,...