Core Blockchain’s DeFi TVL Skyrockets Over 1000%, Introduces Non-Custodial BTC Staking
Despite a wider market pullback, the total value locked (TVL) in DeFi on Core (CRYPTO: CORE), Bitcoin (CRYPTO: BTC) Layer-2 blockchain, has grown significantly in the second quarter of 2024. What Happened: According to a Messari report, Core’s DeFi TVL grew by 1,032% in Q2, reaching $76.4 million. The...
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Anthony Scaramucci Backs Kamala Harris On Crypto Policy, Says ‘It’s Going In The Right Direction’
SkyBridge Capital founder Anthony Scaramucci, a headline speaker at Benzinga’s Future of Digital Assets event, is actively working with a group of cryptocurrency advocates to shape U.S. Vice President Kamala Harris‘s policies on digital assets ahead of the 2024 elections. What Happened: “There’s a group of cryptocurrency advocates, bitcoin...
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Experts Predict Bitcoin Surge To $65,000 As Crypto Market Remains Steady
Analysts are projecting Bitcoin (CRYPTO: BTC) to reach $65,000 in the near term, citing increased long positions and bullish options activity, as the leading cryptocurrency remains steady above $62,000. Meanwhile, Ethereum (CRYPTO: ETH) has climbed 3.5% to $2,547, with both cryptocurrencies seeing significant ETF inflows. What Happened: Bitcoin is...
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Judge Dismisses ConsenSys Lawsuit After SEC Withdraws Ethereum Investigation
ConsenSys, the blockchain company behind Ethereum (CRYPTO: ETH) infrastructure projects like MetaMask, has faced a setback in its lawsuit against the U.S. Securities and Exchange Commission (SEC). What Happened: The company had initially sued the SEC for overreach, accusing the regulator of conducting an unnecessary investigation into Ethereum, specifically...
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Bitcoin Bears Are Facing ‘Last Stand’: Here’s What Technical Analysts Are Saying
Veteran technical analyst CryptoCred sees a potential shift to a bullish market structure for Bitcoin (CRYPTO: BTC), suggesting the apex crypto is at a critical juncture. What Happened: CryptoCred took to his X account to emphasize the importance of using line charts for market structure analysis, noting that they...
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$9 Trillion BlackRock Picks Bitcoin As Protection Against Fed Dollar Crisis
BlackRock has reinforced the view that Bitcoin may be the future of the financial sector, as the $9 trillion asset management company has selected Bitcoin as a protection against a sudden Federal Reserve dollar crisis. BlackRock Turns To Bitcoin For Safety Fears concerning the collapse of the United States...
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Dogecoin’s RSI Shift Ignites Optimism For Potential Gains Toward $0.1293
Dogecoin is capturing attention once again as a recent shift in its Relative Strength Index (RSI) ignites optimism for potential gains. The RSI, a key indicator, has shown signs of a bullish reversal, signaling that buying interest may be on the rise, positioning Dogecoin for possible gains to the...
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Cardano Founder Weighs In On US Elections — Which Candidate Is Best For Crypto?
From a crypto perspective, Cardano founder Charles Hoskinson suggests that former US President and Republican presidential candidate Donald Trump is better suited to win the US presidential election as he has shown more support for the US crypto industry than Vice President Kamala Harris has. Hoskinson Favors Trump For...
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Bitcoin MVRV Points To Bullish Breakout Under Key Condition
Despite some mid-week turbulence, the price of Bitcoin (BTC) rallied to close the past week on a positive note, with an overall price gain of 4.07% according to data from CoinMarketCap. This positive price performance allowed BTC to maintain its upward trajectory from the previous week when it crossed...
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Bitcoin Volatility Still Low Compared To Past Cycle: Is BTC Ready To Hit ATH In 2024?
Bitcoin has surged over the past few days, sparking a shift in market sentiment as investors take notice of its renewed momentum. Despite the recent price gains, key data from Coinglass reveals that Bitcoin’s volatility remains notably low compared to past cycles. This unusual calm amid the surge has...
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