ETF Hopeful Bold PredictionsMultinational banking giant Standard Chartered has made a surprising prediction that Bitcoin (BTC) could soar to nearly $200,000 by the end of 2025, following the approval and success of a Bitcoin exchange-traded fund (ETF) in the United States. This forecast hinges on the belief that spot Bitcoin ETFs could attract $50 billion to $100 billion in inflows in 2024.Basics of ForecastingStandard Chartered’s head of digital assets Geoff Kendrick and precious metals analyst Suki Cooper based this forecast on the assumption that US-listed spot Bitcoin ETFs could hold between 437,000 and 1.32 million bitcoins by the end of…
Author: Crypto Flexs
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Cosmo Jiang, portfolio manager at digital asset-focused hedge fund Pantera Capital, highlights one cryptocurrency project that could see explosive activity this year. Stacks (STX) aims to implement smart contracts and decentralized finance (DeFi) applications on Bitcoin (BTC). The project’s native token, STX, is up nearly 95% over the past month. Jiang note Trading activity on Stax also surged. “User activity is already telling us right before the Bitcoin ETF (exchange-traded fund). They want to do more. Stack’s trading activity continues to grow. What will it look like in April when the Nakamoto upgrade increases transaction speeds by more than 100x?…
I tried making a simple BTC transfer but got the following error: Script not found for input #0. What am I missing? const bitcoin = require(“bitcoinjs-lib”); const ECPairFactory = require(“ecpair”); const ecc = require(“tiny-secp256k1”); const RegtestUtils = require(“regtest-client”); module.exports = async function (req, res) const regtestUtils = new RegtestUtils( APIURL: “https://regtest.bitbank.cc/1”, APIPASS: “satoshi”, ); const network = regtestUtils.network; // regtest network params const ECPair = ECPairFactory.ECPairFactory(ecc); const keyPair = ECPair.fromWIF( “xxxxxxxx” ); const p2pkh = bitcoin.payments.p2pkh( pubkey: keyPair.publicKey, network, ); const unspent = await regtestUtils.faucet(p2pkh.address, 2e4); const txb = new bitcoin.Psbt( network ); txb.setVersion(2) .setLocktime(0) .addInput( hash: unspent.txId, index: unspent.vout,…
Cardano (ADA) ended 2023 on a roller coaster ride, soaring as high as $0.70 before plummeting back to $0.52 in the new year. Although this sharp correction was expected, concerns remain about continued bearish sentiment despite room for growth. Recovery is not a walk in the park. Currently trading at $0.52, Cardano faces an uphill battle. But a glimmer of hope remains. Cardano (ADA): Flexible support during development Notably, ADA has not violated any significant support levels at the 200-day EMA, suggesting an underlying bullish bias toward the long-term trend that began in mid-October. This technical indicator points to a…
In the digital currency world, ZetaCoin has significantrow. Launched in 2017, ZetaCoin is fast, secure andA scalable alternative to traditional cryptocurrencies like BitcoinEthereum. But what exactly sets ZetaCoin apart, and can it actually do so?Will it be widely adopted in the world of digital finance? What is Zeta Coin? ZetaCoin is a decentralized digital currency that leverages:Safe and secure with cutting-edge blockchain technologyEfficient trading. Built on a unique and innovative foundation.It is a platform that aims to address some of the key limitations of existing platforms.Cryptocurrencies like slow transaction speeds and high energyConsumption. Features of Zeta Coin One of the…
Our privacy policy, Terms of Use, cookie, and Do Not Sell My Personal Information has been updated.CoinDesk is a leader in news and information about cryptocurrencies, digital assets and the future of money. award-winning We are a media outlet that pursues and adheres to the highest standards of journalism. Strict editorial policy. November 2023, CoinDesk Acquisition Bullish Group Owner Bullish is a regulated institutional digital asset exchange. Bullish Group owns the majority of: Block One; both groups understanding It has various blockchain and digital asset businesses and a significant portion of digital assets, including Bitcoin. CoinDesk operates as an independent…
Alchemy Pay, a leading fiat-to-crypto payment gateway, recently expanded its virtual card services in Hong Kong by adding a new Bank Identification Number (BIN) for its cryptocurrency virtual cards, according to its official website. This strategic move with the addition of the BIN number “515783” will significantly improve the usability and acceptance of the card on a variety of platforms, including: ChatGPT There is also Aliexpress, Netflix, Twitter, Facebook, Apple Store and Google Pay. The implementation of the new BIN is a significant development in the cryptocurrency payments sector. This is because these numbers, which make up the first 6…
Cardano (ADA) is attempting a recovery in the $0.4650 area. A close above the $0.550 resistance could trigger a new rally for ADA. ADA price is rising in the $0.4650 area. The price is trading below $0.570 and the 100 simple moving average (4-hours). On the 4-hours chart of the ADA/USD pair, there is a major bearish trendline forming with resistance near $0.545 (data source from Kraken). A clear move above $0.545 and $0.550 could push the pair higher. Cardano price attempts a new rise After a strong rally, Cardano was pitted against sellers near $0.675. ADA, unlike Bitcoin and…
AVAX, the native token of the Avalanche network, entered the cryptocurrency market prominently earlier this year, establishing itself as a prominent player and outperforming many other altcoins. But the initial enthusiasm surrounding AVAX took a noticeable turn as the narrative took an unexpected turn. The token is currently sitting at $36.65, reflecting a significant change from its previous bullish trajectory. Over the past seven days, AVAX has had a difficult time, suffering a loss of 15%.advertising Concerns and social silence due to AVAX downturn The reasons for the recent downturn could range from changes in market sentiment to external factors…
Stax has a strong bullish outlook for the coming weeks. A drop to $1.7 could be an opportunity for buyers. STX (STX) had strong gains in December and January. Bitcoin (BTC) has seen increased volatility over the past month after facing strong selling pressure that pushed the price back to record lows. This caused STX to revert some of its recent gains. Prices have risen in the last 24 hours due to new influx of demand. Sentiment was also in favor of buyers as Stacks targets the $2.45 level next. Stack bulls should curb their FOMO and wait. Source: STX/USDT…