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Cryptography News
Coinjournal
1w
267
Bitcoin to eclipse gold? Blockstream CEO predicts crypto’s inflation hedge dominance
- Bitcoin has the potential to surpass gold as the go-to hedge against inflation within the next decade, according to Adam Back, CEO of Blockstream.
- Rising inflation and increased crypto adoption are key drivers.
- Back predicts inflation could average 10% to 15% annually.
- Regulatory changes, geopolitical instability, and removing regulatory obstacles contribute to Bitcoin's growing appeal.
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Coinjournal
1w
29
Bitcoin’s resilience suggests bullish outlook, says Grayscale Investments
- Bitcoin's resilience suggests a bullish outlook as the USD weakens, according to Grayscale Investments analysts.
- Bitcoin Pepe's presale has raised over $6.3 million as it enters its eighth stage.
- Grayscale analysts believe BTC could rally higher despite the recent 8% drawdown, which they consider to be a positive sign for long-term Bitcoin adoption.
- Bitcoin Pepe aims to introduce memecoin trading on the Bitcoin blockchain, unlocking over $1 trillion in liquidity for the ecosystem.
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Cryptopotato
1w
63
Image Credit: Cryptopotato
Ethereum Wipes Out 7 Years of Gains in Crash to $1,400, Where Next for ETH?
- Ethereum has wiped out seven years of gains, falling over 10% below its 2018 cycle peak of $1,450.
- The asset is now more than 70% down from its 2021 market cycle peak of $4,878, with majority of losses occurring in the past three months.
- Technical indicators suggest Ethereum may be approaching a bottom, with oversold conditions and dwindling supply on exchanges.
- The future of Ethereum depends on macroeconomic improvement, trade deals, and potential asset tokenization boosting demand for ETH.
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Coindoo
1w
224
Image Credit: Coindoo
Bitcoin Stability Sparks Optimism for New Highs, Says Matt Hougan
- Bitcoin has remained stable while traditional markets have taken a hit amid geopolitical tensions and tariffs.
- Matt Hougan suggests that Bitcoin's maturity and resilience, coupled with increased institutional participation, may lead to new record highs once market volatility subsides.
- Bitwise has introduced new investment products to capitalize on crypto's volatility, with their MicroStrategy-focused product gaining popularity among investors.
- Hougan believes that as concerns over fiat currencies and the dominance of the U.S. dollar grow, Bitcoin becomes increasingly relevant and well-positioned in the evolving global financial system.
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Cryptopotato
1w
59
Image Credit: Cryptopotato
XRP to the Moon? Standard Chartered Predicts a 500% Price Surge (Report)
- Standard Chartered predicts a surge to $5.50 for XRP this year and $12.50 before the end of the term.
- XRP's price retraced and currently trades at roughly $1.80.
- Standard Chartered predicts XRP's valuation could reach $5.50 by the end of this year and $12.50 by the end of 2028.
- Some analysts see bullish signals for XRP, while others warn of a potential drop to $1.30.
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Coindoo
1w
174
Image Credit: Coindoo
Bitcoin Resilience Stuns Analysts Amid Stock Market Volatility
- Bitcoin has outperformed major equity indices, behaving more like a hedge than a high-volatility asset amid stock market turmoil.
- Leverage in the crypto markets has been kept in check, and institutional investors are managing risk conservatively.
- Selloffs in previous months cleared out excessive speculation, leaving Bitcoin in a more stable position compared to traditional markets.
- Bitcoin's ability to stay resilient while traditional assets stumble is strengthening the case for crypto as a long-term portfolio diversifier.
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Coindoo
1w
4
Image Credit: Coindoo
Michael Saylor’s Strategy Warns of Potential Bitcoin Sales if Funding Dries Up
- MicroStrategy, under the direction of Chairman Michael Saylor, has acquired a substantial 528,185 BTC at an average purchase price of $67,458 per coin.
- Although the current value of MicroStrategy's Bitcoin stash is above its cost with an estimated worth of $40.61 billion, the recent dip in market prices has raised concerns about the company's financial flexibility.
- A regulatory filing revealed that if MicroStrategy cannot raise capital on favorable terms, it may be forced to sell some of its Bitcoin holdings at a loss or under unfavorable market conditions, posing a risk to its long-term balance sheet.
- MicroStrategy anticipates booking an unrealized loss of approximately $6 billion for Q1, which could further jeopardize its ability to meet financial commitments if Bitcoin's price continues to trend downward.
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Coindoo
1w
76
Image Credit: Coindoo
U.S. Shuts Down Crypto Crime Unit as Trump Shifts Focus to Investor Fraud
- The U.S. has shut down its National Cryptocurrency Enforcement Team (NCET) as part of a shift in focus towards investor fraud.
- The closure of NCET is aimed at bringing more predictability and less regulatory pressure to the crypto industry.
- The move signifies a change in strategy, with the Department of Justice shifting its attention from targeting crypto infrastructure to pursuing individuals who defraud or harm investors directly.
- The closure of NCET marks a shift towards a more targeted approach in dealing with crypto-related crime rather than sweeping crackdowns on platforms and protocols.
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Coindoo
1w
3k
Image Credit: Coindoo
Real Estate Firm to Build Solana Treasury After Raising $42M
- Real estate firm raises $42 million in a financing round involving major players in the crypto and venture capital space.
- Fundraising conducted under U.S. securities law exemptions, with 2.5% interest rate and maturity in April 2030.
- Investors have the option to convert notes into shares if market cap surpasses $100 million.
- Former Kraken executives now leading the company, indicating a convergence between crypto and real estate tech.
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Coinjournal
1w
33
Ethereum plunges as Donald Trump’s trade war batters crypto markets
- Ethereum leads fresh crypto selloff amid Trump’s trade war.
- Ethereum fell over 6% to its lowest level since March 2023.
- Tariff uncertainty dampens sentiment: a broader market pullback
- People have given up on a major recovery in crypto in the first half of the year.
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Coindoo
1w
237
Image Credit: Coindoo
U.S. Economy at Risk as China Holds the Upper Hand in Trade Standoff – Peter Schiff
- Schiff suggests that China may destabilize the U.S. economy by reducing its financial support and offloading U.S. Treasury bonds, triggering a rise in interest rates.
- China could prioritize domestic consumption over exports to the U.S., restricting the flow of affordable goods into American markets and straining the debt-heavy U.S. financial system.
- China's higher savings and more internal production make it better positioned to endure the long-term effects of the economic standoff.
- Schiff warns of the potential for the dollar to be undercut and restricted access to credit if China takes a more aggressive stance, calls for a cautious approach from the U.S.
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Zycrypto
1w
314
Image Credit: Zycrypto
US Department of Justice Disbands Crypto Investigation Unit — Great for Crypto?
- The US Department of Justice (DOJ) has disbanded the National Cryptocurrency Enforcement Team as part of a shift in regulatory focus.
- The DOJ will now concentrate on prosecuting the victimization of digital asset investors rather than pursuing cryptocurrency enforcement.
- This move follows the Trump administration's efforts to ease regulatory tension in the industry and create clearer rules.
- The administration's aim is to make the United States a global capital for cryptocurrency and Artificial Intelligence, promoting innovation.
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18 Likes
Zycrypto
1w
403
Image Credit: Zycrypto
XRP On The Cusp Of Mega Utility Explosion As Ripple Acquires Hidden Road In $1.25 Billion Deal
- Ripple has acquired prime brokerage firm Hidden Road for $1.26 billion, opening up new markets for the crypto payment firm.
- The deal allows Ripple's subsidiaries to tap into traditional markets and leverage XRP's Ledger for faster and efficient cross-border payments.
- The acquisition positions Ripple as the first crypto company to own a prime brokerage firm and aims to merge decentralized and traditional finance.
- The move is expected to attract institutional investor inflow and comes as part of Ripple's effort to foster cross-border partnerships.
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Cryptopotato
1w
322
Image Credit: Cryptopotato
Bitcoin’s Resilience Tested as Tariffs and Macroeconomic Pressure Drive Market Volatility
- Bitcoin's correlation with equities and gold has fluctuated under the influence of trade tariffs and macroeconomic factors.
- Despite short-term alignment with traditional markets, Bitcoin maintains its distinct identity as an independent asset class.
- Bitcoin demonstrated resilience and potential as a safe-haven asset during periods of economic uncertainty.
- The future trajectory of Bitcoin depends on its ability to return to low correlation with equities and serve as an inflation-resistant asset.
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Zycrypto
1w
106
Image Credit: Zycrypto
Pakistan Appoints Former Binance CEO Changpeng Zhao To Stimulate Country’s Use of Crypto
- Changpeng Zhao, former CEO of Binance, has been appointed as a strategic advisor to the Pakistan Crypto Council to help the nation adopt blockchain technology.
- Muhammad Aurangzeb, Finance Minister of Pakistan, sees this appointment as a landmark moment for the country and a signal that Pakistan is open to innovation.
- Zhao's visit to Pakistan aims to create a legal framework for digital assets and spur economic growth through regulation that allows room for innovation and opportunities for crypto entrepreneurs.
- The Pakistan Crypto Council aims to attract foreign investors and collaborate with the crypto industry to facilitate financial growth and international trade while keeping the black market in check.
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