Bitcoin maximalist, Samson Mow, has made waves on social media with his latest prediction regarding the cryptocurrency market. Mow, who serves as the CEO of Jan3, an organization focused on Bitcoin adoption, took to Twitter to propose a new bullish case for Bitcoin that he believes could lead to what he calls “Godzilla candles” immediately.
Crypto
On June 8th, 2024, HashKey Global announced the upcoming launch of the second phase of their Launchpool project, Aethir (ATH), scheduled for June 11, 2024. This project allows users to lock ATH or USDT tokens to access a pool of 5,870,000 ATH for a period of 3 days. Rewards will start accruing on June 12,
Bitcoin bears could be facing trouble as a recent analysis shows that open interest on the shorts’ side is slowly increasing, aligning with the spot buying volume. This situation often leads to short squeezes, potentially pushing the price of Bitcoin towards $100,000. One key indicator to watch is the Spot Cumulative Volume Delta (CVD). This
In a groundbreaking announcement, Memeland, a prominent Web3-focused venture studio, has introduced MemeDay as a new tradition aimed at celebrating community unity within the Web3 space. This inaugural celebration, scheduled for June 9th, is set to blend the vibrant culture of memes with the principles of Web3 technology, creating a unique and festive experience for
The fate of exchange-traded funds (ETFs) linked to the cryptocurrency ether lies in the hands of how quickly issuers respond to the U.S. Securities and Exchange Commission’s (SEC) inquiries, according to Chair Gary Gensler. While the SEC recently gave the green light to Nasdaq, CBOE, and NYSE to list spot ether ETFs, the trading commencement
Samson Mow, CEO at Jan3, known for his optimistic predictions, recently shared his thoughts on when the crypto community can expect Bitcoin to reach the $100,000 price level. According to Mow, Bitcoin first needs to surpass its previous all-time high before a recursive demand shock kicks in, propelling it to $100,000. Even though Bitcoin reached
The New York Stock Exchange experienced a technical issue on Monday, June 3, which caused A-class shares of Warren Buffet’s Berkshire Hathaway to appear to be down by almost 100%. This malfunction resulted in trading halts for Berkshire Hathaway, as well as Barrick Gold and Nuscale Power. Despite the quick resolution of the glitch and
Recently, Bitcoin reached a major turning point in the cryptocurrency market by achieving an all-time high on one of its most crucial charts. This significant milestone sheds light on the macroeconomic factors propelling Bitcoin’s current bullish trend, particularly its relationship with global liquidity (M2). Bitcoin is currently trading around $70,868, signaling a clear upward trajectory.
Michael Saylor, the cofounder of MicroStrategy, continues to share Bitcoin-themed tweets on a daily basis. In one of his recent tweets, he shared an AI-generated photo of a bee inside a beehive with a Bitcoin mascot. This tweet invites people to “Join the Swarm,” referring to the growing global community of BTC believers and holders.
While Moonbeam Network’s 2024 Roadmap promises significant technical improvements such as the introduction of parallel processing to increase throughput by 8 times and asynchronous backing to quadruple block space, the article fails to adequately explain the technical details behind these enhancements. Without a clear understanding of how these changes will be implemented and what impact