Despite predicting that the long-anticipated U.S. recession will finally hit next year, investment manager VanEck still expects Bitcoin to hit all-time highs by the fourth quarter due to the approval of spot ETFs and the upcoming halving event, according to a new report.VanEck analysts Matthew Sigel and Patrick Bush expect the U.S. economy to succumb to a recession in the first half of 2024 as economic momentum slows and inflation cools, making it more vulnerable to shocks. However, analysts also expect more than $2.4 billion to flow into U.S. spot Bitcoin ETFs in the first quarter, pushing prices higher if…
Author: Crypto Flexs
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The top 100 Web3 altcoins surged more than 67% this week due to wallet updates, new partnerships, and re-listings on Korean exchanges. WEMIX, a subsidiary of Wemade, aims to build a Web3 ecosystem centered on experience-based services. The project’s native token is trading at $3.91 at the time of this writing, up from $2.34 a week ago. The 56th largest cryptocurrency asset by market capitalization also rose more than 22% in the past 24 hours. On Tuesday, Wemade announced a partnership with the Innovation Hub at Dubai International Financial Center to build a web3 gaming community centered around WEMIX. The…
part- Historically, Bitcoin price followed a four-year cycle believed to be associated with each halving event.- A somewhat stable pattern emerged before and after the halving, including rebounds, declines, and peaks.- Although past performance is not always indicative of future results, this framework can be used to predict Bitcoin price under the assumption that past trends will reappear.Impact of Halving on BTC MarketsMuch of Bitcoin’s past price history has revolved around: bitcoin halving. Although the effect of halvings on the price of Bitcoin is debatable, it is undeniable that each cycle so far has had a similar pattern to the…
join us telegram A channel to stay up to date on breaking news coverage New cryptocurrency token It can explode with the highest margins. This article highlights various new coins listed on exchanges. Missing the direction of the cryptocurrency market can result in investors missing out on taking advantage of exciting opportunities. The information shared in this review will help cryptocurrency investors stay ahead of the curve by staying on top of cryptocurrency market movements based on new projects being listed every day. New cryptocurrency launches, listings and pre-sales today In general, the rules of cryptocurrency remain the same for…
Cointelegraph Accelerator is pleased to announce a strategic collaboration with Chainlink Labs, the lead developer of Chainlink, the industry-standard decentralized computing platform. This collaboration will help align the Cointelegraph Accelerator and Chainlink BUILD programs to drive innovation and accelerate the growth of next-generation Web3 projects.Cointelegraph Accelerator and Chainlink Labs join to power Web3 innovation.Cointelegraph Accelerator is a global program supporting early-stage and promising Web3 startups. As part of its collaboration with Chainlink Labs, Cointelegraph Accelerator will provide Chainlink BUILD projects with marketing support, media strategy, social media playbook, user acquisition guides, access to the largest industry events, and other benefits…
The scourge of malicious deepfake creation has spread far beyond the realm of celebrities and public figures, and a new report on Non-Consensual Intimate Images (NCII) finds the practice is only growing as image generators develop and proliferate. I did.A report from social media analytics firm Graphika on Friday said “AI stripping” is on the rise, describing the practice of using fine-tuned generative AI tools to remove clothing from images uploaded by users.The gaming and Twitch streaming communities grappled with this issue earlier this year when prominent broadcaster Brandon ‘Atrioc’ Ewing accidentally revealed that he had been watching AI-generated deepfake…
Hackers who exploited the Uranium Finance DeFi platform in 2021 may have attempted to use “Magic: The Gathering” trading cards to launder the loot after running it through the Tornado Cash mixing service, pseudonymous blockchain sleuth ZachXBT said Thursday. Yes.in line ZachXBT on The user then exchanged the ETH for wrapped ETH (WETH), transferred it to a new address, exchanged it for USDC, and then used some of it to purchase “Magic: The Gathering” (MTG) trading cards.Some of the funds were also deposited into centralized exchanges Kraken, Bitpay, and researcher Coinbase. wrote.ZachXBT said steps appear to have been taken to…
VanEck’s data showed that BTC’s price could surge further in the coming days. Fidelity’s ETF moves one step closer to approval. Bitcoin (BTC) has been sparking optimism in the cryptocurrency sector for quite some time. However, institutional research suggests that BTC still has a long way to go. Is it greener for BTC? The U.S. economy is expected to fall into recession in the first half of the new year, according to research from VanEck. Several indicators point to late-cycle dynamics, including slowing economic momentum, slowing hiring, and increasing bankruptcy filings. Bitcoin and gold have experienced volatility during previous recessions,…
The debate surrounding the suitability of Bitcoin Exchange-Traded Funds (ETFs) in the ever-evolving cryptocurrency landscape continues to capture the attention of investors, enthusiasts, and industry experts alike. Seen as a potential catalyst for mainstream adoption, this financial instrument raises fundamental questions about the future of the cryptocurrency market. For Bitcoin ETF Improved accessibility: Opening the cryptocurrency market to the public One of the main arguments in favor of a Bitcoin ETF concerns the concept of improved accessibility. Proponents argue that Bitcoin ETFs can attract both institutional and retail investors to the cryptocurrency market by providing a regulated and simple investment…
XRP prices are still underperforming the general cryptocurrency market, raising concerns among holders. However, for a cryptocurrency that boasts one of the strongest communities in the sector, this is not all bad. As for prices, optimism about a recovery remains high, as cryptocurrency analyst JD has made a rather optimistic forecast for altcoin prices. XRP Price Confirms Golden Cross Fo 1000% Rally In a recent analysis of the XRP price, cryptocurrency analyst JD pointed out a bullish formation that could spell very good news for the altcoin. According to him, the cryptocurrency has confirmed a rare golden cross on the…