Arthur Hayes, co-founder and former CEO of BitMEX, who now manages a family office called Maelstrom, said he expects Bitcoin to rebound to $60,000 by August and then hover between $60,000 and $70,000 by August.In a blog post early Friday, Hayes said the slow addition of billions of dollars in liquidity each month would dampen negative price action going forward, reversing the prevailing sentiment about market seasonality by suggesting “buy in May and leave.”Hayes claims that the recent policy announcements from the Federal Reserve and the U.S. Treasury are a “stealth form of money printing,” and while the cryptocurrency market…
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Grand Cayman, Cayman Islands, May 3, 2024, Chainwire Protocol launches, growth trajectory, and industry-leading technology will bring further success in the future. On the one-year anniversary of Sui’s mainnet launch, the Sui community is celebrating a groundbreaking year that saw it grow from a nascent ecosystem to the top tier of layer 1 blockchains, attracting high-profile partners, and introducing a variety of technological innovations along the way. Ahead of its 2023 launch, the conversation surrounding Sui has reached a level of excitement unmatched by any chain launched since. Sui’s one-year anniversary marks the culmination of incredible milestones the network has…
Curve Finance’s native token is recording minimal gains after falling for several weeks. The gradual rise helped Curve DAO rebound from its all-time lows. Slight upward momentum in the broader cryptocurrency market is fueling optimism about a recovery. The week that recently concluded was a difficult one for Curve DAO (CRV), the native token of the Curve ecosystem, which is struggling to regain balance after a deep decline to record lows. Despite market movements that saw some assets move slightly higher, CRV remained stagnant and was unable to reverse its downward trajectory.But surprisingly, the token could be aiming for a…
A quick Google search revealed that the game of rock, paper, scissors originated in China in the 1600s and was adopted by Japan before becoming the game we know today. It’s absurd to think that the game my wife and I play to see who pays for the groceries started on the other side of the world over 300 years ago. 1×2 Gaming has taken the game to the next level with Rock, Paper, Scissors DRAW! Get your fingers ready The rules are basic. If you’ve ever played rock, paper, scissors before, you know what it’s about. Rock beats scissors,…
Disclosure: The views and opinions expressed herein are solely those of the author and do not represent the views and opinions of crypto.news editorial. Since their inception, non-fungible tokens have swept not only the art world but also the wider public consciousness. NFTs have rapidly grown from simple digital collectibles selling for a few dollars to multi-million dollar assets with a variety of uses, bringing an iconic revolution to the digital ownership and creative landscape. However, against this background of rapid growth and innovation, each stage of evolution exposes the need for standardization, and this is where ERC-404 comes to…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportIllustration by Mitchell Preffer for Decrypt.This week has been a tough week. Bitcoin—and the broader cryptocurrency market—but as of yesterday, things looked brighter. that much bitcoin price The current price is $63,107. CoinGecko data shows it’s virtually the same as it was seven days ago, down less than 1%. This is an improvement from earlier this week when the coin was trading below $57,000 per coin. Bitcoin’s mid-week plunge was…
Bitcoin BTC +6.31% Short liquidation volume surged to more than $24 million in the past 24 hours as prices rebounded from multi-month lows below $57,000 on Monday.A total of $33 million worth of Bitcoin positions were liquidated in the last 24 hours amid volatility. During the same period, the broader cryptocurrency market saw liquidations of more than $112 million. The majority of these combined cryptocurrency liquidations (about $70 million) were short positions, according to Coinglass data.According to The Block’s price page, Bitcoin is up 3% in the last 24 hours and holding above $59,000, trading at $57,471 as of 5:45…
Coinbase CEO Brian Armstrong said Base is now leading the way. Layer-2 Solutions based on transaction volume. Base leverages “optimistic rollups” to batch transactions on the underlying Ethereum blockchain to speed up transactions and reduce costs. These transactions are later integrated and finalized on the Ethereum mainnet, maintaining Ethereum’s high security standards. This efficient process significantly reduces costs. Top Layer 2 solution with the highest transaction volume Armstrong detailed the innovations driving this change in its first quarter earnings call on May 2, 2024. The significant transaction volume on the network represents a significant leap forward in blockchain capabilities. According…
The U.S. Securities and Exchange Commission (SEC) announced an extension of the review period for 7RCC’s listing of Bitcoin exchange-traded fund (ETF). At this point, the committee is expected to make a final ruling on the application submitted by NYSE Arca by June 24, 2024, with the original deadline set for May 10. 7RCC’s Bitcoin Exchange Traded Fund Overview 7RCC Global has developed a carbon-neutral spot Bitcoin exchange-traded fund (ETF). The purpose of the idea is to provide investors with exposure to Bitcoin while also addressing environmental issues through carbon credit integration. The exchange-traded fund…
In the ever-expanding online casinos, ensuring the safety and security of financial transactions is of utmost importance.Choosing the safest payment method when engaging in online gambling is important to ensure your security and peace of mind. Credit cards like Visa and MasterCard are widely accepted and offer strong consumer protections, including fraud protection. E-wallets like PayPal, Skrill, and Neteller act as intermediaries, providing an additional layer of security. This allows users to deposit funds without having to share their banking details directly with the casino. Cryptocurrencies such as Bitcoin are becoming increasingly popular in online gambling because they offer anonymity…